Food Colors Market by Type (Natural Colors, Synthetic and Nature-Identical), Form (Powder, Liquid and Gel), Solubility (Dyes and Lakes), Application and Geography - Global Industry Analysis, Opportunities and Forecast up to 2026

The global food colors market size was valued at $4.06 billion in 2020, and is projected to reach $5.70 billion by 2026, growing at a CAGR of 5.8% during the forecast period.
 
• The food colors market is expected to witness significant growth in the future due to rise in the adoption of multi-color concoctions for processed food sector and upsurge in demand for natural colors from various end-use industries.

• Additionally, rise in consumer awareness for clean-label products and the additional health benefits of certain natural food colors is estimated to create ample opportunities for the market for food colors.

• However, complicated extraction process of natural ingredients and stringent regulations pertaining to the use of colors in food applications may restrain the market.

Food colors are the components used to give any food item or beverage the desired appearance. Carbonated drinks, ready-to-eat (RTE) foods, frozen foods, alcoholic beverages, processed meals, juices, and sauces all include them. Food colors come in a variety of forms, including liquid, liquid gel, gel paste, and powder, and are used in both commercial and home cooking. Natural and artificial food colors are available on the market.

By Type, the Natural Colors Segment is Projected to Show Strong Presence in the Global Market

The increasing number of food recalls due to the presence of inappropriate ingredients or pathogens, as well as the spread of global pandemics, are driving the growth of natural food colors in the global food colors market. These factors have heightened consumers' concerns about the quality and safety of the food they consume. As a result, there has been a surge in demand for various types of organic food colors. As a result, natural hues are gaining momentum among food and beverage makers, propelling the global food colors market forward. Natural hues are expected to account for a bigger market share as a result of these factors.

By Geography, Europe Region Dominates by Being the Largest Market for Food Colors

Europe commanded the largest share of the global food colors market in followed by Asia Pacific and North America. Increased demand for processed food goods in nations like Germany, France, Italy, and Spain is largely responsible for this region's large market share. Factors such as increased government backing for the food processing sector and rising investment in research & development by major companies in the food industry are also projected to fuel the expansion of the food colors market in the region.

List of the Key Players Profiled in the Market Include:

• ADM
• International Flavors & Fragrances Inc.
• Sensient Technologies Corporation
• DSM
• Naturex
• DDW
• Dohler Group
• Florio Colori
• Lycored
• Kalsec Inc.
• Sunfoodtech
• Ajanta Chemical Industries
• Frutarom Industries Ltd
• Aromata Group SRL
• DuPont

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:
• Natural Colors
• Synthetic
• Nature-Identical
   
Market by, Form:
• Powder
• Liquid
• Gel
   
Market by, Solubility:
• Dyes
• Lakes

Market by, Application:
• Food Products
• Beverages
   
Market by, Geography:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview            
    1.1 Introduction        
    1.2 Research Objectives       
    1.3 Market Segmentation       
    1.4 Stakeholders        
    1.5 List of Acronyms        
              
2 Executive Summary            
              
3 Research Methodology            
    3.1 Identification of Data       
    3.2 Evaluation of Market Dynamics      
    3.3 Collaboration of Data       
    3.4 Verification and Analysis       
    3.5 Data Sources        
    3.6 Assumptions        
              
4 Market Dynamics            
    4.1 Market Drivers        
            4.1.1 Rise in the Adoption Of Multi-Color Concoctions for Processed Food Sector
            4.1.2 Upsurge in Demand for Natural Colors from Various End-Use Industries
    4.2 Market Restraints        
            4.2.1 Stringent Regulations Pertaining to the use of Colors in Food Applications
    4.3 Market Opportunities       
            4.3.1 Rise in Awareness about the Health Benefits Associated with Natural Colorants
    4.4 Market Challenges        
            4.4.1 Complicated Extraction Process of Natural Ingredients
    4.5 Impact of COVID-19 on Food Colors Market     
              
5 Porter's Five Force Analysis           
    5.1 Bargaining Power of Suppliers       
    5.2 Bargaining Power of Buyers       
    5.3 Threat of New Entrants       
    5.4 Threat of Substitutes       
    5.5 Competitive Rivalry in the Market      
              
6 Global Food Colors Market by, Type          
    6.1 Overview        
    6.2 Natural Colors        
            6.2.1 Carmine 
            6.2.2 Annatto 
            6.2.3 Carotenoids
            6.2.4 Anthocyanins
            6.2.5 Caramel 
            6.2.6 Spirulina 
            6.2.7 Chlorophyll
            6.2.8 Other Natural Colors
    6.3 Synthetic         
            6.3.1 Red 
            6.3.2 Blue 
            6.3.3 Yellow 
            6.3.4 Green 
            6.3.5 Amaranth
            6.3.6 Carmoisine
            6.3.7 Other Synthetic Colors
    6.4 Nature-Identical        
              
7 Global Food Colors Market by, Form          
    7.1 Overview        
    7.2 Powder         
    7.3 Liquid         
    7.4 Gel         
              
8 Global Food Colors Market by, Solubility           
    8.1 Overview        
    8.2 Dyes         
    8.3 Lakes         
              
9 Global Food Colors Market by, Application         
    9.1 Overview        
    9.2 Food Products        
            9.2.1 Processed Food Products
            9.2.2 Dairy Products
            9.2.3 Bakery & Confectionery Products
            9.2.4 Meat, Poultry, And Seafood
            9.2.5 Oils & Fats
            9.2.6 Other Food Products
    9.3 Beverages        
            9.3.1 Alcoholic Beverages
            9.3.2 Carbonated Soft Drinks
            9.3.3 Functional Drinks
            9.3.4 Juice & Juice Concentrates
              
10 Global Food Colors Market by, Geography         
    10.1 Overview        
    10.2 North America        
    10.3 Europe         
    10.4 Asia Pacific        
    10.5 South America        
    10.6 Middle East & Africa       
              
11 Key Developments            
              
12 Company Profiling            
    12.1 ADM         
            12.1.1 Business Overview
            12.1.2 Product/Service Offering
            12.1.3 Financial Overview
            12.1.4 SWOT Analysis
            12.1.5 Key Activities
    12.2 International Flavors & Fragrances Inc.      
    12.3 Sensient Technologies Corporation      
    12.4 DSM         
    12.5 Naturex         
    12.6 DDW         
    12.7 Dohler Group        
    12.8 Florio Colori        
    12.9 Lycored         
    12.10 Kalsec Inc.        
    12.11 Sunfoodtech        
    12.12 Ajanta Chemical Industries       
    12.13 Frutarom Industries Ltd       
    12.14 Aromata Group SRL        
    12.15 DuPont