Market outlook:

Food coloring concentrates are made from edible fruits, vegetables, and other edible plants. Food coloring concentrates are used in food and beverage products to enhance their appearance. As food coloring concentrates are colors extracted naturally through a limited physical process. Food coloring concentrates are classified as food ingredients and not as food additives. Even added principally for food coloring purposes. It is generally labeled as food ingredients under the clean labels by European Legislation. The short process which food coloring concentrates go keeps the coherence of the raw material and preserves nutritive properties. The global demand for clean labels is rising in the food and beverage industries. Thus leading key players in food and beverage industries like Nestle, Kraft’s and General Mill’s to shift from certain addictive colorants, preservatives, and flavors to natural ingredients. This has made key players like GNT, Doehler, Klasec in food coloring concentrates market to move towards a competitive market. The food coloring concentrates market is going to be a lucrative market for the manufacturer, due to an increase in the awareness in the consumer of the health benefits from natural food coloring concentrates and ban on the use of addictive during the production of food and beverages. The food and beverage companies are now supporting the move of coloring food by the European Union globally. There is an increase in the growth of the food coloring concentrates in Europe, America, Asia-Pacific and Latin Middle East & Africa. The food coloring concentrates market is still on the roadblock when it comes to cost and stability of colors.

Consumers are demanding food color as ingredients in their food and beverage:

Consumers are showing a high demand for naturalness in food. Consumers want transparency in food and beverages they eat and want to know where it has come from and ask for natural and low-processed products. Food and beverage companies already begin to transform by keeping all the manufacturing, processing, packaging and labeling activities transparent to the consumers. This leads to a rise in demand in consumers for color concentrates which are less processed than the highly processed organic colors. Consumers aren’t so much demanding natural colors, as much as they are choosing products that do not include artificial colors. Consumer Preference for food free from artificial colors has risen demand for organic food and beverages. Thus driving the growth of the food coloring concentrates market.  Also, the rising trend of health benefits from organic food and beverages has influenced the demand for natural food coloring concentrates such as beetroot, tomato, and carrot. This is rising as an alternative to other natural colors used in food and beverages. Clean labels have made consumer more aware of the natural colors in the food and beverages. Consumers are now differentiating in natural colors and concentrates. Regulatory bodies mandating E number for natural colors has increased the demand for food color concentrates in the labeling of food and beverages. Driving the growth of the food coloring concentrates market. For food coloring concentrates stability and brightness of the color for the food and beverages are the main restrains. Although companies are experimenting with various fruits and vegetables to obtain highly concentrated color. Like White color, made from rice starch and Calcium Carbonate, which provides intense white color. 

Global Food Coloring concentrates: Market Segmentation

On the basis of application, the global food coloring concentrates market has been segmented as-

  • Beverages
    • Alcoholic beverages
    • Non-alcoholic beverages
  • Food
    • Baked goods
    • Confectionery
    • Dairy products

On the basis of color, the global food coloring concentrates market has been segmented as-

  • Red
  • Yellow
  • Orange
  • Blue
  • Green
  • White

On the basis of source, the global food coloring concentrates market has been segmented as-

  • Aronia/Chokeberry
  • Blackcurrant
  • Blueberry
  • Carrots
  • Elderberry
  • Grape
  • Hibiscus
  • Pumpkin
  • Red beet
  • Safflower
  • Spirulina
  • Spinach
  • Tomato
  • Turmeric
  • Raspberry

On the basis of distribution, the global food coloring concentrates market has been segmented as-

  • B2B
  • B2C
    • Specialty Stores
    • Convenience stores
    • Online Stores
    • Hypermarket/ Supermarket

Global Food coloring concentrates Market: Key Players

  • Doehler Group
  • Inc
  • Sensient Colors LLC
  • DDW Colours Ltd
  • Naturex
  • GNT Group B.V
  • Wildflavors
  • IFC
  • Diana Foods
  • Natures Flavors.Inc 

Opportunities for Market Participants

The food coloring concentrates category is an attractive market for business. The food and beverage industry is in growth stages which surge the need for the new and innovation in the food coloring. This creates an opportunity for companies to innovate in food coloring concentrates. Food color concentrates can be used as a great branding opportunity by the food and beverage companies for promoting products containing food coloring concentrates as ingredients. Companies are limited in varieties of natural colors which can be an opportunity for the companies to introduce new food coloring concentrates by conducting different experiments from different types of fruit, vegetables or plants. Consumer’s associate E numbers on packaging for natural colors with additives in food labels. This confusion in consumers has led to the manufacturers for opting for food coloring concentrates to substitute natural colors to avoid the need for labeling mandates. This has created an opportunity for food coloring concentrates providers. The Government has banned manufacturing and trading of synthetic colors at various countries like Europe and Japan. This has increased the demand for natural color as alternatives. Driving the demand for food coloring concentrates and creates a great opportunity in Japan and Europe for the food coloring concentrates market.  

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players 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.

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Food Coloring Concentrates Market

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