Future Market Insights has announced the addition of the "Global Natural Food Colours Market Analysis & Opportunity Assessment, 2014 - 2020" report to their offering.

London, UK -- (SBWire) -- 03/17/2015 --Future Market Insights (FMI), with sharp focus on emerging regions, delivers key insights on the North America natural food colours market in its latest report titled, "Global Natural Food Colours Market Analysis and Opportunity Assessment, 2014 – 2020". According to the key findings of the report, the North America natural food colours market was valued at US$ 291.7 Mn in 2014 and is expected to reach US$ 441.4 Mn through 2020. The North America natural food colours market is anticipated to register a considerable CAGR of 7.1% during the forecast period as compared to global natural food colours market at a CAGR of 6.8%.

The North America natural food colours market is driven by key factors that include growing demand for natural food colours, favorable government policies, focus on mergers and acquisitions by key companies, and technological advancement in food sector. Moreover, growing demand for clean label products, and retailer inclination for shelving natural products will further accelerate the demand for natural food colours in North America.

North America accounted for the second largest market share of 25.5% of the global market in 2014 and is expected to maintain its share by 2020, accounting for 26% of the overall natural food colours market. In terms of revenue share, North America is expected to surpass Western Europe by 2020, owing to growing demand for natural food colours in the U.S. market. Furthermore, retailers phasing out food products with artificial colours and flavours in the U.S. is forcing manufacturers to incorporate natural food colours in their products. This will further drive the natural food colours market in North America in the near future.

Browse Full: "Global Natural Food Colours Market Analysis & Opportunity Assessment, 2014 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/global-natural-food-colours-market

Key participants in the natural food colours market continue to focus on strategic alliances with natural food colour manufacturers in terms of advanced technologies and command over raw materials in the region. This will further bolster the growth of the natural food colours market in North America by 2020. For example, U.S.-based chemical manufacturing company, FMC Corporation has acquired Chile-based natural colour and specialty nutrition ingredients innovator South Pole Biogroup Ltd. in 2011. On the other hand, Sensient Technologies Corporation is expected to continue to introduce innovative stable broad-spectrum natural colours/pigments by expanding its production and distribution facilities to cater to the North America market over the next five years.

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Spirulina extract and chlorophyll are expected to dominate the natural food colours market due to their high demand in application segment. Owing to the recent US FDA approval for usage of spirulina extract in confectionery and bakery applications, consumption of spirulina in North America region is projected to increase fivefold between 2014 and 2020.

Key players in the North America natural food colours market are FMC Corporation, Sensient Technologies Corporation, Kalsec, Inc., DDW, The Colour House, and Naturex S.A.

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