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 |
Key Regions: Brazil , U.S. , UK , Japan , South Africa
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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.
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.
Ingredient | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
North America | 270.6 | 290.7 | 312.8 | 337.0 | 363.5 | 392.6 | 424.7 | 460.2 | 499.3 | 542.5 | 590.4 | 643.5 | 702.5 | 768.2 | 8.8% |
Europe | 321.2 | 340.3 | 360.9 | 383.2 | 407.5 | 433.9 | 462.5 | 493.8 | 527.8 | 565.0 | 605.7 | 650.3 | 699.2 | 752.8 | 7.1% |
Asia Pacific | 229.6 | 248.7 | 269.6 | 292.7 | 318.2 | 346.4 | 377.5 | 412.0 | 450.3 | 492.8 | 540.1 | 592.8 | 651.6 | 717.3 | 9.5% |
Latin America | 61.1 | 65.2 | 69.7 | 74.6 | 80.0 | 85.9 | 92.3 | 99.4 | 107.2 | 115.7 | 125.2 | 135.5 | 147.1 | 159.8 | 8.1% |
MEA | 48.3 | 51.4 | 54.7 | 58.2 | 62.1 | 66.4 | 71.0 | 76.1 | 81.7 | 87.7 | 94.4 | 101.8 | 109.9 | 118.8 | 7.5% |
Overall | 930.7 | 996.2 | 1,067.6 | 1,145.8 | 1,231.3 | 1,325.2 | 1,428.1 | 1,541.4 | 1,666.2 | 1,803.8 | 1,955.7 | 2,123.8 | 2,310.2 | 2,516.9 | 8.4% |
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