According to a new report, published by KBV research, The Global Natural Food Colors Market size is expected to reach $2.8 billion by 2030, rising at a market growth of 11.0% CAGR during the forecast period.
The Dye segment is showcasing a CAGR of 12% during (2023 - 2030). For millennia, natural dyes have been used as food colors. Carotenoids, chlorophyll, anthocyanins, and turmeric are some of the most prevalent. The nutritional benefit of natural food dyes is the major factor driving the segment's rise.
The Processed Food Products segment is leading the Global Natural Food Colors Market by Application in 2022 thereby, achieving a market value of $1.7 billion by 2030. Natural colors are relatively vulnerable to food processing operations in processed food products. Customers' preference for natural pigments over synthetic colorants has rapidly expanded the dmeand for natural food colors. Customers increasingly demand processed food items made with natural components as their awareness of the risks associated with consuming synthetic additives in food products grows along with the demand for processed food.
The Animal segment has shown the growth rate of 12.1% during (2023 - 2030). The rapid expansion of this market segment is primarily due to the increasing usage of colors derived from animals in a variety of halal-certified food and beverage products. Red colorant E120 is made from cochineal beetles. It is combined with other materials (like tin) to make the beetle fluid more colorfast. The coloring is used in medicinal products and numerous popular food preparation items, including chocolate, yogurt drinks, etc.
The Powder segment is generating the highest revenue share in the Global Natural Food Colors Market by Form in 2022 thereby, achieving a market value of $1.8 billion by 2030. Powder food coloring is a dry kind of natural food coloring that does not contain any liquid. Powder food coloring produces the darkest, most intense color that is suitable for dry mixtures. These are often used in bakery & confectionery items, cereals, frozen desserts, savory dishes, and so on, which is projected to increase demand for natural food colors in powder form.
The Caramel segment is poised to grow at a CAGR of 10.7% during (2023 - 2030). One of the oldest and most popular food colorings, caramel color, is used to replace color lost due to light destruction during food processing and storage as well as to enhance naturally occurring colors. Nowadays, a wide variety of commercially produced foods and drinks contain caramel color, including batters, alcohol, brown bread, buns, chocolate, cookies, cough drops, and liquor. Globally, the use of caramel color in food is widely accepted, resulting in segment’s growth.
The Europe market dominated the Global Natural Food Colors Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $977.6 million by 2030. The North America market is experiencing a CAGR of 10.5% during (2023 - 2030). Additionally, The Asia Pacific market would showcase a CAGR of 11.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/natural-food-colors-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Archer Daniels Midland Company, Koninklijke DSM N.V., Döhler Gmbh, International Flavors & Fragrances Inc, GNT International B.V., Kalsec Inc., Givaudan SA, Sensient Technologies Corporation, Kanegrade Ltd. and Taiyo International (Taiyo Kagaku Corporation).
By Solubility
By Application
By Source
By Form
By Color Type
By Geography
Companies Profiled