Brazil Natural Food Color Market Size & Outlook, 2022-2030
Brazil natural food color market, 2017-2030 (US$M)
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Brazil natural food color market highlights
- The Brazil natural food color market generated a revenue of USD 30.9 million in 2022 and is expected to reach USD 59.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.5% 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 30.9 million |
| Market revenue in 2030 | USD 59.5 million |
| Growth rate | 8.5% (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, Brazil accounted for 2.3% 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: U.S. , UK , Japan , South Africa , Argentina
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Natural Food Color Market Scope
Natural Food Color Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 20.71% in 2022. Horizon Databook has segmented the Brazil 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.
According to an article published in Frontiers in Public Health in 2022, 14% of the Brazilian population identifies as vegetarians, along with increasing vegan product consumption. This is a major driving factor for the growth of the natural food color market. As more consumers seek plant-based and cleanlabel options, the demand for natural food colors derived from fruits, vegetables, and other plantbased sources is on the rise.
The food manufacturing industry in Brazil is witnessing a notable surge in the adoption of natural food colorants in response to this demand. For instance, local plant-based startup Fazenda Futuro's introduction of vegan sausages enriched with beetroot color and a seaweed casing exemplifies how food companies are embracing natural alternatives over artificial additives.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil natural food color market , including forecasts for subscribers. This country databook contains high-level insights into Brazil natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil natural food color market size, by ingredient, 2017-2030 (US$M)
Brazil Natural Food Color Market Outlook Share, 2022 & 2030 (US$M)
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