One embodiment of the present invention is to provide an image processing method and an image processing apparatus which can also handle data other than a standard color space and can also handle a case in which the color space of an image color adjustment processing section and that of an image color conversion processing section are different from each other. In one embodiment of the present invention, predetermined color conversion is performed on an image in a first color space, and a first color conversion table defined in the first color space is generated. Next, based on the first color conversion table, a second color conversion table defined in a second color space is generated.