Natural food coloring market is expected to reach $4.1 billion

Natural food coloring market is expected to reach $4.1 billion

From 2023 to 2033, the natural food coloring market is expected to grow at a compound annual growth rate (CAGR) of 7.4%. The market is expected to grow from its current value of $2 billion in 2023 to $4.1 billion by the end of 2033.

Liquid form of natural food coloring is widely available, easy to spread and suitable for a variety of formulas. Liquid natural food colorings are expected to experience a faster growth rate through 2033, with a compound annual growth rate of 7.9%.

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The need to increase product attractiveness and increase knowledge about the benefits of clean label products is expected to have a positive impact on the global market. Furthermore, the food industry’s increased R&D efforts to find new color chemicals and the increasing adoption of microencapsulation technology would boost sales of natural food colorants.

Key insights:

– The liquid form segment is expected to experience a robust CAGR of approximately 7.9% during the review period.

– Among product types, the anthocyanin segment is expected to dominate and capture approximately 60% of the market share over the entire period considered.

– In the United States, sales of natural food dyes are expected to show a steady growth rate of 5%.

– In terms of application, the beverage segment is expected to account for approximately 40% of the global natural food coloring market share by the end of 2033.

– Within Europe, Germany is poised to maintain its leading position in terms of market share throughout the forecast period.

Factors driving growth:

– Increased demand for carmine, which is widely used in various food products such as jam, yogurt, cake icing and gelatin desserts, is expected to boost sales.

– The increasing need for natural food colorings of animal origin, especially from food and beverage manufacturers seeking Halal certification, is expected to further boost sales.

Key companies profiled:
• Frutarom
• ColorKitchen
• Givaudan
• Sensitive technologies
• Kalsec Inc.
• Symrise AG
• Naturex
• McCormick & Company

Competitive landscape:

Prominent suppliers of natural food colorings strive to increase their market share and revenues by creating reliable and inventive products. The majority of large companies are integrated throughout the value chain, from the extraction of raw materials to the delivery of final products. A few companies spend huge sums of money on research to create distinctive shades using only natural components.

Here are the rewritten excerpts:

1. “In April 2022, GNT Group, a leading food coloring supplier headquartered in the Netherlands, unveiled its newest organic line, EXBERRY, featuring green and yellow hues sourced from organic apple, spirulina and safflower.”

2. “In September 2021, Divi’s Nutraceuticals, an Indian manufacturer specializing in vitamins and carotenoids, launched its newest natural food ingredient, CaroNat. This product offers a rich dark orange to yellow color for a variety of food and beverage applications, including dairy products.”

Read more:

Key Segments of Natural Food Color Industry Research
• By product:
o Carotenoid
o Curcumin
o Anthocyanin
o Chlorophyll
o Carmine
o Others
• Via form:
o Liquid
o Powder
o Gel
o Emulsion
• By application:
o Dairy products
o Drinks
o Confectionery and bakery products
o Others
• Per region:
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa

In conclusion, the natural food coloring market is experiencing a significant increase in demand, driven by a shift in consumer preferences towards healthier and more sustainable food options. The market has witnessed remarkable developments such as the introduction of innovative natural food coloring solutions by leading manufacturers.

Companies like GNT Group and Divi’s Nutraceuticals are pioneers in the development of natural food colorings derived from organic sources such as fruits, vegetables and plant extracts. These products offer vibrant and attractive shades while meeting increasing consumer demand for clean label and natural ingredients.

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This release was published on openPR.