1 INTRODUCTION 28
1.1 STUDY OBJECTIVES 28
1.2 MARKET DEFINITION 28
1.3 STUDY SCOPE 29
FIGURE 1 FOOD COLORS MARKET SEGMENTATION 29
1.3.1 INCLUSIONS AND EXCLUSIONS 30
TABLE 1 INCLUSIONS AND EXCLUSIONS 30
1.3.2 GEOGRAPHIC SCOPE 30
FIGURE 2 REGIONAL SEGMENTATION 30
1.4 YEARS CONSIDERED 31
1.5 UNITS CONSIDERED 31
1.5.1 CURRENCY CONSIDERED 31
TABLE 2 USD EXCHANGE RATES CONSIDERED, 2019–2022 32
1.5.2 VOLUME UNIT CONSIDERED 32
1.6 STAKEHOLDERS 32
1.7 SUMMARY OF CHANGES 33
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH DATA 34
FIGURE 3 FOOD COLORS MARKET: RESEARCH DESIGN 34
2.1.1 SECONDARY DATA 35
2.1.1.1 Key data from secondary sources 35
FIGURE 4 KEY DATA FROM SECONDARY SOURCES 35
2.1.2 PRIMARY DATA 36
2.1.2.1 Key data from primary sources 36
TABLE 3 KEY DATA FROM PRIMARY SOURCES 36
2.1.2.2 Breakdown of primaries 37
2.1.2.3 Key industry insights 38
FIGURE 5 KEY INDUSTRY INSIGHTS 38
2.2 MARKET SIZE ESTIMATION 38
2.2.1 TOP-DOWN APPROACH 38
2.2.2 BOTTOM-UP APPROACH 39
FIGURE 6 FOOD COLORS MARKET SIZE ESTIMATION 39
2.3 DATA TRIANGULATION 40
FIGURE 7 DATA TRIANGULATION METHODOLOGY 40
2.3.1 SUPPLY-SIDE ANALYSIS 41
FIGURE 8 SUPPLY-SIDE ANALYSIS 41
2.3.2 DEMAND-SIDE ANALYSIS 41
2.4 RESEARCH ASSUMPTIONS 41
2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS 42
2.6 RECESSION IMPACT ANALYSIS 43
2.6.1 MACRO INDICATORS OF RECESSION 43
FIGURE 9 INDICATORS OF RECESSION 43
FIGURE 10 GLOBAL INFLATION RATE, 2011—2021 44
FIGURE 11 GLOBAL GROSS DOMESTIC PRODUCT: 2011–2021 (USD TRILLION) 44
FIGURE 12 GLOBAL FOOD INGREDIENTS MARKET: PREVIOUS FORECAST VS. RECESSION IMPACT FORECAST 45
FIGURE 13 RECESSION INDICATORS AND THEIR IMPACT ON FOOD COLORS MARKET 46
FIGURE 14 GLOBAL FOOD COLORS MARKET: PREVIOUS FORECAST VS. RECESSION IMPACT FORECAST 46
3 EXECUTIVE SUMMARY 47
TABLE 4 FOOD COLORS MARKET SNAPSHOT, BY TYPE, 2023 VS. 2028 48
FIGURE 15 FOOD COLORS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 49
FIGURE 16 FOOD COLORS MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION) 50
FIGURE 17 FOOD COLORS MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION) 51
FIGURE 18 FOOD COLORS MARKET, BY FORM, 2023 VS. 2028 (USD MILLION) 52
FIGURE 19 FOOD COLORS MARKET SHARE (VALUE), BY REGION, 2023 53
4 PREMIUM INSIGHTS 54
4.1 ATTRACTIVE OPPORTUNITIES FOR FOOD COLORS MARKET PLAYERS 54
FIGURE 20 RISE IN DEMAND FOR NATURAL FOOD COLORS DUE TO INCREASED CONSUMER AWARENESS 54
4.2 ASIA PACIFIC: FOOD COLORS MARKET, BY TYPE & COUNTRY 55
FIGURE 21 CHINA TO ACCOUNT FOR LARGEST SHARE IN ASIA PACIFIC MARKET IN 2023 55
4.3 FOOD COLORS MARKET, BY TYPE 55
FIGURE 22 NATURAL FOOD COLORS TO DOMINATE MARKET DURING FORECAST PERIOD 55
4.4 FOOD COLORS MARKET, BY APPLICATION 56
FIGURE 23 APPLICATION IN FOOD PRODUCTS TO DOMINATE OVER BEVERAGES DURING FORECAST PERIOD 56
4.5 FOOD COLORS MARKET, BY FORM 56
FIGURE 24 LIQUID COLORS TO REMAIN LARGEST MARKET DURING FORECAST PERIOD 56
4.6 FOOD COLORS MARKET, BY SOLUBILITY 57
FIGURE 25 FOOD DYES TO DWARF FOOD LAKES SEGMENT DURING FORECAST PERIOD 57
4.7 FOOD COLORS MARKET: GROWTH RATE OF MAJOR REGIONAL SUBMARKETS 57
FIGURE 26 ASIA PACIFIC COUNTRIES TO WITNESS HIGHEST GROWTH RATE DURING FORECAST PERIOD 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 59
FIGURE 27 MARKET DYNAMICS: FOOD COLORS MARKET 59
5.2.1 DRIVERS 60
5.2.1.1 Increase in demand for natural and clean-label products 60
TABLE 5 NATURAL COLORING AGENTS AND THEIR HEALTH BENEFITS 61
FIGURE 28 US: FACTORS DRIVING GROWTH OF CLEAN-LABEL PURCHASES, 2021 61
5.2.1.2 Need to enhance product appeal among manufacturers 61
TABLE 6 USE OF FOOD COLORS TO ENHANCE PRODUCT APPEAL 62
5.2.1.3 Growing trade, investment, and expenditure in processed food & beverages market 63
FIGURE 29 TRENDS IN FMCG REVENUES, 2016–2020 (USD BILLION) 63
5.2.1.4 Technological advancements and growth in R&D activities 64
5.2.1.4.1 Floral colors gaining market traction 64
5.2.1.5 Increase in consumer preference for organic products 64
FIGURE 30 ORGANIC FOOD & BEVERAGES MARKET, 2021 (USD BILLION) 65
FIGURE 31 TOP FIVE COUNTRIES WITH LARGEST NUMBER OF ORGANIC PRODUCERS, 2020 (MILLION) 65
5.2.2 RESTRAINTS 65
5.2.2.1 Health hazards of synthetic colorants 65
TABLE 7 SYNTHETIC FOOD COLORS AND THEIR HEALTH HAZARDS 66
5.2.2.2 Stringent regulations on use of colors in food applications 67
5.2.2.3 Low stability and high cost of natural colors 67
5.2.3 OPPORTUNITIES 67
5.2.3.1 Innovative color extractions with use of new raw material sources 67
5.2.3.2 Increase in ventures undertaken by manufacturers in Asia Pacific and South America 68
5.2.3.3 Safety reassessment of synthetic food colors 69
5.2.3.4 Launching of advanced products by manufacturers 69
5.2.3.4.1 Innovative color shades 69
5.2.3.4.2 Multi-functional colors 69
5.2.3.4.3 Colors for improving sensory impact 70
5.2.3.5 Consumer willingness to pay more for natural colors 70
5.2.4 CHALLENGES 71
5.2.4.1 Consumer preference for natural food colors due to labeling mandates for E numbers 71
TABLE 8 COLORING FOOD, NUTRIENTS, AND HEALTH BENEFITS 71
TABLE 9 E NUMBERS OF FOOD COLORS 72
5.2.4.2 Misperception about titanium dioxide among consumers 74
6 INDUSTRY TRENDS 75
6.1 INTRODUCTION 75
