FORT WORTH, Texas, April 23, 2015 /PRNewswire/ --
The food & beverage colorants market in North America is projected to grow from $642.8 million in 2014 to $809.4 million by 2019, at a CAGR of 4.7%.
Browse through the TOC of the report on the North America food & beverage colorants market, so as to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American food & beverage colorants market, and is supported by various tables and figures.
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Colors are used to enhance the appearance of food and make it preferable. The original color of the product fades when it is processed, which can be restored by the addition of food colorants. Food colors are widely used in applications such as beverages, bakery, confectionary, dairy products, and meat products. The North American food & beverage colorants market is dominated by synthetic colors, but is trending towards natural colors; this is because there is an increase in the health conscious consumers, who demands natural ingredients in food.
The North American food & beverages colorants market is estimated to be dominated by the U.S., followed by Canada in 2014. In U.S., with the rising incidences of foodborne illness and increasing demand for food products, the FDA and other regulatory bodies have incorporated stringent norms for food colors in North America. Poor-quality and synthetic colors can be prove unsuitable and hazardous for human consumption. Additionally, with increase in population, manufacturers are finding substitutes such natural colors to meet the rising demand and food safety norms. Thus, the food safety norms and increased production of the natural colors in North America are indirectly driving the market for food colors.
This report also includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it also presents a competitive landscape and company profiles of the key players in this market.
Europe Food & Beverage Colorants Market accounts for 60% of the global Food & Beverage Colorants along with the North American region. Chr. Hansen Cultures & Enzymes, Naturex Food & Beverage, FMC Corporation and Sensient Food Colors are some of the major companies in the Europe Food & Beverage Colorants market.
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Food & Beverage industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Food & Beverage industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
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