Market Size of Europe Food Colorants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.80 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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EU Food Colorant Market Analysis
Europe food colorant market is projected to grow at a CAGR of 3.8% during the forecast period (2020 - 2025).
- In the European Union, food colors are regulated as food additives, under a comprehensive set of regulations, for food improvement agents. Presently, in the European Union, 39 colors are authorized as color additives, for usage in foods. The European food colorants market continues to capture the largest market share, due to the growing demand for clean label foods and health awareness
- Anthocyanin and betalain pigments are mostly used for producing red, purple, pink, and blue colors, and the demand for anthocyanin in Europe is expected to stimulate the demand over next five years.
EU Food Colorant Industry Segmentation
Europe Food Colorants Market is segmented By Type into Natural Color and Synthetic Color; By Application into Beverage, Dairy & Frozen Product, Bakery, Meat, Poultry & Seafood, Confectionery,and Others & Geography
By Product Type | |
Natural Color | |
Synthetic Color |
By Application | |
Beverage | |
Dairy & Frozen Product | |
Bakery | |
Meat, Poultry & Seafood | |
Confectionery | |
Others |
Geography | |
Spain | |
United Kingdom | |
Germany | |
France | |
Italy | |
Russia | |
Rest of Europe |
Europe Food Colorants Market Size Summary
The European food colorants market is experiencing significant growth, driven by the increasing demand for clean label foods and heightened health awareness among consumers. The market is regulated under stringent EU guidelines, with a variety of color additives approved for use in food products. The preference for natural colorants, such as anthocyanin and betalain pigments, is on the rise, particularly in the United Kingdom, where consumers associate natural products with superior quality. This trend is further fueled by the availability of raw materials like fruits and vegetables, which are integral to the production of natural food colorants. The growing health consciousness is prompting consumers to incorporate more natural products into their diets, thereby boosting the application of natural food colorants in the food and beverage industry.
The European food colorant market is characterized by its fragmented nature, with numerous global and local players competing for market share. Companies such as Royal DSM, BASF SE, and Chr. Hansen A/S are actively engaged in product innovation and expansion to meet the evolving consumer preferences. These companies are also pursuing strategic acquisitions and partnerships with local players to enhance their market presence and introduce new products. The focus on innovation in natural food colors aims to address the challenges faced by the food industry, ensuring that companies can meet the growing demand for natural and health-conscious food colorants.
Europe Food Colorants Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Natural Color
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2.1.2 Synthetic Color
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2.2 By Application
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2.2.1 Beverage
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2.2.2 Dairy & Frozen Product
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2.2.3 Bakery
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2.2.4 Meat, Poultry & Seafood
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2.2.5 Confectionery
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2.2.6 Others
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2.3 Geography
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2.3.1 Spain
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2.3.2 United Kingdom
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2.3.3 Germany
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2.3.4 France
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2.3.5 Italy
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2.3.6 Russia
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2.3.7 Rest of Europe
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Europe Food Colorants Market Size FAQs
What is the current Europe Food Colorants Market size?
The Europe Food Colorants Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)
Who are the key players in Europe Food Colorants Market?
Royal DSM, BASF SE, Chr. Hansen A/S, Sensient Technologies and Dohler Group Se are the major companies operating in the Europe Food Colorants Market.