Food Colors Market

Food Colors Market by Type (Natural, synthetic, nature-identical), Application (Food products, and beverages), Form (Liquid, powder and gel), Solubility (Dyes and lakes) & Region - Global Forecast to 2026

Report Code: FB 2380 Apr, 2021, by marketsandmarkets.com

[364 Pages Report] The global food colors market was estimated to be valued at USD 4,287.5 million in 2021. It is projected to reach USD 5,386.8 million by 2026, recording a CAGR of 4.7% during the forecast period. Food colors are vital ingredients of processed foods & beverages. Food processors reinforce the original product’s quality by enhancing its visual appeal using food coloring. Improving the product appeal is a major factor that has led to the addition of colors to food products. Food colors balance the loss of colors due to the effect of heat, light, air, moisture, and other atmospheric conditions. Food colors play a significant role in enhancing the visual appeal of off-color or colorless products. They also help to retain the original properties of vitamins, flavors, and nutrients in food products that can get altered due to sunlight.

Food colors Market

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Impact of Covid-19 on food colors Market

The COVID-19 pandemic is projected to have a significant impact on the food colors market, as it has highlighted the significance of safe, healthy, and nutritive eating. While ingredient sales are witnessed across countries, key companies in the food colors market have also begun to establish regional production, R&D and sales departments are optimizing supply chains for the distribution of raw materials. During the COVID-19 outbreak, natural food color & flavor companies witnessed significant challenges to address the demand for the increased specialization of food products to include the changing tastes and preferences.

Market Dynamics

Drivers: Health benefits of certain natural food colors

The demand for natural food colors is increasing significantly in all regions. The health benefits associated with their consumption are one of the major factors driving their demand.

According to a report published by The International Food Information Council (IFIC) Foundation in 2017, nearly 14.3 gm of spirulina contains 20 calories, 4 gm of protein, magnesium, potassium, folate, and 11% of the daily required iron.

Restraints: Stringent regulations pertaining to the use of colors in food applications

Stringent regulations imposed by the federal bodies of various countries have restrained the usage of synthetic colorants in food & beverage products. In the US, the FDA is a key regulating body for food additives. It regulates the inclusion of synthetic colors in food & beverages. These regulations have restricted the use and demand for food colors. For instance, in 2008, a ruling was passed to ban food coloring in the UK. The six colors banned are E110, E104, E122, E129, E103, and E124. This has significantly impacted the consumption of food coloring in the food industry in the UK and its neighboring countries. Moreover, the lack of harmony in the regulatory norms and labeling guidelines for the use of organic and natural colors in different countries is also restraining the food colors market growth. For instance, Blue #1, i.e., Brilliant Blue, which is banned in France, is widely used in other European countries.

Opportunities: Innovative color extractions with the use of new raw material sources

With the growing health consciousness among consumers, the demand for synthetic food coloring is declining. As a result of the adverse effects that these colors cause to human health, food manufacturers are constantly on the lookout for innovative ways to extract colors from alternative natural sources. Untapped raw material sources, such as cabbage and algae beta-carotene that are compliant with the regulatory mandates, offer opportunities for the growth of the food colors market. Intercropping of existing crops with coloring crops offers high growth opportunities for the key players in the market as they focus on offering new sources of food colors.

Some of the innovative ways are listed below.

  • Spirulina, which is blue in color, is used as a source for producing natural colors, generally in the lake form.
  • Natural ultramarine is a blue pigment extracted from the semi-precious stone, lapis lazuli.
  • Bioconversion of specific components found in bacteria, fungi, and yeasts can be used to produce various colors.
  • Ingredients derived from water bodies, particularly seaweed and Chilean sea bass, are used for color extraction on a commercial level.

Misperception pertaining to titanium dioxide among consumers

The FDA has categorized titanium dioxide as a safe to use colorant for food applications. Food-grade titanium dioxide used within maximum permissible limits is safe, and no health risks have been observed pertaining to it. Consumers perceive titanium dioxide as a chemical, which can cause life-threatening diseases, such as cancer. However, there are no adequately evident studies available to prove this. Further, misperceptions about the health hazards of titanium dioxide are a key factor creating a significant challenge for the market growth.

Increase in food quality and safety awareness among customers to drive the market growth for natural food colors

Natural food colors originate from a wide range of sources, such as vegetables, fruits, plants, minerals, and other edible natural sources. They impart colors when added to food products or drinks. Minimally processed and socially responsible ingredients have become non-negotiable and imperative for food labels. The market for clean label products is substantial, and the IFT (International Food Technology) report of 2020 estimates that global clean label food sales will be worth USD 180 billion, up from USD 165 billion in 2015. Some natural colors used in the food and beverage industry are anthocyanins, carotenoids, caramel, carmine, and betacyanin. Natural colors are witnessing high demand for their health benefits, along with imparting color. The increase in demand for natural food colors among consumers in different regions has led manufacturers to use natural food colors as a substitute for synthetic colors.

The consumer demand for clean label products is a major trend witnessed in the present markets and is encouraging the food industry to be discerning about its ingredients and clean-up supply chains. Cargill, in partnership with Decision Analyst, conducted a proprietary survey of 302 US grocery shoppers to learn more about the ingredients that people prefer avoiding. Chemical-sounding names, such as methylcellulose, carboxymethyl cellulose, and monosodium glutamate, were definitely not desirable. The most accepted ingredients, according to the survey, include natural flavors, natural colors, flour, vegetable oil, and sugar. Thus, there is a rise in the adoption of food products with natural food colors in the US market.

Rapid growth of the food sectors drives the demand for food colors market globally

On the basis of the application of colors in food products, the food colors market is segmented into five major categories, which include processed food, bakery & confectionery products, meat, poultry, and seafood; oils & fats; and dairy products. Food colors are widely used in these products as they increase the product appeal. The selection of color is based on factors such as stability, packaging, and the formulation parameters of the food item.

Recent trends in the food industry witness consumers inclining toward natural colors due to the health benefits associated with them. According to the Sensient Technologies Corporation (US) “Food Trends Report” 2020, plant-based meat witnesses a high demand with new product developments. In these products, visible appearance is more important than ever. Thus, there is a high demand being created for meaty red shades from heat-stable and natural red colors. Both academic and extensive research conducted indicates the preference among consumers for vivid colors in products as they equate vibrancy with enhanced taste and flavor, particularly during the COVID-19 pandemic outbreak. This is attributed to an increase in the demand for online purchases of processed foods.

Ease of use and increase in application for further blending and formulation of new food colors to drive the food colors market growth

Synthetic and natural liquid forms of food colors are water-based and are less concentrated as compared to powder or gel form, as they are water-based colors. Food colors in liquid form are used for food items that require lighter and more pastel colorings for items, such as cake icings, candies, and meat substitutes. They are easy to mix and provide color consistency. Liquid food colors also reduce problems of poor pigment dispersion. However, liquid ingredients are difficult to use when it comes to scaling and temperature.

Liquids are the most widely available and preferred form of food coloring due to their convenience in usage and lower cost. They are available in squeeze bottles that allow gradual coloring until the required tone is achieved. Liquid dyes are the most conventional forms applied in almost all varieties of foods. Their applications include tinting icings, batters, and doughs.

The advantages of liquid coloring include the following:

  • Availability in bulk sizes
  • Ability to precisely measure the quantity
  • Easy dispersion with water-based products
  • Creation of customized colors by combining with other shades

Food colors Market by Region

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Europe dominated the food colors market, with a value of USD 1,385.4 million in 2020; it is projected to reach USD 1,799.7 million by 2026, at a CAGR of 4.7% during the forecast period.

The high demand for packaged food and the growing bakery and confectionery and dairy & frozen products market in Germany are the key drivers encouraging the growth of the food colors market in the country. Furthermore, investments in new technological developments are projected to encourage the formulation of innovative natural or nature-identical colors for applications, such as pharmaceuticals and processed food. Key players, such as Dφhler Group, are actively adopting strategies, such as expansions and investments that have driven the food colors market growth in Germany.

Key Market Players

Key players in food colors market include ADM (US), International Flavors & Fragrances, Inc. (US), Sensient Technologies Corporation (US), DSM (Netherlands), Naturex (France), DDW (US), and Dφhler Group (Germany).

