ID: MRFR/F-B & N/7340-CR | March 2020 | Region: Global | 112 pages
Industrial Food Coloring - Introduction:
Food colors are color additives also called pigments and dyes that are added to beverages or foods to give color and give an attractive appearance to them. Food colors are also added to beverages and foods to preserve and enhance the appearance , safety, nutritional value, freshness, taste and texture of beverages and foods. The natural dyes segment is expected to have a significant market share in terms of value, due to the easy availability of vegetables and fruits. The global food color market expects a major growth rate during the forecast.
It is anticipated that the growing beverage and food industry globally, given the growth of domestic consumption, will be a major driver of the market during the forecast years. The growing need for online foods due to the growing awareness of consumers about products with traditional and exotic flavor is expected to further promote market growth in the coming years.
In recent years, the governments of Germany and Spain have successfully implemented and launched many campaigns introducing innovative health products to reduce diabetes, obesity, cholesterol and to promote healthier lifestyles. This trend is expected to play a key role in promoting natural food colors in consumables.
The market expects a low threat from new entrants due to the extensive portfolio offered and distribution network operated by existing entrants, resulting in a high entry barrier for new entrants. In addition, the high switching cost for buyers makes it difficult for new entrants to gain significant market share, thus reducing the threat of new entrants.
Concerns raised by consumers about the use of natural carmine extracted from scale insects encourage manufacturers to look for other alternatives. Where LycoRed produces its orange carotene color Lyc-O-Beta by fermenting the fungus Blacksiea trispora, Chr. Hansen is also trying to produce carmine by a similar process. The companies are also looking for alternatives due to the fluctuation of carmine prices.
Global Food Color Market: Drivers And Restrictions
Easy availability of raw materials such as edible plants, vegetables and fruits, along with the growing consumption demand for natural dyes, is causing the growth of the global food coloring market. In addition, the increase of food dye applications in the beverage and food industry is expected to increase consumption of food dyes. In addition, the increase in consumer demand for processed foods leads to increased consumption of food colors.
However, strict regulations and costly certifications on the use of food dyes and the side effects associated with synthetic dyes for health must limit the growth of the global food dye market.
It is estimated that natural food coloring is the largest product segment, accounting for more than 80% of total market revenue. Demand for this product is growing worldwide due to the growing awareness among consumers about the health benefits associated with natural foods.
The natural colorants market is expected to grow due to the increasing use of products by consumers in developing economies. In addition, the demand for synthetic colors, such as blue and green, must be driven primarily by its use in the beverage industry. However, the increasing replacement by natural colors can hinder the growth of the industry.
Market Segmentation And Coverage:
Cumulative Effect Of COVID-19:
COVID-19 is an incomparable global emergency public health that has affected almost all sectors, hence for the long-term effects designed to impact the growth of the sector during the forecast. Our ongoing research is expanding the research structure to ensure the inclusion of underlying problems in COVID-19 and possible future pathways. The report presents perceptions of COVID-19, taking into account changes in purchasing patterns, consumer behavior and demand, diversion of the supply chain, significant government interventions and dynamics of current market forces. The updated study provides forecasts, information, estimates and analysis taking into account the impact of COVID-19 on the market.
Global Food Color Market: A Regional Perspective
Based on geographies, the global food color market is segmented into five main regions, namely the Middle East and Africa, North America, Asia Pacific, Latin America and Europe . Europe is expected to keep its share of the global food coloring market in second place in terms of value. This is attributed to increased consumer awareness of natural products, along with regulatory support for food coloring in European countries. North America is expected to dominate all regions due to the growing demand for food colors in Canada and the United States. Due to the increase in consumption of processed foods in China and India, the Asia-Pacific market is expected to make a significant contribution to the global food color market. The Latin American regions are expected to contribute collectively to the global food coloring market. This is due to the increase in disposable income along with the change in lifestyle in South Africa, Brazil and in the GCC countries, which fuels the consumption of processed foods, resulting in an increase in the demand for food.
The Asia-Pacific region has a high adoption of products identical to nature, driven by superior properties of the product, such as uniform color and relatively lower cost than natural food colors. In addition, the high adoption of the product in the production of non-alcoholic and alcoholic beverages should drive the growth of the market.
Europe’s robust confectionery and bakery industry, along with growing consumer demand, expects a positive impact on market growth in the region during the forecast period. In addition, strict regulations on the use of artificial food colors will strengthen the market for natural food colors in Europe.
Food Color Businesses
Industry participants focus on development and research of new products to improve features such as pH stability and thermal. These companies compete mainly on the basis of product price and quality, as the pure form of each source comes from the same source. For example, a pure source of natural carmine is a coconut insect.
Growing concerns about the use of food colorants chemical and functional properties have prompted manufacturers to look for alternatives. For example, Nestlé has announced the rejection of synthetic colors in some of its products. It is expected that this performance by the manufacturers will have a greater impact on the consumption and the market of synthetic food colors is reduced.
Global Food Coloring Market Major Players:
Some of the major players available in the international food market are
The research report presents a comprehensive assessment of historical data, market data, the market, perceptions and facts with statistical validated and support by the sector. It also contains projections using an appropriate set of methodologies and assumptions. The research report provides information and analysis by categories, such as geographies, market segments, types,applications and technology.
The Report Provides Information On The Following Symptoms:
|Market Size||USD 1,805.6 Million (2025)|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Type, Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||BASF SE, Cargill Incorporated, Koninklijke DSM N.V., DDW The Color House, FMC Corporation, Hansen Holding A / S, Naturex, GNT Group, Likored, Sensitive Colors LLC San-Ei Gen F.F.I., Inc., Sethness Caramel Color, RIKEN VITAMIN CO., LTD., Wild Flavors and Special Ingredients|
|Key Market Opportunities||The Growth of Domestic Consumption|
|Key Market Drivers||The High Adoption of The Product in The Production of Non-Alcoholic|