The global natural food colors market was valued at US$ 1.9 billion in 2020 and is expected to grow at a CAGR of 7.9% through 2032.
Natural Food colors, as the name, suggest originating from sources such as vegetables, fruits, plants, minerals, and other edible food sources. They transmit color when added to any food or drink. They come in different forms such as liquids, gels, pastes, and powders. They are common both for commercial food production and domestic cooking. The natural colors can come from a variety of sources such as seeds, the skin of fruits, or vegetables.
The market is poised for satisfactory growth during the forecast period owing to the rising consumer demand for healthy and natural foods as against processed foods. The consumer inclination towards clean-label products owing to awareness regarding health-conscious products is a top factor driving the sales of the natural food colors market. Significant demand for natural food colors from the industrial sector to enhance the appeal of the products is also one of the prominent factors for the market demand to rise.
The new-age consumer is aware of the growing health hazards of synthetic colors. One of the primary reasons is the demand for natural food colors products over synthetic ones owing to their several health benefits.
The use of synthetic colors causes a lot of health hazards and the inclination toward environmental-friendly products has been on the rise. Also, the infusion of natural food colors looks attractive and food manufacturers are looking for innovative ways to make use of the same in their products.
Organic or natural food is the one that is manufactured without any synthetic fertilizers, growth hormones, antibiotics, and genetically modified organisms.
Geographical Distribution of the Natural Food Colors Market
The Asia-Pacific market promises lucrative opportunities, with China emerging as the largest exporter in the market. Though it needs to be seen that Europe will occupy significant share in the market of natural food colors, Asia-Pacific will remain in the lead during forecast period. The demand is mainly driven by rising consumer awareness about the hazards of synthetic colors, and the negative side effects of synthetic food colors.
Future government regulations supporting the use of natural food colors are going to further accelerate the demand for natural food colors.
Global Natural Food Colors Market- Share Analysis, by Geography (2022)
The report titled “Global Natural Food Colors Market- Global Market Share, Trends, Analysis and Forecasts, 2023-2032” offers market estimates for a period 2023 to 2032, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Natural Food Colors Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
Product Type Analysis
Animal sourced food color segment is expected to be the highest in the forecast period. The fastest growth is due to the rising need for animal-sourced food colors as the coloring agent which is used in various food and beverages production.
Beverages recorded the highest demand among other products in the forecast period and the demand is expected to rise in the forecast period. The beverages segment is also expected to project the highest CAGR during the forecast period. The reason for this is mainly attributed to the ever-growing need for creating an energy-nutrient ratio in the beverages and simultaneously the growing consumer awareness of the harmful effect of artificial colors in the beverages.
The Natural Food Colors Market Report description presents a comprehensive analysis of the market in the forecast period and gives an account of the prominent market players in the industry.
The leading players in this market include CHR Hansen Holding; Sensient Technologies Corporation; FMC Corporation; BASF SE (Germany); Kolorjet Chemicals; IFC Solutions and others.
By Product Type
By Application type
The natural food colors market was valued at US$ 1.9 billion in 2020.
The global market for Natural Food Colors will most likely expand at over 7.9% CAGR through 2032.
The new-age consumer is aware of the growing health hazards of synthetic colors and Organic or natural food is the one that is manufactured without any synthetic fertilizers, growth hormones, antibiotics, and genetically modified organisms.
CHR Hansen Holding; Sensient Technologies Corporation; FMC Corporation; BASF SE (Germany); Kolorjet Chemicals are the top 5 Natural Food Colors manufacturers.
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