Worldwide Food Colors Market by Size, Share, Revenue – 2023 | Ozone Market Reports

Ozone Market Reports projects that the Food Colors market size will grow from USD 2.53 Billion in 2017 to USD 4.13 Billion by 2023, at an estimated CAGR of 8.47%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The market is driven by the growth in demand for clean label products in natural colors market, advancement in technological innovations, and marketing strategies to improve product appeal through colorants. The food colors market, based on type, has been segmented into natural food colors (caramel, carotenoids, anthocyanins, and others, which include betalains, anthraquinones, carmine, cochineal extract, curcumin, turmeric, and copper chlorophyllin), synthetic food colors (red color, yellow, blue, green, and others include chocolate brown, blue IV, and black colors), and nature-identical. The natural segments is the largest as well as the fastest-growing segment in the food colors market. Natural colors are in demand for their eco-friendly nature and additional health benefits. The food industry produces natural colors from various end-use industries, which further drive the natural colors market. Natural colors which are widely used in the food industry are caramel, carotenoids, anthocyanins, and others (carmine, betalains, anthraquinones, cochineal extract, curcumin, and turmeric).

By Market Players:
Archer Daniels Midland Company , Chr. Hansen A/S , FMC Corporation , Sensient Technologies Corporation , Koninklijke DSM N.V. , Naturex S.A. , D.D. Williamson & Co. Inc. (DDW) , Dohler Group , Fiorio Colori SPA , Kalsec, Inc.,

By Type:
Natural Colors , Synthetic Colors , Nature-Identical Colors, ,

By Application:
Beverage , Bakery and Confectionery , Dairy , Meat , Others

By Form:
Liquid , Liquid Gel , Gel Paste , Powder, Solubility

By Dye :
Lake,
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The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
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