Global Food Colors Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global food colors market in its upcoming report titled, “Global Food Colors Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global food colors market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global food colors market report has been segmented on the basis of product type, form, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Food colors are also known as food additives, that are used for addition of color to food or beverages in the form of dye or pigment. They are used to make food items look more colorful and appealing. Various types of food coloring are used in processed food industries, pharmaceuticals, cosmetics, etc. Food coloring dates back to ancient Egyptian civilization when natural plant extracts were being added to food for improving its appearance. Food colors are also used to add vitamins and flavors to various cuisines.
Rising demand for processed food & beverages globally owing to increasing population is a major factor fueling growth of the global food colors market. Growing awareness regarding negative health effects due to consumption or use of synthetic colors is making consumers more inclined towards natural and organic coloring. Rising popularity of natural food products and introduction of new organic coloring by manufacturers is propelling growth of the global market. In addition, stringent government rules against use of certain artificial coloring is also boosting growth of natural food colors market. Rising consumption of convenient food and increasing disposable income are also factors propelling growth of the global market. Growing awareness regarding health benefits provided by natural coloring is also expected to drive growth of the market to a certain extent.
However, negative health effects, owing to use of synthetic colors and government regulation on its usage are major factors that may hamper growth of the global colorants market.
Development of cost-effective and novel range of organic and natural food colors create high revenue opportunities for target players in the market.
The market in North America accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, owing to presence of key player in this region. The market in Europe is expected to witness moderate growth in the market in terms of revenue over the forecast period, owing to rising demand for natural food coloring in the region. The market in Asia Pacific is expected to witness fastest growth especially in emerging economies, owing to increasing processes food & beverages sector.
Global Food Colors Market Segmentation:
By product type:
- Nature Identical
- Bakery and confectionery products
- Meat products
- Dairy products
- Others (Frozen food, Sauces, etc.)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Archer-Daniels-Midland Company
- Hansen Holding A/S
- Sensient Technologies Corporation
- Koninklijke DSM N.V.
- FMC Corporation
- Naturex S.A.
- D. Williamson & Co., Inc.
- Döhler GmbH
- Kalsec Inc.
- Fiorio Colori S.p.A.
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