Food Colorants Market – Global Industry Analysis and Forecast (2023-2029) by Type, Application and Region

Food Colorants Market size was valued at US$ 4.48 Bn. in 2022 and the total revenue is expected to grow at 4.7% through 2023 to 2029, reaching nearly US$ 6.18 Bn.

Food Colorants Market Overview:

The Food Colorants Market is studied by segments like Type (Natural, Synthetic), Application (Beverages, Dairy & Frozen products, Bakery, Meat, Poultry, and Seafood, Confectionery, Sauces and Condiments and Others) and Region (North America, Europe, Asia-Pacific, and Rest of the World). The report consists of the Trend, Forecast, Competitive Analysis, and Growth Opportunities of the market. Food Colorants MarketTo know about the Research Methodology:- Request Free Sample Report For the forecast period of 2023 to 2029, the report provides a complete analysis that reflects today's Food Colorants Market realities and future market prospects. To provide a comprehensive perspective of the market, the research segments and analyses it in great detail. The key data and observations offered in the study can help market participants and investors identify low-hanging fruit in the market and build growth strategies. COVID-19 Impact on Food Colorants Market The COVID-19 pandemic had a substantial impact on the food colourant market, since it has raised awareness of the importance of eating in a safe, healthy, and in a nutritional way. Although ingredient sales are seen across countries, major food colour firms have begun to form regional production, R&D, and sales departments, which are streamlining supply chains for raw material distribution. Natural food colour and flavour firms faced substantial hurdles during the COVID-19 pandemic in meeting the demand for higher specialisation of food products to accommodate shifting tastes and preferences.

Food Colorants Market Dynamics:

Demand for natural food colorants is increasing Due to increased customer demands for more natural products around the world, there has been a lot of interest in the production of new natural Colorants used throughout the food business. Natural colours' health-promoting effects, along with its organic properties of natural products, are increasing the demand for them. In recent years, there has been a significant shift favoring natural materials, particularly in terms of smells and colours. Natural Colorants are predicted to grow twice as rapidly as synthetic colours due to rising demand and customer preferences for food which is minimally processed and the health-promoting characteristics of natural Colorants. The increased production price of fermentation pigments compared to synthetic pigments or pigments taken from a natural source is a major constraint in natural Colorants. The term "exempt colour additives" is used by the FDA to describe products that are exempt from the certification procedure. Synthetic Colorants have been restricted in food and beverage products due to strict regulations imposed by federal bodies in various countries. The FDA is a significant regulator of food additives in the United States. It governs the use of artificial colours in foods and beverages. The usage as well as demand for food colours have been reduced as a result of these rules. In the United Kingdom, for example, a judgement was made in 2008 prohibiting the use of food colouring. E104, E110, E122, E103, E129, and E124 are the six colours that are prohibited. This has had a considerable impact on the use of food colouring in food industry in the United Kingdom and its neighbours. Furthermore, market growth is hampered by a lack of consistency in regulatory rules and labelling guidelines for the usage of organic and natural colours across nations. Blue #1, or Brilliant Blue, for example, is commonly used in certain European countries despite being forbidden in France. The Food and Drug Administration has classified titanium dioxide as a food-safe colourant. Food-grade titanium dioxide is safe when used within maximum allowed limits, and no health hazards have been reported. Titanium dioxide is perceived by consumers as a substance that can cause life-threatening disorders such as cancer. However, there are no studies that fully demonstrate this. Furthermore, misconceptions about titanium dioxide's health risks are a major stumbling block and challenge to the food colorant market's expansion.

