The global ingredients in food coloring market is expected to have a 5.7% CAGR, growing to $ 3,568.6 million in 2028 from $ 2,710.1 million in 2023. By volume, the market was 294.5 thousand tons in 2023 and will reach 342.1 thousand tons by 2028, primarily through conversion from synthetics to natural colors globally. The food coloring market is witnessing several drivers that are contributing to its growth and evolution. One significant driver is the rising consumer awareness regarding the impact of synthetic colors on health and the environment. Consumers are becoming increasingly conscious of the potential risks associated with artificial ingredients, including synthetic colors, and are thus showing a growing aversion towards them. As a result, there is a surging demand for natural colors derived from plant and mineral sources.
Furthermore, the Natural Color Ingredients segment is anticipated to exhibit the highest CAGR of 6.9% during the forecast period from 2023 to 2028. This trend is expected to continue during the forecast period, with natural colors projected to exhibit strong growth. However, the growth of natural colors will primarily occur in emerging markets rather than developed markets. In developed markets, such as North America (NA) and Europe, there is a declining demand for synthetic colors. Consumers in these regions are increasingly seeking clean-label products and are becoming more aware of the potential health risks associated with synthetic additives. As a result, there is a higher conversion to natural colors in these markets, leading to a decrease in demand for synthetic alternatives.
The Beverages segment generated USD 878.6 million in revenue in 2022. It is projected to reach USD 1,225.6 million by 2028, representing a CAGR of 5.9% over the forecast period of 2023 to 2028. The food coloring market caters to various end users, and the beverages segment holds the largest share in the market. Within the beverages segment, non-alcoholic beverages, particularly soft drinks, drive a significant portion of the demand for food colors. However, there is a notable shift towards the use of natural colors in this segment. Consumers are increasingly seeking clean-label and natural alternatives, including vibrant and visually appealing colors in their beverages.
In terms of geography, Europe has emerged as the dominant player in the ingredients in food coloring market studied in 2022. Following closely behind are North America and Asia-Pacific. According to the Tanalyze, European ingredients in food coloring industry, in terms of revenue, increased from USD 747.6 million in 2020 to USD 867.1 million in 2023 at a CAGR of 5.1% and is expected to reach USD 1,059.6 million in 2028 at a CAGR of 4.1% from 2023 to 2028. Europe, being the most mature market in terms of the adoption of natural colors, is currently focused on sourcing ingredients that meet the requirements of clean-label products. Clean-label products, which emphasize transparency and the use of recognizable ingredients, have gained significant traction among European consumers who are increasingly conscious of their food choices.
The global ingredients in food coloring market is dominated by tier 1 players, including Sensient Technologies Corporation, Oterra A/S, Koninklijke DSM N.V., Givaudan SA, International Flavors & Fragrances, Inc., Dohler Group, and Symrise AG. These companies play a significant role in shaping the competitive landscape of the market.
Additionally, there are other prominent vendors that contribute to the competitive dynamics of the market. These vendors include Archer-Daniels-Midland Company, GNT Group B.V., AromataGroup SRL, 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, and several others.
This study aims to analyze the global market for various segments of ingredients in food coloring, including:
Product Type: Synthetic Color Ingredients and Natural Color Ingredients (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 4
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. Ingredients in Food Coloring Market Overview 12
Summary 12
Introduction 16
Natural Food Color Ingredient Types 19
Part 4. Market Dynamics 27
Growth Drivers and Future Trends 27
Restraints and Challenges 29
Opportunities 31
Part 5. Global Ingredients in Food Coloring Market by Product Type 37
Part 6. Global Ingredients in Food Coloring Market by End-User 43
Part 7. Global Ingredients in Food Coloring Market by Region 49
North America 54
Europe 61
Asia-Pacific 68
Rest of World 75
Part 8. Global Synthetic Ingredients in Food Coloring Market 81
Synthetic Ingredients in Food Coloring Market by End User 84
Synthetic Ingredients in Food Coloring Market by Region 89
Part 9. Global Natural Ingredients in Food Coloring Market 96
Natural Ingredients in Food Coloring Market by Product Type 98
Natural Ingredients in Food Coloring Market by End User 110
Natural Ingredients in Food Coloring Market by Region 118
Part 10. Competitive Analysis 125
Competition Overview 125
Recent Developments 130
Sensient Technologies Corporation 132
Business Overview 132
Contact Information 134
Symrise AG 135
Business Overview 135
Contact Information 137
Koninklijke DSM N.V. 138
Business Overview 138
Contact Information 141
Givaudan S.A. 142
Business Overview 142
Contact Information 144
Oterra A/S 145
Business Overview 145
Contact Information 145
International Flavors & Fragrances, Inc. 146
