Food Colors Market Report, Size, Share, Analysis 2017 and Forecast to 2023

Wed Oct 11, 2017 - 11:30pm UTC

According to Stratistics MRC, the Global Food Colors market is expected to grow from $1.94 billion in 2016 to reach $3.76 billion by 2023 with a CAGR of 9.9%.

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Raising awareness regarding the harmful effects of synthetic colors, technological innovations, increasing incomes of individuals and demand for easy-to-cook meals, need for clean label products and enhancing product appeal through colorants are some of the factors driving the market growth. Factors such as health issues caused by synthetic colorants and strict regulations are restraining the market growth.

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By Type, the natural colors segment is the largest market share due to the rising health consciousness among the consumers that demands nature derived ingredients and additives in food are the major factor contributing to the growth of this segment in the market. Natural food colors are extensively used in food industry such as beverages, confectionary, bakery, meat products, dairy & frozen products, and caramel, carotenoids, anthocyanins, carmine, betalains, anthraquinones, cochineal extract, curcumin and turmeric are the natural colors used by these industries.

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Geographically, North America witnessed huge growth due to demand in consumer interest for better appearance of food products, demand for organic and clean label products, increasing government support , dominance of high growth in the R&D and growth in demand for food & beverage products manufactured with natural food colors. In addition the launch of new products with natural ingredients in the U.S is expected to boost the growth of the market in the future.

Some of the key players in the Food Colors market are Sensient Technology Corporation , Koninklijke DSM N.V, Archer Daniels Midland Company , FMC Corporation, Döhler Group, Chr. Hansen S/A, Fiorio Colori, Naturex S.A, D.D. Williamson & Co. Inc. (DDW), Kalsec Inc, BASF SE, Allied Biotech Corporation, Diana Naturals, Roha Dyechem Pvt. Ltd, Synthite Industries Ltd and San-Ei Gen F.F.I. Inc.

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Forms Covered:
• Liquid Gel
• Powder
• Liquid
• Gel Paste

Types covered:
• Nature-Identical Colors
• Synthetic Colors
• Natural Colors

Solubility’s covered:
• Lake
• Dye

Applications covered:
• Dairy food products
• Meat
• Beverage
• Packaged food/frozen food products
• Bakery and Confectionery
• Other Applications

Regions Covered:

North America
Rest of Europe
Asia Pacific
New Zealand
South Korea
Rest of Asia Pacific
South America
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
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Organization: Stratistics Market Research Consulting Pvt Ltd

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