The global food colorants market is estimated to grow at a significant CAGR during the forecast period.  The key factors propelling the growth of the global food colorants market include the rising demand for natural food colorants owing to growth in the food and beverage industry. In addition to this, the advanced food processes such as food enrichment, add the colors and flavors lost during the food processing. The natural food colors segment is expected to grow faster owing to the health enhancement properties associated with the organic properties of the natural colors. Natural food colors are extracted from various natural sources including vegetables, herbs, flowers, and fruits.  Owing to the less cost and potent intense and uniform color, the consumers are more inclined towards the synthetic colors. However, due to the hazardous effects of synthetic colors, consumers are shifting towards natural food colors. 

The key players contributing to the growth of the global food colorants market by adopting various strategies such as product launches & developments, mergers and acquisitions, partnerships, and agreements, include Sensient Technologies Corp., Chr. Hansen Holding A/S, BASF SE, Koninklijke DSM N.V., and Givaudan SA, among others.  For instance, Naturex, a subsidiary of Givaudan, introduced a new line of blue Spirulina to its food coloring portfolio in March 2019. The company is known for its vast line of food coloring products, and with Vegebrite Ultimate Spirulina, it is increasing its investment in food coloring. A new extraction line has been installed at the company's production facility in Avignon, France, boosting spirulina production capacity. Naturex has increased its production capacity to suit the growing demand for clean-label blues and greens globally.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By  Product Type 

o By Application

• Competitive Landscape- Sensient Technologies Corp., Chr. Hansen Holding A/S, BASF SE, Koninklijke DSM N.V., and Givaudan SA, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Food Colorants Market by Segment

By Product Type

• Natural

• Synthetic

• Natural Identical

• Others

By Application

• Food

o Bakery and Confectionery Products

o Processed Food

o Meat, Poultry, and Seafood

o Dairy Products

o Oils and Fats

o Others

• Beverages

o Alcoholic Beverages

o Juices

o Carbonated Soft Drinks

o Functional Beverages

o Others

Global Food Colorants Market by Region