6.2 VALUE CHAIN ANALYSIS 75
6.2.1 RESEARCH & PRODUCT DEVELOPMENT 75
6.2.2 SOURCING & PRODUCTION 75
6.2.3 MARKETING & SALES AND LOGISTICS 76
FIGURE 32 VALUE CHAIN ANALYSIS: SOURCING AND PRODUCTION OF FOOD COLORS TO BE KEY CONTRIBUTORS 76
6.3 TECHNOLOGY ANALYSIS 76
6.3.1 MICROENCAPSULATION TECHNOLOGY 76
6.3.2 NON-THERMAL TREATMENTS: HPP & PEF ENHANCE COLOR RETENTION 77
6.3.3 OTHER TECHNOLOGIES 77
6.4 PRICING ANALYSIS 77
6.4.1 AVERAGE SELLING PRICE TREND ANALYSIS 77
TABLE 10 FOOD COLORS MARKET: AVERAGE SELLING PRICES, BY TYPE, 2022 (USD/KG) 77
TABLE 11 FOOD COLORS MARKET: AVERAGE SELLING PRICES, BY REGION, 2022 (USD/KG) 78
6.5 ECOSYSTEM MAPPING: FOOD COLORS MARKET 78
6.5.1 DEMAND-SIDE ECOSYSTEM 78
6.5.2 SUPPLY-SIDE ECOSYSTEM 78
FIGURE 33 FOOD COLORS MARKET ECOSYSTEM 78
TABLE 12 FOOD COLORS MARKET: ECOSYSTEM MAPPING 79
6.6 TRENDS IMPACTING CUSTOMERS’ BUSINESS 80
FIGURE 34 FOOD COLORS MARKET: TRENDS IMPACTING BUYERS 80
6.7 PATENT ANALYSIS 81
FIGURE 35 NUMBER OF PATENTS GRANTED BETWEEN 2012 AND 2022 81
TABLE 13 PATENTS PERTAINING TO FOOD COLORS, 2020–2022 82
6.8 TRADE DATA 84
TABLE 14 IMPORT AND EXPORT VALUE OF FOOD COLORS, BY COUNTRY, 2021 (USD MILLION) 84
TABLE 15 IMPORT AND EXPORT VOLUME OF FOOD COLORS, BY COUNTRY, 2021 (KG) 84
6.9 KEY CONFERENCES & EVENTS 85
TABLE 16 KEY CONFERENCES & EVENTS, 2023–2024 85
6.10 PORTER’S FIVE FORCES ANALYSIS 86
TABLE 17 FOOD COLORS MARKET: PORTER’S FIVE FORCES ANALYSIS 86
6.10.1 DEGREE OF COMPETITION 86
6.10.2 BARGAINING POWER OF SUPPLIERS 86
6.10.3 BARGAINING POWER OF BUYERS 87
6.10.4 THREAT FROM SUBSTITUTES 87
6.10.5 THREAT FROM NEW ENTRANTS 87
6.11 CASE STUDIES 88
6.11.1 ALLERGEN SENSORS FOR CONSUMERS 88
6.11.2 SENSORY EXPERIENCE TO REMAIN KEY PRIORITY FOR CONSUMERS 88
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA 88
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 89
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR FOOD COLOR TYPES 89
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR FOOD COLOR TYPES 89
6.12.2 KEY BUYING CRITERIA 89
FIGURE 37 KEY BUYING CRITERIA FOR TYPES OF FOOD COLORS 89
6.13 TRADE AND REGULATORY LANDSCAPE 90
TABLE 19 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
6.13.1 MEXICO 90
6.13.1.1 Mexican Food Regulations 90
6.13.2 BRAZIL 91
6.13.2.1 Brazilian Health Regulatory Agency (ANVISA) 91
6.13.2.1.1 Section II Food Additive Regulations 91
6.13.2.2 Brazilian Food Regulations and Standards 91
6.13.3 ARGENTINA 92
6.13.3.1 The Argentina Food Safety Act 92
6.13.4 REST OF SOUTH AMERICA 92
6.13.5 EUROPE 93
6.13.5.1 Food and Agricultural Import Regulations and Standards (Berlin, Germany) 93
6.13.5.2 Food and Agriculture Imports Regulations and Standards (France) 93
6.13.5.3 Italy 94
6.13.6 CHINA 94
6.13.7 INDIA 94
6.13.8 JAPAN 94
6.13.8.1 Japanese Ministry of Health, Labour and Welfare 94
6.13.8.2 Japan Food Chemical Research Foundation (JFCRF) 95
6.13.9 SOUTH KOREA 95
6.13.9.1 Ministry of Food and Drug Safety (MFDS) 95
6.13.10 AUSTRALIA & NEW ZEALAND 95
6.13.10.1 Australia New Zealand Food Standards Code – Standard 1.3.1 – Food Additives 96
6.13.11 MIDDLE EAST 96
6.13.11.1 Food, Agricultural, and Water Import Regulations, and Standards – Dubai, United Arab Emirates 96
7 FOOD COLORS MARKET, BY TYPE 97
7.1 INTRODUCTION 98
FIGURE 38 FOOD COLORS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 98
TABLE 20 FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 99
TABLE 21 FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 99
TABLE 22 FOOD COLORS MARKET, BY TYPE, 2019–2022 (KT) 99
TABLE 23 FOOD COLORS MARKET, BY TYPE, 2023–2028 (KT) 99
TABLE 24 NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 100
TABLE 25 NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 100
TABLE 26 SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 101
TABLE 27 SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 101
7.2 NATURAL COLORS 101
7.2.1 INCREASE IN FOOD QUALITY AND SAFETY AWARENESS AMONG CONSUMERS 101
TABLE 28 COMMONLY USED EXEMPT COLORS & THEIR APPLICATIONS 102
FIGURE 39 CARMINE TO LEAD AMONG NATURAL COLORS MARKET THROUGH 2028 (USD MILLION) 104
TABLE 29 NATURAL FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 104
TABLE 30 NATURAL FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 104
TABLE 31 NATURAL FOOD COLORS MARKET, BY REGION, 2019–2022 (KT) 105
TABLE 32 NATURAL FOOD COLORS MARKET, BY REGION, 2023–2028 (KT) 105
7.2.2 CARMINE 105
TABLE 33 CARMINE MARKET, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 34 CARMINE MARKET, BY REGION, 2023–2028 (USD MILLION) 106
7.2.3 ANTHOCYANINS 106
TABLE 35 ANTHOCYANINS MARKET, BY REGION, 2019–2022 (USD MILLION) 107
TABLE 36 ANTHOCYANINS MARKET, BY REGION, 2023–2028 (USD MILLION) 107
7.2.4 CARAMEL 108
TABLE 37 CARAMEL MARKET, BY REGION, 2019–2022 (USD MILLION) 108
TABLE 38 CARAMEL MARKET, BY REGION, 2023–2028 (USD MILLION) 108
7.2.5 ANNATTO 109
TABLE 39 ANNATTO MARKET, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 40 ANNATTO MARKET, BY REGION, 2023–2028 (USD MILLION) 109
7.2.6 CAROTENOIDS 110
TABLE 41 CAROTENOIDS MARKET, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 42 CAROTENOIDS MARKET, BY REGION, 2023–2028 (USD MILLION) 110
