Food colors are used to enhance the aesthetic value of foods. The global food colors market is primarily driven by the increasing demand from the bakery & confectionery and the beverages industry. For example, betanin, a natural food colorant, is used for its antioxidant properties.
The growing need for convenience foods owing to the increasing consumer knowledge about products with an exotic and traditional taste is anticipated to additional uphold the growth of the market in the next few years. The global food colors market is primarily driven by the increasing demand from the bakery & confectionery and the beverages industry. For example, betanin, a natural food colorant, is used for its antioxidant properties.
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Global Food Colors Market Competitive Landscape
Companies such as Archer Daniels Midland Company, Kalsec Inc., FMC Corporation, DOHLER Group, Sensient Technologies Corporation, Naturex S.A., Danisco, GNT Group, Lycored Ltd, Dowdupont, Fiorio Colori, Chr. Hansen Holding A/S are the leading player of food color market globally.
Natural Food Colors is projected to be the leading segment of the overall food colors market during the forecast period.
Natural colors are used to give color uniformity and consistency to food. The demand for natural color is increasing significantly due to the growing awareness among consumers regarding health benefits. Natural colors are free of Genetically Modified Organisms (GMO) and allergens. The market for synthetic food colors is projected to have significant growth on account of growing product use by consumers across the developing economies. The basic application of synthetic food colors or artificial food colors include coloring of food items, pharmaceutical, and cosmetic industries. Synthetic food colors are expressed and manufactured in accordance with the International food color quality standards. Growing awareness regarding the harmful effects of artificial colors and the chemical utilized in the manufacturing of such colors are substantially raising the demand for natural food colors in numerous end-use industries.
Europe constituted the maximum share in the in the global food colors market during the forecast period.
Europe dominates the overall food colors market followed by North America during the forecast period. Owing to the stringent rules & regulations regarding the use of artificial food colors, increased awareness about safe food color and products among consumers, and the health benefits provided by natural food colors. Asia-Pacific is projected to be the fastest growing region in the food color market due to the high demand from emerging economies like India, China, and South Korea.
Objective of the Study:
- To analyze and forecast market size of the Global Food colors market, in terms of value & volume.
- To examine the careful market segmentation and forecast the market size, in terms value, on the basis of region by segmenting Food colors market into five regions, namely, North America, Europe, Asia Pacific, Middle East and their leading countries.
- To outline, categorized and forecast the global Food colors market on the basis of type, application, and form.
- To examine competitive developments like expansions, technological advancement, services, and regulative framework within the global food colors market.
- To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
- To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
Table of Contents:
Chapter One: Research Framework
Chapter Two: Assumptions & Research methodology
Chapter Three: Executive summary
Chapter Four: Industry Insights
Chapter Five: Food Color Market Overview
Chapter Six: Food Color Market, By Type
Chapter Seven: Food Color Market, By Application
Chapter Eight: Food Color Market, By Form
Chapter Nine: Company Profile
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