Press release
Food Colour Market 2018 – By Analyzing the Performance of Various Competitors
The Global market for Food Colour - by region has witnessed continued demand during the last few years and is projected to grow at a CAGR of 6.60% by 2022 in terms of value.Food colours are considered as food additives or ingredients which are used commercially in food and drinks. Food colours make the product more attractive, appetizing, appealing, and informative allowing consumers to identify products on sight. The association of colours with different flavours determines the consumer perception of flavour from colours will mark the growth of this market. According to FDA, colour additive is any dye, pigment or substance which added or applied to a food, drug or cosmetic, or to the human body, is capable (alone or through reactions with other substances) of imparting colour. Food colours are used as ingredients and play significant roles in variety of foods. Before the development of artificial food colours, people use salt to preserve fishes and meats and added herbs & spices to keep the food healthy. Food colours are gaining traction in the market over the past few years for its diverse application. It stimulates the loss of colour during processing to develop the quality of the products and to influence consumer buying behaviour.
Global Food Colour Market is dominated by Europe, with registering a CAGR of 5.50%. The growing consumer awareness, increasing demand of organic products, increasing incidence of diseases will surge the sales of natural food colors over synthetic food colors. Many convenience food manufacturing companies have started using natural colors in food manufacturing to provide value addition and to make product differentiation from their competitors. Colour is a degree of quality and nutrient content of foods. It is an important attribute to improve product appearance and make it more appealing. Food coloring agents are used to augment the colour loss during processing. Strong growth of bakery & confectionery products is also propelling the sales of food colour during the forecast period of 2017-2022.
Through this report Market Research future aims to provide understanding of the Food colour Market and assists identification of ongoing trends along with anticipated growth in the coming years. For this research extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted from both supply side and demand side of Global Food Colour market. The supply side industry experts consisted of CEOs, Directors, Marketing Managers, Sales Mangers, R&D Specialists, Country Manager, and Regional Managers of food colour companies, Retailers, and Distributors amongst others.
List of Table
Chemical Classification of Natural Colorants
Global Food color Market, By Region (2009-2016), (USD Mn)
Global Food color Market, By Region (2017-2022), USD Mn
List of Figures
Global Food Color Market, by region (2009-2016), USD Mn
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