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Natural Food Colors Market Expansion to be Persistent During 2018 to 2028

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Steve Blade
Natural Food Colors Market Expansion to be Persistent During 2018 to 2028

The global natural food colors market is anticipated grow at a CAGR of 6.5% over the forecast period 2018-2028. In this natural food colors market report, the following years are considered to predict the market footprint:

  • History Year: 2013 - 2017
  • Base Year: 2013
  • Estimated Year: 2028
  • Forecast Year: 2018 – 2028

The business intelligence study of the natural food colors market covers the estimation size of the market both in terms of value and volume. In a bid to recognize the growth prospects in the natural food colors market, the market study has been geographically fragmented into important regions that are progressing faster than the overall 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. The Fact.MR study assesses the impact of the latest consumer trends in the food industry along with other macro and microeconomic factors on growth of the natural food colors market during the period 2018-2028. 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.
  • As most consumers relate the color intensity and the outer appearance of food products with greater taste and flavor, the demand for unique natural food colors is likely to surge in the foreseeable future.

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

The Fact.MR study attributes the increasing growth of the food & beverage industry in the Asia Pacific region excluding Japan (APEJ) for a significant upsurge in demand for natural food colors in the region. Rapidly-expanding scope of the food & beverage industry in the APEJ region is becoming an important factor to be reckoned with for natural food colors market players. The Fact.MR study predicts that the demand for natural food colors will pick up in the latter years of the assessment period. The study also projects that yellow will be the most popular natural food color in the APEJ region, as the carotenoid pigment accounts for nearly 35% revenue share of the natural food colors market in the APEJ region. With a variety of new food and beverage products being launched, the APEJ region will create more lucrative opportunities for natural food color manufacturers in the upcoming years.

Natural Food Colors Becoming a Part of Beverage Manufacturers’ Most Popular Strategies

The Fact.MR study finds that natural food colors are witnessing burgeoning applications in the beverage sector as it accounts for the largest revenue share in the natural food colors market. With a mounting number of new beverages being introduced each year, the beverage industry is likely create growth potential for natural food colors market, predicts the Fact.MR study.

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Steve Blade
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