Natural Food Color Market Size, Share & Trends Analysis Report By Ingredient (Beta-carotene, Blue Spirulina, Carmine, Lycopene), By Application (Bakery & Confectionery, Beverages), By Region, And Segment Forecasts, 2023 - 2030

Natural Food Color Market Size, Share & Trends Analysis Report By Ingredient (Beta-carotene, Blue Spirulina, Carmine, Lycopene), By Application (Bakery & Confectionery, Beverages), By Region, And Segment Forecasts, 2023 - 2030

Natural Food Color Market Growth & Trends

The global natural food color market size is expected to reach USD 2.52 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 8.3% from 2023 to 2030. The market's growth is driven by the increasing demand for naturally sourced food colors, and stricter regulations surrounding the use of synthetic colors.

Natural food colors are derived from fruits, vegetables, and organic sources, making them safer for consumption with minimal health hazards. Moreover, these colors offer various health benefits as they contain essential nutrients beneficial for the body. During the extraction process, these valuable nutrients are retained along with the color molecules, contributing to overall well-being by providing important nutrients found in fruits and vegetables.

For instance, curcumin finds applications not only in food coloring but also in pharmaceuticals due to its medicinal properties. Curcumin is commonly used in anti-inflammatory products like ointments and skin creams, as it helps remove dead skin cells and unclog pores. Carrots are another source of natural color, known for their high vitamin A content, which can help prevent night blindness. The orange color or carotenoids extracted from carrots are rich in nutrients and are preferred by consumers globally.

In contrast, synthetic or artificial colors are chemically manufactured and widely used as dyes in the food, pharmaceutical, and cosmetic industries. These colors have been linked to harmful effects on the human body, including allergens and toxic elements that can cause illnesses and serious diseases. Consequently, there are stringent regulations on the use and quantity of synthetic colors in consumables.

Recent years have seen increased awareness about the potential impact of artificial colors on children's behavior and health. The U.S. Food and Drug Administration (FDA) has acknowledged that certain artificial colors, such as Red 40 and Yellow 5, may contribute to hyperactivity and behavioral issues in some children. Animal testing has also suggested a possible link between

Natural Food Color Market Report Highlights

• Based on ingredient, the beta-carotene segment held the largest market share in 2022 owing to its unique color profile in food and beverage applications
• Blue spirulina is expected to emerge as the fastest-growing ingredient segment over the forecast period, owing to rising demand for plant-derived ingredients in food and beverages
• Asia Pacific is estimated to grow significantly over the forecast period owing to growing consumer awareness of naturally sourced ingredients

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