Market Share of Synthetic Food Colorants Industry
The synthetic food colorants market is fragmented, with the presence of a large number of medium and small-sized players. Some leading market players include Neelikon, Roha Group, Sensient Technologies Corporation, Vibfast Pigments Pvt. Ltd, and Red Sun Dye Chem. These players are adopting strategies, such as expansion, partnership, product innovation, and merger and acquisition, to enhance their customer base and geographical presence. For instance, in April 2022, Sensient Technologies Corporation opened its new customer and innovation lab in Somerset, New Jersey. The area was designed to be 21,000-square-foot to promote collaborative R&D and help innovation thrive.
Synthetic Food Colorants Market Leaders
-
Roha Group
-
Sensient Technologies Corporation,
-
Vibfast Pigments Pvt. Ltd
-
Red Sun Dye Chem
-
Neelikon
*Disclaimer: Major Players sorted in no particular order