Food Colorants Market: Increasing consumer demand for natural food colorants to drive growth
The key factor driving the global food colorants market growth is the increasing consumer demand for natural food colorants owing to the increase in consumer awareness about the environmental impact caused by artificial chemicals in processed foods. Thus, vendors in the market have been engaging in research and development activities to introduce advanced technologies and develop products that cater to consumer demand. For instance, in September 2021, Divi's Nutraceuticals, a manufacturer of carotenoid and vitamin ingredients used in food and beverage, launched its new product CaroNat. This natural food colorant offers dark yellow to orange coloration to food and beverages. CaroNat is made from concentrated carrot juice and contains beta-carotene. The product is available in fine powder form and offers stability when exposed to heat. Such factors are expected to support the growth of the global food colorants market during the forecast period.
Food Colorants Market: Increasing consumer demand for clean-label products is a major trend
The major trend driving the global food colorants market growth is the increasing consumer demand for clean-label products. Clean labeling ensures that a product is free from artificial colors, flavors, and ingredients and is made up of natural and organic ingredients, including food colorants. Food producers provide clean labeling to their products to strengthen their market presence and increase their revenues. For instance, prominent food producers such as Mars Incorporated, General Mills, and Kellogg's offer products that are free from artificial colors. In addition, in October 2020, the FDA approved butterfly pea flower extract as a color additive in response to a petition by Sensient. Similarly, in February 2020, GNT Group BV filed a petition with the FDA to expand the use of spirulina concentrate in condiments and sauces, dips, plant-based products, salad dressings, and seasoning mixes as a safe color additive. Such factors will have a positive impact on the market growth during the forecast period.
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Food Colorants Market: Segmentation Analysis
This market research report segments the food colorants market by Type (Natural colors, Synthetic colors, and Nature-identical colors) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa).
- Revenue Generating Segment - The food colorants market share growth by the natural colors segment will be significant during the forecast period. The increasing consumer awareness about the health benefits of natural food colorants will contribute to the growth of the segment in focus in the forecast period. For instance, they contain anti-allergic, anti-inflammatory, and antioxidant properties. Anthocyanins are known to reduce obesity and heart disease due to their properties of absorbing oxidative stress.
- Region - 35% of the market's growth will originate from Europe during the forecast period. Germany and UK are the key markets for food colorants in Europe. However, market growth in this region will be slower than the growth of the market in other regions. The significant increase in the demand for food colorants owing to the high consumption of processed ready-to-eat (RTE) food products and ready-to-drink (RTD) beverages in countries such as Germany, the UK, and France will facilitate the food colorants market growth in Europe over the forecast period
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Food Colorants Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.42% |
Market growth 2022-2026 |
USD 1.01 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.4 |
Performing market contribution |
Europe at 35% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Archer Daniels Midland Co., AROMATAGROUP SRL, Avees Products India, Cabot Corp., Dohler GmbH, FMC Corp., Givaudan SA, GNT Group BV, IFC Solutions, Incoltec, Kolorjet Chemicals Pvt Ltd., Lycored Corp., Riken Vitamin Co. Ltd., San-Ei Gen F.F.I. Inc., Sensient Technologies Corp., Special Ingredients Ltd., Chr. Hansen Holding AS, Koninklijke DSM NV, Roquette Freres SA, and BASF SE |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Natural colors - Market size and forecast 2021-2026
- Exhibit 28: Chart on Natural colors - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Natural colors - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Natural colors - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Natural colors - Year-over-year growth 2021-2026 (%)
- 5.4 Synthetic colors - Market size and forecast 2021-2026
- Exhibit 32: Chart on Synthetic colors - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Synthetic colors - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Synthetic colors - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Synthetic colors - Year-over-year growth 2021-2026 (%)
- 5.5 Nature-identical colors - Market size and forecast 2021-2026
- Exhibit 36: Chart on Nature-identical colors - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Nature-identical colors - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Nature-identical colors - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Nature-identical colors - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Type
- Exhibit 40: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 Market opportunity by geography
- Exhibit 66: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 67: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 68: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 69: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 70: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 71: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 72: Matrix on vendor position and classification
- 10.3 Archer Daniels Midland Co.
- Exhibit 73: Archer Daniels Midland Co. - Overview
- Exhibit 74: Archer Daniels Midland Co. - Business segments
- Exhibit 75: Archer Daniels Midland Co. - Key offerings
- Exhibit 76: Archer Daniels Midland Co. - Segment focus
- 10.4 BASF SE
- Exhibit 77: BASF SE - Overview
- Exhibit 78: BASF SE - Business segments
- Exhibit 79: BASF SE - Key news
- Exhibit 80: BASF SE - Key offerings
- Exhibit 81: BASF SE - Segment focus
- 10.5 Chr. Hansen Holding AS
- Exhibit 82: Chr. Hansen Holding AS - Overview
- Exhibit 83: Chr. Hansen Holding AS - Business segments
- Exhibit 84: Chr. Hansen Holding AS - Key offerings
- Exhibit 85: Chr. Hansen Holding AS - Segment focus
- 10.6 Dohler GmbH
- Exhibit 86: Dohler GmbH - Overview
- Exhibit 87: Dohler GmbH - Product / Service
- Exhibit 88: Dohler GmbH - Key offerings
- 10.7 FMC Corp.
- Exhibit 89: FMC Corp. - Overview
- Exhibit 90: FMC Corp. - Product / Service
- Exhibit 91: FMC Corp. - Key offerings
- 10.8 Givaudan SA
- Exhibit 92: Givaudan SA - Overview
- Exhibit 93: Givaudan SA - Business segments
- Exhibit 94: Givaudan SA - Key news
- Exhibit 95: Givaudan SA - Key offerings
- Exhibit 96: Givaudan SA - Segment focus
- 10.9 IFC Solutions
- Exhibit 97: IFC Solutions - Overview
- Exhibit 98: IFC Solutions - Product / Service
- Exhibit 99: IFC Solutions - Key offerings
- 10.10 Koninklijke DSM NV
- Exhibit 100: Koninklijke DSM NV - Overview
- Exhibit 101: Koninklijke DSM NV - Business segments
- Exhibit 102: Koninklijke DSM NV - Key news
- Exhibit 103: Koninklijke DSM NV - Key offerings
- Exhibit 104: Koninklijke DSM NV - Segment focus
- 10.11 Roquette Freres SA
- Exhibit 105: Roquette Freres SA - Overview
- Exhibit 106: Roquette Freres SA - Product / Service
- Exhibit 107: Roquette Freres SA - Key offerings
- 10.12 Sensient Technologies Corp.
- Exhibit 108: Sensient Technologies Corp. - Overview
- Exhibit 109: Sensient Technologies Corp. - Business segments
- Exhibit 110: Sensient Technologies Corp. - Key offerings
- Exhibit 111: Sensient Technologies Corp. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 112: Inclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 113: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 114: Research methodology
- Exhibit 115: Validation techniques employed for market sizing
- Exhibit 116: Information sources
- 11.5 List of abbreviations
- Exhibit 117: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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