The
global natural food colors market size is expected to
reach USD 2.50 billion by 2025, according to a new report by Grand View
Research, Inc. Growing concerns regarding the health hazards associated with
synthetic and natural identical colors is expected to drive the demand for the
product over the next nine years.
The
market is expected to grow on account of increasing penetration of the product
in key application industries including beverages, and bakery &
confectionery. In addition, the industry is expected to benefit from the
stringent regulations passed for the synthetic colors leading to an increasing
substitution.
High
dependence on raw materials such as fruits, vegetables, and spices, coupled
with substantial price fluctuations of the aforementioned products is expected
to act as a major deterrent for the market growth. However, the rise in
investments in research and development, to increase the production efficiency
is expected to drive the demand over the forecast period.
The
industry is characterized by the presence of a large number of high volume
manufacturers, with a majority of them integrated across product manufacturing
to distribution stages of the value chain. In addition, the companies are
involved in product distribution primarily through direct distribution as well
as third party distribution channels in a bid to expand their market presence.
U.S.
natural food colors market revenue, by application, 2014 - 2025 (USD Million)
Browse full
research report on Natural Food Colors Market: http://www.grandviewresearch.com/industry-analysis/natural-food-colors-market
Further key
findings from the report suggest:
- The use of the product in beverages accounted
for over 27% of the global volume in 2015, on account of rising demand for
nutritional beverages such as fruit juices, sports drinks, carbonated soft
drinks, and alcoholic drinks.
- Anthocyanin is expected to exhibit the highest
growth, growing at a CAGR of over 7% from 2016 to 2025 on account of high
substitution rate of the synthetic blues due to various health hazards
associated
- The industry in Asia Pacific is expected to
account for over 29% of the revenue market share by 2025, driven by the
rapid development of food & beverage industry in the region. Growing
demand for the product in developing economies of the region is likely to
propel demand
- Major players in the industry operate their
business through an extensive product portfolio with a number of
manufacturing and distribution facilities spread across the globe. In
addition, the companies are involved in the development of advanced
products with high stability in a bid to improve the share and increase
the revenues
Browse more
reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
Grand View Research has segmented the global natural food colors market
on the basis of product, application, and region:
Product
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
- Curcumin
- Carotenoids
- Anthocyanin
- Carmine
- Copper
Chlorophyllin
- Others
Application
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
- Bakery
& Confectionery
- Beverages
- Dairy
& Frozen Products
- Meat
Products
- Oil
& fat
- Fruits
& vegetables
- Food
Regional
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Japan
- Central
& South America
- Brazil
- Middle
East & Africa
Access
Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-natural-food-colors-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
No comments:
Post a Comment