Germany Food Colorants Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.89 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Germany Food Colorants Market Analysis
Germany food colorants market is projected to witness a CAGR of 3.89% during the forecast period (2020 - 2025).
- The food colorants market in Germany is one of the segments of the global food additives market. Food Colors are used by the food and beverage industry to improve the color of the food which is lost while food processing.
- The Germany food colorants market is driven by easily available raw materials which include fruits & vegetables. Growing food safety concerns in Germany and the rest of Europe are pressurizing manufacturing to adopt clean labels. The major restrain the industry faces is the growing awareness of the ill effects of synthetic colors. But currently, the trend is a gradual preference toward natural colors due to increased awareness related to health safety, thereby driving the market for natural colorants in the country.
Germany Food Colorants Market Trends
This section covers the major market trends shaping the Germany Food Colorants Market according to our research experts:
A Shift Towards Natural Colorant Ingredient
The demand for sustainable food ingredients, like specialty ingredients and sustainable foods, is growing, owing to the rising income levels and changing consumer preferences, due to hectic life schedules and environmental concerns. Food color brands in the country such as Sensient Technologies Corporation are nourishing consumers with functional product offerings inspired by nature and backed by taste. Rising interest in bright colors and extracts sourced from natural superfoods like turmeric, elderberry, spirulina or chlorella in the country. Consumers are taking an ideological approach to purchase decisions by seeking value-added products that give back to society. Brands, therefore, are supporting social and environmental causes through product offerings with ethical ingredients.
Booming German Food and Beverage Sector
Germany's food and beverage industry is the fourth largest industrial sector in Germany, generating a production value of EUR 179.6 billion in 2017 (as per the data published by Germany Trade & Invest), and is expected to witness a promising outlook during the forecast period. This factor is too expected to push the colorants being applied to the food and beverage market, thus pushing the market further. Since meat and meat products, dairy products, and bakery are said to be one of the most prominent foods and beverage sectors in Germany, which is expected to be one of the major application areas of food colorants in the market, thus pushing the market forward.
Germany Food Colorants Industry Overview
Sensient Technologies Corporation, Döhler GmbH, Chr. Hansen Holding A/S and BASF SE emerged as the most active companies in the market studied with a greater number of developments recorded, primarily as product innovations, particularly in terms of launching natural food colorant ingredients. The major focus of these companies is to offer products with wider applications that can cater to the consumers' preferences efficiently
Germany Food Colorants Market Leaders
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Chr. Hansen Holding A/S
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BASF SE
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Givaudan
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Döhler GmbH
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Sensient Technologies Corporation
*Disclaimer: Major Players sorted in no particular order
Germany Food Colorants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Synthetic Color
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5.1.2 Natural Color
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5.2 By Application
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5.2.1 Beverages
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5.2.2 Dairy & Frozen Products
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5.2.3 Bakery
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5.2.4 Meat, Poultry and Seafood
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5.2.5 Confectionery
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Chr. Hansen Holding A/S
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6.3.2 BASF SE
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6.3.3 Givaudan
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6.3.4 Dohler GmbH
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6.3.5 Sensient Technologies Corporation
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6.3.6 Merck & Co., Inc.
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6.3.7 GNT Group B.V.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Germany Food Colorants Industry Segmentation
Germany food colorants such as natural color, synthetic color, and coloring foodstuff. By application, the market is segmented as beverages, dairy and frozen products, bakery, meat, poultry, and seafood, confectionery, and others.
By Type | |
Synthetic Color | |
Natural Color |
By Application | |
Beverages | |
Dairy & Frozen Products | |
Bakery | |
Meat, Poultry and Seafood | |
Confectionery | |
Others |
Germany Food Colorants Market Research FAQs
What is the current Germany Food Colorants Market size?
The Germany Food Colorants Market is projected to register a CAGR of 3.89% during the forecast period (2024-2029)
Who are the key players in Germany Food Colorants Market?
Chr. Hansen Holding A/S, BASF SE, Givaudan, Döhler GmbH and Sensient Technologies Corporation are the major companies operating in the Germany Food Colorants Market.
What years does this Germany Food Colorants Market cover?
The report covers the Germany Food Colorants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Food Colorants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Food Colorants Industry Report
Statistics for the 2024 Germany Food Colorants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Food Colorants analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.