US Food Colorants Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.54 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Food Colorants Market Analysis
The United States food colorants market is projected to grow at a CAGR of 4.54% during the forecast period (2020 - 2025).
- The United States processed food market holds a significant share of the global market. The visual appeal of food is highly essential to entice the consumer base and color of food is a significant factor while deciding its acceptability of the product, thus, color plays a key role in food and beverage industry of the country by influencing taste thresholds, sweetness, perception, food preference, pleasantness, and acceptability.
- The stringent regulation in the country regarding food colorant restricts the market by reducing the application of synthetic colors owing to their ill effects on human consumption. The government imposed certain synthetic colors to be subject to certification such as FD&C Blue No. 1, FD&C Blue No. 2, FD&C Green No. 3, Orange B, and others.
US Food Colorants Market Trends
This section covers the major market trends shaping the US Food Colorants Market according to our research experts:
Natural Colorants Dominate the Market
The use of natural ingredients such as natural food colorants has seen a tremendous increase in the United States food & beverage industry in recent times driven by regulations restricting the use of synthetic colors. Moreover, as most consumers of the country are turning health-conscious after witnessing a surge in the obesity level and numerous health problems, they are looking for natural ingredients in their products. This is pushing manufacturers to use natural colorants. Additionally, the manufacturers are witnessing huge opportunities for food innovation in the country as a natural colorant industry is still in its nascent stage.
Beverage Application Fuels the Market
The United States is one of the most developed nations and consists of consumers with high disposable income, which drives the beverage market. The increasing application of food colors in beverages, such as flavored drinks, nutritional drinks, and soft drinks, is driving the food colorants market. In CSD (carbonated soft drinks) and non-alcoholic beverages segments bright, vivid, and unusual colors entice the younger generation looking for 'extreme' flavor. Strong and unusual colors in alcoholic beverages also appeal to the United States' consumers. Thus, catering to the application of synthetic as well as natural food colorants in the beverage segment. Numerous research and development of food colorants further cater to the United States beverage market.
US Food Colorants Industry Overview
The United States food colorants market is highly competitive with the presence of numerous global players trying hard to maintain their position in the market. Major companies have an extensive range of product offerings. The players with a natural colorant portfolio are majorly dominating the market. Other players are also trying to incorporate natural colorants into their product ranges, thus, tending towards partnership, mergers, and acquisitions.
US Food Colorants Market Leaders
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Archer Daniels Midland Company
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Chr. Hansen Holding A/S
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Döhler GmbH
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BASF SE
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Sensient Technologies Corporation
*Disclaimer: Major Players sorted in no particular order
US Food Colorants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Synthetic
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5.1.2 Natural
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5.2 By Application
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5.2.1 Beverages
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5.2.2 Dairy
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5.2.3 Bakery
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5.2.4 Meat and Poultry
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5.2.5 Confectionery
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Chr. Hansen Holding A/S
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6.3.2 Sensient Technologies Corporation
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6.3.3 GNT Group B.V.
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6.3.4 Archer Daniels Midland Company
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6.3.5 DDW, Inc.
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6.3.6 BASF SE
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6.3.7 Koninklijke DSM N.V.
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6.3.8 Dohler Group SE
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
US Food Colorants Industry Segmentation
The United States food colorants market is available as natural color and synthetic color. By application, the market is segmented as beverages, dairy, bakery, meat & poultry, confectionery, and others.
By Type | |
Synthetic | |
Natural |
By Application | |
Beverages | |
Dairy | |
Bakery | |
Meat and Poultry | |
Confectionery | |
Others |
US Food Colorants Market Research FAQs
What is the current United States Food Colorants Market size?
The United States Food Colorants Market is projected to register a CAGR of 4.54% during the forecast period (2024-2029)
Who are the key players in United States Food Colorants Market?
Archer Daniels Midland Company, Chr. Hansen Holding A/S, Döhler GmbH, BASF SE and Sensient Technologies Corporation are the major companies operating in the United States Food Colorants Market.
What years does this United States Food Colorants Market cover?
The report covers the United States Food Colorants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Food Colorants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
US Food Colorant Industry Report
Statistics for the 2024 US Food Colorant market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. US Food Colorant analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.