7.2.7 CHLOROPHYLL 111
TABLE 43 CHLOROPHYLL MARKET, BY REGION, 2019–2022 (USD MILLION) 111
TABLE 44 CHLOROPHYLL MARKET, BY REGION, 2023–2028 (USD MILLION) 111
7.2.8 SPIRULINA 112
TABLE 45 SPIRULINA MARKET, BY REGION, 2019–2022 (USD MILLION) 112
TABLE 46 SPIRULINA MARKET, BY REGION, 2023–2028 (USD MILLION) 112
7.2.9 OTHER NATURAL COLORS 113
TABLE 47 OTHER NATURAL FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 48 OTHER NATURAL FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 113
7.3 SYNTHETIC 113
7.3.1 HIGH ADOPTION AND EXTENSIVE COLOR PALETTE OFFERED BY SYNTHETIC COLORS 113
TABLE 49 E NUMBER OF COLORS 114
TABLE 50 SYNTHETIC COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 115
TABLE 51 SYNTHETIC COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 115
TABLE 52 SYNTHETIC COLORS MARKET, BY REGION, 2019–2022 (KT) 115
TABLE 53 SYNTHETIC COLORS MARKET, BY REGION, 2023–2028 (KT) 116
7.3.2 BLUE 116
TABLE 54 BLUE FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 116
TABLE 55 BLUE FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 116
7.3.3 RED 117
TABLE 56 RED FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 57 RED FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 117
7.3.4 YELLOW 117
TABLE 58 YELLOW FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 59 YELLOW FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 118
7.3.5 GREEN 118
TABLE 60 GREEN FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 61 GREEN FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 119
7.3.6 AMARANTH 119
TABLE 62 AMARANTH MARKET, BY REGION, 2019–2022 (USD MILLION) 119
TABLE 63 AMARANTH MARKET, BY REGION, 2023–2028 (USD MILLION) 119
7.3.7 CARMOISINE 120
TABLE 64 CARMOISINE MARKET, BY REGION, 2019–2022 (USD MILLION) 120
TABLE 65 CARMOISINE MARKET, BY REGION, 2023–2028 (USD MILLION) 120
7.3.8 OTHER SYNTHETIC COLORS 121
TABLE 66 OTHER SYNTHETIC FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 67 OTHER SYNTHETIC FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 121
7.4 NATURE-IDENTICAL 122
7.4.1 LOW HEALTH IMPACT OF NATURE-IDENTICAL COLORS AND COST-EFFECTIVENESS OVER NATURAL COLORS 122
TABLE 68 NATURE-IDENTICAL FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 122
TABLE 69 NATURE-IDENTICAL FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 122
TABLE 70 NATURE-IDENTICAL FOOD COLORS MARKET, BY REGION, 2019–2022 (KT) 123
TABLE 71 NATURE-IDENTICAL FOOD COLORS MARKET, BY REGION, 2023–2028 (KT) 123
8 FOOD COLORS MARKET, BY SOURCE 124
8.1 INTRODUCTION 125
FIGURE 40 FOOD COLORS MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION) 125
TABLE 72 FOOD COLORS MARKET, BY SOURCE, 2019–2022 (USD MILLION) 125
TABLE 73 FOOD COLORS MARKET, BY SOURCE, 2023–2028 (USD MILLION) 126
TABLE 74 FOOD COLORS MARKET, BY SOURCE, 2019–2022 (KT) 126
TABLE 75 FOOD COLORS MARKET, BY SOURCE, 2023–2028 (KT) 126
8.2 PLANTS & ANIMALS 126
8.2.1 INCREASE IN CONSUMER DEMAND FOR NATURAL INGREDIENTS AND SUSTAINABLE, ETHICAL PRODUCTION METHODS 126
TABLE 76 PLANT & ANIMAL SOURCES MARKET, BY REGION, 2019–2022 (USD MILLION) 127
TABLE 77 PLANT & ANIMAL SOURCES MARKET, BY REGION, 2023–2028 (USD MILLION) 127
8.3 MINERALS & CHEMICALS 128
8.3.1 PETROLEUM, PETROCHEMICALS, AND MINERAL COMPOUNDS USED IN FOOD AND PHARMACEUTICAL INDUSTRIES 128
TABLE 78 MINERAL & CHEMICAL SOURCES MARKET, BY REGION, 2019–2022 (USD MILLION) 129
TABLE 79 MINERAL & CHEMICAL SOURCES MARKET, BY REGION, 2023–2028 (USD MILLION) 129
8.4 MICROORGANISMS 129
8.4.1 PROMISING ALTERNATIVE TO SYNTHETIC FOOD COLORANTS 129
TABLE 80 MICROORGANISM SOURCES MARKET, BY REGION, 2019–2022 (USD MILLION) 130
TABLE 81 MICROORGANISM SOURCES MARKET, BY REGION, 2023–2028 (USD MILLION) 130
9 FOOD COLORS MARKET, BY FORM 131
9.1 INTRODUCTION 132
FIGURE 41 LIQUID FORM TO BE LARGEST AMONG FORMS DURING FORECAST PERIOD 132
TABLE 82 FOOD COLORS MARKET, BY FORM, 2019–2022 (USD MILLION) 132
TABLE 83 FOOD COLORS MARKET, BY FORM, 2023–2028 (USD MILLION) 132
9.2 LIQUID 133
9.2.1 EASE OF USE AND INCREASE IN APPLICATION FOR FURTHER BLENDING AND FORMULATION OF NEW FOOD COLORS 133
TABLE 84 LIQUID FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 85 LIQUID FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 133
9.3 POWDER 134
9.3.1 DIVERSE COLOR PROFILE FACILITATED BY POWDERED COLORS 134
TABLE 86 POWDER-BASED FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 134
TABLE 87 POWDER-BASED FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 134
9.4 GEL 135
9.4.1 LONGER SHELF LIFE AND WIDE COLOR PALETTE OFFERED IN GEL FORM 135
TABLE 88 GEL-BASED FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 89 GEL-BASED FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 135
10 FOOD COLORS MARKET, BY SOLUBILITY 136
10.1 INTRODUCTION 137
FIGURE 42 FOOD COLORS MARKET, BY SOLUBILITY, 2023 VS. 2028 (USD MILLION) 137
TABLE 90 FOOD COLORS MARKET, BY SOLUBILITY, 2019–2022 (USD MILLION) 137
TABLE 91 FOOD COLORS MARKET, BY SOLUBILITY, 2023–2028 (USD MILLION) 137
10.2 DYES 138
10.2.1 HIGH GROWTH OF FOOD & BEVERAGE INDUSTRY AND GLOBAL DEMAND FOR NATURAL FOOD INGREDIENTS 138
10.3 LAKES 139
10.3.1 INCREASED APPLICABILITY OF LAKES IN DYNAMIC BAKERY AND CONFECTIONERY INDUSTRY 139
