The global food
colors market is foreseen to grow by 6.7%, from USD 5.78 Billion in 2021 to USD 9.71
Billion in 2029. The surge in demand for natural colors due to their organic
properties, increase in consumer demand for clean label color products, the Asia
Pacific region exhibit potential growth opportunities, an upsurge in marketing
activities and improvement in applications are some of the factors driving the
market for the estimated forecast period. However, the high extraction cost of
natural ingredients, an increase in side effects of artificial food colors is seen
to hamper the market growth for the estimated period.
Market Definition
What is Food colors Market?
Food colors are
a dye or pigment permitted for use in foods. They are used to enhance the
appearance of fresh and processed foods. Natural dyes have been used for
centuries to color food. Some of the most common ones are carotenoids,
chlorophyll, anthocyanin, and turmeric.
Market Overview
The
food colors market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the food colors market offers valuable perspicuity
and a current scenario for making the right decision. The research study covers
the eminent players in the market with a detailed analysis of the company and a
financial overview containing their net sales, business mix and geographical
reach It mainly focuses on the key developments of the products/services
offered by the company in recent years. Besides, we at Zettabyte have the
expertise to analyses the global food colors market player's competitive
landscape helping the client comprehend their specific strategic growth
approaches.
Food colors
Market study by "Zettabyte Analytics" offers details about the market
scope, market segmentation, technological advancement in the food colors market
and highlights the optimistic, competitive landscape and trends enduring over
the years.
Major players in
the food colors market include: ADM, Ajanta
Chemical Industries, Alliance Organics Llp., Archer Daniels Midland Company,
Aromatagroup Srl (Fiorio Colori Spa), CHR Hasen A/S, Chromatech Incorporated,
Ddw The Color House, Doehler Group SE, Exberry, Florio Colori, Givaudan
(Naturex S.A.), Horizon Specialities Ltd., International Flavors &
Fragrances Inc., Kalsec Inc., Kanegrade, Koninklijke Dsm N.V., Lycored,
Pharmogana Gmbh, Proquimac, Sensient Technologies Corporation, Sun Food Tech
Pvt. Ltd., Sunrise Green Food.
COVID-19 Impact on Global Food
colors Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the Food colors Market has
forced the companies to change their sourcing, pricing, and promotion
strategies. The food colors market players are seen focusing more on optimizing
the E-commerce networks with the rising innovations in the digital sector,
which are creating new business models for the food and beverage industry
player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics, and Food colors Market future
markets are analyzed to understand their impact on demand for the forecast
period. Growth rates have been estimated using correlation, regression, and
time-series analysis.
Market Segmentation
For the purpose
of this report, the global food colors market is segmented on the basis of type, form,
solubility, application, and region:
Type
|
Natural
|
Annatto
|
|
Anthocyanins
|
|
Caramel
|
|
Carmine
|
|
Carotenoids
|
|
Chlorophyll
|
|
Spirulina
|
|
Other Natural Colors (betalains, canthaxanthin,
anthraquinones, curcumin, turmeric, and gardenia)
|
Synthetic
|
Amaranth
|
|
Blue
|
|
Carmoisine
|
|
Green
|
|
Red
|
|
Yellow
|
|
Other Synthetic Colors (blended colors, black PN,
chocolate brown, and blue IV)
|
Nature identical
|
|
|
Form
|
Liquid
|
Powder
|
Gel
|
|
|
Solubility
|
Dyes
|
Animal
|
|
Microbial
|
|
Plant
|
|
Others
|
Lakes
|
|
|
Application
|
Food
|
Bakery & confectionery products
|
|
Dairy products
|
|
Meat, poultry, and seafood products
|
|
Oils & fats
|
|
Processed food products
|
|
Other food products (breakfast cereals, fruit
& vegetable extracts, soups, condiments & spices, dressings, and
sauces)
|
Beverages
|
Alcoholic drinks
|
|
Carbonated soft drinks
|
|
Functional drinks
|
|
Juice & juice concentrates
|
Type Outlook:
On the basis of
type, the market is segmented into natural, synthetic, nature identical. Further,
natural is segmented into annatto, anthocyanins, caramel, carmine, carotenoids,
chlorophyll, spirulina, other natural colors (betalains, canthaxanthin,
anthraquinones, curcumin, turmeric, and gardenia). Further, synthetic is
segmented into amaranth, blue, carmoisine, green, red, yellow, other synthetic
colors (blended colors, black PN, chocolate brown, and blue IV).
Figure 1 Food colors Market By Type (Market
Size And Forecast By Value USD Million, 2021 & 2029)

Form Outlook:
On the basis of
form, the market is segmented into liquid, powder, gel.
Figure 2 Form Outlook (Revenue, USD Million,
2021)