According to market study reports, the global natural food colors market is expected to reach $2.5 billion by 2025, thanks to the alarms regarding the health threats associated with synthetic and natural identical colors and the harsh regulations passed for these synthetic equivalents. However, recent market research report by Grand View Research Inc. also reveals that the natural food color market will be affected by the price fluctuations and its high dependence on the raw materials, which includes fruits, spices and vegetables.
With companies investing more on research and development the natural food color products are expected to get more penetration in the application industry, dominated by beverages, bakery and confectionery. Beverages accounts for more than 27 percent of the global volume of natural food colors in 2015. The Asia Pacific industry is expected to account for more than 29 percent of the revenue market share by 2025, driven by the rapid growth of the region’s food and beverage industry.
The industry is characterized by the presence of a large number of high volume manufacturers, with a majority of them integrated across product manufacturing to distribution stages of the value chain. In addition, the companies are involved in product distribution primarily through direct distribution as well as third party distribution channels in a bid to expand their market presence.
Browse full research report with TOC on “Natural Food Colors Market Estimates & Trend Analysis By Product (Curcumin, Carotenoids, Anthocyanin, Carmine, Chlorophyllin), By Application (Bakery & Confectionery, Beverages, Dairy & Frozen Products, Meat Products), And Segment Forecasts,2014-2025” at: http://www.grandviewresearch.com/industry-analysis/natural-food-colors-market