South Korea Food Colors Market Overview, 2028

South Korea Food Colors Market Overview, 2028

The South Korean food colour market is a dynamic industry that plays a significant role in the country's culinary landscape. Known for its rich and diverse cuisine, South Korea embraces a wide array of vibrant food colours that not only enhance the visual appeal of dishes but also contribute to their unique flavours and textures. Natural ingredients, traditional recipes, and modern innovations converge to create a market that caters to the growing demand for visually stunning and delicious food products. The history of the South Korean food colour market can be traced back to the traditional culinary practises of the country, which have always placed great emphasis on visual presentation. Korean cuisine, known for its vibrant colours and balanced flavours, has a long history dating back thousands of years. The use of natural ingredients, including a wide variety of vegetables, fruits, and herbs, has been a hallmark of Korean cooking since ancient times. Food colours in South Korea were derived from natural sources such as plants, flowers, and roots. As South Korea went through periods of cultural exchange and trade with neighbouring countries, it also adopted certain food colour influences. With the advent of modernization and technological advancements in the 20th century, the food colour market in South Korea experienced significant changes. Synthetic food dyes, which offered a wider range of vibrant and consistent colours, became more prevalent. In recent years, there has been a growing shift towards natural food colours in response to consumer demand for healthier and more sustainable options. This trend aligns with the broader global movement towards clean labelling and natural ingredients.

According to the research report South Korea Food Colour Market Overview, 2028, published by Bonafide Research, the South Korea Food Colour Market is expected to grow at more than 7% CAGR from 2023 to 2028. Consumer demand for visually appealing and vivid food products has been a major driver of the South Korean food colour market. Consumers are increasingly looking for culinary experiences that are both tasty and aesthetically appealing. The need for aesthetically pleasing dishes, whether in restaurants, packaged foods, or home-cooked meals, has boosted the demand for food colours that improve the visual appeal of culinary creations. With a greater emphasis on health and wellbeing, people are becoming more aware of the components in their food. As an alternative to synthetic food dyes, there is a growing need for natural food colours generated from plant-based sources. Natural food colours are viewed as healthier and more ecologically friendly alternatives, coinciding with the clean labelling and clean eating movements. Colour is important in South Korean culture, where aesthetically pleasing foods are viewed as a show of hospitality and care. Traditional Korean cuisine's rich colours, such as the red of gochujang and the colourful selection of banchan (side dishes), contribute to a visually pleasant and memorable dining experience. The need for food colours that allow professionals and home cooks to replicate traditional meals is driven by the preservation and celebration of these cultural traditions. Advances in food processing technology have increased the number of food colours on the market. The development of novel extraction processes and technology has enabled more efficient and cost-effective extraction of bright colours from natural sources. Furthermore, advances in food formulation and manufacturing procedures have enhanced food colour stability and shelf life, allowing them to be employed in a broader range of culinary applications. Based on the types, which include natural colour, synthetic or artificial colour, and naturally identical colour, among them the natural colour holds the highest market share. Traditional Korean cuisine emphasises natural foods and brilliant colours coming from plant sources. The preservation of the authenticity and cultural history of Korean food is an important factor in the desire for natural food colours. Customers love the link to traditional recipes as well as the use of natural colourants, which have been used in Korean culinary traditions for ages. When compared to their synthetic counterparts, natural food colours are frequently regarded as being better for the environment. As supportability turns out to be progressively essential to purchasers, regular food colours offer an eco-accommodating elective that diminishes the natural effect related to manufacture food colours. South Korean purchasers, who are known for their consciousness of ecological issues, are more disposed to pick regular food colours to adjust their food decisions to their qualities. Based on the source types, the segment includes plant/animal-based, mineral-based, chemical-based, and microbiological. In the South Korean market, the plant- and animal-based segment is the leading segment.

There are several opportunities and restraints in the South Korean Food colour market. In South Korea, natural food colours stand to greatly benefit from consumers' growing preference for natural and clean-label products. As purchasers become more wellbeing-conscious and look for straightforwardness in fixing records, the interest in normal food tones is probably going to rise. With a flourishing restaurant culture and rising tourism, South Korea's foodservice sector is expanding significantly. This presents a chance for suppliers of food colours to provide a wide range of natural food colours for culinary creations to meet the requirements of cafes, restaurants, and other foodservice establishments. Customers in South Korea are becoming increasingly interested in exploring a wide range of flavours and visual experiences, as well as global cuisines. As the fame of global cooking styles develops, there is a chance for food variety providers to offer various tones that take care of the requests of various cooking styles and culinary styles. Foods from South Korea, including those with vibrant colours that are appealing to the eye, are becoming increasingly popular all over the world. There is an opportunity for South Korean food colour manufacturers to expand their export market by supplying natural food colours to international markets in light of the growing global demand for products with clean labels and natural ingredients. Furthermore, while natural food colours are gaining popularity, there may still be a segment of consumers who associate bright and vivid colours with artificiality and flavour enhancement. Educating consumers about the benefits and safety of natural food colours and changing their perceptions towards natural alternatives can be a challenge. Despite the growing demand for natural food colours, synthetic colours still hold a significant market share in South Korea. The familiarity, cost-effectiveness, and wide range of colours offered by synthetic dyes can pose competition for natural food colours.

Based on the application types, the segment includes processed food products, beverages, bakery and confectionery products, meat, poultry, and Seafood Products, oils and fats, dairy products, pet food, and others. Among all the processed food products, beverages have the highest market share, and in the future, they will grow at the highest growth rate. Due to the rapid expansion of the beverage sector, the presence of natural food colour manufacturers, increased demand for natural colouring agents, and growing awareness of dietary habits to live a healthy lifestyle among consumers are driving market growth in South Korea. Solubility includes the dyes and lakes; among them, the dyes will have the highest growth rate in 2022. Based on the form types segment, which includes liquid powder and gel, the liquid will cover the largest revenue in 2022, rather than the powder and gel, due to the fact that stability, shelf life, and colour performance have all improved as a result of developments in the formulation of liquid food colours. Liquid food colours have been developed by manufacturers that can withstand a variety of processing conditions, including freezing and high temperatures, without significantly deteriorating or losing their colour intensity.

Considered in this report
• Geography: South Korea
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• South Korea Food color market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By type:
• Natural Colors
• Synthetic/ Artificial Colors
• Naturally Identical Colors

By Source:
• Plants & Animals
• Minerals & Chemicals
• Microorganisms

By Application:
• Processed Food Products
• Beverages
• Bakery & Confectionery Products
• Meat, Poultry, and Seafood Products
• Oils & Fats
• Dairy Products
• Pet Food
• Others

By Form:
• Liquid
• Powder
• Gel

By Solubility
• Dyes
• Lakes

The approach of the report
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Food Color industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.