Food Colorants Market, Growth, Trends, Analysis and Forecast 2023-2032 | Key Players : Sethness Products Company, Chr Hansen holdings

Food Colorants Market Overview:

According to Quince Market Insights (QMI) The global Food Colorants market is expected to reach USD at a CAGR % during the forecast period 2023-2032

Rising demand for products obtained from livestock and consequent increase in the livestock population is driving the growth of the Food Colorants market. Decreasing grazing land and increased awareness of animal health are also increasing the demand for Food Colorants . Growing demand for healthy meat obtained from healthy livestock is another growth driver for the Food Colorants market.

Restraining factors for the Food Colorants market include high prices, long cultivation times, and climatic and soil conditions changes. Furthermore, Covid-19 restrictions had a detrimental effect on the movement of Food Colorants across borders. However, the market is likely to pick up with the restrictions being lifted.

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Key Players

The manufacturers have adopted a large number of laborers for work.  There are multiple reasons, such as increasing disposable income and rising population causing a surge in demand for meat and poultry products, increasing awareness about medicated Feed among the farmers, and increased health consciousness among people, leading to a huge demand for nutritious meat and other food products Players Sethness Products Company, Chr Hansen holdings, LycoRed Ltd, Riken Vitamin, Fiorio Colori S.P.A., Dohler group., Sensient technologies, D.D. Williamson & Co., BASF, Kancor Ingredients, FMC Corp, Kalsec Inc., Naturex SA, Royal DSM.

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Food Colorants Market Segmentation

The global Food Colorants market has been segmented into by type, application, By Component By end-user, and region. In 2023, the Food Colorants technologies ruled the market Segmentation By Type (Natural and Synthetic), By Application (Beverages, Dairy Products, Bakery Items, Meat & Poultry, Oils & Fats, and Confectioneries)

The Food Colorants market has been divided into Alfalfa, Ryegrass Clover and Chicory based on type. The Alfalfa segment holds the largest market share. It is mainly used as feed for cattle, goats and horses. Alfalfa improves the animals' digestive health and improves soil quality. Clover is another leading segment due to its high protein and digestible fiber content.
The Food Colorants market has been classified into legumes and grasses based on species. The legumes segment holds the largest market share. Legume Food Colorants provide protein and essential nutrients to the plant and food. Moreover, the nitrogen-fixing property of legumes improves soil fertility.

 Food Colorants Regional Analysis

On the basis of geography, the Food Colorants market is divided into North America, Europe, Asia Pacific and the rest of the world. Asia Pacific holds the largest share and is also projected to exhibit the highest CAGR in the forecast period. This is mainly due to the rising demand for dairy products and decreasing grazing land.

North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina)
Europe (Germany, France, United Kingdom, Russia and Italy)
Middle East & Africa (UAE, Egypt, Saudi Arabia, and South Africa)

Food Colorants Industry News

DL Seeds announced the launch of two new forage pea varieties, namely DL Delicious and DL Goldeye
The launch of a new line of forage seeds by Alta Seeds called Empyr Premier Forages
Phibro Animal Health Corporation acquired Osprey Biotechnics, thereby adding medicated Feed to its product list .

Reasons to Buy This Report:

Provides niche insights for decision about every possible segment helping in strategic decision-making process.
Market size estimation of the Food Colorants market on a regional and global basis.
A unique research design for market size estimation and forecast.
Identification of major companies operating in the market with related developments
Exhaustive scope to cover all the possible segments helping every stakeholder in the Food Colorants

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This release was published on openPR.