The market for natural food colors is anticipated to grow and reach a value of USD 2.76 billion by 2027. The rise in demand for these products is due to growing concerns about the potential health hazards of synthetic and natural-identical colors. As these colors continue to gain popularity in various industries such as beverages, bakery, and confectionaries, the market is expected to expand. Additionally, the industry is likely to benefit from stringent regulations on synthetic colors, which are leading to a surge in their replacement with natural alternatives.
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Top Companies Operating in the Global Natural Food Colorants Market Report:
Koninklijke DSM N.V., CHR Hansen Holding A/S, Döhler Group, Sensient Technologies Corporation, D.D. Williamson & Co., Archer Daniels Midland Company, Inc., Kalsec Inc., Naturex S.A., Aromata Group S.r.l, and FMC Corporation.
Major Driving Factors for Natural Food Colorants Market:
The Natural Food Colorants Market is primarily driven by increasing consumer awareness and demand for clean label and natural ingredients in food and beverage products. The rise in health concerns related to synthetic colors and their potential side effects has led consumers to opt for natural alternatives. Furthermore, the growth of the food and beverage industry and the demand for visually appealing and colorful products are also driving the market. The trend towards natural and organic food products, particularly among millennials, is another factor contributing to the growth of the Natural Food Colorants Market. Additionally, the implementation of stringent regulations on synthetic colors by regulatory bodies has led to an increased demand for natural colors as a safer alternative.
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The global Natural Food Colorants Market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Carotenoids
- Curcumin
- Anthocyanin
- Carmine
- Copper Chlorophyllin
- Others
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Bakery & Confectionery
- Beverages
- Dairy & Frozen Products
- Meat Products
- Oil & Fat
- Fruits & vegetables
- Food
- Others
Key Questions Addressed in the Report:
· What are the dominating factors that are influencing the growth of the industry?
· In the forecast period, which market segment is expected to rise the most?
· What are the risks and challenges that the industry is facing?
· In the coming years, which area is projected to dominate the market?
· Who are the major players in the market? What kind of strategic business plans have they made?
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