New York, NY -- (SBWIRE) -- 02/12/2021 -- Food colors are the substances, pigments, or dye that is used to add color to the beverages and foods after mixing. Food colors are mainly of two types, natural and synthetic. Natural food colors are commonly used by people as it is associated with fewer side effects. It is available in various forms such as powder, liquids, gels, and even pastes. Food colors have applications in meat & poultry, beverages, dairy products, processed food, bakery, confectionery, oils & fats, and pharmaceutical products. The market is estimated to witness significant growth during the forecast period.
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Leading Players Profiled in the Report Include:
Archer Daniels Midland Company, Kalsec, Inc., Chr. Hansen A/S, Fiorio Colori SPA, FMC Corporation, D.D. Williamson & Co., Dohler Group, Sensient Technologies Corporation. Koninklijke DSM N.V., Inc. (DDW), and Naturex S.A., among others.
Market Drivers
The food color market is propelled due to rising awareness amongst people for the natural food colors because it offers no side effects and gives a new taste and color to the food and beverages. The market is also boosting due to the technological advancements used for the extraction of food colors for commercial and industrial purposes. The large application of food colors in the food and beverage industry is propelling the market growth.n
Regional Analysis
On the basis of region, Europe held the largest market share in terms of revenue and is estimated to witness significant growth during the forecast period. The market growth in the region is propelled by the rising demand for clean label products, which is leading to the increased consumption of food colors by consumers. The Asia Pacific region is estimated to witness the highest CAGR due to developing economies, such as China, India, and Japan.
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For this report, Reports and Data have segmented the global food color industry report based on product type, pigments & chemicals, application, form, solubility, and by region for this study:
Product Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Natural
Synthetic
Natural-Identical
Caramel
Pigments & Chemicals Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Anthocyanin
Chlorophylls
Canthaxanthin
Charcoal
Saffron
Turmeric
Others
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Beverages
Processed Food
Confectionery
Oils & Fats
dairy Products
Sweets
Bakery
Meat & Poultry
Pharmaceuticals
Form Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Liquid
Gel
Paste
Powder
Solubility Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Dye
Lake
Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
North America
Europe
Asia Pacific
MEA
Latin America
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Table of contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Food Colors Market Segmentation & Impact Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increase in food demand
4.2.2.2. Rising natural color demand
4.2.2.3. Growth of Quick Service Restaurants
4.2.2.4. Increasing need of products' aesthetic appeal
4.2.3. Market restraints analysis
4.2.3.1. Strict regulations implemented by federal bodies
4.2.3.2. Increased side effects of synthetic food colors
4.2.3.3. Ban on synthetic color use in European regions
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
Continued…..
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