Market Snapshot
| Study Period: | 2016 - 2026 |
| Base Year: | 2020 |
| CAGR: | 3.88 % |
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Market Overview
Brazil food colorants market is projected to grow at a CAGR of 3.88% during the forecast period 2020-2025.
- Brazil is one of the most dynamic markets for food colorants attributable to their immense interest in natural food colors. During the recent years a large proportion of the population in brazil, especially children and the elderly have had particularly adverse reactions to dyes in foods, such as those found in flavored yogurts. This, in turn, has prompted the demand for natural food colors derived from jabuticaba, jambu, jamelão, and other tropical fruits in the country.
- The brazil food colorants market is escalated by growing demand for food colorants in industries such as confectionery, dairy and ice-cream, and others.
Scope of the report
The Brazil food colorants market is segmented on the basis of type as natural and synthetic. By application, the market studied is segmented into, meat products, dairy, bakery, confectionery, beverages, and others.
| Type | |
| Natural | |
| Synthetic |
| Application | |
| Meat Products | |
| Bakery | |
| Dairy | |
| Beverages | |
| Confectionery | |
| Others |
Key Market Trends
Growing Demand For Free-From Food and Beverages Products
An increasing number of consumers across the country are going vegan and demanding food products that are free from preservatives, artificial colors, artificial flavors, and others. This is largely attributable to the increasing number of consumers suffering from food allergies. This has pushed an increasing number of food and beverages to bring food and beverage products which are free-from on the shelves thus contributing towards the demand for natural colors in the country. For example, in 2019, Danone Brazil entered the soft drink industry by launching 4U, a range of premium carbonated juices and flavored teas (preservative-free and free- from artificial colors) to meet the growing demand for healthy beverages.
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Growing Demand For Food Colors in the Meat Substitutes Market
The Brazilian meat substitutes market is expanding rapidly, so the market for food colors in the meat substitute market space. The red food coloring range has been serving the plant-based meat market and is expected to grow rapidly in the near future. The primary challenge in coloring the plant-based meat analogs is to find the right balance between heat stability and maintaining the desired shade of the color. Global food colors manufacturers such as Givaudan has introduced a range of red color line for meat-based substitutes market. The company's line of red colors is called vegemite veggie red combining beetroot and other natural extracts.
Competitive Landscape
The Brazil food colorants market is highly competitive with the presence of global as well as regional players. Some of the major players in the market include Givaudan, Chr. Hansen A/S, Koninklijke DSM N.V., Sensient technologies, DDW, The Color House, among others.
Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 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 Porters 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 Type
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5.1.1 Natural
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5.1.2 Synthetic
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5.2 Application
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5.2.1 Meat Products
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5.2.2 Bakery
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5.2.3 Dairy
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5.2.4 Beverages
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5.2.5 Confectionery
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Market Position Analysis
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6.2 Most Adopted Strategy
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6.3 Company Profiles
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6.3.1 Givaduan
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6.3.2 Chr. Hansen A/S
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6.3.3 Koninklijke DSM N.V.
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6.3.4 Sensient Technologies
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6.3.5 DDW, The Color House
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6.3.6 Dohler Group SE
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6.3.7 Kalsec Inc
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6.3.8 Denim colourChem
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The Brazil Food Colorants Market market is studied from 2016 - 2026.
What is the growth rate of Brazil Food Colorants Market?
The Brazil Food Colorants Market is growing at a CAGR of 3.88% over the next 5 years.
Who are the key players in Brazil Food Colorants Market?
Givaduan, Chr. Hansen A/S, Koninklijke DSM N.V., Sensient Technologies, DDW, The Color House are the major companies operating in Brazil Food Colorants Market.
