$5 Billion Natural Dyes Market - Global Outlook and Forecasts 2019-2024
DUBLIN, Feb. 18, 2019 /PRNewswire/ --
The "Natural Dyes Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global natural dyes market is anticipated to generate revenues of approximately $5 billion by 2024, growing at a CAGR of around 11% during 2018-2024.
The increasing focus on quality and performance coupled with stringent government environmental regulations regarding pollution will encourage the use of natural ingredients in the global market. The rising awareness about the depletion of natural resources, distortion of ecological imbalance, pollutants resulting in a disturbed environment caused by the over usage of hazardous chemicals and specifically synthetic dyes will enable vendors to launch a more sustainable and safer alternative in the market.
The global natural dyes market is driven by the innovations in treatment plants and systems. The improvement in living standards and an increase in per capita disposable income will propel the demand for natural colorants in the global market. The market research report provides in-depth market analysis and segmental analysis of the global natural dyes market by type, end-users, and geography.
The report considers the present scenario of the global natural dyes market and its market dynamics for the period 2018-2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and production sides of the market. It also profiles and analyzes prominent companies operating in the market.
Natural Dyes Market - Dynamics
The recent market trend of increasing demand for natural, organic, and sustainable products is driving the demand for products which use natural raw materials is driving the natural dyes market. The high needs of nowadays consumers generate the frequent use of a high amount of different synthetic dyes in all branches of the economy. The popularity of these chemically synthesized dyes is connected with easy and low-cost production, vast color spectrum, and colorfastness.
The R&D in the dyeing industry has been more concentrated toward the optimization of synthetic dyes but the renewed interest for natural dyes is encouraging more research in this field in order to achieve efficient and greener future prospects and new processes.
One of the main researches and innovation are in natural dyes is the use of enzymes and ultrasonic dyeing techniques, rising use in India, which are aimed at avoiding the use of metal mordants and obtaining comparable or better results than synthetic dyes. The market is also witnessing an increase in the influence of digital consumerism on the sale of food products. There is a wide scope for vendors to increase their profitability by adopting e-commerce as a business platform. Amazon. com, ASDA. com, and Walmart. com are some of the largest vendors in the online retail market for day to day products.
Natural Dyes Market - Segmentation
Plant-based segment dominated more than two-thirds of the total market share in 2018, growing at a CAGR of around 12% during the forecast period. The growing evidence against harmful effects and rising concerns toward protection of the environment, the use of synthetic dyes is fueling the growth of this segment in the global market. The mineral-based products are used in coloring and staining of textiles, particularly used in carpets and rugs, which in turn, contributes to the growing revenues in the global natural dyes market.
The end-user segment in the global natural dyes market is divided into cosmetics, food & beverage, pharmaceutical, textile & leather, and others. Cosmetics is the fastest growing segment in the global market, at a CAGR of around 11% during the forecast period. The rising number of green-minded consumers and the emerging trend of all natural products are driving the growth of this segment in the global market. Natural ingredients are raging in the food and beverages industry and gaining acceptance in the cosmetics sectors, thereby, fueling the requirement of these colorants in the market. The use of suitable mordants that improves the fastness properties these products will boost the adoption in the textile and leather industry in the market. The pharmaceutical industry uses this product in tablets and coatings, liquid oral syrup, capsules, ointment, and toothpaste to increase its aesthetic appearance and stability, resulting in higher demand in the global natural dyes market.
Natural Dyes Market - Geography
The global natural dyes market by geography is classified into APAC, Europe, North America, Latin America, and MEA. North America occupied the largest market share in 2018, growing at a CAGR of approximately 7% during the forecast period. The rising tide of environment conscious consumers is leading to the implementation of natural dyes in apparels, food, drinks, beauty products, health & wellness, and medicinal products in the North American market. The retail demand of the premium-priced all natural products as a price reduction of premium products is levied in European countries will fuel the growth of the global market. The rise in advanced technological developments and the increase of new and domestic manufacturers selling products in online stores across APAC will contribute to the revenues in the global natural dyes market.
Key Vendor Analysis
The global natural dyes market competition is driven by market conditions, technological innovations, and industry development. The leading vendors are focusing on the development and commercialization of robotic technology to sustain the competition in the market. The top players are boosting their profitability by practicing efficient production techniques that minimize production costs and mitigate associated risks in the market. The increase in product/color extensions, innovations, and M&A activities will intensify the competition in the global natural dyes market.
The major vendors in the global market are:
- Abbey Color
- AMA Herbal Laboratories
- Aura Herbal Textiles
- Maiwa
- Pylam Products Company
- Sun Food Tech
- GNT
- Stony Creek Colors
- NIG Food Engineering
- Couleurs de Plantes
- Aurora Silk
- Earthues
- Wild Colours
- Renaissance Dyeing
- Ashford Handicrafts
- Sam vegetable Colours
- Green matter Natural Dye
- Shiva Exim
- Biodye
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Economic Factors Aiding Market Growth
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Growing Number of Environment-conscious Consumers
8.1.2 Improving Standards of Living and Increasing Urbanization
8.1.3 Growing End-user Industries
8.2 Market Growth Restraints
8.2.1 High Competition from Synthetic Dyes
8.2.2 Lack of Wastewater Treatment Practices
8.2.3 High Cost yet Low Color Effectiveness
8.3 Market Opportunities & Trends
8.3.1 Innovations in Dyeing Technology
8.3.2 Increased Awareness about Natural Dyes through Internet
9 Global Natural Dyes Market
9.1 Market Overview
9.2 Synthetic Dyes and their Consumption Share
9.3 Porter's Five Forces Analysis
10 By Product Type
10.1 Market Overview
10.2 Plant-based Dyes
10.3 Animal-Based Dyes
10.4 Mineral-Based Dyes
11 By End-Users
11.1 Market Overview
11.1.1 Global Natural Dyes Market by End-users
11.2 Food & Beverage
11.3 Textile & Leather
11.4 Pharmaceutical
11.5 Cosmetics
11.6 Others
12 By Geography
For more information about this report visit https://www.researchandmarkets.com/research/42ksvv/5_billion?w=5
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