Global Carmine Market Projected to Reach $80.11 Million by 2032, as Demand for Natural Colorants Soars [Yahoo! Finance]
Sensient Technologies Corporation (SXT)
Last sensient technologies corporation earnings: 2/14 06:55 am
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Source: Yahoo! Finance
Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering. The carmine market is set to witness substantial growth, with an anticipated worth of approximately US$ 80.11 Million by the year 2032. A compound annual growth rate (CAGR) of 6.44% is expected between the years 2024 and 2032. This is attributed to the widespread utilization of carmine across several industries, including food and beverage, textiles, cosmetics, and pharmaceuticals. The primary catalyst for this expansion is the surge in demand within the food and beverage sector, notably in the meat industry, where carmine is extensively used as a colorant. With the rise in consumer preference for natural and organic products, carmine's role as a natural colorant in food processing has been particularly highlighted, avoiding artificial alternatives and aligning with strict regulatory standards. Innovations and Regional Growth Innovations, such as veg
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News
- Natural Food Colors Market to Be Worth $3.74 Billion by 2031--Exclusive Report by Meticulous Research® [Yahoo! Finance]Yahoo! Finance
- Sensient Technologies Corporation (NYSE:SXT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Sensient Technologies Co. (NYSE: SXT) had its price target raised by analysts at Robert W. Baird from $70.00 to $80.00. They now have an "outperform" rating on the stock.MarketBeat
- Sensient Technologies Corporation Reports Results for the Quarter Ended March 31, 2024 and Raises Full Year Guidance [Yahoo! Finance]Yahoo! Finance
- Sensient Technologies beats top-line and bottom-line estimates; updates FY24 outlook [Seeking Alpha]Seeking Alpha
SXT
Sec Filings
- 5/1/24 - Form 4
- 4/30/24 - Form 8-K
- 4/30/24 - Form 8-K/A
- SXT's page on the SEC website