Global Food Colors are expected to make a significant contribution to the overall industry, with an estimated market to reach USD5.04 Billion by 2026.

According to a lead Analyst "In May 2018, one of the key player in the market, Sensient Technologies Corporation has launched three new food colors such as organic black carrot, organic annatto, and organic beet. With this, it stretched its organic food color portfolio.". Buoyed by strong demand and sales, industry profit margins have increased considerably during past few years.

According to the report, some of the important driving forces behind the market growth are “Increasing awareness regarding the benefits of natural food colors, High demand for clean label foods and Increasing Requirements to Enhance Product Appeal”. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Vendors, additional restraints impacting market are “Ban on artificial color usage in European region and Increasing harmful effects of artificial food colors” which is continuously seeking attention of Industry Experts and Decision makers.

The Food Colors Ecosystem: 2020-2026 Opportunities, Challenges, Strategies, Industry Verticals & Forecasts report presents an in-depth assessment of the Food Colors market including latest technologies & innovation, key trends, market drivers, challenges, vertical & market applications along with deployment case studies, regulatory landscape, future roadmap and strategies, value chain and player profiles. The report also presents market size forecasts from 2020 till 2026. The forecasts are segmented by Type (Synthetic Food Colors(Blue, Red, Yellow, Green, Amaranth, Carmoisine, and Others), Natural Food Colors (Carmine, Anthocyanins, Caramel, Annatto, Carotenoids, Chlorophyll, Spirulina, and Others) and Nature-Identical Food Colors), by Application (Beverages, Processed Food, Bakery & Confectionery Products, Oils & Fats, Dairy Products, Meat, Poultry, Seafood and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, New Zealand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Data Sources & Methodology

The primary sources involves the industry experts from the Food Colors Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.