(Food-Beverage-News.Com, January 06, 2017 ) According to the report North America Food Colours Market published by Market Data Forecast, the market is projected to reach USD 1,034.6 Million by 2021, at a CAGR of 7.61% from 2016 to 2021.
Natural or artificial food colours can be utilised in several food industries. Most importantly, a synthetic colour leads the market, though natural colours were at an initial phase. Players in the market withstand on the basis of aspects such as quality, sturdiness, flavour and the colour variations and brightness of the product.
Increasing consumption for packed, ready-to-eat meals, confectionery and baked goods, especially in the emerging countries is driving the use of food colours. The market is driven by the natural colours and is expected to grow faster than the artificial and nature identical colours. The market is also fuelled by effortlessly accessible raw materials which consist of fruits & vegetables.
Various companies are dominating this market such as LycoRed, DD Williamson, Archer Daniels Midland Company (U.S.), Sethness Products, Fiorio Colori, Chr. Hansen S/A (Denmark), Roha Dyechem, Sensient Technology Corporation (U.S.), Koninklijke DSM N.V. (Netherlands), San-Ei Gen F.F.I. Inc., WILD, DSM, Naturex, Phytone, GNT Group and FMC Corporation (U.S.).
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