| Product Code: ETC6739015 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
China carmine import shipments in 2024 continued to see significant growth, with a high Herfindahl-Hirschman Index (HHI) indicating concentration among top exporting countries. Peru, Indonesia, South Korea, USA, and Spain emerged as key players in supplying carmine to the Chinese market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 37.75%, with a notable growth rate of 9.01% from 2023 to 2024. This data suggests a thriving market for carmine imports in China, driven by strong demand and diverse sourcing strategies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Carmine Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Carmine Market Revenues & Volume, 2021 & 2031F |
3.3 China Carmine Market - Industry Life Cycle |
3.4 China Carmine Market - Porter's Five Forces |
3.5 China Carmine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 China Carmine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 China Carmine Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 China Carmine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural food colorants in the food and beverage industry |
4.2.2 Increasing awareness about the health benefits of carmine as a natural colorant |
4.2.3 Expansion of the cosmetics industry in China, where carmine is used in various products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in carmine production |
4.3.2 Strict regulations related to the use of carmine in certain applications |
5 China Carmine Market Trends |
6 China Carmine Market, By Types |
6.1 China Carmine Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 China Carmine Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 China Carmine Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 China Carmine Market Revenues & Volume, By Liquid, 2021- 2031F |
6.1.5 China Carmine Market Revenues & Volume, By Crystal, 2021- 2031F |
6.2 China Carmine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Carmine Market Revenues & Volume, By Dairy & Frozen Products, 2021- 2031F |
6.2.3 China Carmine Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.4 China Carmine Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.5 China Carmine Market Revenues & Volume, By Bakery & Confectionary, 2021- 2031F |
6.2.6 China Carmine Market Revenues & Volume, By Meat Products, 2021- 2031F |
6.3 China Carmine Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 China Carmine Market Revenues & Volume, By Food Processing Companies, 2021- 2031F |
6.3.3 China Carmine Market Revenues & Volume, By Beverage Industry, 2021- 2031F |
6.3.4 China Carmine Market Revenues & Volume, By Catering Industry, 2021- 2031F |
6.3.5 China Carmine Market Revenues & Volume, By Cosmetics and Pharmaceutical Industry, 2021- 2031F |
7 China Carmine Market Import-Export Trade Statistics |
7.1 China Carmine Market Export to Major Countries |
7.2 China Carmine Market Imports from Major Countries |
8 China Carmine Market Key Performance Indicators |
8.1 Number of new product launches featuring carmine as a key ingredient |
8.2 Adoption rate of carmine in new applications within the food, beverage, and cosmetics industries |
8.3 Investment in research and development for improving carmine extraction techniques |
9 China Carmine Market - Opportunity Assessment |
9.1 China Carmine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 China Carmine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 China Carmine Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 China Carmine Market - Competitive Landscape |
10.1 China Carmine Market Revenue Share, By Companies, 2024 |
10.2 China Carmine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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