Natural Food Colors Market
Natural Food Colors Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Carmine, Anthocyanins, Caramel, Annatto, Carotenoids, Chlorophyll, Spirulina, Turmeric, Beet, Others
- By Source Plant, Mineral, Micro-Organism, Animal
- By Form Liquid, Powder, Gel, Emulsion, Manufacturer Analysis
- By Solubility Water, Dye, Oil
- By Application Processed Food Products, Beverages
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1860.40 Million |
Revenue 2030: | USD 3342.77 Million |
Revenue CAGR (2023 - 2030): | 7.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Natural Food Colors Market by Type by Source by Form by Solubility by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills data requirements pertaining to first-hand information global market size, regional and segmental trends, competitive landscape expertise development and market understandings among others.
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Natural Food Colors market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market.
FAQ
Frequently Asked Question
What is the global demand for Natural Food Colors in terms of revenue?
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The global Natural Food Colors valued at USD 1860.40 Million in 2022 and is expected to reach USD 3342.77 Million in 2030 growing at a CAGR of 7.60%.
Which are the prominent players in the market?
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The prominent players in the market are 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).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 7.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Natural Food Colors include
- Growth in the demand for natural and clean label products
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Natural Food Colors in 2022.