The global indigo carmine market size is anticipated to reach a market valuation of USD 46.9 Million in 2022, with sales rising at a steady CAGR of 4.8% during the forecast period (2022 to 2032). Moreover, amid rising adoption in the food and beverage industry, the overall demand for indigo carmine is projected to exceed USD 77.4 Million by the end of 2032.
Attributes | Key Statistics |
---|---|
Indigo Carmine Market Size (2022E) | USD 46.9 Million |
Projected Market Valuation (2032F) | USD 77.4 Million |
Value-based CAGR (2022 to 2032) | 4.8% |
Top Region Market Share (North America) | 33.1% |
Indigo Carmine is an organic salt made from indigo by an aromatic sulfonation method that makes the chemical water soluble. It is a widely used food colorant all over the world. In the United States and the European Union, indigo carmine is allowed for use as a food additive and has the E number E132.
Indigo Carmine is extensively used as a pH indicator since it turns blue at pH 11.4 and yellow at pH 13.0 in a 0.2 percent aqueous solution. It also functions as a redox indicator, turning yellow when reduced. Similarly, it is used to detect dissolved ozone as well as superoxide, which is a crucial distinction in cell biology.
Indigo Carmine is a synthetic food color that is used in conjunction with Patent Blue V to give products a blue tint. It is mostly used as a blue additive in the food and beverage sector and can be used with dyes to produce various yellow, purple, and blue tones. Certain colors are connected with specific flavors, and the color of food affects the flavor perception of anything added to it. Color additives like indigo carmine impart colors when added to food or drink.
A study by Future Market Insights displays that food colors will account for nearly USD 5.3 Billion of sales in the global market by 2032. The food colors market exhibited a sale by volume of about 185,000 metric tons in 2021, while indigo carmine dyes exhibited a sale of about 3155 metric tons in 2021.
The market report suggests that the demand for indigo carmine colorants is expected to reach around 5100 metric tons by 2032.
However, a rising preference for natural food colors triggered by growing awareness about the harmful effects of synthetic colors on the human body and the environment is acting as a growth restraining factor.
The global indigo carmine sales are projected to grow at a CAGR of 4.8% between 2022 and 2032, in comparison to the 3.2% CAGR registered from 2017 to 2021. The rising adoption of indigo carmine as a food coloring additive in the food and beverage industry is a key factor driving growth in the global indigo carmine market.
Over the years, indigo carmine, also called indigotin and brilliant indigo, has become one of the commonly used food coloring additives in the food and beverage industry on account of its low cost, easy availability, and several other benefits. It is a more vibrant coloring agent than other available natural colorings and adds much greater stability to the product. Rising applications of indigo carmine in food and beverages are expected to push the demand for indigo carmine over the assessment period.
Indigo carmine is used in coloring frozen, convenience, ready-to-eat, and processed foods, carbonated drinks, and alcoholic beverages as well as juices, sauces, etc. Thus, increasing consumption of these products along with growing demand for exotic-looking food dishes and increasing importance to food appeal preferences will propel sales of indigo carmine during the forecast period.
Food and beverage manufacturers utilize indigo carmine to make food more attractive, enhance the naturally occurring color, provide color to colorless food, and allow the consumer to identify the product by sight.
Similarly, the rising usage of indigo carmine across industries like pharmaceuticals, household cleaning products, medical pieces of equipment, stamp dyes, and cosmetics is expected to aid the growth of the indigo carmine market. Indigo Carmine is being increasingly used for diagnostic purposes in the healthcare industry.
Indigo Carmine appears to cause allergic and intolerance reactions. Also, misconceptions about synthetic food colorants among consumers are key restraints to the market. Indigo Carmine, even though is a water-soluble non-azo colorant, its water solubility is not that good, hence it has found lesser application in liquid food items. Indigo Carmine lacks nutritional content. Also, the snowballing consumption of natural food colors by big food processing industries might impact the indigo carmine revenue.