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Scope of the Report

Report Metric

Details

Market size estimation

2016–2026

Base year considered

2020

Forecast period considered

2021–2026

Market size value in 2021

USD 4,287.5 million

Revenue forecast in 2026

USD 5,386.8 million

Growth rate

CAGR of 4.7% from 2021 to 2026

Units considered

Value (USD), Volume (KT)

Segments covered

Type, Application,  Form, Source and Region

Regions covered

North America, Asia Pacific, Europe,South America and RoW

Companies studied

ADM (US), International Flavors & Fragrances Inc. (US), Sensient Technologies Corporation (US), DSM (Netherlands), Naturex (France), DDW (US), Dφhler Group (Germany), Florio Colori (Italy), Lycored (Israel), Kalsec Inc. (US). (Total 20 companies)

This research report categorizes the food colors market based on type, application, form, source and region.

On the basis of type, the food colors market has been segmented as follows:

  • Natural
    • Carmine
    • Anthocyanins
    • Caramel
    • Annatto
    • Carotenoids
    • Chlorophyll
    • Spirulina
    • Other natural colors (betalains, canthaxanthin, anthraquinones, curcumin, turmeric, and gardenia)
  • Synthetic
    • Blue
    • Red
    • Yellow
    • Green
    • Amaranth
    • Carmoisine
    • Other synthetic colors (blended colors, black PN, chocolate brown, and blue IV)
  • Nature identical

On the basis of application, the food colors market has been segmented as follows:

  • Food Products
    • Processed food products
    • Bakery & confectionery products
    • Meat, poultry, and seafood products
    • Oils & fats
    • Dairy products
    • Other food products (breakfast cereals, fruit & vegetable extracts, soups, condiments & spices, dressings, and sauces)
  • Beverages
    • Juice & juice concentrates
    • Functional drinks
    • Carbonated soft drinks
    • Alcoholic drinks

On the basis of form, the food colors market has been segmented as follows:

  • Liquid
  • Powder
  • Gel

On the basis of solubility, the food colors market has been segmented as follows:

  • Dyes
  • Lakes

On the basis of region, the food colors market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of World (RoW)*

*Rest of the World (RoW) includes South Africa, Middle East and rest of Africa.

Recent Developments

  • In March 2019, Naturex introduced its new extraction line for spirulina production. The newly introduced line triples spirulina production capacity. This expansion of Naturex’s manufacturing capacity has been designed to meet the growing global demand for clean label blues and greens.
  • In May 2018, International Flavors & Fragrances Inc. (US) signed an agreement with Frutarom (Israel). The aim of undertaking this agreement was to enhance IFF’s strengthen in terms of taste, scent, and nutrition aspects of its products. They now offer many natural and artificial food colors manufactured by Frutarom globally.
  • In September 2016, WILD Flavors & Specialty Ingredients (WFSI), a business unit of Archer Daniels Midland Company (ADM), in SIAL in Paris, offered a wide range of ingredients and concepts for multiple applications in the food and beverage sector. Through this, the company focuses on strengthening its food colors and flavors segment.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 42)
    1.1 OBJECTIVES OF THE STUDY
           1.1.1 FOOD COLORS MARKET DEFINITION
    1.2 FOOD COLORS MARKET SCOPE
           1.2.1 MARKETS COVERED
           FIGURE 1 FOOD COLORS MARKET SEGMENTATION
           1.2.2 INCLUSIONS AND EXCLUSIONS
           1.2.3 GEOGRAPHIC SCOPE
    1.3 PERIODIZATION CONSIDERED
    1.4 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATES CONSIDERED FOR THE STUDY, 2017–2020
    1.5 UNITS CONSIDERED
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 48)
    2.1 RESEARCH DATA
           FIGURE 2 RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
                    2.1.2.3 Key industry insights
    2.2 FOOD COLORS MARKET SIZE ESTIMATION
           2.2.1 TOP-DOWN
           2.2.2 BOTTOM-UP
    2.3 DATA TRIANGULATION
           FIGURE 3 DATA TRIANGULATION METHODOLOGY
           2.3.1 SUPPLY-SIDE
           2.3.2 DEMAND-SIDE
    2.4 RESEARCH ASSUMPTIONS
    2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS
    2.6 FOOD COLORS MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
           2.6.1 SCENARIO-BASED MODELLING
    2.7 COVID-19 HEALTH ASSESSMENT
           FIGURE 4 COVID-19: GLOBAL PROPAGATION
           FIGURE 5 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.8 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 6 REVISED GROSS DOMESTIC PRODUCT (GDP) FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           2.8.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT
           FIGURE 7 CRITERIA IMPACTING GLOBAL ECONOMY
           FIGURE 8 SCENARIOS IN TERMS OF GLOBAL ECONOMY RECOVERY

3 EXECUTIVE SUMMARY (Page No. - 64)
           FIGURE 9 FOOD COLORS MARKET SNAPSHOT, BY TYPE, 2021 VS. 2026
           FIGURE 10 FOOD COLORS MARKET SIZE, BY APPLICATION, 2021–2026
           FIGURE 11 FOOD COLORS MARKET SIZE, BY SOLUBILITY, 2021–2026
           FIGURE 12 LIQUID SEGMENT TO GROW AT THE HIGHEST CAGR IN THE FOOD COLOR MARKET, 2021–2026
           FIGURE 13 FOOD COLORS MARKET SHARE (VALUE), BY REGION

4 PREMIUM INSIGHTS (Page No. - 69)
    4.1 OPPORTUNITIES IN THE GLOBAL FOOD COLORS MARKET
           FIGURE 14 GROWING DEMAND FOR NATURAL FOOD COLORS DUE TO THE INCREASE CONSUMER AWARENESS TO DRIVE THE GROWTH OF THE MARKET
    4.2 MARKET FOR FOOD COLORS: KEY COUNTRY
           FIGURE 15 INDIA TO BE THE FASTEST-GROWING COUNTRY IN THE GLOBAL MARKET BY 2026
    4.3 MARKET FOR FOOD COLORS, BY TYPE AND REGION
           FIGURE 16 NATURAL COLORS SEGMENT TO DOMINATE THE MARKET THROUGH 2026
    4.4 MARKET FOR FOOD COLORS, BY APPLICATION AND REGION
           FIGURE 17 FOOD SEGMENT, BY APPLICATION, DOMINATED THE MARKET IN 2020
    4.5 MARKET FOR FOOD COLORS, BY SOLUBILITY
           FIGURE 18 DYE SEGMENT, BY SOLUBILITY, DOMINATED THE MARKET, 2021 VS. 2026
    4.6 MARKET FOR FOOD COLORS, BY FORM
           FIGURE 19 LIQUID SEGMENT, BY FORM, DOMINATED THE GLOBAL MARKET,2021 VS. 2026
    4.7 EUROPE: MARKET FOR FOOD COLORS, BY APPLICATION AND COUNTRY, 2017
           FIGURE 20 FOOD APPLICATION IN EUROPE ACCOUNTED FOR THE LARGEST SHARE IN 2020
    4.8 COVID-19 IMPACT ON FOOD COLORS MARKET
           FIGURE 21 GROWTH IN 2020 DECLINED POST-COVID-19 PHASE AS COMPARED TO PRE-COVID-19 PHASE

