A Deep Dive Into Size, Share& Value Of Natural Food Colors Market Forecast During Year 2022-2030
Natural Food Colors Market |
The growing pressure from regulatory authorities and
consumers for natural and organic ingredients in the consumables is expected to
have triggered the adoption of natural colors by the manufacturers even though
the high prices of the colors as compared to synthetic ones. The
Natural Food Colors Market has been
experiencing significant growth due to increasing consumer demand for clean
label and natural ingredients in food products.
As Per the Research of
Coherent Market Insights, The Global natural food colors
market was valued at US$ 1.8 Billion in 2021 in terms of revenue, exhibiting a
CAGR of 6.6% during the forecast period (2022 to 2030).
The
scientific and medical organizations across the world promote the use of
nutraceuticals to boost health and immunity, which benefits the Natural
Food Colors Market. The high functionality of super food, along with
the good image of the term natural, has been the key factor driving natural
food colourant demand in the industry. Consumers are drawn to items with easy
and intelligible labelling, prompting food firms to choose coloring foodstuffs
above other industry choices.
Natural food
colors are derived from various sources such as fruits, vegetables, plants, and
minerals, and are used to enhance the visual appeal of food without the use of
synthetic additives. The market size of the Natural Food Colors Market is expected to reach a substantial
value. Factors driving market growth include the rising awareness about the
health benefits of natural ingredients, stricter regulations on synthetic food
additives, and the growing preference for clean and transparent food labeling.
In terms of
market share, the Natural Food Colors
Market is occupied by several key players that offer a wide range of
natural color solutions to the food and beverage industry. These players
include major companies like Chr. Hansen Holding A/S, Sensient Technologies
Corporation, Döhler GmbH, Archer Daniels Midland Company (ADM), and Naturex (part
of Givaudan), among others.
The value of
the Natural Food Colors Market is
influenced by factors such as the demand for natural food products, consumer
preferences for visually appealing food, and the expansion of the food and
beverage industry. The market value is determined by the revenue generated from
the sales of natural food color products.
You may also have a look at the press release of Natural Food Colors
Market at https://www.coherentmarketinsights.com/press-release/natural-food-colors-market-3069
Comments
Post a Comment