Consumer & Retail

According to a market report by Lucintel, the future of the natural food colorant market looks promising with opportunities in the bakery & confectionery, beverage, dairy & frozen product, meat product, oil & fat, fruit & vegetable markets. The global natural food colorant market is expected to reach an estimated $6.4 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are growing consumer demand for natural and healthy food products, and consumer are becoming more aware of the potential health risks associated with artificial food colorings.



In this market, carmine, curcumin, anthocyanins, carotenoids, copper chlorophyllin are the major segments of natural food colorant market by product. Lucintel forecast that carotenoids will remain the largest segment over the forecast period owing to its easy availability and is used in wide range of applications in food and beverage products.



Within this market, beverages is expected to remain the largest segment due to the increasing awareness towards harmful effect of artificial additives and growing requirement for natural food colors so as to improve the energy-nutrient ratio in the beverages.



North America will remain the largest region due to the growing consumer awareness regarding diseases related to synthetic colors, such as cancer and other cardiovascular disorders and increase in regulations and laws that limits the use of synthetic dyes in the region.

Archer Midland Daniels, Allied Biotech Corporation, EQT AB, DDw The Color House, Diana Food, Dohler, Aromata Group, Incoltec, GNT Group, DSM, Naturex, LycoRed, and Sensient Technologies are the major suppliers in the global natural food colorant market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global natural food colorant market by product, form, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Natural Food Colorant Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global natural food colorant market by product, form, application, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the natural food colorant market by product (carmine, curcumin, anthocyanins, carotenoids, copper chlorophyllin, and others), form (liquid, powder, gel, and emulsion), application (bakery & confectionery, beverages, dairy & frozen products, meat products, oil & fat, fruits & vegetables, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?