The global Natural Food Colors Market Size stood at US$ 2.1 Billion in 2022 and is poised to register 6.82% growth over the forecast period from 2023 to 2030. Key market driving forces including increased consumption of non-alcoholic drinks, robust global food and beverage market outlook, strong bakery and confectionary demand, increased consumer awareness towards ill-effects of synthetic colors, increased production of blended natural hues, and health consciousness among consumers are identified among main market dynamics
Natural Food Colors Market Analysis
Natural Food Colors are obtained from pigments, dyes, or any other substance that is extracted from vegetables, minerals, animals, or other natural sources. Demand in developing countries will continue its rapid growth, driven by rising incomes, rapid urbanization trends, and increasing population. However, considerable variation is observed between countries. Natural food color consumption in Latin America and Asian countries is increasing rapidly, offering significant opportunities for growth.
Steady growth in food and beverage consumption in developing markets, preference for natural and organic foods, widening applications across the food and beverages industry, and strong bakery and confectionary demand growth from developing countries are shaping the market outlook.
The global Natural Food Colors market is valued at around USD 2.1 Billion and is characterized by a large number of small- and large-scale players operating in the market. Despite strong competition from synthetic colors, the demand for Natural Food Colors continues to remain strong over the forecast period.
Market Dynamics
Market Trend- Increased consumption of Non-alcoholic beverages encourages demand for innovative natural food colors
Launch of new bottled water products, demand for premium hot drinks, the growing popularity of vegetable-derived juices, the organized retail sector, and consumer demand for innovative non-alcoholic beverages and Ready-to-consume drinks support the market growth for non-alcoholic beverages. The global non-alcoholic beverage manufacturers are increasing including natural colors to attract the millennial population and children. Typical colors of violet, red, orange, and yellow are widely used across drinks.
Market Driver- Strong bakery and confectionary demand growth from developing countries
The global confectionery and packaging market is witnessing rapid demand growth from developing economies, driven by rapid urbanization and emerging lifestyles in these markets. Further, growing middle-class incomes, the rapid surge in disposable incomes, and the increasing number of working-class women are driving the shift from traditional cooking to packaged foods and beverages.
Further, small and medium-scale domestic confectionery and bakery food providers are emerging across these countries, which fuels the demand for packaging materials. Cheap labor costs and availability of low-cost raw materials and relatively high use of plastic are the main market drivers.
However, supply chain management and inventory require additional attention in these markets as there exists a large number of informal channels manufacturing confectionery and bakery products. Further, spoilage issues, inadequate infrastructure, underdeveloped storage facilities, and limited information present challenges for expanding into these markets.
Market Segmentation
The global Natural Food Colors Market is segmented into Source, Applications, and Countries.
Caramel is the largest type of Natural Food Color with 33.5% market share
Caramel color is the most widely used food colorant across markets. The large market share of the color is driven by its vast applications in cola-flavored beverages, soya sauce, bread, cereals, bakery foods, and other foods. It is derived from natural sources such as corn syrup, sugar cane, malt syrup, and carbohydrates. Food makers often use low concentrations of caramel concentrate required in most food coloring applications
Diverse colors ranging from pale yellow to amber to dark brown are marketed for caramel color options. Leading companies like Symrise, Naturex, and others are focusing on developing multiple colors in place of traditional caramel colors.
Different caramel color types such as Plain Caramel, Sulfite Caramel, Ammonia Caramel, and Sulfite Ammonia Caramel find diverse applications across the food and beverage industry. In particular, strong demand for cola beverages and alcoholic beverages including beer supports the market demand for caramel colors. In addition, widespread use in bakery and confectionery products supports the demand for caramel.
The global food and beverages industry growth outlook remains robust throughout the forecast period
With fears of economic recession, food, and beverage companies remained under pressure during the pandemic. However, consumption at home has increased but out-of-home consumption has stalled. Essential food spending also witnessed an increase during the year. Despite the lockdown, food-based supermarkets, grocery stores, and food stalls remained open, driving business volumes.
