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Global Plant-Based Food Colours Market Share, Size, Analysis, Growth, Forecast: By Type: Carotenoid, Anthocyanin, Chlorophyll, Annatto, Paprika Extract, Spirulina Extract, Turmeric, Beet, Others; By Form: Powder, Liquid; By Application: Beverages, Bakery and Confectionery Products, Others; Regional Analysis; Competitive Landscape; 2023-2028

Global Plant-Based Food Colours Market Outlook

The global market size for plant-based food colours reached a value of more than USD 8.9 billion in 2021. The global plant-based food colours market is expected to grow at a CAGR of 5.4% between 2023 and 2028, reaching a value of USD 12.21 billion by 2027.

 

Key Trends in the Market

Plant-based food colours are artificial colours obtained from natural plant-based sources such as algae, vegetables, fruits, and various others. The added colours help in making food items look attractive, increasing their visual appeal. Different food colourings include traditional food colouring, gel paste dye, powdered dye, liquid colouring, natural food colourings and liquid gel dye. 

 

  • People are shifting their preference to organic and natural food which they believe to be healthier. In order to maintain their overall health, consumers are increasingly demanding organic and plant-based products, profiting the market for plant-based food colours.
  • Vegan diets are being adopted by a large number of people globally. People are also preferring vegetarian diets which has helped in improving the growth in the plant-based food colours market.
  • Vibrant and bright colours with new shades are being added to the food products which is attracting the consumers towards purchasing the food items, resulting in more manufacturers experimenting with food colours.

 

Market Analysis

Based on type, the market can be divided into carotenoid, anthocyanin, chlorophyll, annatto, paprika extract, spirulina extract, turmeric, and beet, among others. On the basis of form, the market is bifurcated into powder and liquid. By application, the market is categorised into beverages, bakery and confectionery products, dairy products, frozen and packaged products, meat, poultry and seafood, and others. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. 

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global plant-based food colours market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.  

 

  • Givaudan S.A.
  • Oterra A/S
  • Koninklijke DSM N.V.
  • Archer Daniels Midland Company
  • Döhler Group
  • Sensient Technologies Corporation
  • Nactarome S.P.A.
  • Lycored Corp.
  • GNT Group
  • Kalsec, Inc.
  • Others

 

Market Share by Form

Liquid segment is expected to hold the largest share in the plant-based food colours market as it seamlessly blends into food and beverages without requiring additional mixing as needed with powder food colours. Liquid food colouring improves texture, viscosity, visual appeal, stability, and shelf life of the food products, with or without affecting the taste, which is another factor for the rise in demand for the liquid segment. Moreover, it is expected to observe more growth owing to the increasing demand for the property of high microbial stability. 

 

Market Share by Region

North America consumers are increasingly becoming cautious of the health hazards caused by use of artificial food colours and thus the demand for plant-based food colours is rising. The popularity of colour-based food products is also growing which is expected to contribute to the growth of the market for plant-based food colours in North America. 

 

Europe is expected to have a sizable share in the plant-based food colours market owing to an increase in supply of packaged food and beverages in the region. Also, increasing population shift to organic and vegan diets to maintain a good health is also impacting the market positively, helping the market grow rapidly in Europe. 

 

Competitive Landscape

Givaudan S.A. was established in 1895 and is headquartered in Vernier, Switzerland. The company manufactures fragrances, cosmetic ingredients, and flavours obtained from synthetic and natural ingredients. 

 

Oterra A/S founded in 2014 is headquartered in Horsholm, Denmark. It is a global company that provides its consumers with colours that are obtained from nature and then used in beverage, pet food, food, and dietary supplements. 

 

Archer Daniels Midland Company was founded in 1902 and is based out of Illinois in the United States. It is an American food processing and commodities trading company that manufactures flavours and colours for supplements, food, and beverages. 

