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Food & Beverages Color Fixing Agents Market Share

Report ID: GMI3227
Published Date: Feb 2023
Report Format: PDF

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Food & Beverages Color Fixing Agents Market Share

Prominent participants operating across the food & beverages color fixing agents market include

BASF SE
AkzoNobel N.V
Merck Group
Yara International
GFS Chemicals, Inc
Naturex
Airedale Chemical
American Elements
Sonac
Mitsubishi Chemical Corporation

These firms have been actively working on integrating novel technologies and introducing new product ranges to gain a competitive edge over others.

For instance, in June 2022, following the phase-out of TiO2 (titanium dioxide) by the European Food Safety Authority (EFSA), ingredient manufacturer Blue California came up with a range of clean label whitening agents as a replacement for the potential health risk white colorant. The new product range comprising proprietary ingredients comes with whitening or opacifying effects and a delicious rich/creamy mouthfeel with exceptional sensory benefits. The products are claimed to support cognitive health and will help brands seek an alternative to titanium dioxide.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market of food & beverages color fixing agents recorded a valuation of USD 2.5 billion in 2022 and is poised to depict over 4.5% CAGR from 2023 to 2032 driven by the commendable rise in the consumption of meat and meat products.

The Sodium Nitrate segment was worth over USD 600 million in 2022 backed by the increasing utilization of sodium nitrate as a preservative in a range of food products due to its ability to prevent bacterial growth and spoilage.

Food & beverages color fixing agents industry revenue from the beverages application segment is was recorded at nearly 660 million in 2022, attributed to the extensive usage of these agents in several alcoholic and non-alcoholic beverages due to their exceptional antioxidant and antibacterial properties.

Prominent companies operating in this industry include BASF SE, AkzoNobel N.V, Merck Group, Yara International, GFS Chemicals, Inc, Naturex, Airedale Chemical, American Elements, Sonac, and Mitsubishi Chemical Corporation.