Global Natural Food Colors Market Overview, Trends, Opportunities, Growth and Forecast by 2024
According to the latest report by IMARC Group titled, “Natural Food Colors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global natural food colors market is expected to grow at a CAGR of around 5% during 2019-2024.
Natural food colors refer to edible pigments and dyes used to add color to various food products, drugs and cosmetics. They are manufactured from naturally available products such as vegetables and minerals and are most commonly obtained from annatto, turmeric, beet juice, red cabbage, spinach and caramel. These food colors are an essential ingredient in the manufacturing of liquids, gels, gel pastes and edible powders, and are free of genetically modified organisms (GMO) and allergens. Apart from this, natural food colors are non-toxic, environment-friendly and do not have side effects upon consumption.
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The global market is driven by the thriving food and beverage industry across the globe. Natural food colors are extensively utilized for preparing flavored drinks and juices as well as bakery and confectionary items. Furthermore, increasing awareness among consumers regarding the negative health impacts, such as allergies and hyperactivity, caused by synthetic color variants, is positively impacting the market growth. Other factors, including rapid urbanization and government policies favoring the adoption of natural food colors across industries, are projected to drive the market further.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/natural-food-colors-market
Key Market Segmentation:
Breakup by Product:
• Curcumin
• Carotenoids
• Anthocyanins
• Carmine
• Caramel
• Copper Chlorophyllin
• Others
Breakup by Form:
• Liquid
• Powder
• Gel
Breakup by Application:
• Processed Food
• Meat and Savories
• Beverages
• Baked Products
• Others
Breakup by Region:
• Asia Pacific
• Europe
• North America
• Middle East and Africa
• Latin America
Competitive Landscape
The report has also examined the competitive landscape of global natural food colors market. Some of the major players in the market are Archer Daniels Midland Company, Chr. Hansen, Naturex, Sensient Technologies Corporation, DowDuPont, FMC Corporation, Allied Biotech Corporation, DDW The Colour House, Kalsec Inc., Doehler, etc.
Key highlights of the report:
• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Competitive Structure
• Profiles of Key Players
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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