Global Natural Food Colors Market Size is expected to reach USD 2.50 billion by 2025, according to a new report by Grand View Research, Inc. Growing concerns regarding the health hazards associated with synthetic and natural identical colors is expected to drive the demand for the product over the next nine years.
The market is expected to grow on account of increasing penetration of the product in key application industries including beverages, and bakery & confectionery. In addition, the industry is expected to benefit from the stringent regulations passed for the synthetic colors leading to an increasing substitution.
High dependence on raw materials such as fruits, vegetables, and spices, coupled with substantial price fluctuations of the aforementioned products is expected to act as a major deterrent for the market growth. However, the rise in investments in research and development, to increase the production efficiency is expected to drive the demand over the forecast period.
The industry is characterized by the presence of a large number of high volume manufacturers, with a majority of them integrated across product manufacturing to distribution stages of the value chain. In addition, the companies are involved in product distribution primarily through direct distribution as well as third party distribution channels in a bid to expand their market presence.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/natural-food-colors-market
Further key findings from the report suggest:
View Blog on Natural Food Colors Market by Grand View Research: http://www.grandviewresearch.com/blog/natural-food-colors-market-size-trends
Grand View Research has segmented the global natural food colors market on the basis of product, application, and region:
Product Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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