The global natural food colors & flavors market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The companies are launching, developing, and investing in the development of various natural food colors and flavors based on either plants or animals. The market player’s strategies for providing a wide range of products in the market are expected to fuel the market growth over the forecast period. For instance, in April 2022, the Netherlands-based company, GNT launched the first organic colors made with safflower. GNT launched two new organic products. ‘Fruit & Veg Yellow’ is made from organic safflower and organic apple, while ‘Veg’ green is made from organic safflower and organic spirulina. In September 2021, the US Food and Drug Administration (FDA) approved butterfly pea flower extract as a color additive in response to a petition by Sensient’s Color Group. The “exceptionally heat stable,” water-soluble ingredient produces shades ranging from bright blues and intense purples to natural greens, depending on the product’s ph.
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Additionally, in September 2020, Phytolon, an Israel-based fermentation technology firm, closed a $4.1 million funding round led by Millennium Food-Tech, EIT Food, and Consensus Business Group. The company said these funds will go toward expanding the reach of its plant-based food colorings, which are derived from betalains. These are natural plant pigments extracted through fermentation. In May 2020, GNT Group launched two new EXBERRY food colorings that deliver bright orange shades in powder and oil-dispersible formats. Made from paprika and carrot, the new Brilliant Orange products provide solutions for a range of applications. The EXBERRY Shade Brilliant Orange powder is oil-soluble and water-dispersible. It is designed for a broad range of applications including non-aerated confectionery, bakery, and savory products.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Natural Food Colors & Flavors Market Report Segment
By Color Type
- Carmine
- Caramel
- Carotenoids
- Anthocyanin
- Curcumin
- Annatto
- Others (betanin, spirulina, paprika)
By Flavor Type
- Natural Extracts
- Chemicals
- Essential Oils
By Source
- Animal
- Plant
By Application
- Processed Foods
- Beverages
Global Natural Food Colors & Flavors Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global natural food colors & flavors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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