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Research report covers the Erythrosine Market share and Growth, 2017-2027
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Due to increasing competitiveness, manufactures are focusing upon food decorative products thereby, propelling the market for erythrosine. Erythrosine is widely used in the manufacturing of candies and cake decorative items. Moreover, it helps to maintain the flavour and quality of the product over a prolonged period of time. Hence, contributing to the growth of erythrosine market. Consumer’s attraction towards processed and canned food products, is driving the erythrosine market. Moreover, being synthetic in nature it can be preserved for longer period of time and helps to impart the flavour and colour to the products. Furthermore, synthetic dyes as comparatively available at lower prices as compared to natural dyes. Hence, impacting the manufacturing and product cost of the erythrosine composed products. Thereby, influencing the consumer’s buying behaviour towards erythrosine products. Apart from food industry, erythrosine is widely used as disclosing agent in dentistry, printing inks and in cosmetics.
However, most of the processed food are rich in artificial dye thereby, compromising upon the nutritional content of the diet. With increasing health conscious behaviour, natural dye are gaining traction among consumers. Hence, hampering the growth of erythrosine market. Moreover, erythrosine has shown to have some adverse effect on human health. Erythrosine is reported to have some cancer promoting effects and also may cause irritation in skin, digestive tract, respiratory tract and eyes when exposed to undiluted form. The high dosage of erythrosine may lead to depression and lethargy. These factors may restrain the market growth of erythrosine. Moreover, due to its adverse side effects it is prohibited in USA and Norway thereby, constraining the opportunities among erythrosine manufacturers.
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The global erythrosine market is categorised into seven regions, namely, Western Europe, Eastern Europe Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), , Japan Latin America and, North America. Due to its adverse side effects on human health, erythrosine is been banned in US by FDA. Thereby, resulting in decline of erythrosine market in North America. Asia Pacific region accounts for the major share of erythrosine market owing to increase in demand for processed food products among consumers. Europe represents second largest target market for erythrosine. With increasing demand for decorative food products among consumers, is driving the erythrosine market in Europe.
Some of the prominent players identified in the global erythrosine market includes:
Univar Colour
Sigma-Aldrich Co.LLC.
Dynemic Products Ltd.
Food Ingredient Solutions LLC
Parshwanath Dyestuff Industries
Sun Food Tech.
Kolor Jet Chemical Pvt. Ltd.
BASF SE
Jagson Colorchem Limited
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