TABLE 92 EU: APPROVED LAKES COLORS 139
11 FOOD COLORS MARKET, BY APPLICATION 140
11.1 INTRODUCTION 141
FIGURE 43 FOOD COLORS MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION) 141
TABLE 93 FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 141
TABLE 94 FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 142
TABLE 95 FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 142
TABLE 96 FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 142
TABLE 97 BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 143
TABLE 98 BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 143
11.2 FOOD PRODUCTS 143
11.2.1 RAPID GROWTH OF FOOD SECTORS GLOBALLY 143
FIGURE 44 COLORS IN PROCESSED FOOD TO DOMINATE AMONG FOOD PRODUCTS THROUGH 2028 144
TABLE 99 FOOD PRODUCT APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 144
TABLE 100 FOOD PRODUCT APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 144
11.2.2 PROCESSED FOOD PRODUCTS 145
TABLE 101 PROCESSED FOOD PRODUCT APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 145
TABLE 102 PROCESSED FOOD PRODUCT APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 145
11.2.3 BAKERY & CONFECTIONERY PRODUCTS 146
TABLE 103 BAKERY & CONFECTIONERY APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 146
TABLE 104 BAKERY & CONFECTIONERY APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 147
11.2.4 MEAT, POULTRY, AND SEAFOOD 147
TABLE 105 MEAT, POULTRY, AND SEAFOOD APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 147
TABLE 106 MEAT, POULTRY, AND SEAFOOD APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 148
11.2.5 OILS & FATS 148
TABLE 107 OIL & FAT APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 148
TABLE 108 OIL & FAT APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 149
11.2.6 DAIRY PRODUCTS 149
TABLE 109 DAIRY PRODUCT APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 150
TABLE 110 DAIRY PRODUCT APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 150
11.2.7 OTHER FOOD PRODUCTS 150
TABLE 111 OTHER FOOD PRODUCT APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 151
TABLE 112 OTHER FOOD PRODUCT APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 151
11.3 BEVERAGES 151
11.3.1 AVAILABILITY OF NEW, REFRESHING, AND HEALTHIER JUICES AND BEVERAGES 151
TABLE 113 BEVERAGE APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 152
TABLE 114 BEVERAGE APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 152
11.3.2 JUICE & JUICE CONCENTRATES 152
TABLE 115 JUICE & JUICE CONCENTRATE APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 153
TABLE 116 JUICE & JUICE CONCENTRATE APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 153
11.3.3 FUNCTIONAL DRINKS 153
TABLE 117 FUNCTIONAL DRINK APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 154
TABLE 118 FUNCTIONAL DRINK APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 154
11.3.4 CARBONATED SOFT DRINKS 154
TABLE 119 FOOD COLOR TYPES USED IN SOFT DRINKS 155
TABLE 120 CARBONATED SOFT DRINK APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 155
TABLE 121 CARBONATED SOFT DRINK APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 156
11.3.5 ALCOHOLIC BEVERAGES 156
TABLE 122 ALCOHOLIC BEVERAGE APPLICATIONS MARKET, BY REGION, 2019–2022 (USD MILLION) 156
TABLE 123 ALCOHOLIC BEVERAGE APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 157
12 FOOD COLORS MARKET, BY REGION 158
12.1 INTRODUCTION 159
FIGURE 45 US TO ACCOUNT FOR LARGEST SHARE IN FOOD COLORS MARKET, 2023 159
TABLE 124 FOOD COLORS MARKET, BY REGION, 2019–2022 (USD MILLION) 160
TABLE 125 FOOD COLORS MARKET, BY REGION, 2023–2028 (USD MILLION) 160
TABLE 126 FOOD COLORS MARKET, BY REGION, 2019–2022 (KT) 160
TABLE 127 FOOD COLORS MARKET, BY REGION, 2023–2028 (KT) 161
12.2 NORTH AMERICA 161
FIGURE 46 NORTH AMERICA: MARKET SNAPSHOT 162
TABLE 128 NORTH AMERICA: FOOD COLORS MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 162
TABLE 129 NORTH AMERICA: FOOD COLORS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 163
TABLE 130 NORTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 163
TABLE 131 NORTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 163
TABLE 132 NORTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (KT) 164
TABLE 133 NORTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (KT) 164
TABLE 134 NORTH AMERICA: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 164
TABLE 135 NORTH AMERICA: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 165
TABLE 136 NORTH AMERICA: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 165
TABLE 137 NORTH AMERICA: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 166
TABLE 138 NORTH AMERICA: FOOD COLORS MARKET, BY FORM, 2019–2022 (USD MILLION) 166
TABLE 139 NORTH AMERICA: FOOD COLORS MARKET, BY FORM, 2023–2028 (USD MILLION) 166
TABLE 140 NORTH AMERICA: FOOD COLORS MARKET, BY SOURCE, 2019–2022 (USD MILLION) 167
TABLE 141 NORTH AMERICA: FOOD COLORS MARKET, BY SOURCE, 2023–2028 (USD MILLION) 167
TABLE 142 NORTH AMERICA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 167
TABLE 143 NORTH AMERICA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 167
