(Food-Beverage-News.Com, January 09, 2017 ) According to the report Food Colors Market published by Market Data Forecast, the global market is projected to reach USD 3544.33Million by 2021, at a CAGR of 8.2% from 2016 to 2021.
Natural or synthetic food colours can be used in several food industries. Primarily, synthetic colours lead the market, though natural colours were at a preliminary phase.Players in the market contend on the basis of aspects such as quality, sturdiness, flavour and the colour variations and brightness of the product.
Rising consumption for packed, ready-to-eat meals, confectionery and baked goods, particularly in the developing countries is driving the use of food colours.The market is driven by the natural colours and is anticipated to grow faster than the synthetic and nature identical colours.The market is also fuelled by effortlessly available raw materials which comprises of fruits & vegetables.
Various companies are contributing for this market such as LycoRed, DD Williamson, Archer Daniels Midland Company (U.S.), Sethness Products,Fiorio Colori, Chr. Hansen S/A (Denmark), RohaDyechem, 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.).
About Market Data Forecast: Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation thats trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.
