Market Overview:
The global food colorants market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural and synthetic food colorants from the food and beverage industry. In terms of type, the natural segment is projected to lead the global food colorants market during the forecast period. This can be attributed to factors such as consumer preference for natural ingredients and rising awareness about health benefits associated with consumption of foods containing natural colors. In terms of application, the food segment is projected to lead the global food colorants market during 2018-2030.
Product Definition:
Food colorants are substances used to change the color of food. They can be natural or artificial. Food colorants are important because they make food look more appealing and can also affect its taste.
Natural:
Natural colorants are derived from plant, animal and microbial sources. The demand for natural colorants is increasing in the food & beverage industry owing to rising health awareness among consumers and stringent regulations regarding synthetic additives. Natural colors have no adverse effects unlike synthetic ones which makes them suitable for use as a food additive.
Natural Identical:
Natural identical is a type of food colorants that are produced from the same source and have similar chemical properties as that of conventional synthetic food colors. Natural identicals can be used in place of conventional synthetic colors without changing the overall flavor.
The global natural identical market size was valued at USD 1,Bn in 2015.
Application Insights:
The food application segment led the global market in 2017 and is projected to register a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and bakery products across the globe. Food colorants are added to enhance taste as well as appearance of various food products such as ice creams, cakes & pastries, beverages (such as juices), chocolates and candies among many others.
Beverages held the second largest share in 2017 owing to rising demand for flavored beverages such as energy drinks among other soft drinks worldwide. Furthermore, new product launches coupled with growing consumer acceptance of functional ingredients are expected to drive industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for more than 40% of the global population, and thus it has a significant impact on food consumption patterns across the globe. China, India, Japan, South Korea and Taiwan are some of Asia Pacific’s largest economies with growing middle-class populations that prefer packaged & processed foods along with increasing disposable incomes. These factors are projected to have a positive impact on regional growth over next seven years.
Europe accounted for more than 20% share in terms of revenue in 2017 owing to high demand from end-use industries such as cosmetics & personal care; pharmaceuticals; bakery & confectionery products; meat products; alcoholic beverages etc.
Growth Factors:
- Increasing demand for natural and organic food products
- Rising awareness about the benefits of food colorants
- Growing demand from emerging markets
- Technological advancements in the food colorants industry
- Stringent regulations on food additives
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Colorants Market Research Report
By Type
Natural, Natural Identical, Synthetic, Caramel
By Application
Food, Beverages
By Companies
Cargill, BASF SE, Koninklijke, FMC, DDW, Hanse, GNT, Naturex, Lycored, San-Ei, Sensient Colors, Sethness Caramel Color, WILD Flavors and Specialty Ingredients, Riken Vitamin, Lake foods, Aarkay
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Food Colorants Market Report Segments:
The global Food Colorants market is segmented on the basis of:
Types
Natural, Natural Identical, Synthetic, Caramel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverages
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- BASF SE
- Koninklijke
- FMC
- DDW
- Hanse
- GNT
- Naturex
- Lycored
- San-Ei
- Sensient Colors
- Sethness Caramel Color
- WILD Flavors and Specialty Ingredients
- Riken Vitamin
- Lake foods
- Aarkay
Highlights of The Food Colorants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Natural Identical
- Synthetic
- Caramel
- By Application:
- Food
- Beverages
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Colorants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food colorants are chemicals that are added to food to make it look different colors, such as blueberry yogurt.
Some of the major companies in the food colorants market are Cargill, BASF SE, Koninklijke, FMC, DDW, Hanse, GNT, Naturex, Lycored, San-Ei, Sensient Colors, Sethness Caramel Color, WILD Flavors and Specialty Ingredients, Riken Vitamin, Lake foods, Aarkay.
The food colorants market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Colorants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Colorants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Colorants Market - Supply Chain
4.5. Global Food Colorants Market Forecast
4.5.1. Food Colorants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Colorants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food Colorants Market Absolute $ Opportunity
5. Global Food Colorants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food Colorants Market Size and Volume Forecast by Type
5.3.1. Natural
5.3.2. Natural Identical
5.3.3. Synthetic
5.3.4. Caramel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food Colorants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food Colorants Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Beverages
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food Colorants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food Colorants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food Colorants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food Colorants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food Colorants Demand Share Forecast, 2019-2026
9. North America Food Colorants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food Colorants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food Colorants Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Beverages
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food Colorants Market Size and Volume Forecast by Type
9.7.1. Natural
9.7.2. Natural Identical
9.7.3. Synthetic
9.7.4. Caramel
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food Colorants Demand Share Forecast, 2019-2026
10. Latin America Food Colorants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food Colorants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food Colorants Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Beverages
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food Colorants Market Size and Volume Forecast by Type
10.7.1. Natural
10.7.2. Natural Identical
10.7.3. Synthetic
10.7.4. Caramel
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food Colorants Demand Share Forecast, 2019-2026
11. Europe Food Colorants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food Colorants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food Colorants Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Beverages
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food Colorants Market Size and Volume Forecast by Type
11.7.1. Natural
11.7.2. Natural Identical
11.7.3. Synthetic
11.7.4. Caramel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potentil Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food Colorants Demand Share, 2019-2026
12. Asia Pacific Food Colorants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food Colorants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food Colorants Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Beverages
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food Colorants Market Size and Volume Forecast by Type
12.7.1. Natural
12.7.2. Natural Identical
12.7.3. Synthetic
12.7.4. Caramel
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food Colorants Demand Share, 2019-2026
13. Middle East & Africa Food Colorants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food Colorants Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food Colorants Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Beverages
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food Colorants Market Size and Volume Forecast by Type
13.7.1. Natural
13.7.2. Natural Identical
13.7.3. Synthetic
13.7.4. Caramel
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food Colorants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food Colorants Market: Market Share Analysis
14.2. Food Colorants Distributors and Customers
14.3. Food Colorants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF SE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Koninklijke
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FMC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DDW
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hanse
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GNT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Naturex
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lycored
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. San-Ei
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sensient Colors
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sethness Caramel Color
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. WILD Flavors and Specialty Ingredients
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Riken Vitamin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lake foods
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Aarkay
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook