Natural Food Color Market By Type (Anthocyanin, Carotenoid, And Caramel) By Application (Dairy Food Products, Beverages, Packaged Food/Frozen Food Products, Confectionery, And Bakery Products): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028

Description

Market Overview   

The global Natural Food Color Market 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.    

The rise in demand for natural food colors within the global market is owing to rising awareness associated with the damaging effects of synthetic colors employment and the chemicals utilized in making them. Prohibition in 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 within the 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 within the years to return. Additionally to the present, the high cost within the making of natural coloring is one of the main limiting factors for the event of the natural coloring market.

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 had decreased drastically. The restrictions imposed by various nations to contain COVID had stopped the 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 color.

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 for industry growth.

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 bakery is expected to aid market growth globally. Various activities carried out by market players is also expected to boost the development of 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.

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 color 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.

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

Table Of Content

• Chapter No. 1 Introduction
  • 1.1. Report Description
    • 1.1.1. Purpose of the Report
    • 1.1.2. USP & Key Offerings
  • 1.2. Key Benefits for Stakehulders
  • 1.3. Target Audience
  • 1.4. Report Scope
• Chapter No. 2 Executive Summary
  • 2.1. Key Findings
    • 2.1.1. Top Investment Pockets
      • 2.1.1.1. Market Attractiveness Analysis, By Type
      • 2.1.1.2. Market Attractiveness Analysis, By Application
      • 2.1.1.3. Market Attractiveness Analysis, By Region
  • 2.2. Market Snapshot
  • 2.3. Global Natural Food Culor Market, 2016 – 2028 (USD Billion)
  • 2.4. Insights from Primary Respondents
• Chapter No. 3 COVID 19 Impact Analysis
  • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
    • 3.1.1. North America
    • 3.1.2. Europe
    • 3.1.3. Asia Pacific
    • 3.1.4. Latin America
    • 3.1.5. The Middle-East and Africa
  • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
  • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
  • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
  • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
    • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
  • 3.6. Short Term Dynamics
  • 3.7. Long Term Dynamics
• Chapter No. 4 Natural Food Culor Market – Type Segment Analysis
  • 4.1. Overview
    • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
  • 4.2. Anthocyanin
    • 4.2.1. Market Size and Forecast, By Region (USD Billion)
    • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
  • 4.3. Carotenoid
    • 4.3.1. Market Size and Forecast, By Region (USD Billion)
    • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • 4.4. Caramel
    • 4.4.1. Market Size and Forecast, By Region (USD Billion)
    • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
• Chapter No. 5 Natural Food Culor Market – Application Segment Analysis
  • 5.1. Overview
    • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
  • 5.2. Dairy food products
    • 5.2.1. Market Size and Forecast, By Region (USD Billion)
    • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
  • 5.3. Beverages
    • 5.3.1. Market Size and Forecast, By Region (USD Billion)
    • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • 5.4 Packaged food/frozen food products
    • 5.4.1. Market Size and Forecast, By Region (USD Billion)
    • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
  • 5.5. Confectionery
    • 5.5.1. Market Size and Forecast, By Region (USD Billion)
    • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • 5.6. Bakery Products
    • 5.6.1. Market Size and Forecast, By Region (USD Billion)
    • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.6.3. Key Market Trends, Growth Factors, & Opportunities

