Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.74 Billion | USD 4.33 Billion | 4.68% | 2024 |
The global food & beverages color fixing agents market size was worth around USD 2.74 Billion in 2024 and is predicted to grow to around USD 4.33 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 4.68% between 2025 and 2034. The report analyzes the global food & beverages color fixing agents market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the food & beverages color fixing agents industry.
Food & beverages color fixing agents are mainly used as food preservatives in various kinds of foods including poultry, fish, bakery items, meat, and dairy products. These products impart red color to foods along with cutting flavor while preserving foods from micro-organisms. Furthermore, as a result of antibacterial & antioxidant features, food & beverages color fixing agents are utilized regularly in production of beverages such as alcoholic & non-alcoholic ones.
Rise in fish production and intake will impel expansion of food & beverages color fixing agents industry in ensuing years. Rise in customer expenditure and changes in consumer lifestyle will proliferate size of market over years ahead. Shift in eating patterns of consumer and rise in per capita income will culminate into humungous surge in expansion of food & beverages color fixing agents market. Escalating demand for healthy & nutritive food products will catalyze market trends. Additionally, humungous demand for fish & poultry foods will embellish expansion of business over ensuing years.
North American Market To Register Highest CAGR Over Forecast Timeframe
Expansion of food & beverages color fixing agents industry over assessment period in North America over forecasting years can be attributed to large-scale intake of preserved meat & beverages among customers in sub-continent. Apart from this, increase in sale of bakery items as well as poultry products in countries such as the U.S. will further contribute to regional market size.
Report Attributes | Report Details |
---|---|
Report Name | Food & Beverages Color Fixing Agents Market |
Market Size in 2024 | USD 2.74 Billion |
Market Forecast in 2034 | USD 4.33 Billion |
Growth Rate | CAGR of 4.68% |
Number of Pages | 190 |
Key Companies Covered | Kerry Group, Archer Daniels Midland (ADM), Cargill Inc., Chr. Hansen Holding A/S, DSM-Firmenich, Kalsec Inc., Sensient Technologies, Dohler Group, Givaudan (Naturex), IFC Solutions, and others. |
Segments Covered | By Product, By Application, By Form, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key players impacting growth of food & beverages color fixing agents industry and profiled in study are:
By Application
By Product
By Region
FrequentlyAsked Questions
The global food & beverages color fixing agents market is expected to grow due to increasing demand for processed foods, consumer preference for visually appealing products, and stricter food safety regulations.
According to a study, the global food & beverages color fixing agents market size was worth around USD 2.74 Billion in 2024 and is expected to reach USD 4.33 Billion by 2034.
The global food & beverages color fixing agents market is expected to grow at a CAGR of 4.68% during the forecast period.
Asia-Pacific is expected to dominate the food & beverages color fixing agents market over the forecast period.
Leading players in the global food & beverages color fixing agents market include Kerry Group, Archer Daniels Midland (ADM), Cargill Inc., Chr. Hansen Holding A/S, DSM-Firmenich, Kalsec Inc., Sensient Technologies, Dohler Group, Givaudan (Naturex), IFC Solutions, among others.
The report explores crucial aspects of the food & beverages color fixing agents market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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