Global Food Colorants Market-Growth, Trends and Forecast 2017 - 2022

  • ID: 4386747
  • Report
  • Region: Global
  • 167 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, impart color for the visual appeal 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 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. Growing demand of natural ingredients in food products, increased consumption of beverages, regulatory support for the colouring food stuff in the EU regulation are the other factors which increased the market demand of food colorants. The major restrain the industry faces is the growing awareness on the ill effects of synthetic colors and its ban in some countries. 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 FDA and 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, natural colors and colouring foodstuffs. Synthetic colors currently hold a major share, but natural colorants are the fastest growing segment. Colouring foodstuffs is an emerging but booming market in the food industries due to its clean label solutions to the manufacturers. In terms of region, North America formed the largest segment of the food colors market in 2013 followed by Europe. An increase in demand for natural food color in the European region is driving the market. Western Europe and North America accounting for 32% and 29% of the total natural colorants market share, respectively. The European food and beverages colorants market is dominated by Germany, followed by France. Germany accounts for largest share in the use of colorants in F&B industry of the European region. 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.
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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 Food safety norms driving clean labels products
3.2.3 Demand for natural food 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 FDA Regulatory Process
3.4 Opportunities
3.4.1 Growing demand for innovations in Natural colors
3.4.2 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
4.3 By Geography
4.3.1 North America
4.3.1.1 US
4.3.1.2 Mexico
4.3.1.3 Canada
4.3.1.4 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
7. Appendix

List of Tables

1: North America food Food Colorants market revenue, by Country, 2012-2020($ Million)
2: North America food Food Colorants market revenue, by type, 2012-2020($ Million)
3: U.S.: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
4: Canada.: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
5: Mexico: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
6: Others: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
7: North America food Food Colorants market revenue, by Application, 2012-2020($ Million)
8: U.S.: Food Colorants market Revenue,by Application, 2012-2020 ($Million)
9: Canada.: Food Colorants market Revenue,by Application, 2012-2020 ($Million)
10: Mexico: Food Colorants market Revenue,by Application, 2012-2020 ($Million)
11: Others: Food Colorants market Revenue,by Application, 2012-2020 ($Million)
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