Food Colors Market by Type (Natural, Synthetic, and Nature-Identical), Application (Beverages, Bakery & Confectionery, and Meat Products), Form (Liquid, Liquid Gel, Gel Paste, and Powder), Solubility (Dyes and Lakes) - Global Forecast to 2022

  • ID: 3939005
  • Report
  • Region: Global
  • 165 Pages
  • Markets and Markets
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The Food Colors Market Is Projected to Reach USD 3.75 Billion by 2022 at a CAGR of 8.40% from 2016

FEATURED COMPANIES

  • Chr. Hansen A/S
  • Dohler Group
  • Fiorio Colori SPA
  • FMC Corporation
  • Kalsec, Inc.
  • Koninklijke DSM N.V.
  • MORE

Food colors market projected to grow at a CAGR of 8.40%

The food colors market is projected to reach USD 3.75 billion by 2022 at a CAGR of 8.40% from 2016. The market is driven by factors such as marketing strategies to improve product appeal through colorants, demand for clean label products driving natural colors market, and advancement in technological innovations. Ill effects caused by synthetic colorants, strict regulations regarding the inclusion of synthetic colors and low stability and high cost of natural colorants are the major constraints for this market.

The natural food colors segment expected to be the largest and fastest-growing in the food colors market by 2022

The natural food colors segment accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period. The increase in demand for natural colors in different food products results in manufacturers preferring the use of natural colors over synthetic colors due to increase in health awareness; these factors have fueled the demand for natural food colors.

Beverages segment projected to be the fastest growing segment by 2022

The beverages segment is projected to grow at the highest CAGR during the forecast period. There is an increased usage of food colors in beverage products such as flavored drinks, soft drinks, nutritional drinks, and other beverages. The beverage industry has been growing worldwide with the establishments by various beverage manufacturers, especially in the Aisa-Pacific region. This segment is projected to be fastest-growing in the food colors market in the next five years.

The dyes segment to be the largest and fastest-growing segment by 2022

The market for food colors by solubility is dominated by the dyes segment and is projected to be the fastest growing segment during the forecast period. Dyes dominated the market due to their use in large number of applications in food & beverage industries and their properties such as greater stability, and brighter coloring than most natural colorings.

Asia-pacific to be the fastest growing region from 2016 to 2022

The market for food colors in the Asia-Pacific region is projected to grow at the highest CAGR. This can be attributed to the higher level of production in the countries such as Australia and New Zealand, the increase in demand for convenience food, growth in population, rise in disposable income, and progressive urbanization in the region. The region is mainly driven by the developed food industry in China, Japan, and Australia & New Zealand and increase in trade of food color products globally from these countries.

The breakdown of the primaries on the basis of company, designation, and region, conducted during the research study, is as follows:

  • By Company type: Tier 1 - 40%, Tier 2 - 40%, and Tier 3 - 20%
  • By Designation: Director Level - 40%, C Level - 20%, , and Others - 40%
  • By Region: North America - 25%, Europe - 50%, and Asia-Pacific - 25%,

Key Players Include:

  • Archer Daniels Midland Company (U.S.)
  • Chr. Hansen S/A (Denmark)
  • Sensient Technology Corporation (U.S.)
  • Koninklijke DSM N.V. (Netherlands)
  • FMC Corporation (U.S.)

The above-mentioned companies have collectively accounted for the largest portion of the food colors market in 2015. Other players also have a strong presence in this market. These players are as follows:

  • Naturex S.A. (France)
  • D.D. Williamson & Co. Inc. (DDW) (U.S.)
  • Döhler Group (Germany)
  • Kalsec Inc. (U.S.)
  • Fiorio Colori (Italy)

The key players in the food colors market adopted new product launches/developments & new technology launches as their key growth strategy to increase their market share and profits. This accounted for the highest percentage of the total developments, followed by expansions & investments.

