The food color market size was valued at $2.1 billion in 2019, and is estimated to reach $3.5 billion by 2027, registering a CAGR of 12.4% from 2020 to 2027. A food color is a pigment or a dye, which adds color to food items or drinks. Food colors are available in liquid, liquid gel, gel paste, and powdered forms. They find their major application in commercial food and household cooking. Food quality is evaluated on the basis of the color of the food. Food color does not always mean that the ingredients are organic, however, in few cases, it refers to less amount of ingredients used in it. The less ingredients added, the more natural the food product is. Thus, consumers demand natural and organic ingredients in food colors for better lifestyle and to minimize the risk of diseases that are caused due to artificial food colors.
The popular trend of healthy living has increased awareness among consumers about the components used in food products. In addition, consumers are often careful about choosing food products when it comes to products that are consumed by children. Thus, they have shifted their preference from food made with using chemical modifiers to natural, healthy, simple food.
The growth of the global food color market is driven by increase in demand for clean label foods and health benefits offered by natural colors. Moreover, the enhanced product appeal offered by these colors to food items boosts their demand across the globe, thereby boosting the market growth. However, the side effects associated with food colors and implementation of stringent regulations toward the use of artificial colors restrict the market growth. In addition, high cost of natural colors hampers the growth of the global market. On the contrary, increase in demand for cost-effective products are expected to provide potential opportunities for market expansion during the forecast period.
The global food color market is segmented into type, application, and region. On the basis of type, the market is categorized into natural color and artificial color. The applications covered in the study include meat products, beverages, dairy, bakery & confectionary, processed food & vegetables, oils & fats, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa.
The key players profiled in this report are AromataGroup SRL (Fiorio Colori SPA), Givaudan (Naturex S.A.), Kalsec, Inc., Archer Daniels Midland Company, Chr. Hansen A/S, D.D. Williamson & Co. Inc. (DDW), Dohler Group, International Flavors & Fragrances, Koninklijke DSM N.V., and Sensient Technologies Corporation.
KEY BENEFITS FOR STAKEHOLDERS
This study provides an in-depth analysis of the Food Color market with current and future trends to elucidate the imminent investment pockets in the market.
The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
Porters five forces analysis of industry and SWOT analysis of the key market players have been provided to illustrate the business strategies adopted by them.
The value chain analysis of the industry highlights the key intermediaries involved and elaborates their roles and value additions at every stage in the value chain.
The quantitative analysis of the market during the period 2020-2027 has been provided to elaborate the market potential.
KEY MARKET SEGMENTS
By Type
o Natural Color
o Artificial Color
By Application
o Meat Products
o Beverages
o Dairy
o Bakery & Confectionary
o Processed Food & Vegetables
o Oils & Fats
o Other
By Region
o North America
U.S.
Canada
Mexico
o Europe
Germany
France
UK
Spain
Italy
Rest of Europe
o Asia-Pacific
China
Japan
Australia
India
Rest of Asia-Pacific
o Latin America
Brazil
Argentina
Colombia
Rest of Latin America
o Middle East
Saudi Arabia
Egypt
Turkey
Rest of Middle East
o Africa
South Africa
Nigeria
Rest of Africa
CHAPTER 1:INTRODUCTION
1.1.Key benefits for stakeholders
1.2.Key market segments
1.3.Research methodology
1.3.1.Secondary research
1.3.2.Primary research
1.4.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porters five forces analysis
3.3.1.Moderate bargaining power of suppliers
3.3.2.Moderate bargaining power of buyers
3.3.3.Moderate threat of substitution
3.3.4.High threat of new entrants
3.3.5.Moderate intensity of competitive rivalry
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Surge in demand for natural colors due to their organic properties
3.5.1.2.Increase in consumer demand for clean label color products
3.5.1.3.Asia Pacific region to exhibit potential growth opportunities
3.5.1.4.Upsurge in marketing activities and improvement in distribution channels
3.5.2.Restraints
3.5.2.1.High extraction cost of natural ingredients
3.5.2.2.Increase in side effects of artificial food colors
3.5.2.1.Lack of awareness regarding food colors in undeveloped nations
3.5.3.Opportunities
3.5.3.1.Increase in demand for cost-effective natural products
3.5.3.2.Increase in investments by small- & mid-sized food product manufacturing companies
3.6.Market Share Analysis
3.7.Impact of COVID-19 on Food Color Market
CHAPTER 4:FOOD COLOR MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.1.2.Market volume and forecast
4.2.Natural color
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market volume and forecast
4.3.Artificial color
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market volume and forecast
CHAPTER 5:FOOD COLOR MARKET, BY APPLICATION
5.1.Overview
5.1.1.Market size and forecast
5.1.2.Market volume and forecast
5.2.Meat products
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
5.2.3.Market volume and forecast
5.3.Beverages
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.3.3.Market volume and forecast
5.4.Dairy
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast
5.4.3.Market volume and forecast
5.5.Bakery & confectionary
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast
5.5.3.Market volume and forecast
5.6.Processed food & vegetables
5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast
5.6.3.Market volume and forecast
5.7.Oils & fats
5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast
5.7.3.Market volume and forecast
5.8.Others
5.8.1.Key market trends, growth factors, and opportunities
5.8.2.Market size and forecast
5.8.3.Market volume and forecast
CHAPTER 6:FOOD COLOR MARKET, BY REGION
6.1.Overview
6.1.1.Market size and forecast, by region
6.1.2.Market volume and forecast, by region
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market volume and forecast, by type
6.2.4.Market size and forecast, by application
6.2.5.Market volume and forecast, by application
6.2.6.Market size and forecast, by country
6.2.7.Market volume and forecast, by country
6.2.7.1.U.S.
