The latest research report from the IMARC group, titled “Food Colors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. The global food colors market reached a value of US$4.42 billion in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$6.78 billion by 2027, growing at a CAGR of 7.15% over the period 2022-2027. Food colors consist of pigments, dyes and other additives that help improve the appearance of fresh and processed products. They are derived from synthetic coal tar and inorganic substances or vegetable sources, such as beets, corn, soybeans, etc. Food colorings are available in liquid, gel and powder form. They minimize color loss due to exposure to air, light, humidity and temperature variations. As a result, food colors are widely used in various products including cheese, jams, jellies, sausage casings, baked goods, candies, snacks, margarine, biscuits, cookies, cakes , pastries, soft drinks, gelatin desserts, powdered drink mixes, orange and potato peels, etc.
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Important Attribute and Report Highlights:
- Detailed Global Market Share Analysis
- Market segmentation by type, form, solubility and application.
- Historical, current and projected market size in terms of volume and value
- Latest industry trends and developments
- Competitive landscape for the food colors market
- Strategies of key players and product offerings
The expansion of the food and beverage (F&B) sector and the growing consumption of packaged and processed products are mainly driving the food colorings market. Further, the widespread use of the products in the pharmaceutical industry for the manufacture of gels, tablets, mouthwashes, syrups, drugs, etc. further increases the growth of the market. Apart from this, the growing number of people suffering from chronic diseases, such as diabetes, hypertension, and cardiovascular disease (CVD), propels the need for food coloring drugs with distinct tastes and smells. This, in turn, acts as another important factor inducing growth. Moreover, the growing popularity of artificial colorants, owing to their high coloring ability, brightness, stability, easy availability, even color distribution, ease of application, etc., are expected to strengthen the food coloring market over the forecast period.
Key Players Included in the Global Food Colorants Market Research Report:
- Archer-Daniels-Midland Company
- AromataGroup SRL (Nactarome SPA)
- BASF SE, Cargill Incorporated
- International Flavors and Fragrances Inc.
- Kalsec Inc.
- Koninklijke DSM AG
- LycoRed Ltd. (Adama Agricultural Solutions Ltd.)
- San-Ei Gen FFI Inc.
- Sensient Technologies Corporation.
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Overview of the impact of COVID-19:
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Key Market Segmentation:
Breakdown by type:
- Natural colors
- Artificial colors
Breakdown by form:
Breakdown by solubility:
Breakdown by application:
- Meat products
- Dairy products
- Bakery and Confectionery
- Processed foods and vegetables
- Oils and fats
Breakdown by region:
- North America (USA, Canada)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Table of Content of Food Colors Market Research Report:
- Scope and methodology
- Global Food Colors Market
- SWOT analysis
- Value chain analysis
- Price analysis
- Competitive landscape
Who we are:
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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