Asia Pacific Natural Food Color Market Size & Outlook
Asia Pacific natural food color market, 2017-2030 (US$M)
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Asia Pacific natural food color market highlights
- The Asia Pacific natural food color market generated a revenue of USD 346.4 million in 2022.
- The market is expected to grow at a CAGR of 9.5% 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.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 346.4 million |
| Market revenue in 2030 | USD 717.3 million |
| Growth rate | 9.5% (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 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, Asia Pacific region accounted for 26.1% of the global natural food color market in 2022.
- Globally, North America 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 717.3 million by 2030.
Key Regions: Brazil , Japan , U.S. , UK , 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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Asia Pacific 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 20.38% in 2022. Horizon Databook has segmented the Asia Pacific 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 play a crucial role in preserving the authenticity and natural appearance of traditional dishes in many Asian cultures. Food is deeply rooted in the cultural heritage of Asian countries, and traditional dishes often carry significant historical and cultural value. By using natural food colors derived from plant, fruit, and vegetable sources, chefs and food manufacturers can maintain the original colors of traditional dishes.
This not only enhances the visual appeal of the food but also reinforces the cultural significance and authenticity of the culinary experience. In Asian cuisines, the vibrant colors of certain ingredients are an integral part of the overall dining experience.
For example, the use of natural red colors in dishes like Indian curries, Chinese roasted meats, or Thai red chili sauces; the green colors in Japanese sushi rolls; or the bright yellow in Indian turmeric-infused dishes all contribute to the authentic presentation and enjoyment of these traditional foods.
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Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific natural food color market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific natural food color market size, by country, 2017-2030 (US$M)
Asia Pacific Natural Food Color Market Outlook Share, 2022 & 2030 (US$M)
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