Market Trends of Russia Food Colorants Industry
This section covers the major market trends shaping the Russia Food Colorants Market according to our research experts:
High Import of Food Colorants
Russia restricted the food imports from countries such as United States, Canada, Australia, and others, that applied economic sanctions against the country. Therefore, it initiated the import of food ingredients including food colorants from the neighboring countries, thus catering the market growth. Peru, Denmark, and the United Kingdom are some of the prominent exporters of natural food colorants to the Russian market. Natural colorants make up the highest part of Russian imports. Russia also imports fresh cut flowers, and food dyes from the neighboring European countries including Poland, and France to produce colorants for the application in various food and beverage products.
Beverage Application Dominates the Market
The application of food colorants is widely experienced in the beverage segment. The manufacturers are inclining towards natural colorants to be used for the production of beverage, especially in fruit juices owing to the highest concentration of health-conscious consumers in the country. Natural colorants have varied applications in functional beverages, and in order to tap into the market opportunity, the leading players such as Chr Hansen and Sensient® Colors are launching natural colors. Moreover, the market is likely to be driven by the demand for clean-label drinks, leading to the higher consumption of natural colorants thus, driving the beverage segment of the market studied.
