Global Natural Food Colors Market by Form, Application and Region; Size & Forecast (2015-2025) - ResearchAndMarkets.com
The "Natural Food Colors Market by Form, by Application, by Region; Size and Forecast, 2015-2025" report has been added to ResearchAndMarkets.com's offering.
The global natural food colors market size was estimated at USD 1.94 billion in 2018, growing at a CAGR of 6.04% over the forecast period.
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. 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. Similarly, red sandalwood offers wound healing properties and is used in ayurvedic treatment. Natural colors lessen the risk of allergies and intolerance among customers.
Additionally, Governments are also imposing strict rules and regulations pertaining to the usage of the clean label and eco-friendly food and beverage products. Over the past few years, governments of Spain and Germany have launched and effectively implemented several campaigns to promote healthier lifestyles by familiarizing innovative healthy products to reduce obesity, cholesterol, and diabetes.
The worldwide demand for natural food colors is rising owing to the increasing consumer preference for organic label products. Further, strict food & beverage norms regarding the use of synthetic food colors are expected to have a positive impact on the worldwide food colors industry.
Liquid Form segment holds the largest market share of the food colors market in terms of revenue during the forecast period
On the basis form, the natural food colors market is divided into Powder and Liquid form. Liquid form is anticipated to be the largest product segment accounting for over 60% of the total market revenue in 2018. 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.
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. The market for powder form is projected to have growth rate of 6.85% over the forecast period on account of growing product use by consumers across the developing economies.
Furthermore, the demand for natural colors, like green and blue, is estimated to be driven primarily by their use in the beverage manufacturing industry.
Among applications, the Beverages segment is anticipated to dominate the natural food color market during the forecast period
Based on application, the food color market is bifurcated into Beverages, Processed Food, Dairy Products, Bakery & Confectionery Products, and Others. Beverages application leads to the overall food color market over the forecast period. Increasing customer awareness regarding the harmful effects of artificial additives has resulted in increasing demand for naturally-colored products.
Owing to the rising demand for ready-to-drink beverages, increasing disposable income and economic development heightened demand for the product. Additionally, the usage of these products allows vendors to meet strict regulatory standards regarding allowable elements in consumables. As a result, demand in this segment is anticipated to grow significantly over the forecast period.
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.
Business Questions Answered
- How will the market drivers, restraints and opportunities affect the market dynamics?
- What will be the market size in terms of value and volume and market statistics with detailed classification?
- Which segment dominates the market or region and one will be the fastest growing and why?
- A comprehensive survey of the competitive landscape and the market participant players.
- Analysis of strategy adopted by the key player and their impact on other players.
Topics Covered
1. Research Framework
1.1. Objective of the Report
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.2. Quantitative Research
2.3. Breakdown of Primary Research Respondents, By Region
2.4. Breakdown of Primary Research Respondents, By Industry Participants
2.5. Market Size Estimation
2.6. Assumption for the Study
2.7. Market Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insights
4.1. Industry Ecosystem Analysis
4.2. Pricing Analysis
4.3. Industry Impact and Forces
4.4. Technological Landscape & Innovations
4.5. Regulatory Framework
4.6. Strategic Outlook
4.7. Porter's Five Forces Analysis
5. Global Natural Food Colors Market Overview
5.1. Market Size & Forecast
5.2. Market Share & Forecast
6. Global Natural Food Colours Market, By Form
6.1. Key Form Trends
6.2. Liquid
6.3. Powder
7. Global Natural Food Colours Market, By Powdered Natural Food Colors
7.1. Key Powdered natural Food Colour Trends
7.2. Green Food Color Powder
7.3. Orange Food Color Powder
7.4. Blue Food Colour Powder
7.5. Red Food Colour Powder
7.6. Yellow Food Colour Powder
7.7. Others Food Colour Powder
8. Global Natural Food Colors Market, By Applications
8.1. Key Application Trends
8.2. Bakery & Confectionery
8.3. Beverages
8.4. Dairy
8.5. Process Food & Vegetables
8.6. Others
9. Global Natural Food Colors Market, By Region
9.1. Key Regional Trends
9.2. North America
9.3. Europe
9.4. Asia Pacific
9.5. Latin America
9.6. Middle east & Africa
10. Company Profiles
10.1. LYCORED
10.2. Sensient Technologies Corporation
10.3. Archer Daniels Midland
10.4. EXBERRY
10.5. Dohler GmbH
10.6. DuPont
10.7. Naturex S.A.
10.8. Chr. Hansen Holding A/S
10.9. McCormick & Company
10.10. Symrise AG
10.11. Kalsec Inc.
10.12. DDW The Color House Corporation
10.13. ROHA Dyechem Pvt. Ltd.
10.14. Australian Food Ingredient Suppliers (AFIS)
For more information about this report visit https://www.researchandmarkets.com/research/7kwgvv/global_natural?w=4
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