Middle East & Africa Food Colors Market Size & Outlook
Middle East & Africa food colors market, 2018-2030 (US$M)
Related Markets
MEA food colors market highlights
- The MEA food colors market generated a revenue of USD 159.7 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, natural was the largest revenue generating type in 2023.
- Natural is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 159.7 million |
| Market revenue in 2030 | USD 214.9 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic, Nature-identical, Caramel |
| Key market players worldwide | Basf SE, Cargill, DuPont de Nemours Inc, Givaudan SA, Koninklijke DSM NV, Chr. Hansen, EXBERRY, LycoRed |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.1% of the global food colors market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,344.2 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Food Colors Market Scope
Food Colors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa food colors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food colors market will help companies and investors design strategic landscapes.
Natural was the largest segment with a revenue share of 39.64% in 2023. Horizon Databook has segmented the Middle East & Africa food colors market based on natural, synthetic, nature-identical, caramel covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa food colors market databook
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Our clientele includes a mix of food colors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa food colors market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa food colors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA food colors market size, by country, 2018-2030 (US$M)
Middle East & Africa Food Colors Market Outlook Share, 2023 & 2030 (US$M)
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