Global Carmine Market Trends Insights 2025-2033
The global carmine market is estimated to grow from US$ 48.62 million in 2024 to approximately US$ 85.40 million by 2033 at a compound annual growth rate of 6.40% during the period 2025 to 2033. The main reasons behind the growth of this market are rising demand for natural food colorants and the wide-ranging use of carmine in food and cosmetic industries.