5 MARKET OVERVIEW (Page No. - 75)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 22 MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Increase in demand for natural colors
                               5.2.1.1.1 Increase in consumer awareness for clean label products
                               5.2.1.1.2 Health benefits of certain natural food colors
           TABLE 2 NATURAL COLORING AGENTS AND THEIR HEALTH BENEFITS
                    5.2.1.2 Need to enhance product appeal among manufacturers
           TABLE 3 USE OF FOOD COLORS FOR ENHANCING PRODUCT APPEAL
                    5.2.1.3 Growing trade, investment, and expenditure in the processed food & beverages market
           FIGURE 23 PACKAGED FOOD MARKET SIZE, REGION-WISE, 2018
           FIGURE 24 INDIA’S 12TH FIVE YEAR PLAN: EXPENDITURE SHARE ON FOOD PROCESSING SECTOR, 2012-2017
                    5.2.1.4 Technological advancements and growing R&D activities
                               5.2.1.4.1 Floral colors to gain traction in the market
                    5.2.1.5 Rise in competitive strategies undertaken by key players through new product launches, collaborations, and agreement activities
                    5.2.1.6 Increase in consumer preference for organic products
           FIGURE 25 ORGANIC FOOD AND BEVERAGES MARKET SIZE FOR GLOBAL MARKETS, 2019
           FIGURE 26 TOP TEN COUNTRIES WITH THE LARGEST NUMBER OF ORGANIC PRODUCERS, 2016
           5.2.2 RESTRAINTS
                    5.2.2.1 Health hazards of synthetic colorants among consumers
           TABLE 4 SYNTHETIC FOOD COLORS AND THEIR HEALTH HAZARDS
                    5.2.2.2 Stringent regulations pertaining to the use of colors in food applications
                    5.2.2.3 Low stability and high cost of natural colors
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Innovative color extractions with the use of new raw material sources
                    5.2.3.2 Increase in ventures undertaken by manufacturers in Asia Pacific and South America
           FIGURE 27 FOOD COLOR EXPORT FROM INDIA, 2012-2017 (METRIC TONNE)
                    5.2.3.3 Safety reassessment of synthetic food colors
                    5.2.3.4 Launching of advanced products by manufacturers
                               5.2.3.4.1 Innovative color shades
                               5.2.3.4.2 Multi-functional colors
                               5.2.3.4.3 Colors for improving sensory impact
                    5.2.3.5 Consumer willingness to pay more for natural colors
                    5.2.3.6 Microencapsulated natural colors to witness preference
           5.2.4 CHALLENGES
                    5.2.4.1 Consumer preference for natural food colors due to the labeling mandates for E numbers
           TABLE 5 COLORING FOOD, NUTRIENTS, AND HEALTH BENEFITS
           TABLE 6 E NUMBERS OF FOOD COLORS
                    5.2.4.2 Misperception pertaining to titanium dioxide among consumers
    5.3 IMPACT OF COVID-19 ON FOOD COLORS MARKET DYNAMICS
           5.3.1 COVID-19 DRIVES THE DEMAND FOR HIGH-QUALITY AND PREMIUM PRODUCTS
           5.3.2 COVID-19 TO REFORMULATE THE DEMAND FOR FOOD PRODUCTS TO LOWER COSTS
           5.3.3 COVID-19 IMPACT ON RAW MATERIAL AVAILABILITY AND SUPPLY CHAIN DISRUPTIONS
           5.3.4 COVID-19 IMPACT TO ENCOURAGE THE DEMAND FOR PLANT-SOURCED INGREDIENTS

6 INDUSTRY TRENDS (Page No. - 95)
    6.1 INTRODUCTION
    6.2 YC-YCC SHIFT
           FIGURE 28 REVENUE SHIFT FOR THE MARKET
    6.3 VALUE CHAIN ANALYSIS
           6.3.1 RESEARCH AND PRODUCT DEVELOPMENT
           6.3.2 SOURCING & PRODUCTION
           6.3.3 MARKETING & SALES AND LOGISTICS
           FIGURE 29 VALUE CHAIN ANALYSIS OF THE GLOBAL MARKET: SOURCING AND PRODUCTION KEY CONTRIBUTORS
    6.4 PEST ANALYSIS
           6.4.1 POLITICAL FACTORS
                    6.4.1.1 Government & other regulations
                    6.4.1.2 Lack of transparency in patent protection laws
           6.4.2 ECONOMIC FACTORS
                    6.4.2.1 Increase in prices of ingredients
                    6.4.2.2 Population growth and increase in spending power
                    6.4.2.3 Labor cost
                    6.4.2.4 Global economic conditions
           6.4.3 SOCIAL FACTORS
                    6.4.3.1 Change in food habits and lifestyles
           6.4.4 TECHNOLOGICAL FACTORS
                    6.4.4.1 Technological developments
    6.5 ECOSYSTEM MAP & SUPPLY CHAIN
           FIGURE 30 SUPPLY CHAIN: MARKET FOR FOOD COLORS 
           TABLE 7 MARKET FOR FOOD COLORS : SUPPLY CHAIN (ECOSYSTEM)
           6.5.1 FOOD COLORS: ECOSYSTEM VIEW
           6.5.2 FOOD COLORS: MARKET MAP
                    6.5.2.1 Prominent companies
                    6.5.2.2 Small and medium enterprises
                    6.5.2.3 End users (Manufacturers/consumers)
                    6.5.2.4 Key influencers
    6.6 TRADE ANALYSIS
           TABLE 8 EXPORT DATA OF FOOD COLORS FOR KEY COUNTRIES,2020 (VALUE AND VOLUME)
           TABLE 9 RE-EXPORT DATA OF FOOD COLORS FOR KEY COUNTRIES,2020 (VALUE AND VOLUME)
           TABLE 10 IMPORT DATA OF FOOD COLORS FOR KEY COUNTRIES,2018–2019 (VALUE AND VOLUME)
           TABLE 11 RE-IMPORT DATA OF FOOD COLORS FOR KEY COUNTRIES,2018–2019 (VALUE AND VOLUME)
           FIGURE 31 IMPORT VALUE OF COLORS IN INDIA, 2013-2016 (USD)
    6.7 TECHNOLOGY ANALYSIS
           6.7.1 TECHNOLOGICAL ADVANCEMENTS IN THE COLOR AND FLAVOR INDUSTRY
           6.7.2 MICROENCAPSULATION TECHNOLOGY
           6.7.3 NON-THERMAL TREATMENTS: HPP & PEF ENHANCE COLOR RETENTION
           6.7.4 OTHER TECHNOLOGIES
    6.8 PATENTS ANALYSIS
           FIGURE 32 TOP FIELDS FOR THE STUDY OF FOOD COLORS, 2019-2021
           FIGURE 33 MOST ACTIVE REGIONS FOR FILING PATENTS, 2019-2021
           FIGURE 34 TOP PUBLISHERS OF PATENTS, 2019-2021
           TABLE 12 KEY PATENTS FOR FOOD COLORS, 2019–2021
    6.9 PORTER’S FIVE FORCES ANALYSIS
           TABLE 13 MARKET FOR FOOD COLORS : PORTER’S FIVE FORCES ANALYSIS
           6.9.1 DEGREE OF COMPETITION
                    6.9.1.1 Market concentration
                    6.9.1.2 Low entry/exit barriers
                    6.9.1.3 Availability of technologies with new entrants
           6.9.2 BARGAINING POWER OF SUPPLIERS
                    6.9.2.1 Availability of raw materials
                    6.9.2.2 Supplier concentration & confidence
                    6.9.2.3 High government intervention in some regions
           6.9.3 BARGAINING POWER OF BUYERS
                    6.9.3.1 Increase in health concerns among consumers
                    6.9.3.2 Price sensitivity
                    6.9.3.3 Low switching cost
           6.9.4 THREAT OF SUBSTITUTES
                    6.9.4.1 Artificial colors are harmful to health
                    6.9.4.2 Availability of substitute products
                    6.9.4.3 Increase in price of substitutes
           6.9.5 THREAT OF NEW ENTRANTS
                    6.9.5.1 Focus on technology innovation
                    6.9.5.2 Low entry barriers
    6.10 PRICING TREND
           FIGURE 35 FOOD COLORS MARKET GLOBAL AVERAGE SELLING PRICE (ASP),BY REGION, 2016-2020 (USD PER KG)
           FIGURE 36 FOOD COLORS MARKET GLOBAL AVERAGE SELLING PRICE (ASP), BY TYPE, 2016-2020 (USD PER KG)
    6.11 CASE STUDIES
           TABLE 14 ALLERGEN SENSORS FOR CONSUMERS
           TABLE 15 SENSORY EXPERIENCE TO REMAIN KEY PRIORITY FOR CONSUMERS

7 REGULATIONS (Page No. - 142)
    7.1 INTRODUCTION
           7.1.1 CODEX ALIMENTARIUS
    7.2 INTERNATIONAL BODY FOR FOOD SAFETY STANDARDS AND REGULATIONS
    7.3 NORTH AMERICA
           7.3.1 MEXICO
                    7.3.1.1 Mexican Food Regulations
    7.4 SOUTH AMERICA
           7.4.1 BRAZIL
                    7.4.1.1 Brazilian Health Regulatory Agency (ANVISA)
                    7.4.1.2 Section II) Food Additive Regulations
                    7.4.1.3 Brazilian Food and regulations and standards
           7.4.2 ARGENTINA
                    7.4.2.1 The Argentina Food Safety Act
                    7.4.2.2 The following issues must be considered when selecting a food additive:
           7.4.3 REST OF SOUTH AMERICA
    7.5 EUROPE
           7.5.1 FOOD AND AGRICULTURAL IMPORT REGULATIONS AND STANDARDS (BERLIN, GERMANY)
           7.5.2 FRANCE
                    7.5.2.1 Food and Agriculture Imports Regulations and Standards
           7.5.3 ITALY
    7.6 ASIA PACIFIC
           7.6.1 CHINA
                    7.6.1.1 In the following cases, food additives can be introduced in foods through ingredients:
           7.6.2 INDIA
           7.6.3 JAPAN
                    7.6.3.1 Japanese Ministry of Health, Labour and Welfare
                    7.6.3.2 Japan Food Chemical Research Foundation (JFCRF)
           7.6.4 SOUTH KOREA
                    7.6.4.1 Ministry of Food and Drug Safety (MFDS)
           7.6.5 AUSTRALIA & NEW ZEALAND
                    7.6.5.1 Australia New Zealand Food Standards Code - Standard 1.3.1 - Food Additives
    7.7 REST OF THE WORLD
           7.7.1 MIDDLE EAST
                    7.7.1.1 Food, Agricultural, and Water Import Regulations, and Standards - Dubai, United Arab Emirates

