The “Global Natural Food Colours Market, Size, Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” report has been added to ResearchAndMarkets.com’s offering.
This research report title provides a detailed analysis of global natural food colors market. Global Natural Food Colours Market will reach US$ 2.77 Billion by 2027.
Worldwide, colour is an essential factor increasing consumer’s acceptability of food products. This is due to consumers consistently linking food colour with other qualities such as ripeness, freshness, and food safety. Thus, natural food colours are additives used in the food and beverages industry to enhance the colour of cooked or processed food products.
Furthermore, natural food colours are most commonly obtained from annatto, beet juice, red cabbage, spinach, turmeric, and caramel. Natural food colours are complimentary of (GMO) genetically modified organism’s pigments, allergens, and natural extracts and dyes. They are environment-friendly and non-toxic and form an essential additive in manufacturing gels, gel pastes, liquids, and edible powders. According to this report Global Natural Food Colours industry will grow at a CAGR of 6.9% from 2021-2027.
Global Natural Food Colours Market Size was US$ 1.86 Billion in 2021
Based on product, natural food colours market includes Carotenoids, Curcumin, Anthocyanin, Carmine, Copper Chlorophyllin, Others. Carotenoids, accounted for a lucrative market, owning over superior usage properties such as protection against chronic diseases, anti-oxidation, and cellular damage. Additionally, the growing need for carotenoids in non-alcoholic beverages, frozen products, and bakeries is anticipated to aid market growth globally.
Notably, the demand for curcumin is gaining momentum due to increasing use in meat products, beverages, dairy, bakery & confectionery, processed food & vegetables, oils & fats, others. Also, increasing demand for curcumin for medicinal and health benefits is expected to drive the industry growth over the forecast period.
North America: The Fastest-Growing Regional Market
North America exhibits strong growth in the global natural food colours market. This is due to stringent regulations on using harmful synthetic colors containing arsenic, lead, and mercury. In North America, natural food colours appeared on the scene, enacting strict rules to prohibit the usage of lead, harmful synthetic colours containing arsenic, and mercury.
Among regions, Asia Pacific is to witness considerable growth in the global natural food colours industry during the projection period. This is owing to the rapid uptake of natural foodstuffs colors in new product expansion in the region. Regardless, robust development of the food and beverage industry in emerging economies such as China and India boosts the regional market development.
Key Players Analysis
Nowadays, the natural food colours market remains highly consolidated with prominent players such as Archer Daniels Midland, Symrise AG, Chr. Hansen Holding A/S, McCormick Company, Adama Agricultural Solutions Ltd, International Flavors & Fragrances, Kerry Group, Royal DSM N.V., Basf Se, FMC Corporation.
Nevertheless, these players hold a substantial share of the market. Leading players operating in the natural colours market continue to invest laboriously in research and development. At the same time, expanding their distribution channels like Hypermarkets/Supermarket, Conventional Stores, Online, and others.