Market Size of Brazil Food Colorants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.88 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Brazil Food Colorants Market Analysis
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.