8 FOOD COLORS MARKET, BY TYPE (Page No. - 150)
    8.1 INTRODUCTION
           FIGURE 37 NATURAL FOOD COLORS SEGMENT TO DOMINATE THE MARKET THROUGH 2026 (USD MILLION)
           TABLE 16 FOOD COLORS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 17 FOOD COLORS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 18 MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (KT)
           TABLE 19 MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (KT)
           8.1.1 COVID-19 IMPACT ON THE FOOD COLORS MARKET, BY TYPE
                    8.1.1.1 Realistic scenario
           TABLE 20 REALISTIC SCENARIO: FOOD COLORS MARKET SIZE, BY TYPE,2018–2021 (USD MILLION)
                    8.1.1.2 Optimistic scenario
           TABLE 21 OPTIMISTIC SCENARIO:  FOOD COLORS MARKET SIZE, BY TYPE,2018–2021 (USD MILLION)
                    8.1.1.3 Pessimistic scenario
           TABLE 22 PESSIMISTIC SCENARIO: FOOD COLORS MARKET SIZE , BY TYPE,2018–2021 (USD MILLION)
    8.2 NATURAL COLORS
           8.2.1 INCREASE IN FOOD QUALITY AND SAFETY AWARENESS AMONG CONSUMERS TO DRIVE THE MARKET GROWTH FOR NATURAL FOOD COLORS
           TABLE 23 COMMONLY USED EXEMPT COLORS & THEIR APPLICATIONS
           FIGURE 38 CARMINE SEGMENT TO DOMINATE THE NATURAL COLORS MARKET THROUGH 2026 (USD MILLION)
           TABLE 24 NATURAL FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 25 NATURAL FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           TABLE 26 NATURAL FOOD COLOR MARKET SIZE, BY REGION, 2016–2020 (KT)
           TABLE 27 NATURAL FOOD COLOR MARKET SIZE, BY REGION, 2021–2026 (KT)
           TABLE 28 NATURAL FOOD COLORS MARKET SIZE, BY SUBTYPE,2016–2020 (USD MILLION)
           TABLE 29 NATURAL FOOD COLOR MARKET SIZE, BY SUBTYPE,2021–2026 (USD MILLION)
           8.2.2 CARMINE
           TABLE 30 CARMINE FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 31 CARMINE FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.2.3 ANTHOCYANINS
           TABLE 32 ANTHOCYANINS FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 33 ANTHOCYANINS FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.2.4 CARAMEL
           TABLE 34 CARAMEL FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 35 CARAMEL FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.2.5 ANNATTO
           TABLE 36 ANNATTO FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 37 ANNATTO FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.2.6 CAROTENOIDS
           TABLE 38 CAROTENOID FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 39 CAROTENOID FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.2.7 CHLOROPHYLL
           TABLE 40 CHLOROPHYLL FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 41 CHLOROPHYLL FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.2.8 SPIRULINA
           TABLE 42 SPIRULINA FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 43 SPIRULINA FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.2.9 OTHER NATURAL COLORS
           TABLE 44 OTHER NATURAL FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 45 OTHER NATURAL FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
    8.3 SYNTHETIC
           8.3.1 HIGH ADOPTION AND EXTENSIVE COLOR PALETTE OFFERED BY SYNTHETIC COLORS TO DRIVE THE MARKET GROWTH
           TABLE 46 E NUMBER OF COLORS
           TABLE 47 SYNTHETIC FOOD COLORS MARKET SIZE, BY SUBTYPE,2016–2020 (USD MILLION)
           TABLE 48 SYNTHETIC FOOD COLOR MARKET SIZE, BY SUBTYPE,2021–2026 (USD MILLION)
           TABLE 49 SYNTHETIC FOOD COLOR MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
           TABLE 50 SYNTHETIC FOOD COLOR MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           TABLE 51 SYNTHETIC FOOD COLORS MARKET SIZE, BY REGION, 2016–2020 (KT)
           TABLE 52 SYNTHETIC FOOD COLOR MARKET SIZE, BY REGION, 2021–2026 (KT)
           8.3.2 BLUE
           TABLE 53 BLUE FOOD COLORS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
           TABLE 54 BLUE FOOD COLOR MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           8.3.3 RED
           TABLE 55 RED FOOD COLORS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
           TABLE 56 RED FOOD COLOR MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           8.3.4 YELLOW
           TABLE 57 YELLOW FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 58 YELLOW FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.3.5 GREEN
           TABLE 59 GREEN FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 60 GREEN FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.3.6 AMARANTH
           TABLE 61 AMARANTH FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 62 AMARANTH FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.3.7 CARMOISINE
           TABLE 63 CARMOISINE FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 64 CARMOISINE FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           8.3.8 OTHERS SYNTHETIC COLORS
           TABLE 65 OTHER SYNTHETIC FOOD COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 66 OTHER SYNTHETIC FOOD COLOR MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
    8.4 NATURE-IDENTICAL
           8.4.1 LOW HEALTH IMPACTS OF NATURE-IDENTICAL COLORS AND COST-EFFECTIVENESS OVER NATURAL COLORS TO DRIVE THEIR DEMAND IN THE MARKET
           TABLE 67 NATURE-IDENTICAL COLORS MARKET SIZE, BY REGION,2016–2020 (USD MILLION)
           TABLE 68 NATURE-IDENTICAL COLORS MARKET SIZE, BY REGION,2021–2026 (USD MILLION)
           TABLE 69 NATURE-IDENTICAL COLORS MARKET SIZE, BY REGION, 2016–2020 (KT)
           TABLE 70 NATURE-IDENTICAL COLORS MARKET SIZE, BY REGION, 2021–2026 (KT)

