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The food colors market is projected to grow at a CAGR of 5.67% to reach US$3.037 billion by 2024, from US$2.182 billion in 2018. Hence, increasing use of food colors in the food and beverage industry will drive the growth of the global food colors market in th
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Food Colors Market Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The food colors market is projected to grow at a CAGR of 5.67% to reach US$3.037 billion by 2024, from US$2.182 billion in 2018. Presentation is the key; hence food colors play an important role for attracting customers providing them a visual appeal leading to the product purchase. A food looking delicious holds importance as much as the taste does. Additionally, food colors also provide nutritional benefits as they are extracted from natural sources and therefore serve as one of the drivers driving the market growth. Apart from flavor and texture, food color also plays an important role in judging the food quality as one of the quality parameters by the quality control professionals in the food industry. Hence, increasing use of food colors in the food and beverage industry will drive the growth of the global food colors market in the coming years.
Key Questions Answered By The Report • What will be Food Colors Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Food ColorsMarket? • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Food Colors Market are : • By Type • Natural food colorsSynthetic food colors • By Product TypePowderSolutions • By Distribution ChannelOnlineOffline
Geography North AmericaUSACanadaMexico South AmericaBrazilArgentinaOthers EuropeGermanyFranceUnited KingdomSpainOthers
Geography Middle East and AfricaSaudi ArabiaOther Asia PacificChinaJapanSouth KoreaIndiaOthers
COMPANY PROFILES • Archer Daniels Midland Company • DuPont Nutrition & Health • Chr. Hansen Holding A/S • DSM • Lycored Corp. • Naturex S.A • Döhler GmbH • AromataGroup s.r.l. • Kalsec Inc. • DDW The Colour House
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