(Entertainment-NewsWire.com, June 20, 2018 ) Woodridge, USA Jun 2018(News) - Consumers’ high preference for food products based on their organoleptic property has given a boost to the Food Colour Market. Colours used in the production of food are edible and are used to enhance the appearance of the food product. These are majorly pigments or dye that imparts colour when added to food or beverages. The colour used for the production of food and beverages are manufactured such that they sustain during the whole processing period.
Rising demand for clean label ingredients used in food have increased the demand for natural food colours and flavors on a global platform. The increasing consumer awareness about health & wellness and their growing interest to adopt natural colour instead of synthetic colour, has been supporting the growth of this market. Owning to increasing application of food colour in food and beverages industry, the market is evaluated to witness a growth of 6.58% during the forecast period.
Key Players:
• The leading market players in the global Food Color market primarily are Chr.
The global food color market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, European region is forecasted to retain its dominance throughout the review period. However, Asia Pacific region is projected to register highest CAGR over the forecast period. The growth is contributed by the higher level production in countries like Australia and New Zealand. Also, the colored food industry in Asia Pacific region is experiencing a substantial growth over the past few years which in turn positively driving the growth of food color in the Asia Pacific region. Increasing population in developing countries such as China, India coupled with the changing lifestyles of the consumer is anticipated to stimulate the overall food color market in Asia Pacific region during the forecast period.
Segments:
Food color market has been segmented on the basis of type of food color into natural and synthetic. On the basis of application, market is segmented into beverages, bakery & confectionery, dairy products, meat products, savory & snacks and others. On basis of form, market is segmented into liquid, gel, powder and paste. On basis of solubility, the market is segmented into dyes and lakes.
Asia-Pacific is the fastest growing region in the food color market. India and China has shown huge potentials for food color market share during the period 2017-2022
In North American region, U.S. dominates the market.
European region dominates the global Food Colors Market.
