Global Allura Red AC Market Research Report 2022

Allura Red AC (CI 16035) is a red azo dye that goes by several names, including FD&C Red 40.It is used as a food dye and has the E number E129.

It is usually supplied as its red sodium salt, but can also be used as the calcium and potassium salts. These salts are soluble in water. In solution, its maximum absorbance lies at about 504 nm.

Market Analysis and Insights: Global Allura Red AC Market

Due to the COVID-19 pandemic, the global Allura Red AC market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Food Grade accounting for % of the Allura Red AC global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Food segment is altered to an % CAGR throughout this forecast period.

North America Allura Red AC market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

The global major manufacturers of Allura Red AC include Koel Colours, Sensient Cosmetic Technologies, Neelikon Food Dyes & Chemicals, Sun Chemical (DIC), Vipul Organics and Symrise, etc. In terms of revenue, the global 3 largest players have a % market share of Allura Red AC in 2021.

Global Allura Red AC Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Allura Red AC Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Food Grade

Pharmaceutical Grade

Feed Grade

Industrial Grade


Segment by Application


Food

Cosmetic

Tobacco

Other


By Company


Koel Colours

Sensient Cosmetic Technologies

Neelikon Food Dyes & Chemicals

Sun Chemical (DIC)

Vipul Organics

Symrise


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

United States

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Latin America

Mexico

Brazil

Argentina