Press release
Food Colors Market to reach USD 5.69 Bn by 2029, emerging at a CAGR of 5.9 percent and forecast 2023-2029
Food Colors Market
The Food Colors Market achieved a valuation of US$ 3.81 Bn in 2022, with projected revenue growth at 5.9% from 2023 to 2029, reaching a substantial US$ 5.69 Bn.
The report encompasses a thorough exploration of the Food Colors Market, covering market dynamics, segment analysis, regional insights, and key industry players. In addition, comprehensive data is presented through various analyses, including PORTER, SVOR, PESTEL, assessing micro-economic factors' potential impact.
Our meticulous research methodology, detailed in the report, ensures accurate and reliable insights into the Food Colors Market. Stakeholders can rely on the presented data for informed decision-making.
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Food Colors Market Dynamics:
The market is propelled by increased global demand for food and beverages, with a notable surge in beverage consumption. The BRICS nations' burgeoning food and beverage industry, coupled with initiatives promoting healthier lifestyles, further contributes to market growth.
Consumer concerns about natural carmine derived from cochineal insects are prompting the exploration of alternative options. Additionally, the market faces challenges related to shifting carmine prices and the search for viable substitutes.
Food Colors Market Regional Insights:
Europe is anticipated to dominate the Food Colors Market growth, driven by a robust bakery and confectionery industry and increasing consumer demand. Strict regulations on artificial food colors in Europe are expected to boost the market for natural food colors. In the Asia Pacific, the widespread use of nature-identical products in the production of alcoholic and non-alcoholic beverages is predicted to fuel market growth.
Asia Pacific is experiencing increased adoption of nature-identical products due to their superior qualities and cost-effectiveness. The widespread use of these products in alcoholic and non-alcoholic beverage production is predicted to fuel market growth.
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Food Colors Market Segmentation:
by Type
Synthetic
Red 40/Allura Red
Yellow No. 5
Yellow No. 6
Others
Natural
Beta Carotene
Astaxanthin
Anthocyanin
Annatto
Others
Natural-identical
Other Mixed Carotene
Lutein
Canthaxanthin
Lycopene
Curcumin
Titanium Dioxide
Others
Others
by Application
Dairy Food
Non-Dairy Food
CSD & Non-alcoholic Beverages
Alcoholic Beverages
by Source
Plants & Animals
Minerals & Chemicals
Microorganisms
by Form
Liquid
Powder
Gel
by Solubility
Dyes
Lakes
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Food Colors Market Key Players:
1. AromataGroup SRL (Fiorio Colori SPA)
2. Givaudan (Naturex S.A.)
3. Kalsec, Inc.
4. Archer Daniels Midland Company
5. Chr. Hansen A/S
6. D.D. Williamson & Co. Inc. (DDW)
7. Dohler Group
8. International Flavors & Fragrances
9. Koninklijke DSM N.V.
10.Sensient Technologies Corporation
11.CHR Hansen
12.Naturex
13.Roha Dye Chem Pvt. Ltd
14.ADM
15.International Flavors and Fragrances Corporation
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Table of content for the Food Colors Market includes:
1. Global Food Colors Market: Research Methodology
2. Global Food Colors Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Global Food Colors Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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