Food Colors Market

Food Colors Market by Types (Natural Colors, Synthetic Colors, and Nature-identical Colors), Applications (Beverage, Bakery & Confectionery, Dairy, and Meat), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-728
  • Author: Growth Market Reports
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  • No. Of Pages: 186
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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.
 

Food Colors Market Key Takeaaways


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.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing demand for food colors in various industries such as beverages, bakery & confectionary, and dairy products is projected to boost the market.
  • Increasing demand for low-fat food is expected to spur the market during the forecast period.
  • Rising acquisitions of processed food as well as alcoholic & non-alcoholic beverages by consumers are estimated to drive the market in the coming years.
  • Rising disposable incomes and changing lifestyles due to rapid urbanization are estimated to propel the market during the forecast period.
  • The Food and Drug Administration (FDA) found that synthetic colors (Blue 1, Blue 2, Green 3, Red 40, Yellow 5, and Yellow 6) show signs of causing cancer in lab animals, which is projected to hinder the market expansion.
  • Caffeine is widely used as a colorant in soft drinks that may cause heart palpitations and heart defects, which is anticipated to restrict the market growth during the forecast period.
  • R&D investment, technological advancement, and setting of new government regulations for high-quality products are expected to create significant opportunities for the market players.

 

Scope of the Report

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.

 

Market Segment Insights

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.
 

Food Colors Market By Types


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.
 

Food Colors Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Colors 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 Colors Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Colors Market - Supply Chain
  4.5. Global Food Colors Market Forecast
     4.5.1. Food Colors Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Colors Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Food Colors Market Absolute $ Opportunity
5. Global Food Colors Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Food Colors Market Size and Volume Forecast by Types
     5.3.1. Natural Colors
     5.3.2. Synthetic Colors
     5.3.3. Nature-identical Colors
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Colors Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Food Colors Market Size and Volume Forecast by Applications
     6.3.1. Beverage
     6.3.2. Bakery & Confectionery
     6.3.3. Dairy
     6.3.4. Meat
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Food Colors Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Food Colors Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Food Colors Demand Share Forecast, 2019-2026
8. North America Food Colors 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
  8.2. North America Food Colors Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Food Colors Market Size and Volume Forecast by Types
     8.4.1. Natural Colors
     8.4.2. Synthetic Colors
     8.4.3. Nature-identical Colors
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Food Colors Market Size and Volume Forecast by Applications
     8.7.1. Beverage
     8.7.2. Bakery & Confectionery
     8.7.3. Dairy
     8.7.4. Meat
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Food Colors Demand Share Forecast, 2019-2026
9. Latin America Food Colors 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. Latin America Average Pricing Analysis
  9.2. Latin America Food Colors Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Food Colors Market Size and Volume Forecast by Types
     9.4.1. Natural Colors
     9.4.2. Synthetic Colors
     9.4.3. Nature-identical Colors
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Food Colors Market Size and Volume Forecast by Applications
     9.7.1. Beverage
     9.7.2. Bakery & Confectionery
     9.7.3. Dairy
     9.7.4. Meat
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Food Colors Demand Share Forecast, 2019-2026
10. Europe Food Colors 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. Europe Average Pricing Analysis
  10.2. Europe Food Colors Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Food Colors Market Size and Volume Forecast by Types
     10.4.1. Natural Colors
     10.4.2. Synthetic Colors
     10.4.3. Nature-identical Colors
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Food Colors Market Size and Volume Forecast by Applications
     10.7.1. Beverage
     10.7.2. Bakery & Confectionery
     10.7.3. Dairy
     10.7.4. Meat
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Food Colors Demand Share Forecast, 2019-2026
11. Asia Pacific Food Colors Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Food Colors Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Food Colors Market Size and Volume Forecast by Types
     11.4.1. Natural Colors
     11.4.2. Synthetic Colors
     11.4.3. Nature-identical Colors
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Food Colors Market Size and Volume Forecast by Applications
     11.7.1. Beverage
     11.7.2. Bakery & Confectionery
     11.7.3. Dairy
     11.7.4. Meat
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Food Colors Demand Share Forecast, 2019-2026
12. Middle East & Africa Food Colors Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Food Colors Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Food Colors Market Size and Volume Forecast by Types
     12.4.1. Natural Colors
     12.4.2. Synthetic Colors
     12.4.3. Nature-identical Colors
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Food Colors Market Size and Volume Forecast by Applications
     12.7.1. Beverage
     12.7.2. Bakery & Confectionery
     12.7.3. Dairy
     12.7.4. Meat
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Food Colors Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Food Colors Market: Market Share Analysis
  13.2. Food Colors Distributors and Customers
  13.3. Food Colors Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. ADM
     13.4.2. International Flavors & Fragrances Inc.
     13.4.3. Sensient Technologies Corporation
     13.4.4. DDW
     13.4.5. Döhler Group
     13.4.6.

Segments Covered in the Report
The global food color market has been segmented on the basis of

Types

  • Natural Colors
  • Synthetic Colors
  • Nature-identical Colors

Applications

  • Beverage
  • Bakery & Confectionery
  • Dairy
  • Meat

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • ADM
  • International Flavors & Fragrances Inc.
  • Sensient Technologies Corporation
  • DDW
  • Döhler Group
  • Lycored
  • Kalsec Inc.

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.
 

Food Colors Market By Key Players

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