Rising Adoption of Indigo Carmine as a Diagnostic Dye Creating Opportunities in the USA Market
As per FMI, the USA indigo carmine market was valued at USD 11 Million in 2021 and is likely to expand at a relatively higher CAGR during the assessment period. Demand for indigo carmine in the USA market is driven by rapid adoption from the healthcare and food & beverage industries.
With changing lifestyles and rapid economic growth, there has been a sharp rise in the consumption of foods like bakeries, snacks and cereals, beverages, and fruit fillings across the USA during the last few years. As indigo carmine is being increasingly used in these products, the surge in their production and sales will stimulate growth in the global indigo carmine market.
Similarly, the rising usage of indigo carmine as a diagnostic dye in the healthcare industry is playing a key role in propelling growth in the USA indigo carmine market.
Additionally, factors such as the growing popularity of affordable synthetic food colorants, expansion of food manufacturing industries, and heavy presence of leading indigo carmine manufacturers are likely to expand the indigo carmine market size in the USA during the forecast period.
Application of Indigo Carmine in the Food and Beverage Industry Driving Growth in the China Market
The total sales of indigo carmine reached USD 3.3 Million in China in 2021 and are further slated to grow at a CAGR of 4.2% during the forecast period (2022 to 2032). This can be attributed to the rising usage of indigo carmine in applications like beverages, bakeries, snacks, confectioneries, dairy, fruit preparations, sauces, soups, dressings, pet food, etc.
Similarly, the growing popularity of synthetic food colorants due to their easy availability and cost-effectiveness, the presence of lax government regulations, and the growth of various food industries, such as meat processing, bakery & confectionery, pet food industry, and functional food products will favor the growth of the indigo carmine market in the country during the forecast period.
Demand for Indigo Carmine to Remain High in Beverages Segment
By application, the beverages segment holds the largest share of 24.7% of the global indigo carmine market and is likely to continue its dominance during the forthcoming years. This can be attributed to the rising usage of indigo carmine as a food coloring agent in a wide range of beverages.
On the other hand, the bakery, snacks, and cereals segment is expected to accelerate with a CAGR of 4% through the course of the assessment period.
Many regional market players contribute to the global Indigo Carmine market. Indigo carmine firms have been working on improving their miscibility to attract end-user industries and consumers. Some of the prominent players identified in the global Indigo Carmine market include Sensient Colors LLC, Tianjin Baishi Chemical Co., Ltd., Asim Products, Sunfoodtech, Beijing Hengye Zhongyuan Chemical Co., Ltd. GNT International B.V., GFS Chemicals Inc, Dynamic Products Ltd., Sigma-Aldrich Co. LLC., Shanghai Dyestuffs Research Institute Co. Ltd., and TNC Chemicals Philippines Incorporated.
