Natural Food Color Market Size, Share, Growth Report 2030

Natural Food Color Market: Overview

The global Natural Food Color Market Size accounted for USD 2.3 Billion in 2020 and is expected to reach USD 3.0 Billion by 2028, growing at a CAGR of 3.1% from 2021 to 2028.

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The rise in demand for natural food colors within the global market is owing to rising awareness associated with the damaging effects of synthetic color employment and the chemicals utilized in making them. Prohibition in the trading of synthetic color-made goods and its predication in selected global markets like all European nations and Japan elevated the need for a natural coloring market within the last decade. This trend is probably going to hold on for years to return boosting the natural coloring market.

Nevertheless, encouragement for employing natural food colors rather than synthetic food colors in novel items like infant toys and crayons, handmade paper, and organic textile printing is probably going to unlock growth opportunities for the natural coloring market in the years to return. Additionally, to present, the high-cost making of natural coloring is one of the main limiting factors for the event of the natural coloring market.

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COVID-19 Impact Analysis:

The global Natural Food Color Market has witnessed a decrease in the sales for overall food and beverages products due to the lockdown enforcement placed by governments to contain COVID spreading. People had no option but to remain indoors, so the consumption of products decreased drastically. The restrictions imposed by various nations to contain COVID had stopped production resulting in disruption across the whole supply chain. However, the world markets are slowly opening to their full potential, and theirs a surge in demand for natural food colors.

Natural Food Color Market: Growth Factors

The industry is predicted to exhibit substantial growth on account of rising demand for the products by the alcoholic and non-alcoholic beverages manufacturing industries. Additionally, increasing demand for food colors obtained from non-synthetic sources including rising consumer awareness in the Asia Pacific and North America is predicted to bolster the demand over the forecast period. In addition, stringent regulations concerning the utilization of synthetic and identical colors are likely to emerge because of the major driver of industry growth.

Natural Food Color Market Report Scope:

Segment Analysis Preview

The Natural Food Color Market is segmented based on types and applications where the type segments include anthocyanin, carotenoid, and caramel. Key application segments covered under this study include dairy food products, beverages, packaged food/frozen food products, confectionery, and bakery products. Carotenoids accounted for over 32% of the market revenue on account of superior usage properties such as protection against chronic diseases, anti-oxidation, and cellular damage. In addition, the growing demand for carotenoids in frozen products, non-alcoholic beverages, and bakeries is expected to aid market growth globally. Various activities carried out by market players are also expected to boost the development of the natural food color market. For example, in November 2017, Chr. Hansen expanded its series of coloring foodstuff, assisting the food & beverage makers and boosting the natural food color market.

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Regional Analysis Preview

Regionally, North America ruled the regional natural coloring market in 2018 due to the most important number of health-related user bases within the area paired with the need for clean & healthy label food items. The Asia Pacific is probably going to be the quickest developing division for the natural coloring market within the years to return thanks to the rising demand for natural colors for ready-to-eat food items in China and India. the center East and Latin America are likely to develop rapidly within the natural coloring market shortly.

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Key Market Players & Competitive Landscape

Some of the key players in the Natural Food Color Market are

• Sensient Technologies Corporation
• Chr. Hansen Holding A/S
• Symrise AG
• International Flavors & Fragrances Inc.
• Kerry Group Plc.
• Givaudan SA
• Royal DSM N.V.
• Archer Daniels Midland Company
• and FMC Corporation
• DD Williamson.

The global natural food color market is segmented as follows:

By Type

• Anthocyanin
• Carotenoid
• Caramel

By Application

• Dairy food products
• Beverages
• Packaged food/frozen food products
• Confectionery
• Bakery products

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa