Global Artificial Food Dyes Market Overview:
Food manufacturer often select artificial food dyes over natural food colorings, such as beta carotene and beet extract, because they give a more vibrant color. Food coloring and food dyes are chemical substances used to alter or improve the look of a food product. The three most commonly used dyes, Red 40, Yellow 5, and Yellow 6, are contaminated with known chemicals. The food dyes are made from petroleum to enhance the appearance and helping some foods look more enticing, food colors can also help consumers identify what flavor a food product might be. Hundreds of artificial food dyes have been developed, but a majority of them have since been found to be toxic. According to secondary it has been found that ~ 15 million pounds of food dye used in the U.S. per year which is in much more than just colorful icing these days. In the past 100 years, the amount of food coloring used in food has increased drastically. The manufacturers’ rising importance on making food look more appealing, last longer and attract as many consumers as possible.
Growth Drivers
- Increasing Demand Food Color Boost the Food Color Market
- Rapid Demand of Fruit Juices, Flavored Drinks and Nutritional Drinks Fuelled up the Market
Market Trends
- Increasing demands in Europe countries
- Value Oriented Consumers
Roadblocks
- Synthetic Food Dyes Have Been Shown to Cause an Increasing Hyperactivity in Children
Opportunities
- Proliferation Drinks with Taste of Cherries or Apple Leads to Grow the Food Color Market
- Upsurge Demand of Food Colors Due to Bioactive Properties for Therapeutic Agents
Challenges
- Limitation due to Addition of Chemicals
- Rising Demand for Natural Food Dyes
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Nestlé SA (Switzerland), Alliance Organics LLP (India), Cargill Inc. (United States), BASF SE (Germany), Vinayak Ingredients (India) Pvt. Ltd. (India), Kolorjet Chemicals Pvt Ltd (India), Rung International (India), Denim Colourchem (P) Limited (India), JAMSONS INDUSTRIES (India) and REXZA COLOURS and Chemicals Pvt Ltd. (India). Analyst at AMA Research see Asia Pacific Vendors to retain maximum share of Global Artificial Food Dyes market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Artificial Food Dyes market. Considering Market by Form Type, the sub-segment i.e. Powder will boost the Artificial Food Dyes market. Considering Market by Color Type, the sub-segment i.e. Yellow will boost the Artificial Food Dyes market.
The U.S. Food and Drug Administration (FDA) imposes strict regulations and standards for the approval of artificial food dyes and how food producers and manufacturers are permitted to use those dyes in their products. Both in the EU and the US only approved colours can be used in foods. The respective rules are, however, embedded in two very different legal frameworks. In the EU, food colours are regulated as food additives under a comprehensive set of regulations for food improvement agents.
What Can be Explored with the Artificial Food Dyes Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Artificial Food Dyes Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Artificial Food Dyes
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Artificial Food Dyes market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Artificial Food Dyes market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Artificial Food Dyes, Suppliers of Artificial Food Dyes, Wholesalers, Distributors and Retailers of Artificial Food Dyes, Food & Beverage Industry, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.