9 FOOD COLORS MARKET, BY APPLICATION (Page No. - 181)
    9.1 INTRODUCTION
           FIGURE 39MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021 VS. 2026 (USD MILLION)
           TABLE 71 MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2016–2020 (USD MILLION)
           TABLE 72 MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2021–2026 (USD MILLION)
           TABLE 73 MARKET SIZE FOR FOOD PRODUCTS, BY SUBAPPLICATION, 2016–2020 (USD MILLION)
           TABLE 74 MARKET SIZE FOR FOOD PRODUCTS, BY SUBAPPLICATION, 2021–2026 (USD MILLION)
           TABLE 75 MARKET SIZE FOR BEVERAGES, BY SUBAPPLICATION,2016–2020 (USD MILLION)
           TABLE 76 MARKET SIZE FOR BEVERAGES, BY SUBAPPLICATION,2021–2026 (USD MILLION)
           9.1.1 COVID-19 IMPACT ON THE FOOD COLORS MARKET, BY APPLICATION
                    9.1.1.1 Realistic scenario
           TABLE 77 REALISTIC SCENARIO: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2018–2021 (USD MILLION)
                    9.1.1.2 Optimistic scenario
           TABLE 78 OPTIMISTIC SCENARIO: MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2018–2021 (USD MILLION)
                    9.1.1.3 Pessimistic scenario
           TABLE 79 PESSIMISTIC SCENARIO: MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2018–2021 (USD MILLION)
    9.2 FOOD PRODUCTS
           9.2.1 RAPID GROWTH OF THE FOOD SECTORS IN THE GLOBAL MARKET TO DRIVE THE DEMAND FOR FOOD COLORS
           FIGURE 40 FOOD COLORS MARKET SIZE IN FOOD PRODUCTS, BY REGION,2021 VS. 2026
           TABLE 80 MARKET SIZE IN FOOD PRODUCTS, BY REGION,2016–2020 (USD MILLION)
           TABLE 81 MARKET SIZE IN FOOD PRODUCTS, BY REGION,2021–2026 (USD MILLION)
           9.2.2 PROCESSED FOOD PRODUCTS
           TABLE 82 MARKET SIZE FOR PROCESSED FOOD PRODUCTS,BY REGION, 2016–2020 (USD MILLION)
           TABLE 83 MARKET SIZE FOR PROCESSED FOOD PRODUCTS,BY REGION, 2021–2026 (USD MILLION)
           9.2.3 BAKERY & CONFECTIONERY PRODUCTS
           TABLE 84 MARKET SIZE FOR BAKERY & CONFECTIONERY PRODUCTS,BY REGION, 2016–2020 (USD MILLION)
           TABLE 85 FOOD COLORS MARKET SIZE FOR BAKERY & CONFECTIONERY PRODUCTS,BY REGION, 2021–2026 (USD MILLION)
           9.2.4 MEAT, POULTRY, AND SEAFOOD
           FIGURE 41 TOP 10 COUNTRIES EXPORTING PROCESSED MEATS IN 2019
           TABLE 86 MARKET SIZE FOR MEAT, POULTRY, AND SEAFOOD PRODUCTS, BY REGION, 2016–2020 (USD MILLION)
           TABLE 87 MARKET SIZE FOR MEAT, POULTRY, AND SEAFOOD PRODUCTS, BY REGION, 2021–2026 (USD MILLION)
           9.2.5 OILS & FATS
           TABLE 88 MARKET SIZE FOR OILS & FATS, BY REGION,2016–2020 (USD MILLION)
           TABLE 89 MARKET SIZE FOR OILS & FATS, BY REGION,2021–2026 (USD MILLION)
           9.2.6 DAIRY PRODUCTS
           TABLE 90 MARKET SIZE FOR DAIRY PRODUCTS, BY REGION,2016–2020 (USD MILLION)
           TABLE 91 MARKET SIZE FOR DAIRY PRODUCTS, BY REGION,2021–2026 (USD MILLION)
           9.2.7 OTHER FOOD PRODUCTS
           TABLE 92 MARKET SIZE FOR OTHER FOOD PRODUCTS, BY REGION, 2016–2020 (USD MILLION)
           TABLE 93 MARKET SIZE FOR OTHER FOOD PRODUCTS, BY REGION, 2021-2026 (USD MILLION)
    9.3 BEVERAGES
           9.3.1 AVAILABILITY OF NEW, REFRESHING, AND HEALTHIER JUICES AND BEVERAGES IN THE MARKET TO DRIVE THE MARKET GROWTH
           TABLE 94 MARKET SIZE FOR BEVERAGES, BY REGION,2016–2020 (USD MILLION
           TABLE 95 MARKET SIZE FOR BEVERAGES, BY REGION,2021–2026 (USD MILLION)
           9.3.2 JUICE & JUICE CONCENTRATES
           TABLE 96 MARKET SIZE FOR JUICE & JUICE CONCENTRATES, BY REGION, 2016–2020 (USD MILLION)
           TABLE 97 MARKET SIZE FOR JUICE & JUICE CONCENTRATES, BY REGION, 2021–2026 (USD MILLION)
           9.3.3 FUNCTIONAL DRINKS
           TABLE 98 MARKET SIZE FOR FUNCTIONAL DRINKS, BY REGION,2016–2020 (USD MILLION)
           TABLE 99 FOOD MARKET SIZE FOR FUNCTIONAL DRINKS, BY REGION,2021–2026 (USD MILLION)
           9.3.4 CARBONATED SOFT DRINKS
           FIGURE 42 LEADING SOFT DRINK BRANDS (SHARE OF VOLUME IN %), 2012–2017
           TABLE 100 MARKET SIZE FOR CARBONATED SOFT DRINKS, BY REGION, 2016–2020 (USD MILLION)
           TABLE 101 FOOD COLORS MARKET SIZE FOR CARBONATED SOFT DRINKS, BY REGION, 2021–2026 (USD MILLION)
           9.3.5 ALCOHOLIC BEVERAGES
           TABLE 102 MARKET SIZE FOR ALCOHOLIC BEVERAGES, BY REGION, 2016–2020 (USD MILLION)
           TABLE 103 FOOD COLORS MARKET SIZE FOR ALCOHOLIC BEVERAGES, BY REGION, 2021–2026 (USD MILLION)

10 FOOD COLORS MARKET, BY FORM (Page No. - 202)
     10.1 INTRODUCTION
           FIGURE 43 LIQUID SEGMENT TO DOMINATE THE MARKET THROUGH 2026 (USD MILLION)
           TABLE 104 MARKET SIZE FOR FOOD COLORS, BY FORM, 2016–2020 (USD MILLION)
           TABLE 105 FOOD COLORS MARKET SIZE, BY FORM, 2021–2026 (USD MILLION)
     10.2 LIQUID
             10.2.1 EASE OF USE AND INCREASE IN APPLICATION FOR FURTHER BLENDING AND FORMULATION OF NEW FOOD COLORS TO DRIVE THE MARKET GROWTH
     10.3 POWDER
             10.3.1 DIVERSE COLOR PROFILE FACILITATED BY POWDERED COLORS TO DRIVE THEIR DEMAND IN THE MARKET
     10.4 GEL
             10.4.1 LONGER SHELF LIFE AND WIDE COLOR PALLETTE OFFERED IN THE GEL FORM TO DRIVE THE MARKET GROWTH

11 FOOD COLORS MARKET, BY SOLUBILITY (Page No. - 206)
     11.1 INTRODUCTION
           FIGURE 44 MARKET SIZE FOR FOOD COLORS, BY SOLUBILITY, 2021 VS. 2026 (USD MILLION)
           TABLE 106 MARKET SIZE FOR FOOD COLORS, BY SOLUBILITY, 2016–2020 (USD MILLION)
           TABLE 107 MARKET SIZE FOR FOOD COLORS, BY SOLUBILITY, 2021–2026 (USD MILLION)
     11.2 DYES
             11.2.1 HIGH GROWTH OF THE BEVERAGES MARKETS GLOBALLY TO DRIVE THE DEMAND FOR DYES
     11.3 LAKES
             11.3.1 INCREASED APPLICABILITY OF LAKES IN FOOD PRODUCTS TO DRIVE THEIR MARKET GROWTH
           TABLE 108 APPROVED LAKE COLORS IN THE EUROPEAN UNION

