IMARC Group’s latest research report, 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 forward, IMARC Group expects the market to reach a value of US$ 6.78 Billion by 2027, exhibiting a CAGR of 7.15% during 2022-2027. Food colors consist of pigments, dyes, and other additives that aid in enhancing the appearance of fresh and processed products. They are derived from synthetic coal-tar and inorganic substances or vegetable sources, such as beets, corn, soybean, etc. Food colors are available in the liquid, gel, and powder forms. They minimize the loss of color on account of exposure to air, light, moisture, and variations in temperature. As a result, food colors are extensively utilized in various products, including cheese, jams, jellies, sausage casings, baked goods, candies, snacks, margarine, biscuits, cookies, cakes, pastries, carbonated drinks, gelatin desserts, powdered drink mixes, orange and potato skins, etc.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, form, solubility and application.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Food Colors Market
- Strategies of major players and product offerings
The expanding food and beverage (F&B) sector and the growing consumption of packaged and treated products are primarily driving the food colors market. Besides this, the widespread product usage in the pharmaceutical industry for manufacturing gels, tablets, mouthwash, syrups, drugs, etc., is further augmenting the market growth. Apart from this, the elevating number of individuals with chronic ailments, such as diabetes, hypertension, and cardiovascular diseases (CVDs), is propelling the requirement for food-colored medicines with distinct tastes and smells. This, in turn, is acting as another significant growth-inducing factor. Moreover, the escalating popularity of artificial colors, owing to their high coloring ability, brightness, stability, easy availability, homogeneous color distribution, ease of application, etc., is anticipated to bolster the food colors market over the forecasted period.
Key Players Included in Global Food Colors Market Research Report:
- Archer-Daniels-Midland Company
- AromataGroup SRL (Nactarome S.P.A.)
- BASF SE, Cargill Incorporated
- International Flavors & Fragrances Inc.
- Kalsec Inc.
- Koninklijke DSM N.V.
- LycoRed Ltd. (Adama Agricultural Solutions Ltd.)
- San-Ei Gen F.F.I. Inc.
- Sensient Technologies Corporation.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Type:
- Natural Colors
- Artificial Colors
Breakup by Form:
Breakup by Solubility:
Breakup by Application:
- Meat Products
- Dairy Products
- Bakery and Confectionary
- Processed Food and Vegetables
- Oils and Fats
Breakup by Region:
- North America (United States, 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, Other)
TOC for the Food Colors Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Food Colors Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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