DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vjxv4k/us_food_colorants) has announced the addition of the "US Food Colorants Market-Growth, Trends and Forecast (2015-2020)" report to their offering.
The food colors market is one of the segments of the global food additives market. Food Colors are used by the food and beverages industry to improve the color of the food which is lost while food processing. Food colors market is projected to reach $2.5 billion by 2020; growing at a CAGR of 4.6%.
The market is driven by easily available raw materials which includes fruits & vegetables. Growing food safety concerns in the global food markets are pressurizing manufacturing to adopt clean labels. The major restrain the industry faces is the growing awareness on the ill effects of synthetic colors. This has triggered the demand for natural colors, which have high costs when compared to synthetic colors. The stringent food standards regulations by FDA and several regulatory bodies is proving to be a constraint for manufactures, thus forcing them to look at alternatives in the form of innovations in the natural colorants. The food safety norms and increased production of the natural colors in North America are ultimately driving the market for food colors.
The market is segmented based on types which include synthetic and natural colors. Synthetic colors currently hold a major share, but natural colorants are the fastest growing segment. In terms of region, North America formed the largest segment of the food colors market in 2013. In 2015, the North American food & beverage colorants market is estimated to be dominated by the U.S., followed by Canada and Mexico. In the U.S., the rising rates of foodborne illness and increasing demand for food products are driving the natural food colors.
The report profiles companies like Chr Hansen holdings, Royal DSM, Sensient technologies, FMC Corp among others. To gain market share, these companies are adapting numerous market strategies like innovative product development, partnerships, mergers & acquisitions, and expansion of existing facilities.
Key Topics Covered:
1. Introduction
2. Key Findings
3. Market Overview & Dynamics
4. Introduction
5. Market Segmentation by Type
6. Competitive Landscape Overview
7. Company Profiles
- Chr Hansen holdings
- D.D. Williamson & Co.
- Royal DSM
- Sensient technologies
- FMC Corp
- Dohler group
- Naturex SA
- Fiorio Colori S.P.A.
- Kalsec Inc
- kancor Ingredients
- Univar
- BASF
- Riken Vitamin
For more information visit http://www.researchandmarkets.com/research/vjxv4k/us_food_colorants
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