Home > Food, Nutrition & Animal Feed > Food Colorants Market
Industry Overview
Food Colorants Market size exceeded USD 3.65 billion in 2020 and is estimated to grow at a CAGR of over 7% between 2021 and 2027. Various types of food colorants such as synthetic, natural and nature-identical are used in a wide range of bakery & confectionery products. They find a vast scope of application into biscuits & cookies, cakes & pastries, desserts, muffins, meal replacement bars etc.
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Synthetic food colorants are used to enhance the taste & texture of final products and they are preferred due to their easy availability, long lasting effects and cost effectiveness. However natural and nature-identical food colorants contain various nutrients as they are derived from natural sources and less processed thus preferred over synthetic ones.
| Report Coverage | Details |
|---|---|
| Base Year: | 2020 |
| Market Size in 2020: | USD 3.5 Billion |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 7% |
| 2027 Value Projection: | USD 5.85 Billion |
| Historical Data for: | 2016 to 2020 |
| No. of Pages: | 500 |
| Tables, Charts & Figures: | 883 |
| Segments covered: | Type, Product, Form, Solubility, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Changing dietary habits & growing preference for RTE food products has increased the sales of bakery & confectionery products globally. As the consumers are seeking for instant & convenient and nutritional diet options due to hectic & busy life schedules the adoption of bakery & confectionery and RTD beverages such as juices, protein shakes, energy shots etc. has surged in recent years. The trend of replacing regular diet with healthy and fortified food products is expected to propel the food colorants market demand during the assessment period.
Various health benefits offered by Anthocyanins has propelled its demand from RTE food products
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The Anthocyanins food colorants market is projected to reach a value of around USD 550 million by 2027, growing at a CAGR of 7% between 2021 and 2027. Anthocyanins belong to the flavonoid family of compounds and natural pigments. They are water-soluble and are widespread in vascular plants. They are extracted from a plant-based diet that provides the trace components found in most vegetables and fruits such as apples, grapes, cherries, red onions, pomegranates, red berries and red cabbage.
They also improve the microcirculation of the human body, reduce obesity, and decrease heart disease because of their oxidative stress absorption properties thus used as food colorants.
It is also used as a food flavor for dairy products such as fruit fillings, dry mixes, convenience drinks, snack bar preparations and yogurt. Increasing awareness of the health benefits of anthocyanins has played an important role in increasing the demand for natural anthocyanin-based food colorings. Its anti-allergic, antibacterial, antioxidant, anti-inflammatory and other properties further increase its use in many applications thereby driving the segment expansion.
Longer shelf life and wide application scope as compared to the liquid form has driven the demand for powder food colorants
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With a market revenue of over USD 2.5 billion in 2020, the powder form segment dominated the overall market demand for food colorants. Food colorants are available in various forms such as liquids, powders, gels, and pastes however the advantages of powdered food colorants such as versatility, ease of use, color consistency, and high-volume usage are driving the product demand. Moreover, these product forms have a longer shelf life compared to the liquid form and provide more control over decorative applications than conventional liquid dyes thereby supporting the segment growth.
Powder food colorants are used in the bakery & confectionery, meat products, dairy and frozen desserts. Introduction of versatile and innovative products coupled with the increasing consumer demand due to changing tastes & references has encouraged the food processors to use powdered food colorants thus boosting the market growth of the segment.
Growing consumption of RTD beverages and dairy & frozen desserts owing to changing dietary habits is expected to stimulate Asia Pacific food colorants market statistics
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Asia Pacific emerged as the fastest-growing region in the market globally, registering a market value of over USD 870 million in 2020 and is expected to grow at a CAGR of 7.7% over the review period. This is mainly attributed to the growing consumption of RTD beverages such as protein shakes, mocktails, sports drinks, etc., and dairy & frozen desserts on account of changing dietary habits and preferences towards instant & convenient sources to meet the daily nutrient requirement.
Food colorants are widely used in beverages such as juices, soft drinks, shakes, mocktails, and dairy products & frozen desserts such as yogurt, ice creams, etc. They provide unique taste and flavor along with the colorful and dazzling appearance that attracts the consumer. In addition to this, natural and nature-identical food colorants induce vital vitamins, minerals & other nutrients that enhance the nutritional profile of final products.
Natural food colorants are derived from fruits, vegetables, and algae and thus are considered to be safe to use in food products. They contain high antioxidant, anti-inflammatory and anti-allergic properties thus making them a preferable choice over their counterparts. Growing health consciousness and rising R&D activities in the food processing industry has surged demand for food additives in RTD beverages and dairy & frozen desserts thereby driving the regional market forecasts.
Moreover, the increasing consumption of meat, poultry & seafood products owing to decreasing religious & cultural barriers accompanied with a rise in fast food chains & quick-service restaurants support the market development in the region.
Increasing investments in R&D and product innovations by industry participants to accelerate market competitiveness
Key players in the food colorants market are BASF SE, Cargill Incorporated, Koninklijke DSM N.V., ADM, FMC Corporation, DowDuPont, DDW The Colour House, Chr. Hansen Holding A/S, and Sensient Colors LLC.
The other players of global market include GNT Group, Döhler Group, Naturex, Lycored, Frutarom, San-Ei Gen F.F.I., Inc., Sethness Caramel Color, WILD Flavors and Specialty Ingredients and RIKEN VITAMIN Co., Ltd.
The global food colorants market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons & revenue in USD Million from 2016 to 2027 for the following segments:
By Type
- Natural Colors
- By Product
- Anthocyanins
- Carotenoids
- Caramel
- Curcumin
- Chlorophyll
- Paprika Extract
- Spirulina
- By Form
- Powder
- Liquid
- By Solubility
- Dye
- Lake
- By Application
- Beverages
- Dairy & Frozen Products
- Bakery
- Meat, Poultry & Seafood
- Confectionery
- Oils & Fats
- Others
- By Product
- Synthetic Colors
- By Product
- Red
- Yellow
- Blue
- Green
- By Form
- Powder
- Liquid
- By Solubility
- Dye
- Lake
- By Application
- Beverages
- Dairy & Frozen Products
- Bakery
- Meat, Poultry & Seafood
- Confectionery
- Oils & Fats
- Others
- By Product
- Nature Identical Colors
- By Product
- Beta Carotene
- Beta Apo 8 Carotenal
- Beta Apo 8 Carotenal Ester
- Canthaxanthin
- Lycopene
- By Form
- Powder
- Liquid
- By Solubility
- Dye
- Lake
- By Application
- Beverages
- Dairy & Frozen Products
- Bakery
- Meat, Poultry & Seafood
- Confectionery
- Oils & Fats
- Others
- By Product
The above information has been provided for the following countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Sweden
- Austria
- Poland
- Russia
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Thailand
- Australia
- Malaysia
- Latin America
- Brazil
- Argentina
- Mexico
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
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