The Latin America, Middle East and Africa Natural Food Colors Market should witness market growth of 13.9% CAGR during the forecast period (2023-2030).
Natural food colors are used to flavor beverages, juices, baked goods, and confectionery items. The increasing need for natural food colors in the food and beverage sectors drives the market expansion. Additionally, the desire for natural food items with fewer or no artificial colors, preservatives, or additives has grown as a result of the expanding population.
Natural food colors are usually considered safe for consumption and are less likely to negatively impact health. They do not include dangerous chemicals and are sourced from plants, animal, or mineral sources. Adopting natural food colors correlates with an enormous rise in consumer awareness, the requirement to conform to strict labeling regulations and a growing perception that products with clearer labels are superior. Multicultural food producers are putting more of an emphasis on food standards, convenience, and a variety of cuisines, including packaged food which is predicted to result in market growth for the forecast period.
Smooth bread sales, both packaged and unpackaged, rose at a CAGR of 3.8%. Over the years 2022 to 2027, bread consumption is predicted to increase, with growth rates likely getting significantly across all categories. Producers of packaged bread will likely use more and more nutritious components in their products. Consumers concerned about the amount of protein, minerals, vitamins, and fiber in their diets are drawn to the grain, nut, and seed combinations in packaged baked products. Cake sales growth, whether packaged or unpackaged, remained constant from 2018 to 2022 but is predicted to increase from 2023 to 2027. From 2018 to 2022, the total growth of cake brands was constant at a CAGR of 1.0%. This rising sales of baked goods within the region is predicted to result in the growth of the market in LAMEA.
The Brazil market dominated the LAMEA Natural Food Colors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $53 million by 2030. The Argentina market is estimated to grow a CAGR of 14.5% during (2023-2030). Additionally, The UAE market would register a CAGR of 13.6% during (2023-2030).
Based on Solubility, the market is segmented into Water, and Dye. Based on Application, the market is segmented into Processed Food Products, and Beverages. Based on Source, the market is segmented into Plant, and Animal. Based on Form, the market is segmented into Powder and Liquid. Based on Color Type, the market is segmented into Carotenoids, Caramel, Anthocyanins, Carmine, Chlorophyll & Spirulina, Annatto, and Curcumin. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Koninklijke DSM N.V., Döhler Gmbh, International Flavors & Fragrances Inc, GNT International B.V., Kalsec Inc., Givaudan SA, Sensient Technologies Corporation, Kanegrade Ltd. and Taiyo International (Taiyo Kagaku Corporation).
Natural food colors are used to flavor beverages, juices, baked goods, and confectionery items. The increasing need for natural food colors in the food and beverage sectors drives the market expansion. Additionally, the desire for natural food items with fewer or no artificial colors, preservatives, or additives has grown as a result of the expanding population.
Natural food colors are usually considered safe for consumption and are less likely to negatively impact health. They do not include dangerous chemicals and are sourced from plants, animal, or mineral sources. Adopting natural food colors correlates with an enormous rise in consumer awareness, the requirement to conform to strict labeling regulations and a growing perception that products with clearer labels are superior. Multicultural food producers are putting more of an emphasis on food standards, convenience, and a variety of cuisines, including packaged food which is predicted to result in market growth for the forecast period.
Smooth bread sales, both packaged and unpackaged, rose at a CAGR of 3.8%. Over the years 2022 to 2027, bread consumption is predicted to increase, with growth rates likely getting significantly across all categories. Producers of packaged bread will likely use more and more nutritious components in their products. Consumers concerned about the amount of protein, minerals, vitamins, and fiber in their diets are drawn to the grain, nut, and seed combinations in packaged baked products. Cake sales growth, whether packaged or unpackaged, remained constant from 2018 to 2022 but is predicted to increase from 2023 to 2027. From 2018 to 2022, the total growth of cake brands was constant at a CAGR of 1.0%. This rising sales of baked goods within the region is predicted to result in the growth of the market in LAMEA.
The Brazil market dominated the LAMEA Natural Food Colors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $53 million by 2030. The Argentina market is estimated to grow a CAGR of 14.5% during (2023-2030). Additionally, The UAE market would register a CAGR of 13.6% during (2023-2030).
Based on Solubility, the market is segmented into Water, and Dye. Based on Application, the market is segmented into Processed Food Products, and Beverages. Based on Source, the market is segmented into Plant, and Animal. Based on Form, the market is segmented into Powder and Liquid. Based on Color Type, the market is segmented into Carotenoids, Caramel, Anthocyanins, Carmine, Chlorophyll & Spirulina, Annatto, and Curcumin. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Koninklijke DSM N.V., Döhler Gmbh, International Flavors & Fragrances Inc, GNT International B.V., Kalsec Inc., Givaudan SA, Sensient Technologies Corporation, Kanegrade Ltd. and Taiyo International (Taiyo Kagaku Corporation).
Scope of the Study
By Solubility
- Water
- Dye
By Application
- Processed Food Products
- Beverages
By Source
- Plant
- Animal
By Form
- Powder
- Liquid
By Color Type
- Carotenoids
- Caramel
- Anthocyanins
- Carmine
- Chlorophyll & Spirulina
- Annatto
- Curcumin
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Archer Daniels Midland Company
- Koninklijke DSM N.V.
- Döhler Gmbh
- International Flavors & Fragrances Inc
- GNT International B.V.
- Kalsec Inc.
- Givaudan SA
- Sensient Technologies Corporation
- Kanegrade Ltd.
- Taiyo International (Taiyo Kagaku Corporation)
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Natural Food Colors Market by Solubility
Chapter 5. LAMEA Natural Food Colors Market by Application
Chapter 6. LAMEA Natural Food Colors Market by Source
Chapter 7. LAMEA Natural Food Colors Market by Form
Chapter 8. LAMEA Natural Food Colors Market by Color Type
Chapter 9. LAMEA Natural Food Colors Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Archer Daniels Midland Company
- Koninklijke DSM N.V.
- Döhler Gmbh
- International Flavors & Fragrances Inc
- GNT International B.V.
- Kalsec Inc.
- Givaudan SA
- Sensient Technologies Corporation
- Kanegrade Ltd.
- Taiyo International (Taiyo Kagaku Corporation)
Methodology
LOADING...