Attributes | Details |
---|---|
Anticipated Growth Rate (2022 to 2032) | 4.8% |
Estimated Market Size (2022) | USD 46.9 Million |
Projected Market Size (2032) | USD 77.4 Million |
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Million for Value and MT for Volume |
Key Regions Covered | North America; Latin America; Europe; Middle East and Africa; and India; Asia Pacific |
Key Countries Covered | USA, Canada, Mexico, Brazil, Peru, Argentina, UK, China, India, Japan, Germany, Italy, France, South Africa, South Korea, Australia, and GCC Countries |
Key Segments Covered | Type, Application, and Region |
Key Companies Profiled | Sunfoodtech; Sensient Colors LLC.; Dynamic Products Ltd; Chinasun Specialty Products Co., Ltd; Tianjin Baishi Chemical Co., Ltd.; Beijing Hengye Zhongyuan Chemical Co., Ltd.; Wenzhou Dongsheng Chemical Reagent Factory; Shanghai Baiyan Industrial Co., Ltd.; Emco Dyestuff Private Limited; Denim Colourchem Pvt Ltd; Neelikon Food Dyes & Chemicals Ltd; Kelco Chemicals Co., Ltd.; Dintech Chemical Co., Ltd.; Gogia Chemical Industries Pvt. Ltd.; Asim Products; Others |
Report Coverage | Market Forecast, Drivers, Restraints, Opportunities and Threats Analysis, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032
Table 2: Global Market Volume (MT) Forecast by Region, 2017 to 2032
Table 3: Global Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 4: Global Market Volume (MT) Forecast by Type, 2017 to 2032
Table 5: Global Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 6: Global Market Volume (MT) Forecast by Application, 2017 to 2032
Table 7: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 8: North America Market Volume (MT) Forecast by Country, 2017 to 2032
Table 9: North America Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 10: North America Market Volume (MT) Forecast by Type, 2017 to 2032
Table 11: North America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 12: North America Market Volume (MT) Forecast by Application, 2017 to 2032
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 14: Latin America Market Volume (MT) Forecast by Country, 2017 to 2032
Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 16: Latin America Market Volume (MT) Forecast by Type, 2017 to 2032
Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 18: Latin America Market Volume (MT) Forecast by Application, 2017 to 2032
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 20: Europe Market Volume (MT) Forecast by Country, 2017 to 2032
Table 21: Europe Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 22: Europe Market Volume (MT) Forecast by Type, 2017 to 2032
Table 23: Europe Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 24: Europe Market Volume (MT) Forecast by Application, 2017 to 2032
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 26: East Asia Market Volume (MT) Forecast by Country, 2017 to 2032
Table 27: East Asia Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 28: East Asia Market Volume (MT) Forecast by Type, 2017 to 2032
Table 29: East Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 30: East Asia Market Volume (MT) Forecast by Application, 2017 to 2032
Table 31: South Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 32: South Asia Market Volume (MT) Forecast by Country, 2017 to 2032
Table 33: South Asia Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 34: South Asia Market Volume (MT) Forecast by Type, 2017 to 2032
Table 35: South Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 36: South Asia Market Volume (MT) Forecast by Application, 2017 to 2032
Table 37: Oceania Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 38: Oceania Market Volume (MT) Forecast by Country, 2017 to 2032
Table 39: Oceania Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 40: Oceania Market Volume (MT) Forecast by Type, 2017 to 2032
Table 41: Oceania Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 42: Oceania Market Volume (MT) Forecast by Application, 2017 to 2032
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 44: Middle East and Africa Market Volume (MT) Forecast by Country, 2017 to 2032
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 46: Middle East and Africa Market Volume (MT) Forecast by Type, 2017 to 2032
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 48: Middle East and Africa Market Volume (MT) Forecast by Application, 2017 to 2032
Figure 1: Global Market Value (US$ Million) by Type, 2022 to 2032
Figure 2: Global Market Value (US$ Million) by Application, 2022 to 2032
Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032
Figure 5: Global Market Volume (MT) Analysis by Region, 2017 to 2032
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 8: Global Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 9: Global Market Volume (MT) Analysis by Type, 2017 to 2032
Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 12: Global Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 13: Global Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 16: Global Market Attractiveness by Type, 2022 to 2032
Figure 17: Global Market Attractiveness by Application, 2022 to 2032
Figure 18: Global Market Attractiveness by Region, 2022 to 2032
Figure 19: North America Market Value (US$ Million) by Type, 2022 to 2032
Figure 20: North America Market Value (US$ Million) by Application, 2022 to 2032
Figure 21: North America Market Value (US$ Million) by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 23: North America Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 26: North America Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 27: North America Market Volume (MT) Analysis by Type, 2017 to 2032
Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 30: North America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 31: North America Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 34: North America Market Attractiveness by Type, 2022 to 2032
Figure 35: North America Market Attractiveness by Application, 2022 to 2032
