Global Natural Food Color Market Size & Outlook, 2022-2030
Global natural food color market, 2017-2030 (US$M)
Related Markets
Global natural food color market highlights
- The global natural food color market generated a revenue of USD 1,325.2 million in 2022 and is expected to reach USD 2,516.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 8.3% by 2030.
- In terms of segment, beta carotene accounted for a revenue of USD 267.8 million in 2022.
- Blue Spirulina is the most lucrative ingredient segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 1,325.2 million |
| Market revenue in 2030 | USD 2,516.9 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Beta carotene |
| Fastest growing segment | Blue Spirulina |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beta Carotene, Lycopene, Curcumin, Anthocyanin, Carmine, Copper Chlorophyllin, Paprika, Betanin, Riboflavin, Blue Spirulina, Caramel, Annatto |
Other key industry trends
- In terms of revenue, the North America accounted for 29.6% of the global natural food color market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 75.1 million by 2030.
Key Regions: Brazil , U.S. , UK , Japan , South Africa
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Natural Food Color Market Scope
Natural Food Color Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global natural food color 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 natural food color market will help companies and investors design strategic landscapes.
Beta carotene was the largest segment with a revenue share of 20.21% in 2022. Horizon Databook has segmented the Global natural food color market based on beta carotene, lycopene, curcumin, anthocyanin, carmine, copper chlorophyllin, paprika, betanin, riboflavin, blue spirulina, caramel, annatto covering the revenue growth of each sub-segment from 2017 to 2030.
Natural food colors are extracted from fruits & vegetables and organic sources on account of which the health hazards associated with the colors are negligible. However, there are several health benefits associated with colors that are extracted from vegetables & fruits. As fruits & vegetables contain nutrients that are required by the body in abundance, these nutrients are transferred with the color molecules in the solution during the extraction process.
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Target buyers of Global natural food color market databook
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Our clientele includes a mix of natural food color 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global natural food color market , including forecasts for subscribers. This global databook contains high-level insights into Global natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global natural food color market size, by regions, 2017-2030 (US$M)
Top 10 countries: Natural food color market size, 2022 (US$M)
Global natural food color market share, by ingredient, 2022 & 2030 (%, US$M)
Natural food color market: Opportunity assessment by country
Global natural food color market, by region, 2022 (US$M)
Related regional statistics
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