Natural Food Colors Market worth US$ 3.17 billion by 2028 - Exclusive Research by The Insight Partners

The Insight Partners has added Latest Report on "Natural Food Colors Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Carmine, Anthocyanins, Caramel, Curcumin, Annatto, Carotenoids, Chlorophyll, and Others), Form (Liquid & Gel and Powder), Application and Geography," the global natural food colors market is projected to reach US$ 3.17 billion by 2028 from US$ 2.10 billion in 2022. It is expected to grow at a CAGR of 7.1% during 2022-2028. The report highlights key factors driving the natural food colors market and prominent players along with their developments in the market.

There is an increase in demand for natural food colors, owing to increasing awareness among consumers about the harmful effects of synthetic colors and rising rules and regulations of governments regarding the use of synthetic colors. Most people nowadays have become health conscious and are opting for organic and natural products. Natural food colors are safe to consume and add to food's nutritional value. Additionally, natural food colors do not contain common allergy-prone ingredients. Instead, they contain antioxidants that reduce the risk of many diseases. All these factors are driving the market.

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The Prominent/Emerging Players in the Natural Food Colors Market includes:

• Koninklijke DSM N.V.
• Sensient Technologies
• Archer Daniels Midland Company
• Döhler Group
• BASF SE
• Naturex S.A
• Aromata Group
• Givaudan
• Dupont
• Oterra A/S
• Mane KANCOR

The natural food colors market is a part of the food & beverages industry. The economic slowdown caused by the COVID-19 outbreak declined the industry's growth, restraining the demand for natural food colors. However, businesses are gaining ground as previously imposed limitations have been eased across various countries. Moreover, the introduction of COVID-19 vaccines by governments of different countries eased the situation, leading to the rise in business activities worldwide. The COVID-19 pandemic also collaterally resulted in the growth of several segments of the food & beverages industry post recovery from the production disruptions.

The study conducts a SWOT analysis of each company to evaluate strengths and weaknesses. It also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Natural Food Colors market segments and regions.

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The report analyzes factors affecting the Natural Food Colors Market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the sports sun care market in these regions.

The global Natural Food Colors market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), The Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)

Koninklijke DSM N.V., Sensient Technologies, Archer Daniels Midland Company, Döhler Group, BASF SE, Naturex S.A, Aromata Group, Givaudan, Dupont, Oterra A/S, and Mane KANCOR are the key players operating in the global natural food colors market. These companies provide a wide range of product portfolios for the market and have a widespread global presence, which provides a lucrative opportunity to serve a large set of customers and increase the market share. These market players are highly focused on developing products with advanced technology platforms to serve their customers better.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.