Figure 36: North America Market Attractiveness by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Million) by Type, 2022 to 2032
Figure 38: Latin America Market Value (US$ Million) by Application, 2022 to 2032
Figure 39: Latin America Market Value (US$ Million) by Country, 2022 to 2032
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 41: Latin America Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 45: Latin America Market Volume (MT) Analysis by Type, 2017 to 2032
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 49: Latin America Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 52: Latin America Market Attractiveness by Type, 2022 to 2032
Figure 53: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 54: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 55: Europe Market Value (US$ Million) by Type, 2022 to 2032
Figure 56: Europe Market Value (US$ Million) by Application, 2022 to 2032
Figure 57: Europe Market Value (US$ Million) by Country, 2022 to 2032
Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 59: Europe Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 62: Europe Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 63: Europe Market Volume (MT) Analysis by Type, 2017 to 2032
Figure 64: Europe Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 66: Europe Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 67: Europe Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 70: Europe Market Attractiveness by Type, 2022 to 2032
Figure 71: Europe Market Attractiveness by Application, 2022 to 2032
Figure 72: Europe Market Attractiveness by Country, 2022 to 2032
Figure 73: East Asia Market Value (US$ Million) by Type, 2022 to 2032
Figure 74: East Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 75: East Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 76: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 77: East Asia Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 80: East Asia Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 81: East Asia Market Volume (MT) Analysis by Type, 2017 to 2032
Figure 82: East Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 84: East Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 85: East Asia Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 86: East Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 88: East Asia Market Attractiveness by Type, 2022 to 2032
Figure 89: East Asia Market Attractiveness by Application, 2022 to 2032
Figure 90: East Asia Market Attractiveness by Country, 2022 to 2032
Figure 91: South Asia Market Value (US$ Million) by Type, 2022 to 2032
Figure 92: South Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 93: South Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 94: South Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 95: South Asia Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 98: South Asia Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 99: South Asia Market Volume (MT) Analysis by Type, 2017 to 2032
Figure 100: South Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 102: South Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 103: South Asia Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 104: South Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 105: South Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 106: South Asia Market Attractiveness by Type, 2022 to 2032
Figure 107: South Asia Market Attractiveness by Application, 2022 to 2032
Figure 108: South Asia Market Attractiveness by Country, 2022 to 2032
Figure 109: Oceania Market Value (US$ Million) by Type, 2022 to 2032
Figure 110: Oceania Market Value (US$ Million) by Application, 2022 to 2032
Figure 111: Oceania Market Value (US$ Million) by Country, 2022 to 2032
Figure 112: Oceania Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 113: Oceania Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 116: Oceania Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 117: Oceania Market Volume (MT) Analysis by Type, 2017 to 2032
Figure 118: Oceania Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 120: Oceania Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 121: Oceania Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 122: Oceania Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 123: Oceania Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 124: Oceania Market Attractiveness by Type, 2022 to 2032
Figure 125: Oceania Market Attractiveness by Application, 2022 to 2032
Figure 126: Oceania Market Attractiveness by Country, 2022 to 2032
Figure 127: Middle East and Africa Market Value (US$ Million) by Type, 2022 to 2032
Figure 128: Middle East and Africa Market Value (US$ Million) by Application, 2022 to 2032
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2022 to 2032
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 131: Middle East and Africa Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 135: Middle East and Africa Market Volume (MT) Analysis by Type, 2017 to 2032
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 139: Middle East and Africa Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 142: Middle East and Africa Market Attractiveness by Type, 2022 to 2032
Figure 143: Middle East and Africa Market Attractiveness by Application, 2022 to 2032
Figure 144: Middle East and Africa Market Attractiveness by Country, 2022 to 2032
The global indigo carmine market was valued at nearly USD 44.9 Million in 2021 and is estimated to touch a valuation of USD 46.9 Million in 2022.
The indigo carmine market in China is expected to grow at 4.2% CAGR between 2022 and 2032.
As blue-shaded seasonings are rare to find, the seasonings segment accounted for 3.6% of sales in the indigo carmine market in 2021.
The Japan indigo carmine market exhibited sales of 180 metric tons in 2021 and is expected to grow at a 4.9% CAGR between 2022 and 2032.
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