Transparency Market
Research
Food Colors Market - Global Industry Size, Market Share, Trends,
Analysis, And Forecasts 2012 - 2018
Published Date
29-08-2012
142 Page Report
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Press Release
Inclination towards Adding Aesthetic Value to Food Augments the Demand
for Food Colors, Says TMR
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Food Colors Market
REPORT DESCRIPTION
The published research report by Transparency Market Research observes that the global food colors
market is being led by large multinationals, who have similar shares. Thus, there aren’t specific market
leaders in the global market. "This has increased the scope for new entrants to be a part of the overall
market," states the lead author of this research report. Some of the significant players in the global market
are BASF, DSM, Sensient Technologies, and DuPont. According to the opportunity in the global food colors
market is expected to be worth US$2.1 bn by 2018, as the market expands at a CAGR of 4.3% between
2013 and 2018.
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North America Remains the Prime Consumer of Food Colors
In terms of applications, food colors are used for food items, carbonated soft drinks, and alcoholic
beverages. Of these, food colors are largely used in making various types of food items that maybe both
fresh or packaged. The report anticipates that the food segment will hold a share of 64.3% in the overall
market by the end of 2018. Geographically, North America is projected to lead the global food colors
market with a share of 27.0% by 2018. The adoption of natural food colors, as opposed to synthetic food
colors, is expected to boost this regional market in the coming years.
Awareness about...