Natural food colors Market Analysis, Size, Share, Growth, Trends
and Forecast To 2025
The global natural food colors market size was estimated at USD 1.94 billion in
2018, growing at a CAGR of 6.04% over the forecast period. Food colors are
dyes or pigments used to enhance the taste and colors to give a precise
appearance.
Natural food colors are used to enhance the aesthetic value of foods. The global natural
food colors market is growing with a CAGR of 6.04% over the forecast period primarily
driven by the increasing demand from the bakery & confectionery and the beverages
industry. Consumers are highly skeptical about artificial flavors. As consumers become
increasingly aware of the side effects of consuming synthetic raw materials, food and
beverage makers are concentrating on producing food and beverages with a clean label
to maintain the growing demand of consumers.
Natural Food Colors are extracted from natural sources like vegetables, plants, and
insects and also offers bioactive properties and thereby used therapeutic agents. The
sale of natural food colors have observed a sheer proliferation with the rising consumer
preference for natural ingredient-based food products over artificial variants. The
paradigm shift from synthetic to clean label and natural food ingredients are giving
global natural food color makers opportunities to grow.
Global Natural Food Colors Market Competitive Landscape
Companies such as Archer Daniels Midland Company, Kalsec Inc., Chr. Hansen Holding
A/S, Sensient Technologies Corporation, Naturex S.A., McCormick & Company, Lycored
Ltd, Dupont, Chr. Hansen Holding A/S and Australian Food Ingredient Suppliers (AFIS)
are the leading player of natural food color market globally.
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Liquid format is projected to be the leading segment of overall natural food
colors market over the forecast period.
Based on form of natural food color, the market is segmented into Liquid and Powder.
Liquid form of natural color market is the leading segment contributes more than 64%
market share in 2018and will generate a revenue of USD 1826.76 Million by 2025. Owing
to its huge demand from various industries like dairy products, cheese, ice cream, sugar
confectionery, beverages and in bakery products. Due to Its high concentrated color,
excellent quality-price ratio, and water soluble properties, liquid form of natural food
color are anticipating a huge demand from food & beverage industry. It is mainly
extracted from fruits, vegetables, seeds, roots and also from microorganisms. These are
also produced from natural coloured pigments such as water soluble anthocynanins,
betanins and fat soluble pigments carotenoids and chlorophylls.
Europe constituted the maximum share in the in the global natural food colors
market during the forecast period.
Europe dominates the overall food colors market followed by North America during the
forecast period. Europe accounts for the leading region with 31.06 % market share in
2018 and projected to reach USD 882.90 Million by 2025, owing to owing to increase
consumer preference towards functional foods and beverages coupled with rising
consumer awareness. Robust economic growth, increasing urbanization, explosion of the
middle class population is the noteworthy factors for the evolution of natural food color
ingredients in Europe region. Moreover, the growth is contributed by the increasing per
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