Food Colorants Market Segment Analysis:

Based on Type, the food colorant market is classified into Natural Colors and Synthetic Colors. As synthetic colors are less expensive and easily available in the market, they are expected to have the highest market share. They are used in food and beverages and other synthetic foods because it helps increase their attractiveness and general appeal to the consumers. Bu due to stricter rules in the recent years by the regulatory bodies, synthetic chemical colors are projected to have a slower growth. However, natural colors are estimated to have a higher growth rate with a fast CAGR of 9.67 percent. This is due to the customers’ preference for natural and organic ingredients as the consumers are exposed to more information these days and hence have more awareness about their health. Based on Application, the food colorant market is divided into five key areas based on the use of colours in food items: Beverages, Dairy & Frozen products, Bakery, Meat, Poultry, and Seafood, Confectionery, Sauces and Condiments and Others. Food colours are commonly used in these items to make them more appealing. Color is chosen based on considerations such as packaging, stability, and the food item's composition specifications. Recent food industry trends show that people prefer natural hues because of the health benefits they provide. According to the "Food Trends Report" 2020 by Sensient Technologies Corporation (US), plant-based meat is in great demand due to new product advancements. The outward appearance of these things is more crucial than ever. As a result, there's a lot of demand for meaty red tones made from heat-stable and organic red pigments. Consumers favour vibrant colours in items because they associate vibrancy with improved taste and flavour, according to academic and thorough study, especially during the Corona Virus outbreak. This is due to the rise in the demand for processed food purchases made online.

Food Colorants Market Regional Insights:

Food colours are controlled as food additives in the European Union, under a detailed set of laws for food enhancement agents. Throughout the European Union, thirty-nine hues are now approved for use as colour additives in foods. Due to the increasing demand for clean foods and increased health awareness, the European food Colorants market continues to dominate. Growing food safety concerns in the United Kingdom are pressuring manufacturers to use clean labelling, which is driving up demand for natural pigments. Key businesses in France, such as Naturex, are developing a 100 percent organic extract variant of curcumin to add a rainbow of yellow colour to a variety of culinary applications, ranging from sauces and snacks, baked goods to sweets, ice creams, and more. Asia Pacific region has emerged as the market's fastest-growing region, with a market value of more than USD 870 million in 2021 and a CAGR of 7.7% throughout the forecast period. This is mostly due to rising consumption of ready to drink beverages such as protein shakes, sports drinks, mocktails, and frozen desserts, as well as dairy and frozen desserts, due to shifting dietary behavior, patterns and preferences toward immediate & convenient sources to meet daily nutrient requirements. The food colorants market specifically in India is projected to grow at a CAGR of 5.3% over the forecast period. Small-scale food companies, such as confectionery, snacks and sweets, and beverage, as well as some multinational industries, dominate the food Colorants market in the country. The Indian Food Safety and Standard Authority oversees the country's food colourant market. Currently, the regulatory authority only approves the use of eight synthetic food Colorants in amounts that do not exceed the ADI value, allowing food manufacturers to utilise these chemicals in limited quantities in their products. The market for food Colorants in India is dominated by synthetic Colorants, followed by natural Colorants. The natural colour market is expanding at a significantly higher rate as customer demand grows. To understand the Food Colorants market and study the market trends. Focusing on the regional market and other segmentations, knowing the drivers and challenges of the same. Understanding the market segment geographically to gauge the growth potential. The report includes analytical models like the Porter’s Five Forces, which helps in understanding the operating environment of the competition in the Food Colorants Market and thereby study the stakeholders to derive an efficient strategy; and PESTLE Analysis to gain a macro perspective of the Food Colorants Market in terms of political aspects like Government stability, policies, trade regulation and economic aspects like market trends, taxes and inflation. It also provides the effect of environmental factors and influence of social and legal aspects on the Food Colorants Market.

