CAGR: 7.7%Current Market Size: USD 585 MillionFastest Growing Region: North America
Largest Market: APACProjection Time: 2023-2030Base Year: 2022
The Global synthetic food colors market is expected to grow from USD 585 million in 2022 to USD 1058.96 million by 2030, at a CAGR of 7.7% during the Projection period 2023-2030. The growth of synthetic food colors market is mainly driven by increase in beverages, bakeries, snacks, cereals, dairy, fruit preparations, soups, pet food, etc.
Synthetic color created in commercial or academic contexts through chemical reactions are known as synthetic food color. Due to their low cost and excellent efficacy in producing vivid and uniform colour, they are now often employed as colour additives in the food and beverage sector. Food color are additives that are either created naturally or syntheticly are used in food and beverage items to provide colour characteristics. Food colouring often improves the attractiveness of food and beverage products, which in turn influences or fascinates the customer to buy the product. Industrially speaking, pigment and dyes are the two types of Synthetic food color used in the creation of food and beverage goods. Synthetic food color enhances the flavour of food items, aid to maintain the quality, and lengthen the shelf life of the product in addition to providing ornamental or influencing charms. Additionally, Synthetic food color safeguard tastes and vitamins that sunshine or UV rays may degrade. Synthetic food color is far more successful than natural ones in imparting a vivid, consistent colour to food and beverage items. Additionally, synthetic food color can easily mix with the solution. Intense and consistent color is imparted in food and beverage items using synthetic food colors, which are very effective. Additionally, artificial food colors can quickly dissolve in the solution and provide more clear-cut solutions. As a result, they are increasingly being employed as coloring agents in a variety of food and beverage sector applications.
Sample Request: - Global Synthetic Food Colors Market
Market Dynamics:
Drivers:
In every location, there is a marked increase in demand for natural food color. One of the main elements influencing their demand is the health advantages connected with their use.
Restraints:
The use of synthetic colourants in food and beverage items has been constrained by strict laws established by federal organisations of several nations. The FDA is a major authority on food additive regulation in the US. It controls the use of artificial color in foods and beverages. These rules have reduced the demand for and usage of food color.
Opportunities:
The need for artificial food colouring is falling as customers become more health-conscious. Food producers are continuously searching for novel ways to extract color from alternative natural sources due to the harm that these color do to human health. Untapped raw material resources that abide by regulatory requirements, including beta-carotene from algae and cabbage, present prospects for the market expansion of food color. With a focus on providing new sources of food color, intercropping of current crops with colouring crops offers substantial development prospects for the market's major participants.
Challenges:
The market expansion for food color is also being held back by the divergent regulatory standards and labelling requirements for the use of natural and organic color in various nations.
Segmentation Analysis:
The global synthetic food colors market has been segmented based on Form, Solubility, Application and Regions.
By Form
The Form segment includes liquid, powder, gel, and emulsion. The liquid segment led the synthetic food colors market with a market share of around 32% in 2022. This industry's expansion is attributable to the increased demand for food colouring, which is needed for foods that need lighter, more pastel color. Since they serve to increase the viscosity, mouthfeel, product stability, texture, shelf life, pleasant flavour, and better visual aspect of the food product as compared to other formed food color, liquid formed food color are in higher demand from the food and drinks sector globally. Additionally, liquid food color, as opposed to gel ones, have a larger water content. As a result, they are frequently employed in the production of hard candies and lollipops, frostings, cakes, cookies, ice cream, and syrup.
By Solubility
The Solubility segment includes water, dye, and oil. The water segment led the synthetic food colors market with a market share of around 57% in 2022. Due to their qualities, such as highly concentrated color, an excellent quality-price ratio, and high stability in water, water-soluble food color are in high demand from the food and beverage industry.
By Application
The Application segment includes processed food products, beverages, non-alcoholic beverages, and alcoholic beverages. The processed food segment led the synthetic food colors market with a market share of around 32% in 2022. Food color are in great demand due to the expanding processed food industry and the need to replace colour lost during food processing, enhance natural color, reduce variation, and colour food.
Global Synthetic Food Colors Market- Sales Analysis
The sale of synthetic food colors expanded at a CAGR of 5.2% from 2016 to 2022.
