Market Overview:
The global blended food color 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 organic food products, rising awareness about the benefits of using blended food colors, and growing application areas. Based on type, the global blended food color market is segmented into regular blended colors, tailor made blended colors, and lake blended food colors. The regular blend category is further divided into synthetic and nature-based blends. Of these segments, the regular blend category is expected to account for the largest share of the global market in 2018. This can be attributed to its low cost as compared to tailor made or lake blends and its wide availability across regions. However, with consumers becoming more health conscious and demanding better quality products with fewer additives such as artificial flavors or coloring agents, there is a growing demand for tailor made or lake blends which offer superior quality than regular blends. These blends are also used in applications where specific shades are required that cannot be achieved through standard blending methods alone. Based on application area, the global blenderd food color market is segmented into two categories: Food & Beverages Industry and Pharmaceuticals & Cosmetics Industry . The Food & Beverages industry accounted for majority share of this market in 2017 owing to increase use of natural dyes by manufacturers across various product categories such as bakery items , confectioneries , dairy products etc .
Product Definition:
Blended food color is a mixture of two or more colors to create a new color. It is important to use blended food color because it can create more realistic and accurate colors than using one food dye alone.
Regular Blended Colors:
Regular blended colors are those that have been extensively used in the food industry. These blends are composed of pigments and additives which can be used as a coloring agent in numerous products such as bakery, confectionery, dairy & frozen foods, beverages (non-alcoholic), meat & seafood and pet foods among others. The demand for these regular blends is expected to grow at a steady rate owing to their widespread use by the food processing companies.
Tailor Made Blended Colors:
Tailor made blended colors are a combination of two or more natural food colorants that have been chemically combined to produce an enhanced effect. The process does not require any complicated machinery and is thus an easy process to practice.
The demand for tailor made blended colors has increased over the past few years owing to their usage in producing convenience foods such as bakery products, confectionery, dairy & frozen products and processed meat among others.
Application Insights:
Food & beverage industry was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. Rising demand for flavored milk, carbonated soft drinks, energy drinks and alcoholic beverages are expected to drive blended colors market growth. In addition, increasing consumption of ready-to-eat (RTE) foods is anticipated to fuel product demand during the forecast period.
Pharmaceutical and cosmetics industry are also likely to witness significant growth owing to rising consumer preference for pharmaceutical products that contain natural ingredients with no side effects.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from bakery and confectionery industry. The region is expected to maintain its dominance over the forecast period due to increasing application of natural food colors in countries, such as Germany, U.K., France, Italy and Spain. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to rising product demand from various end-use industries including pharmaceuticals & cosmetics and food & beverages sector.
The growth can also be attributed towards rapid industrialization coupled with growing population along with increased disposable income levels in emerging economies like China and India which has led them becoming major exporters of agricultural products worldwide; this will have a positive impact on global blended food color industry growth over the next eight years.
Growth Factors:
- Increasing demand for natural food colors: The global blended food color market is driven by the increasing demand for natural food colors. Consumers are becoming more aware of the health benefits of consuming foods with natural ingredients and are demanding products that contain fewer artificial additives. This is driving manufacturers to seek out alternative sources of coloring agents, such as plant extracts and edible insects, which can be used to create vibrant and all-natural hues.
- Rising popularity of functional foods: Blended food colorants are also being increasingly used in functional foods as a means of delivering health benefits such as improved cognitive function, better digestion, and enhanced immune system function. As consumers become more interested in the potential health benefits offered by these products, the market for blended food colors is expected to grow at a healthy rate over the next few years.
