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Natural Food Colors Market Size

  • Report ID: GMI6939
  • Published Date: Oct 2023
  • Report Format: PDF

Natural Food Colors Market Size

Natural Food Colors Market was valued at around USD 2.18 billion in 2023 and is projected to grow at a CAGR of over 5.6% between 2024 and 2032. On account of the significant shift in consumer preferences towards healthier and more sustainable food choices.

 

As awareness of the potential health risks associated with synthetic food dyes has increased, consumers are increasingly seeking products that contain natural alternatives. This has spurred the demand for natural food colors derived from plant, fruit, and vegetable sources, such as beetroot, spirulina, turmeric, and anthocyanin-rich berries. These colors not only provide vibrant and appealing hues to food and beverages but also offer potential nutritional advantages. Moreover, they cater to the rising demand for clean label products, which emphasize transparency and simplicity in ingredient lists.

 

The cost of producing natural food colors can be higher than that of synthetic counterparts, posing a potential hurdle for manufacturers aiming to maintain competitive pricing. Color stability can be a concern in certain applications, limiting the use of natural colors in products with extended shelf lives or exposure to environmental factors. The limited palette of natural sources may also restrict the ability to achieve specific color shades, while sourcing and supply chain challenges can disrupt consistent availability. Despite these challenges, the Natural Food Colors market continues to thrive, driven by the convergence of consumer health awareness, regulatory support, and ongoing industry innovation.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of natural food colors was worth USD 2.18 billion in 2023 and may reach USD 3.56 billion by 2032, due to the rising shift in consumer preferences towards healthier and more sustainable food choices.

The plant & fruit-based source segment recorded around 60% of the natural food colors market share in 2022 and may grow at lucrative pace by 2032, owing to extensive usage in beverages, dairy, and baked goods.

North America natural food colors market size reached USD 0.51 billion in 2022 and is anticipated to expand at significant pace from 2023 to 2032, driven by the rising focus of manufacturers on seeking to replace synthetic dyes with natural alternatives.

Some of the key natural food color firms include Archer Daniels Midland Company, Döhler GmbH, Sensient Technologies Corporation, Kalsec Inc, Allied Biotech Corporation, Naturex, International Flavors & Fragrances Inc., Givaudan, and Spring TopCo DK ApS (Oterra).

Natural Food Colors Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 240
  • Countries covered: 21
  • Pages: 210
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