Plant-Based Food Colors Market to Reach USD 17.9 Billion by 2034, Driven by Rising Demand for Natural Ingredients

The global plant-based food colors industry is projected to be valued at USD 10.7 billion by 2024 and is expected to grow at a CAGR of 5.5%, reaching USD 17.9 billion by 2034.

Plant-based food colors are derived from natural sources such as fruits, vegetables, and other plant materials. These colors are rich in pigments like chlorophyll (green), carotenoids (yellow and orange), anthocyanins (blue and red), and flavonoids, which contribute to the vibrant hues of natural foods.

Recognized as natural alternatives to synthetic dyes, plant-based food colors are extracted from sources like turmeric, beetroot, henna, and paprika. The growing consumer shift toward natural and organic food products, driven by rising health consciousness, has fueled demand for these colors.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐓𝐨𝐝𝐚𝐲! https://www.futuremarketinsights.com/report-sample#5245502d47422d39343431

While synthetic colors have traditionally been used to enhance the visual appeal of food, changing consumer preferences for healthier and high-quality options have prompted food manufacturers to adopt natural ingredients. This shift has led to increased research and innovation in sourcing and developing plant-based food colors.

Additionally, the rising popularity of vegan food products is further accelerating the demand for plant-based food colors, as manufacturers strive to meet evolving consumer expectations in the food and beverage industry.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

Rising Consumer Awareness: Consumers are becoming more health-conscious, driving the preference for natural over synthetic additives.

Regulatory Support: Stringent government regulations restricting synthetic food dyes are accelerating the adoption of plant-based alternatives.

Expanding Applications: From dairy and confectionery to beverages and processed foods, plant-based colorants are being widely adopted.

Advancements in Extraction Technologies: Innovations in extraction and formulation techniques are enhancing the stability and vibrancy of natural colors.

Sustainability Focus: Increasing demand for eco-friendly and non-GMO ingredients is pushing manufacturers to innovate within the plant-based food color market.

𝐆𝐚𝐢𝐧 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐤𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐨𝐨𝐝 𝐜𝐨𝐥𝐨𝐫 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐜𝐨𝐯𝐞𝐫𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐫𝐞𝐧𝐝𝐬, 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬, 𝐚𝐧𝐝 𝐟𝐮𝐭𝐮𝐫𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐩𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬: https://www.futuremarketinsights.com/industry-analysis/food-color

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

The market for plant-based food colors is very dynamic and highly competitive. However, among the key players are Givaudan (Naturex), Sensient Technologies, and Chr. Hansen Holding.

They are strong investors in research and development, which has been driving innovation in sustainable, high-performance plant-based color solutions. The focus on advanced extraction technologies and environmentally friendly production methods keeps companies afloat above the competition.

To increase market coverage as well as secure a continuous supply of raw materials of adequate quality, companies pursue their strategies in the form of vertical integration and strategic acquisitions.

Givaudan, for example, consolidated its market position by taking over smaller companies dealing with natural ingredients for food color, thereby increasing its portfolio and making its supply chain more efficient. Likewise, Chr. Hansen has positioned itself on the regional dimension by focusing on local agricultural producers to better penetrate the consumer demand of certain regions.

𝐅𝐨𝐫 𝐢𝐧𝐬𝐭𝐚𝐧𝐜𝐞

In 2024, GNT Group launched a new series of EXBERRY® plant-based colors specifically designed for high-temperature applications like baked goods and confectionery to respond to the increasing demand for versatile, heat stable solutions.

Sensient Technologies launched in 2023 its first commercial color line based on pH-stable anthocyanin, designed for beverages and dairy with vivid, natural hues and compatibility with different formulations.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐍𝐨𝐰! https://www.futuremarketinsights.com/reports/plant-based-food-colors-market

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐁𝐫𝐚𝐧𝐝𝐬
Givaudan (Naturex)
Sensient Technologies
Chr. Hansen Holding
Symrise AG
ADM (Archer Daniels Midland)
BASF SE
GNT Group
Döhler Group
Kalsec Inc.
Roha Dyechem
Synthite Industries
Kancor Mane
Guangzhou Qianyi
Qingdao Scitech
GreenEx Food
Plantae Biosciences
AmiNova (Skretting)
MiAlgae
NaturAlgae
Cargill
BioMar
Alltech
Waterbase Ltd.
Avanti Feeds
Others

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭
𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞:
As per product type, the industry has been categorized into Carotenoid, Anthocyanin, Chlorophyll, Annatto, Phycocyanin, Curcumin and Others.

𝐁𝐲 𝐅𝐨𝐫𝐦:
As per Form, the industry has been categorized into Liquid and Dry.

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:
This segment is further categorized into Bakery & Confectionery Products, Beverages, Packaged Food/Frozen Products, Dairy Food Products and Others.

𝐁𝐲 𝐒𝐨𝐥𝐮𝐛𝐢𝐥𝐢𝐭𝐲:
As per Solubility the market is segmented into Water and Dye.

𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:
Industry analysis has been carried out in key countries of North America, Latin America, Western Europe Eastern Europe, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and Middle East & Africa.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐌𝐈'𝐬 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐨𝐧𝐠𝐨𝐢𝐧𝐠 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞 𝐢𝐧 𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐃𝐨𝐦𝐚𝐢𝐧:
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Fox Nuts Market: https://www.futuremarketinsights.com/reports/fox-nuts-market
Chicory Market: https://www.futuremarketinsights.com/reports/chicory-market
Freshwater Fish Market: https://www.futuremarketinsights.com/reports/freshwater-fish-market
Healthy Food Market: https://www.futuremarketinsights.com/reports/healthy-food-market
Cooking Coconut Milk Market: https://www.futuremarketinsights.com/reports/cooking-coconut-milk-market
Hemp Protein Powder Market: https://www.futuremarketinsights.com/reports/hemp-protein-powder-market

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This release was published on openPR.