Global Food Colors Market Report 2021: Growth and Change Linked to COVID-19

The major players in the food coloring market are Chr Hansen Holding A / S, DDW The Color House, Kalsec Inc., Döhler, International Flavors & Fragrances Inc., Koninklijke DSM NV, Sensient Technologies, Archer Daniels Midland Company, LycoRed Ltd.

New York, December 03, 2021 (GLOBE NEWSWIRE) – announces the publication of the report “Global Food Colorants Market Report 2021: COVID-19 Growth And Change” – /? utm_source = GNW
, AromataGroup SRL, Givaudan, Naturex, Mane Kancor, FMC Corporation, BASF SE, Frutarom Industries Ltd., GNT Group BV and San-Ei Gen.

The global food coloring market is expected to grow from $ 2.63 billion in 2020 to $ 2.86 billion in 2021 at a compound annual growth rate (CAGR) of 8.7%. The growth is mainly due to companies resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 3.95 billion in 2025 at a CAGR of 8.4%.

The food colors market includes the sales of food colors by entities (organizations, independent traders, and partnerships) that are a colorant, pigment, or substance that imparts color when added to a food or drink. Food coloring (coloring) is frequently used in processed products. food, drink and condiments.

They are used to preserve or enhance the appearance of food.

The main types of food dyes are natural dyes, synthetic dyes, and nature-identical dyes. Natural dyes are derived from vegetables, fruits, plants, minerals and other natural sources by physical or chemical extraction.

The different forms include liquid, powder, gel and are used in dairy products, meat products, beverages, bakery and confectionery, processed foods and vegetables, oils and fats, etc.

North America was the largest region of Food Colorants market in 2020. Regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, America North, South America, the Middle East and Africa.

Growing investments in technological advancements are shaping the food coloring market. Large companies operating in the food coloring industry are focusing on investing in food coloring technology to meet consumer demand.

For example, in September 2020, Phytolon, an Israel-based company that offers natural food colors, invested $ 4.1 million in natural food color technology. The investments will be used to increase the company’s range of plant food dyes, which are generated from betalains.

In July 2019, DDW, a US food coloring company, acquired the DuPont Natural Colors business from DuPont Nutrition & Biosciences for an undisclosed amount. With this acquisition, DDW’s global reach will be extended and its technical and manufacturing capabilities in many key natural products. colors will be provided.

The DDW brand, The Color House, will be used to manage the expanded business. DuPont Nutrition & Biosciences is a Denmark-based company that offers natural food colors.

The growing demand from the food industry is expected to drive the growth of the food coloring market in the coming years. The agri-food sector encompasses all companies engaged in the production, packaging and distribution of food raw materials.

This includes both fresh and processed foods, as well as alcoholic and non-alcoholic drinks. Food colors are added to foods and drinks to preserve their original color and texture, which can be lost during cooking and preparation due to a variety of chemicals and physicals. process.

For example, according to Farm Credit Canada’s Food and Beverage Report, food and beverage sales increased from $ 118.7 billion in 2019 to $ 122.9 billion in 2020, a rate of growth 3.5% year over year. Hence, the growing demand from the food industry is greatly boosting the growth of the Food Colorants market.

The countries covered in the Food Colors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom United and the United States.
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