The global demand for Natural Blue Food Coloring 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 KT in 2020 and foreseen to touch XX KT by 2027 with a CAGR of XX% during 2021-2027.
Natural blue food coloring is a dye derived from natural materials such as plant leaves, roots, bark, insect secretions, and minerals. Blue is the most elusive color in the edible world. Earlier, natural blue dyes were made from plants; usually woad, indigofera tinctoria, true indigo. Nowadays, raw blue food coloring is obtained from phycocyanin.
Rising consumer preference for natural food ingredients has increased in recent decades. Environmental issues in the production and application of synthetic dyes have boosted consumer interest in natural dyes. A blue shades colorant is approved and in use, but there is still a lack of available blue and natural colorant options. The availability of blue-colored compounds in the natural world is rare. They cannot fulfill the enormous demand due to a lack of raw material. Various research efforts have been undertaken across the world to address the shortcomings of natural dyes, given the tremendous environmental advantage they offer. A rapid research stride for the exploration of natural sources is anticipated to bring new opportunities for the 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 natural blue food coloring.
This section of the natural blue food coloring 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..
- Food Grade
- Pharmaceutical Grade
- Cosmetic Grade
- Natural Food Colorant
- Pharmaceutical Industry
This section covers regional segmentation which accentuates on current and future demand for natural blue food coloring 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.
Europe Natural Blue Food Coloring Market by Revenue (USD MN)
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 natural blue food coloring market include DIC, Japan Algae, Parry Nutraceuticals, Ozone Naturals, EcoFuel Laboratories, Nan Pao International Biotech, King Dnarmsa Spirulina, Zhejiang Binmei Biotechnology, Wuli Lvqi, NorlandS. 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.