TABLE 144 NORTH AMERICA: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 168
TABLE 145 NORTH AMERICA: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 168
TABLE 146 NORTH AMERICA: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 168
TABLE 147 NORTH AMERICA: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 169
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 169
12.2.2 US 169
12.2.2.1 Presence of key players and well-established food & beverage industries 169
TABLE 148 US: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 170
TABLE 149 US: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 170
TABLE 150 US: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 171
TABLE 151 US: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 171
12.2.3 CANADA 171
12.2.3.1 Increase in consumer preference for clean-label food products to encourage natural food colors 171
TABLE 152 CANADA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 172
TABLE 153 CANADA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 172
TABLE 154 CANADA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 172
TABLE 155 CANADA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 173
12.2.4 MEXICO 173
12.2.4.1 High demand for natural food colors 173
TABLE 156 MEXICO: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 173
TABLE 157 MEXICO: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 174
TABLE 158 MEXICO: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 174
TABLE 159 MEXICO: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 174
12.3 EUROPE 174
TABLE 160 EUROPE: FOOD COLORS MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 175
TABLE 161 EUROPE: FOOD COLORS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 176
TABLE 162 EUROPE: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 176
TABLE 163 EUROPE: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 176
TABLE 164 EUROPE: FOOD COLORS MARKET, BY TYPE, 2019–2022 (KT) 176
TABLE 165 EUROPE: FOOD COLORS MARKET, BY TYPE, 2023–2028 (KT) 177
TABLE 166 EUROPE: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 177
TABLE 167 EUROPE: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 177
TABLE 168 EUROPE: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 178
TABLE 169 EUROPE: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 178
TABLE 170 EUROPE: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 178
TABLE 171 EUROPE: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 179
TABLE 172 EUROPE: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 179
TABLE 173 EUROPE: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 179
TABLE 174 EUROPE: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 180
TABLE 175 EUROPE: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 180
TABLE 176 EUROPE: FOOD COLORS MARKET, BY FORM, 2019–2022 (USD MILLION) 180
TABLE 177 EUROPE: FOOD COLORS MARKET, BY FORM, 2023–2028 (USD MILLION) 181
TABLE 178 EUROPE: FOOD COLORS MARKET, BY SOURCE, 2019–2022 (USD MILLION) 181
TABLE 179 EUROPE: FOOD COLORS MARKET, BY SOURCE, 2023–2028 (USD MILLION) 181
12.3.1 EUROPE: RECESSION IMPACT ANALYSIS 181
12.3.2 GERMANY 182
12.3.2.1 High growth of chemicals and processed foods manufacturing sectors 182
TABLE 180 GERMANY: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 182
TABLE 181 GERMANY: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 183
TABLE 182 GERMANY: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 183
TABLE 183 GERMANY: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 183
12.3.3 UK 183
12.3.3.1 Steady rise in food & beverage processing sector along with high demand for natural ingredients 183
TABLE 184 UK: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 184
TABLE 185 UK: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 184
TABLE 186 UK: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 184
TABLE 187 UK: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 185
12.3.4 FRANCE 185
12.3.4.1 Rise in preference for ready-to-eat meals with premium ingredients during pandemic 185
TABLE 188 FRANCE: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 185
TABLE 189 FRANCE: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 186
TABLE 190 FRANCE: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 186
TABLE 191 FRANCE: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 186
12.3.5 ITALY 186
12.3.5.1 Slowly rising expenditure on food in Italy due to changing lifestyles 186
TABLE 192 ITALY: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 187
TABLE 193 ITALY: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 187
TABLE 194 ITALY: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 187
TABLE 195 ITALY: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 187
12.3.6 SPAIN 188
12.3.6.1 Well-established processed food sector demanding high-quality food colors 188
TABLE 196 SPAIN: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 188
TABLE 197 SPAIN: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 188
TABLE 198 SPAIN: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 189
TABLE 199 SPAIN: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 189
