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Food Colorants Market Share

Report ID: GMI2150
Published Date: Mar 2023
Report Format: PDF

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Food Colorants Market Share

Some prominent companies operating in the food colorants market include

BASF SE
Cargill Incorporated
Koninklijke DSM N.V.
ADM
FMC Corporation
Dupont
DDW The Color House
Hansen Holding A/S
Sensient Colors LLC
GNT Group
Dohler Group
Naturex
Lycored
Frutarom
San-Ei Gen F.F.I., Inc
Sethnes Caramel Color
WILD Flavors and Specialty Ingredients
Riken Vitamin Co. Ltd

These companies are focusing on mergers and acquisitions to strengthen their geographical presence. For instance, in July 2021, Sensient Technologies announced the acquisition of the assets of Flavor Solutions, Inc. to expand its flavor portfolio and strengthen its technological capabilities.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The market size of food colorants was worth USD 4.2 billion in 2023 and is poised to witness over 6.3% CAGR during 2024 to 2032.

The beverages application segment is poised to grow at 6.9% CAGR from 2023 to 2032, due to increasing adoption in sports drinks.

The market size for food colorants in Europe will surpass USD 2 billion by 2032, attributed to the growing demand for organic and clean-label food products.

BASF SE, Cargill Incorporated, Dupont, Sensient Colors LLC, GNT Group, Dohler Group, Naturex, Lycored, Frutarom, and Riken Vitamin Co. Ltd are some of the major manufacturers and suppliers of food colorants worldwide.