Asia-Pacific Food Colorants Market-Growth, Trends and Forecast 2017 - 2022

  • ID: 4386735
  • Report
  • Region: Asia Pacific
  • 97 pages
  • Mordor Intelligence
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The food colors market is one of the segments of the global food additives market. Food Colors are used by the food and beverages industry to improve the color of the food which is lost while food processing. Food colors market is projected to reach $2.5 billion by 2020; growing at a CAGR of 4.5%. The Asia Pacific food and beverages colorants market is estimated to grow at a CAGR of 5%, from 2015 to 2020

The market is driven by easily available raw materials which includes fruits & vegetables. Growing food safety concerns in the global food markets are pressurizing manufacturing to adopt clean labels. The major restrain the industry faces is the growing awareness on the ill effects of synthetic colors. This has triggered the demand for natural colors, which have high costs when compared to synthetic colors. The increasing disposable incomes, changing lifestyles in emerging countries are driving demand for processed foods. And to attract the target segment companies tend to add food colorants. The stringent food standards regulations by several regulatory bodies is proving to be a constraint for manufactures, thus forcing them to look at alternatives in the form of innovations in the natural colorants.

The market is segmented based on types which include synthetic and natural colors. Synthetic colors currently hold a major share, but natural colorants are the fastest growing segment. Asia-Pacific is estimated to see a high CAGR mainly attributed to rising economies and increasing consumption of processed foods. The Asia Pacific food and beverages colorants market is dominated by Australia and New Zealand, followed by Japan and China.

The report profiles companies like DDW-Color house, Royal DSM, Sensient technologies, Riken Vitamin, FMC Corp among others. To gain market share, these companies are adapting numerous market strategies like innovative product development, partnerships, mergers & acquisitions, and expansion of existing facilities.
Note: Product cover images may vary from those shown
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1. Introduction
1.1 Research methodology
1.2 Market Definition
1.3 Report Description
2. Key Findings
3. Market Overview & Dynamics
3.1 Introduction
3.2 Drivers
3.2.1 Easy availability of raw materials
3.2.2 Demand for clean labels
3.2.3 Changing Demographics
3.2.4 Growing awareness for natural colors
3.3 Restraints
3.3.1 High Costs of Natural colors
3.3.2 Awareness on ill effects of few synthetic colors
3.3.3 Stringent Food Standards
3.4 Opportunities
3.4.1 Growing demand for innovations in Natural colors
3.4.2 Demand from emerging countries
3.4.3 Demand for functional foods
3.4.4 Wider Acceptance of GSFA for improved International Trade
3.5 Porter Five Forces Analysis
3.5.1 Bargaining power of Suppliers
3.5.2 Bargaining power of Buyers
3.5.3 Degree of Competition
3.5.4 Threat of Substitution
3.5.5 Threat of new entrants
4. Market Segmentation
4.1 Food Colorants Market, by type
4.1.1 Synthetic Food colorants
4.1.2 Natural Food Colorants
4.1.3 Others
4.2 By Application
4.2.1 Bakery
4.2.2 Dairy & Frozen products
4.2.3 Oils & Fats
4.2.4 Confectionary
4.2.5 Meat poultry & Sea Food products
4.2.6 Beverages
4.2.7 Others
5. Competitive Landscape Overview
5.1 Market Share Analysis
5.2 Strategies by leading players
5.3 New Product Developments &Other Innovations
6. Company Profiles
6.1 Chr Hansen holdings
6.2 D.D. Williamson & Co.
6.3 Royal DSM
6.4 Sensient technologies
6.5 FMC Corp
6.6 Dohler group
6.7 Naturex SA
6.8 Fiorio Colori S.P.A.
6.9 Kalsec Inc
6.10 kancor Ingredients
6.11 Univar
6.12 BASF
6.13 Riken Vitamin
6.14 GNT group
7. Appendix

List of Tables

1: China: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
2: China: Food Colorants market Revenue,by Application, 2012-2020 ($Million)
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Note: Product cover images may vary from those shown