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Global Food Colors Market is Expected to Reach $3.76 billion by 2023

Global Food Colors Market Research Report

Global Food Colors Market Research Report

Market Research Report on Global Food Colors Market

RAIPUR, INDIA, January 23, 2018 / --

Report Sellers has added a new market research report “Food Colors - Global Market Outlook (2017-23)” to its offerings.

According to Report, Global Food Colors Market is expected to grow from $1.94 billion in 2016 to reach $3.76 billion by 2023 with a CAGR of 9.9%. Raising awareness regarding the harmful effects of synthetic colors, technological innovations, increasing incomes of individuals and demand for easy-to-cook meals, need for clean label products and enhancing product appeal through colorants are some of the factors driving the market growth. Factors such as health issues caused by synthetic colorants and strict regulations are restraining the market growth.

By Type, the natural colors segment is the largest market share due to the rising health consciousness among the consumers that demands nature derived ingredients and additives in food are the major factor contributing to the growth of this segment in the market. Natural food colors are extensively used in food industry such as beverages, confectionary, bakery, meat products, dairy & frozen products, and caramel, carotenoids, anthocyanins, carmine, betalains, anthraquinones, cochineal extract, curcumin and turmeric are the natural colors used by these industries.

Geographically, North America witnessed huge growth due to demand in consumer interest for better appearance of food products, demand for organic and clean label products, increasing government support , dominance of high growth in the R&D and growth in demand for food & beverage products manufactured with natural food colors. In addition the launch of new products with natural ingredients in the U.S is expected to boost the growth of the market in the future.

Some of the key players in the Food Colors market are Sensient Technology Corporation , Koninklijke DSM N.V, Archer Daniels Midland Company , FMC Corporation, Doehler Group, Chr. Hansen S/A, Fiorio Colori, Naturex S.A, D.D. Williamson & Co. Inc. (DDW), Kalsec Inc, BASF SE, Allied Biotech Corporation, Diana Naturals, Roha Dyechem Pvt. Ltd, Synthite Industries Ltd and San-Ei Gen F.F.I. Inc.

Browse through the complete description and in-depth TOC on “Global Food Colors Market”

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global food colors market has been segmented by forms covered, types covered, solubility covered, applications covered and regions covered

Forms Covered:
Liquid Gel
Gel Paste

Types covered:
Nature-Identical Colors
Synthetic Colors
Natural Colors

Solubility’s covered:

Applications covered:
Dairy food products
Packaged food/frozen food products
Bakery and Confectionery
Other Applications

Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
South Korea
Rest of Asia Pacific
South America
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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About Report Sellers

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Aditya Joshi
Report Sellers
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