Food Colors Market Size & Analysis Report By Type, By Application and By Region – Global Opportunities & Forecast, 2021-2028
Food Colors Market, Report, By Type (Natural and Synthetic), By Application (Beverages, Dairy Products, Frozen Products, Bakery, Meat, Poultry, and Seafood, Confectionery, Oils and Fats, and Others), and By Region – Global Opportunities & Forecast, 2021-2028
Food Colors Market size is forecast to reach USD 6,800 Million by 2028, estimated to grow at a CAGR of 12.4% during 2021-2028.
Food Colors Market Overview
The Food Colors refers to the additives used to add color to food products that includes bakery, confectionery, frozen food, dairy products, processed foods, and beverages. Food colors are added to maintain and improve the appearance of the food.
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Major Food Colors Market Drivers
The global food colors market is expected to grow at a prominent rate over the forecast period owing to the upsurge in demand of edible colors from different food & beverage products such as dairy products, frozen foods, bakery & confectionery, meat & poultry, and seafood. In addition, increasing consumer awareness towards clean-label products coupled with growing demand for natural food colors is further estimated to drive the market for food colors.
Moreover, rising use of color to identify the quality, flavour, and aesthetics of food is expected to support the growth of the food colors market. For instance, red represents health and love, green represents nature and health, yellow represents optimism and good feelings, and black symbolizes dominance. This is expected to contribute to the increase in the demand for food colors over the forecast period.
Restraint in the Food Colors Market
However, health hazards associated with synthetic colors due to the use of chemicals with heavy metals, such as lead or arsenic in the manufacturing of synthetic food colors is expected to restraint the growth of the food colors market.
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Type – Segment Analysis
Based on the type, the natural food color is expected to grow at a substantial rate during the forecast period owing to the rising health awareness and increasing demand for chemical free food products among the consumers. Additionally, natural food colors are non-allergic, biodegradable, contain antimicrobial properties, and they can be easily extracted from plants, fruits, and flowers, which further contributes to the rise in the demand of natural food colors.
Application – Segment Analysis
Based on the application, beverage segement is expected to hold a notable share in the market. This can be attributed to the growing use of natural colors in beverages to appeal the emotional reactions and influence appetite of consumers. Moreover, use of colors affect aesthetics, flavour, identification, perception, and anticipated taste of beverage products, which is anticipated to increase the market over the forecast period.
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Regional – Segment Analysis:
North America is projected to hold a significant share in the market over the forecast period. This is primarily due to the increasing demand of food colors in food & beverages, bakery, seafood, and confectionery products. Increasing demand of food products coupled with the growing awareness towards the use of natural colors is further accelerating the market growth. Moreover, the presence of leading players Archer-Daniels-Midland Company, International Flavors & Fragrances Inc., and Kalsec Inc. including is expected to support the growth of the market.
Top Market Players
Several leading Food Colors companies operating in the market, include, Givaudan Group, Archer-Daniels-Midland Company, International Flavors & Fragrances Inc., Sensient Colors LLC, Royal DSM N.V., DDW, Lycored, Kalsec Inc., Chr. Hansen Holding A/S, and Aromata Group S.r.l. among others.
Key Developments:
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- In 2019, Naturex, a subsidiary of Givaudan Group introduced a new extraction line to increase the manufacturing capacity of Vegebrite Ultimate Spirulina, food coloring stuff at the company’s production site in Avignon, France. Naturex’s Spirulina is a 100% natural solution available in various concentrations and formats. It offers all shades of blue, and green when blended with Naturex’s natural yellows.
Segments covered in the Report:
The global Food Colors market has been segmented on the basis of type, application, and key regions. Based on type, the market is segmented into natural and synthetic. Based on application, the market is segmented into beverages, dairy products, frozen products, bakery, meat, poultry, and seafood, confectionery, oils and fats, and others.
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Report Coverage |
Details |
Market Base Year |
2020 |
Market Forecast Period |
2021-2028 |
Market Revenues (2028) |
USD 6,800 Million |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Type, By Application, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Givaudan Group, Archer-Daniels-Midland Company, International Flavors & Fragrances Inc., Sensient Colors LLC, Royal DSM N.V., DDW, Lycored, Kalsec Inc., Chr. Hansen Holding A/S, and Aromata Group S.r.l. among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Food Colors Market by Type
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- Natural
- Synthetic
Global Food Colors Market by Application
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- Beverages
- Dairy Products
- Frozen Products
- Bakery
- Meat, Poultry, and Seafood
- Confectionery
- Oils and Fats
- Others
Global Food Colors Market by Region
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-
North America Food Colors Market (Option 1: As a part of the free 25% customization)
- By Type
- By Application
- US Market All-Up
- Canada Market All-Up
-
Europe Food Colors Market (Option 2: As a part of the free 25% customization)
- By Type
- By Application
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
-
Asia-Pacific Food Colors Market (Option 3: As a part of the free 25% customization)
- By Type
- By Application
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
-
RoW Food Colors Market (Option 4: As a part of the free 25% customization)
- By Type
- By Application
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
-
Major Players Operating in the Food Colors Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Givaudan Group
- Archer-Daniels-Midland Company
- International Flavors & Fragrances Inc.
- Sensient Colors LLC
- Royal DSM N.V
- DDW
- Lycored
- Kalsec Inc.
- Hansen Holding A/S
- Aromata Group S.r.l.
Frequently Asked Question About This Report
food colors market [UP2454-001001]
The expected market size of Food Colors Market by 2028 is 6,800 Million.
The key drivers are upsurge in demand of edible colors from different food & beverage products such as dairy products, frozen foods, bakery & confectionery, meat & poultry, and seafood.
North America is projected to dominate the market over the forecast period. This is primarily due to the increasing demand of food colors in food & beverages, bakery, seafood, and confectionery products.
Beverage segement is projected to hold a notable share in the market. This can be attributed to the growing use of natural colors in beverages to appeal the emotional reactions and influence appetite of consumers.
- Published Date: Nov - 2021
- Report Format: Excel/PPT
- Report Code: UP2454-001001
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The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Report is shared with unlimited user (employees) of the purchasing corporation only
Food Colors Market Size & Analysis Report By Type, By Application and By Region – Global Opportunities & Forecast, 2021-2028
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