Food Colorants Market Scope: Inquire before buying

Food Colorants Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 4.48 Bn.
Forecast Period 2023 to 2029 CAGR: 4.7% Market Size in 2029: US $ 6.18 Bn.
Segments Covered: by Application • Beverages • Dairy & Frozen products • Bakery • Meat, Poultry, and Seafood • Confectionery • Sauces and Condiments • Others
by Type • Natural • Synthetic

Food Colorants Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Food Colorants Market, Key Players are:

• ADM (US) • International Flavors & Fragrances Inc. (US) • Sensient Technologies Corporation (US) • DSM (Netherlands) • Naturex (France) • DDW (US) • Döhler Group (Germany) • Lycored (Israel) • Kalsec Inc. (US) • Food RGB (US) • Fiorio Colors (Italy) • Lycored (US) • Kalsec Inc. (US) • Chr Hansen Holding (Denmark) • Dow DuPont (US) • Ingredients Network (Netherlands) • Rieco (India) • Sun Food Tech (India)

Frequently Asked Questions:

1] What segments are covered in the Food Colorants Market report? Ans. The segments of Application, Type and Region are covered in the Food Colorants Market report. 2] Which Region is expected to hold the highest share in the Food Colorants Market? Ans. The Europe region is expected to hold the highest share in the Food Colorants Market. 3] What is the market size of the Food Colorants Market by 2029? Ans. The market size of the Food Colorants Market is expected to reach 6.18 Bn. by 2029. 4] What is the forecast period for the Food Colorants Market? Ans. The forecast period for the Food Colorants Market is 2023-2029. 5] What was the market size of the Food Colorants Market in 2022? Ans. The market size of the Food Colorants Market in 2022 was 4.48 Bn.
1. Food Colorants Market : Research Methodology 2. Food Colorants Market : Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Food Colorants Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Food Colorants Market : Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Food Colorants Market Segmentation 4.1. Food Colorants Market ,by Type (2022-2029) • Natural • Synthetic 4.2. Food Colorants Market , by Application (2022-2029) • Beverages • Dairy and Frozen Products • Bakery • Meat, Poultry and Seafood • Confectionary • Sauces and Condiments • Others 5. North America Food Colorants Market (2022-2029) 5.1. North America Food Colorants Market , by Type type (2022-2029) • Natural • Synthetic 5.2. North America Food Colorants Market , by Application (2022-2029) • Beverages • Dairy and Frozen Products • Bakery • Meat, Poultry and Seafood • Confectionary • Sauces and Condiments • Others 5.3. North America Food Colorants Market , by Country (2022-2029) • US • Canada • Mexico 6. European Food Colorants Market (2022-2029) 6.1. European Food Colorants Market , by Type type (2022-2029) 6.2. European Food Colorants Market , by Application (2022-2029) 6.3. European Food Colorants Market , by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Food Colorants Market (2022-2029) 7.1. Asia Pacific Food Colorants Market , by Type type (2022-2029) 7.2. Asia Pacific Food Colorants Market , by Application (2022-2029) 7.3. Asia Pacific Food Colorants Market , by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Food Colorants Market (2022-2029) 8.1. Middle East and Africa Food Colorants Market , by Type type (2022-2029) 8.2. Middle East and Africa Food Colorants Market , by Application (2022-2029) 8.3. Middle East and Africa Food Colorants Market , by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Food Colorants Market (2022-2029) 9.1. South America Food Colorants Market , by Type type (2022-2029) 9.2. South America Food Colorants Market , by Application (2022-2029) 9.3. South America Food Colorants Market , by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. ADM (US) 10.1.1. Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. International Flavors & Fragrances Inc. (US) 10.3. Sensient Technologies Corporation (US) 10.4. DSM (Netherlands) 10.5. Naturex (France) 10.6. DDW (US) 10.7. Döhler Group (Germany) 10.8. Lycored (Israel) 10.9. Kalsec Inc. (US) 10.10. Food RGB (US) 10.11. Fiorio Colors (Italy) 10.12. Lycored (US) 10.13. Kalsec Inc. (US) 10.14. Chr Hansen Holding (Denmark) 10.15. Dow DuPont (US) 10.16. Ingredients Network (Netherlands) 10.17. Rieco (India) 10.18. Sun Food Tech (India)

About This Report

Report ID 145989
Category Food & Beverages
Published Date March 2023
Updated Date