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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.
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.
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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.
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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.
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.
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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.
REPORT FEATURES | DETAILS |
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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:
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Breakup by Type |
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Breakup by Form |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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
The global market size for plant-based food colours reached a value of more than USD 8.9 billion in 2021.
The market is expected to grow at a CAGR of 5.40% between 2023 and 2028.
The major market drivers are growing preference of natural food additives, health benefits, and wide variety of plant-based food colours available.
The global market size for plant-based food colours is expected to reach a value of more than USD 12.21 billion by 2027.
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.
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.
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 the food look attractive which makes it visually appealing, encouraging purchase and consumption by the public.
The global plant-based food colours market is segmented based on type, form, application, and region.
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