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Confectionery product demand is likely to promote innovation in food colourant manufacturing, propelling the market during the forecast period.

The global food colorants market is expected to grow from $3.93 billion in 2022 to $4.27 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The global food colorants market size is expected to reach $5.72 billion in 2027 at a CAGR of 7.5%.

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Global Food Colorants Market Segments Include:

• By Type: Natural, Synthetic
• By Source: Plant Derived Pigments, Mineral
• By Solubility: Dye, Lake
• By Form: Powder, Liquid
• By Application: Beverages, Dairy And Frozen products, Bakery, Meat, Poultry, and Seafood, Confectionery, Sauces and Condiments, Other Applications
• 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 is the largest region in the global food colorants market in 2021.

Major Market Players in the food colorants market include Sun Food Tech Pvt. Ltd., Dow DuPont, Koninklijke DSM N.V., Florio Colori S.P.A., Chr. Hansen A/S, Cargill Incorporated., GNT Group, FMC Corporation, BASF SE, Riken Vitamin Co. Ltd.

Product innovations are a prominent trend in the food colourants market. To maintain their market position, major players in the food colourants industry are embracing innovative technology. For example, in July 2022, GNT Europa GmbH, a food colour company based in Germany, introduced two new EXBERRY Colouring Foods with fresh yellow and green colours made from organic safflower. EXBERRY Organics’Veg Green’ contains organic safflower and organic spirulina, whilst EXBERRY Organics’Fruit & Veg Yellow’ has organic safflower and organic apple. Both comply with the Organic Regulation (EU) 2018/848. These are completely vegan, halal, and kosher, and are manufactured from edible fruits, vegetables, and plants using traditional physical processing procedures.

The Food Colorants Global Market Report 2023  provides a food colorants market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The food colorants market forecast analyzes food colorants market size, food colorants market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Food colourants, often known as food dyes or food additives, are chemical or natural additives that are applied to food during processing or preparation in order to improve or change the colour. Food colourants are used to enhance or retain the sensory aspects of food products that may be compromised or lost during preparation or storage.

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