Global Food Color Market, by Type (Natural Color, Artificial Color), Source (Fruits & Vegetables, Seeds, Insects, Algae, Others), Application (Food Products, Beverages), Region – Growth, COVID-19 Impact, Trends, and Forecasting till 2028

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Global food color market size is estimated at 6.0 USD billion by 2028 and is anticipated to grow at a CAGR of 5.5 % during the projected time frame (2021-2028).
  • Market Overview

    Global food color market size is estimated at 6.0 USD billion by 2028 and is anticipated to grow at a CAGR of 5.5 % during the projected time frame (2021-2028). Food color is a dye or pigment that are used to add color to food and beverage. Food colors can be in the form of liquid, gels, powder, and pastes. They can be made from natural or chemical additives which make them appealing, fresh, taste of choice for customers. Natural food colors are obtained from natural sources such as plants and artificial colors are obtained using synthetic formulas such as complex hydrocarbons, sulfur ions, and nitrogen. Major factors driving the global food color market include growing consumer demand for natural food color and increasing preferences for food that influence the appetite and food choice.

    Increasing customer awareness about health benefits and clean-label products of natural food color is also expected to contribute to market growth during the forecast period. Increasing investments from bakery and confectionery industries owing to consumer demand is expected to accelerate the market growth during the forecast period. Rapid urbanization, growing disposable income, and changing consumer lifestyles are expected to have a positive impact on market.

    Stringent regulations for using food colors in food and beverage in various countries can restrain the market growth. The market is expected to witness a shift in preference towards natural food colors as a substitute to artificial or synthetic colors owing to health hazards associated to them. However, customers face various challenges in terms of cost, quality, process, and application of natural products. The extraction of natural products is complex and time consuming, which can also deplete the purity of natural products. This factor can hinder the food color market. Increasing investments from various end use industries for product innovation can create growth opportunities for food color market during the forecast period.

    The COVID-19 pandemic has raised global concerns related to the food and beverage industry and its functioning. The demand for naturally derived products has increased significantly during the pandemic. Vegan population has also observed a significant rise during the past few years. It is estimated to grow further as more customers shift towards plant derived products. Thus, the COVID-19 pandemic and the resulting demand for plant-based products is expected to drive the demand for natural food colors, contributing to market growth.

    TABLE 1:GLOBAL MARKETSCOPE

    Parameters Covered
    Report Title Global Food Color Market Report
    Market Size and Forecasting 2018–2028
    Base Year 2020
    Estimated Year 2021
    Forecast Period 2021–2028
    Market Sizing Units Value in USD Billion
    Market Segmentation Covered Type, Source, Application, and Region
    Regions North America, Europe, Asia Pacific, Middle East and Africa and South America
    Major Key Players International Flavors & Fragrances Inc.,Sensient Technologies,Naturex, Kalsec Inc.,Florio Colori, Döhler Group.
    Number of Pages of Report 170
    Customization Available Yes, Customization Is Available As Per The Requirements

    Market Segmentation of Food Color Market

    Type Analysis of Food Color Market

    By type, the food color market is classified into natural color and artificial color. The natural color segment is expected to dominate the market during the forecast period. The segment growth can be attributed to increasing consumer awareness about health benefits of natural food products. Natural colors have certain amounts of minerals and vitamins such as antioxidants, and anti-inflammatory and anti-cancer properties which can cure various health disorders. This is also expected to contribute to market growth during the forecast period.

    Applications of Food Color Market

    By application, the food color market is divided into food products and beverages. The food products segment is expected to hold the largest market share during the forecast period. The segment growth is expected to be driven by increasing demand for various end use industries such as bakery and confectionery, dairy products, meat and poultry, seafood, and oils and fats. These end use industries use food color in their products which make them appealing for the customers.

    Applications of Food Color Market

    Regional Analysis of Food Color Market

    By region, the food color market is segmented into North America, Europe, Asia Pacific, Middle East &Africa and South America. Asia Pacific food color market is expected to observe highest CAGR during the forecast period. The regional market growth can be due to increasing demand for food color from countries such as India and China. Asia Pacific is the largest supplier of food colors across the world.

    Regional Analysis of Food Color Market

    Asia Pacific’s food and beverage industry is witnessing significant growth due to rapid urbanization, increasing disposable income, changing lifestyles, and increasing customer awareness about health benefits. This is expected to augment the food color market growth during the forecast period.

    Key Companies listed

    The major companies listed in the food color market are International Flavors & Fragrances Inc., Sensient Technologies, Naturex, Kalsec Inc.,Florio Colori, and Döhler Group.

    These companies are spread over North America, Europe, South America, and Asia Pacific markets, which empowers it to take into account clients over the globe. The company’s leading position in the Food Color Market is endorsed by its wide product portfolio.

    Key Development

    • In July 2021, GNT group launched two Exberrycoloring foods derived from spirulina and turmeric that deliver orange shades of color. This launch can cater the global demand for cost-effective colors that comply clean label declarations.
    • In June 2021, Oterra announced acquisition of Symrise AG’s natural food coloring activities to strengthen its food coloring segment.
    • In April 2021, International researcher at University of California discovered a natural cyan blue color in collaboration with chemist team. The natural blue color was derived from red cabbage which can be a substitute to artificial blue color.

