Global Food Colorants Market - Global Demand, Sales, Consumption and Forecasts to 2026
Summary - A new market study, titled “ Global Food Colorants Market - Global Demand, Sales, Consumption and Forecasts to 2026” has been featured on WiseGuyReports.
Global Food Colorants Market
Research Report—Forecast till 2025
Market
Overview
The Global
Colorants Market is accounted to register a CAGR of 5.4% during the review
period. Colorants are used in the manufacturing of clothes, beverages, and
others. Colorants are also applicable in many industrial applications such as
to color ceramics, photographs, plastics, prints, paints, and clothes.
The
colorants market is projected to reach USD 70 billion by 2025, owing to the
growing population in recent years, growing disposable income, which is coupled
with the rising consumer spending on fashionable garments and packaged food
products. The key factors propelling the growth of the global colorants market
are edible color to enhance the texture and appearance of the food products. Rising
adoption of food colorant in epicure dishes is evaluated to expand the scope of
colorant application. Furthermore, the hair care industry is further accounted
to propel the colorant market during the review period owing to the growing
prevalence of grey hair among the young working population because of improper
diet and stress.
Segmentation
Analysis
The global
colorants market has been categorized based on composition, source, types,
end-use industry, and region
Based on
the composition segment, the market has been divided into organic and
inorganic. By source segment, the global colorants market has been categorized
into natural and synthetic. Based on types, the global colorants market has
been classified into dyes, pigments, coatings, masterbatches, inks, paint, and
others.
Based on
the end-use industry, the market has been segregated into textiles, packaging,
pharmaceutical, personal care, building & construction, foods &
beverages, automotive, paper & printing, and others.
Regional
Analysis
The global
colorants market, based on region, has been segmented into North America, Latin
America, Europe, Asia-Pacific, and the Middle East & Africa.
Asia-Pacific
is the largest market of colorants owing to the requirement in numerous end-use
industries such as packaging, textiles, agriculture, building &
construction, food & beverage particularly in China, India, Japan, South
Korea, and Southeast Asian countries. Moreover, the rising demand for the food
& beverage industry in India, Taiwan, and South Korea in Asia-Pacific is
expected to drive the regional colorant market to large applications of
pigments and dyes in various industries.
Europe is
anticipated to exhibit the second largest market share of the global colorants
market owing to large applications of pigments and dyes in various industries.
The regional market growth is attributed to significant growth of the food and
beverage segment, automotive and agricultural industry during the research
period.
Furthermore,
North America, Latin America, and the Middle East & Africa are estimated to
witness the growth of in colorants market during the review period owing to
various applications of colorants in industries such as textiles, packaging,
pharmaceutical, personal care, building & construction, foods &
beverages, automotive, paper & printing, and others.
Major
Players
The Major
Players in the Global Smart Diapers Market include Cabot Corporation (US), I.
du Pont de Nemours & Company (US), BASF SE (Germany), Huntsman Corporation
(US), DIC Corporation (Japan), Sun Chemical Corporation (US), Clariant AG
(Switzerland), LANXESS AG (Germany), Flint Group (Europe), and PolyOne Corporation
(US).
COVID 19
Impacts
We are
continuously tracking the impact of COVID-19 pandemic on various industries and
verticals within all domains. Our research reports include the same and help
you understand the drop and rise, owing to the impact of COVID-19 on the
industries. Also, we help you to identify the gap between the demand and supply
of your interested market. Moreover, the report helps you with the analysis,
amended government regulations and many other useful insights.
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