Argentina Natural Food Color Market Size & Outlook
Argentina natural food color market, 2017-2030 (US$M)
Related Markets
Argentina natural food color market highlights
- The Argentina natural food color market generated a revenue of USD 13.0 million in 2022 and is expected to reach USD 23.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, beta carotene was the largest revenue generating ingredient in 2022.
- Blue Spirulina is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Natural food color market data book summary
| Market revenue in 2022 | USD 13.0 million |
| Market revenue in 2030 | USD 23.3 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Beta carotene |
| Fastest growing segment | Blue Spirulina |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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 market players worldwide | Naturex, Givaudan SA, Basf SE, Sensient Technologies Corp, Archer-Daniels Midland Co, Ingredion Inc, Vivify Health, Roquette America, Allied Biotech, Oterra, Roha Colors Group, Kalsec Inc, DohlerGroup, AromataGroup, IFC Solutions, Australian Food Ingredient Suppliers |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.0% of the global natural food color market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil natural food color market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 59.5 million by 2030.
Key Regions: Brazil , U.S. , UK , Japan , South Africa
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Natural Food Color Market Scope
Natural Food Color Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina 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 22.31% in 2022. Horizon Databook has segmented the Argentina 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.
The restrictions set by the Argentine Food Code and provincial regulations compel food manufacturers to ensure the food colors used in their products meet the approved standards. To avoid using banned or excessive synthetic colorants, manufacturers are motivated to explore natural food color alternatives that comply with the regulatory requirements.
These efforts are also in line with the growing consumer demand for natural and recognizable food ingredients. Furthermore, the demand for plant-based food solutions in Argentina is primarily driven by concerns about food safety, nutrition, and ethical sourcing.
Food dyes derived from plant sources align with the popular ongoing plant-based trend, and companies have been striving to cater to this demand. For instance, Indian-based company Dycron Colour Chem distributes a range of natural food colors in Argentina which are derived from paprika fruits, turmeric roots, annatto seeds, marigold flowers, and leaves.
Reasons to subscribe to Argentina natural food color market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Argentina natural food color market databook
-
Our clientele includes a mix of natural food color market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Argentina natural food color market , including forecasts for subscribers. This country databook contains high-level insights into Argentina natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina natural food color market size, by ingredient, 2017-2030 (US$M)
Argentina Natural Food Color Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
