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  • Published In : Sep 2022
  • Code : CMI3800
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Natural food colors are foodstuffs that are added to food and beverage to enhance consumer appeal. They can be classified into pigments and dyes and are available in different forms including liquid gel, paste, and powder. Some of the natural food colors also have antioxidants properties and other health benefits. Natural food colors are used in a variety of foods such as meat products, dairy products, beverages, bakery &confectionary, etc.

Global natural food colors market was valued at US$ 1.8 Billion in 2021 in terms of revenue, exhibiting a CAGR of 6.6% during the forecast period (2022 to 2030).

Drivers

Rising awareness regarding the health benefits of organic and natural food ingredients is expected to augment the market growth of natural food colors. Artificial food colors can cause various diseases such as cancer, hypersensitivity, and brain tumors, because of which consumers highly prefer natural food colors. This, in turn, is projected to drive the market growth of natural food colors.

Retailers are focusing on new categories for natural food products due to rising health-conscious people which is projected to accelerate market growth. According to the Coherent Market Insights analysis, major retailers such as Kroger and Safeway, an American supermarket chain, operate categories such as ‘Simple Truth’ and ‘Open Nature’ respectively. These consist of food made either from all-natural or minimal artificial ingredients.

During the COVID-19 crisis, the prices of natural food are likely to rise, owing to economic instability. However, this rise in the prices is likely to be there for the short term. During this period, demand for natural food products is expected to decrease.

Figure 1. Global Natural food Colors Market Value Share (%), By Region, 2021

NATURAL FOOD COLORS MARKET

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Market Restraints

High price and uneven availability of raw materials such as fruits, vegetable, and minerals is expected to hamper the production cycle of natural food colors. This is expected to hinder the market growth over the forecast period. Many natural food colors are sourced from crops. Limited availability of such raw materials is a key factor causing an increase in the prices of ingredients sourced from them.

Natural Food Colors Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 1.8 Bn
Historical Data for: 2017-2020 Estimated Year: 2022
Forecast Period 20 22to 2030 CAGR: 6.6% Forecast Period: 2022-2030
Geographies covered:
  • Region: North America, Latin America, Europe, Asia Pacific, Middle East & Africa
Segments covered:
  • By product Type: Carotenoid (Beta-carotene, Annatto, Lutein, Lycopene), Curcumin, Anthocyanin, Paprika, Spirulina, Chlorophyll, Others
  • By Application: Beverages (Alcohol, Non-alcoholic), Packaged/Frozen Food, Confectionery and Bakery Items, Dairy Products, Others
Companies covered:

GNT International B.V. , Roha Dyechem Pvt. Ltd., D.D. Williamson & Co., Inc., Kalsec Inc., Chr. Hansen A/S, Archer Daniels Midland Company, Adama Agricultural Solutions Ltd. (LycoRed), Naturex S.A., Sensient Technologies Corporation, and Symrise AG

Growth Drivers:
  • Rising awareness regarding the health benefits of organic and natural food ingredients is expected to augment the market growth of natural food colors
  • Rising demand for natural food colors is one of the major factors driving growth of the global market
Restraints & Challenges:
  • High price and uneven availability of raw materials such as fruits, vegetable, and minerals is expected to hamper the production cycle of the natural food colors

Market Trends

Increasing use of natural food colour in baby food as it is subjected to strict rules and regulations is thus, raising demand for natural food colors. Rising safety and health concerns regarding baby food are further anticipated to augment the market growth of the natural food colors.

Figure 2. Global Natural Food Colors Market Value Share (%), By Product Type, 2021

NATURAL FOOD COLORS MARKET

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Recent Developments

  • In July 2022, Symrise AG, a producer of flavours and fragrances, offered an emollient with antimicrobial properties that protects the skin from scalp to toe. Among other functions, the ingredient supports dandruff control concepts. It also works well in skin care products for acne-prone and oily skin
  • In June 2022, Symrise AG, a producer of flavours and fragrances, built a factory in Grasse for Maison Lautier 1795 to reinforce its position in natural raw materials. This will complement its existing factories in Holzminden, Germany, and Madagascar
  • In June 2022, Symrise AG, a producer of flavours and fragrances, Symrise presented its broad range of diana food blueberry ingredients and active compounds. Like other products from the portfolio of natural ingredients, it features various characteristics and performance benefits. They include competitiveness, various organoleptic properties, application-specific high-quality standards as for baby food, distinct certification like organic, and the option to claim health benefits.

Competitive Section

Major players operating in the global natural food colors market include GNT International B.V. , Roha Dyechem Pvt. Ltd., D.D. Williamson & Co., Inc., Kalsec Inc., Chr. Hansen A/S, Archer Daniels Midland Company, Adama Agricultural Solutions Ltd. (LycoRed), Naturex S.A., Sensient Technologies Corporation, and Symrise AG

Frequently Asked Questions

Global natural food colors market was valued at around US$ 1.8 Billion in 2021.

Rising awareness regarding the health benefits of organic and natural food ingredients is expected to augment the market.

Increasing use of natural food colour in baby food as it is subjected to strict rules and regulations is thus, raising demand for natural food colors.

High price and uneven availability of raw materials such as fruits, vegetable, and minerals is expected to hamper the production cycle of natural food colors.

Major players operating in the market include GNT International B.V. , Roha Dyechem Pvt. Ltd., D.D. Williamson & Co., Inc., Kalsec Inc., Chr. Hansen A/S, Archer Daniels Midland Company, Adama Agricultural Solutions Ltd. (LycoRed), Naturex S.A., Sensient Technologies Corporation, and Symrise AG

The market is estimated to grow at around 6.6% CAGR in the forecast period (2022-2030).

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