(Entertainment-NewsWire.com, June 20, 2018 ) Woodridge, USA Jun 2018(News) - 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.
Key Players: The leading market players in the global Food Color market primarily are Chr. Hansen S/A (Denmark), Archer Daniels Midland Company (U.S.), Sensient Technology Corporation (U.S.), D.D. Williamson & Co. Inc. (DDW) (U.S.), Kalsec Inc. (U.S.), Doehler Group (Germany), FMC Corporation (U.S.).
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.
Key Findings: 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.
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