Natural Food Colors Market in APEJ Region Dominated the Global Market with Over 30% Revenue Share

Rockville, USA, 2019-Apr-18 — /EPR Network/ — A recently compiled Fact.MR report, titled “Natural Food Colors Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2028” gives a detailed analysis on the natural food colors market. The information about the natural food colors market is presented in chapter-wise manner in the report. Growth prospects of the natural food colors market has been assessed for the forecast period 2018-2028, and are presented in terms of volume and value (US$ Million). The report provides a comprehensive assessment and prediction on market growth and the competitive landscape of the natural food colors market.

The Fact.MR study provides valuable information about how the natural food colors market will grow during the period 2018-2028. The study predicts that the market will grow at an incremental 6.5% value CAGR, exceeding US$ 14 billion by the end of the forecast period.

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Health-conscious consumers have consistently eschewed artificial/synthetic food colors, insisting on buying food products with natural food colors. The movement towards natural food ingredients pushed the natural food colors market to surpass US$ 7.5 billion in 2018, according to a Fact.MR study. The study predicts that the natural food colors market will continue to witness robust growth with a mounting number of consumers as well as industry players replacing artificial dyes with their natural counterparts.

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https://www.factmr.com/report/3064/natural-food-color-market

Some of the valuable insights about growth of the natural food colors market that are featured in the Fact.MR study include,

  • Intensifying consumer resistance to products containing synthetic food colors presents a major driving force for the natural food colors market.
  • Increasing growth of the clean label movement is making consumers label-conscious. Thereby, food manufacturers are resorting to natural food colors as artificial colors are posing an acute risk to their brand value.
  • Natural food color market players need to conform to high standards and gain approvals from governing bodies through complex certification procedures. Stringent quality regulations from regional and international organizations may create temporary manufacturing challenges for natural food colors market players.

Growing Demand for Natural Food Colors Underpinned by Increased Health Concerns

Consumers are becoming extremely conscious about their dietary habits to maintain a healthy lifestyle and combat the increasing prevalence of lifestyle diseases, such as obesity and cardiovascular diseases. This is leading to enhance their focus on food ingredients while purchasing packaged food products. In addition, growing awareness about the negative health impacts of synthetic food colors is driving consumers to purchase food products with natural food colors. Moreover, increasing number of consumers discovering that they are allergic to synthetic food colors is expected to provide an impetus to growth of the natural food colors market in the upcoming years.

Key players in the natural food colors market include Kalsec Inc., McCormick & Company, ROHA Dyechem Pvt. Ltd., San-Ei Gen F.F.I Inc., GNT International B.V, and LycoRed.

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