Growing consumer desire for inventive, distinctive-looking food items, the low cost of synthetic food color, and the quick growth of the food and beverage sector globally are the main drivers of market growth for food color. Additionally, the development of social media has been a major factor in promoting the use of artificial food color.
Artificial food color are frequently used by food producers to restore the aesthetic appeal of processed foods and beverages. The demand for synthetic color is therefore anticipated to increase throughout the projected period due to the increased production and consumption of ready-to-eat meals and drinks.
Intense and consistent colour is imparted in food and beverage items using synthetic food color, which are very effective. Additionally, artificial food color can quickly dissolve in the solution and provide more clear-cut solutions. As a result, they are increasingly being employed as colouring agents in a variety of food and beverage sector applications.
Thus, owing to the aforementioned factors, the global synthetic food colors market is expected to grow at a CAGR of 7.7% during the Projection period from 2023 to 2030.
By Regional Analysis:
The regions analysed for the synthetic food colors market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific region dominated the synthetic food colors market and held a 35% share of the market revenue in 2022.
Global Synthetic Food Colors Market- Country Analysis:
Germany’s synthetic food colors market size was valued at USD 30.71 million in 2022 and is expected to reach USD 93.94 million by 2030, at a CAGR of 7.5% from 2023 to 2030. Fruits and vegetables are two readily available raw commodities that drive the market for food colourants in Germany. Manufacturing is under pressure to adopt clean labelling as a result of rising worries about food safety in Germany. The main obstacle for the industry is the public's growing understanding of the negative consequences of synthetic color. But at the moment, the market for natural colourants in the nation is being driven by a trend toward a progressive preference for natural color due to greater knowledge connected to health safety.
China’s synthetic food colors market size was valued at USD 34.80 million in 2022 and is expected to reach USD 122.19 million by 2030, at a CAGR of 6.7% from 2023 to 2030. There are several domestic companies in the Chinese food colourant industry, which is dominated by synthetic colour with a growing natural colour sector. Due to its greater consumption rate, processed meat and seafood is a significant application area for food colourants in the nation.
India's synthetic food colors market size was valued at USD 26.61 million in 2022 and is expected to reach USD 70.74 million by 2030, at a CAGR of 6.3% from 2023 to 2030. The market for food colourants in India is governed by the Food Safety and Standard Authority of India. Food producers are now permitted to use these chemicals in food in a limited quantity since the regulatory body only authorises eight synthetic food colourants with a limit that does not exceed the ADI value. The market for food colourants in India is dominated by synthetic colourants, who are followed by natural colourants The natural colour business is expanding considerably more quickly because to rising customer demand.
Key Industry Players Analysis:
To increase their market position in the global synthetic food colors business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, type developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
7.7% |
Market Size |
585 million in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Form, By Solubility, By Application, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Vinayak Ingredients (India) Pvt. Ltd, Kolorjet Chemicals Pvt Ltd, Rung International, Denim Colourchem (P) Limited, Nestlé SA, ALLIANCE ORGANICS LLP, Cargill Inc, BASF SE, Arun Colour Chem Private Limited, JAMSONS INDUSTRIES, REXZA COLOR and Chemicals Pvt Ltd, and San-Ei Gen F.F.I., Inc. |
By Form |
|
By Solubility |
|
By Application |
|
Regional scope |
|
Scope of the Report
Global Synthetic Food Colors Market By Form:
Global Synthetic Food Colors Market By Solubility:
Global Synthetic Food Colors Market By Application:
Global Synthetic Food Colors Market By Region:
Global synthetic food colors market size is USD 585 million in 2022
The growth of this market is mainly driven by increase in beverages, bakeries, snacks, cereals, dairy, fruit preparations, soups, pet food, etc. is pushing the demand for synthetic food colors in the market.
Vinayak Ingredients (India) Pvt. Ltd, Kolorjet Chemicals Pvt Ltd, Rung International, Denim Colourchem (P) Limited, Nestle SA, ALLIANCE ORGANICS LLP, Cargill Inc, BASF SE, Arun Colour Chem Private Limited, JAMSONS INDUSTRIES, REXZA COLOURS and Chemicals Pvt Ltd, San-Ei Gen F.F.I, Inc and Others.
The Asia Pacific synthetic food colors market was projected to gain a global market share of 35% in 2022.