Monday, July 4, 2016
Natural Food Colors market : Global Industry Information, Market Needs and Forecast 2016-2021
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As stated in a recently published information by Credence
Research, The global natural food colors market is witnessing growth on the back of
rising demand from various end user applications such as confectionery, pet
food and processed food among others. High demand for clean label and natural
ingredients products are the other factors contributing towards the market
growth. These natural colors are difficult to work with as they are extracted
from natural sources and have shorter shelf life.
Besides
high cost, natural colors have less stability than there synthetic
counterparts. Ban in trading of synthetic colors made products and
manufacturing in selected international markets, encouragement for using
natural colors in novel products such as handmade paper, infant toys among
others. In addition, development of different techniques and process to develop
natural food colors such as fermentation, biotech process among others provide
huge market opportunities.
Detailed study on this Research with ToC : http://www.credenceresearch.com/report/natural-food-colors-market
By
application, food segment accounted for more than 50% share of the pie in 2014
and projected to maintain its dominance over next six years. Pet food segment
is projected to witness the fastest growth rate during the forecast period.
Natural colors are also extensively used in beverages to enhance the overall
appearance of the product and to attract the customers.
In 2014,
by type, carotenoids accounted for 32% share of the pie and projected to
maintain their dominance over the next six years. Spirulina extract which give
blue color to products and chlorophyll which provides green color are projected
to be the fastest growing markets. These colors are widely uses in various end
users industries such as ice creams, yogurt, and candies among others. Curcumin
and paprika extracts are also projected to witness moderate growth rate.
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Europe
and North America together accounted for more than half chunk of the market pie
and projected to maintain their dominance in future. In North America, the U.S.
is the largest market projected to grow at a CAGR of 7.4% from 2015 to 2022.
Europe is the market leader and projected to maintain its dominance over the
next six years. Western Europe is the major contributors towards this growth
but in future growth is projected to be highest from the Eastern European
region. Asia Pacific region is projected to grow at the fastest growth rate
over the next six years. While the usage of natural food colors in RoW
countries will remain moderate.
Chr.
Hansen A/S, Sensient Technologies Corporation, Naturex S.A, Kalsec, and Archer
Daniels Midland Co are some of the major players in this market.
About Us:
Credence
Research is a worldwide market research and counseling firm that serves driving
organizations, governments, non legislative associations, and not-for-benefits.
We offer our customers some assistance with making enduring enhancements to
their execution and understand their most imperative objectives. Over almost a
century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact:
Company Name: Credence Research
Contact Person: Chris Smith,
Phone: 1-800-361-8290 FREE FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103
E-mail: sales@credenceresearch.com
Website: http://www.credenceresearch.com/
Company Name: Credence Research
Contact Person: Chris Smith,
Phone: 1-800-361-8290 FREE FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103
E-mail: sales@credenceresearch.com
Website: http://www.credenceresearch.com/
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