Market revenue in 2022 | USD 93.8 million |
Market revenue in 2030 | USD 163.4 million |
Growth rate | 7.2% (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 20.36% in 2022. Horizon Databook has segmented the Germany 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 food and beverages industry in Germany is heavily dominated by meat and meat products, dairy, bakery and confectionery, and alcoholic beverages, which collectively cater to the diverse preferences of consumers. With growing awareness of health and wellness, consumers in these sectors are increasingly seeking natural and healthier options in their food choices, thus driving the demand for natural food colors.
As governmental regulations become stricter with regard to synthetic food colors, manufacturers in the food and beverages industry are compelled to seek alternatives to meet consumer demands and comply with safety standards. This has led to an increased interest in natural food colors sourced from fruits, vegetables, and plant-based materials.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany natural food color market , including forecasts for subscribers. This country databook contains high-level insights into Germany natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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