Global Natural Food Color Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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Global Natural Food Color Market Overview:
“The global Natural Food Color Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Food colouring is any dye, pigment or substance that imparts color when added to food or drink. Natural food colors are derived from a variety of sources such as fruits, vegetables, seeds, algae and insect, and mineral. It consists of natural extracts with zero toxic level which are environment friendly in nature. Natural food colors improve the appearance of food. Natural food colors are ingredients in the form of liquid, powder, gel, or paste that imparts color to different food products or beverages.
Increasing concern regarding health hazards associated with synthetic colors is key factor to drive growth of the global natural food colors market. In addition, increased awareness regarding harmful effects of artificial food colors and flavours, and advanced technological innovation are some other factors augmenting growth of the global natural food colors market during forecast period.
However, global natural food color market is highly dependent on raw materials such as fruits, vegetables, and spices, coupled with considerable price fluctuations of these products hindering growth of the global natural food color market. Also, high investment cost in research and development and high production cost hampers growth of the global natural food color market during forecast period.
North America accounts for largest revenue contribution to the global natural food color market, followed by market in Europe. However, the Asia Pacific market except Japan is projected to register highest CAGR in terms of revenue during the forecast period. The Middle East & Africa global natural food color markets is still in its nascent stage due to low availability of raw materials; however, with a growing approval rate, scope for the global natural food color market in this country is expected to expand during the forecast period.
Global Natural Food Color Market Segmentation:
Global natural food color market segmentation by type:
- Others (anthraquinones, carmine, cochineal extract, curcumin, turmeric, and copper chlorophyllin)
Global natural food color market segmentation by application:
- Dairy & frozen
- Meat products
- Others (soups, salad, condiments, dressings, and sauces)
Global natural food color market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Sensient Technologies Corporation
- Hansen Holding A/S
- Symrise AG
- International Flavours & Fragrances Inc.
- Kerry Group Plc.
- Givaudan SA
- Royal DSM N.V.
- Archer Daniels Midland Company
- FMC Corporation
- DD Williamson
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