Carthamus Yellow Market Analysis

Carthamus Yellow with a Wide Range of High End Applications

The high prices of carthamus yellow have resulted in its use only by high-end users. It is mainly used in the foodservice sector and the pharmaceuticals where the clean-label and health is a major factor. Also, the required colour is obtained at specific pH thus various different hues can be achieved by slightly changing the pH of the product it is used in. It is used as a colouring agent in various products also due to its good resistance to light and high temperature. The dry powder of the carthamus yellow is used in blends such as in bakery products, confectionery, seasonings, and the liquid is used in dairy products, beverages, jams, desserts etc.

Carthamus Yellow Market: Regional Analysis

The use of the carthamus yellow in the food applications is higher in the European and the North America regions as the requirement for the clean label products is more in these regions. Due to the high price of carthamus yellow, the majority of its use is in the high-end applications. But many manufacturers have started to manufacture carthamus yellow especially in Mediterranean countries, Europe and the U.S. This is because of the high demand of the clean label ingredients in the food, cosmetics, and pharmaceutical industries. The high competition amongst the manufacturers might result in the lowering of the price in the upcoming years.

The discontinuation of many dyes in the Asia Pacific region that have a chemical composition and are harmful to the human health can result in the carthamus yellow and many other pigments that are clean label to gain traction in the upcoming years. Also, its use in the food and beverages processing is comparatively less as compared to its use in the cosmetics and pharmaceutical industry. But it is expected to have a very high market share in the upcoming years.

Carthamus Yellow Market: Key Participants

Some of the key market participants in the carthamus yellow market are:

• Hansen Holding A/S
• Guixi Huakang Natural Pigment Factory
• Qingdao Pengyuan Kanghua Natural Source. Co. Ltd.
• Zhejiang Binmei Biotechnology Co. Ltd.
• Yunnan Tonghai Yang Natural Products Co., Ltd.
• Shaanxi Fuheng(FH)Biotechnology Co. Ltd.
• Glico Nutrition Co. Ltd.
• Merck KGaA
• Avantor Inc.
• Kanegrade Ltd.

The research report presents a comprehensive assessment of the carthamus yellow market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

The report covers exhaustive analysis on:

• Carthamus Yellow Market Segments
• Carthamus Yellow Market Dynamics
• Carthamus Yellow Market Size
• Carthamus Yellow Supply and Demand
• Current Trends/Issues/Challenges pertaining to Carthamus Yellow Market
• Competition Landscape and Emerging Market Participants in Carthamus Yellow Market
• Technology related to Production/Processing of Carthamus Yellow
• Value Chain Analysis of the Carthamus Yellow Market

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.