Food Colors Market - Forecasts from 2019 to 2024

The food colors market is projected to grow at a CAGR of 5.67% to reach US$3.037 billion by 2024, from US$2.182 billion in 2018. Presentation is the key; hence food colors play an important role for attracting customers providing them a visual appeal leading to the product purchase. A food looking delicious holds importance as much as the taste does. Additionally, food colors also provide nutritional benefits as they are extracted from natural sources and therefore serve as one of the drivers driving the market growth. Apart from flavor and texture, food color also plays an important role in judging the food quality as one of the quality parameters by the quality control professionals in the food industry. Hence, increasing use of food colors in the food and beverage industry will drive the growth of the global food colors market in the coming years.

Drivers

Increasing demand for convenience foods
Rising consumer awareness

Restraints

Health hazards of synthetic colorants
Stringent regulations

Industry Update

In July 2018, ColorKitchen extends the shelf life and vibrancy of its natural colors products and segments.

In 2015, Sensient food colors Europe developed proprietary technology in the extraction of Spirulina that complies with both EU guidelines and FDA quality specification.

The major players profiled in the Food colors market are Archer Daniels Midland Company, DuPont Nutrition & Health, Chr. Hansen Holding A/S, DSM and Lycored Corp, Naturex S.A, Döhler GmbH, AromataGroup s.r.l, Kalsec Inc. and DDW The Colour House among others.

Segmentation

The food colors market has been analyzed through the following segments:

By Type

Natural food colors
Synthetic food colors

By Product Type

Powder
Solutions

By Distribution Channel

Online
Offline

By Geography

North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Other
Asia Pacific
China
Japan
South Korea
India
Others

1. INTRODUCTION

1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE

2. RESEARCH METHODOLOGY

2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES

3. KEY FINDINGS

4. MARKET DYNAMICS

4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER'S FIVE FORCES ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS

5. FOOD COLORS MARKET BY TYPE

5.1. NATURAL FOOD COLORS
5.2. SYNTHETIC FOOD COLORS

6. FOOD COLORS MARKET BY PRODUCT TYPE

6.1. POWDER
6.2. SOLUTIONS

7. FOOD COLORS MARKET BY DISTRIBUTION CHANNEL

7.1. ONLINE
7.2. OFFLINE

8. FOOD COLORS MARKET BY GEOGRAPHY

8.1. NORTH AMERICA
8.1.1. USA
8.1.2. CANADA
8.1.3. MEXICO
8.2. SOUTH AMERICA
8.2.1. BRAZIL
8.2.2. ARGENTINA
8.2.3. OTHERS
8.3. EUROPE
8.3.1. GERMANY
8.3.2. FRANCE
8.3.3. UNITED KINGDOM
8.3.4. SPAIN
8.3.5. OTHERS
8.4. MIDDLE EAST AND AFRICA
8.4.1. SAUDI ARABIA
8.4.2. ISRAEL
8.4.3. OTHER
8.5. ASIA PACIFIC
8.5.1. CHINA
8.5.2. JAPAN
8.5.3. SOUTH KOREA
8.5.4. INDIA
8.5.5. OTHERS

9. COMPETITIVE INTELLIGENCE

9.1. COMPETITIVE BENCHMARKING AND ANALYSIS
9.2. RECENT Investments AND DEALS
9.3. STRATEGIES OF KEY PLAYERS

10. COMPANY PROFILES

10.1. ARCHER DANIELS MIDLAND COMPANY
10.2. DUPONT NUTRITION & HEALTH
10.3. CHR. HANSEN HOLDING A/S
10.4. DSM
10.5. LYCORED CORP.
10.6. NATUREX S.A
10.7. DÖHLER GMBH
10.8. AROMATAGROUP S.R.L.
10.9. KALSEC INC.
10.10. DDW THE COLOUR HOUSE