Global natural food color market worth USD 1.77 Billion by 2021, growing at a CAGR of 5.2% between 2016 and 2021.
Food additive color or food coloring is any pigment, dye or substance that releases color when it is added to drink or food. It comes in many forms consisting of gels, pastes liquids, and powders. Natural food colors are the colors which are extracted from natural sources such as fruits, vegetables, meat, etc. Natural food colors are highly applied in beverages, bakery, meat and pork, confectionery, etc.
The report covers forecast and analysis for the natural food color market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 stands on revenue (USD Billion). The study includes drivers and restraints for the natural food color market along with the impact they have on the demand over the forecast period. Additionally, the report comprises the study of opportunities existing in the natural food color market on a global level.
In order to give the users of this report a comprehensive view on the natural food color, we have included a detailed competitive scenario and type portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the natural food color market has also been included. The study encompasses a market attractiveness analysis, in which product segments are benchmarked depends on their market size, growth rate, and general attractiveness.
The study provides a decisive view on the natural food color market by segmenting the market based on type and application. All the types and applications have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. Key types 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. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa with its further bifurcation into major countries including the U.S. UK, Germany, France, China, Japan, India, and Brazil. This segmentation includes demand for Natural food color based on individual applications in all the regions and countries.
The report covers detailed competitive viewpoint including the market share and company profiles of the key participants operating in the global market. Moreover, this report will also include the complete patent analysis to make this report more beneficial to the client.
Major companies profiled in the report include 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.
This report segments the global natural food color market as follows:
Global Natural Food Color Market: Type Segment Analysis
Global Natural Food Color Market: Application Segment Analysis
Global Natural Food Color Market: Regional Segment Analysis
This report is based on in-depth qualitative and quantitative analyses of the global Natural Food Color market. Zion Research has collected and analyzed key data belong to the global Natural Food Color market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Natural Food Color across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Natural Food Color industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Natural Food Color market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Natural food color is commonly known as any pigment, dye or other substance obtained from animal, mineral, fruits, vegetable, or algae & insect, capable of coloring cosmetic, food drug or any part of human body. Colors are used to improve an appearance of food and make it preferable or eye-catching. This increases the consumers’ preference towards a particular food product. While processing the original color of the product fades, thereby to restore the color, the food product is included with nature identical, natural or synthetic food colors. Natural colors are withdrawn from plant and animal sources, whereas synthetic or artificial colors are synthesized from chemicals.
Increasing awareness regarding the harmful effects of usage of synthetic colors is one of the boosters which are increasing the demand for natural food colors in the international market. Restrictions on trading of synthetic color made products and its manufacturing in selected international markets like Japan and all European countries are expected to hamper the growth of the market in the near future. Encouragement for using natural food colors in novel products like crayons and infant toys, handmade paper, organic textile printing, etc. is increasing day by day. This, in turn, is expected to bring opportunities for the natural food color market in the coming market. The expenditure to manufacture synthetic color is moderately low than that of natural colors and are sold at competitive prices that influence the consumer's preference to purchase synthetic colors. Synthetic colors offer the same hue as the natural colors the only difference is in the source. This advantage in minimum production cost of synthetic color is stated as a big retraining factor in natural food color.
Natural food colors include as the carotenoid, anthocyanin, and caramel. Natural food colors are broadly used in various applications such as confectionery, beverages, dairy & frozen products, meat products, bakery and others. The global market growth for food color is tending towards natural colors, as there is an increase in the health awareness consumer base that demands nature derived additives and ingredients in food.
Beverages segment is predicted to dominate the market among all other applications in terms of both value and volume. Natural food colors find strong applications in meat products. This is carried by the development of new product formulations, which are more temperature compatible and stable in case of meat products. For instance, usage of yellow color for soft drinks, pork, meat and bakery items is gaining prominence among end-use companies in Japan. Apart from above mentioned applications, the ‘gardenia yellow’ color is used in rice cakes, noodles and other food and beverages products.
Due to demand for healthy and clean label food products coupled with the largest number of health concerned consumer base, North America is the dominating regional market among all the regions. Asia-Pacific is expected to become the fastest growing regional segment for the natural food color market within the forecast period.
Some of the main companies operating in global baby food 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.