- Growing demand from emerging markets: A large portion of future growth for blended food colorants will come from emerging markets such as China and India where rising incomes and an expanding middle class are fueling increased demand for processed foods containing colorful additives. These regions offer significant opportunities for growth due to their large population sizes and growing economies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Blended Food Color Market Research Report
By Type
Regular Blended Colors, Tailor Made Blended Colors, Lake Blended Food Colors
By Application
Food & Beverages Industry, Pharmaceutical and Cosmetic Industry
By Companies
Sun Food Tech, Rexza Colors & Chemicals, Exim India Corporation, Preema International, Ornua Nutrition Ingredients, Sun Food Tech
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Blended Food Color Market Report Segments:
The global Blended Food Color market is segmented on the basis of:
Types
Regular Blended Colors, Tailor Made Blended Colors, Lake Blended Food Colors
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 Industry, Pharmaceutical and Cosmetic Industry
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:
- Sun Food Tech
- Rexza Colors & Chemicals
- Exim India Corporation
- Preema International
- Ornua Nutrition Ingredients
- Sun Food Tech
Highlights of The Blended Food Color 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:
- Regular Blended Colors
- Tailor Made Blended Colors
- Lake Blended Food Colors
- By Application:
- Food & Beverages Industry
- Pharmaceutical and Cosmetic Industry
- 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 Blended Food Color 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
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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?
Blended food color is a mixture of two or more food colors that are blended together to create a new color.
Some of the key players operating in the blended food color market are Sun Food Tech, Rexza Colors & Chemicals, Exim India Corporation, Preema International, Ornua Nutrition Ingredients, Sun Food Tech.
The blended food color market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blended Food Color Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Blended Food Color Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blended Food Color Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Blended Food Color Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Blended Food Color Market Size & Forecast, 2018-2028
4.5.1 Blended Food Color Market Size and Y-o-Y Growth
4.5.2 Blended Food Color Market Absolute $ Opportunity
Chapter 5 Global Blended Food Color Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Blended Food Color Market Size Forecast by Type
5.2.1 Regular Blended Colors
5.2.2 Tailor Made Blended Colors
5.2.3 Lake Blended Food Colors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Blended Food Color Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Blended Food Color Market Size Forecast by Applications
6.2.1 Food & Beverages Industry
6.2.2 Pharmaceutical and Cosmetic Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blended Food Color Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Blended Food Color Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Blended Food Color Analysis and Forecast
9.1 Introduction
9.2 North America Blended Food Color Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Blended Food Color Market Size Forecast by Type
9.6.1 Regular Blended Colors
9.6.2 Tailor Made Blended Colors
9.6.3 Lake Blended Food Colors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Blended Food Color Market Size Forecast by Applications
9.10.1 Food & Beverages Industry
9.10.2 Pharmaceutical and Cosmetic Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Blended Food Color Analysis and Forecast
10.1 Introduction
10.2 Europe Blended Food Color Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Blended Food Color Market Size Forecast by Type
10.6.1 Regular Blended Colors
10.6.2 Tailor Made Blended Colors
10.6.3 Lake Blended Food Colors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Blended Food Color Market Size Forecast by Applications
10.10.1 Food & Beverages Industry
10.10.2 Pharmaceutical and Cosmetic Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Blended Food Color Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Blended Food Color Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Blended Food Color Market Size Forecast by Type
11.6.1 Regular Blended Colors
11.6.2 Tailor Made Blended Colors
11.6.3 Lake Blended Food Colors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Blended Food Color Market Size Forecast by Applications
11.10.1 Food & Beverages Industry
11.10.2 Pharmaceutical and Cosmetic Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Blended Food Color Analysis and Forecast
12.1 Introduction
12.2 Latin America Blended Food Color Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Blended Food Color Market Size Forecast by Type
12.6.1 Regular Blended Colors
12.6.2 Tailor Made Blended Colors
12.6.3 Lake Blended Food Colors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Blended Food Color Market Size Forecast by Applications
12.10.1 Food & Beverages Industry
12.10.2 Pharmaceutical and Cosmetic Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Blended Food Color Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Blended Food Color Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Blended Food Color Market Size Forecast by Type
13.6.1 Regular Blended Colors
13.6.2 Tailor Made Blended Colors
13.6.3 Lake Blended Food Colors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Blended Food Color Market Size Forecast by Applications
13.10.1 Food & Beverages Industry
13.10.2 Pharmaceutical and Cosmetic Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Blended Food Color Market: Competitive Dashboard
14.2 Global Blended Food Color Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sun Food Tech
14.3.2 Rexza Colors & Chemicals
14.3.3 Exim India Corporation
14.3.4 Preema International
14.3.5 Ornua Nutrition Ingredients
14.3.6 Sun Food Tech
