Food Colors Market” report has been added to ResearchAndMarkets.com’s
Global natural food colors market reached USD 1,126.5 Million in 2016
and is expected to gain revenue of USD 1,657.7 Million by the end of
2023, expanding at a CAGR of 5.8% over the forecast period i.e.
The demand for food and beverages is expected to dominate the
application segment and is anticipated to have a share of more than
46.7% by 2023. By product type segment, the demand for soft drink
natural food colors is estimated to remain highest and is expected to
propel the growth of the market of natural food colors across the globe.
Geographically, Asia Pacific dominated the global natural food colors
market by contributing a market share of 31.2% in 2016. The market of
natural food colors is majorly driven on the back of stringent
regulations by the government authorities on the manufacturing of
synthetic food colors and rising awareness among the population
regarding the advantages of natural food colors. Additionally, rising
number of food industries and offering of new food products are likely
to spur the demand for natural food colors in both the region over the
forecast period i.e. 2016-2023.
Europe & North-America natural food colors market size is projected to
surpass USD 907.3 Million by 2023. Increasing awareness about the
harmful effects of synthetic colors and the chemical used in
manufacturing of such colors are substantially raising the demand for
natural food colors in numerous end-use industries.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Global Natural Food Colors Market Size (USD Million) and Forecast,
4. Market Dynamics & Its Impact Analysis
5. Global Market Segmentation Analysis
6. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/ch4l7l/global_natural?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181204005615/en/