12.3.7 REST OF EUROPE 189
TABLE 200 REST OF EUROPE: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 190
TABLE 201 REST OF EUROPE: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 190
TABLE 202 REST OF EUROPE: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 190
TABLE 203 REST OF EUROPE: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 190
12.4 ASIA PACIFIC 191
TABLE 204 ASIA PACIFIC: FOOD COLORS MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 192
TABLE 205 ASIA PACIFIC: FOOD COLORS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 192
TABLE 206 ASIA PACIFIC: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 192
TABLE 207 ASIA PACIFIC: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 193
TABLE 208 ASIA PACIFIC: FOOD COLORS MARKET, BY TYPE, 2019–2022 (KT) 193
TABLE 209 ASIA PACIFIC: FOOD COLORS MARKET, BY TYPE, 2023–2028 (KT) 193
TABLE 210 ASIA PACIFIC: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 194
TABLE 211 ASIA PACIFIC: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 194
TABLE 212 ASIA PACIFIC: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 195
TABLE 213 ASIA PACIFIC: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 195
TABLE 214 ASIA PACIFIC: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 195
TABLE 215 ASIA PACIFIC: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 196
TABLE 216 ASIA PACIFIC: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 196
TABLE 217 ASIA PACIFIC: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 196
TABLE 218 ASIA PACIFIC: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 197
TABLE 219 ASIA PACIFIC: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 197
TABLE 220 ASIA PACIFIC: FOOD COLORS MARKET, BY FORM, 2019–2022 (USD MILLION) 197
TABLE 221 ASIA PACIFIC: FOOD COLORS MARKET, BY FORM, 2023–2028 (USD MILLION) 198
TABLE 222 ASIA PACIFIC: FOOD COLORS MARKET, BY SOURCE, 2019–2022 (USD MILLION) 198
TABLE 223 ASIA PACIFIC: FOOD COLORS MARKET, BY SOURCE, 2023–2028 (USD MILLION) 198
12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 198
12.4.2 CHINA 199
12.4.2.1 Increase in chemical production and exports 199
TABLE 224 CHINA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 199
TABLE 225 CHINA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 199
TABLE 226 CHINA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 200
TABLE 227 CHINA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 200
12.4.3 INDIA 200
12.4.3.1 Rise in local food color manufacturers and domestic consumption of processed foods 200
TABLE 228 INDIA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 201
TABLE 229 INDIA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 201
TABLE 230 INDIA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 201
TABLE 231 INDIA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 201
12.4.4 JAPAN 202
12.4.4.1 Increase in demand for natural food colors 202
TABLE 232 JAPAN: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 202
TABLE 233 JAPAN: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 202
TABLE 234 JAPAN: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 203
TABLE 235 JAPAN: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 203
12.4.5 AUSTRALIA & NEW ZEALAND 203
12.4.5.1 Rise in demand for organic and natural food products 203
TABLE 236 AUSTRALIA & NEW ZEALAND: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 204
TABLE 237 AUSTRALIA & NEW ZEALAND: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 204
TABLE 238 AUSTRALIA & NEW ZEALAND: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 204
TABLE 239 AUSTRALIA & NEW ZEALAND: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 204
12.4.6 SOUTH KOREA 205
12.4.6.1 Robust food processing industries in South Korea 205
TABLE 240 SOUTH KOREA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 205
TABLE 241 SOUTH KOREA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 205
TABLE 242 SOUTH KOREA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 205
TABLE 243 SOUTH KOREA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 206
12.4.7 REST OF ASIA PACIFIC 206
TABLE 244 REST OF ASIA PACIFIC: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 206
TABLE 245 REST OF ASIA PACIFIC: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 207
TABLE 246 REST OF ASIA PACIFIC: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 207
TABLE 247 REST OF ASIA PACIFIC: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 207
TABLE 248 SOUTH AMERICA: FOOD COLORS MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 208
TABLE 249 SOUTH AMERICA: FOOD COLORS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 208
TABLE 250 SOUTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 208
TABLE 251 SOUTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 208
TABLE 252 SOUTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (KT) 209
TABLE 253 SOUTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (KT) 209
TABLE 254 SOUTH AMERICA: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 209
TABLE 255 SOUTH AMERICA: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 210