Research Coverage:

The food colors market has been segmented on the basis of type, application, form, solubility, and region. In terms of insights, this research report has focused on various levels of analyses-industry analysis and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the food colors market; high-growth regions, countries, and their respective regulatory policies; government initiatives, drivers, restraints, and opportunities.

Reasons to Buy this Report:

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on food colors offered by the top players in the global market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the food colors market
  • Market Development: Comprehensive information about lucrative emerging markets-the report analyzes the markets for food colors across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global food colors market
  • Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of the leading players in the food colors market
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Chr. Hansen A/S
  • Dohler Group
  • Fiorio Colori SPA
  • FMC Corporation
  • Kalsec, Inc.
  • Koninklijke DSM N.V.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Periodization
1.4 Currency
1.5 Units
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Macro Analysis
2.2.1 Introduction
2.2.2 Population Growth and Rising Diversified Food Demand
2.2.3 Growing Middle-Class Population
2.2.4 Growth in Global Beverage and Dairy Industry
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Opportunities in Food Colors Market
4.2 U.S. Dominates Food Colors Market
4.3 Food Colors Market, By Solubility
4.4 Food Colors: Developed vs Emerging Markets
4.5 Food Colors Market Size, By Type and Region
4.6 Food Colors Market, By Application and Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Type
5.2.2 Application
5.2.3 Solubility
5.2.4 Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Improved Product Appeal
5.3.1.2 Demand for Clean Label Products Driving Natural Colors Market
5.3.1.2.1 Health Benefits of Certain Natural Coloring Driving the Market
5.3.1.3 Advancing Technological Innovation
5.3.2 Restraints
5.3.2.1 Effects of Synthetic Colorants
5.3.2.2 Strict Regulations Regarding the Inclusion of Synthetic Colors
5.3.2.3 Low Stability and High Cost of Natural Coloring
5.3.3 Opportunities
5.3.3.1 New Raw Material Sources
5.3.3.2 Increasing Ventures in Asia-Pacific and Latin America
5.3.3.3 Safety Reassessment for Synthetic Food Colors
5.3.4 Challenges
5.3.4.1 Lack of Transparency in Patent Protection Laws

6 Industry Trends
6.1 Introduction
6.2 Value Chain
6.3 Supply Chain
6.3.1 Prominent Companies
6.3.2 Small and Medium Enterprises
6.3.3 End Users (Manufacturers/Consumers)
6.3.4 Key Influencers
6.4 Regulatory Environment
6.4.1 Regulations Related to Colors

7 Food Colors Market, By Type
7.1 Introduction
7.2 Natural Colors
7.2.1 Anthocyanins
7.2.2 Carotenoids
7.2.3 Caramel
7.2.4 Others
7.3 Synthetic Colors
7.3.1 Red
7.3.2 Yellow
7.3.3 Blue
7.3.4 Green
7.3.5 Others
7.4 Nature-Identical Colors

8 Food Colors Market, By Application
8.1 Introduction
8.2 Beverage
8.3 Bakery and Confectionery
8.4 Dairy
8.5 Meat
8.6 Others

9 Food Colors Market, By Form
9.1 Introduction
9.2 Liquid
9.3 Liquid Gel
9.4 Gel Paste
9.5 Powder

10 Food Colors Market, By Solubility
10.1 Introduction
10.2 Dye
10.3 Lake

11 Food Colors Market, By Region
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K.
11.3.2 Germany
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 Australia and New Zealand
11.4.5 Indonesia
11.4.6 Rest of Asia-Pacific
11.5 Rest of World
11.5.1 Latin America
11.5.2 Middle East
11.5.3 Others in RoW

12 Competitive Landscape
12.1 Overview
12.2 Food Colors Market Share, By Key Player, 2015
12.3 Key Market Strategies
12.4 New Product Launches/Developments and New Technology Launches: Popular Strategy for the Global Food Colors Market
12.4.1 New Product Launches/Developments and New Technology Launches
12.4.2 Expansions and Investments
12.4.3 Acquisitions
12.4.4 Agreements and Partnerships

