Market Highlights
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%. Food colorants Industry are natural or synthetic additives used to impart the desired color to food products and beverages. Manufacturers of food colorants are focusing on organic and natural colorants to exploit the growth opportunities generated by the changing consumer preference to natural and organic products. Various studies conducted in public interest have concluded that these artificial or synthetic colors pose a threat to consumer health. These have changed consumer perception significantly toward the use of synthetic food colors.
Segmental Analysis
The Global Food Colorants Market has been segmented on the basis of Type, Application, and Region.
Based on type, the global food colorants market has been segmented into natural and synthetic. The natural segment is projected to register the highest CAGR of 5.8% during the forecast period. The demand for natural food colorants has been increasing owing to the rising demand for clean-label products. The clean-label trend has evolved beyond ingredients to include food that is prepared using natural food additives.
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Key Players
Market Research Future recognizes Chr. Hansen Holding A/S (Denmark), Archer Daniels Midland Company (US), Sensient Technologies Corporation (US), DDW The Color House (US), Döhler Group (Germany), Kalsec Inc. (US), Frutarom Industries Ltd (Israel), DSM (Netherlands), Naturex (France), and Kevin India Co (India) as the Key Players active in the Global Food Colorants Market.
Key Findings of the Study
The Global Food Colorants Market is expected to register a growth rate of 5.4% during the period of 2019 to 2025. Increasing demand for natural food colorants is projected to propel the growth of the global food colorants market.
By type, the synthetic segment is projected to maintain its dominance during the forecast period of 2019 to 2025. The segment is expected to register the highest growth rate of 5.1% during the forecast period.
Regional Analysis
Geographically, the global food colorants market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World. As per MRFR analysis, Europe dominated the market, accounting for the largest share of nearly 35% in 2018 and register a CAGR of 5.0% during the forecast period. Germany, France, and the UK are the key countries that are contributing to the market growth of the region.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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