Business Overview 146
Contact Information 148
Dohler Group 149
Business Overview 149
Contact Information 149
Archer-Daniels-Midland Company 150
Business Overview 150
Contact Information 152
GNT Group B.V. 153
Business Overview 153
Contact Information 153
AromataGroup SRL 154
Business Overview 154
Contact Information 154
ROHA Group 155
Business Overview 155
Contact Information 155
ChenGuang Biotech Group Co., Ltd. 156
Business Overview 156
Contact Information 158
San-Ei Gen F.F.I., Inc. 159
Business Overview 159
Contact Information 159
Sinochem Group Co., Ltd. 160
Business Overview 160
Contact Information 160
Others 161
Disclaimer 162
FIGURES AND TABLES
Global Ingredients in Food Coloring Market, Net Growth, 2020-2028 (USD Million)
Global Ingredients in Food Coloring Market, Net Growth, 2020-2028 (Thousand Tons)
Global Ingredients in Food Coloring Market by Product Type, 2020-2028 (USD Million)
Global Ingredients in Food Coloring Market (Value) by Product Type, CAGR Historic and Forecast, 2020-2028
Global Ingredients in Food Coloring Market by Product Type, 2020-2028 (Thousand Tons)
Global Ingredients in Food Coloring Market (Volume) by Product Type, CAGR Historic and Forecast, 2020-2028
Global Ingredients in Food Coloring Market by End-User, 2020-2028 (USD Million)
Global Ingredients in Food Coloring Market (Value) by End-User, CAGR Historic and Forecast, 2020-2028
Global Ingredients in Food Coloring Market by End-User, 2020-2028 (Thousand Tons)
Global Ingredients in Food Coloring Market (Volume) by End-User, CAGR Historic and Forecast, 2020-2028
Global Ingredients in Food Coloring Market (Value) Share by Region, 2022
Global Ingredients in Food Coloring Market by Region, 2020-2028 (USD Million)
Global Ingredients in Food Coloring Market (Value) by Region, CAGR Historic and Forecast, 2020-2028
Global Ingredients in Food Coloring Market by Region, 2020-2028 (Thousand Tons)
Global Ingredients in Food Coloring Market (Volume) by Region, CAGR Historic and Forecast, 2020-2028
North America Ingredients in Food Coloring Market, Net Growth, 2020-2028 (USD Million)
North America Ingredients in Food Coloring Market by Product Type, 2020-2028 (USD Million)
North America Ingredients in Food Coloring Market (Value) by Product Type, CAGR Historic and Forecast, 2020-2028
North America Ingredients in Food Coloring Market, Net Growth, 2020-2028 (Thousand Tons)
North America Ingredients in Food Coloring Market by Product Type, 2020-2028 (Thousand Tons)
North America Ingredients in Food Coloring Market (Volume) by Product Type, CAGR Historic and Forecast, 2020-2028
Europe Ingredients in Food Coloring Market, Net Growth, 2020-2028 (USD Million)
Europe Ingredients in Food Coloring Market by Product Type, 2020-2028 (USD Million)
Europe Ingredients in Food Coloring Market (Value) by Product Type, CAGR Historic and Forecast, 2020-2028
Europe Ingredients in Food Coloring Market, Net Growth, 2020-2028 (Thousand Tons)
Europe Ingredients in Food Coloring Market by Product Type, 2020-2028 (Thousand Tons)
Europe Ingredients in Food Coloring Market (Volume) by Product Type, CAGR Historic and Forecast, 2020-2028
Asia-Pacific Ingredients in Food Coloring Market, Net Growth, 2020-2028 (USD Million)
Asia-Pacific Ingredients in Food Coloring Market by Product Type, 2020-2028 (USD Million)
Asia-Pacific Ingredients in Food Coloring Market (Value) by Product Type, CAGR Historic and Forecast, 2020-2028
Asia-Pacific Ingredients in Food Coloring Market, Net Growth, 2020-2028 (Thousand Tons)
Asia-Pacific Ingredients in Food Coloring Market by Product Type, 2020-2028 (Thousand Tons)
Asia-Pacific Ingredients in Food Coloring Market (Volume) by Product Type, CAGR Historic and Forecast, 2020-2028
Rest of World Ingredients in Food Coloring Market, Net Growth, 2020-2028 (USD Million)
Rest of World Ingredients in Food Coloring Market by Product Type, 2020-2028 (USD Million)
Rest of World Ingredients in Food Coloring Market (Value) by Product Type, CAGR Historic and Forecast, 2020-2028
Rest of World Ingredients in Food Coloring Market, Net Growth, 2020-2028 (Thousand Tons)
Rest of World Ingredients in Food Coloring Market by Product Type, 2020-2028 (Thousand Tons)
Rest of World Ingredients in Food Coloring Market (Volume) by Product Type, CAGR Historic and Forecast, 2020-2028
Global Synthetic Ingredients in Food Coloring Market, Net Growth, 2020-2028 (USD Million)
Global Synthetic Ingredients in Food Coloring Market, Net Growth, 2020-2028 (Thousand Tons)
Global Synthetic Ingredients in Food Coloring Market by End-User, 2020-2028 (USD Million)
Global Synthetic Ingredients in Food Coloring Market (Value) by End-User, CAGR Historic and Forecast, 2020-2028
Global Synthetic Ingredients in Food Coloring Market by End-User, 2020-2028 (Thousand Tons)
Global Synthetic Ingredients in Food Coloring Market (Volume) by End-User, CAGR Historic and Forecast, 2020-2028
Global Synthetic Ingredients in Food Coloring Market by Region, 2020-2028 (USD Million)
Global Synthetic Ingredients in Food Coloring Market (Value) by Region, CAGR Historic and Forecast, 2020-2028
Global Synthetic Ingredients in Food Coloring Market by Region, 2020-2028 (Thousand Tons)
Global Synthetic Ingredients in Food Coloring Market (Volume) by Region, CAGR Historic and Forecast, 2020-2028
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 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