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Meticulous Research® Projects Global Natural Food Colors Market to Reach $3.74 Billion by 2031

08-27-2024 08:46 AM CET | Food & Beverage

Press release from: Meticulous Research®

Meticulous Research®, a leading global market intelligence provider, has released a comprehensive report titled "Natural Food Colors Market by Type (Carotenoids, Anthocyanins, Betanin, Carmine), Source (Plant, Animal), Form (Liquid), Solubility (Water, Oil), Application (Processed Foods, Beverages), and Geography - Global Forecast to 2031."

Download Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5088

According to the latest analysis from Meticulous Research®, the global natural food colors market is poised to reach an estimated $3.74 billion by 2031, registering a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031. In terms of volume, the market is expected to achieve 194,988 tons by 2031, growing at a CAGR of 5.3% during the forecast period. This robust growth is driven by escalating consumer demand for organic foods, heightened awareness of clean-label products, and the increasing necessity to enhance product appeal. Additionally, advancements in research and development within the food and beverage industry, alongside the advent of microencapsulation technology for food colors, further propel market expansion.

However, the market faces challenges such as high costs of natural colorants and stringent regulatory frameworks. The market presents significant opportunities due to rising interest in novel raw materials, growing demand for plant-based foods, and emerging economies.

Key Industry Players
The report identifies leading industry players, including Oterra A/S (Denmark), Givaudan SA (Switzerland), Sensient Technologies Corporation (U.S.), Archer-Daniels-Midland Company (U.S.), DSM-Firmenich AG (Switzerland), BASF SE (Germany), Lycored, Ltd (Israel), Döhler Group (Germany), GNT Group B.V. (Netherlands), San-Ei Gen F.F.I., Inc. (Japan), Kalsec, Inc. (U.S.), Innovation Colour Technology S.L. (Spain), IFC Solutions (U.S.), Mane Kancor Ingredients Private Limited (India), Kolorjet Chemicals Pvt Ltd. (India).

Browse in Depth: https://www.meticulousresearch.com/product/natural-food-colors-market-5088

Market Segmentation Insights
• By Type: The market is categorized into carotenoids, anthocyanins, caramel, chlorophyll, curcumin, betanin, carmine, phycocyanin, and other natural food colors. Carotenoids are anticipated to dominate, with an expected 40.7% market share by 2024, driven by health benefits and growing demand in dairy, beverage, and confectionery sectors. The segment's expansion is also fueled by consumer preferences for natural ingredients and innovations in extraction and production methods.

• By Source: Natural food colors are derived from plants, minerals, microorganisms, and animals. The microorganisms segment is forecasted to grow at the highest CAGR of 8.2% during 2024-2031. The increased demand for sustainable, health-conscious food ingredients has spurred this growth, particularly for pigments derived from algae, fungi, and bacteria, which also offer antioxidant, anti-inflammatory, and antimicrobial benefits.

• By Form: Liquid forms are expected to lead the market, holding a 70.7% share in 2024. Their dominance is attributed to the benefits of liquid food coloring, such as enhanced viscosity, texture, stability, shelf life, and visual appeal, making them a preferred option for food and beverage manufacturers.

• By Solubility: Water-soluble natural food colors are projected to grow at a CAGR of 7.8% during the forecast period. This growth is largely driven by increasing demand for plant-based foods and innovations in natural colorant technology. The high color concentration and stability offered by water-soluble colorants further boost their demand in the food and beverage industry.

• By Application: The processed food products segment is expected to capture the largest share of the market by 2024, driven by the expansion of the processed food industry, consumer preference for natural colors due to concerns over synthetic additives, and the trend toward clean-label products. Within this segment, bakery and confectionery products are expected to hold the largest market share, fueled by shifting consumer eating habits, population growth, and increasing demand for convenience and premium foods.

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Regional Outlook
Europe is expected to lead the global natural food colors market, accounting for 35.4% of the market by 2024. The region's dominance is attributed to the stringent regulations governing synthetic food color usage, rising consumer demand for organic products, and significant investments in R&D. The presence of key market players also reinforces Europe's leading position in the natural food colors market.

Related Reports:
Food Colors Market - https://www.meticulousresearch.com/product/food-colors-market-4921
Natural Carotenoids Market - https://www.meticulousresearch.com/product/natural-carotenoids-market-5232
Carotenoids Market - https://www.meticulousresearch.com/product/carotenoids-market-5440
https://www.linkedin.com/pulse/algae-products-market-trends-growth-drivers-future-prospects-qwbyf/
https://www.linkedin.com/pulse/veterinary-rapid-diagnostic-tests-market-projected-growth-aexdf/

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email-
sales@meticulousresearch.com
Visit Our Website:
https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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