Market Size of China 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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China Food Colorant Market Analysis
The China Food Colorants Market is anticipated to record a CAGR of 4.5% during the forecast period (2020 - 2025).
- China is the largest growing market for the packaged foods in the world competing with the other developed markets in terms of volume consumption of processed foods.
- Chinese food colorant market has a huge presence of domestic players and the market is dominated by synthetic color with the emerging natural color market.
- Processed meat and seafood is a major application area of food colorants in the country owing to its higher consumption rate.