12 FOOD COLORS MARKET, BY REGION (Page No. - 210)
     12.1 INTRODUCTION
           FIGURE 45 US HELD THE LARGEST SHARE IN THE GLOBAL MARKET, 2021
           TABLE 109 MARKET SIZE FOR FOOD COLORS, BY REGION, 2016–2020 (USD MILLION)
           TABLE 110 MARKET SIZE FOR FOOD COLORS, BY REGION, 2021–2026 (USD MILLION)
           TABLE 111 MARKET SIZE FOR FOOD COLORS, BY REGION, 2016–2020 (KT)
           TABLE 112 MARKET SIZE FOR FOOD COLORS, BY REGION, 2021–2026 (KT)
             12.1.1 COVID-19 IMPACT ON THE FOOD COLORS MARKET, BY REGION
                        12.1.1.1 Realistic Scenario
           TABLE 113 REALISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                        12.1.1.2 Optimistic Scenario
           TABLE 114 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD COLORS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                        12.1.1.3 Pessimistic Scenario
           TABLE 115 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
     12.2 NORTH AMERICA
           FIGURE 46 NORTH AMERICA: MARKET SNAPSHOT
           TABLE 116 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY COUNTRY,2016–2020 (USD MILLION)
           TABLE 117 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY COUNTRY,2021–2026 (USD MILLION)
           TABLE 118 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2016–2020 (USD MILLION)
           TABLE 119 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 120 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (KT)
           TABLE 121 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (KT)
           TABLE 122 NORTH AMERICA: NATURAL FOOD COLOR MARKET SIZE, BY SUBTYPE, 2016–2020 (USD MILLION)
           TABLE 123 NORTH AMERICA: NATURAL FOOD COLORS MARKET SIZE, BY SUBTYPE, 2021–2026 (USD MILLION)
           TABLE 124 NORTH AMERICA: SYNTHETIC FOOD COLORS MARKET SIZE, BY SUBTYPE, 2016–2020 (USD MILLION)
           TABLE 125 NORTH AMERICA: SYNTHETIC FOOD COLOR MARKET SIZE, BY SUBTYPE, 2021–2026 (USD MILLION)
           TABLE 126 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 127 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
           TABLE 128 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2016–2020 (USD MILLION)
           TABLE 129 NORTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2021–2026 (USD MILLION)
           TABLE 130 NORTH AMERICA: BEVERAGE COLORS MARKET SIZE, BY SUBAPPLICATION, 2016–2020 (USD MILLION)
           TABLE 131 NORTH AMERICA: BEVERAGE COLORS MARKET SIZE, BY SUBAPPLICATION, 2021–2026 (USD MILLION)
             12.2.1 US
                        12.2.1.1 Increase in the presence of key players and food expenditure to drive the demand for premium food colors in the market
           FIGURE 47 PROCESSED MEAT PRODUCTION IN THE US, 2017
           TABLE 132 US: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 133 US: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 134 US: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 135 US: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.2.2 CANADA
                        12.2.2.1 Increase in consumer preference for clean label food products to encourage the production of natural food colors
           TABLE 136 CANADA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 137 CANADA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 138 CANADA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 139 CANADA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.2.3 MEXICO
                        12.2.3.1 High growth opportunities for synthetic food color manufacturers due to lower food expenditure in the market
           TABLE 140 MEXICO: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 141 MEXICO: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 142 MEXICO: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 143 MEXICO: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
     12.3 EUROPE
           FIGURE 48 EUROPE: MARKET SNAPSHOT
           TABLE 144 EUROPE: MARKET SIZE FOR FOOD COLORS, BY COUNTRY/REGION,2016–2020 (USD MILLION)
           TABLE 145 EUROPE: MARKET SIZE FOR FOOD COLORS, BY COUNTRY/REGION,2021–2026 (USD MILLION)
           TABLE 146 EUROPE: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 147 EUROPE: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 148 EUROPE: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (KT)
           TABLE 149 EUROPE: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (KT)
           TABLE 150 EUROPE: NATURAL FOOD COLORS MARKET SIZE, BY SUBTYPE,2016–2020 (USD MILLION)
           TABLE 151 EUROPE: NATURAL FOOD COLOR MARKET SIZE, BY SUBTYPE,2021–2026 (USD MILLION)
           TABLE 152 EUROPE: SYNTHETIC FOOD COLORS MARKET SIZE, BY SUBTYPE,2016–2020 (USD MILLION)
           TABLE 153 EUROPE: SYNTHETIC FOOD COLOR MARKET SIZE, BY SUBTYPE,2021–2026 (USD MILLION)
           TABLE 154 EUROPE: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 155 EUROPE: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
           TABLE 156 EUROPE: MARKET SIZE FOR FOOD COLORSSIZE, BY SUBAPPLICATION,2016–2020 (USD MILLION)
           TABLE 157 EUROPE: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2021–2026 (USD MILLION)
           TABLE 158 EUROPE: BEVERAGE COLORS MARKET SIZE, BY SUBAPPLICATION,2016–2020 (USD MILLION)
           TABLE 159 EUROPE: BEVERAGE COLORS MARKET SIZE, BY SUBAPPLICATION,2021–2026 (USD MILLION)
             12.3.1 GERMANY
                        12.3.1.1 High growth of the chemicals and processed foods manufacturing sectors to drive the demand for food colors
           FIGURE 49 COMMODITY-WISE SHARE OF THE GERMAN PROCESSED FOODS AND AGRICULTURE PRODUCTS SECTOR, 2018
           TABLE 160 GERMANY: FOOD COLORS MARKET SIZE, BY TYPE,2016–2020 (USD MILLION)
           TABLE 161 GERMANY: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 162 GERMANY: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 163 GERMANY: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.3.2 UK
                        12.3.2.1 Steady rise in the vegan population in the country to drive market for natural food colors
           TABLE 164 UK: FOOD COLORS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 165 UK: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 166 UK: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 167 UK: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.3.3 FRANCE
                        12.3.3.1 Rise in preference for ready-to-eat meals during the pandemic to drive the demand for premium quality food colors in the country
           TABLE 168 FRANCE: FOOD COLORS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 169 FRANCE: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 170 FRANCE: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 171 FRANCE: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.3.4 ITALY
                        12.3.4.1 Slowly rising expenditure on food in Italy driving the demands for more developed food products
           TABLE 172 ITALY: FOOD COLORS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 173 ITALY: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 174 ITALY: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 175 ITALY: FOOD COLOR MARKET SIZE, BY APPLICATION,2021–2026 (USD MILLION)
             12.3.5 SPAIN
                        12.3.5.1 Well-established processed food sector in the country to drive the demand for high-quality food colors
           TABLE 176 SPAIN: FOOD COLORS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 177 SPAIN: FOOD COLORS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 178 SPAIN: FOOD COLORS MARKET SIZE, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 179 SPAIN: FOOD COLORS MARKET SIZE, BY APPLICATION,2021–2026 (USD MILLION)
             12.3.6 REST OF EUROPE
                        12.3.6.1 Slow growth in the food sector to increase the need for safe and premium food color additives in the region
           TABLE 180 REST OF EUROPE: MARKET SIZE FOR FOOD COLORS, BY TYPE,2016–2020 (USD MILLION)
           TABLE 181 REST OF EUROPE: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 182 REST OF EUROPE: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 183 REST OF EUROPE: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
     12.4 ASIA PACIFIC
           FIGURE 50 ASIA PACIFIC FOOD COLORS MARKET SNAPSHOT
           TABLE 184 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY COUNTRY,2016–2020 (USD MILLION)
           TABLE 185 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY COUNTRY,2021–2026 (USD MILLION)
           TABLE 186 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY TYPE,2016–2020 (USD MILLION)
           TABLE 187 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 188 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (KT)
           TABLE 189 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (KT)
           TABLE 190 ASIA PACIFIC: NATURAL FOOD COLORS MARKET SIZE, BY SUBTYPE,2016–2020 (USD MILLION)
           TABLE 191 ASIA PACIFIC: NATURAL FOOD COLOR MARKET SIZE, BY SUBTYPE,2021–2026 (USD MILLION)
           TABLE 192 ASIA PACIFIC: SYNTHETIC FOOD COLOR MARKET SIZE, BY SUBTYPE,2016–2020 (USD MILLION)
           TABLE 193 ASIA PACIFIC: SYNTHETIC FOOD COLORS MARKET SIZE, BY SUBTYPE,2021–2026 (USD MILLION)
           TABLE 194 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 195 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
           TABLE 196 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2016–2020 (USD MILLION)
           TABLE 197 ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2021–2026 (USD MILLION)
           TABLE 198 ASIA PACIFIC: BEVERAGE COLORS MARKET SIZE, BY SUBAPPLICATION, 2016–2020 (USD MILLION)
           TABLE 199 ASIA PACIFIC: BEVERAGE COLORS MARKET SIZE, BY SUBAPPLICATION, 2021–2026 (USD MILLION)
             12.4.1 CHINA
                        12.4.1.1 Increase in chemical production and exports in the country to drive the market growth for food colors
           FIGURE 51 TOP TEN CATEGORIES IN THE TOTAL PERCENTAGE OF FOOD & BEVERAGE PRODUCTS TRACKED WITH NATURAL COLORS IN CHINA (2012–2017)
           TABLE 200 CHINA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 201 CHINA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 202 CHINA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 203 CHINA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.4.2 INDIA
                        12.4.2.1 Rise in local food colors manufacturers and domestic consumption of processed foods in the country to drive the demand for food colors
           TABLE 204 INDIA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 205 INDIA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 206 INDIA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 207 INDIA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.4.3 JAPAN
                        12.4.3.1 Increase in demand for natural and clean label food products in the country to drive the demand for natural food color extracts
           TABLE 208 JAPAN: FOOD COLORS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 209 JAPAN: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 210 JAPAN: MARKET SIZE FOR FOOD COLORSSIZE, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 211 JAPAN: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.4.4 AUSTRALIA & NEW ZEALAND
                        12.4.4.1 Rise in demand for organic and natural food products in the country to encourage the production of natural food colors
           TABLE 212 AUSTRALIA & NEW ZEALAND: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 213 AUSTRALIA & NEW ZEALAND: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 214 AUSTRALIA & NEW ZEALAND: MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2016–2020 (USD MILLION)
           TABLE 215 AUSTRALIA & NEW ZEALAND: MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2021–2026 (USD MILLION)
             12.4.5 SOUTH KOREA
                        12.4.5.1 High demand for premium quality food products in the retail and processed food sectors to drive the growth of the market in the country
           TABLE 216 SOUTH KOREA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2016–2020 (USD MILLION)
           TABLE 217 SOUTH KOREA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 218 SOUTH KOREA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 219 SOUTH KOREA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.4.6 REST OF ASIA PACIFIC
                        12.4.6.1 High consumption in the foods sector with the increase in demand for new products to drive the market growth
           TABLE 220 REST OF ASIA PACIFIC: FOOD COLORS MARKET SIZE, BY TYPE,2016–2020 (USD MILLION)
           TABLE 221 REST OF ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 222 REST OF ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2016–2020 (USD MILLION)
           TABLE 223 REST OF ASIA PACIFIC: MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2021–2026 (USD MILLION)
     12.5 SOUTH AMERICA
           TABLE 224 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY COUNTRY/REGION, 2016–2020 (USD MILLION)
           TABLE 225 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY COUNTRY,2021–2026 (USD MILLION)
           TABLE 226 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2016–2020 (USD MILLION)
           TABLE 227 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 228 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (KT)
           TABLE 229 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (KT)
           TABLE 230 SOUTH AMERICA: NATURAL FOOD COLORS MARKET SIZE, BY SUBTYPE, 2016–2020 (USD MILLION)
           TABLE 231 SOUTH AMERICA: NATURAL FOOD COLOR MARKET SIZE, BY SUBTYPE, 2021–2026 (USD MILLION)
           TABLE 232 SOUTH AMERICA: SYNTHETIC FOOD COLOR MARKET SIZE, BY SUBTYPE, 2016–2020 (USD MILLION)
           TABLE 233 SOUTH AMERICA: SYNTHETIC FOOD COLOR MARKET SIZE, BY SUBTYPE, 2021–2026 (USD MILLION)
           TABLE 234 SOUTH AMERICA: FOOD COLORS MARKET SIZE, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 235 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
           TABLE 236 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2016–2020 (USD MILLION)
           TABLE 237 SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2021–2026 (USD MILLION)
           TABLE 238 SOUTH AMERICA: BEVERAGE COLORS MARKET SIZE, BY SUBAPPLICATION, 2016–2020 (USD MILLION)
           TABLE 239 SOUTH AMERICA: BEVERAGE COLORS MARKET SIZE, BY SUBTYPE,2021-2026 (USD MILLION)
             12.5.1 BRAZIL
                        12.5.1.1 Increase in presence of key food retailers and food expenditure to drive the growth of the market
           TABLE 240 BRAZIL: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 241 BRAZIL: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 242 BRAZIL: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2026 (USD MILLION)
           TABLE 243 BRAZIL: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2026 (USD MILLION)
             12.5.2 ARGENTINA
                        12.5.2.1 Slow growth of the food sector in the country to drive the demand for food colors
           TABLE 244 ARGENTINA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2016–2020 (USD MILLION)
           TABLE 245 ARGENTINA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 246 ARGENTINA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 247 ARGENTINA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.5.3 REST OF SOUTH AMERICA
                        12.5.3.1 Growth of the food colors market to remain slow with the high dependence on food product imports
           TABLE 248 REST OF SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2016–2020 (USD MILLION)
           TABLE 249 REST OF SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 250 REST OF SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2016–2020 (USD MILLION)
           TABLE 251 REST OF SOUTH AMERICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION, 2021–2026 (USD MILLION)
     12.6 REST OF THE WORLD (ROW)
           TABLE 252 ROW: MARKET SIZE FOR FOOD COLORS, BY REGION, 2016–2020 (USD MILLION)
           TABLE 253 ROW: MARKET SIZE FOR FOOD COLORS, BY COUNTRY,2021–2026 (USD MILLION)
           TABLE 254 ROW: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 255 ROW: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 256 ROW: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2016–2020 (KT)
           TABLE 257 ROW: MARKET SIZE FOR FOOD COLORS, BY TYPE, 2021–2026 (KT)
           TABLE 258 ROW: NATURAL FOOD COLORS MARKET SIZE, BY SUBTYPE,2016–2020 (USD MILLION)
           TABLE 259 ROW: NATURAL FOOD COLORS MARKET SIZE, BY SUBTYPE,2021–2026 (USD MILLION)
           TABLE 260 ROW: SYNTHETIC FOOD COLOR MARKET SIZE, BY SUBTYPE,2016–2020 (USD MILLION)
           TABLE 261 ROW: SYNTHETIC FOOD COLOR MARKET SIZE, BY SUBTYPE,2021–2026 (USD MILLION)
           TABLE 262 ROW: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 263 ROW: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
           TABLE 264 ROW: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2016–2020 (USD MILLION)
           TABLE 265 ROW: MARKET SIZE FOR FOOD COLORS, BY SUBAPPLICATION,2021–2026 (USD MILLION)
           TABLE 266 ROW: BEVERAGE FOOD COLORS MARKET SIZE, BY SUBAPPLICATION,2016–2020 (USD MILLION)
           TABLE 267 ROW: BEVERAGE FOOD COLORS MARKET SIZE, BY SUBAPPLICATION,2021–2026 (USD MILLION)
             12.6.1 SOUTH AFRICA
                        12.6.1.1 Growth of the food & beverage industry in the country to offer attractive investment opportunities
           TABLE 268 SOUTH AFRICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2016–2020 (USD MILLION)
           TABLE 269 SOUTH AFRICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 270 SOUTH AFRICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 271 SOUTH AFRICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.6.2 MIDDLE EAST
                        12.6.2.1 Increase in consumer awareness on clean label products to encourage the demand for natural colors
           TABLE 272 MIDDLE EAST: FOOD COLORS MARKET SIZE, BY TYPE,2016–2020 (USD MILLION)
           TABLE 273 MIDDLE EAST: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 274 MIDDLE EAST: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 275 MIDDLE EAST: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)
             12.6.3 REST OF AFRICA
                        12.6.3.1 Rest of Africa offers low growth opportunities due to the increase in dependence on other countries for the import of food products
           TABLE 276 REST OF AFRICA: FOOD COLORS MARKET SIZE, BY TYPE,2016–2020 (USD MILLION)
           TABLE 277 REST OF AFRICA: MARKET SIZE FOR FOOD COLORS, BY TYPE,2021–2026 (USD MILLION)
           TABLE 278 REST OF AFRICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2016–2020 (USD MILLION)
           TABLE 279 REST OF AFRICA: MARKET SIZE FOR FOOD COLORS, BY APPLICATION,2021–2026 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 293)
     13.1 OVERVIEW
     13.2 MARKET SHARE ANALYSIS, 2019
           TABLE 280 MARKET FOR FOOD COLORS: DEGREE OF COMPETITION
     13.3 REVENUE ANALYSIS OF KEY PLAYERS, 2016-2019
           FIGURE 52 REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET,2016–2019 (USD BILLION)
     13.4 COVID-19- SPECIFIC COMPANY RESPONSE
     13.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
             13.5.1 STARS
             13.5.2 PERVASIVE
             13.5.3 EMERGING LEADERS
             13.5.4 PARTICIPANTS
           FIGURE 53 FOOD COLORS MARKET, COMPANY EVALUATION QUADRANT,2020 (OVERALL MARKET)
             13.5.5 PRODUCT FOOTPRINT
           TABLE 281 COMPANY, BY TYPE FOOTPRINT
           TABLE 282 COMPANY, BY APPLICATION FOOTPRINT
           TABLE 283 COMPANY, BY FORM FOOTPRINT
           TABLE 284 COMPANY, BY SOLUBILITY FOOTPRINT
           TABLE 285 COMPANY, BY REGIONAL FOOTPRINT
           TABLE 286 OVERALL COMPANY FOOTPRINT
     13.6 FOOD COLORS MARKET, START-UP/SME EVALUATION QUADRANT, 2020
             13.6.1 PROGRESSIVE COMPANIES
             13.6.2 STARTING BLOCKS
             13.6.3 RESPONSIVE COMPANIES
             13.6.4 DYNAMIC COMPANIES
           FIGURE 54 MARKET FOR FOOD COLORS: COMPANY EVALUATION QUADRANT,2020 (START-UP/SME)
     13.7 NEW PRODUCT LAUNCHES AND DEALS
             13.7.1 NEW PRODUCT LAUNCHES
           TABLE 287 MARKET FOR FOOD COLORS: NEW PRODUCT LAUNCHES, SEPTEMBER 2016–MARCH 2018
             13.7.2 DEALS
           TABLE 288 MARKET FOR FOOD COLORS: DEALS, MAY 2018

