The report “Natural Food Colors Market by product type (Carotenoids, Anthocyanin, Chlorophyll, Spirulina Extract, Annatto, Curcumin, Paprika, and Others), by end-user (Food & Beverages, Pet Food, Carbonated Soft Drinks, and Others), by distribution channel (Hypermarkets and Supermarkets, Conventional Store, Online, and Others), and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America)” Global Natural Food Colors Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 7.72 % during a forecast period.
Global natural food colors market growth is surging owing to growing demand of natural food color in food industries and rapid expansion of food and beverages sector across the globe. The rising awareness among the consumers regarding the advantages of natural food colors, which is estimated to drive the market growth during the forecast period. Moreover, growing number of food industries across the globe is also expected to drive the market in the forecast period.
The global natural food colors market is driven by the rising need for natural extracts additive for processed food, growing health concerns among consumers in urban regions and rising demand for natural colors due to its cost-effectiveness and health benefits. However, lack of awareness benefits regarding natural food colors, which is expected to hamper the market growth in the forecast period.
The hypermarkets and supermarkets segment are leading the Natural Food Colors.
The Hypermarkets and Supermarkets segment is expected to propel the global Natural Food Colors in the forecast period owing to the growing number of hypermarkets and supermarkets in developing countries.
The food & beverages segment are leading the Natural Food Colors.
The food & beverages segment is expected to hold the largest share in the market during the forecast period owing to the growing expansion of this industry across the globe. In addition, the rising popularity of eco-friendly products among consumers and increasing population coupled with a rising disposable income of the middle-class population, which are propelling the global natural food colors market growth in a positive way.
The carotenoids segment is leading the Natural Food Colors.
The carotenoids segment is expected to hold the largest share in the global natural food colors market during the forecast period due to increasing demand for shades of orange color from various end-users such as food & beverages and confectionery applications.
The Asia Pacific is the leading regional market for Natural Food Colors.
The Asia Pacific is expected to hold the largest share in the market during the forecast period owing to the growing demand for natural color from the food & beverages industry in this region. In addition, rising population coupled with rapid urbanization in developing countries of this region, which is expected to propel the market growth in a positive way. North America is anticipated to generate the highest CAGR in the market due to increased concerns regarding health among consumers in this region. The rise in demand for eco-friendly products in this region, which is driving the market growth in a positive way. Europe is also estimated to fuel the market growth during the forecast period owing to government banned trading of synthetic colors in this region.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as are GNT International, ITC, Chr. Hansen Holding A/S, Kalsec Inc., Naturex, Sensient Flavors, ROHA Dyechem, Dohler Group., Diana Naturals, Archer Daniels Midland Company, DDW The Colour House, Kolorjet, Kanegrade, and Vinayak Ingredients (INDIA) Pvt. Ltd.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on” Natural Food Colors”.
https://www.maximizemarketresearch.com/market-report/global-natural-food-colors-market/27083/
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