 

Other market players include Koninklijke DSM N.V., Döhler Group, Sensient Technologies Corporation, Nactarome S.P.A., Lycored Corp., GNT Group, and Kalsec, Inc., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Form
  • Application
  • Region
Breakup by Type
  • Carotenoid
  • Anthocyanin
  • Chlorophyll
  • Annatto
  • Paprika Extract
  • Spirulina Extract
  • Turmeric
  • Beet
  • Others
Breakup by Form
  • Powder
  • Liquid
Breakup by Application
  • Beverages
  • Bakery and Confectionery Products
  • Dairy Products
  • Frozen and Packaged Products
  • Meat, Poultry, and Seafood
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Givaudan S.A
  • Oterra A/S
  • Koninklijke DSM N.V.
  • Archer Daniels Midland Company
  • Döhler Group
  • Sensient Technologies Corporation
  • Nactarome S.P.A.
  • Lycored Corp.
  • GNT Group
  • Kalsec, Inc
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Market Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Industry Opportunities and Challenges
8    Global Plant-based Food Colours Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Plant-based Food Colours Historical Market (2018-2022) 
    8.3    Global Plant-based Food Colours Market Forecast (2023-2028)
    8.4    Global Plant-based Food Colours Market by Type
        8.4.1    Carotenoid
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Anthocyanin
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Chlorophyll
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Annatto
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Paprika Extract
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2022)
            8.4.5.3    Forecast Trend (2023-2028)
        8.4.6    Spirulina Extract
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2018-2022)
            8.4.6.3    Forecast Trend (2023-2028)
        8.4.7    Turmeric
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2018-2022)
            8.4.7.3    Forecast Trend (2023-2028)
        8.4.8    Beet
            8.4.8.1    Market Share
            8.4.8.2    Historical Trend (2018-2022)
            8.4.8.3    Forecast Trend (2023-2028)
        8.4.9    Others
    8.5    Global Plant-based Food Colours Market by Form
        8.5.1    Powder
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Liquid
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global Plant-based Food Colours Market by Application
        8.6.1    Beverages
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Bakery and Confectionery Products
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Dairy Products
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Frozen and Packaged Products
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Meat, Poultry, and Seafood
            8.6.5.1    Historical Trend (2018-2022)
            8.6.5.2    Forecast Trend (2023-2028)
        8.6.6    Others
    8.7    Global Plant-based Food Colours Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022)
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Plant-based Food Colours Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Plant-based Food Colours Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Plant-based Food Colours Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Plant-based Food Colours Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Plant-based Food Colours Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Givaudan S.A
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Oterra A/S
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Koninklijke DSM N.V.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Archer Daniels Midland Company
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Döhler Group
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Sensient Technologies Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Nactarome S.P.A.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Lycored Corp.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    GNT Group
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Kalsec, Inc
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Plant-based Food Colours Market: Key Industry Highlights, 2018 and 2028
2.    Global Plant-based Food Colours Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Plant-based Food Colours Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Plant-based Food Colours Historical Market: Breakup by Form (USD Million), 2018-2022
5.    Global Plant-based Food Colours Market Forecast: Breakup by Form (USD Million), 2023-2028
6.    Global Plant-based Food Colours Historical Market: Breakup by Application (USD Million), 2018-2022
7.    Global Plant-based Food Colours Market Forecast: Breakup by Application (USD Million), 2023-2028
8.    Global Plant-based Food Colours Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global Plant-based Food Colours Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America Plant-based Food Colours Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America Plant-based Food Colours Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe Plant-based Food Colours Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe Plant-based Food Colours Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific Plant-based Food Colours Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific Plant-based Food Colours Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America Plant-based Food Colours Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America Plant-based Food Colours Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa Plant-based Food Colours Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa Plant-based Food Colours Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Global Plant-based Food Colours Market Structure

Key Questions Answered in the Report

What was the size of the global plant-based food colours market in 2021?

The global market size for plant-based food colours reached a value of more than USD 8.9 billion in 2021.

What is the growth rate of the global plant-based food colours market?

The market is expected to grow at a CAGR of 5.40% between 2023 and 2028.

What are the major global plant-based food colours market drivers?

The major market drivers are growing preference of natural food additives, health benefits, and wide variety of plant-based food colours available.

What is the expected market size by 2027?

The global market size for plant-based food colours is expected to reach a value of more than USD 12.21 billion by 2027.

What are the key trends of the market?

The key trends of the market are shifts to vegan and vegetarian diets, increase in intake of organic food products, and use of vibrant colours.

Who are the key market players?

Key market players include Givaudan S.A., Oterra A/S, Koninklijke DSM N.V., Archer Daniels Midland Company, Döhler Group, Sensient Technologies Corporation, Nactarome S.P.A., Lycored Corp., GNT Group, and Kalsec, Inc., among others.

What is plant-based food colour?

Plant-based food colours are artificial colours obtained from natural plant-based sources such as algae, vegetables, fruits, and various others.

What are the benefits of plant-based food colours?

The added colours help in making the food look attractive which makes it visually appealing, encouraging purchase and consumption by the public.

How is the market segmented?

The global plant-based food colours market is segmented based on type, form, application, and region.

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