14 COMPANY PROFILES (Page No. - 308)
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)* 
     14.1 KEY PLAYERS
             14.1.1 ADM
           TABLE 289 ADM: BUSINESS OVERVIEW
           FIGURE 55 ADM: COMPANY SNAPSHOT
           TABLE 290 ADM: PRODUCTS OFFERED
           TABLE 291 ADM: NEW PRODUCT LAUNCHES
             14.1.2 INTERNATIONAL FLAVORS & FRAGRANCES INC.
           TABLE 292 INTERNATIONAL FLAVORS & FRAGRANCES INC.: BUSINESS OVERVIEW
           FIGURE 56 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT
           TABLE 293 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS OFFERED
           TABLE 294 INTERNATIONAL FLAVORS & FRAGRANCES INC.: DEALS
             14.1.3 SENSIENT TECHNOLOGIES CORPORATION
           TABLE 295 SENSIENT TECHNOLOGIES CORPORATION: BUSINESS OVERVIEW
           FIGURE 57 SENSIENT TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
           TABLE 296 SENSIENT TECHNOLOGIES CORPORATION: PRODUCTS OFFERED
             14.1.4 DSM
           TABLE 297 DSM: BUSINESS OVERVIEW
           FIGURE 58 DSM: COMPANY SNAPSHOT
           TABLE 298 DSM: PRODUCTS OFFERED
             14.1.5 NATUREX
           TABLE 299 NATUREX: BUSINESS OVERVIEW
           TABLE 300 NATUREX: PRODUCTS OFFERED
           TABLE 301 NATUREX: NEW PRODUCT LAUNCHES
           TABLE 302 NATUREX: DEALS
             14.1.6 DDW
           TABLE 303 DDW: BUSINESS OVERVIEW
           TABLE 304 DDW: PRODUCTS OFFERED
             14.1.7 DΦHLER GROUP
           TABLE 305 DΦHLER GROUP: BUSINESS OVERVIEW
           TABLE 306 DΦHLER GROUP: PRODUCTS OFFERED
             14.1.8 FLORIO COLORI
           TABLE 307 FLORIO COLORI: BUSINESS OVERVIEW
           TABLE 308 FLORIO COLORI: PRODUCTS OFFERED
             14.1.9 LYCORED
           TABLE 309 LYCORED: BUSINESS OVERVIEW
           TABLE 310 LYCORED: PRODUCTS OFFERED
             14.1.10 KALSEC INC.
           TABLE 311 KALSEC INC.: BUSINESS OVERVIEW
           TABLE 312 KALSEC INC.: PRODUCTS OFFERED
     14.2 START-UPS/SMES
             14.2.1 ALLIANCE ORGANICS LLP.
           TABLE 313 ALLIANCE ORGANICS LLP.: BUSINESS OVERVIEW
           TABLE 314 ALLIANCE ORGANICS LLP.: PRODUCTS OFFERED
             14.2.2 HORIZON SPECIALITIES LTD.
           TABLE 315 HORIZON SPECIALITIES LTD.: BUSINESS OVERVIEW
           TABLE 316 HORIZON SPECIALITIES LTD.: PRODUCTS OFFERED
             14.2.3 SUN FOOD TECH PVT. LTD.
           TABLE 317 SUN FOOD TECH PVT. LTD.: BUSINESS OVERVIEW
           TABLE 318 SUN FOOD TECH PVT. LTD.: PRODUCTS OFFERED
             14.2.4 KANEGRADE
           TABLE 319 KANEGRADE: BUSINESS OVERVIEW
           TABLE 320 KANEGRADE: PRODUCTS OFFERED
             14.2.5 PHARMOGANA GMBH
             14.2.6 CHROMATECH INCORPORATED
             14.2.7 SUNRISE GREEN FOOD
             14.2.8 PROQUIMAC
             14.2.9 EXBERRY
             14.2.10 AJANTA CHEMICAL INDUSTRIES
     *Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies. 

