Food colors are dyes or pigments used to enhance the taste and colors to give a precise appearance. The growing need for convenience foods owing to the increasing consumer knowledge about products with an exotic and traditional taste is anticipated to additional upholds the growth of the market in the next few years.
Natural food colors are used to enhance the aesthetic value of foods. The global natural food colors market is growing with a CAGR of 6.04% over the forecast period primarily driven by the increasing demand from the bakery & confectionery and the beverages industry. Consumers are highly skeptical about artificial flavors. As consumers become increasingly aware of the side effects of consuming synthetic raw materials, food and beverage makers are concentrating on producing food and beverages with a clean label to maintain the growing demand of consumers.
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Global Natural Food Colors Market Competitive Landscape
Companies such as Archer Daniels Midland Company, Kalsec Inc., Chr. Hansen Holding A/S, Sensient Technologies Corporation, Naturex S.A., McCormick & Company, Lycored Ltd, Dupont, Chr. Hansen Holding A/S and Australian Food Ingredient Suppliers (AFIS) are the leading player of natural food color market globally.
Europe accounts for the largest market size in the global natural food color market during the forecast period.
Geographically, the food colors market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is the leading region and is expected to have a market share of 30.33% by 2025. Owing to the increased awareness about safe food color products among consumers, and the health benefits provided by natural food colors.
Additionally, stringent rules & regulations regarding the use of artificial food colors are expected to strengthen the natural food colors market in Europe. Asia-Pacific is projected to be the fastest growing region with a CAGR of 6.83% over the forecast period in terms of value of natural food color market due to the high demand from emerging economies like India, China, and South Korea. Moreover, an increase in consumer expenditures for food & beverages is expected to increase the demand for color colors over the forecast period.
Objective of the Study:
- To analyze and forecast market size of the Global Natural 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 Natural 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 natural food colors market on the basis of form and application.
- To examine competitive developments like expansions, technological advancement, services, and regulative framework within the global natural food colors market.
- To highlight the impact analysis of the factors, affecting the market dynamics such as drivers 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: Global Natural Food Colors Market Overview
Chapter Six: Global Natural Food Colours Market, By Form
Chapter Seven: Global Natural Food Colours Market, By Powdered Natural Food Colors
Chapter Eight: Global Natural Food Colors Market, By Applications
Chapter Nine: Global Natural Food Colors Market, By Region
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