Natural Food Colors And Flavors Global Market Report 2024 by The Business Research Company | Archer-Daniels-Midland Company, CHR. Hansen Holding A/S, Kerry Group plc, San-Ei Gen F.F.I. Inc., Symrise AG, International Flavors & Fragrances Inc., Sensient Te

The natural food colors and flavors market size has grown strongly in recent years. It will grow from $6.1 billion in 2023 to $6.56 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to consumer health awareness, regulatory changes, food and beverage industry growth, food allergies.

The natural food colors and flavors market size is expected to see strong growth in the next few years. It will grow to $9.1 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to plant-based products, clean meat and dairy alternatives, rising demand for organic foods, clean snacking, reduced sugar products. Major trends in the forecast period include technology innovation, clean-label certification, sustainability concerns, natural food color advancements, development of nutraceuticals.

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Natural Food Colors And Flavors Market Major Segments
The natural food colors and flavors market covered in this report is segmented -

1) By Color Type: Caramel, Carotenoids, Anthocyanins, Curcumin, Annatto, Copper Chlorophyllin, Capsanthin, Other Color Types
2) By Flavor Type: Natural Extracts, Aroma Chemicals, Essential Oils, Other Flavor Types
3) By Form: Liquid And Gel, Dry
4) By Application: Beverages, Bakery, Confectionery, Dairy And Frozen, Meat Products, Other Applications

Key Driver - Growing Health Concerns Propel Surge In Natural Food Colors And Flavors Market

Rising concerns regarding the health hazards posed by the consumption of synthetic colors drove the market for natural food colors and flavors. Synthetic food colors and flavors are chemicals that originate from coal tar derivatives, petroleum, or crude oil and cause health hazards such as high blood pressure, DNA mutation, obesity, infertility and others. For instance, Auramine is a food color known to retard growth and damages kidneys, liver. Lead chromate is yellow food color that can be dangerous to health causing anemia, abdominal pain, hypertension, neurological problem. According to the study published by the Brazilian Journal of Biology, the researchers fed 2ml of chocolate flavoring, 5ml of strawberry flavoring per Kg for a group of mice, and on day 6 all the mice died due to toxic effects on gene and cells. Therefore, the rising health hazards from the consumption of synthetic colors have raised concerns in consumers and this, in turn, drove the market for natural food colors and flavors.

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Prominent Trend - Localized Manufacturing Of Natural Food Colors And Flavors To Meet Regional Preferences

Natural food colors and flavors market manufacturers are increasingly manufacturing food colors and flavors according to the taste and preference of the local residents and this is an emerging trend in the food colors and flavors market. The act of localization creates demand for specific natural food coloring agents based on each region. Also, manufacturing food colors and flavors according to local demand reduces the shipping cost because the cost of fuel consumption is low compared to the fuel consumption due to shipping of products from long distances. For instance, Archer Daniels Midland (ADM), a US-based multinational food processing and commodities trading corporation, has a production facility in India that produces mint flavors according to the demand of Indian customers. This facility buys raw materials from local farmers and manufactures natural mint and other flavors. The localization also increases economic growth by boosting local manufacturers, creating jobs, and increasing spending.

Natural Food Colors And Flavors Market Players
Major companies operating in the natural food colors and flavors market include Archer-Daniels-Midland Company, CHR. Hansen Holding A/S, Kerry Group plc, San-Ei Gen F.F.I. Inc., Symrise AG, International Flavors & Fragrances Inc., Sensient Technologies Corporation, Givaudan SA, FMC Corporation, GNT International B.V., Kalsec Inc., Royal DSM N.V., Döhler, Naturex Group, ROHA Dyechem Pvt. Ltd., DDW The Color House, Aromata Group, BASF SE, Takasago International Corporation, DuPont de Nemours Inc., Mane SA, T. Hasegawa Co. Ltd., Firmenich SA, Robertet SA, Synergy Flavors Inc., Amar Bio-Organics Pvt. Limited, Taiyo International Inc., Besmoke Ltd., Gulf Flavors and Food Ingredients fzco, Seluz Fragrances & Flavors Company, Amway Corporation, Bell Flavors & Fragrances Inc., Frutarom Industries Ltd., Akay Natural Ingredients Private Limited, Plant Lipids Pvt. Ltd., AVT Natural Products Ltd., Colorcon Inc., Kancor Ingredients Limited, Kolorjet Chemicals Pvt. Ltd., Synthite Industries Ltd., Flavex Naturextracte GmbH

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Largest And Fastest Growing Region In The Market
Europe was the largest region in the natural food colors and flavors market in 2023. Asia-Pacific is expected to continue to be the fastest growing region in the forecast period. The regions covered in the natural food colors and flavors market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Natural Food Colors And Flavors Market Report Structure
3. Natural Food Colors And Flavors Market Trends And Strategies
4. Natural Food Colors And Flavors Market - Macro Economic Scenario
5. Natural Food Colors And Flavors Market Size And Growth
…..
27. Natural Food Colors And Flavors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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