Lucintel's latest market report analyzed that natural food colorant provides attractive opportunities in the bakery & confectionery, beverage, dairy & frozen product, meat product, oil & fat, fruit & vegetable markets. The natural food colorant market is expected to reach $6.4 billion by 2028 with a CAGR of 6.5%. In this market, carotenoids is the largest segment by product, whereas beverages is largest by application.
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Based on product, the natural food colorant market is segmented into carmine, curcumin, anthocyanins, carotenoids, copper chlorophyllin, and others. The carotenoids segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, owing to its easy availability and is used in wide range of applications in food and beverage products.
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The Natural Food Colorant Market is marked by the presence of several big and small players. Some of the prominent players offering natural food colorant include Archer Midland Daniels, Allied Biotech Corporation, EQT AB, DDw The Color House, Diana Food, Dohler, Aromata Group, Incoltec, GNT Group, and DSM.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.