Market Research Future (Food and Beverages) Natural Food Color Ingredients Market Research Rep | Page 4

Natural Food Color Ingredients Market Research Report - Forecast to 2022
3 Pages
Segments
The global natural food color ingredient market can be segmented by type, application, form, and solubility.
Type-wise segmentation includes carotenoids, anthocyanin, paprika extract, curcumin, chlorophyll, spirulina, and
others. Carotenoids own almost 32.8% of the global market share. However, spirulina is expected to grow with the
fastest CAGR of 8.35% during the forecast period.
Application-based segmentation includes beverages, bakery & confectionary, dairy products, meat products, savory
& snacks, and others. Beverages segment can grow with the fastest CAGR of 6.75% during the review period.
Form-based segmentation comprises liquid, gel, powder and paste.
Solubility-wise the market can be segmented into dyes and lakes.
Regional Analysis:
Based on the regional analysis, the market spans across North America, Europe, Asia Pacific (APAC) and Rest-of-
the-World (RoW).
Europe is expected to maintain its dominant position during the forecast period. The region is boasting of robust
economic growth, along with a steady rise of middle-class life and urbanization which are significant market boosters
for the European market. Increasing per capita income and growing awareness of natural food colors to ensure a
robust CAGR for the APAC market. India, China, and the ASEAN countries are showcasing massive opportunity
where the market influencers can invest in a significant amount to reap more benefits. The untapped zones are quite
promising and guarantee a profit. North America is expected to have a healthy CAGR of 6.16% during the forecast
period.
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