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PUBLISHER: IMARC | PRODUCT CODE: 1291393

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PUBLISHER: IMARC | PRODUCT CODE: 1291393

Food Colors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Market Overview:

The global food colors market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.

Food colors comprise dyes, pigments and other additives that help enhance the appearance of fresh and processed food products. They are derived from inorganic pigments, synthetic coal-tar substances, or vegetable sources, such as corn, beets and soybean, combinations of organic and metallic compounds. They aid in minimizing color loss caused by exposure to light, air, moisture and variations in temperature. As a result, food colors are added to sausage casings, baked goods, candies, snack food, margarine, cheese, jams and jellies, biscuits, cookies, cakes, pastries, carbonated drinks, gelatin desserts, powdered drink mixes, and orange and potato skins. At present, they are available in gel, liquid, paste and powder forms around the world.

Food Colors Market Trends:

The thriving food and beverage (F&B) sector, in confluence with the rising consumption of processed and packaged food products, represents one of the key factors propelling the growth of the market. Moreover, food colors are employed in the pharmaceutical industry for manufacturing tablets, mouthwash, gels, syrups, and drugs. These colors are sometimes combined with different flavors like mango, orange, strawberry, lemon, mint, and herbs for adding a distinct taste and smell to pharmaceutical products. At present, there is a significant rise in the number of individuals with chronic diseases, such as diabetes, hypertension, and cardiovascular diseases, which is increasing the requirement for pharmaceutical products, such as medicines. This, in turn, is catalyzing the demand for food colors across the globe. Furthermore, the rising utilization of synthetic food colors on account of their high coloring ability, easy availability, homogeneous color distribution, brightness, stability, and ease of application is projected to fuel the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global food colors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form, solubility and application.

Breakup by Type:

  • Natural Colors
  • Artificial Colors

Breakup by Form:

  • Liquid
  • Powder
  • Gel

Breakup by Solubility:

  • Dyes
  • Lakes

Breakup by Application:

  • Beverages
  • Meat Products
  • Dairy Products
  • Bakery and Confectionary
  • Processed Food and Vegetables
  • Oils and Fats
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer-Daniels-Midland Company, AromataGroup SRL (Nactarome S.P.A.), BASF SE, Cargill Incorporated, Dohler, Givaudan, International Flavors & Fragrances Inc., Kalsec Inc., Koninklijke DSM N.V., LycoRed Ltd. (Adama Agricultural Solutions Ltd.), San-Ei Gen F.F.I. Inc. and Sensient Technologies Corporation.

Key Questions Answered in This Report:

  • What was the size of the global food colors market in 2022?
  • What is the expected growth rate of the global food colors market during 2023-2028?
  • What has been the impact of COVID-19 on the global food colors market?
  • What are the key factors driving the global food colors market?
  • What is the breakup of the global food colors market based on the type?
  • What is the breakup of the global food colors market based on the form?
  • What is the breakup of the global food colors market based on application?
  • What are the key regions in the global food colors market?
  • Who are the key players/companies in the global food colors market?
Product Code: SR112023A5439

Table of Contents

1   Preface

2   Scope and Methodology

  • 2.1  Objectives of the Study
  • 2.2  Stakeholders
  • 2.3  Data Sources
    • 2.3.1  Primary Sources
    • 2.3.2  Secondary Sources
  • 2.4  Market Estimation
    • 2.4.1  Bottom-Up Approach
    • 2.4.2  Top-Down Approach
  • 2.5  Forecasting Methodology

3   Executive Summary

4   Introduction

  • 4.1  Overview
  • 4.2  Key Industry Trends

5   Global Food Colors Market

  • 5.1  Market Overview
  • 5.2  Market Performance
  • 5.3  Impact of COVID-19
  • 5.4  Market Forecast

6   Market Breakup by Type

  • 6.1  Natural Colors
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2  Artificial Colors
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7   Market Breakup by Form

  • 7.1  Liquid
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2  Powder
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3  Gel
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8   Market Breakup by Solubility

  • 8.1  Dyes
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2  Lakes
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9   Market Breakup by Application

  • 9.1  Beverages
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2  Meat Products
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3  Dairy Products
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4  Bakery and Confectionary
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5  Processed Food and Vegetables
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6  Oils and Fats
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast
  • 9.7  Others
    • 9.7.1 Market Trends
    • 9.7.2 Market Forecast

