The global natural ingredients in food coloring market in terms of revenue grew at a CAGR of 6.2% from USD 1,559.0 million in 2020 to USD 1,865.9 million in 2023. This trend is expected to continue in the coming years with the global ingredients in food coloring market expected to grow at a CAGR of 6.9% from 2023 to 2028, reaching USD 2,605.7 million in 2028. Global demand for natural red pigments is driving the growth of the food coloring market. Anthocyanins, beetroot red, and certain carotenoids are leading the way in naturally-derived red pigments. However, the market for carmine is expected to have slow growth.
The global market size of the curcumin segment has grown rapidly, increasing from USD 86.2 million in 2020 to USD 110.2 million in 2023, representing a CAGR of 8.5%. In terms of penetration of the global overall natural ingredients in food coloring industry, curcumin segment increased from 5.5% in 2020 to 5.9% in 2023. Looking ahead, the growth of curcumin segment is expected to maintain its rapid growth. From 2023 to 2028, the size of the anthocyans segment is expected to grow at a CAGR of 7.7% to reach USD 593.7 million, at which time the penetration of anthocyans segment is expected to reach 22.8%.
The natural ingredients in food coloring market can be categorized into 7 end users, namely bakery, beverages, confectionery, dairy products, meat, meat alternative, and other products. The segment pertaining to beverages has witnessed a substantial revenue of USD 519.6 million in 2022. Furthermore, meat alternative is anticipated to attain a remarkable growth rate of 11.2% over the forecast period from 2023 to 2028, ultimately reaching a revenue of USD 72.8 million by 2028. The meat alternative market is experiencing significant growth opportunities for natural food color ingredients. Plant-based meat alternatives are fueling product innovation and offering healthier options, which in turn impact the demand for natural colors in the savory and snack industry. The category is witnessing strong double-digit growth and has become more mainstream as a large portion of meat eaters globally are looking to reduce their meat consumption.
In terms of geography, Europe has emerged as the dominant player in the natural ingredients in food coloring market studied in 2022. Following closely behind are North America and Asia-Pacific. The Asia Pacific natural colors market in the food coloring industry is currently in the growth stage and is expected to experience strong growth throughout the forecast period. This growth can be attributed to several factors, including the increasing consumer awareness regarding the health impact of synthetic dyes and the heightened regulatory stringency towards labeling requirements.
The prominent players operating in the global natural ingredients in food coloring market include Sensient Technologies Corporation, Oterra A/S, Koninklijke DSM N.V., Givaudan SA, International Flavors & Fragrances, Inc., Dohler Group, Archer-Daniels-Midland Company, GNT Group B.V., AromataGroup SRL, Symrise AG (Diana Food), ROHA Group, ChenGuang Biotech Group Co., Ltd., San-Ei Gen F.F.I., Inc., Sinochem Group Co., Ltd., Qingdao Scitech Biotech Co., Ltd., Yuan Longping High-Tech Agriculture Co., Ltd., Extractos Vegetales SA, Kancor Ingredients Limited, Synthite Industries Private Ltd., Plant Lipids Private Limited, among others.
This study aims to analyze the global market for various segments of natural ingredients in food coloring, including:
Product Type: Anthocyans, Betanin, Caramel, Carotenoid, Cochineal, Curcumin, Paprika, and Other Natural Color Ingredients.
End-User: Bakery, Beverages, Confectionery, Dairy Products, Meat, Meat Alternative, and Other Products.
Region: North America, Europe, Asia-Pacific, Rest of World (Latin America, Middle East, and Africa).
