Market Overview:
The global micronized color powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for micronized color powders from various applications, such as food & beverage, bakery & confectionery, and chewing gum. In addition, the growing demand for organic micronized color powders is also contributing to the growth of this market. However, factors such as stringent regulations on use of synthetic colors and volatility in prices of raw materials are restraining the growth of this market. On the basis of type, organic micronized color powders are expected to witness higher growth than conventional micronized color powders during the forecast period. This can be attributed to rising consumer awareness about benefits associated with using organic products and inclination towards natural ingredients in food products. On the basis of application, food & beverage segment is projected to account for a major share in terms of revenue in 2018 and is expected grow at a CAGR over 6% during 2018-2030 owing high consumption across all regions globally coupled with increase trend towards ready-to-eat meals/products which requires coloring agents for attractive appearance .
Product Definition:
A micronized color powder is a finely ground pigment that is used to color cosmetics, soap, and other personal care products. It is important because it helps to create a consistent product with even coverage.
Organic:
Organic color powder is a natural pigment, extracted from plant or animal sources. The most commonly used organic colors are red, yellow and blue. Organic pigments are widely used in paints & coatings, printing inks and cosmetics industries owing to their excellent properties such as high tinting strength and good light fastness along with low environmental impact on production process.
Conventional:
Conventional color powder is a mixture of pigments, fillers and stabilizers used as coloring agents in the cosmetics industry. Conventional color powders are available in different forms such as liquid, pastes and flakes. The most commonly used conventional colors are red, blue and green which can be found in almost all the cosmetic products including lipsticks, nail paints & polishes among others.
Application Insights:
The others segment held the largest market share of more than 40.0% in 2017 and is expected to witness significant growth over the forecast period. Other applications include personal care, pharmaceuticals, and cosmetics industries. The global micronized color powder market has witnessed a surge in demand from food & beverage industry owing to its wide application scope including ice cream toppings, sauces/dressings for fast foods, bakery products such as cakes and pastries along with confectionery items such as chocolates and candies among others.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the increasing demand for micronized color powder from various end-use industries such as food & beverage, pharmaceuticals, cosmetics and others. In North America, the U.S.
Asia Pacific is expected to be one of the fastest growing regional markets over the forecast period owing to rapid industrialization coupled with developing economies such as China.
Europe was another key region accounting for more than 20% share of total revenue globally in 2017 owing to high demand coming from countries like Germany Italy France UK etc.
Growth Factors:
- Increasing demand for color cosmetics and personal care products
- Rising awareness about the benefits of micronized color powder
- Growing popularity of natural and organic cosmetics products
- Proliferation of online retail channels
- Innovation in product formulation
Scope Of The Report
Report Attributes
Report Details
Report Title
Micronized Color Powder Market Research Report
By Type
Organic, Conventional
By Application
Food & Beverage, Bakery & Confectionery, Chewing Gum, Others
By Companies
GNT Group, Archer Daniels Midland
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Micronized Color Powder Market Report Segments:
The global Micronized Color Powder market is segmented on the basis of:
Types
Organic, Conventional
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 & Beverage, Bakery & Confectionery, Chewing Gum, Others
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:
- GNT Group
- Archer Daniels Midland
Highlights of The Micronized Color Powder 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:
- Organic
- Conventional
- By Application:
- Food & Beverage
- Bakery & Confectionery
- Chewing Gum
- Others
- 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 Micronized Color Powder 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?
Micronized color powder is a type of pigment that has been ground down to the smallest possible particle size. This makes it more efficient and effective when used in products, as it allows for a greater range of colors to be produced.
Some of the key players operating in the micronized color powder market are GNT Group, Archer Daniels Midland.
The micronized color powder 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 Micronized Color Powder 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 Micronized Color Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micronized Color Powder 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 Micronized Color Powder 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 Micronized Color Powder Market Size & Forecast, 2018-2028
4.5.1 Micronized Color Powder Market Size and Y-o-Y Growth
4.5.2 Micronized Color Powder Market Absolute $ Opportunity
Chapter 5 Global Micronized Color Powder 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 Micronized Color Powder Market Size Forecast by Type
5.2.1 Organic
5.2.2 Conventional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micronized Color Powder 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 Micronized Color Powder Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Bakery & Confectionery
6.2.3 Chewing Gum
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micronized Color Powder 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 Micronized Color Powder 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 Micronized Color Powder Analysis and Forecast
9.1 Introduction
9.2 North America Micronized Color Powder 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 Micronized Color Powder Market Size Forecast by Type
9.6.1 Organic
9.6.2 Conventional
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 Micronized Color Powder Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Bakery & Confectionery
9.10.3 Chewing Gum
9.10.4 Others
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 Micronized Color Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Micronized Color Powder 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 Micronized Color Powder Market Size Forecast by Type
10.6.1 Organic
10.6.2 Conventional
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 Micronized Color Powder Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Bakery & Confectionery
10.10.3 Chewing Gum
10.10.4 Others
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 Micronized Color Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micronized Color Powder 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 Micronized Color Powder Market Size Forecast by Type
11.6.1 Organic
11.6.2 Conventional
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 Micronized Color Powder Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Bakery & Confectionery
11.10.3 Chewing Gum
11.10.4 Others
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 Micronized Color Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Micronized Color Powder 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 Micronized Color Powder Market Size Forecast by Type
12.6.1 Organic
12.6.2 Conventional
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 Micronized Color Powder Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Bakery & Confectionery
12.10.3 Chewing Gum
12.10.4 Others
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) Micronized Color Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micronized Color Powder 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) Micronized Color Powder Market Size Forecast by Type
13.6.1 Organic
13.6.2 Conventional
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) Micronized Color Powder Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Bakery & Confectionery
13.10.3 Chewing Gum
13.10.4 Others
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 Micronized Color Powder Market: Competitive Dashboard
14.2 Global Micronized Color Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GNT Group
14.3.2 Archer Daniels Midland
