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Food Colorants Market Report 2023-2032- Recent Trends, Global Demand, Business Opportunities And Top Key Players | Sun Food Tech Pvt. Ltd., Dow DuPont, Koninklijke DSM N.V., Florio Colori S.P.A., Chr. Hansen A/S
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Food Colorants Market Size, Growth Rate, And Forecast:
The global food colorants market size is expected to grow from $3.93 billion in 2022 to $4.27 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global food colorants market size is expected to reach $5.72 billion in 2027 at a CAGR of 7.5%.
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Food Colorants Market Drivers:
The surging demand for confectionery products is expected to propel the growth of the food colorant market going forward. A confectionery product is a sort of sweet food item that often contains sugar or other sweeteners. Confectionery products may involve a wide range of snacks, including candy, chocolates, cakes, pastries, and other sweet baked dishes. Food colorants are used in confectionery products to improve the visual attractiveness of the product and make it more appealing to consumers.
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Food Colorants Market Segments:
By Type: Natural, Synthetic
By Source: Plant Derived Pigments, Mineral
By Solubility: Dye, Lake
By Form: Powder, Liquid
By Application: Beverages, Dairy And Frozen products, Bakery, Meat, Poultry, and Seafood, Confectionery, Sauces and Condiments, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Food Colorants Market.
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Food Colorants Market Key Players:
Major competitors in the food colorants market include Sun Food Tech Pvt. Ltd., Dow DuPont, Koninklijke DSM N.V., Florio Colori S.P.A., Chr. Hansen A/S, Cargill Incorporated., GNT Group.
The Business Research Company's "Global Food Colorants Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Food Colorants Market Include:
1. Executive Summary
2. Food Colorants Market Characteristics
3. Food Colorants Market Trends And Strategies
4. Food Colorants Market - Macro Economic Scenario
5. Food Colorants Market Size And Growth
……
26. Africa Food Colorants Market
27. Food Colorants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Food Colorants Market
29. Food Colorants Market Future Outlook and Potential Analysis
30. Appendix
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