Dublin, May 10, 2019 (GLOBE NEWSWIRE) -- The "Natural Food Colors Market by Type, Source, Form, Solubility, Application - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The global natural food colors market is expected to grow at a CAGR of 8.8% to reach $2,537.3 million by 2024 from $1,662.4 million in 2019.

The factors such as growing awareness about the benefits of natural food colors, increasing awareness for clean-label products, growing need to enhance product appeal, growing research and development activities in the food industry, and growing use of micro-encapsulation technology are driving the growth of natural food colors market in many countries across the globe.

In addition, the report further gives an extensive outlook on various industry/facilities served by the food colors. These industries include food and beverage; meat, poultry, and seafood; bakery and confectionery; oil and fats industry; academic and research institutes; and Contract Development and Manufacturing Organizations (CDMOs).

Based on type, Carmine segment accounted for the largest share of the global natural food colors market in 2018 due to growing demand to use in food products including meat, beverages, dairy, and frozen products owing to its unique red color. However, spirulina natural food colors market is expected to witness rapid growth during the forecast period.

Based on application, processed food products segment dominated the global natural food colors market in 2018. However, beverages segment is expected to witness rapid growth during the forecast period. The growth of this segment is mainly attributed to the growing need to improve the energy-nutrient ratio in beverages as well as to meet the demand of health-conscious consumers.

An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region. The geographic analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. The report identified that Europe is the largest market followed by North America, Asia-Pacific, Latin America, and Middle East & Africa. The geographic analysis section also comments on the key market players shaping the growth of the industry in the respective countries.

The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 5 years (2015-2019). The market players employed various strategies to expand their product offerings, global footprint, and augment their market share. The key strategies followed by most companies in the global natural food colors market include mergers & acquisitions, new product launches, and expansion.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Awareness about the Benefits of Natural Food Colors
4.2.2. Increasing Awareness for Clean-Label Products
4.2.3. Growing Need to Enhance Product Appeal
4.2.4. Growing Research and Development Activities in Food Industry
4.2.5. Growing Use of Micro-encapsulation Technology
4.3. Restraints
4.3.1. Stringent Regulations on the Use of Colors for Food Applications
4.3.2. High Cost of Natural Colors
4.4. Opportunities
4.4.1. Emerging Economies: Asia-Pacific, Latin America and Middle East Africa
4.4.2. Increased Research for New Raw Material Sources
4.5. Regulatory Analysis
4.5.1. Introduction
4.5.2. North America
4.5.3. Europe
4.5.4. Asia Pacific

5. Global Natural Food Colors Market, By Type
5.1. Introduction
5.1.1. Carmine
5.1.2. Anthocyanins
5.1.3. Caramel
5.1.4. Annatto
5.1.5. Carotenoids
5.1.6. Chlorophyll
5.1.7. Spirulina
5.1.8. Turmeric
5.1.9. Beet
5.1.10. Others

6. Global Natural Food Color Market, By Source
6.1. Introduction
6.2. Plant
6.3. Mineral
6.4. Microorganism
6.5. Animal

7. Global Natural Food Colors Market, By Form
7.1. Introduction
7.2. Liquid
7.3. Powder
7.4. Gel
7.5. Emulsion

8. Global Natural Food Colors Market, By Solubility
8.1. Introduction
8.2. Water
8.3. Dye Soluble
8.4. Oil Soluble

9. Global Natural Food Colors Market, By Application
9.1. Introduction
9.2. Food Products
9.2.1. Introduction
9.2.2. Bakery, Snacks and Cereal
9.2.3. Dairy
9.2.4. Confectionery
9.2.5. Meat, Poultry and Seafood
9.2.6. Oil and Fats
9.2.7. Others
9.3. Beverages
9.3.1. Introduction
9.3.2. Non-Alcoholic Beverages
9.3.2.1. Carbonated Soft Drinks
9.3.2.2. Functional Drinks
9.3.2.3. Juice and Juice Concentrate
9.3.2.4. Others
9.3.3. Alcoholic Beverages

10. Global Natural Food Colors Market, By Geography
10.1. Introduction
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. Rest of World

11. Competitive Landscape
11.1. Introduction
11.2. Competitive Benchmarking

12. Company Profiles (Includes Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
12.1. CHR. Hansen Holding A/S
12.2. Koninklijke DSM N.V.
12.3. Sensient Technologies Corporation
12.4. Archer Daniels Midland Company
12.5. Dhler Group
12.6. DowDupont
12.7. D.D. Williamson & Co. Inc.
12.8. Naturex S.A.
12.9. Fiorio Colori S.R.L.
12.10. Kalsec Inc.
12.11. FMC Corporation
12.12. BASF SE
12.13. Lycored Ltd
12.14. GNT Group
12.15. San-Ei Gen F.F.I. PTE. Ltd.
12.16. Phinix International
12.17. Kolorjet Chemicals Pvt. Ltd.
12.18. Vinayak Ingredients India Pvt. Ltd.
12.19. IFC Solutions.
12.20. Innovation Colour Technology S.L.

For more information about this report visit https://www.researchandmarkets.com/r/v0avii

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