Natural Food Color Market By Application(Dairy & Frozen Products, Beverages, Bakery, Confectionery) By Type(Anthocyanins, Carotenoids, Caramel, Copper Chlorophyllin).
GLOBAL NATURAL FOOD COLOR MARKET was valued at USD 1.32 Billion in the year 2017. Global Natural Food Color Market is further estimated to grow at a CAGR of 6.84% from 2018 to reach USD 1.97 Billion by the year 2023.
North America region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S.
holds the highest market share in 2017 and it is projected to grow at a gradual pace in the coming years.
Naturex S.A. (France), BASF SE (Germany), Symrise AG (Germany), DDW The Colour House (U.S.), Chr. Hansen Holding A/S (Denmark), Kalsec Inc.
(U.S), International Flavors & Fragrances Inc. IFF (U.S.), FMC Corporation (U.S.), Archer Daniels Midland Company (U.S.), Doehler GmbH (Germany), Sensient Technologies Corporation (U.S.), Roha Dyechem Pvt.
Ltd. (India), are some of the key players in the Natural Food Color Market with BASF SE holding the significant market share because of its better global presence both at production and at an operational level. Rising research and development expenses to address the changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
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Obtained from plant-based and renewable sources
Usage of Biocolorant as antioxygen, antimicrobials to avoid diseases and disorders
The tedious & lengthy color extraction process.
Higher processing cost than the synthetic dyes
Increasing demand for natural product
Threats from the substitute product
The low color value, Unstable and Volatile extraction process
The caramel segment is expected to hold the highest market share during the forecast period. On the other hand, the beverages sector is also expected to grow at the highest CAGR during the year 2018-2023.
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Key Benefits for Stakeholders
Natural Food Color, Biocolorant Manufacturers, Distributors and Retailers
Food Processing Companies
Organic Food Manufacturers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Dairy & Frozen Products
Key Market Players
DDW The Colour House
Chr. Hansen Holding A/S
International Flavors & Fragrances Inc. IFF
Archer Daniels Midland Company
Sensient Technologies Corporation
Roha Dyechem Pvt. Ltd.
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