Argentina Food Colorants Market

Argentina Food Colorants Market

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Anuradha

Author:

Anuradha B. More

Vaibhav

Fact-checked by:

Vaibhav Chandola

Aman

Editor:

Aman Singh

The Argentina food colorants market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising consumer demand for natural colorants.

Food colorants are coloring additives, also known as 
dye or pigments, which are added to food or beverages to impart color and provide an attractive appearance to the food and beverages. Food colorants are added in the food and beverages to maintain and improve safety, freshness, nutritional value, taste, texture and appearance of foods and beverages. The COVID-19 crisis had a significant influence on the Argentina food colorants market. The sales of the food colorants market declined in the first and second quarters of 2020 The Argentina food colorants market is projected to recover by end of 2021.

Argentina Food Colorants Market Outlook

Market Trends, Drivers, Restraints, and Opportunities

  • Easy availability of raw materials include fruits & vegetables and edible plants is driving the growth of global food colorants market.
  • Increasing utilizations of food colorants in the food and beverage industry is expected to boost the consumption of food colorants.
  • Increasing consumer demand for processed foods is anticipated to boost the market growth.
  • Stringent regulations regarding use of food colorants is estimated to hinder the market growth.
  • Side effects associated with synthetic colors can hamper the growth of food colorants market. 
  • Increasing adoption of natural food colorants with increasing health awareness among population is expected to create lucrative opportunities for the Argentina food colorants market during forecast period.

Scope of Food Colorants Market Report

The report on the Argentina food colorants market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Argentina Food Colorants Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Natural Colors and Synthetic Colors) and Applications (Beverages, Dairy & Frozen Products, Bakery, Meat, Poultry, & Seafood, Confectionery, Oils & Fats, and Others)

Country

Argentina

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Chr Hansen holdings; Sensient Technologies Corporation; D.D. Williamson & Co.; and Koninklijke DSM N.V.

Argentina Food Colorants Market Segment Insights

Natural color segment is expected to grow at a rapid pace

Based on products, the market is divided into natural colors and synthetic colors. The natural colors segment is expected to grow at a rapid pace during the forecast period due to growing health concerns among the consumers. Additionally, in the food and beverage industry, natural food colorants such as Allura red, carnosine, and quinoline yellow are more frequently used in the country.

Natural food coloring are more  preferred the food and beverage market with a growing range of commercially available natural food colors and dyes. One of the primary approaches implemented by organizations to fulfil the increasing customer demand is innovation in natural food colors to minimize the application issues experienced by the food industry.

Beverages segment is projected to expand at a considerable CAGR

On the basis of applications, the market is segregated into beverages, dairy & frozen products, bakery, meat, poultry, & seafood, confectionery, oils & fats, and others. The beverages segment is projected to expand at a considerable CAGR during the forecast period owing to growing consumer preference for innovative flavors.

On the other hand, the dairy & frozen products segment is anticipated to account for a major market share during the forecast period owing to increasing consumer awareness for healthy lifestyle. Moreover, rising disposable income of consumers and increasing spending on dairy & frozen products are major factors expected to boost the segment growth.

Argentina Food Colorants Market Application

Segments

The Argentina food colorants market has been segmented on the basis of

Products

  • Natural Colors
  • Synthetic Colors

 Applications

  • Beverages
  • Dairy & Frozen Products
  • Bakery
  • Meat, Poultry, & Seafood
  • Confectionery
  • Oils & Fats
  • Others

Country

  • Argentina

Key Players

Competitive Landscape

The Argentina Food Colorants Market is fragmented in nature.  Key players competing in the Argentina food colorants market are Chr Hansen holdings; Sensient Technologies Corporation; D.D. Williamson & Co.; and Koninklijke DSM N.V. These organizations are adopting a variety of market methods to obtain market share, including creative product creation, partnerships, mergers & acquisitions, and expansion of existing facilities.

Argentina Food Colorants Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Colorants Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Colorants Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Colorants Market - Supply Chain
  4.5. Global Food Colorants Market Forecast
     4.5.1. Food Colorants Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Colorants Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Food Colorants Market Absolute $ Opportunity
5. Global Food Colorants Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Food Colorants Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Food Colorants Demand Share Forecast, 2019-2026
6. North America Food Colorants Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Food Colorants Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Food Colorants Demand Share Forecast, 2019-2026
7. Latin America Food Colorants Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Food Colorants Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Food Colorants Demand Share Forecast, 2019-2026
8. Europe Food Colorants Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Food Colorants Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Food Colorants Demand Share Forecast, 2019-2026
9. Asia Pacific Food Colorants Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Food Colorants Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Food Colorants Demand Share Forecast, 2019-2026
10. Middle East & Africa Food Colorants Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Food Colorants Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Food Colorants Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Food Colorants Market: Market Share Analysis
  11.2. Food Colorants Distributors and Customers
  11.3. Food Colorants Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

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