Market revenue in 2022 | USD 54.2 million |
Market revenue in 2030 | USD 100.1 million |
Growth rate | 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. , Japan , South Africa , Argentina
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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 20.3% in 2022. Horizon Databook has segmented the UK 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 government's initiative to discourage the use of common artificial food dyes and promote natural alternatives is a significant driving factor for the growth of the U.K. natural food color market. The U.K. and the European Union have listed six artificial food colors to be avoided, and any food containing these colors must carry a warning label.
The listed artificial food colors include sunset yellow FCF (E110), tartrazine (E-102), carmoisine (E-122), quinoline yellow (E-104), allura red (E-129), and ponceau 4R (E-124). The government's efforts to inform consumers about the potential risks of artificial food dyes have led to a shift in consumer preferences toward products with natural food colors.
Health-conscious consumers will likely opt for clean-label products that use natural colorants derived from plant sources. Moreover, the requirement for warning labels on products containing specified artificial colors encourages food manufacturers to seek natural alternatives.
Horizon Databook provides a detailed overview of country-level data and insights on the UK natural food color market , including forecasts for subscribers. This country databook contains high-level insights into UK natural food color market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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