TABLE 256 SOUTH AMERICA: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 210
TABLE 257 SOUTH AMERICA: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 211
TABLE 258 SOUTH AMERICA: FOOD COLORS MARKET, BY FORM, 2019–2022 (USD MILLION) 211
TABLE 259 SOUTH AMERICA: FOOD COLORS MARKET, BY FORM, 2023–2028 (USD MILLION) 211
TABLE 260 SOUTH AMERICA: FOOD COLORS MARKET, BY SOURCE, 2019–2022 (USD MILLION) 212
TABLE 261 SOUTH AMERICA: FOOD COLORS MARKET, BY SOURCE, 2023–2028 (USD MILLION) 212
TABLE 262 SOUTH AMERICA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 212
TABLE 263 SOUTH AMERICA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 212
TABLE 264 SOUTH AMERICA: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 213
TABLE 265 SOUTH AMERICA: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 213
TABLE 266 SOUTH AMERICA: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 213
TABLE 267 SOUTH AMERICA: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 214
12.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 214
12.5.2 BRAZIL 214
12.5.2.1 Increase in presence of key food retailers and growth of food processing industries 214
TABLE 268 BRAZIL: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 215
TABLE 269 BRAZIL: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 215
TABLE 270 BRAZIL: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 215
TABLE 271 BRAZIL: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 216
12.5.3 ARGENTINA 216
12.5.3.1 Growth of food processing sector 216
TABLE 272 ARGENTINA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 216
TABLE 273 ARGENTINA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 216
TABLE 274 ARGENTINA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 217
TABLE 275 ARGENTINA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 217
12.5.4 REST OF SOUTH AMERICA 217
TABLE 276 REST OF SOUTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 217
TABLE 277 REST OF SOUTH AMERICA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 218
TABLE 278 REST OF SOUTH AMERICA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 218
TABLE 279 REST OF SOUTH AMERICA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 218
12.6 REST OF THE WORLD (ROW) 218
12.6.1 ROW: RECESSION IMPACT ANALYSIS 219
TABLE 280 ROW: FOOD COLORS MARKET, BY COUNTRY/REGION, 2019–2022 (USD MILLION) 219
TABLE 281 ROW: FOOD COLORS MARKET, BY COUNTRY/REGION, 2023–2028 (USD MILLION) 219
TABLE 282 ROW: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 219
TABLE 283 ROW: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 220
TABLE 284 ROW: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 220
TABLE 285 ROW: NATURAL FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 220
TABLE 286 ROW: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2019–2022 (USD MILLION) 221
TABLE 287 ROW: SYNTHETIC FOOD COLORS MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 221
TABLE 288 ROW: FOOD COLORS MARKET, BY FORM, 2019–2022 (USD MILLION) 221
TABLE 289 ROW: FOOD COLORS MARKET, BY FORM, 2023–2028 (USD MILLION) 222
TABLE 290 ROW: FOOD COLORS MARKET, BY SOURCE, 2019–2022 (USD MILLION) 222
TABLE 291 ROW: FOOD COLORS MARKET, BY SOURCE, 2023–2028 (USD MILLION) 222
TABLE 292 ROW: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 222
TABLE 293 ROW: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 223
TABLE 294 ROW: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 223
TABLE 295 ROW: FOOD PRODUCT APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 223
TABLE 296 ROW: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2019–2022 (USD MILLION) 224
TABLE 297 ROW: BEVERAGE APPLICATIONS MARKET, BY SUBAPPLICATION, 2023–2028 (USD MILLION) 224
12.6.2 SOUTH AFRICA 224
12.6.2.1 Growth of food & beverage industry to offer attractive investment opportunities 224
TABLE 298 SOUTH AFRICA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 225
TABLE 299 SOUTH AFRICA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 225
TABLE 300 SOUTH AFRICA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 225
TABLE 301 SOUTH AFRICA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 226
12.6.3 MIDDLE EAST 226
12.6.3.1 Gradual growth in food & beverage sector in this region 226
TABLE 302 MIDDLE EAST: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 226
TABLE 303 MIDDLE EAST: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 227
TABLE 304 MIDDLE EAST: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 227
TABLE 305 MIDDLE EAST: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 227
12.6.4 REST OF AFRICA 227
TABLE 306 REST OF AFRICA: FOOD COLORS MARKET, BY TYPE, 2019–2022 (USD MILLION) 228
TABLE 307 REST OF AFRICA: FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION) 228
TABLE 308 REST OF AFRICA: FOOD COLORS MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 228
TABLE 309 REST OF AFRICA: FOOD COLORS MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 228
13 COMPETITIVE LANDSCAPE 229
13.1 OVERVIEW 229
13.2 REVENUE ANALYSIS OF KEY PLAYERS 229
FIGURE 47 REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2019–2021 (USD BILLION) 229
