The global carmine market attained a value of USD 55.37 Million in 2025. The market is further expected to grow in the forecast period of 2026-2035 at a CAGR of 5.20%, to reach USD 91.92 Million by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.2%
Value in USD Million
2026-2035
*this image is indicative*
| Global Carmine Market Report Summary | Description | Value |
| Base Year | USD Million | 2025 |
| Historical Period | USD Million | 2019-2025 |
| Forecast Period | USD Million | 2026-2035 |
| Market Size 2025 | USD Million | 55.37 |
| Market Size 2035 | USD Million | 91.92 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 5.20% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 5.6% |
| CAGR 2026-2035 - Market by Country | India | 6.5% |
| CAGR 2026-2035 - Market by Country | Brazil | 5.8% |
| CAGR 2026-2035 - Market by Form | Powder | 5.7% |
| CAGR 2026-2035 - Market by Application | Dairy and Frozen Products | 5.9% |
| Market Share by Country 2025 | Mexico | 2.1% |
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The growing demand for carmine as pigments in the meat industry is expected to support the growth of the market in regions like North America. Since carmine is made using cochineal extract, which is obtained from female cochineal insects growing in specific climates, Latin American countries like Peru, Chile, Mexico, and others are expected to be lucrative supply markets. In the coming years, the Asia Pacific is expected to emerge as a major regional market for carmine supported by the robust growth of the food processing industry in the region.
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Carmine is a colouring extract obtained from the female cochineal insects, which thrive on Coccus cacti, growing in semi-arid climates. The pigment is magenta or pinkish red in colour, which makes it a valuable colouring agent for meat and confectioneries. Carmine is also used in pharmaceutical and cosmetic applications.
The market can be segmented on the basis of form as:
The market can be differentiated by application into:
The market can be segmented on the basis of region as:
| CAGR 2026-2035 - Market by | Country |
| India | 6.5% |
| Brazil | 5.8% |
| China | 5.4% |
| USA | 4.7% |
| UK | 4.4% |
| Canada | XX% |
| Germany | XX% |
| France | 4.0% |
| Italy | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Mexico | XX% |
| Japan | 3.5% |
Since there is a high demand from the meat industry for colourants to make the meat look more natural, carmine is being increasingly imported into the United States of America and Europe, thus, propelling the market growth. As greater R&D takes place in this sector, there is a possibility that these colouring agents can be used with different formulations without adverse effects, which is further projected to propel the growth of the market. The market is further projected to be catalysed by the growing awareness among consumers about natural products.
Europe and North America have a high demand for colourants for food products but there are food regulations that make the import or use of synthetic colouring additives difficult. Such regulations make carmine a valued import commodity and are expected to bolster its demand in the coming years. While the endemic nature of the insects can constrain the market growth, efforts are being made to replicate conducive growth conditions in other countries for carmine production.
The report gives a detailed analysis of the following key players in the global carmine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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The global carmine market is projected to grow at a CAGR of 5.20% between 2026 and 2035.
The major market drivers include the rising demand for carmine in the meat sector and surging R&D activities by key players.
The stringent governmental regulations on synthetic food colourants and the growing demand for natural products are expected to be the key trends guiding the growth of the market.
The major regions in the carmine market include the Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America.
Powder, liquid, and crystal are the major segments based on the form of carmine.
The various applications of the product are dairy and frozen products, cosmetics, meat products, and bakery and confectionery, among others.
The leading players in this market are Amerilure Inc., BIOCONCOLORS, Vinayak Ingredients (India) Pvt. Ltd., and Proquimac, among others.
In 2025, the carmine market reached an approximate value of USD 55.37 Million.
The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach a value of around USD 91.92 Million by 2035.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
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