Soaring Demand Drives Natural Food Color Market Growth during Forecast Period
Posted by Arslan on March 25th, 2019
A recently compiled Fact.MR report, titled “Natural Food Colors Market Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2028” gives a detailed analysis on the natural food colors market. The information about the natural food colors market is presented in chapter-wise manner in the report. Growth prospects of the natural food colors market has been assessed for the forecast period 2018-2028, and are presented in terms of volume and value (US$ Million). The report provides a comprehensive assessment and prediction on market growth and the competitive landscape of the natural food colors market.
Health-conscious consumers have consistently eschewed artificial/synthetic food colors, insisting on buying food products with natural food colors. The movement towards natural food ingredients pushed the natural food colors market to surpass US$ 7.5 billion in 2018, according to a Fact.MR study. The study predicts that the natural food colors market will continue to witness robust growth with a mounting number of consumers as well as industry players replacing artificial dyes with their natural counterparts.
The customer-focused food industry is undergoing significant changes are consumers critically focusing on food ingredients to gauge their nutrition quotient. Manufacturers in the natural food colors market are picking up on the consumer move-away from synthetic food colors as well as artificially colored food products to capture more sales opportunities.
The Fact.MR study assesses the impact of the latest consumer trends in the food industry along with other macro and microeconomic factors on growth of the natural food colors market during the period 2018-2028.
Natural Food Colors Market in APEJ Region Dominated the Global Market with Over 30% Revenue Share
The Fact.MR study attributes the increasing growth of the food & beverage industry in the Asia Pacific region excluding Japan (APEJ) for a significant upsurge in demand for natural food colors in the region. Rapidly-expanding scope of the food & beverage industry in the APEJ region is becoming an important factor to be reckoned with for natural food colors market players.
The Fact.MR study predicts that the demand for natural food colors will pick up in the latter years of the assessment period. The study also projects that yellow will be the most popular natural food color in the APEJ region, as the carotenoid pigment accounts for nearly 35% revenue share of the natural food colors market in the APEJ region. With a variety of new food and beverage products being launched, the APEJ region will create more lucrative opportunities for natural food color manufacturers in the upcoming years.
Growing Demand for Natural Food Colors Underpinned by Increased Health Concerns
Consumers are becoming extremely conscious about their dietary habits to maintain a healthy lifestyle and combat the increasing prevalence of lifestyle diseases, such as obesity and cardiovascular diseases. This is leading to enhance their focus on food ingredients while purchasing packaged food products. In addition, growing awareness about the negative health impacts of synthetic food colors is driving consumers to purchase food products with natural food colors. Moreover, increasing number of consumers discovering that they are allergic to synthetic food colors is expected to provide an impetus to growth of the natural food colors market in the upcoming years.
Leading Manufacturers Work Towards Improve Shelf Life of Natural Food Colors
The natural food colors market is gaining momentum with increasing demand and consumption across the global food & beverage industry. However, improving the shelf stability of natural food colors, especially their liquid counterparts, is one of the biggest problematic areas for manufacturers in the natural food colors market. Leading stakeholders in the natural food colors market are shifting their focus on research & development to discover advanced procedures to improve shelf life of odorless and flavorless natural food colors to scale higher on the competitive landscape of the market.
To get a free Sample Copy of Report, Visit @ https://www.factmr.com/connectus/sample?flag=S&rep_id=3064
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About the AuthorArslan
Joined: December 18th, 2017
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