Natural Food Colors Market is expected to grow with a CAGR 7.9% from 2022 to 2028
As stated in our extensive report; providing insights on Type, Source, Form, Solubility, Application, and Region; the Global Natural Food Colors Market accounted for USD 1,729.4 Million in the year 2021.
“Key Factors Likely to Drive Growth of Natural Food Colors Market”
Food coloring is used in commercial food production as well as in domestic cooking. Food colors enhance the color of processed food or cooked food. Natural food colors are obtained from foods and other edible natural source materials obtained by physical or chemical extraction of the pigments relative to the nutritive constituents. They come in many forms like gel, powder, liquid, and pastes. An increase in the demand for natural food colors decreases the demand for synthetic food colors which are harmful to health as well as to the environment.
Consumers' awareness of clean-label products has been increasing, owing to the rise in health awareness and food adulteration. As a result, consumers look at the label before purchasing any product, which could be a growth driver for increasing sales of natural food colors. The awareness of various health factors increases the demand for these natural food colors. An increase in working culture modernization and standard led to the consumption of processed or packaged food.
The high prices of these colors are works as a hurdle in the expected growth of the market in the future. Consumers face various challenges related to the expensiveness of natural food colors, owing to the complex process of extraction.
The global food industry becoming more customer-centric and changing rapidly with the taste, choices, and preferences of the consumers. In past years, there has been tremendous growth in the number of consumers who are started using only natural food colors instead of using synthetic food colors.
North America holds the largest share of the natural food color market. Followed by Europe with a very less margin. Along with this, developing regions are also expected to grow in the natural food color market during the forecast period because of rapid expansion in food industries owing to urbanization.
Some of the key players in the Global Natural Food Colors Market include CHR Hansen Holding A/S (Denmark), Koninklijke DSM N.V. (Netherlands), Sensient Technologies Corporation (U.S.), Archer Daniels Midland Company (U.S.), Döhler Group (Germany), D.D. Williamson & Co. Inc. (U.S.), Naturex S.A. (France), Aromata Group S. R. L (Italy), Kalsec Inc. (U.S.), FMC Corporation (U.S.), BASF SE (Germany) (Israel), Lycored Ltd. (Israel), GNT Group B. V. (Netherlands), San-Ei Gen F.F.I. Inc. (Japan), Phinix International (India), Kolorjet Chemicals Pvt. Ltd. (India), Vinayak Ingredients India Pvt. Ltd. (India), IFC Solutions. (U.S.), INCOLTEC (Spain) and others.
Browse the full Report - Natural Food Colors Market Size, Share & Trends Analysis Report by Type (Carmine, Anthocyanins, Caramel, Annatto), by Source (Plant, Mineral, Micro-organism, Animal), by Form (Liquid, Powder, Gel, Emulsion), by Solubility (Water, Dye, Oil), by Application (Processed food products, Beverages), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)