Natural and Synthetic Food Colors Market – Global Market Research & Analysis Unveiled by Technavio

LONDON–(BUSINESSWIRE)–

Chr. Hansen, D.D. Williamson, and Döhler Group are three key vendors highlighted in a new Technavio report

Technavio has published a new report on the global natural and synthetic food colors market, which is expected to grow at a CAGR of more than 5% from 2015-2019.

Natural and synthetic food colors market segmentation including application and geography

Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different applications, including pet foods, beverages, processed foods, baked goods, meats, and savories.

Additionally, analysts have segmented market projections by key geography, focusing on the APAC region, Europe, North America, and ROW.

“The growing demand from consumers for organic food is compelling vendors in the food industry to focus more on consumers’ health concerns by conducting extensive research to develop innovative products,” says Faisal Ghaus, Vice President of Technavio.

Natural and synthetic food colors: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the global natural and synthetic food colors market from 2015-2019. To calculate the market size, we use revenue generated both from the market as a whole from two segments, namely natural food colors and synthetic food colors.

Industry analysis includes:

Key Vendors:
- Chr. Hansen
- D.D. Williamson
- Döhler Group
- Fiorio Colori
- Sensient Technologies
Market Growth Drivers:
- Increase in demand for processed food
- Government regulations in favor of natural food colors
Market Challenges:
- High cost of natural food coloring ingredients
- Growing consumer awareness of ill effects of synthetic food colors
Market Trends:
- Shift from synthetic to natural food colors
- Increase in demand from APAC for ready-to-eat meals