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 5
Part 1. Key Findings 7
Part 2. Scope and Methodology 8
Report Scope 9
Product Type 9
End-User 9
Region 9
Research Methodology 10
Part 3. Natural Ingredients in Food Coloring Market Overview 12
Summary 12
Introduction 14
Natural Food Color Ingredient Types 17
Part 4. Market Dynamics 25
Growth Drivers and Future Trends 25
Restraints and Challenges 27
Opportunities 29
Part 5. Global Natural Ingredients in Food Coloring Market by Product Type 35
Anthocyans 35
Betanin 37
Caramel 38
Carotenoid 40
Cochineal 41
Curcumin 42
Paprika 44
Other Natural Color Ingredients 45
Part 6. Global Natural Ingredients in Food Coloring Market by End User 47
Bakery 47
Beverages 49
Dairy Products 51
Meat Alternative 53
Part 7. Global Natural Ingredients in Food Coloring Market by Region 55
North America 56
Europe 58
Asia Pacific 60
Rest of World 61
Part 8. Competitive Analysis 63
Competition Overview 63
Recent Developments 67
Sensient Technologies Corporation 69
Business Overview 69
Contact Information 71
Symrise AG 72
Business Overview 72
Contact Information 74
Koninklijke DSM N.V. 75
Business Overview 75
Contact Information 78
Givaudan S.A. 79
Business Overview 79
Contact Information 81
Oterra A/S 82
Business Overview 82
Contact Information 82
International Flavors & Fragrances, Inc. 83
Business Overview 83
Contact Information 85
Dohler Group 86
Business Overview 86
Contact Information 86
Archer-Daniels-Midland Company 87
Business Overview 87
Contact Information 89
GNT Group B.V. 90
Business Overview 90
Contact Information 90
AromataGroup SRL 91
Business Overview 91
Contact Information 91
ROHA Group 92
Business Overview 92
Contact Information 92
ChenGuang Biotech Group Co., Ltd. 93
Business Overview 93
Contact Information 95
San-Ei Gen F.F.I., Inc. 96
Business Overview 96
Contact Information 96
Sinochem Group Co., Ltd. 97
Business Overview 97
Contact Information 97
Others 98
Disclaimer 99
FIGURES AND TABLES
Global Natural Ingredients in Food Coloring Market, Net Growth, 2020-2028 (USD Million)
Global Natural Ingredients in Food Coloring Market, Net Growth, 2020-2028 (Thousand Tons)
Global Natural Ingredients in Food Coloring Market by Product Type, 2020-2028 (USD Million)
Global Natural Ingredients in Food Coloring Market (Value) by Product Type, CAGR Historic and Forecast, 2020-2028
Global Natural Ingredients in Food Coloring Market by Product Type, 2020-2028 (Thousand Tons)
Global Natural Ingredients in Food Coloring Market (Volume) by Product Type, CAGR Historic and Forecast, 2020-2028
Global Natural Ingredients in Food Coloring Market by End-User, 2020-2028 (USD Million)
Global Natural Ingredients in Food Coloring Market (Value) by End-User, CAGR Historic and Forecast, 2020-2028
Global Natural Ingredients in Food Coloring Market by End-User, 2020-2028 (Thousand Tons)
Global Natural Ingredients in Food Coloring Market (Volume) by End-User, CAGR Historic and Forecast, 2020-2028
Global Natural Ingredients in Food Coloring Market (Value) Share by Region, 2022
Global Natural Ingredients in Food Coloring Market by Region, 2020-2028 (USD Million)
Global Natural Ingredients in Food Coloring Market (Value) by Region, CAGR Historic and Forecast, 2020-2028
Global Natural Ingredients in Food Coloring Market by Region, 2020-2028 (Thousand Tons)
Global Natural Ingredients in Food Coloring Market (Volume) by Region, CAGR Historic and Forecast, 2020-2028
Ingredients in Food Coloring Market Tier I, Tier II, and Tier III Players, 2022
Ingredients in Food Coloring Market Share, by Top Players, 2022
Sensient Technologies Corporation Financial Overview (USD Million)
Sensient Technologies Corporation Revenue, by Segment, 2022
Sensient Technologies Corporation Revenue, by Type, 2022
Sensient Technologies Corporation Revenue, by Region, 2022
Symrise AG Financial Overview (EUR Million)
Symrise AG Revenue, by Segment, 2022
Symrise AG Revenue, by Region, 2022
Koninklijke DSM N.V. Financial Overview (EUR Million)
Koninklijke DSM N.V. Revenue, by Segment, 2022
Koninklijke DSM N.V. Revenue, by Type, 2022
Koninklijke DSM N.V. Revenue, by Region, 2022
Givaudan S.A. Financial Overview (CHF Million)
Givaudan S.A. Revenue, by Segment, 2022
Givaudan S.A. Revenue, by Region, 2022
International Flavors & Fragrances, Inc. Financial Overview (USD Million)
International Flavors & Fragrances, Inc. Revenue, by Segment, 2022
International Flavors & Fragrances, Inc. Revenue, by Region, 2022
Archer-Daniels-Midland Company Financial Overview (USD Million)
Archer-Daniels-Midland Company Revenue, by Segment, 2022
Archer-Daniels-Midland Company Revenue, by Region, 2022
ChenGuang Biotech Group Co., Ltd. Financial Overview (CNY Million)
ChenGuang Biotech Group Co., Ltd. Revenue, by Segment, 2022
ChenGuang Biotech Group Co., Ltd. Revenue, by Distribution Channel, 2022