India Food Color Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.30 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Food Color Market Analysis
The Indian food colorants market is projected to witness a CAGR of 5.3% over the forecast period (2020- 2025).
- The food colorants market in the country is dominated by the small-scale food industries, including confectionery, snacks and sweet, and beverage, and some multinational industries.
- Thee Food Safety and Standard Authority of India regulates the food colorants market of the country. At present, the regulatory body only permits eight synthetic food colorants with the limit not exceeding the ADI value, and hence, food manufacturers are allowed to use these chemicals in the food in the restricted amount.
- Synthetic colorants hold a prominent share in the Indian food colorants market, followed by natural colorants. With an increase in the consumer demand, the natural color market is growing at a much faster rate.
India Food Color Market Trends
This section covers the major market trends shaping the India Food Colorants Market according to our research experts:
Easy Availability of Raw Materials
The Indian food colorants market is driven by the easy availability of raw materials, which include fruits and vegetables. In India, the production of fruits and vegetables is high, owing to the presence of a vast production area. Orange colors derived from achiote, saffron, and carrots are highly produced in the country. The changing lifestyle and growth in the economic stability have led to the rising consumer demand for appealing food, thereby leading to the rise in the food colorants market of the country. Therefore, numerous local players are entering the market seeking an opportunity for growth.
Synthetic Colors Dominate the Market
The synthetic food color segment dominates the Indian food colorants market. The consumers of the country prefer the consumption of low-priced food products, which leads to higher utilization of synthetic colors in the processed food industry, as the color of the food plays a significant role in enhancing the visuals and the appetite. The FSSAI, an Indian regulatory body, allows the food colors in different foods. Colors, such as tartrazine, sunset yellow, quinoline yellow, indigo carmine, and amaranth, are the synthetic colors that are widely used in the market studied.
India Food Color Industry Overview
The market holds a significant share of regional players. However, the global players have vast product lines and geographical reach, which gives them an upper hand over the market studied. The most active companies of the market studied include Chr Hansen, DD Williamson, and DSM. The players are engaged in the launch of new strategies, with an aim to entice more consumers to their offerings.
India Food Color Market Leaders
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Chr. Hansen Holding A / S
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D.D. Williamson
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Döhler
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Kalsec Inc
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Kancor
*Disclaimer: Major Players sorted in no particular order
India Food Color Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
- 3.1 Market Overview
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Product Type
- 5.1.1 Natural Color
- 5.1.2 Synthetic Color
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5.2 By Application
- 5.2.1 Beverages
- 5.2.2 Dairy and Frozen Products
- 5.2.3 Bakery
- 5.2.4 Meat, Poultry, and Seafood
- 5.2.5 Confectionery
- 5.2.6 Oils and Fats
- 5.2.7 Other Applications
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Chr. Hansen Holding A / S
- 6.3.2 D.D. Williamson
- 6.3.3 Dohler
- 6.3.4 Kalsec Inc.
- 6.3.5 BASF SE
- 6.3.6 Riken Vitamin Co. Ltd
- 6.3.7 Kancor Ingredients Private Limited
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityIndia Food Color Industry Segmentation
The Indian food colorants market is segmented by type into natural and synthetic. By application, the market is segmented into beverages, dairy and frozen products, bakery, meat, poultry, and seafood, confectionery, oils and fats, and other applications.
| By Product Type | Natural Color |
| Synthetic Color | |
| By Application | Beverages |
| Dairy and Frozen Products | |
| Bakery | |
| Meat, Poultry, and Seafood | |
| Confectionery | |
| Oils and Fats | |
| Other Applications |
India Food Color Market Research FAQs
What is the current India Food Colorants Market size?
The India Food Colorants Market is projected to register a CAGR of 5.30% during the forecast period (2024-2029)
Who are the key players in India Food Colorants Market?
Chr. Hansen Holding A / S, D.D. Williamson, Döhler, Kalsec Inc and Kancor are the major companies operating in the India Food Colorants Market.
What years does this India Food Colorants Market cover?
The report covers the India Food Colorants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Food Colorants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
India Food Colorants Industry Report
Statistics for the 2024 India Food Colorants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Food Colorants analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
