Market revenue in 2022 | USD 120.9 million |
Market revenue in 2030 | USD 237.2 million |
Growth rate | 8.8% (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 |
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 20.6% in 2022. Horizon Databook has segmented the China 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 expanding food and beverage sector in China plays a significant role in driving the demand for natural food colors in the country. As the food and beverage industry experiences growth, it leads to increased production of a wide range of food products, including beverages, confectionery, snacks, and sauces.
This expanding market provides ample opportunities for the use of natural food colors in various applications. Popular natural food colors in China include red beet extract (red), caramel (brown), turmeric extract (yellow), spirulina extract (blue), gardenia yellow (yellow), and annatto extract (yellow to orange). These colors are used in various food and beverage products, such as fruit juices, beverages, ice creams, sauces, snacks, dairy products, and confectionery.
Horizon Databook provides a detailed overview of country-level data and insights on the China natural food color market , including forecasts for subscribers. This country databook contains high-level insights into China natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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