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Get Worldwide Food Colors Market Size, Share, Development, Growth and Demand Forecast to 2023

Food Colors Market

Food Colors Market

The increasing demand for ready-to-eat meals and bakery and confectionary products has been driving the growth of the global food colors market. The increasing disposable income of consumers has led to the growth of packed food products, as well as the restaurants industry. The increasing population, especially in Asia-Pacific has been creating significant demand for food items including bakery, confectionery, and prepared foods.

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Food color is a type of additive that imparts color, when added to food or drink. They are available in several forms, such as liquid, powder, gel and paste. The colors are added to the food for serving several purposes, such as influencing the perception of the consumer, as people relate color to flavors. Colors make foods attractive and appetizing, thus enabling consumers to identify products easily.

The demand for natural food colors has been up surging, due to increasing consumer awareness about the health hazards caused by synthetic food colors used in the food. The natural food color based foods are higher in price, as compared to those manufactured with synthetic colors; however the consumers in developed countries are willing to pay extra cost to get the healthier alternative.

The food processors and manufacturers companies, such as Kraft, Taco Bell, Pizza Hut, Subway, Nestle, General Mills, Papa John’s and Campbell Soup Company are making changes to their product offerings, and g introducing products with more natural colors.

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The major markets in Europe include the U.K., France, Germany, and Italy. The key markets in Asia-Pacific include China, India, Japan, and Australia. The major players in the market include Sensient Technologies Corporation, D.D. Williamson & Co. Inc., Dohler Group, Royal DSM N.V., Cargill Inc., Danisco, BASF, and Kalsec Inc.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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