The market for natural food colours is predicted to grow significantly between 2023 and 2033, with a CAGR of 7.4%. The market is currently valued at US$ 2 billion and is anticipated to grow to US$ 4.1 billion by the end of 2033. Natural food colors can be found in a variety of compositions and are readily spreadable in liquid form. It is anticipated that through 2033, demand for liquid natural food colours will increase more quickly, at a CAGR of 7.9%.
Natural food colors are made from the basic materials of fruits, vegetables, and naturally occurring extracts from those foods. Natural food colors are derived from a variety of natural sources depending on the necessity for color. Common sources of color raw materials include beets, carrots, oranges, grapes, spinach, nettles, and turmeric. Natural food colors provide very few health dangers because they are made from fruits, vegetables, and organic sources. The nutrients that the body need are abundant in fruits and vegetables, and during the extraction process, these nutrients are transferred together with the colour molecules in the mixture.
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Market Players: –
- Frutarom
- ColorKitchen
- Givaudan
- Sensient Technologies
- Kalsec Inc.
- Symrise AG
- Naturex
- McCormick & Company
The examiners have utilized various vast conspicuous business knowledge devices to unite realities, figures, and market information into income assessments and projections in the Market.
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Key Segments of Natural Food Color Industry Research
- By Product :
- Carotenoid
- Curcumin
- Anthocyanin
- Chlorophyll
- Carmine
- Others
- By Form :
- Liquid
- Powder
- Gel
- Emulsion
- By Application :
- Dairy Food Products
- Beverages
- Confectionary and Bakery Products
- Others
“Growing Public Awareness about Benefits of Natural Food Colors”
As consumers become more aware of the health benefits and immunity attributes of the food they consume, reliance on organic food colors is rising impressively. Numerous regulatory provisions enacted by the FDA on products created by adding additives- some certified, and others exempt from certification- are boding well for enhanced adoption of natural food colors.
Numerous adverse effects of synthetic colors ranging from severe allergic reactions to debilitating cancers are prompting a rapid shift towards naturally sourced additives. Severe government limitations on the production and trade of synthetic colors have encouraged food and beverage producers to switch to natural substitutes.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Competitive Landscape
Top natural food color producers are making significant R&D investments while expanding their distribution channels. Market expansion is anticipated to be boosted by ongoing innovation and technological advancements in the food processing ingredients sector.
Key natural food color providers are working to manufacture cutting-edge products with high reliability to boost market share and profits. The majority of major businesses are integrated along the whole value chain, from raw material production to the distribution of the finished product.
For instance :
- In Montpellier, France, Chr. Hansen Natural Colors founded an R&D facility to expand the capabilities of pigment, formulation, and application with the goal of introducing new natural color solutions, notably for green, blue, and brown hues.
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