10  Market Breakup by Region

  • 10.1  North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2  Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3  Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4  Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5  Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11  SWOT Analysis

  • 11.1  Overview
  • 11.2  Strengths
  • 11.3  Weaknesses
  • 11.4  Opportunities
  • 11.5  Threats

12  Value Chain Analysis

13  Porters Five Forces Analysis

  • 13.1  Overview
  • 13.2  Bargaining Power of Buyers
  • 13.3  Bargaining Power of Suppliers
  • 13.4  Degree of Competition
  • 13.5  Threat of New Entrants
  • 13.6  Threat of Substitutes

14  Price Analysis

15  Competitive Landscape

  • 15.1  Market Structure
  • 15.2  Key Players
  • 15.3  Profiles of Key Players
    • 15.3.1  Archer-Daniels-Midland Company
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2  AromataGroup SRL (Nactarome S.P.A.)
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3  BASF SE
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4  Cargill Incorporated
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 SWOT Analysis
    • 15.3.5 Dohler
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6  Givaudan
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7  International Flavors & Fragrances Inc.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8  Kalsec Inc.
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9  Koninklijke DSM N.V.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10  LycoRed Ltd. (Adama Agricultural Solutions Ltd.)
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11  San-Ei Gen F.F.I. Inc.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
    • 15.3.12  Sensient Technologies Corporation
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
      • 15.3.12.4 SWOT Analysis
Product Code: SR112023A5439

List of Figures

  • Figure 1: Global: Food Colors Market: Major Drivers and Challenges
  • Figure 2: Global: Food Colors Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Food Colors Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Food Colors Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Food Colors Market: Breakup by Form (in %), 2022
  • Figure 6: Global: Food Colors Market: Breakup by Solubility (in %), 2022
  • Figure 7: Global: Food Colors Market: Breakup by Application (in %), 2022
  • Figure 8: Global: Food Colors Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Food Colors (Natural Colors) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Food Colors (Natural Colors) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Food Colors (Artificial Colors) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Food Colors (Artificial Colors) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Food Colors (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Food Colors (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Food Colors (Powder) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Food Colors (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Food Colors (Gel) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Food Colors (Gel) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Food Colors (Dyes) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Food Colors (Dyes) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Food Colors (Lakes) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Food Colors (Lakes) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Food Colors (Beverages) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Food Colors (Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Food Colors (Meat Products) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Food Colors (Meat Products) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Food Colors (Dairy Products) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Food Colors (Dairy Products) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Food Colors (Bakery and Confectionary) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Food Colors (Bakery and Confectionary) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Food Colors (Processed Food and Vegetables) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Food Colors (Processed Food and Vegetables) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Food Colors (Oils and Fats) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Food Colors (Oils and Fats) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Food Colors (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Food Colors (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: North America: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: North America: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: United States: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: United States: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Canada: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Canada: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Asia-Pacific: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Asia-Pacific: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: China: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: China: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Japan: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Japan: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: India: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: India: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: South Korea: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: South Korea: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Australia: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Australia: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Indonesia: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Indonesia: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Others: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Others: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Europe: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Europe: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Germany: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Germany: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: France: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: France: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: United Kingdom: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: United Kingdom: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Italy: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Italy: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Spain: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Spain: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Russia: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Russia: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Others: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Others: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Latin America: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Latin America: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Brazil: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Brazil: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Mexico: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Mexico: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Others: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Others: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Middle East and Africa: Food Colors Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Middle East and Africa: Food Colors Market: Breakup by Country (in %), 2022
  • Figure 85: Middle East and Africa: Food Colors Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 86: Global: Food Colors Industry: SWOT Analysis
  • Figure 87: Global: Food Colors Industry: Value Chain Analysis
  • Figure 88: Global: Food Colors Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Food Colors Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Food Colors Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 3: Global: Food Colors Market Forecast: Breakup by Form (in Million US$), 2023-2028
  • Table 4: Global: Food Colors Market Forecast: Breakup by Solubility (in Million US$), 2023-2028
  • Table 5: Global: Food Colors Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 6: Global: Food Colors Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Food Colors Market: Competitive Structure
  • Table 8: Global: Food Colors Market: Key Players
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