What’s Driving the F&B color fixing agents market Growth? Leading Companies BASF, Merck KGaA, Darmstadt, Germany, AkzoNobel, Yara International, Spectrum Chemicals, Airedale Chemical, Naturex, Sonac

Global F&B color fixing agents market will be driven by rapidly growing beverages industry. Product demand in beverages industry is projected to grow with a highest CAGR during the forecast period. This can be attributed to the rapidly growing beverages industry across the globe. Increasing disposable income and changing eating habits are propelling the beverages industry growth from past few years. Food & beverages color fixing agents demand in bakery application is projected to grow with a healthy CAGR. It is used in bakery as a food preservative to extend shelf life and preserve the taste.

Request for a Table of Contents of Report @ https://www.gminsights.com/toc/detail/food-and-beverages-color-fixing-agents-market

This change is said to have occurred on account of the meteoric rise in demand for the same, especially from the millennial generation. In fact, according to Quartz India, when millennials across India are looking to experience fun-filled moments, chances are that they’ll most probably end up in a restaurant or order something to eat online. This culture is so widespread that Indian middle-income millennials spend approximately 10% of food expenditure on eating out, purchasing pre-cooked meals or ordering junk food online – indirectly fueling the growth scale of F&B color fixing agents industry.

Meanwhile, the beverage industry has also witnessed proliferating growth over the recent years. Changing eating trends are some of the most prominent factors behind this growth, as it is highly probable that an individual dining out would order an accompanying drink to go with the meal instead of opting for water.

Companies Profiled based on Business Overview, Strategic Outlook & SWOT Analysis:
1. BASF
2. Merck KGaA,
3. Darmstadt, Germany
4. Mitsubishi Chemical Corporation
5. AkzoNobel
6. Yara International
7. Spectrum Chemicals
8. Airedale Chemical
9. Naturex
10. Sonac

Poultry & fish was another major product application segment in 2018 and projected to grow with a healthy CAGR during the forecast period. This can be attributed to the rise in consumer awareness about health nutrition. According FAO global fish production in 2011 was 154 million tons which surpassed 175 million tons in 2018 and forecast to grow with a significant CAGR in near future. Color fixing agents in fish are used to preserve the taste and color of fish, due to high product demand from poultry and fish application F&B color fixing agents market is forecast to grow with a rapid CAGR in near future.

Make an inquiry before buying report @ https://www.gminsights.com/inquiry-before-buying/3227

Impact of rising beverage sales on F&B CFA market
The use of F&B CFA like Ascorbic Acid in the beverages industry serves a dual purpose; they prevent chemical oxidation stabilizing their taste & bouquet and they help the beverage sell more by retaining their color.

The Drivers: According to the Institute of Food Technologists, color is the first notable characteristic of a beverage or food that often influences or predetermines a consumer’s expectation, helping them in making a purchase. This provides great impetus to beverage manufacturers to heavily invest in F&B CFA market if they plan to bring in more business growth.

The Projection: The use of coloring in beverage production would be continuing to expand in coming years as more beverage manufacturers are becoming aware of the benefits of incorporating color into their drinks. According to GNT Group, back in 2016, 14% of newly released beverages incorporated a color finish to accentuate their overall concept.

Moving forward, beverages are expected to incorporate natural coloring as a standard practice, further providing traction to the market as natural colors would more prominently require CFA to maintain their color.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: http://global4energy.com

This release was published on openPR.