Food Colors Market

Food Colors - Global Market Outlook (2020-2028)

4.9 (100 reviews)
Published: April 2021 ID: SMRC20438
4.9 (100 reviews)
Published: April 2021 ID: SMRC20438

This report covers the impact of COVID-19 on this global market

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.

Types Covered:
• Natural Food Colors
• Synthetic
• Nature Identical

Applications Covered:
• Commercial
• Domestic   

Forms Covered:
• Emulsion/ Paste
• Gel
• Liquid
• Powder 

Sources Covered:
• Microorganism
• Mineral and Chemicals
• Plant and Animal

Solubility’s Covered:
• Dyes
• Lakes
• Water
• Oil

End Users Covered:
• Essence & Flavors
• Frozen Foods/ Frozen Desserts
• Pharmaceuticals

Distribution Channels Covered:
• Online
• Offline

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
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

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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

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