covers natural food colors and flavors market’s drivers and restraints, natural food colors and flavors market size, major players, and the impact of COVID-19 on the natural food colors and flavors market.
The natural food colors and flavors market consists of sales of natural food colors and flavors by entities (organizations, sole traders and partnerships) that manufacture nature food colors and flavors which are used in food preparations. Natural food colors and flavors are extracted from plants, animals, and other organic materials by using physical or chemical methods. Natural food colors and flavors come in many forms like liquids, powders, gels, pastes and these are used in commercial food production as well as domestic cooking.
Rising concerns regarding the health hazards posed by the consumption of synthetic colors drove the market for natural food colors and flavors.
The global natural food colors and flavors market is expected to grow from $4.36 billion in 2020 to $5.06 billion in 2021 at a compound annual growth rate (CAGR) of 16.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global natural food colors and flavors market is expected to reach $6.14 billion in 2025 at a CAGR of 4.9%.
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Some natural food colors and flavors market trends include increasing manufacturing of food colors and flavors according to the taste and preference of the local residents. The act of localization creates demand for specific natural food coloring agents based on each region. Also, manufacturing food colors and flavors according to local demand reduces the shipping cost because the cost of fuel consumption is low compare to the fuel consumption due to shipping of products from long distances. For instance, Archer Daniels Midland (ADM), a US-based multinational food processing and commodities trading corporation, has a production facility in India that produces mint flavors according to the demand of Indian customers. This facility buys raw materials from local farmers and manufactures natural mint and other flavors. The localization also increases economic growth by boosting local manufacturers, creating jobs, and increases spending.
Global natural food colors and flavors market segments include:
By Color Type: Caramel, Carotenoids, Anthocyanins, Curcumin, Annatto, Copper Chlorophyllin, Capsanthin, Others
By Flavor Type: Natural Extracts, Aroma Chemicals, Essential Oils, Others
By Form: Liquid And Gel, Dry
By Application: Beverages, Bakery, Confectionery, Dairy And Frozen, Meat Products, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe accounts for the largest global natural food colors and flavors market share.
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The Natural Food Colors And Flavors Global Market Report 2020-30: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides natural food colors and flavors market overviews, analyzes and forecasts market size, share, natural food colors and flavors market players, natural food colors and flavors market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The natural food colors and flavors identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Natural Food Colors And Flavors Global Market Report 2020-30: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Archer Daniels Midland, CHR Hansen, Kerry Group, San-Ei Gen, Symrise, International Flavors & Fragrances, Sensient Technologies Corporation, Givaudan, FMC Corporation, GNT International, Kalsec, Royal DSM, Döhler, Naturex, ROHA Dyechem, DDW The Color House, Aromata Group, BASF SE, Takasago International Corporation, DuPont, Mane, T.Hasegawa, Firmenich, Robertet, Synergy Flavors, Amar Bio-Organics India, Taiyo International, The Food Flavors, Besmoke, Gulf Flavors and Food Ingredients, and Seluz Fragrances & Flavors Company.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Natural Food Colors And Flavors Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Natural Food Colors And Flavors Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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