Food Colors - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Food Colors Market is accounted for $4.10 billion in 2020 and is expected to reach $6.89 billion by 2028 growing at a CAGR of 6.7% during the forecast period. Increasing consumer demand for natural food products and technological advancements in the extraction process of food colors are the major factors driving the market growth. However, a stringent regulation associated with the use of colors in food applications is hampering the growth of the market.
Food colors or color additive are dyes, pigments or substance that gives color when it is added to food or drink. They are added to food and drinks to produce a specific appearance. The expanding number of hotels, cafes and restaurants are also leading to increasing demand for food colors. The market is assured to undergo a healthy growth with rising globalization and inclination of consumers towards fancy food products.
Based on the form, the liquid segment is going to have lucrative growth during the forecast period as they help to improve the viscosity, texture, product stability, pleasant taste, mouthfeel, shelf life and better visual aspect of the food product as compared to other formed food colors. Furthermore, as compared to gel, liquid formed food colors contain higher water content, thus, they are highly used in the preparation of hard candy and lollipops, frostings, cakes, cookies, ice cream, and syrup.
By geography, Europe is going to have high growth during the forecast period owing to rise in consumption and production of food colors in the region as well as increased awareness of safe food color products among the consumers.
Some of the key players profiled in the Food Colors Market include Archer Daniels Midland Company, AromatagroupSrl (FiorioColori Spa), ChrHasen A/S, D.D. Williamson & Co. Inc. (Ddw), Ddw The Color House, Doehler Group, Dupont, Fmc Corporation, Givaudan (Naturex S.A.), International Flavors& Fragrances Inc, KalsecInc, KoninklijkeDsm N.V, and Sensient Technologies Corporation.
• Natural Food Colors
• Nature Identical
• Emulsion/ Paste
• Mineral and Chemicals
• Plant and Animal
End Users Covered:
• Essence & Flavors
• Frozen Foods/ Frozen Desserts
Distribution Channels Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- 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
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.