Market Trends of Africa Food Colorants Industry
Growing Consumption of Beverages
The consumption of beverage has increased tremendously over the years as they now cater to every set of consumers that need health-related products, such as functional foods, enhanced drinks, juices to CSDs (which are for considered to be an indulgence). The growth of the beverage industry directly compliments the growth of the food colorants market since colorant is one of the most important ingredients in most beverages. , which in turn boosting the food colorant market in the region.
South Africa holds the Largest Market Share in the Market Studied
Demand for clean label foods, easy availability of raw materials for manufacturing food colorants, and the existence of a central body for standardization of products is driving the South African food colorants market. Restraints like, unavailability of natural replacements for synthetic colors, high cost of operation, etc., are heavily influencing the market. Demand for naturally sourced products far supersedes such barriers, and this is expected to boost the South African market for food colorants.
