Market Size of Africa Food Colorants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
| Market Concentration | Low |
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.
