Global Carmine Market Trends Insights 2024-2032
The global carmine market is expected to grow from US$ 45.68 million in 2023 to approximately US$ 80.11 million by 2032, reflecting a compound annual growth rate of 6.44% from 2024 to 2032. This growth is driven by increasing demand for natural food colorants and the versatile applications of carmine in various industries, including food and cosmetics.