The recovery in global GDP and household spending activity will further strengthen the demand in 2021. Organizations like the OECD are encouraging action steps along the food chain to adapt rapidly to farming or midstream or downstream segment fluctuations to ensure the needs of vulnerable groups are successfully met.
Europe remains the dominant market for Natural Food colors during the forecast period
Europe is the largest market for Natural Food Colors, predominantly driven by organic food consumption habits in Western European markets.
Germany dominates the European Natural Food Colors Market. Leading color manufacturers are marketing colors obtained from fruits, vegetables, and edible plants for bakers, caterers, confectioners, ice cream manufacturers, and other professional users. Strong and natural color effects with minimal use of materials are gaining wide popularity in soft drinks, food, bakery, and other applications.
Among beverages, hot drinks and fruit and vegetable juices offer lucrative growth opportunities. Amidst the aging population, awareness of health and nutrition products will present opportunities in the segment. Further, the growth in the popularity of vegan foods is strengthening the market for natural colors.
Germany is the largest market for food and beverages in Europe and also has a robust food processing industry. Natural color solutions for food and beverage applications that extend from coloring concentrates to natural colorings and a range of cloud emulsions are marketed in the country. Amidst intense competitive conditions, companies are also marketing options to develop individual color solutions, which are tailored to customers’ choices.
Supporting food safety standards by EU Commission about the clean label will drive industry growth. The market growth across this country is driven by the young population, ease of product accessibility, and healthy diet regimes. In addition, Germany has robust RTE foods and dairy foods demand. The adoption of new culinary trends along with innovative cultural cuisines will have a positive influence on Germany's RTE food demand.
Strong market potential in the country is encouraging companies to aggressively evaluate inorganic growth expansion options. For instance, Symrise AG is evaluating options for acquiring the natural food coloring activities of Chr. Hansen Natural Colors A/S (now known as Oterra).
Segmentation
By Source
By Application
By Region
Key Players
Leading companies profiled in the study include-
Natural Food Colors Market Outlook 2023
1 Market Overview
1.1 Introduction to Natural Food Colors Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered
2 Executive Summary
2.1 2023 Natural Food Colors Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends
4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global Natural Food Colors Market Companies with Area Served
4.2.2 Products Offerings Global Natural Food Colors Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 Post-COVID-19 Scenario- Low Growth Case
5.1.3 Post-COVID-19 Scenario- Reference Growth Case
5.1.4 Post-COVID-19 Scenario- Low Growth Case
6 Global Natural Food Colors Market Trends
6.1 Global Natural Food Colors Revenue (USD Million) and CAGR (%) by Type (2018-2028)
6.2 Global Natural Food Colors Revenue (USD Million) and CAGR (%) by Applications (2018-2028)
6.3 Global Natural Food Colors Revenue (USD Million) and CAGR (%) by Regions (2018-2028)
7 Global Natural Food Colors Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global Natural Food Colors Revenue (USD Million) by Type (2018-2022)
7.1.1 Global Natural Food Colors Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global Natural Food Colors Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global Natural Food Colors Revenue (USD Million), Market Share (%) by Applications (2018-2022)
8 Global Natural Food Colors Development Regional Status and Outlook
8.1 Global Natural Food Colors Revenue (USD Million) By Regions (2018-2022)
8.2 North America Natural Food Colors Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America Natural Food Colors Revenue (USD Million) by Country (2018-2022)
8.2.2 North America Natural Food Colors Revenue (USD Million) by Type (2018-2022)
8.2.3 North America Natural Food Colors Revenue (USD Million) by Applications (2018-2022)
8.3 Europe Natural Food Colors Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe Natural Food Colors Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe Natural Food Colors Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe Natural Food Colors Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific Natural Food Colors Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific Natural Food Colors Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific Natural Food Colors Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific Natural Food Colors Revenue (USD Million) by Applications (2018-2022)
8.5 South America Natural Food Colors Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America Natural Food Colors Revenue (USD Million), by Country (2018-2022)
8.5.2 South America Natural Food Colors Revenue (USD Million) by Type (2018-2022)
8.5.3 South America Natural Food Colors Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa Natural Food Colors Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)
8.6.1 Middle East and Africa Natural Food Colors Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa Natural Food Colors Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa Natural Food Colors Revenue (USD Million) by Applications (2018-2022)
9 Company Profiles
10 Global Natural Food Colors Market Revenue (USD Million), by Type, and Applications (2023-2028)
10.1 Global Natural Food Colors Revenue (USD Million) and Market Share (%) by Type (2023-2028)
10.1.1 Global Natural Food Colors Revenue (USD Million), and Market Share (%) by Type (2023-2028)
10.2 Global Natural Food Colors Revenue (USD Million) and Market Share (%) by Applications (2023-2028)
10.2.1 Global Natural Food Colors Revenue (USD Million), and Market Share (%) by Applications (2023-2028)
11 Global Natural Food Colors Development Regional Status and Outlook Forecast
11.1 Global Natural Food Colors Revenue (USD Million) By Regions (2023-2028)
11.2 North America Natural Food Colors Revenue (USD Million) by Type, and Applications (2023-2028)
11.2.1 North America Natural Food Colors Revenue (USD) Million by Country (2023-2028)
11.2.2 North America Natural Food Colors Revenue (USD Million), by Type (2023-2028)
11.2.3 North America Natural Food Colors Revenue (USD Million), Market Share (%) by Applications (2023-2028)
11.3 Europe Natural Food Colors Revenue (USD Million), by Type, and Applications (2023-2028)
11.3.1 Europe Natural Food Colors Revenue (USD Million), by Country (2023-2028)
11.3.2 Europe Natural Food Colors Revenue (USD Million), by Type (2023-2028)
11.3.3 Europe Natural Food Colors Revenue (USD Million), by Applications (2023-2028)
11.4 Asia Pacific Natural Food Colors Revenue (USD Million) by Type, and Applications (2023-2028)
11.4.1 Asia Pacific Natural Food Colors Revenue (USD Million), by Country (2023-2028)
11.4.2 Asia Pacific Natural Food Colors Revenue (USD Million), by Type (2023-2028)
11.4.3 Asia Pacific Natural Food Colors Revenue (USD Million), by Applications (2023-2028)
11.5 South America Natural Food Colors Revenue (USD Million), by Type, and Applications (2023-2028)
11.5.1 South America Natural Food Colors Revenue (USD Million), by Country (2023-2028)
11.5.2 South America Natural Food Colors Revenue (USD Million), by Type (2023-2028)
11.5.3 South America Natural Food Colors Revenue (USD Million), by Applications (2023-2028)
11.6 Middle East and Africa Natural Food Colors Revenue (USD Million), by Type, and Applications (2023-2028)
11.6.1 Middle East and Africa Natural Food Colors Revenue (USD Million), by Region (2023-2028)
11.6.2 Middle East and Africa Natural Food Colors Revenue (USD Million), by Type (2023-2028)
11.6.3 Middle East and Africa Natural Food Colors Revenue (USD Million), by Applications (2023-2028)
12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
List Of Tables
Table 1 Market Segmentation Analysis
Table 2 Global Natural Food Colors Market Companies with Areas Served
Table 3 Products Offerings Global Natural Food Colors Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Natural Food Colors Revenue (USD Million) And CAGR (%) By Type (2018-2028)
Table 8 Global Natural Food Colors Revenue (USD Million) And CAGR (%) By Applications (2018-2028)
Table 9 Global Natural Food Colors Revenue (USD Million) And CAGR (%) By Regions (2018-2028)
Table 10 Global Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Table 11 Global Natural Food Colors Revenue Market Share (%) By Type (2018-2022)
Table 12 Global Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Table 13 Global Natural Food Colors Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global Natural Food Colors Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global Natural Food Colors Market Share (%) By Regions (2018-2022)
Table 16 North America Natural Food Colors Revenue (USD Million) By Country (2018-2022)
Table 17 North America Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Table 18 North America Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe Natural Food Colors Revenue (USD Million) By Country (2018-2022)
Table 20 Europe Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Table 21 Europe Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific Natural Food Colors Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Table 25 South America Natural Food Colors Revenue (USD Million) By Country (2018-2022)
Table 26 South America Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Table 27 South America Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa Natural Food Colors Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Table 31 Financial Analysis
Table 32 Global Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Table 33 Global Natural Food Colors Revenue Market Share (%) By Type (2023-2028)
Table 34 Global Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Table 35 Global Natural Food Colors Revenue Market Share (%) By Applications (2023-2028)
Table 36 Global Natural Food Colors Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2028)
Table 37 North America Natural Food Colors Revenue (USD)By Country (2023-2028)
Table 38 North America Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Table 39 North America Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Table 40 Europe Natural Food Colors Revenue (USD Million) By Country (2023-2028)
Table 41 Europe Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Table 42 Europe Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Table 43 Asia Pacific Natural Food Colors Revenue (USD Million) By Country (2023-2028)
Table 44 Asia Pacific Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Table 45 Asia Pacific Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Table 46 South America Natural Food Colors Revenue (USD Million) By Country (2023-2028)
Table 47 South America Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Table 48 South America Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Table 49 Middle East and Africa Natural Food Colors Revenue (USD Million) By Region (2023-2028)
Table 50 Middle East and Africa Natural Food Colors Revenue (USD Million) By Region (2023-2028)
Table 51 Middle East and Africa Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Table 52 Middle East and Africa Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources
List Of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Figure 4 Global Natural Food Colors Revenue Market Share (%) By Type (2022)
Figure 5 Global Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global Natural Food Colors Revenue Market Share (%) By Applications (2022)
Figure 7 Global Natural Food Colors Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global Natural Food Colors Market Share (%) By Regions (2022)
Figure 9 North America Natural Food Colors Revenue (USD Million) By Country (2018-2022)
Figure 10 North America Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Figure 11 North America Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe Natural Food Colors Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific Natural Food Colors Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America Natural Food Colors Revenue (USD Million) By Country (2018-2022)
Figure 19 South America Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Figure 20 South America Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa Natural Food Colors Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa Natural Food Colors Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa Natural Food Colors Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Figure 25 Global Natural Food Colors Revenue Market Share (%) By Type (2028)
Figure 26 Global Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Figure 27 Global Natural Food Colors Revenue Market Share (%) By Applications (2028)
Figure 28 Global Natural Food Colors Market Revenue (USD Million) By Regions (2023-2028)
Figure 29 North America Natural Food Colors Revenue (USD Million) By Country (2023-2028)
Figure 30 North America Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Figure 31 North America Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Figure 32 Europe Natural Food Colors Revenue (USD Million) By Country (2023-2028)
Figure 33 Europe Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Figure 34 Europe Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Figure 35 Asia Pacific Natural Food Colors Revenue (USD Million) By Country (2023-2028)
Figure 36 Asia Pacific Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Figure 37 Asia Pacific Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Figure 38 South America Natural Food Colors Revenue (USD Million) By Country (2023-2028)
Figure 39 South America Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Figure 40 South America Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Figure 41 Middle East and Africa Natural Food Colors Revenue (USD Million) By Region (2023-2028)
Figure 42 Middle East and Africa Natural Food Colors Revenue (USD Million) By Region (2023-2028)
Figure 43 Middle East and Africa Natural Food Colors Revenue (USD Million) By Type (2023-2028)
Figure 44 Middle East and Africa Natural Food Colors Revenue (USD Million) By Applications (2023-2028)
Figure 45 Bottom-Up and Top-Down Approaches For This Report
Figure 46 Data Triangulation
The global Natural Food Colors Market Size stood at US$ 2.1 Billion in 2022.
The market is poised to register a 6.82% growth over the forecast period from 2023 to 2030.
Koninklijke DSM N.V., Kerry Group PLC, Chr. Hansen Holdings A/S, Givaudan SA, Archer-Daniels-Midland Company, Symrise AG, DuPont Nutrition and Biosciences, Sensient Technologies, DDW Inc., Kalsec Inc.
Curcumin, Beverages, and Asia Pacific are the fastest-growing segments in the market.