    Market Segmentation

    By Type

    • Natural Color
    • Artificial Color

    By Source

    • Fruits & Vegetables
    • Seeds
    • Insects
    • Algae
    • Others

    By Application

    • Food Products
    • Beverages

    By Region

    • North America Food Color Market
    • Europe Food Color Market
    • Asia Pacific Food Color Market
    • Middle East & Africa Food Color Market
    • South America Food Color Market
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  • Chapter 1. Executive Summary

    Chapter 2. Market Introduction

    Chapter 3. Global Food Color Market – Analysis and Revenue Forecast 2021-2028 – Key Industry Dynamics
    3.1. Key Market Drivers
    3.2. Key Market Restraints
    3.3. Market Opportunities
    3.4. Future Trends
    3.5. Impact Analysis of Drivers and Restraints
    3.6. COVID-19 Impact Analysis
    3.7. Major Developments in the Market

    Chapter 4. Global Food Color Market – Analysis and Revenue Forecast 2021-2028

    Chapter 5. Global Food Color Market – Analysis and Revenue Forecast 2021-2028 – By Type
    5.1. Type 1
    5.2. Type 2
    5.3. Type 3

    Chapter 6. Global Food Color Market – Analysis and Revenue Forecast 2021-2028 – By End User
    6.1. End User 1
    6.2. End User 2
    6.3. End User 3

    Chapter 7. Global Food Color Market – Analysis and Revenue Forecast 2021-2028 – By Region
    7.1. North America
    7.2. Europe
    7.3. Asia Pacific
    7.4. Middle East & Africa
    7.5. South America

    Chapter 8. North America Market – Analysis and Revenue Forecast 2021-2028
    8.1. Food Color Market – By Type
    8.1.1. Type 1
    8.1.2. Type 2
    8.1.3. Type 3

    8.2. North America Food Color Market – By End User
    8.2.1. End User 1
    8.2.2. End User 2
    8.2.3. End User 3
    8.3. North America Food Color Market – By Country
    8.3.1. U.S.
    8.3.2. Canada

    Chapter 9. Europe Food Color Market – Analysis and Revenue Forecast 2021-2028
    9.1. Europe Food Color Market – By Type
    9.1.1. Type 1
    9.1.2. Type 2
    9.1.3. Type 3
    9.2. Europe Food Color Market –By End User
    9.2.1. End USER 1
    9.2.2. END USER 2
    9.2.3. END USER 3
    9.3. Europe Food Color Market – By Country
    9.3.1. Germany
    9.3.2. France
    9.3.3. UK
    9.3.4. Spain
    9.3.5. Italy
    9.3.6. Rest of Europe

    Chapter 10. Asia Pacific Food Color Market – Analysis and Revenue Forecast 2021-2028
    10.1. Asia Pacific Food Color Market – By Type
    10.1.1. Type 1
    10.1.2. Type 2
    10.1.3. Type 3
    10.2. Asia Pacific DNA Based Cancer Detection Market – By End User
    10.2.1. End USER 1
    10.2.2. END USER 2
    10.2.3. END USER 3
    10.3. Asia Pacific Food Color Market – By Country
    10.3.1. China
    10.3.2. India
    10.3.3. Japan
    10.3.4. South Korea
    10.3.5. Rest of Asia Pacific

    Chapter 11. South America Food Color Market – Analysis and Revenue Forecast 2021-2028
    11.1. South America Food Color Market – By Type
    11.1.1. Type 1
    11.1.2. Type 2
    11.1.3. Type 3
    11.2. South America Food Color Market – By End User
    11.2.1. End User 1
    11.2.2. End User 2
    11.2.3. End User 3
    11.3. South America Food Color Market – By Country
    11.3.1. Brazil
    11.3.2. Mexico
    11.3.3. Rest of South America

    Chapter 12. Middle East & Africa Food Color Market – Analysis and Revenue Forecast 2021-2028
    12.1. Middle East & Africa Food Color Market – By Type
    12.1.1. Type 1
    12.1.2. Type 2
    12.1.3. Type 3
    12.2. Middle East & Africa Food Color Market – By End User
    12.2.1. End User 1
    12.2.2. End User 2
    12.2.3. End User 3
    12.3. Middle East & Africa Food Color Market – By Country
    12.3.1. UAE
    12.3.2. Saudi Arabia
    12.3.3. Turkey
    12.3.4. Rest of Middle East & Africa

    Chapter 13. Competitive Analysis
    13.1.1. Competition Dashboard
    13.1.2. Company Profiles
    13.1.2.1. Company 1
    13.1.2.2. Company 2
    13.1.2.3. Company 3
    13.1.2.4. Company 4
    13.1.2.5. Company 5
    13.1.2.6. Company 6
    13.1.2.7. Company 7
    13.1.2.8. Company 8
    13.1.2.9. Company 9
    13.1.2.10. Company 10

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    • International Flavors & Fragrances Inc.
    • Sensient Technologies
    • Naturex
    • Kalsec Inc.
    • Florio Colori
    • Döhler Group
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    Report Highlights:

    • Complete overview of market
    • Major drivers, restrain, opportunities, and challenges of the market
    • Market Trends and how they are boosting the market growth
    • Changing dynamics in the Market
    • Complete overview of the market
    • Historical, Base year, projected, and current market size in terms of value and volume
    • COVID-19 Impact analysis of the market
    • Current industry trends and developments

    CLIENTS

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