13.3 MARKET SHARE ANALYSIS 230
TABLE 310 FOOD COLORS MARKET: DEGREE OF COMPETITION 230
13.4 STRATEGIES OF TOP FOUR PLAYERS 231
TABLE 311 FOOD COLORS MARKET: KEY PLAYER STRATEGIES 231
13.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 232
13.5.1 STARS 232
13.5.2 PERVASIVE PLAYERS 232
13.5.3 EMERGING LEADERS 232
13.5.4 PARTICIPANTS 232
FIGURE 48 FOOD COLORS MARKET: COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS) 233
13.5.5 PRODUCT FOOTPRINT 234
TABLE 312 KEY COMPANY FOOTPRINT, BY TYPE 234
TABLE 313 KEY COMPANY FOOTPRINT, BY SOURCE 234
TABLE 314 KEY COMPANY FOOTPRINT, BY FORM 235
TABLE 315 KEY COMPANY FOOTPRINT, BY APPLICATION 236
TABLE 316 KEY COMPANY FOOTPRINT, BY REGION 237
TABLE 317 OVERALL KEY COMPANY FOOTPRINT 238
13.6 COMPANY EVALUATION QUADRANT (STARTUPS/SMES) 239
13.6.1 PROGRESSIVE COMPANIES 239
13.6.2 STARTING BLOCKS 239
13.6.3 RESPONSIVE COMPANIES 239
13.6.4 DYNAMIC COMPANIES 239
FIGURE 49 FOOD COLORS MARKET: COMPANY EVALUATION QUADRANT, 2022 (STARTUPS/SMES) 240
13.6.5 COMPETITIVE BENCHMARKING 241
TABLE 318 FOOD COLORS MARKET: DETAILED LIST OF KEY STARTUPS/SMES 241
TABLE 319 STARTUP/SME COMPANY FOOTPRINT, BY TYPE 241
TABLE 320 STARTUP/SME COMPANY FOOTPRINT, BY SOURCE 242
TABLE 321 STARTUP/SME COMPANY FOOTPRINT, BY FORM 242
TABLE 322 STARTUP/SME COMPANY FOOTPRINT, BY SOLUBILITY 242
TABLE 323 STARTUP/SME COMPANY FOOTPRINT, BY APPLICATION 243
TABLE 324 STARTUP/SME COMPANY FOOTPRINT, BY REGION 243
TABLE 325 OVERALL STARTUP/SME COMPANY FOOTPRINT 243
13.7 NEW PRODUCT LAUNCHES AND DEALS 244
13.7.1 NEW PRODUCT LAUNCHES 244
TABLE 326 FOOD COLORS MARKET: NEW PRODUCT LAUNCHES, JANUARY 2019–JANUARY 2023 244
TABLE 327 FOOD COLORS MARKET: DEALS, OCTOBER 2019–OCTOBER 2022 245
14 COMPANY PROFILES 246
(Business overview, Products offered, Recent developments & MnM View)*
14.1 KEY PLAYERS 246
14.1.1 ARCHER DANIELS MIDLAND COMPANY 246
TABLE 328 ADM: BUSINESS OVERVIEW 246
FIGURE 50 ADM: COMPANY SNAPSHOT 247
TABLE 329 ADM: PRODUCTS OFFERED 247
TABLE 330 ADM: PRODUCT LAUNCHES 248
14.1.2 INTERNATIONAL FLAVORS & FRAGRANCES INC. 250
TABLE 331 INTERNATIONAL FLAVORS & FRAGRANCES INC.: BUSINESS OVERVIEW 250
FIGURE 51 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT 251
TABLE 332 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS OFFERED 251
TABLE 333 INTERNATIONAL FLAVORS & FRAGRANCES INC.: OTHER DEVELOPMENTS 252
14.1.3 SENSIENT TECHNOLOGIES CORPORATION 254
TABLE 334 SENSIENT TECHNOLOGIES CORPORATION: BUSINESS OVERVIEW 254
FIGURE 52 SENSIENT TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT 255
TABLE 335 SENSIENT TECHNOLOGIES CORPORATION: PRODUCTS OFFERED 255
TABLE 336 SENSIENT TECHNOLOGIES CORPORATION: DEALS 259
14.1.4 DSM 260
TABLE 337 DSM: BUSINESS OVERVIEW 260
FIGURE 53 DSM: COMPANY SNAPSHOT 261
TABLE 338 DSM: PRODUCTS OFFERED 261
14.1.5 NATUREX 263
TABLE 339 NATUREX: BUSINESS OVERVIEW 263
TABLE 340 NATUREX: PRODUCTS OFFERED 264
TABLE 341 NATUREX: NEW PRODUCT LAUNCHES 267
14.1.6 DDW 268
TABLE 342 DDW: BUSINESS OVERVIEW 268
TABLE 343 DDW: PRODUCTS OFFERED 268
TABLE 344 DDW: DEALS 269
14.1.7 DÖHLER GROUP 270
TABLE 345 DÖHLER GROUP: BUSINESS OVERVIEW 270
TABLE 346 DÖHLER GROUP: PRODUCTS OFFERED 271
14.1.8 FIORIO COLORI 272
TABLE 347 FIORIO COLORI: BUSINESS OVERVIEW 272
TABLE 348 FIORIO COLORI: PRODUCTS OFFERED 272
14.1.9 LYCORED 274
TABLE 349 LYCORED: BUSINESS OVERVIEW 274
TABLE 350 LYCORED: PRODUCTS OFFERED 274
TABLE 351 LYCORED: OTHER DEVELOPMENTS 276
14.1.10 KALSEC INC. 277
TABLE 352 KALSEC INC.: BUSINESS OVERVIEW 277
TABLE 353 KALSEC INC.: PRODUCTS OFFERED 277
14.1.11 ALLIANCE ORGANICS LLP 280
TABLE 354 ALLIANCE ORGANICS LLP: BUSINESS OVERVIEW 280
TABLE 355 ALLIANCE ORGANICS LLP: PRODUCTS OFFERED 280
14.1.12 HORIZON SPECIALITIES LTD. 282
TABLE 356 HORIZON SPECIALITIES LTD.: BUSINESS OVERVIEW 282
TABLE 357 HORIZON SPECIALITIES LTD.: PRODUCTS OFFERED 282
14.1.13 SUN FOOD TECH PVT. LTD. 284
TABLE 358 SUN FOOD TECH PVT. LTD.: BUSINESS OVERVIEW 284
TABLE 359 SUN FOOD TECH PVT. LTD.: PRODUCTS OFFERED 284
14.1.14 SAN-EI GEN F.F.I., INC. 286
TABLE 360 SAN-EI GEN F.F.I., INC.: BUSINESS OVERVIEW 286
TABLE 361 SAN-EI GEN F.F.I., INC.: PRODUCTS OFFERED 286
TABLE 362 SAN-EI GEN F.F.I., INC.: PRODUCT LAUNCHES 287
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14.2 OTHER PLAYERS 288
14.2.1 PHARMOGANA GMBH 288
14.2.2 CHROMATECH INCORPORATED 289
14.2.3 SUNRISE GREENFOOD 290
14.2.4 PROQUIMAC 291
14.2.5 EXBERRY 292
14.2.6 AJANTA CHEMICAL INDUSTRIES 292
15 ADJACENT AND RELATED MARKETS 293
15.1 INTRODUCTION 293
TABLE 363 ADJACENT MARKETS TO FOOD COLORS 293
15.2 LIMITATIONS 293
15.3 FOOD FLAVORS MARKET 294
15.3.1 MARKET DEFINITION 294
15.3.2 MARKET OVERVIEW 294
TABLE 364 FLAVORS MARKET, BY APPLICATION, 2019–2021 (USD MILLION) 295
TABLE 365 FLAVORS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 295
15.4 NATURAL COLORS & FLAVORS MARKET 295
15.4.1 MARKET DEFINITION 295
15.4.2 MARKET OVERVIEW 296
TABLE 366 NATURAL FOOD COLORS MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 296
16 APPENDIX 297
16.1 DISCUSSION GUIDE 297
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 302
16.3 CUSTOMIZATION OPTIONS 304
16.4 RELATED REPORTS 304
16.5 AUTHOR DETAILS 305
