Food Colors Market Size Worth USD 4.77 Billion by 2026 | At a CAGR 8.19 %
Key companies covered in food colors market are Dohler Group, Archer-Daniels-Midland Co., Symrise AG, Ingredion, Inc., Sensient Technologies, Kalsec, Inc., DDW, Inc., Chr. Hansen, Koninklijke DSM NV , Naturex & other.
Pune, India, Nov. 28, 2022 (GLOBE NEWSWIRE) — The global food colors market size is predicted to reach USD 4.77 Billion by 2026, exhibiting a CAGR of 8.19% during the forecast period. The growing demand for reused food products and carbonated potables will boost the food colors request trends during the cast period. The rising shift towards all-natural and chemical-free products will bolster the healthy growth of the request in the forthcoming times. In addition, the adding mindfulness regarding the benefits of factory- deduced food constituents will accelerate the food colors request profit in the forthcoming times.
According to the published report by Fortune Business Insights, titled “Food Colors Market Size, Share & Industry Analysis, and Regional Forecast, 2019 – 2026” the market size stood at USD 2,552.41 million in 2018.
The food colors market report delivers a comprehensive description of the market dynamics and structure by relating and furnishing information regarding the crucial market parts. It also focuses on an each- encompassing analysis of leading market players by fiscal position, product, product portfolio, price, growth strategies, and indigenous presence. It offers PORTER’s analysis and geek analysis to record the question of shareholders and highlights the investment eventuality in the forthcoming future. It also showcases what procedures and strategies; companies are presently enforcing in the food colors market.
It further examines the ways and factors persuading expansion, growth patterns, confining factors, and market strategies.
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List of Key Players Mentioned in the Report:
- Dohler Group
- Archer-Daniels-Midland Co.
- Symrise AG
- Ingredion, Inc.
- Sensient Technologies
- Kalsec, Inc.
- DDW, Inc.
Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2019-2026 |
| Forecast CAGR | 8.19 % |
| 2026 Value Projection | USD 4.77 Billion |
| Base Year | 2018 |
| Food Colors Market Size in 2018 | USD 2.55 Billion |
| Historical Data | 2015-2017 |
| No. of Pages | 150 |
| Segments Covered | By Type, By Source, By Application |
| Food Colors Market Growth Drivers | Increased Consumption of Processed Food Products and Beverages to Fuel the Demand for Food Colors Market |
| Stringent Regulations to Curtail the Growth of the Food Colors Market |
Browse Summary of this Research Report:
https://www.fortunebusinessinsights.com/food-colors-market-102644
Competitive Landscape:
Launch of Technology Centre by Symrise to Boost Market Prospects
Symrise AG, a global leader and producer of flavors and fragrances launch its new Asia-Pacific Flavor Innovation and Technology Centre. The Centre is aimed to contribute to Asia’s regional food & nutrition hub, whilst boosting the local food manufacturing capabilities. The announcement of the Innovation and Technology Centre will bolster healthy growth of the market in the forthcoming years owing to the 30 € million expansion of its regional headquarters in Singapore, which will help food manufacturers in many ways. Furthermore, Chief Executive Officer of Symrise AG, Dr Heinz-Jürgen Bertram, said in a statement, “Asia is fast becoming one of the main global sources of influence and inspiration for innovative food products. In addition, major centres for business, lifestyle, technology, health and nutrition like Singapore will be at the heart of this megatrend. He further added, “Similarly, Singapore will continue to be within the heart of our growth story and I believe the new research and innovation facilities will ignite greater collaboration, connectivity and creativity among industry stakeholders, that will further develop Singapore’s food research and manufacturing industry capabilities.” In addition, the growing consumption of food items among general population will subsequently aid the expansion of the food colors market.
Regional Analysis:
High Consumption of Packaged Food to Promote Growth in North America
North America generated a revenue of USD 667.77 million in 2018 and is predicted to witness high growth during the forecast period owing to the growing demand for natural food colors among manufacturers. The rising number of bans on synthetic colors for ecological and toxicological reasons will positively contribute to the growth of the market in North America. The increasing westernization and commercialization will bolster healthy growth of the market in the region. The rising demand for carbonated drinks will fuel demand for natural and synthetic colors, which, in turn, will augur well for the market. The growing consumption of ready-to-eat snacks will create opportunities for the market in Asia Pacific in the forthcoming years. The surge in working population along with rising disposable income will stimulate growth in the countries of Asia Pacific
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Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Key Insights
- Overview of the Parent/Related Markets
- Industry SWOT Analysis
- Supply Chain and Regulatory Analysis
- Recent Industry Developments – Policies, Partnerships, New Type Launches, and Mergers & Acquisitions
- Global Food Colors Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Type
- Natural
- Synthetic
- Naturally-identical
- Caramel
- Others
- By Source
- Plant and Animals
- Chemicals
- Others
- By Application
- Processed Food Types
- Dairy Types
- Non-Dairy Types
- Beverages
- Alcoholic
- Non-alcoholic
- Processed Food Types
- By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Type
- North America Food Colors Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Type
- Natural
- Synthetic
- Naturally-identical
- Caramel
- Others
- By Source
- Plant and Animals
- Chemicals
- Others
- By Application
- Processed Food Types
- Dairy Types
- Non-Dairy Types
- Beverages
- Alcoholic
- Non-alcoholic
- Processed Food Types
- By Country (Value)
- U.S
- Canada
- Mexico
- By Type
TOC Continued…!
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