Global Food Colors Market Value of $2.5 billion by 2020

Date: 2015-12-22

The food colors market is one of the segments of the global food additives market. Food Colors are used by the food and beverages industry to improve the color of the food which is lost while food processing. Food colors market is projected to reach $2.5 billion by 2020; growing at a CAGR of 4.5%.

The market is driven by easily available raw materials which includes fruits & vegetables. Growing food safety concerns in the global food markets are pressurizing manufacturing to adopt clean labels. The major restrain the industry faces is the growing awareness on the ill effects of synthetic colors.

This has triggered the demand for natural colors, which have high costs when compared to synthetic colors. The increasing disposable incomes, changing lifestyles in emerging countries are driving demand for processed foods. And to attract the target segment companies tend to add food colorants. The stringent food standards regulations by FDA and several regulatory bodies is proving to be a constraint for manufactures, thus forcing them to look at alternatives in the form of innovations in the natural colorants.

Company Profiles

Chr Hansen holdings
D.D. Williamson & Co.
Royal DSM
Sensient technologies
FMC Corp
Dohler group
Naturex SA
Fiorio Colori S.P.A.
Kalsec Inc
Kancor Ingredients
Riken Vitamin

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