15 ADJACENT AND RELATED MARKETS (Page No. - 351)
     15.1 INTRODUCTION
           TABLE 321 ADJACENT MARKETS TO FOOD COLORS
     15.2 LIMITATIONS
     15.3 FOOD FLAVORS MARKET
             15.3.1 MARKET DEFINITION
             15.3.2 MARKET OVERVIEW
           TABLE 322 FLAVORS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
     15.4 NATURAL COLORS & FLAVORS MARKET
             15.4.1 MARKET DEFINITION
             15.4.2 MARKET OVERVIEW
           TABLE 323 NATURAL FOOD COLORS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)

16 APPENDIX (Page No. - 355)
     16.1 DISCUSSION GUIDE
     16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     16.3 AVAILABLE CUSTOMIZATIONS
             16.3.1 SEGMENT ANALYSIS
                        16.3.1.1 Geographic Analysis
                        16.3.1.2 Company Information
     16.4 RELATED REPORTS
     16.5 AUTHOR DETAILS

The study involved four major activities in estimating the food colors market size. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various sources, such as the United States Food and Drug Administration (US FDA), Organisation for Economic Co-operation and Development (OECD), Food and Agriculture Organization, and the United States Department of Agriculture, Natural Food Colors Association (NATCOL) were referred to identify and collect information for this study. The secondary sources also include clinical studies and medical journals, press releases, investor presentations of companies, white papers, certified publications, articles by recognized authors and regulatory bodies, trade directories, and paid databases.

Secondary research was mainly conducted to obtain critical information about the industry’s supply chain, the total pool of key players, and market classification & segmentation according to the industry trends to the bottom-most level, and geographical markets. It was also used to obtain information about the key developments from a market-oriented perspective.

Primary Research

The market comprises several stakeholders in the supply chain, which include supply-side (food color producers, suppliers, distributors, importers, and exporters);  demand-side (large-scale food and beverage ingredient manufacturers, processed food manufacturers, and research organizations); regulatory-side (related government authorities, commercial research & development (R&D) institutions, FDA, EFSA, USDA, FSANZ, EUFIC government agencies & NGOs, and other regulatory bodies); food product consumers, regulatory bodies, including government agencies and NGOs, commercial research & development (R&D) institutions and financial institutions, and government and research organizations.

Food Colors Market Primary Respondents

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the market. These approaches have also been used extensively to estimate the size of various dependent submarkets. The research methodology used to estimate the market size includes the following details:

Top-Down

  • Calculations for the market size have been based on the revenues of key companies identified in the market, which dominated the overall market size. This overall market size has been used in the top-down procedure to estimate the sizes of other individual markets (mentioned in the market segmentation) via percentage splits derived using secondary and primary sources.
  • All macroeconomic and microeconomic factors affecting the growth of the market were considered while estimating the market size.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
  • For the calculation of market shares of each market segment, the size of the most appropriate and immediate parent market has been considered for implementing the top-down procedure. The bottom-up procedure has also been implemented for data extracted from secondary research to validate the market sizes obtained for each segment.

Bottom-Up

  • With the bottom-up approach, food colors for each type, form, and application were added up to arrive at the global and regional market size and CAGR.
  • The pricing analysis was conducted based on types in regions. From this, we derived the market sizes, in terms of volume, for each region and type of food colors.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • The bottom-up procedure has been employed to arrive at the overall size of the market from the revenues of key players (companies) and their product share in the market.
  • The market share was then estimated for each company to verify the revenue share used earlier in the bottom-up procedure. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent and each individual market have been determined and confirmed in this study. The data triangulation procedure implemented for this study is explained in the next section.

Global Market Size: Bottom-Up Approach

Food colors Market Bottom-Up Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into the product type segment and application segment. To estimate the overall food colors and arrive at the exact statistics for all subsegments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Report Objectives

  • Determining and projecting the size of the global market with respect to type, application, form, solubility and region, over a five year period ranging from 2021 to 2026.
  • Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across the key regions
  • Analyzing the demand-side factors on the basis of the following:
    • Impact of macro- and micro-economic factors on the market
    • Shifts in demand patterns across different subsegments and regions
  • Identifying and profiling the key market players in this market
  • Determining the market share of key players operating in the food color market
  • Providing a comparative analysis of the market leaders on the basis of the following:
    • Product offerings
    • Business strategies
    • Strengths and weaknesses
    • Key financials
  • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions
  • Providing insights on the trade scenario

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Segment Analysis

  • A further breakdown of food colors in applications such as pet food applications.

Geographic Analysis

  • A further breakdown of the Rest of South American food color market, by key countries such as Colombia, Chile, Venezuela, and Peru.
  • Further analysis of the South American market can be included in the market analysis for food colors.

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Report Code
FB 2380
Published ON
Apr, 2021
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