Colorants Market Overview –
In 2020, the natural food global colorants market was worth USD 1,625.79 million, with a CAGR of 8.47% during the projecte period (2021-2026).
Consumers’ demand to know where their food comes from has intensifier as a result of the COVID-19 outbreak, while food cost remains a major worry for consumers globally. Furthermore, demand for locally produce food has increase as customers are concern about becoming infect by consuming more importee items with unknown ingredient origins. As a result, new private label entrants in the food business, as well as local makers of natural colorants, have benefit.
As the global COVID-19 pandemic continues to spread, the scientific and medical organizations around the world are recommending the use of nutraceuticals to boost health and immunity, which benefits the natural food colorant sector.
The high functioning of superfood, combine with the positive perception of the term “natural,” has been the key factor driving demand for natural food colorants. Consumers are drawn to items with straightforward, easy-to-understand labels, prompting food manufacturers to choose food coloring over other available options.
COVID 19 Impacts –
Within all areas, we are regularly monitoring the impact of the COVID-19 pandemic on various industries and verticals. The same is include in our research reports, which will assist you comprehend the decline and rise cause by COVID-19’s influence on the industries. We can assist you in determining the gap between demand and supply in your target market. In addition, the report assists you with analysis, update government laws, and a variety of other relevant information.
Scope of the Report –
The Colorants Market detail study will examine data changes and their impact on the market at a global level. It also examines the market’s general growth and companies’ ability to manage and maintain profit levels, which is critical for any investor looking to start or expand a business in the same sector.
By offering a complete study of current trends and major changes that create a framework for the company to compute market growth potential in the near future, the report strives to give investors with an accurate projection of market development through time. The report also keeps track of and documents major events such as business mergers, joint endeavors, accomplishments, new product innovations, and market activity. The major goal of this study is to provide a growth map that can be use to calculate the benefits.
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Natural food colors are pigments extract selectively from foods and other edible natural source materials using physical and/or chemical extraction methods that leave the nutritional or aromatic ingredients intact. The Global Natural Food Colorants Market is divide into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa base on type (anthocyanin, carotenoids, caramel, betanin’s, curcumin, carmine, paprika, lycopene, spirulina, and other types), application (bakery, dairy-base products, beverages, confectionery, nutraceuticals, snacks and cereals, and other applications), and geography (North For each of the following segments, the research provides a market size in USD million.
Segmentation Analysis –
Composition, source, kinds, end-use industry, and region have all been use to categories the worldwide colorants market . The market has been segment into organic and inorganic segments base on the composition segment. The global colorants market has been divide into natural and synthetic segments base on the source segment. The global colorants market has been divide into dyes, pigments, coatings, masterbatches, inks, paint, and others base on their types.
The market has been divide into textiles, packaging, pharmaceuticals, personal care, building & construction, foods & drinks, automotive, paper & printing, and others base on the end-use industry.
Competitive Landscape –
The market studies is consolidate with few companies that emerge as the leading players owing to their market share in 2020, including Chr. Hansen Holding AS, Givaudan (Naturex), Koninklijke DSM NV, Sentient Technologies, and Symrise AG. The key players in the market studies are increasingly relying on product innovation and business expansion as the most adoptee strategies among all others. There has been an extensive investment in R&D in the past years, which led to the introduction of numerous new products in the market. Moreover, merger and acquisition was another important strategy among manufacturers like DDW, The Color House, and Sentient Technologies.
Some of the companies that are profiled in this report are –
The Innovation Company
Koel Colours Private Limited
By Type –
By Application –
By Regions –
Middle East & Africa