North America Food Colorants Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.70 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Food Colorants Market Analysis
North America Food Colorants Market is projected to grow at a CAGR of 4.7% during the forecast period 2020-2025.
- Increasing demand and consumer preference for minimally processed foods and health-promoting properties of natural colorants are expected to drive the natural colors market, twice as fast as the synthetic market.
- North America is driving the food colorants market followed by Europe. Rising health consciousness of natural food colorants, favorable food safety standards, popularity of clean label products and huge R&D investments are favorably driving the market.
North America Food Colorants Market Trends
This section covers the major market trends shaping the North America Food Colorants Market according to our research experts:
Growing Demand for Clean Label Products
Clean-label ingredients are consumer-friendly ingredients, which are natural, organic, non-GMO, and very minimally processed. Clean label products are 100% natural, non-GMO, and organic. The demand for natural ingredients is growing, owing to the increasing health concerns of the customers, regarding the adverse health effects of artificial ingredients. Furthermore, consumers demand clean labels on products to know what exactly they consume and at what levels. Their interest in identifying the ingredients present in products has triggered the clean label products market. Consumers in the region are highly concerned about the long-term effects of synthetic colors on health, and so prefer natural colorants in their foods, this, in turn, boosting the market studied.
United States Dominates the Market Studied
The stringent norms for food colorants in the United States is primarily due to the rising incidences of foodborne illness and increasing demand for safe food products, free from obnoxious food additives. Currently, the market is dominated by synthetic food colorants but the shifting trend of consumers towards natural food colorants is estimated to drive the latter at the highest possible growth rate. Moreover, Canada is expected to follow the U.S. in terms of opting for those colorants that are officially listed and validated for their safety of use in the food products. Additionally, FDA regulations also require certified and exempt colors to be declared as 'artificial color' or 'artificial coloring' on the food labels. Color manufacturers must prove to FDA that all coloring used in the U.S. is safe. FDA publishes a 'positive list' of safe colors, which includes every compound that can be used.
North America Food Colorants Industry Overview
The North America Food Colorants report profiles companies like Chr Hansen holdings, DSM, Sensient technologies, D.D. Williamson & Co. among others. To gain market share, these companies are adapting numerous market strategies like innovative product development, partnerships, mergers & acquisitions, and expansion of existing facilities.
North America Food Colorants Market Leaders
-
Sensient technologies Corporation
-
Chr Hansen holdings
-
BASF SE
-
DSM
-
Naturex SA
*Disclaimer: Major Players sorted in no particular order
North America Food Colorants Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Drivers
-
4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
-
4.3.1 Threat of New Entrants
-
4.3.2 Bargaining Power of Buyers/Consumers
-
4.3.3 Bargaining Power of Suppliers
-
4.3.4 Threat of Substitute Products
-
4.3.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 By Product Type
-
5.1.1 Natural Color
-
5.1.2 Synthetic Color
-
-
5.2 By Application
-
5.2.1 Beverages
-
5.2.2 Dairy & Frozen Products
-
5.2.3 Bakery
-
5.2.4 Meat, Poultry and Seafood
-
5.2.5 Confectionery
-
5.2.6 Oils & Fats
-
5.2.7 Others
-
-
5.3 By Geography
-
5.3.1 United States
-
5.3.2 Canada
-
5.3.3 Mexico
-
5.3.4 Rest of North America
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Most Active Companies
-
6.2 Most Adopted Strategies
-
6.3 Market Share Analysis
-
6.4 Company Profiles
-
6.4.1 Chr Hansen holdings
-
6.4.2 D.D. Williamson & Co.
-
6.4.3 DSM
-
6.4.4 Sensient technologies Corporation
-
6.4.5 Dohler group.
-
6.4.6 Naturex SA
-
6.4.7 Fiorio Colori S.P.A.
-
6.4.8 BASF SE
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Food Colorants Industry Segmentation
North Americ Food Colorant such as natural color, synthetic color and coloring foodstuff. The health-enhancing properties of natural colors, combined with the organic properties in the natural products, is increasing the demand of natural colors. By application, the market is segmmented as beverages, dairy & frozen products, bakery, meat, poultry, and seafood, confectionery, oils & fats and others. Based on geography, the report provide a regional analysis, which includes United States, Canada, Mexico, Rest of North America.
By Product Type | |
Natural Color | |
Synthetic Color |
By Application | |
Beverages | |
Dairy & Frozen Products | |
Bakery | |
Meat, Poultry and Seafood | |
Confectionery | |
Oils & Fats | |
Others |
By Geography | |
United States | |
Canada | |
Mexico | |
Rest of North America |
North America Food Colorants Market Research FAQs
What is the current North America Food Colorants Market size?
The North America Food Colorants Market is projected to register a CAGR of 4.70% during the forecast period (2024-2029)
Who are the key players in North America Food Colorants Market?
Sensient technologies Corporation, Chr Hansen holdings, BASF SE, DSM and Naturex SA are the major companies operating in the North America Food Colorants Market.
What years does this North America Food Colorants Market cover?
The report covers the North America Food Colorants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Food Colorants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Food Colorants Industry Report
Statistics for the 2024 North America Food Colorants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Food Colorants analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.