DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2k4wff/natural_food) has announced the addition of the "Natural Food Colours Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020" report to their offering.
The global natural food colour market was estimated to be worth US$ 1,144.0 million in 2014 and expected to reach 1,697.6 million by 2020, reflecting a CAGR of 6.8%
The global natural food colour market represented 54.9% of the total food colour market in 2014 and is expected to account for nearly 60% of the overall market by 2020. The natural food colour market will witness a major contribution from colours such as yellow-orange-red and pink from carotenoids and anthocyanin.
Types of Natural Food Colours:
Carotenoids were valued at US$ 363.2 million in 2014 with 31.8% market share. It is expected to lose negligible market share but maintain its dominant position through the forecast period. Anthocyanin is the second largest segment in terms of revenue and will maintain its dominance in the forecast period owing to new product development using anthocyanin for red/purple/pink and few blue shades for various low pH foods/beverages. Purple sweet potato and purple carrot & cabbage would emerge as most preferred raw materials for manufacturing anthocyanin-based colours. Spirulina extract is projected to witness tremendous growth during 2015-2020 with rising y-o-y growth through the forecast period.
The key applications of natural food colours are confectionary & bakery, beverages, packaged foods, dairy products and others. Others category, which represents 316.0 million of total natural colours market, or 27.6% in 2014, was the largest application segment in 2014 and is likely to maintain its dominant position by 2020. It consists of frozen foods, condiments & dressings, functional food and pet food. Beverages is the second largest category occupying 21.5% of total market share or US$ 230.9 million in terms of revenue in 2013.
Key Topics Covered:
1. Research Methodology
2. Assumptions & Acronyms Used
3. Global Natural Food Colours - Executive Summary
4 Natural Food Colours Market - Social Media Sentiment Analysis
5. Food Colours: Market Overview
6 Global Regulations Pertaining to Natural Food Colours
7 Global Market Overview
8. Drivers, Restraints and Trends
9 Market by Segment
10. Market by Application
11. Market by Regions
12. Competitive Landscape
- ADM (Wild flavors Inc.)
- Chr. Hansen A/S
- DIC Corporation
- GNT International B.V.
- LycoRed Ltd. among others.
- Naturex S.A.
- ROHA Dyechem Pvt. Ltd.
- Sensient Technologies Corporation and Kalsec Inc.
- The Color House
For more information visit http://www.researchandmarkets.com/research/2k4wff/natural_food