The Asia Pacific Natural Food Colors Market would witness market growth of 11.8% CAGR during the forecast period (2023-2030).
Food coloring does not usually indicate that the components are organic, although, in some circumstances, it suggests fewer ingredients used in it. Customers seek natural and organic components in food colorings for a healthier lifestyle and to reduce the risk of diseases from artificial food colors. Natural food colors are typically considered safer and more beneficial than chemically manufactured synthetic food colors. They also appeal to consumers looking for clean-label products, resulting in significant market demand. Food producers are actively capitalizing on new product development and technology innovations to meet this demand.
Only food colors and flavors that the FSSAI has approved may be used in food products. The Food Safety and Standards (Food Product Standards and Food Additives) Regulations, 2011, contain a list of the approved food coloring and flavoring compounds as well as their specifications.
Indian consumers' growing health consciousness is a key market driver for natural food colors. Food's quality and nutrient content is receiving more attention today from consumers, increasing the demand for natural products. Additionally, they are concentrating more on possible health hazards associated with consuming chemicals and pesticides in manufacturing conventional foods, promoting the consumption of natural food alternatives. Additionally, consumers are spending more on products for their health and wellness as a result of rising disposable income levels. As a result of all mentioned factors, the market is predicted to witness significant growth in the APAC region.
The China market dominated the Asia Pacific Natural Food Colors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $225.9 million by 2030. The Japan market is exhibiting a CAGR of 11% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 12.5% during (2023 - 2030).
Based on Solubility, the market is segmented into Water, and Dye. Based on Application, the market is segmented into Processed Food Products, and Beverages. Based on Source, the market is segmented into Plant, and Animal. Based on Form, the market is segmented into Powder and Liquid. Based on Color Type, the market is segmented into Carotenoids, Caramel, Anthocyanins, Carmine, Chlorophyll & Spirulina, Annatto, and Curcumin. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Natural Food Colors Market is Projected to reach USD 2.8 Billion by 2030, at a CAGR of 11%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Koninklijke DSM N.V., Döhler Gmbh, International Flavors & Fragrances Inc, GNT International B.V., Kalsec Inc., Givaudan SA, Sensient Technologies Corporation, Kanegrade Ltd. and Taiyo International (Taiyo Kagaku Corporation).
By Solubility
By Application
By Source
By Form
By Color Type
By Country
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