6.2.7.1.1.Market size and forecast by type
6.2.7.1.2.Market volume and forecast by type
6.2.7.1.3.Market size and forecast by application
6.2.7.1.4.Market volume and forecast by application
6.2.7.2.Canada
6.2.7.2.1.Market size and forecast by type
6.2.7.2.2.Market volume and forecast by type
6.2.7.2.3.Market size and forecast by application
6.2.7.2.4.Market volume and forecast by application
6.2.7.3.Mexico
6.2.7.3.1.Market size and forecast by type
6.2.7.3.2.Market volume and forecast by type
6.2.7.3.3.Market size and forecast by application
6.2.7.3.4.Market volume and forecast by application
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market volume and forecast, by type
6.3.4.Market size and forecast, by application
6.3.5.Market volume and forecast, by application
6.3.6.Market size and forecast, by country
6.3.7.Market volume and forecast, by country
6.3.7.1.Germany
6.3.7.1.1.Market size and forecast by type
6.3.7.1.2.Market volume and forecast by type
6.3.7.1.3.Market size and forecast by application
6.3.7.1.4.Market volume and forecast by application
6.3.7.2.France
6.3.7.2.1.Market size and forecast by type
6.3.7.2.2.Market volume and forecast by type
6.3.7.2.3.Market size and forecast by application
6.3.7.2.4.Market volume and forecast by application
6.3.7.3.Italy
6.3.7.3.1.Market size and forecast by type
6.3.7.3.2.Market volume and forecast by type
6.3.7.3.3.Market size and forecast by application
6.3.7.3.4.Market volume and forecast by application
6.3.7.4.UK
6.3.7.4.1.Market size and forecast by type
6.3.7.4.2.Market volume and forecast by type
6.3.7.4.3.Market size and forecast by application
6.3.7.4.4.Market volume and forecast by application
6.3.7.5.Spain
6.3.7.5.1.Market size and forecast by type
6.3.7.5.2.Market volume and forecast by type
6.3.7.5.3.Market size and forecast by application
6.3.7.5.4.Market volume and forecast by application
6.3.7.6.Rest of Europe
6.3.7.6.1.Market size and forecast by type
6.3.7.6.2.Market volume and forecast by type
6.3.7.6.3.Market size and forecast by application
6.3.7.6.4.Market volume and forecast by application
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market volume and forecast, by type
6.4.4.Market size and forecast, by application
6.4.5.Market volume and forecast, by application
6.4.6.Market size and forecast, by country
6.4.7.Market volume and forecast, by country
6.4.7.1.China
6.4.7.1.1.Market size and forecast by type
6.4.7.1.2.Market volume and forecast by type
6.4.7.1.3.Market size and forecast by application
6.4.7.1.4.Market volume and forecast by application
6.4.7.2.Japan
6.4.7.2.1.Market size and forecast by type
6.4.7.2.2.Market volume and forecast by type
6.4.7.2.3.Market size and forecast by application
6.4.7.2.4.Market volume and forecast by application
6.4.7.3.South Korea
6.4.7.3.1.Market size and forecast by type
6.4.7.3.2.Market volume and forecast by type
6.4.7.3.3.Market size and forecast by application
6.4.7.3.4.Market volume and forecast by application
6.4.7.4.Australia
6.4.7.4.1.Market size and forecast by type
6.4.7.4.2.Market volume and forecast by type
6.4.7.4.3.Market size and forecast by application
6.4.7.4.4.Market volume and forecast by application
6.4.7.5.India
6.4.7.5.1.Market size and forecast by type
6.4.7.5.2.Market volume and forecast by type
6.4.7.5.3.Market size and forecast by application
6.4.7.5.4.Market volume and forecast by application
6.4.7.6.Rest of Asia-Pacific
6.4.7.6.1.Market size and forecast by type
6.4.7.6.2.Market volume and forecast by type
6.4.7.6.3.Market size and forecast by application
6.4.7.6.4.Market volume and forecast by application
6.5.Latin America
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market volume and forecast, by type
6.5.4.Market size and forecast, by application
6.5.5.Market volume and forecast, by application
6.5.6.Market size and forecast, by country
6.5.7.Market volume and forecast, by country
6.5.7.1.Brazil
6.5.7.1.1.Market size and forecast by type
6.5.7.1.2.Market volume and forecast by type
6.5.7.1.3.Market size and forecast by application
6.5.7.1.4.Market volume and forecast by application
6.5.7.2.Argentina
6.5.7.2.1.Market size and forecast by type
6.5.7.2.2.Market volume and forecast by type
6.5.7.2.3.Market size and forecast by application
6.5.7.2.4.Market volume and forecast by application
6.5.7.3.Colombia