13 Company Profiles
(Business Overview, Products Offered, Key Insights, Recent Developments, MnM View)*
13.1 Introduction
13.1.1 Geographic Revenue Mix
13.2 Archer Daniels Midland Company
13.3 Chr. Hansen A/S
13.4 FMC Corporation
13.5 Sensient Technologies Corporation
13.6 Koninklijke DSM N.V.
13.7 Naturex S.A.
13.8 D.D. Williamson & Co. Inc. (DDW)
13.9 Dohler Group
13.10 Fiorio Colori SPA
13.11 Kalsec, Inc.

*Details on Business Overview, Products Offered, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights of Industry Experts

List of Tables

Table 1 Growing Middle-Class Population in Asia-Pacific
Table 2 Global Food Colors Market Snapshot
Table 3 Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 4 Commonly Used Exempt Colors and Their Applications
Table 5 Natural Food Colors Market Size, By Sub-Type, 2014-2022 (USD Million)
Table 6 Natural Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 7 Classification of Caramel Color
Table 8 E-Number of Colors
Table 9 Synthetic Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 10 Synthetic Food Colors Market Size, By Sub-Type, 2014-2022 (USD Million)
Table 11 Nature-Identical Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 12 Food Colors Market Size, By Application, 2014-2022 (USD Million)
Table 13 Beverage Colors Market Size, By Region, 2014-2022 (USD Million)
Table 14 Bakery and Confectionery Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 15 Dairy Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 16 Meat Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 17 Other Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 18 Food Colors Market Size, By Form, 2014-2022 (USD Million)
Table 19 Approved Lake Colors in European Union
Table 20 Food Colors Market Size, By Solubility, 2014-2022 (USD Million)
Table 21 Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 22 Food Colors Market Size, By Region, 2014-2022 (KT)
Table 23 North America: Food Colors Market Size, By Country, 2014-2022 (USD Million)
Table 24 North America: Food Colors Market Size, By Country, 2014-2022 (KT)
Table 25 U.S.: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 26 U.S.: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 27 Canada: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 28 Canada: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 29 Mexico: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 30 Mexico: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 31 Europe: Food Colors Market Size, By Country, 2014-2022 (USD Million)
Table 32 Europe: Food Colors Market Size, By Country, 2014-2022 (KT)
Table 33 U.K.: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 34 U.K.: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 35 Germany: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 36 Germany: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 37 France: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 38 France: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 39 Italy: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 40 Italy: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 41 Spain: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 42 Spain: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 43 Rest of Europe: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 44 Spain: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 45 Asia-Pacific: Food Colors Market Size, By Country, 2014-2022 (USD Million)
Table 46 Asia-Pacific: Food Colors Market Size, By Country, 2014-2022 (KT)
Table 47 China: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 48 China: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 49 Japan: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 50 Japan: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 51 India: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 52 India: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 53 Australia & New Zealand: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 54 Australia & New Zealand: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 55 Indonesia: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 56 Indonesia: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 57 Rest of Asia-Pacific: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 58 Rest of Asia-Pacific: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 59 RoW: Food Colors Market Size, By Region, 2014-2022 (USD Million)
Table 60 RoW: Food Colors Market Size, By Region, 2014-2022 (KT)
Table 61 Latin America: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 62 Latin America: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 63 Middle East: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 64 Middle East: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 65 Others in RoW: Food Colors Market Size, By Type, 2014-2022 (USD Million)
Table 66 Others in RoW: Food Colors Market Size, By Type, 2014-2022 (KT)
Table 67 New Product Launches/Developments and New Technology Launches, 2010-2016
Table 68 Expansions and Investments, 2010-2016
Table 69 Acquisitions, 2010-2016
Table 70 Agreements and Partnerships, 2010-2016
Table 71 Archer Daniels Midland Company: Products Offered
Table 72 Chr. Hansen A/S: Products Offered
Table 73 FMC Corporation: Products Offered
Table 74 Sensient Technologies Corporation: Products Offered
Table 75 Koninklijke DSM N.V.: Products Offered
Table 76 Naturex SA: Products Offered
Table 77 D.D. Williamson & Co. Inc.: Products Offered
Table 78 Döhler Group: Products Offered
Table 79 Fiorio Colori SPA: Products Offered
Table 80 Kalsec Inc.: Products Offered

