The global food color market size is estimated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing population and rising demand for food & beverage products.
Chemical substance that improves the appearance of food and gives artificial glossiness and color is referred to as food colors. Bright colors of baked goods, sports drinks, and candies are all due to the application of artificial food colors. Food colors are available in organic and artificial forms. Less organic ingredients added in food and beverage are mostly preferred.
The food colors market is divided as natural and artificial colors. Natural food colors are derived from a wide range of vegetables, fruits, plants, minerals, and other edible natural sources. These colors are obtained using physical and chemical methods, which result in a selective extraction of pigments present in nutritive and aromatic form. Artificial color contains chemical compound, which is used to enhance the food-flavoring properties. Artificial colors are expected to cause various allergic disorders and life-threatening illnesses, as it contain heavy metals such as arsenic and lead.
Food color includes dye, pigment, or chemical substance that imparts color when it is added to food and beverages and are available in different types such as liquids, powder, gels, and paste. Food colors are used to color meat products, beverages, dairy, bakery & confectionary, various brands of salad dressing, smoked salmon, pickles, and some medications.
The report on the global food color 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 |
Food Color Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Natural Colors, Synthetic Colors, and Nature-identical Colors) and Applications (Beverage, Bakery & Confectionery, Dairy, and Meat) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
ADM, International Flavors & Fragrances Inc., Sensient Technologies Corporation, DDW, Döhler Group, Lycored, and Kalsec Inc. |
Natural color segment is expected to expand at a rapid pace
On the basis of types, the market is segmented into natural colors, synthetic colors, and nature-identical colors. The natural color segment is expected to expand at a rapid pace during the forecast period, owing to the growing awareness in consumers about health benefits related to natural colors. The natural color segment is estimated to account for over 76% of the market share. Increasing preference for natural colors over artificial food colors is attributed to rising consumer awareness about health benefits of natural colors.
Meat segment is projected to account for a large market share
In terms of applications, the market is classified as beverage, bakery & confectionery, dairy, and meat. The meat segment is projected to account for a large market share, due to increasing consumption of meat products. Colors used in meat products to enhance appearance, texture, and taste are carmine, annatto, curcumin, and betanin. Color manufacturers are continuously developing innovative solutions to replace artificial colors in meat products, which is further expected to contribute towards the growth of the food colors market.
Europe is anticipated to dominate the market
Based on regions, the market is divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The UK, Germany, France, Italy, and Spain have the largest food industries that are anticipated to dominate the market in Europe during the forecast period. Denmark and Netherlands are significant markets for raw materials of natural food colors. High level of awareness about healthy foods and nutrition is projected to drive the market in Europe. This, in turn, is projected to drive the food color industry in the region.
Segments Covered in the Report
The global food color market has been segmented on the basis of
Types
Applications
Regions
Key Players
Key players competing in the food color market include ADM, International Flavors & Fragrances Inc., Sensient Technologies Corporation, DDW, Döhler Group, Lycored, and Kalsec Inc.
These players in the market are focusing on increasing their presence through agreements and collaborations. They have manufacturing facilities along with strong distribution networks spread across various regions.
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