Global Bakery and Confectionery Food Colors Market Size, Trends and Growth Opportunity, By Type (Nature Identical, Natural Colors, and Synthetic Colors), By Form (Liquid, Powder, and Gel), By Solubility (Dyes and Lakes), By Application (Food and Beverages, Processed Food, Oils and Fats, Dairy Products, Meat Products, Bakery and Confectionery Products, and Others), By Region and Forecast till 2030.
Global Bakery and Confectionery Food Colors Market
Global Bakery and Confectionery Food Colors Market was valued at USD 3.27 billion in 2022 and is slated to reach at USD 5.57 billion by 2030 at a CAGR of 6.93% from 2023-2030.
Food colours can be found in a range of forms, including liquids, powders, pastes, and gels, and are used to enhance the aesthetic appeal of food. They can be found frequently in bakeries, confectioneries, candy shops, packaged food suppliers, the beverage industry, and other sectors. Food colour refers to any dye, pigment, or chemical that gives food and beverages their colour. Food colouring for pastries and confections is available as liquids, powders, gels, and pastes. Both natural and artificial pigments are available on the market for bakery and confectionary food colouring.
Market Drivers
The market for bakery and confectionery products is growing quickly in the US as a result of growing consumer health concerns. Furthermore, market development is anticipated to be fueled by growing worries about the health dangers associated with the economy's usage of synthetic colours. Due to the growing need for natural alternatives for making pastries, muffins, and custards, the product's demand in the bakery sector is expected to increase dramatically. The appeal of bakery goods is as important to the ingredients used in their production as it is to the consumers. The most common types of food colouring used in food products are pigments and dyes, whereas beverages often use liquid and gel colours. A wide range of products use these colours. Today's bread and confectionary products utilise more colourants than ever before. This will thus have an immediate effect on market revenue.
Market Restraints
Consumers, on the other hand, confront a variety of issues regarding the cost, method, uses, and quality of natural ingredients. Natural compound extraction, a complex and time-consuming technique that depletes some natural compounds while reducing the yield of high purity goods, is a problem. Future years are predicted to see a slowdown in the growth of the food colouring business as a result of this problem.
Market Segmentation
Global Bakery and Confectionery Food Colors Market is segmented into Type, Form, Solubility, and Application. By Type such as Nature Identical, Natural Colors, Carmine, Anthocyanins, Caramel, Annatto, Carotenoids, Chlorophyll, Spirulina, Others, Synthetic Colors, Blue, Red, Green, Yellow, Amaranth, Carmoisine, Others. By Form such as Liquid, Powder, Gel. By Solubility such as Dyes, Lakes. By Application such as Food and Beverages, Processed Food, Oils and Fats, Dairy Products, Meat Products, Bakery and Confectionery Products, Others.
Regional Analysis
Global Bakery and Confectionery Food Colors Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The majority of the worldwide market was dominated by Europe. The growing demand for processed food products in nations like Germany, France, Italy, and Spain is mostly to blame for this region's overwhelming market share. The market for food colours in the region is anticipated to rise as a result of major companies in the food industry investing more money in R&D as well as greater government backing for the food processing industry.
The demand for processed food items is predicted to increase in emerging and developing countries like India, China, Indonesia, and Thailand over the next few years, though, and this will propel the Asia-Pacific region's growth.
Key Players
This report includes a list of numerous Key Players, namely DuPont (U.S.), DSM (Netherlands), ADM (U.S.), International Flavors and Fragrances Inc. (U.S.), Sensient Technologies Corporation (U.S.), Naturex (France), DDW The Color House (U.S.), Döhler GmbH (Germany), Lycored (Israel), Kalsec Inc. (U.S.).
Market Taxonomy
By Type
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook