Brooklyn, New York, USA, 2021-May-21—/Meridian Market Consultants/— An overview of conceptual frameworks, analytical approaches of the natural food colors market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The natural food colors market is expected to grow at a significant rate in the near future.
The global natural food colors market is estimated to reach at a value of US$ 2.2 Bn by the end of 2020 and expected to reach at a value of US$ 4.4 Bn by 2028 with a significant CAGR of 8.8%
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Natural Food Colors Market Definition
Natural Food Colors refers to another domain of biology that copes with the analysis of plants, comprising their composition, attributes, and biochemical procedures. It further involves plant categorization and the scrutiny of plant illness and of synergies with the environment. Similarly, Natural Food Colors can be comprehended as the plant-based products that are used for its remedial or medicinal properties, scent, and/or flavor. The plant-based extracts are basically derived from the plants, precisely from its barks, roots, leaves, stems, flowers and fruits. As a matter of fact, these Natural Food Colors are serving great utility in the pharmaceutical as well as cosmetic industry in recent times, owing to their therapeutic properties.
Natural Food Colors Market Dynamics
The expeditiously growing demand of Natural Food Colors in the cosmetics as well as pharmaceutical industries all across the world is one of the major factors that is projected to boost the growth of the global Natural Food Colors market in the years to come. By the same token, the beneficial attributes of the Natural Food Colors including medicinal properties and therapeutic oils, scents, or flavors which are proven to be safe and effective for the well-being of humans, further propels its demand across the global markets. Owing to which, the global Natural Food Colors market is expected to rise substantially over the forecast period. In addition to that, the dramatic shift of population, worldwide, towards natural products as more and more consumers are getting aware of the benefits of plant-based products and resultantly, pursuing effective and safe adulterants as cosmetics or medicinal products for their comfort and wellness, is also acting as a positive factor for the growth of the global Natural Food Colors market over the forecast period.
Natural Food Colors Market Segmentation
The global natural food colors market is segmented on the basis of type, source, form, solubility, application and region. On the basis of type, the market is segmented into Carmine, Anthocyanins, Caramel, Annatto, Carotenoids, Chlorophyll, Spirulina, Turmeric, Beet, Others. The Carotenoids are further bifurcated into Beta-Carotene, Lutein, Lycopene, Canthaxanthin, Astaxanthin. Based on source, the market is divided into Plant, Mineral, Microorganism, and Animals. On the basis of the form, the market is segmented into liquid, powder, gel, emulsion, and manufacturer analysis. Further, on the basis of solubility, the market is segmented into water, dye and oil.
On the basis of application, the market is bifurcated into processed food products and beverages. The processed food products are further divided into Bakery, Snacks, and Cereal, Dairy, Confectionery, Meat, Poultry, and Seafood, Oil and Fats, Others. The beverages segment is divided into non-alcoholic beverages and alcoholic beverages. The non-alcoholic beverages are further divided into Carbonated Soft Drinks, Functional Drinks, Juice and Juice Concentrates, and Others.
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By Type:
Carmine
Anthocyanins
Caramel
Annatto
Carotenoids
Beta-Carotene
Lutein
Lycopene
Canthaxanthin
Astaxanthin
Chlorophyll
Spirulina
Turmeric
Beet
Others
By Form:
Liquid
Powder
Gel
Emulsion
Manufacturer Analysis
By Solubility:
Water
Dye
Oil
By Application:
Processed food products
Bakery, Snacks, and Cereal
Dairy
Confectionery
Meat, Poultry, and Seafood
Oil and Fats
Others
Beverages
Non-Alcoholic beverages
Carbonated Soft Drinks
Functional Drinks
Juice and Juice Concentrates
Others
Alcoholic beverages
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