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Synthetic Food Colorant Market Trends and Forecast

The future of the global synthetic food colorant market looks promising with opportunities in the dairy food, non-dairy food, CSD & non-alcoholic beverage, and alcoholic beverage markets. The global synthetic food colorant market is expected to reach an estimated $1.0 billion by 2028 with a CAGR of 7% from 2023 to 2028. The major drivers for this market are the growing demand for packaged food and carbonated beverages along with increasing knowledge of consumers regarding products with an exotic and traditional taste.
Synthetic Food Colorant Market by Form, and Application

A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. 
Synthetic Food Colorant Market by Segments

Synthetic Food Colorant Market by Segment

The study includes a forecast for the global synthetic food colorant market by form, application, and region, as follows:

Synthetic Food Colorant Market by Form [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Liquid
  • Powder
  • Gel  

Synthetic Food Colorant Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Dairy Food
  • Non-Dairy Food
  • CSD & Non-alcoholic Beverages
  • Alcoholic Beverages

Synthetic Food Colorant Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Synthetic Food Colorant Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies synthetic food colorant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the synthetic food colorant companies profiled in this report include. 

Synthetic Food Colorant Market Insights

  • Lucintel forecast that liquid form will remain the largest segment over the forecast period due to its wider application in the food and beverage industry as it helps in improving viscosity, texture, product stability, shelf life, taste, and better visual aspect as compared to other forms.
  • Carbonated soft drinks and non-alcoholic beverages is the highest growth segment due to increasing demand for ready-to-drink beverages along with rising usage of these products in various applications, such as chocolates, desserts, and bakery products.
  • Asia Pacific will remain the largest region due to the increasing consumers spending on ready to eat products and rapid expansion of food and beverage industries.

Features of the Synthetic Food Colorant Market

  • Market Size Estimates: Synthetic food colorant market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Synthetic food colorant market size by various segments, such as by form, application, and region
  • Regional Analysis: Synthetic food colorant market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by form, application, and regions for the synthetic food colorant market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the synthetic food colorant market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the synthetic food colorant market size?
Answer: The global synthetic food colorant market is expected to reach an estimated $1.0 billion by 2028.
Q2. What is the growth forecast for synthetic food colorant market?
Answer: The global synthetic food colorant market is expected to grow with a CAGR of 7.0% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the synthetic food colorant market?
Answer: The major drivers for this market are the growing demand for packaged food and carbonated beverages along with increasing knowledge of consumers regarding products with an exotic and traditional taste.
Q4. What are the major segments for synthetic food colorant market?
Answer: The future of the synthetic food colorant market looks promising with opportunities in the dairy food, non-dairy food, CSD & non-alcoholic beverage, and alcoholic beverage markets.
Q5. Who are the key synthetic food colorant companies?
Answer: Some of the key synthetic food colorant companies are as follows:
  • Archer-Daniels-Midland
  • AromataGroup
  • BASF
  • Cargill Incorporated
  • Döhler
  • Vinayak Ingredients
  • Kalsec
  • Koninklijke DSM
  • LycoRed
  • San-Ei Gen F.F.I.
  • Symrise AG
Q6. Which synthetic food colorant segment will be the largest in future?
Answer: Lucintel forecast that liquid form will remain the largest segment over the forecast period due to its wider application in the food and beverage industry as it helps in improving viscosity, texture, product stability, shelf life, taste, and better visual aspect as compared to other forms.  
Q7. In synthetic food colorant market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the largest region due to the increasing consumers spending on ready to eat products and rapid expansion of food and beverage industries.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the synthetic food colorant market by form (liquid, powder and gel), application (dairy food, non-dairy food, CSD & non-alcoholic beverages, and alcoholic beverages), 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?

For any questions related to synthetic food colorant market or related to synthetic food colorant companies, synthetic food colorant market size, synthetic food colorant market share, synthetic food colorant analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
 
Table of Contents
 
1. Executive Summary
 
2. Global Synthetic Food Colorant Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Synthetic Food Colorant Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Synthetic Food Colorant Market by Form 
3.3.1: Liquid
3.3.2: Powder
3.3.3: Gel
3.4: Global Synthetic Food Colorant Market by Application 
3.4.1: Dairy Food
3.4.2: Non-Dairy Food
3.4.3: CSD & Non-alcoholic Beverages
3.4.4: Alcoholic Beverages
 
4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Synthetic Food Colorant Market by Region
4.2: North American Synthetic Food Colorant Market
4.2.1: North American Synthetic Food Colorant Market by Form: Liquid, Powder, and Gel 
4.2.2: North American Synthetic Food Colorant Market by Application: Dairy Food, Non-Dairy Food, CSD & Non-Alcoholic Beverages, and Alcoholic Beverages  
4.3: European Synthetic Food Colorant Market
4.3.1: European Synthetic Food Colorant Market by Form: Liquid, Powder, and Gel 
4.3.2: European Synthetic Food Colorant Market by Application: Dairy Food, Non-Dairy Food, CSD & Non-Alcoholic Beverages, and Alcoholic Beverages  
4.4: APAC Synthetic Food Colorant Market 
4.4.1: APAC Synthetic Food Colorant Market by Form: Liquid, Powder, and Gel 
4.4.2: APAC Synthetic Food Colorant Market by Application: Dairy Food, Non-Dairy Food, CSD & Non-Alcoholic Beverages, and Alcoholic Beverages  
4.5: ROW Synthetic Food Colorant Market 
4.5.1: ROW Synthetic Food Colorant Market by Form: Liquid, Powder, and Gel 
4.5.2: ROW Synthetic Food Colorant Market by Application: Dairy Food, Non-Dairy Food, CSD & Non-Alcoholic Beverages, and Alcoholic Beverages    
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Synthetic Food Colorant Market by Form
6.1.2: Growth Opportunities for the Global Synthetic Food Colorant Market by Application  
6.1.3: Growth Opportunities for the Global Synthetic Food Colorant Market by Region
6.2: Strategic Analysis
6.2.1: New Product Development
6.2.2: Capacity Expansion of the Global Synthetic Food Colorant Market 
6.2.3: Mergers, Acquisitions, and Joint Ventures in the Global Synthetic Food Colorant Market 
6.2.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Evonik Industries AG
7.1: Archer-Daniels-Midland
7.2: AromataGroup
7.3: BASF
7.4: Cargill Incorporated
7.5: Döhler
7.6: Vinayak Ingredients
7.7: Kalsec
7.8: Koninklijke DSM
7.9: LycoRed
7.10: San-Ei Gen F.F.I.
7.11: Symrise AG
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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