List of Figures

Figure 1 Food Colors Market Segmentation
Figure 2 Food Colors Market: Research Design
Figure 3 Growth Rate of Global Beverage Sales, 2011-2016
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Food Colors Market Size, 2016 vs 2022
Figure 8 Food Colors Market Snapshot, By Type (2016 vs 2022)
Figure 9 Food Colors Market, By Application (2016 vs 2022)
Figure 10 Food Colors Market Size, By Region, 2016-2022 (USD Million)
Figure 11 Food Colors Market Share (Value), By Region, 2015
Figure 12 Factors Driving Food Colors Market
Figure 13 U.S. to Hold Largest Market Share, 2016-2022
Figure 14 Dyes Segment to Register High Growth Between 2016 and 2022
Figure 15 India and China to Grow at Highest CAGR During Forecast Period
Figure 16 North America Adopted Synthetic Food Colors More Than Other Regions
Figure 17 Beverages Segment to Grow at Highest Rate, 2016-2022
Figure 18 Food Colors Market Segmentation, By Type
Figure 19 Food Colors Market Segmentation, By Application
Figure 20 Food Colors Market Segmentation, By Solubility
Figure 21 Food Colors Market Segmentation, By Region
Figure 22 Food Coloring: Drivers, Restraints, Opportunities, and Challenges
Figure 23 Value Chain Analysis of Food Colors Market (2015): Sourcing and Production Key Contributors
Figure 24 Supply Chain: Food Colors Market
Figure 25 Natural Food Colors Segment Projected to Be Fastest-Growing in Food Colors Market, 2016-2022
Figure 26 Caramel to Dominate Food Colors Market, By Sub-Type (2016-2022)
Figure 27 Meat Products Dominated Food Colors Market in 2015
Figure 28 North America to Account for Largest Market Share (2016-2022)
Figure 29 North America to Lead the Meat Products Market for Food Colors Through 2022
Figure 30 Liquid Gel and Gel Paste Forms Projected to Grow at Highest Rate, 2016-2022
Figure 31 Geographic Snapshot: Asia-Pacific Most Promising Market (2016-2022)
Figure 32 North America: Food Colors Market
Figure 33 Australia and New Zealand Dominated Asia-Pacific Market in 2015
Figure 34 New Products Launches/Developments and New Technology Launches: Leading Approach of Key Companies
Figure 35 Sensient Technology Coproration Led the Food Colors Market, 2015
Figure 36 Food Colors Market Developments, By Growth Strategy, 2010-2016
Figure 37 Food Colors Market Growth Strategies, By Company, 2010-2016
Figure 38 Geographic Revenue Mix of Top Five Market Players
Figure 39 Archer Daniels Midland Company: Company Snapshot
Figure 40 Archer Daniels Midland Company: SWOT Analysis
Figure 41 Chr. Hansen A/S: Company Snapshot
Figure 42 Chr. Hansen A/S: SWOT Analysis
Figure 43 FMC Corporation: Company Snapshot
Figure 44 FMC Corporation: SWOT Analysis
Figure 45 Sensient Technologies Corporation: Company Snapshot
Figure 46 Sensient Technologies Corporation: SWOT Analysis
Figure 47 Koninklijke DSM N.V.: Company Snapshot
Figure 48 Koninklijke DSM N.V.: SWOT Analysis
Figure 49 Naturex SA: Company Snapshot
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Chr. Hansen A/S
  • Dohler Group
  • Fiorio Colori SPA
  • FMC Corporation
  • Kalsec, Inc.
  • Koninklijke DSM N.V.
  • MORE

The food colors market size is projected to reach USD 3.75 Billion by 2022, at a CAGR of 8.40% from 2016. The market is driven by the growth in demand for clean label products in natural colors market, advancement in technological innovations, and marketing strategies to improve product appeal through colorants.

