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Natural Food Color Ingredients Market Key Drivers, Business Insights, Trends And Forecast by 2027

Natural Food Color Ingredients Market

The natural food color ingredients market is expanding at a tremendous rate in the global market owing to an increase in the number of end-use applications.

NEW YORK, NEW YORK, UNITED STATES, February 9, 2022 / — Market Scope:

The natural food color ingredients market can expect to gain at a moderate pace of 7.79% between 2020 and 2027, reveals the in-depth study by Market Research Future (MRFR). The global market can account for close to USD 1.9 billion by the end of 2027, adds the study.

Top Growth Boosters and Restraints

Food products with natural color ingredients as well as clean labels enjoy significant demand across every region, thanks to the soaring health awareness, and surging spending capacity of the consumers. The alarming rise in food adulteration cases also enhances the demand for natural food color ingredients. Based on the accelerated demand, a huge number of manufacturers are now focused on bolstering their natural food & beverage product portfolios.
Given the non-toxic as well as lesser side effects nature, natural food color ingredients’ therapeutic use has been surging as well. Plus, governments’ mounting efforts to elevate the sales of natural food color ingredients owing to their biodegradability property further facilitates business growth. Besides, numerous regulations emerging in various regions encouraging the use of natural food color ingredients instead of synthetic food color ingredients will enhance the market size as well.

The global industry has a huge number of reputed manufacturers extensively integrated across the production to distribution phases of the entire value chain. Additionally, the majority of the vendors are part of product distribution largely via direct distribution channels and third-party distribution channels, which helps them bolster their global presence. Acquisitions, mergers, collaborations, agreements, and expansion of production capacity are the top strategical moves made by the manufacturers in the worldwide industry. To illustrate, in January 2022, Lycored set up a new processing unit in Branchburg for its carotenoids, amino acids, minerals, and vitamins. The processing plant offers significant capabilities for blending, milling, coating, and drying, with opportunities for customization.

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Segmental Insight

The global market, type-wise, has been divided into spirulina, paprika extract, curcumin, carotenoids, anthocyanin, chlorophyll, and others. The biggest share in the worldwide market belongs to carotenoids, which will capture a striking CAGR of 32.8%. Meanwhile, spirulina is showcasing substantial growth and will attain a CAGR of 8.35% from 2020 to 2027.

The natural food color ingredients have key applications in dairy products, beverages, bakery and confectionery, meat products, savory and snacks, and many more. The beverages category will be thriving at a pace of 6.75% over the forecasted period.

Natural food color ingredients are available in different forms, namely paste form, gel form, powder form, and liquid form.

Solubility-based segments are dyes and lakes.

Regional Study

Europe presides over the worldwide market, given the strong demand for nutraceuticals, especially in Germany, France and the UK. Demand for Spirulina in the region is significantly high, thanks to the advances in science and technology, surging healthcare costs and the changes in food laws affecting product as well as label claims. Consumers’ heightened emphasis on wellness and proper diet elevates the market’s growth rate as well.

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Asia Pacific will prevail as a strong market in the next few years, thanks to the fast economic growth, rising urbanization, and the booming middle-class populace. The stunning growth in the product demand is the outcome of the robust presence of numerous brands along with the rapidly developing dietary supplement industry, in addition to the escalating malnutrition cases. Surging government efforts to encourage the use of natural food color ingredients and the surge in research activities to augment the application scope should further favor the Asia Pacific industry.

Top Market Contenders

Chr. Hansen S/A (Denmark), Archer Daniels Midland Company (U.S.), Sensient Technology Corporation (U.S.), D.D. Williamson and Co. Inc. (DDW) (U.S.), Kalsec Inc. (U.S.), Doehler Group (Germany), FMC Corporation (U.S.) are the major developers of natural food color ingredients across the world.

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About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

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