Market Size for Natural Food Colors: $3.2 Billion by 2027


Posted February 10, 2023 by ameymeti

The market for natural food colours is anticipated to develop at a CAGR of 8.4% from 2019 to 2027 and reach $3.2 billion by that year,

 
Market Size for Natural Food Colors: $3.2 Billion by 2027
The market for natural food colours is anticipated to develop at a CAGR of 8.4% from 2019 to 2027 and reach $3.2 billion by that year, according to the most recent report from Meticulous Researchยฎ. Growing consumer awareness of the advantages of natural food colours, rising consumer demand for clean-label products, rising demand for product appeal enhancement, rising R&D activities in the food industry, and rising use of microencapsulation technology are some of the main factors driving this market. In addition, the market for natural food colours offers considerable prospects for manufacturers due to growing research into novel sources of raw materials and expanding economies in Latin America, Southeast Asia, and Africa. However, barriers include the expensive cost of natural ingredients and strict laws governing the use of colours in food applications.
The global natural food colors market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2027. The market is segmented on the basis of type, source, form, solubility, application, and geography. The study also evaluates industry competitors and analyses the market at a country level.

Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/natural-food-colors-market-5088

Based on type, the global natural food colors market is mainly segmented into carmine, anthocyanins, caramel, annatto, carotenoids, chlorophyll, spirulina, turmeric, beet, and other natural food colors. The carmine segment commanded the largest share of the overall natural food colors market in 2019. The growing demand for carmine from food and beverage industry is mainly due to its use in wide range of applications in food products, such as cake icings, hardy candy, bakery products, ice cream, yogurt, gelatin desserts, fruit syrups, and jam preserves owing to its unique red color.

The carotenoid food colors market is further segmented into beta carotene, lutein, lycopene, canthaxanthin, and astaxanthin. Beta carotene type commanded the largest share of the overall carotenoid food colors market in 2019. The large share of this segment is mainly due to its easy availability and wide range of applications in food and beverage products.

Based on source, the natural food colors market is segmented into plant, minerals, microorganism, and animal source. The plant sourced natural food colors accounted for the largest share of the overall natural food colors market in 2019. The large share of this segment is mainly attributed to the increasing demand for organic food colors derived from various parts of plants.

Based on form, the overall natural food colors market is segmented into liquid, powder, gel, and emulsion. In 2019, the liquid form segment accounted for the largest share of the overall natural food colors market. The large share of this segment is mainly attributed to its increasing demand during the manufacturing of food and beverage products to improve the viscosity, mouthfeel, product stability, texture, shelf life, pleasant taste, and visual aspect. This form is largely used for food items, which require lighter and more pastel colorings. In addition, since these colors provide constant and specification-oriented quality, there is no need of investment in equipment for dissolving, filtering, and pasteurization. Moreover, liquid form of natural food colors have much higher water content as compared to gel; thus, it is highly used in making hard candy and lollipops, frostings, cakes, cookies, ice cream, and syrups

Based on solubility, the overall natural food colors market is mainly segmented into water, dye, and oil soluble. The water-soluble segment is projected to grow at the fastest CAGR during the forecast period. This is primarily attributed to its increasing demand in food and beverage products due to its key properties, such as high concentrated color, excellent quality-price ratio, and high stability in water.

Based on application, the overall natural food colors market is mainly segmented into processed food products and beverages. In 2019, the processed food products segment commanded the largest share of the global natural food colors market. The large share of this segment is mainly attributed to the growing processed food industry and rising demand for natural food colors.

Geographically, Europe region commanded the largest share of the overall natural food colors market in 2019. The large share of this region is primarily attributed to the higher demand for natural and organic food products, increasing investments in R&D, presence of a large number of natural color providers, and rising government support to promote the food processing sector. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.

The key players operating in the global natural food colors market are CHR Hansen Holding A/S (Denmark), Koninklijke DSM N.V. (Netherlands), Sensient Technologies Corporation (U.S.), Archer Daniels Midland Company (U.S.), Dรถhler Group (Germany), D.D. Williamson & Co., Inc. (U.S.), Naturex S.A. (France), Aromata Group S.r.l (Italy), Kalsec Inc. (U.S.), FMC Corporation (U.S.), BASF SE (Germany), (Israel), Lycored Ltd. (Israel), GNT Group b.v. (Netherlands), San-Ei Gen F.F.I., Inc. (Japan), Phinix International (India), Kolorjet Chemicals Pvt. Ltd. (India), Vinayak Ingredients India Pvt. Ltd. (India), IFC Solutions. (U.S.), and INCOLTEC (Spain) among others.
Scope of the report:

Natural Food Colors Market, by Type

Carmine
Anthocyanins
Caramel
Annatto
Carotenoids
Beta-Carotene
Lutein
Lycopene
Canthaxanthin
Astaxanthin
Chlorophyll
Spirulina
Turmeric
Beet
Others
Natural Food Colors Market, by Source

Plant
Mineral
Micro-organism
Animal
Natural Food Colors Market, by Form

Liquid
Powder
Gel
Emulsion
Manufacturer Analysis
Natural Food Colors Market, by Solubility

Water
Dye
Oil
Natural Food Colors Market, by Application

Processed food products
Bakery, Snacks, and Cereal
Dairy
Confectionery
Meat, Poultry, and Seafood
Oil and Fats
Others
Beverages
Non-Alcoholic beverages
Carbonated Soft Drinks
Functional Drinks
Juice and Juice Concentrates
Others
Alcoholic beverages
Natural Food Colors Market, by Geography

North America
U.S.
Canada
Europe
Germany
France
Italy
U.K.
Spain
RoE
Asia-Pacific (APAC)
China
Japan
India
Australia
RoAPAC
Latin America
Brazil
Mexico
Argentina
RoLATAM
Middle East and Africa
๐‘ซ๐’๐’˜๐’๐’๐’๐’‚๐’… ๐‘บ๐’‚๐’Ž๐’‘๐’๐’† ๐‘น๐’†๐’‘๐’๐’“๐’• @ https://www.meticulousresearch.com/download-sample-report/cp_id=5088?utm_source=product&utm_medium=Social&utm_campaign=Product&utm_content=10-02-2023
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Last Updated February 10, 2023