Market Size of Argentina Food Colorants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Argentina Food Colorants Market Analysis
Argentina Food Colorants Market is projected to register a CAGR of 4.1%, over the forecast period (2020-2025).
- There has been a marked shift towards the adoption of natural food colorants with an increasing emphasis on clean label ingredients in the Argentine market. Major players active in the country are engaged in product launches and market expansion in the natural colorant space.
- From the supply side, the availability of quality raw materials such as fruits and vegetables and other raw materials has been driving the production of food colorants in the country.