Food Colorants Market Research Report - Global Forecast till 2027

Global Food Colorants Market: Information by Type (Natural and Synthetic), Application (Bakery & Confectionery, Dairy & Frozen Desserts, Beverages, Sweet & Savory Snacks, Meat, Poultry & Seafood Products and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/7340-CR | March, 2020 | Region : Global

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.


Industrial Understandings


The size of the global food colorants market has witnessed continued growth over the last few years and is projected to grow by USD 1,805.6 million from 2018 to 2025 at a CAGR of 5.4%.Global population growth is expected to result in increased demand for beverages and food, which is likely to increase demand for the product 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.


Product Information


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:


 



  • This research report classifies Food Color to predict analyze trends and recipes in each of the following submarkets: 

  • Based on solubility, the Food Color Market has studied in oil based colorants food safety. 

  • Based on the shape, the food coloring market studied liquid, gel, powder and paste .

  • Based on the type, the food color market studied synthetic and natural colors identical to nature.

  • Based on the application, the Food Color Market studied foods and beverages. The drinks was later studied in juices concentrates, alcoholic beverages, functional drinks and carbonated soft drinks. Foods has been studied in confectionery and bakery products, meats, dairy products, oils and fats poultry and seafood, and processed foods.



Applications



  • Non-alcoholic beverages and carbonated soft drinks are expected to witness the highest growth rate of 6.4% over the forecast period due to the increase in economic development and disposable income. In addition, it is expected that the increased demand for ready-to-drink beverages will translate into greater demand for the product, leading to the growth of the industry.

  • Non-dairy food applications accounted for the largest segment due to the increasing use of products in baked goods, salad dressings, chocolates and desserts. The increasing use of food varieties in the meat industry to enhance the beauty of the market anticipates market growth.


 


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.


Regional Understandings


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



  • 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


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 differences: provides detailed information on revenue, new initiatives, recent developments and unchecked sites.

  • Market penetration: provides comprehensive market information on commercial colorants for food in Texas.

  • Competitive intelligence and assessment: provides a comprehensive assessment of the manufacturing resources, market participants, products and strategies of the main players

  • Market development: provides detailed information on lucrative emerging markets and analyzes markets.

  • Product innovation and development : provides intelligent information on new product development, future technologies and R&D activities.


 


The report answers questions such as:


  • What are the strategic ways and movements considered appropriate to enter the food color market in the United States?

  • What is the market forecast and size for the food dyes market in the United States?

  • What are the regulatory frameworks and technology trends in the U.S. food color market?

  • What are the inhibitory factors and the effect of COVID-19 on the formation of the U.S. food color market during the forecast?

  • What is the competitive strategic window for opportunities in the U.S. food color market?

  • What are the products:segments and applications areas in which to invest during the forecast in the food color market in the United States?

