The food colors market is projected to grow at a CAGR of 5.67% to reach US$3.037 billion by 2024, from US$2.182 billion in 2018.
Presentation is the key; hence food colors play an important role in attracting customers providing them a visual appeal leading to the product purchase. A food looking delicious holds importance as much as the taste does. Additionally, food colors also provide nutritional benefits as they are extracted from natural sources and therefore serve as one of the drivers driving the market growth. Apart from flavor and texture, food color also plays an important role in judging the food quality as one of the quality parameters by the quality control professionals in the food industry. Hence, the increasing use of food colors in the food and beverage industry will drive the growth of the global food colors market in the coming years.
• Increasing demand for convenience foods
• Rising consumer awareness
• Health hazards of synthetic colorants
• Stringent regulations
• In July 2018, ColorKitchen extends the shelf life and vibrancy of its natural colors products and segments.
• In 2015, Sensient food colors Europe developed proprietary technology in the extraction of Spirulina that complies with both EU guidelines and FDA quality specifications.
The major players profiled in the Food colors market are Archer Daniels Midland Company, DuPont Nutrition & Health, Chr. Hansen Holding A/S, DSM and Lycored Corp, Naturex S.A, Döhler GmbH, AromataGroup s.r.l, Kalsec Inc., and DDW The Colour House among others.
The food colors market has been analyzed through the following segments:
• By Type
o Natural food colors
o Synthetic food colors
• By Product Type
• By Distribution Channel
• By Geography
o North America
o South America
? United Kingdom
o Middle East and Africa
? Saudi Arabia
o Asia Pacific
? South Korea
Frequently Asked Questions (FAQs)
Q1. What will be the food colors market size by 2024?
A1. The food colors market is projected to reach a total market size of US$3.037 billion by 2024.
Q2. What is the size of the global food colors market?
A2. Food Colors Market was valued at US$2.182 billion in 2018.
Q3. What are the growth prospects for the food colors market?
A3. The global food colors market is projected to grow at a CAGR of 5.67% during the forecast period.
Q4. What factors are anticipated to drive the food colors market growth?
A4. The food colors provide nutritional benefits as they are extracted from natural sources and therefore serve as one of the drivers driving the market growth.
Q5. Who are the major players in the food colors market?
A5. The major players profiled in the Food colors market are Archer Daniels Midland Company, DuPont Nutrition & Health, Chr. Hansen Holding A/S, DSM and Lycored Corp, Naturex S.A, Döhler GmbH among others.
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCES ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. FOOD COLORS MARKET BY TYPE
5.1. NATURAL FOOD COLORS
5.2. SYNTHETIC FOOD COLORS
6. FOOD COLORS MARKET BY PRODUCT TYPE
7. FOOD COLORS MARKET BY DISTRIBUTION CHANNEL
8. FOOD COLORS MARKET BY GEOGRAPHY
8.1. NORTH AMERICA
8.2. SOUTH AMERICA
8.3.3. UNITED KINGDOM
8.4. MIDDLE EAST AND AFRICA
8.4.1. SAUDI ARABIA
8.5. ASIA PACIFIC
8.5.3. SOUTH KOREA
9. COMPETITIVE INTELLIGENCE
9.1. COMPETITIVE BENCHMARKING AND ANALYSIS
9.2. RECENT Investments AND DEALS
9.3. STRATEGIES OF KEY PLAYERS
10. COMPANY PROFILES
10.1. ARCHER DANIELS MIDLAND COMPANY
10.2. DUPONT NUTRITION & HEALTH
10.3. CHR. HANSEN HOLDING A/S
10.5. LYCORED CORP.
10.6. NATUREX S.A
10.7. DÖHLER GMBH
10.8. AROMATAGROUP S.R.L.
10.9. KALSEC INC.
10.10. DDW THE COLOUR HOUSE
LIST OF FIGURES
LIST OF TABLES
Archer Daniels Midland Company
DuPont Nutrition & Health
Chr. Hansen Holding A/S
DDW The Colour House
All our studies come with 2 months of analyst support.
We are in compliance with the global privacy laws.