The food colors market, based on type, has been segmented into natural food colors (caramel, carotenoids, anthocyanins, and others, which include betalains, anthraquinones, carmine, cochineal extract, curcumin, turmeric, and copper chlorophyllin), synthetic food colors (red color, yellow, blue, green, and others include chocolate brown, blue IV, and black colors), and nature-identical. The natural segments is the largest as well as the fastest-growing segment in the food colors market. Natural colors are in demand for their eco-friendly nature and additional health benefits. The food industry produces natural colors from various end-use industries, which further drive the natural colors market. Natural colors which are widely used in the food industry are caramel, carotenoids, anthocyanins, and others (carmine, betalains, anthraquinones, cochineal extract, curcumin, and turmeric).

The food colors market, based on application, has been segmented into beverages, dairy products, bakery & confectionery, meat products, and others which include condiments, dressings, and sauces, savory & snacks, custards & pudding, and frozen products. The growth in demand for beverages has led to various innovative products launched in the market; for example, high performing encapsulated beta-carotene product, ‘Ultra Stable Red’ natural color, beet juice colors, annatto extract and many other alternatives for different shades were innovated. This increase in demand for beverages, especially in the emerging countries such as India, China, Brazil, Argentina, and South Africa, has in turn fueled the demand for food colors in the beverage industry.

Food colors by solubility has been segmented into dyes and lakes. The dyes segment is the largest and fastest-growing in this food colors market. Dyes are widely used in the food colors market, due to their use in large number of applications such as food & beverage products and their properties such as greater stability, and brighter coloring than most natural colorings.

The food colors market was dominated by the North American region in 2015. The growth in this market was driven by the high consumer demand, favorable government policies, pre dominance of high growth in the R&D, increase in consumer interest in better appearance and texture of food products, and growth in demand for food & beverage products manufactured with food colors.

Asia-Pacific is the fastest-growing region in the food colors market. Consumers in countries such as India, China, Indonesia, Australia, and Japan are gradually demanding better food products with increased shelf-life, texture, and appearance. Increase in consumer expenditures in these countries for food & beverages has been driving the market in the region. The market is expected to be of great potential in the region in the next five years and projected to grow significantly at the highest growth rate between 2016 and 2022.

Factors such as ill effects caused by synthetic colorants, and strict regulations regarding the inclusion of synthetic colors are restraining the market growth.

Some of the key players of the food colors are Archer Daniels Midland Company (U.S.), Chr. Hansen S/A (Denmark), Sensient Technology Corporation (U.S.), Koninklijke DSM N.V. (Netherlands), and FMC Corporation (U.S.). Other players in this market include Naturex S.A. (France), D.D. Williamson & Co. Inc. (DDW) (U.S.), Döhler Group (Germany), Kalsec Inc. (U.S.), and Fiorio Colori (Italy).

In 2015, Chr. Hansen S/A (Denmark) launched CapColors Orange 057 WSS colorant, this would offer affordable and high performing encapsulated beta-carotene products for beverage manufacturers. In 2013, it introduced a new color WhiteWhey that would serve the cheese industry. It was a replacement for annatto that was used to provide an appropriate color to cheese.

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  • Archer Daniels Midland Company
  • Chr. Hansen A/S
  • D.D. Williamson & Co. Inc. (DDW)
  • Dohler Group
  • FMC Corporation
  • Fiorio Colori SPA
  • Kalsec, Inc.
  • Koninklijke DSM N.V.
  • Naturex S.A.
  • Sensient Technologies Corporation
Note: Product cover images may vary from those shown
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