Europe Natural Food Color Market Size & Outlook, 2022-2030
Europe natural food color market, 2017-2030 (US$M)
Related Markets
Europe natural food color market highlights
- The Europe natural food color market generated a revenue of USD 433.9 million in 2022.
- The market is expected to grow at a CAGR of 7.1% 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, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 433.9 million |
| Market revenue in 2030 | USD 752.8 million |
| Growth rate | 7.1% (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, Europe region accounted for 32.7% 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 , UK , U.S. , 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 |
|---|
Europe 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 19.17% in 2022. Horizon Databook has segmented the Europe 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 shift in European consumers' preferences toward natural, simple, and recognizable ingredients is a major driver of the growth of the natural food colors market in Europe. As consumers become more conscious of what they eat, they are actively seeking healthier snack options with all-natural ingredients, particularly in the snack industry.
The demand for products labeled as "no additives or preservatives," "GMO-free," "whole grain," or "all-natural" is on the rise as consumers look for reassurance about the quality and healthiness of their food choices. Food manufacturers are responding by introducing natural food colors sourced from fruits, vegetables, and plant extracts to meet consumer demands, resulting in significant market growth.
For instance, in October 2021, Givaudan announced its acquisition of DDW, The Color House, a prominent natural color company based in the U.S. This acquisition helps Givaudan cater to the growing demand for natural and sustainable ingredients in the food industry. Such strategic initiatives by market players drive growth and innovation in the European natural food color market.
Reasons to subscribe to Europe 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 Europe 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 continent-level data and insights on the Europe natural food color market , including forecasts for subscribers. This continent databook contains high-level insights into Europe natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe natural food color market size, by country, 2017-2030 (US$M)
Europe 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
