Africa Food Colorants Industry Overview
| Study Period: | 2018 - 2028 |
| CAGR: | 4.5 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Africa Food Colorants Market Analysis
Africa Food Colorants Market is projected to grow at a CAGR of 4.5% during the forecast period 2020-2025.
- The importance of food colorants has increased in the past few decades with the advent of modern food processing methods, the slightest step of which destroys the natural coloring pigments in food. Adding back what is lost during processing is termed as “food enrichment”; however, this value-addition is fulfilled by food additives. Food colorants constitute an essential part of food additives.
- The shift towards modern lifestyle and an increase in disposable incomes are further instigating the demand for processed food, driving the market for food colorants in Africa.
Africa Food Colorants Industry Segments
Africa Food Colorants Market is segmented by Product, application, and geography. On the basis of the product, the market is segmented into Natural Color and Synthetic Color. On the basis of application, the market is segmented into Beverages, Dairy & Frozen products, Bakery, Meat, Poultry, and Seafood, Confectionery, Oils & Fats and Others. By geography, the report provides a detailed analysis, which includes South Africa, Nigeria, Egypt, and rest of Africa.
| By Product Type | |
| Natural Color | |
| Synthetic Color |
| By Application | |
| Beverages | |
| Dairy & Frozen Products | |
| Bakery | |
| Meat, Poultry and Seafood | |
| Confectionery | |
| Oils & Fats | |
| Others |
| By Geography | |
| South Africa | |
| Nigeria | |
| Egypt | |
| Rest of Africa |
Africa Food Colorants Market Trends
This section covers the major market trends shaping the Africa Food Colorants Market according to our research experts:
Growing Consumption of Beverages
The consumption of beverage has increased tremendously over the years as they now cater to every set of consumers that need health-related products, such as functional foods, enhanced drinks, juices to CSDs (which are for considered to be an indulgence). The growth of the beverage industry directly compliments the growth of the food colorants market since colorant is one of the most important ingredients in most beverages. , which in turn boosting the food colorant market in the region.
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South Africa holds the Largest Market Share in the Market Studied
Demand for clean label foods, easy availability of raw materials for manufacturing food colorants, and the existence of a central body for standardization of products is driving the South African food colorants market. Restraints like, unavailability of natural replacements for synthetic colors, high cost of operation, etc., are heavily influencing the market. Demand for naturally sourced products far supersedes such barriers, and this is expected to boost the South African market for food colorants.
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Africa Food Colorants Market Competitor Analysis
Companies in Africa are innovating by using vitamins and using organic sources as the base in producing food colors in line with the stringent rules by the regulatory body. Some of the major players in the Africa food colorant market are Chr Hansen holdings, D.D. Williamson & Co., Sensient Technologies Corporation, Dohler group among others.
Africa Food Colorants Market Top Players
Aromatagroup Srl
D.D. Williamson & Co.
DSM
Dohler group.
*Disclaimer: Major Players sorted in no particular order
Africa Food Colorants Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Natural Color
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5.1.2 Synthetic Color
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5.2 By Application
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5.2.1 Beverages
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5.2.2 Dairy & Frozen Products
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5.2.3 Bakery
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5.2.4 Meat, Poultry and Seafood
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5.2.5 Confectionery
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5.2.6 Oils & Fats
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5.2.7 Others
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5.3 By Geography
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5.3.1 South Africa
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5.3.2 Nigeria
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5.3.3 Egypt
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5.3.4 Rest of Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Chr Hansen holdings
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6.4.2 D.D. Williamson & Co.
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6.4.3 DSM
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6.4.4 Sensient technologies Corporation
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6.4.5 Dohler group.
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6.4.6 Fiorio Colori S.P.A.
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6.4.7 BASF SE
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*List Not Exhaustive -
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Africa Food Colorants Market Research FAQs
What is the study period of this market?
The Africa Food Colorants Market is studied from 2018 - 2028.
What is the growth rate of Africa Food Colorants Market?
The Africa Food Colorants Market is growing at a CAGR of 4.5% over the next 5 years.
Who are the key players in Africa Food Colorants Market?
Aromatagroup Srl, D.D. Williamson & Co., DSM, Dohler group. are the major companies operating in Africa Food Colorants Market.
Africa Food Colorants Industry Reports
In-depth industry statistics and market share insights of the Africa Food Colorants sector for 2020, 2021, and 2022. The Africa Food Colorants research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Africa Food Colorants report PDF.
