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Food Colors Market Survey, Trends Analysis & Forecast by 2025

Growing demand for colored food products owing to their aesthetic appeal and increasing use in end user industries is expected to drive the demand for food colors over the forecast period. The Global Food Colors Market size is expected to reach USD 2.97 billion by 2025, according to a new report by Grand View Research, Inc.


Growing demand for the product across various industries such as beverages, bakery & confectionary, and dairy products is likely to have a positive impact on the utilization of food colors in the foreseeable future. The demand for food colors for the production of canned products is also estimated to drive the industry growth.

Growing consumer demand for low-fat food is another factors which is expected to supplement the market growth in near future The rising adoption of processed food by consumers across the globe is estimated to translate into the growth in demand of the product. In addition, rising demand for alcoholic and non-alcoholic beverages is likely to drive the market growth over the forecast period.

Rising disposable incomes and changing lifestyles due to rapid urbanization are likely to have a positive influence on the market over the forecast period. Ongoing product innovation, consumer preference for high-quality products, and solidification of government regulations is likely to propel the growth in the next few years.

To Know More About Food Colors Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/food-colorants-market

The absence of any notable substitute to the product results in negligible threat of product substitution. However, the industry is expected to witness internal substitution with natural food colors being increasing used as a substitute for synthetic food colors. The market is expected to witness a degree of uncertainty due to high degree of volatility observed in the prices of raw material.

Market Segmentation of Food Colors Market:

The Global Food Colors Market segmented on the basis of Product, Application, and Region.

By Product:

    Synthetic
        Red 40/Allura Red
        Yellow No. 5
        Yellow No. 6
        Others
    Natural
        Beta Carotene
        Astaxanthin
        Anthocyanin
        Annatto
        Others
    Natural-identical
        Other Mixed Carotene
        Lutein
        Canthaxanthin
        Lycopene
        Curcumin
        Titanium Dioxide

By Application:

    Dairy Food
    Non-Dairy Food
    CSD & Non-alcoholic Beverages
    Alcoholic Beverages

Inquire about Food Colors Market with Our Experts @ https://www.grandviewresearch.com/inquiry/586

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