Spain Natural Food Color Market Size & Outlook, 2022-2030
Spain natural food color market, 2017-2030 (US$M)
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Spain natural food color market highlights
- The Spain natural food color market generated a revenue of USD 36.2 million in 2022 and is expected to reach USD 59.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 6.5% 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 36.2 million |
| Market revenue in 2030 | USD 59.8 million |
| Growth rate | 6.5% (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, Spain accounted for 2.7% 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 Europe, Germany natural food color market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 100.1 million by 2030.
Key Regions: Brazil , U.S. , UK , Japan , 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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Spain 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 18.51% in 2022. Horizon Databook has segmented the Spain 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.
Spain's culinary heritage and diverse gastronomic culture play a significant role in driving the preference for natural food colors in the country. The rich traditions of using locally sourced, fresh, and authentic ingredients have influenced Spanish consumers to prioritize natural and traditional options, including food colors.
Furthermore, the continuous expansion of Spain's food and beverage industry is a key driver for the demand for natural food colors. As the industry grows, manufacturers constantly innovate and introduce new products to meet evolving consumer preferences and market trends. As a member of the European Union, Spain complies with EU regulations on food additives and labeling.
The EU places a strong emphasis on promoting natural and sustainable ingredients in food products, including natural food colors. This focus on clean-label and environmentally friendly solutions aligns with consumer preferences for healthier and more transparent choices.
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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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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 country-level data and insights on the Spain natural food color market , including forecasts for subscribers. This country databook contains high-level insights into Spain natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain natural food color market size, by ingredient, 2017-2030 (US$M)
Spain Natural Food Color Market Outlook Share, 2022 & 2030 (US$M)
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