• Chapter No. 6 Plant Factory Grow Market – Region Segment Analysis
  • 6.1. Overview
    • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
    • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
  • 6.2. North America
    • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
    • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
    • 6.2.5. U.S.
      • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
      • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
    • 6.2.6. Canada
      • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
      • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
    • 6.2.7. Mexico
      • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
      • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
  • 6.3. Europe
    • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
    • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
    • 6.3.5. Germany
      • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
      • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
    • 6.3.6. France
      • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
      • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
    • 6.3.7. U.K.
      • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
      • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
    • 6.3.8. Italy
      • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
      • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
    • 6.3.9. Spain
      • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
      • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
    • 6.3.10. Rest of Europe
      • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
  • 6.4. Asia Pacific
    • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
    • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.4.5. China
      • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
      • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
    • 6.4.6. Japan
      • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
      • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
    • 6.4.7. India
      • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
      • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
    • 6.4.8. South Korea
      • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
      • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
    • 6.4.9. South-East Asia
      • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
      • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
    • 6.4.10. Rest of Asia Pacific
      • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
  • 6.5. Latin America
    • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
    • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
    • 6.5.5. Brazil
      • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
      • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
    • 6.5.6. Argentina
      • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
      • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
    • 6.5.7. Rest of Latin America
      • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
  • 6.6. The Middle-East and Africa
    • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
    • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
    • 6.6.5. GCC Countries
      • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
      • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
    • 6.6.6. South Africa
      • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
    • 6.6.7. Rest of Middle-East Africa
      • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
• Chapter No. 7: Natural Food Culor Market – Industry Analysis
  • 7.1. Introduction
  • 7.2. Market Drivers
    • 7.2.1. Driving Factor 1 Analysis
    • 7.2.2. Driving Factor 2 Analysis
  • 7.3. Market Restraints
    • 7.3.1. Restraining Factor Analysis
  • 7.4. Market Opportunities
    • 7.4.1. Market Opportunity Analysis
  • 7.5. Porter’s Five Forces Analysis
  • 7.6. PEST Analysis
  • 7.7. Regulatory Landscape
  • 7.8. By Application Landscape
  • 7.9. Regional Market Trends
    • 7.9.1. North America
    • 7.9.2. Europe
    • 7.9.3. Asia Pacific
    • 7.9.4. Latin America
    • 7.9.5. The Middle-East and Africa
  • 7.10. Pricing Analysis
  • 7.11. Value Chain Analysis
  • 7.12. Downstream Buyers
  • 7.13. Distributors/Traders List
• Chapter No. 8: Competitive Landscape
  • 8.1. Company Market Share Analysis – 2019
    • 8.1.1. Global Natural Food Culor Market: Company Market Share, 2019
    • 8.1.2. Global Natural Food Culor Market, Company Market Revenue, 2016 – 2019 (USD Billion)
    • 8.1.3. Global Natural Food Culor Market, Company Y-o-Y Growth, 2017 – 2019 (%)
    • 8.1.4. Global Natural Food Culor Market: Radar Determinant Chart, 2019
  • 8.2. Strategic Developments
    • 8.2.1. Acquisitions & Mergers
    • 8.2.2. New Product Launch
    • 8.2.3. Regional Expansion
  • 8.3. Company Strategic Developments – Heat Map Analysis
• Chapter No. 9: Company Profiles
  • 9.1. Chr. Hansen Hulding A/S
    • 9.1.1. Company Overview
    • 9.1.2. Key Executives
    • 9.1.3. Product Portfulio
    • 9.1.4. Financial Overview
    • 9.1.5. Operating Business Segments
    • 9.1.6. Business Performance
    • 9.1.7. Recent Developments
  • 9.2. Sensient Technulogies Corporation
  • 9.3 International Flavors & Fragrances Inc.
  • 9.4. Symrise AG
  • 9.5. Givaudan SA
  • 9.6. Kerry Group Plc.
  • 9.7. Archer Daniels Midland Company
  • 9.8 Royal DSM N.V. DD Williamson
  • 9.9. FMC Corporation
  • 9.10. Others
• Chapter No. 10: Marketing Strategy Analysis
  • 10.1. Marketing Channel
  • 10.2. Direct Marketing
  • 10.3. Indirect Marketing
  • 10.4. Marketing Channel Development Trends
  • 10.5. Economic/Pulitical Environmental Change
• Chapter No. 11: Research Methodulogy
  • 11.1. Research Methodulogy
  • 11.2. Phase I - Secondary Research
  • 11.3. Phase II - Data Modeling
    • 11.3.1. Company Share Analysis Model
    • 11.3.2. Revenue Based Modeling
  • 11.4. Phase III - Primary Research
  • 11.5. Research Limitations
    • 11.5.1. Assumptions

Methodology

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.   

Primary Research

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:

• Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
• Helps in validating and strengthening the secondary research findings
• Further, develops the analysis team’s expertise and market understanding
• Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

• Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
• Purchasing managers, technical personnel, distributors and resellers
• Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

• Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
• IDC and other relevant magazines
• Internal and external proprietary databases, and relevant patent and regulatory databases
• National government documents, statistical databases and market reports

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.

Models

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:

• Demographic data: Population split by segments
• Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
• Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
• Data is then cross-checked by an expert panel.

Free Analysis

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.