The global food colors market size reached US$ 4.7 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 7.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.
Food colors comprise dyes, pigments and other additives that help enhance the appearance of fresh and processed food products. They are derived from inorganic pigments, synthetic coal-tar substances, or vegetable sources, such as corn, beets and soybean, combinations of organic and metallic compounds. They aid in minimizing color loss caused by exposure to light, air, moisture and variations in temperature. As a result, food colors are added to sausage casings, baked goods, candies, snack food, margarine, cheese, jams and jellies, biscuits, cookies, cakes, pastries, carbonated drinks, gelatin desserts, powdered drink mixes, and orange and potato skins. At present, they are available in gel, liquid, paste and powder forms around the world.
Food colors comprise dyes, pigments and other additives that help enhance the appearance of fresh and processed food products. They are derived from inorganic pigments, synthetic coal-tar substances, or vegetable sources, such as corn, beets and soybean, combinations of organic and metallic compounds. They aid in minimizing color loss caused by exposure to light, air, moisture and variations in temperature. As a result, food colors are added to sausage casings, baked goods, candies, snack food, margarine, cheese, jams and jellies, biscuits, cookies, cakes, pastries, carbonated drinks, gelatin desserts, powdered drink mixes, and orange and potato skins. At present, they are available in gel, liquid, paste and powder forms around the world.
Food Colors Market Trends:
The thriving food and beverage (F&B) sector, in confluence with the rising consumption of processed and packaged food products, represents one of the key factors propelling the growth of the market. Moreover, food colors are employed in the pharmaceutical industry for manufacturing tablets, mouthwash, gels, syrups, and drugs. These colors are sometimes combined with different flavors like mango, orange, strawberry, lemon, mint, and herbs for adding a distinct taste and smell to pharmaceutical products. At present, there is a significant rise in the number of individuals with chronic diseases, such as diabetes, hypertension, and cardiovascular diseases, which is increasing the requirement for pharmaceutical products, such as medicines. This, in turn, is catalyzing the demand for food colors across the globe. Furthermore, the rising utilization of synthetic food colors on account of their high coloring ability, easy availability, homogeneous color distribution, brightness, stability, and ease of application is projected to fuel the growth of the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global food colors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form, solubility and application.Breakup by Type:
- Natural Colors
- Artificial Colors
Breakup by Form:
- Liquid
- Powder
- Gel
Breakup by Solubility:
- Dyes
- Lakes
Breakup by Application:
- Beverages
- Meat Products
- Dairy Products
- Bakery and Confectionary
- Processed Food and Vegetables
- Oils and Fats
- Others
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer-Daniels-Midland Company, AromataGroup SRL (Nactarome S.P.A.), BASF SE, Cargill Incorporated, Döhler, Givaudan, International Flavors & Fragrances Inc., Kalsec Inc., Koninklijke DSM N.V., LycoRed Ltd. (Adama Agricultural Solutions Ltd.), San-Ei Gen F.F.I. Inc. and Sensient Technologies Corporation.Key Questions Answered in This Report:
- What was the size of the global food colors market in 2022?
- What is the expected growth rate of the global food colors market during 2023-2028?
- What has been the impact of COVID-19 on the global food colors market?
- What are the key factors driving the global food colors market?
- What is the breakup of the global food colors market based on the type?
- What is the breakup of the global food colors market based on the form?
- What is the breakup of the global food colors market based on application?
- What are the key regions in the global food colors market?
- Who are the key players/companies in the global food colors market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Food Colors Market
6 Market Breakup by Type
7 Market Breakup by Form
8 Market Breakup by Solubility
9 Market Breakup by Application
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Archer-Daniels-Midland Company
- AromataGroup SRL (Nactarome S.P.A.)
- BASF SE
- Cargill Incorporated
- Döhler
- Givaudan
- International Flavors & Fragrances Inc.
- Kalsec Inc.
- Koninklijke DSM N.V.
- LycoRed Ltd. (Adama Agricultural Solutions Ltd.)
- San-Ei Gen F.F.I. Inc. and Sensient Technologies Corporation.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 148 |
| Published | May 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 4.7 Billion |
| Forecasted Market Value ( USD | $ 7.2 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
