PUBLISHER: Value Market Research | PRODUCT CODE: 1542547
PUBLISHER: Value Market Research | PRODUCT CODE: 1542547
The global demand for Food Color Market is presumed to reach the market size of nearly USD 5.6 Billion by 2032 from USD 2.97 Billion in 2023 with a CAGR of 7.3% under the study period 2024 - 2032.
Any dye, pigment, or other material that gives food and beverages a colour is referred to as a food colour. Food colours come in various forms, including gels, powders, liquids, and pastes. They are used in different foods, including dairy products, processed fruits and vegetables, processed meats, bakery goods, confectionery goods, and beverages. Food colour does not always imply that the components are organic, but in some instances, it indicates that fewer substances are present. Physical and/or chemical processes are used to create these hues, leading to selective extraction of pigments relative to nutritive or aromatic constituents. Both natural and artificial colours are available in the food colouring market.
Increased demand for natural colours across a range of end-use sectors, including food & beverage, seafood, dairy products, meat & poultry, and bakery & confectionery, is fueling the worldwide food colours market. However, the pricing, method, use, and quality of natural products provide numerous difficulties for consumers. Natural substances must go through a laborious and drawn-out extraction process that reduces the yield of products with high purity while using up some of the natural compounds. In the upcoming years, this factor is projected to restrain the market's expansion for food colours. On the other side, there are no GMO (Genetically Modified Organisms) in natural colours and allergens. They act as antioxidants & colouring agents and protect the body against cellular damage, chronic diseases, and effects of ageing. Thus, a rise in awareness about the health benefits associated with natural colourants drives food colour market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of food color. The growth and trends of Food Color Industry provide a holistic approach to this study.
This section of the food color market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Food Color market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Food Color market include BASF, Cargill, CHR Hansen, Danisco, DD Williamson, DSM, GNT Group, Lycored Ltd, Naturex. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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