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Amaranth Color Market Trends

Report ID: GMI11423
Published Date: Sep 2024
Report Format: PDF

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Amaranth Color Market Trends

Currently, the amaranth color industry is trending towards increased adoption of natural and clean-label ingredients in response to consumer demand for transparency and sustainability. The use of amaranth color is rising in food and beverages, cosmetics, and personal care products due to its vibrant hue and natural origin.

Upcoming trends include a growing emphasis on innovative extraction techniques to enhance color stability and functionality. Additionally, there is a movement towards combining amaranth with other natural colorants to create new shades and applications. As regulatory support for natural ingredients strengthens, the market is set to expand further, driven by these advancements and evolving consumer preferences.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of amaranth color reached USD 54.3 million in 2023. It is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2032, led by increasing demand in industries like food & beverages, cosmetics, pharmaceuticals, and personal care.

The food & beverages segment is projected to reach USD 38.96 million by 2032, with a CAGR of 5.3%. The demand for natural colorants, driven by consumer preference for clean-label products, is boosting the use of amaranth color in confectionery, dairy, and beverage products.

North America dominates the market and is projected to reach USD 27.09 million by 2032, growing at a CAGR of 5.6%. The region's advanced food and beverage industry, strong cosmetic sector, and high demand for natural, clean-label ingredients contribute to its leading position.

Top companies operating in the industry include Dynemic Products Ltd., EMCO Dyestuff, Sensient Colors LLC, Shrey Dye Chem Industries, Ajanta Colours, and Vinayak Ingredients (INDIA) Pvt., among others.