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 14

1.1.1 GLOBAL FOOD COLORANTS MARKET, BY TYPE 15

1.1.2 GLOBAL FOOD COLORANTS MARKET, BY APPLICATION 16

1.1.3 GLOBAL FOOD COLORANTS MARKET, BY REGION 17

2 MARKET INTRODUCTION

2.1 DEFINITION 18

2.2 SCOPE OF THE STUDY 18

2.3 RESEARCH OBJECTIVE 18

2.4 MARKET STRUCTURE 19

2.5 KEY BUYING CRITERIA 19

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 20

3.2 PRIMARY RESEARCH 21

3.3 SECONDARY RESEARCH 22

3.4 MARKET SIZE ESTIMATION 22

3.5 FORECAST MODEL 24

3.6 LIST OF ASSUMPTIONS 25

4 MARKET DYNAMICS

4.1 INTRODUCTION 26

4.2 DRIVERS 27

4.2.1 RISING DEMAND FOR NATURAL FOOD COLORS 27

4.2.2 GROWTH OF APPLICATION INDUSTRIES 27

4.2.3 DRIVERS IMPACT ANALYSIS 27

4.3 RESTRAINT 28

4.3.1 STRINGENT GOVERNMENT REGULATIONS 28

4.3.2 RESTRAINTS IMPACT ANALYSIS 29

4.4 OPPORTUNITIES 29

4.4.1 FOCUS ON R&D 29

4.5 CHALLENGES 30

4.5.1 NEGATIVE CONSUMER PERCEPTION OF SYNTHETIC COLORS 30

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS 31

5.1.1 RAW MATERIAL PROCUREMENT 32

5.1.2 PROCESSING 32

5.1.3 PACKAGING 32

5.2 SUPPLY CHAIN ANALYSIS 32

5.3 PORTER’S FIVE FORCES MODEL 33

5.3.1 THREAT OF NEW ENTRANTS 34

5.3.2 BARGAINING POWER OF SUPPLIERS 34

5.3.3 BARGAINING POWER OF BUYERS 34

5.3.4 THREAT OF SUBSTITUTES 34

5.3.5 INTENSITY OF RIVALRY 34

6 FOOD COLORANTS MARKET, BY TYPE

6.1 OVERVIEW 35

6.1.1 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2027 36

6.2 NATURAL 36

6.2.1 NATURAL: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 36

6.3 SYNTHETIC 37

6.3.1 SYNTHETIC: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 37

7 FOOD COLORANTS MARKET, BY APPLICATION

7.1 OVERVIEW 38

7.1.1 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2027 39

7.2 BAKERY & CONFECTIONERY 40

7.2.1 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 40

7.3 DAIRY & FROZEN DESSERTS 41

7.3.1 DAIRY & FROZEN DESSERTS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 41

7.4 BEVERAGES 42

7.4.1 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 42

7.5 SWEET & SAVORY SNACKS 43

7.5.1 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 43

7.6 MEAT, POULTRY & SEAFOOD PRODUCTS 44

7.6.1 MEAT, POULTRY & SEAFOOD PRODUCTS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 44

7.7 OTHERS 45

7.7.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 45

8 GLOBAL FOOD COLORANTS MARKET, BY REGION

8.1 OVERVIEW 46

8.2 NORTH AMERICA 48

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.2.1 US 50

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.2.2 CANADA 51

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.2.3 MEXICO 52

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.3 EUROPE 53

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.3.1 GERMANY 55

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.3.2 UK 56

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.3.3 FRANCE 57

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.3.4 SPAIN 58

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.3.5 ITALY 59

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.3.6 REST OF EUROPE 60

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.4 ASIA-PACIFIC 61

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.4.1 CHINA 63

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.4.2 JAPAN 64

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.4.3 INDIA 65

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.4.4 AUSTRALIA & NEW ZEALAND 66

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.4.5 REST OF ASIA-PACIFIC 67

