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Food color market has shown strong growth pattern in recent year’s majorly due to increasing consumer demand for processed food, increasing awareness for clean-label products, growing need to enhance product appeal, and growing research and development activities in food industry. In addition, emerging economies such as Latin America, South East Asia, and Africa provides significant opportunities for the manufacturers in the global food colors market.Meticulous Research® in its latest publication on food color market states that the global food color market will increase at a CAGR of 7.4% from 2018 to 2024 to reach USD 4,651.4 million by 2024. Wherein, geographically, Europe commanded the largest share in this market followed by North America. The major share of Europe is mainly attributed to increased demand of processed food products in countries like Germany, France, Italy, and Spain; rising investment in research and development from major players of food industry; and increasing government support to promote food processing sector.
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The report provides meticulous analysis of global food color market by segmenting it on the basis of type (natural, synthetic, and nature identical), source (plant, minerals and chemicals, microorganism, and animal), form (liquid, powder, gel, and emulsion), solubility (water-based, oil-based, gel-based, and emulsion systems), application (processed food products and beverages). Wherein, among types, natural color segment commanded the largest share in this market majorly due to increasing health awareness among the consumers and rising demand for chemical free food products across the globe. Also, factors such as several benefits of the natural foods over the conventional foods and rising government initiatives in making favorable regulatory structure regarding the of use food colors in various food and beverages industries are further driving the demand for natural food colors, globally.
The key players analyzed in the global food color market are CHR Hansen Holding A/S (Denmark), Koninklijke DSM N.V. (The Netherlands), Sensient Technologies Corporation (U.S.), Archer Daniels Midland Company (U.S.), Dohler Group (Germany), DowDuPont (U.S.), D.D. Williamson & Co., Inc. (U.S.), Naturex S.A. (France), Fiorio Colors S.R.L (Italy), Kalsec Inc. (U.S.), FMC Corporation (U.S.), BASF SE (Germany), Allied Biotech Corporation (Taiwan), Frutarom Industries Ltd. (Israel), Lycored Ltd. (Israel), GNT Group (The Netherlands), and San-Ei Gen F.F.I., Inc. (Japan).
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Key Topics Covered in This Report:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Market Insights
5 Global Food Colors Market, by Type
6 Global Food Colors Market, by Source
7 Global Food Colors Market, by Form
8 Global Food Colors Market, by Solubility
9 Global Food Colors Market, by Application
10 Global Food Colors Market, by Geography
11 Competitive Landscape
12 Company Profiles
13 Appendix
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Website: https://www.meticulousresearch.com/product/food-colors-market/
Release ID: 88889707
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