The global natural food colors market size is expected to surpass US$ 2.8 billion by 2021 expanding at a CAGR of 4.7% between 2015 and 2021. Food colorants are used across several sub-segments in good industry including bakery, confectionery, dairy and dairy products and packaged food segments. The most commonly used and widely consumed food colors categorized as natural colors such as caramel, carotenoid and paprika and synthetic colors such as yellow colors and blue colors etc. globally the food colors are widely consumed in the European market followed by Asia Pacific markets; while North America tops in the consumption of natural colors.
Latin America is anticipated to grow at the highest CAGR over the period of 2015-2021. Moreover the growth rate in Asia Pacific market is anticipated to surpass that in Europe and North America, thanks to rapidly emerging markets such as India and China. Among the application segments the dairy and dairy products segments is anticipated to be the fastest growing segment while packaged food segment is the largest segment in the global food colorants market. Among the product segments the natural colors are likely to grow at the fastest pace while natural colors such as caramel paprika and others are likely to experience wide acceptance from the consumers in the world.
The report on global food market sold by Decision Databases, an online aggregator and supplier of market research reports, segments the market based on the product types as natural food colors and synthetic food colors. Furthermore the report, covers the analysis of the food colors industry using analytical tools such as Porters Five Forces Model, value chain analysis, market attractiveness analysis, company share analysis, brand share analysis. The global food colors market is analyzed across major geographies such as North America, Europe, Asia Pacific, Latin America and Rest of the world (Including South Africa and Middle East).
On the basis of applications the food colors market is segmented as
Bakery and Confectionery
Dairy and Dairy Products
Regional Analysis covers geographies such as
Rest of the World.
2) Cargill Inc.
3) CHR. Hansen
6) Sensient Technologies Corporation
8) Wild Flavors
9) SAN-EI GEN F.F.I. INC
10) Sethness Products.
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