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.5 REST OF THE WORLD 68

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.5.1 SOUTH AMERICA 70

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.5.2 MIDDLE EAST 71

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

8.5.3 AFRICA 72

FOOD COLORANTS MARKET, BY TYPE

FOOD COLORANTS MARKET, BY APPLICATION

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION 73

9.1.1 MARKET STRATEGY ANALYSIS 73

9.2 KEY DEVELOPMENTS & GROWTH STRATEGIES 73

9.2.1 PRODUCT LAUNCHES 73

9.2.2 MERGERS & ACQUISITIONS 74

9.2.3 EXPANSIONS 74

9.2.4 AGREEMENTS 74

10 COMPANY PROFILES

10.1 CHR. HANSEN HOLDING A/S 75

10.1.1 COMPANY OVERVIEW 75

10.1.2 FINANCIAL OVERVIEW 75

10.1.3 PRODUCTS OFFERED 76

10.1.4 KEY DEVELOPMENTS 78

10.1.5 SWOT ANALYSIS 79

10.1.6 KEY STRATEGIES 79

10.2 ARCHER DANIELS MIDLAND COMPANY 80

10.2.1 COMPANY OVERVIEW 80

10.2.2 FINANCIAL OVERVIEW 80

10.2.3 PRODUCTS OFFERED 81

10.2.4 KEY DEVELOPMENTS 81

10.2.5 SWOT ANALYSIS 82

10.2.6 KEY STRATEGIES 82

10.3 SENSIENT TECHNOLOGIES CORPORATION 83

10.3.1 COMPANY OVERVIEW 83

10.3.2 FINANCIAL OVERVIEW 84

10.3.3 PRODUCTS OFFERED 85

10.3.4 KEY DEVELOPMENTS 85

10.3.5 SWOT ANALYSIS 86

10.3.6 KEY STRATEGIES 86

10.4 DDW THE COLOR HOUSE 87

10.4.1 COMPANY OVERVIEW 87

10.4.2 FINANCIAL OVERVIEW 87

10.4.3 PRODUCTS OFFERED 87

10.4.4 KEY DEVELOPMENTS 88

10.4.5 SWOT ANALYSIS 89

10.4.6 KEY STRATEGIES 89

10.5 DÖHLER GROUP 90

10.5.1 COMPANY OVERVIEW 90

10.5.2 FINANCIAL OVERVIEW 90

10.5.3 PRODUCTS OFFERED 90

10.5.4 DÖHLER GROUP: KEY DEVELOPMENTS 90

10.5.5 SWOT ANALYSIS 91

10.5.6 KEY STRATEGIES 91 

10.6 KALSEC INC. 92

10.6.1 COMPANY OVERVIEW 92

10.6.2 FINANCIAL OVERVIEW 92

10.6.3 PRODUCTS OFFERED 92

10.6.4 KEY DEVELOPMENTS 93

10.6.5 SWOT ANALYSIS 93

10.6.6 KEY STRATEGIES 93

10.7 FRUTAROM INDUSTRIES LTD 94

10.7.1 COMPANY OVERVIEW 94

10.7.2 FINANCIAL OVERVIEW 94

10.7.3 PRODUCTS OFFERED 94

10.7.4 KEY DEVELOPMENTS 94

10.7.5 SWOT ANALYSIS 95

10.7.6 KEY STRATEGIES 95

10.8 DSM 96

10.8.1 COMPANY OVERVIEW 96

10.8.2 FINANCIAL OVERVIEW 96

10.8.3 PRODUCTS OFFERED 97

10.8.4 KEY DEVELOPMENTS 97

10.8.5 SWOT ANALYSIS 98

10.8.6 KEY STRATEGIES 98

10.9 NATUREX 99

10.9.1 COMPANY OVERVIEW 99

10.9.2 FINANCIAL OVERVIEW 100

10.9.3 PRODUCTS OFFERED 101

10.9.4 KEY DEVELOPMENTS 101

10.9.5 SWOT ANALYSIS 102

10.9.6 KEY STRATEGIES 102

10.10 KEVIN INDIA CO 103

10.10.1 COMPANY OVERVIEW 103

10.10.2 FINANCIAL OVERVIEW 103

10.10.3 PRODUCTS OFFERED 103

10.10.4 KEVIN INDIA CO: KEY DEVELOPMENTS 104

10.10.5 SWOT ANALYSIS 105

10.10.6 KEY STRATEGIES 105

11 REFERENCES

12 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 21

TABLE 2 LIST OF ASSUMPTIONS 25

TABLE 3 LIST FOOD COLORS BANNED IN EUROPEAN COUNTRIES 28

TABLE 4 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2027 (USD MILLION) 36

TABLE 5 NATURAL: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 36

TABLE 6 SYNTHETIC: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 37

TABLE 7 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2027 (USD MILLION) 39

TABLE 8 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 40

TABLE 9 DAIRY & FROZEN DESSERTS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 41

TABLE 10 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 42

TABLE 11 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 43

TABLE 12 MEAT, POULTRY & SEAFOOD PRODUCTS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 44

