Synthetic Food Colorant Market Share

Market Share of Synthetic Food Colorant Industry

The global synthetic food colorants market is competitive and comprises local and international competitors. Players in the market compete using various strategies ranging from expanding their production facilities to maintaining food safety guidelines and other such strategies. Sensient Technologies Corporation, Vibfast Pigments Pvt. Ltd and Red Sun Dye Chem are some major players operating in the market that hold dominant positions, closely followed by Roha Group and Neelikon. Among the strategies, expansion is the most preferred strategy by the prominent players in the global synthetic food colorants market. The market players are expanding their product portfolios and distribution networks or opening innovation centers to cater to the demand of food manufacturers. The companies are opening new facilities, research centers, and offices worldwide. For instance, in November 2023, International Flavors & Fragrances expanded its first dedicated food and beverage lab in Gangnam, Seoul, South Korea.

Synthetic Food Colorant Market Leaders

1. Sensient Technologies Corporation

2. Vibfast Pigments Pvt. Ltd

3. Red Sun Dye Chem

4. Roha Group

5. Neelikon

*Disclaimer: Major Players sorted in no particular order