The global demand for Food Color in Confectionary Application Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2020 and foreseen to touch XX Kilo Tons by 2027 with a CAGR of XX% during 2021-2027.
Food color in confectionery application includes dyes, pigments, or other chemical substances added to confectionery products to impart color. Coloring is mainly done to make the products appealing, appetizing, offset the loss of color due to environmental impact, and help consumers easily identify the product. Food colors can either be from natural sources or be created in laboratories using chemicals. Natural food colors are used in a wide range of sugar confectionery products like candies, tablets, gummies, pectin-based candies, panned candies, and gums. Food colors used in confectionery are subject to stringent government testing throughout the world.
Rapid urbanization and increased consumption of confectionery products are the main drivers for the growth of this market. Increasing competition and the rising need to enhance product appeal will stimulate market growth. Growing awareness about the health hazards of artificial colors and inclination toward environment-friendly products will drive the demand for natural food colors. Continued research in studying the link reported between artificial food colors and behavioral problems in children will boost the market growth. Stringent regulations imposed by governments in using food colors, health hazards of artificial food colors, and lack of resources to manufacture enough natural colors to meet the confectionery industry's demand are the main constraints hampering the growth of the food colors market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of food color in confectionary application.
This section of the food color in confectionary application market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service..
This section covers regional segmentation which accentuates on current and future demand for Food Color in Confectionary Application market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Food Color in Confectionary Application Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the food color in confectionary application market include ADM, Kalsec Inc., FMC Corporation, Döhler, Sensient Technologies, Naturex, Danisco, Lycored, Frutarom, DuPont, DDW, The Color House. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.