Food Colors Market – Industry Analysis and Forecast

February 6, 2020
Sanuse

Global Food Colors Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period.

Increase in global population is expected to rise in demand for food & beverage products, which will drive the demand for the food product during the forecast period. Food Colors are the substance which imparts color when it is added into food. Food Colors come in various forms like liquids, powders, gels, and pastes. Food colors are used in commercial food production as well as in domestic cooking. Food colorants are used in different non-food applications. Applications include cosmetics, pharmaceuticals, home craft projects, and medical devices.

Food Colors Market is segmented by Type, Application, and Geography. The increasing knowledge about food products with colorful & traditional taste will drive the market in the next few years. The demand for natural food colors is increasing at a global level. Many health profits related to their consumption are key factors to increase demand for natural color during the forecast period. Food with a natural color is growing worldwide, due to growing health awareness, the increasing spending power of customers.

Based on application Non-dairy food will hold the XX% market share during the forecast period due to growing usage of food colors in the food industry to improve the aesthetics demand of the product.

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