TABLE 13 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 45

TABLE 14 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 47

TABLE 15 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2027 (USD MILLION) 48

TABLE 16 NORTH AMERICA: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 49

TABLE 17 NORTH AMERICA: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 49

TABLE 18 US: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 50

TABLE 19 US: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 50

TABLE 20 CANADA: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 51

TABLE 21 CANADA: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 51

TABLE 22 MEXICO: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 52

TABLE 23 MEXICO: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 52

TABLE 24 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2027 (USD MILLION) 53

TABLE 25 EUROPE: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 54

TABLE 26 EUROPE: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 54

TABLE 27 GERMANY: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 55

TABLE 28 GERMANY: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 55

TABLE 29 UK: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 56

TABLE 30 UK: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 56

TABLE 31 FRANCE: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 57

TABLE 32 FRANCE: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 57

TABLE 33 SPAIN: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 58

TABLE 34 SPAIN: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 58

TABLE 35 ITALY: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 59

TABLE 36 ITALY: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 59

TABLE 37 REST OF EUROPE: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 60

TABLE 38 REST OF EUROPE: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 60

TABLE 39 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2027 (USD MILLION) 61

TABLE 40 ASIA-PACIFIC: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 62

TABLE 41 ASIA-PACIFIC: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 62

TABLE 42 CHINA: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 63

TABLE 43 CHINA: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 63

TABLE 44 JAPAN: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 64

TABLE 45 JAPAN: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 64

TABLE 46 INDIA: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 65

TABLE 47 INDIA: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 65

TABLE 48 AUSTRALIA & NEW ZEALAND: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 66

TABLE 49 AUSTRALIA & NEW ZEALAND: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 66

TABLE 50 REST OF ASIA-PACIFIC: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 67

TABLE 51 REST OF ASIA-PACIFIC: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 67

TABLE 52 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 68

TABLE 53 REST OF THE WORLD: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 69

TABLE 54 REST OF THE WORLD: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 69

TABLE 55 SOUTH AMERICA: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 70

TABLE 56 SOUTH AMERICA: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 70

TABLE 57 MIDDLE EAST: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 71

TABLE 58 MIDDLE EAST: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 71

TABLE 59 AFRICA: FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 72

TABLE 60 AFRICA: FOOD COLORANTS MARKET, BY APPLICATION, 2021-2027 (USD MILLION) 72

TABLE 61 PRODUCT LAUNCHES 73

TABLE 62 MERGERS & ACQUISITIONS 74

TABLE 63 EXPANSIONS 74

TABLE 64 AGREEMENTS 74

TABLE 65 CHR. HANSEN HOLDING A/S: PRODUCTS OFFERED 76

TABLE 66 CHR. HANSEN HOLDING A/S: KEY DEVELOPMENTS 78

TABLE 67 ARCHER DANIELS MIDLAND COMPANY: PRODUCTS OFFERED 81

TABLE 68 SENSIENT TECHNOLOGIES CORPORATION: PRODUCTS OFFERED 85

TABLE 69 DDW THE COLOR HOUSE: PRODUCTS OFFERED 87

TABLE 70 DDW THE COLOR HOUSE: KEY DEVELOPMENTS 88

TABLE 71 DÖHLER GROUP: PRODUCTS OFFERED 90

TABLE 72 KALSEC INC.: PRODUCTS OFFERED 92

TABLE 73 KALSEC INC.: KEY DEVELOPMENTS 93

TABLE 74 FRUTAROM INDUSTRIES LTD: PRODUCTS OFFERED 94

TABLE 75 DSM: PRODUCTS OFFERED 97

TABLE 76 NUTAREX: PRODUCTS OFFERED 101

TABLE 77 NUTAREX: KEY DEVELOPMENTS 101

TABLE 78 KEVIN INDIA CO: PRODUCTS OFFERED 103

13 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 13

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL FOOD COLORANTS MARKET, 2021. 14

