Food color is a pigment that transmits color after adding it into a food item. There are different forms of food colors such as liquid food colors, powder food colors, paste food colors, and gel food colors. Food colors are made from different agents. Some are synthetic while others are natural. But the trend of natural food color powder is more popular as compared to synthetic food color powder. Due to factors such as advanced technology and environment-friendly products there is high growth in the food color powder market. Manufacturers with new ideas and innovative technology are meeting the demand for food color powder. Food color powder can be used in many ways; it imparts ultra-dark coloring as compared to the other forms of food colors.
Growth of Food Color Powder Market Due to Massive Demand
The demand for food color powder in European countries is high as compared to other regions. This shows a great growth opportunity for food color powder market players in Europe. To make the most of this opportunity, players need to improve through innovation and increase their distribution channels, which can also help them reach untapped bases. As there are both, synthetic and natural food color powders, natural food color powder is more in demand in the household sector, due to people’s concerns about health-related issues. But the use of food color powder is not limited to households. Many food and beverage manufacturers are using synthetic food color powders for the production of their final goods. As such, in such industries, there is huge demand for both types of food color powders in the market. Health-conscious people are demanding natural food color powders, and many companies, through innovation and improved technology, are fulfilling this demand. With the rising concerns over food safety, a large number of regulations on food color powder are there in the market, and this causes problems for new players at the entry level to enter the market. New players need to follow the required rules and regulations to enter the market. Current market players of food color powder are doing well by following all the laid down rules and regulations.
Global Food Color Powder Market: Segmentation
On the basis of product type, the global food color powder market has been segmented as:
- Natural Food Color Powder
- Synthetic Food Color Powder
On the basis of end use, the global food color powder market has been segmented as:
On the basis of distribution channel, the global food color powder market has been segmented as:
- Store-based Retailers
- Hypermarkets/ Supermarkets
- Convenience Stores
- Specialty Stores
- Online-based Retailers
On the basis of application, the global food color powder market has been segmented as:
- Dairy Products
- Meat Products
- Bakery & Confectionary
- Savories & Snacks
Global Food Color Powder Market: Key Players
Some of the major manufacturers and suppliers operating in the global food color powder market are Amrut International, GNT Group B.V., AmeriColor Corp., Kalsec Inc., Sensient Colors LLC, Chr. Hansen Holding A/S D.D. Williamson & Co. Inc. (DDW) (U.S.), Archer Daniels Midland Company (U.S.), WILD Flavors and Specialty Ingredients, Ajantha Chemical Industries, and LorAnn Oils. Other than these market players of food color powder, there are many more that are interested in entering the market because of high growth prospects.
Opportunities for Market Participants in the Food Color Powder Market
Because of multiple applications of food color powder in different food item such as beverages, dairy products, meat products, bakery & confectionary products, savories & snacks, and many more, this market is expected to experience decent growth over the forecast period. Food and beverage manufacturers use more food color powder to make their products more attractive, which results in an increase in their business. Due to this factor, the B2B segment’s demand for food color powder is increasing. Food color powder is used in different ways in end products, such as dusting, painting, color icing, and tip decoration.
Region wise, Europe is expected to be the biggest market during the forecast period. Current market players are also playing a great role in expanding their presence through innovation and using primary natural resources, which is also helping them maintain long-term growth in the food color powder market.
In 2017, Roha acquired Delta Aromatics’ color division. Due to this acquisition, Roha’s servings became better as compared to earlier, which helped it expand the demand of the product and its product portfolio. This merger is the best example of the high growth potential of the food powder market.
The report offers a comprehensive evaluation of the food color powder market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to, regional market, product type, end use, distribution channel, and application.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size of the food color powder market
- Current trends/opportunities/challenges
- Competitive landscape in the food color powder market
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The food color powder market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players in the food color powder market
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.