Food Colors Market Forecast: US$ 5.69 Billion Revenue by 2029

Food Colors Market size was valued at US$ 3.81 Bn. in 2022 and the revenue are expected to grow at 5.9% through 2023 to 2029, reaching nearly US$ 5.69 Bn.

Food Colors  Market Overview:

The purpose of this study is to provide an in-depth analysis of the   Food Colors Market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the  Food Colors    industry. The study also provides a thorough examination of the market’s value chain.

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Food Colors  Market Scope:

The research method used to assess and forecast the  Food Colors    market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the  Food Colors    market.

Food Colors   Market Drivers:

Food Colours Market size was valued at US$ 3.81 Bn. in 2022 and the revenue are expected to grow at 5.9% through 2023 to 2029, reaching nearly US$ 5.69 Bn.

Increased demand for food and beverage goods as well global beverages consumption is projected as the global population grows, which is expected to drive demand for the product even higher throughout the projection period. North America is expected to account for 8.7% of worldwide beverage large quantities of goods in 2022, while Western Europe will account for 9.2%. In 2000, their combined market share was about one-third of worldwide beverage consumption; by 2022, it will have decreased to 18%. In 2022, Asia, on the other hand, is expected to take 47.2 % of the market.

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Food Colors    Market Segmentation:

by Type

Synthetic
Red 40/Allura Red
Yellow No. 5
Yellow No. 6
Others
Natural
Beta Carotene
Astaxanthin
Anthocyanin
Annatto
Others
Natural-identical
Other Mixed Carotene
Lutein
Canthaxanthin
Lycopene
Curcumin
Titanium Dioxide
Others
Others

by Application

Dairy Food
Non-Dairy Food
CSD & Non-alcoholic Beverages
Alcoholic Beverages

by Source

Plants & Animals
Minerals & Chemicals
Microorganisms

by Form

Liquid
Powder
Gel

by Solubility

Dyes
Lakes

Food Colors Market Key Players are:

1. AromataGroup SRL (Fiorio Colori SPA)
2. Givaudan (Naturex S.A.)
3. Kalsec, Inc.
4. Archer Daniels Midland Company
5. Chr. Hansen A/S
6. D.D. Williamson & Co. Inc. (DDW)
7. Dohler Group
8. International Flavors & Fragrances
9. Koninklijke DSM N.V.
10.Sensient Technologies Corporation
11.CHR Hansen
12.Naturex
13.Roha Dye Chem Pvt. Ltd
14.ADM
15.International Flavors and Fragrances Corporation

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Food Colors    Market Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

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Key Questions Answered in the  Food Colors    Market Report are:

• Which segment had the largest share in the  Food Colors    market?
• How is the competitive scenario of the  Food Colors    market in 2020?
• Which are the key drivers impacting the  Food Colors    market growth?
• Which region holds the maximum share in the  Food Colors    market?
• What will be the CAGR of the  Food Colors    market during the forecast period (2021-2027)?

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