FIGURE 3 GLOBAL FOOD COLORANTS MARKET ANALYSIS, BY TYPE 15

FIGURE 4 GLOBAL FOOD COLORANTS MARKET ANALYSIS, BY APPLICATION 16

FIGURE 5 GLOBAL FOOD COLORANTS MARKET ANALYSIS, BY REGION, 2021 17

FIGURE 6 GLOBAL FOOD COLORANTS MARKET: STRUCTURE 19

FIGURE 7 KEY BUYING CRITERIA FOR FOOD COLORANTS 19

FIGURE 8 RESEARCH PROCESS 20

FIGURE 9 TOP-DOWN & BOTTOM-UP APPROACHES 23

FIGURE 10 MARKET DYNAMICS OVERVIEW 26

FIGURE 11 DRIVERS IMPACT ANALYSIS: GLOBAL FOOD COLORANTS MARKET 27

FIGURE 12 RESTRAINTS IMPACT ANALYSIS: GLOBAL FOOD COLORANTS MARKET 29

FIGURE 13 GLOBAL FOOD COLORANTS MARKET: VALUE CHAIN 31

FIGURE 14 GLOBAL FOOD COLORANTS MARKET: SUPPLY CHAIN 32

FIGURE 16 GLOBAL FOOD COLORANTS MARKET, BY TYPE, 2021 (% SHARE) 35

FIGURE 17 GLOBAL FOOD COLORANTS MARKET, BY TYPE, 2021-2027 (USD MILLION) 35

FIGURE 18 GLOBAL FOOD COLORANTS MARKET SHARE, BY APPLICATION, 2021 (% SHARE) 38

FIGURE 19 GLOBAL FOOD COLORANTS MARKET SIZE, BY APPLICATION, 2021-2027 (USD MILLION) 38

FIGURE 20 GLOBAL FOOD COLORANTS MARKET, BY REGION, 2021-2027 (USD MILLION) 46

FIGURE 21 GLOBAL FOOD COLORANTS MARKET, BY REGION, 2021 (% SHARE) 47

FIGURE 22 NORTH AMERICA: FOOD COLORANTS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 48

FIGURE 23 EUROPE: FOOD COLORANTS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 53

FIGURE 24 ASIA-PACIFIC: FOOD COLORANTS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 61

FIGURE 25 REST OF THE WORLD: FOOD COLORANTS MARKET SHARE, BY REGION, 2021 (% SHARE) 68

FIGURE 26 CHR. HANSEN HOLDING A/S: FINANCIAL OVERVIEW SNAPSHOT 75

FIGURE 27 CHR. HANSEN HOLDING A/S: SWOT ANALYSIS 79

FIGURE 28 ARCHER DANIELS MIDLAND COMPANY: FINANCIAL OVERVIEW SNAPSHOT 80

FIGURE 29 ARCHER DANIELS MIDLAND COMPANY: SWOT ANALYSIS 82

FIGURE 30 SENSIENT TECHNOLOGIES CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 84

FIGURE 31 SENSIENT TECHNOLOGIES CORPORATION: SWOT ANALYSIS 86

FIGURE 32 DDW THE COLOR HOUSE: SWOT ANALYSIS 89

FIGURE 33 DÖHLER GROUP: SWOT ANALYSIS 91

FIGURE 34 KALSEC INC.: SWOT ANALYSIS 93

FIGURE 35 FRUTAROM INDUSTRIES LTD: SWOT ANALYSIS 95

FIGURE 36 DSM: FINANCIAL OVERVIEW SNAPSHOT 96

FIGURE 37 DSM: SWOT ANALYSIS 98

FIGURE 38 NATUREX: FINANCIAL OVERVIEW SNAPSHOT 100

FIGURE 39 NATUREX: SWOT ANALYSIS 102

FIGURE 40 KEVIN INDIA CO: SWOT ANALYSIS 105