6.5.7.3.1.Market size and forecast by type
6.5.7.3.2.Market volume and forecast by type
6.5.7.3.3.Market size and forecast by application
6.5.7.3.4.Market volume and forecast by application
6.5.7.4.Rest of Latin America
6.5.7.4.1.Market size and forecast by type
6.5.7.4.2.Market volume and forecast by type
6.5.7.4.3.Market size and forecast by application
6.5.7.4.4.Market volume and forecast by application
6.6.Middle East
6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by type
6.6.3.Market volume and forecast, by type
6.6.4.Market size and forecast, by application
6.6.5.Market volume and forecast, by application
6.6.6.Market size and forecast, by country
6.6.7.Market volume and forecast, by country
6.6.7.1.Saudi Arabia
6.6.7.1.1.Market size and forecast by type
6.6.7.1.2.Market volume and forecast by type
6.6.7.1.3.Market size and forecast by application
6.6.7.1.4.Market volume and forecast by application
6.6.7.2.Egypt
6.6.7.2.1.Market size and forecast by type
6.6.7.2.2.Market volume and forecast by type
6.6.7.2.3.Market size and forecast by application
6.6.7.2.4.Market volume and forecast by application
6.6.7.3.Turkey
6.6.7.3.1.Market size and forecast by type
6.6.7.3.2.Market volume and forecast by type
6.6.7.3.3.Market size and forecast by application
6.6.7.3.4.Market volume and forecast by application
6.6.7.4.Rest of Middle East
6.6.7.4.1.Market size and forecast by type
6.6.7.4.2.Market volume and forecast by type
6.6.7.4.3.Market size and forecast by application
6.6.7.4.4.Market volume and forecast by application
6.7.Africa
6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by type
6.7.3.Market volume and forecast, by type
6.7.4.Market size and forecast, by application
6.7.5.Market volume and forecast, by application
6.7.6.Market size and forecast, by country
6.7.7.Market volume and forecast, by country
6.7.7.1.South Africa
6.7.7.1.1.Market size and forecast by type
6.7.7.1.2.Market volume and forecast by type
6.7.7.1.3.Market size and forecast by application
6.7.7.1.4.Market volume and forecast by application
6.7.7.2.Nigeria
6.7.7.2.1.Market size and forecast by type
6.7.7.2.2.Market volume and forecast by type
6.7.7.2.3.Market size and forecast by application
6.7.7.2.4.Market volume and forecast by application
6.7.7.3.Rest of Africa
6.7.7.3.1.Market size and forecast by type
6.7.7.3.2.Market volume and forecast by type
6.7.7.3.3.Market size and forecast by application
6.7.7.3.4.Market volume and forecast by application
CHAPTER 7:COMPETITIVE LANDSCAPE
7.1.Competitive dashboard
7.2.Competitive heatmap
7.3.Product mapping
7.4.Top winning strategies
7.5.Top player positioning
CHAPTER 8:COMPANY PROFILES
8.1.AROMATAGROUP SRL (FIORIO COLORI SPA)
8.1.1.Company overview
8.1.2.Key executive
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.Key strategic moves and developments
8.2.ARCHER DANIELS MIDLAND COMPANY
8.2.1.Company overview
8.2.2.Key executive
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.R&D expenditure
8.2.7.Business performance
8.2.8.Key strategic moves and developments
8.3.GIVAUDAN (NATUREX S.A.)
8.3.1.Company overview
8.3.2.Key executive
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.R&D expenditure
8.3.7.Business performance
8.3.8.Key strategic moves and developments
8.4.CHR HASEN A/S
8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D expenditure
8.4.7.Business performance
8.4.8.Key strategic moves and developments
8.5.DDW THE COLOR HOUSE
8.5.1.Company overview
8.5.2.Key executive
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.Key strategic moves and developments
8.6.DOEHLER GROUP SE
8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.7.INTERNATIONAL FLAVORS & FRAGRANCES INC.
8.7.1.Company overview
8.7.2.Key executive
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.R&D expenditure
8.7.7.Business performance
8.7.8.Key strategic moves and developments
8.8.KALSEC INC.
8.8.1.Company overview
8.8.2.Key Executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.9.KONINKLIJKE DSM N.V.
8.9.1.Company overview
8.9.2.Key executive
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.R&D expenditure
8.9.7.Business performance
8.10.SENSIENT TECHNOLOGIES CORPORATION
8.10.1.Company overview
8.10.2.Key executive
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio
8.10.6.R&D expenditure
8.10.7.Business performance
8.10.8.Key strategic moves and developments