Carmine Market to Reach $57.5 Million by 2025, Growing at a CAGR of 6.7% : AMR
Carmine Market size was $33.9 million in 2017, and is projected to reach $57.5 million in 2025, registering a CAGR of 6.7% from 2018 to 2025. The powder form segment accounted for maximum share in 2017. Carmine is a dye majorly used for coloring food products and galenicals. It is also used in inks. This natural colorant Carmine is the purified form of a colorant known as cochineal. It is derived from the shell of the female cochineal insect (Dactylopius...
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