21 September 2018 -
The global Natural Food Colors Market size is anticipated to reach USD 2.5 billion by 2025. It is expected to register a CAGR of 6.7% from 2017 to 2025. Health benefits associated with natural food colors coupled with stringent regulations concerning their application in consumables are major factors driving market growth. Europe and North America have been dominating the global market for natural food colors and together these regions contributed a revenue share of 67.0% in 2017.
The global Natural Food Colors Market size is anticipated to reach USD 2.5 billion by 2025. It is expected to register a CAGR of 6.7% from 2017 to 2025. Health benefits associated with natural food colors coupled with stringent regulations concerning their application in consumables are major factors driving market growth. Europe and North America have been dominating the global market for natural food colors and together these regions contributed a revenue share of 67.0% in 2017.
Regulations imposed by the European Union (EU), World Health
Organization (WHO), and others on account of health concerns, are anticipated
to drive demand for natural food colors. These products are manufactured from
organic and natural food products. As a result, there is a steady rise in
demand for these products from consumables, such as confectioneries, dairy
products, oils and fats, and beverages. This factor is anticipated to bode well
for global market over the forecast period.
The natural food colors market is segmented on the basis of
product into carotenoids, curcumin, anthocyanins, carmine, copper
chlorophyllin, and others. Carotenoids accounted for majority of market share
owing to high demand for various shades of orange color from beverages, dairy
and frozen products, and bakery and confectionery applications. In addition,
beverage market is growing significantly owing to rising demand for natural
fruit juices and health drinks. This factor is expected to propel the demand
for natural food coloring in the forthcoming years.
Browse Details of Report @ https://www.hexaresearch.com/research-report/natural-food-colors-market-analysis
On the basis of application, the market is fragmented into
bakery and confectionery, beverages, dairy and frozen products, meat products,
oil and fat, fruits and vegetables, and food. Beverages segment is expected to
account for the largest market share over the forecast period on account of
growing launch of natural fruit drinks, soft drinks, and health drinks based on
natural pigments. According to Naturex, at least 50% new beverages launched in
North America contained natural food colors in 2015. During the same year, new
product launches in Asia Pacific and Europe contained 69% and 89% of these
colors respectively. Penetration of these colors is high in Europe. However,
Asia Pacific is expected to be the fastest growing region in terms of demand
over the forecast period.
alternatives for synthetic colors, is
expected to propel growth of the natural food colors market during the forecast
period. The market is highly competitive and fragmented with presence of global
players catering to local and regional demand across the globe. Companies have
adopted different approaches to compete with each other, to maintain their
market presence, and to increase profit earnings slowly every year.
For instance, Chr. Hansen, Naturex, Diana Naturals, and
Sensient manufacture a wide range of products with manufacturing facilities and
sales office present across all global regions. These companies have goodwill
in the market owing to their well-established and long-term business
experience. These companies compete on the basis of price to gain market share
in emerging regions such as Asia Pacific and Central and South America where
average spending capacity is relatively low.
Hexa Research has segmented the Natural Food Colors Market
report based on product, application and region.
Segmentation by Product
• Curcumin
• Carotenoids
• Anthocyanins
• Carmine
• Copper Chlorophyllin
• Others
• Curcumin
• Carotenoids
• Anthocyanins
• Carmine
• Copper Chlorophyllin
• Others
Segmentation by Application
• Bakery & Confectionery
• Beverages
• Dairy & Frozen Products
• Meat Products
• Oil & Fat
• Fruits & Vegetables
• Food
• Bakery & Confectionery
• Beverages
• Dairy & Frozen Products
• Meat Products
• Oil & Fat
• Fruits & Vegetables
• Food
Segmentation by Region
• North America
• U.S.
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Japan
• Middle East & Africa
• Central & South America
• Brazil
• North America
• U.S.
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Japan
• Middle East & Africa
• Central & South America
• Brazil
Key players analyzed
• Chr. Hansen
• Naturex
• BASF SE
• FMC Corporation
• Sensient Technologies Corporation
• Archer Daniels Midland (ADM) Company
• Allied Biotech Corporation
• Roha Dye Chem Pvt. Ltd.
• Diana Naturals
• DDW The Colour House
• Kalsec Inc.
• Doehler
• San-Ei Gen F.F.I., Inc.
• Synthite Industries Ltd.
• Chr. Hansen
• Naturex
• BASF SE
• FMC Corporation
• Sensient Technologies Corporation
• Archer Daniels Midland (ADM) Company
• Allied Biotech Corporation
• Roha Dye Chem Pvt. Ltd.
• Diana Naturals
• DDW The Colour House
• Kalsec Inc.
• Doehler
• San-Ei Gen F.F.I., Inc.
• Synthite Industries Ltd.
Browse Related Category Market Reports@ https://www.hexaresearch.com/research-category/food-and-beverages-industry
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Hexa Research
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