Natural Food Colors Market

Natural Food Colours Market was valued at USD 4,300 Million in 2019 and is expected to register a CAGR of 5.4% during the forecast period.

Introduction of the Global Natural Food Colors Market Report

Natural food colors refer to a dye, pigment, or other substance which is extracted from vegetables, animals, mineral, or source that have the ability to color food, drugs, cosmetics. Food colors are used for both commercial food production and domestic cooking. The global natural food colors market covers numerous applications such as in dairy & frozen products, meat products, oil & fats, fruits & vegetables, among others.

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Market Dynamic

Key Drivers and Emerging Trends

One of the biggest factor that is responsible for the growth of the global natural food colors market includes its strong demand in confectionery and bakery food products. In addition, there has been an increase in the usage of food colors in alcoholic as well as non-alcoholic beverages, which is further driving the market growth. As per Naturex, out of the total drinks introduced in the U.S., 50% of the drinks have used natural sources for coloring.

With the rising health concerns related to various chronic diseases such as diabetes, obesity, among others, individuals have shifted towards natural food ingredients-based products, which in turn, has indirectly boosted the market growth. The accelerating demand for non-synthetic alternatives for the preparation of pastries, cupcakes, and muffins has propelled the demand for these products, particularly in bakery applications. Furthermore, the continuous growth in the demand for natural and clean label products is another factor that is contributing to the market growth. The clean-label products are organic, natural, non-GMO, and minimally processed consumer-friendly. As per the Clean Label Alliance, around 75% of the individuals are willing to pay more for natural and clean-label products, which will increase the demand for natural food colors and flavors.

Restraints in the Global Natural Food Colors Market:

The various norms and regulatory standards implemented by various international bodies is a major factor that will hinder the market growth. Associations such as National Food Safety and Quality Service, Food and Drug Administration, World Health Organization, and various other associations are focusing on food safety and quality regulations. They have introduced regulations related to the use of ingredients and chemicals such as bitterness used in food processing which will act as hindering factor in the market

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Product – Segment Analysis

Based on the product, Carotenoids is anticipated to grow at a higher CAGR during the forecast period. This is mainly due to its various exceptional properties, such as anti-oxidation, which offers protection against chronic diseases and cellular damage. Moreover, the accelerating demand for carotenoids, particularly in non-alcoholic beverages, frozen products, and bakery, is further driving the segment growth.

Application – Segment Analysis

Based on the application, the beverage is anticipated to witness a faster CAGR during the forecast period. This is attributed to the increasing demand for soft drinks, juices, and alcoholic drinks. Furthermore, the sector is driven by the increasing disposable income of the individuals is indirectly surging the demand for beverages, thus boosting the market growth.

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Regional – Segment Analysis:

Based on the region, Europe is expected to grow at a higher CAGR during the forecast period. The rising adoption of products such as carotenoids, curcumin, carmines, and other food coloring agents in bakery, beverages, and other food products, is a major factor that is growing the regional market growth. Additionally, the expansion of the food and beverage sector in the region is further supporting the growth of the market.

Top Market Players

Various notable players operating in the market include Chr. Hansen Holding A/S, Naturex, BASF SE, FMC Corporation, Sensient Technologies Corporation, ADM, ROHA, Symrise, DDW The Color House, and Kalsec Inc., among others. 

Key Developments:

• • In 2020, Chr. Hansen Holding A/S announced to sell its Natural Color business to EQT IX. EQT planned to invest in the natural color’s organization to strengthen its digital infrastructure, sustainability capabilities, and supply chain setup.

Segments covered in the Report:

The global natural food colors market has been segmented on the basis of Product, Application, and regions. Based on Product, the market is segmented into Carotenoids, Curcumin, Anthocyanin, Carmine, Copper Chlorophyllin, and Others. Based on Application, the market is segmented into Bakery & Confectionery, Beverages, Dairy & Frozen Products, Meat Products, Oil & Fat, Fruits & Vegetables, and Others. 

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Key questions answered in this research report:

• • At what pace is global natural food colors market growing? what will be the growth trend in the future?
  • What are the key drivers and restraints in Global Natural Food Colors market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Natural Food Colors market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various application areas of global natural food colors market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Natural Food Colors Market by Product

• • Carotenoids
  • Curcumin
  • Anthocyanin
  • Carmine
  • Copper Chlorophyllin
  • Others

Global Natural Food Colors Market by Application

• • Bakery & Confectionery
  • Beverages
  • Dairy & Frozen Products
  • Meat Products
  • Oil & Fat
  • Fruits & Vegetables
  • Others

Global Natural Food Colors Market by Region

• • North America Natural Food Colors Market (Option 1: As a part of the free 25% customization)
    • North America Natural Food Colors Market by Product
    • North America Natural Food Colors Market by Application
    • US Natural Food Colors Market All-Up
    • Canada Natural Food Colors Market All-Up
  • Europe Natural Food Colors Market (Option 2: As a part of the free 25% customization)
    • Europe Natural Food Colors Market by Product
    • Europe Natural Food Colors Market by Application
    • UK Natural Food Colors Market All-Up
    • Germany Natural Food Colors Market All-Up
    • France Natural Food Colors Market All-Up
    • Spain Natural Food Colors Market All-Up
    • Rest of Europe Natural Food Colors Market All-Up
  • Asia-Pacific Natural Food Colors Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Natural Food Colors Market by Product
    • Asia-Pacific Natural Food Colors Market by Application
    • China Natural Food Colors Market All-Up
    • India Natural Food Colors Market All-Up
    • Japan Natural Food Colors Market All-Up
    • Rest of APAC Natural Food Colors Market All-Up
  • RoW Natural Food Colors Market (Option 4: As a part of the free 25% customization)
    • RoW Natural Food Colors Market by Product
    • RoW Natural Food Colors Market by Application
    • Brazil Natural Food Colors Market All-Up
    • South Africa Natural Food Colors Market All-Up
    • Saudi Arabia Natural Food Colors Market All-Up
    • UAE Natural Food Colors Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Natural Food Colors Market All-Up

Major Players Operating in the Global Natural Food Colors (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Hansen Holding A/S
  • Naturex
  • BASF SE
  • FMC Corporation
  • Sensient Technologies Corporation
  • ADM
  • ROHA
  • Symrise
  • DDW The Color House
  • Kalsec Inc.