Global Food Colorants Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Food Colorants Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Natural Color, and Synthetic Color), Application (Beverages, Dairy & Frozen Products, Bakery, Meat, Poultry and Seafood, Confectionery, Sauces and Condiments, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Food Colorants Market was valued at USD 2,786.6 million in 2023 and is expected to reach USD 7,513.7 million by 2031 while growing at a CAGR of 13.2% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global food colorants market growth. Food colorants, also called food dyes or additives, enhance the color of food and beverages, serving purposes like visual appeal, compensating for color loss during processing, and ensuring a consistent appearance to meet consumer expectations.
Increasing demand for natural and clean-label products, coupled with ongoing innovations in food technologies, propels the growth of the food colorants market. However, obstacles like health and safety concerns and stringent regulatory standards may impede market expansion.
Furthermore, the global food colorants industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Food Colorants Market is segmented among Natural Color, and Synthetic Color, based on Product Type. In 2023, Synthetic Color accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Food Colorants Market is segmented among Beverages, Dairy & Frozen Products, Bakery, Meat, Poultry and Seafood, Confectionery, Sauces and Condiments, and Others, based on Application. In 2023, Bakery accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Food Colorants Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Chr Hansen holdings, D.D. Williamson & Co., Koninklijke DSM N.V., Sensient technologies Corporation, Dohler group., Naturex SA, Fiorio Colori S.P.A., BASF SE, GNT Group, and Likored.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Food Colorants Market Dynamics
Drivers
Restraints
Opportunity
4. Global Food Colorants Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Food Colorants Market Segmentation, By Product Type
Global Food Colorants Market Share Analysis, By Product Type
Global Food Colorants Market Growth Analysis, By Product Type
Global Food Colorants Market Trends, By Product Type
o Natural Color
o Synthetic Color
6. Global Food Colorants Market Segmentation, By Application
Global Food Colorants Market Share Analysis, By Application
Global Food Colorants Market Growth Analysis, By Application
Global Food Colorants Market Trends, By Application
o Beverages
o Dairy & Frozen Products
o Bakery
o Meat
o Poultry and Seafood
o Confectionery
o Sauces and Condiments
o Others
7. Global Food Colorants Market Segmentation, By Region
Global Food Colorants Market Share Analysis, By Region
Global Food Colorants Market Growth Analysis, By Region
Global Food Colorants Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Chr Hansen holdings*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
D.D. Williamson & Co.
Koninklijke DSM N.V.
Sensient technologies Corporation
Dohler group.
Naturex SA
Fiorio Colori S.P.A.
BASF SE
GNT Group
Likored
*Similar analysis will be provided for each company listed above.
