The food colors market is one of the segments of the global food additives market. Food Colors are used by the food and beverages industry to improve the color of the food which is lost while food processing. Food colors market is projected to reach USD 2.9 billion by 2022; growing at a CAGR of 4.5%. The African market is with increasing formal stores is driving the market for processed foods and in turn for food colorants. The market size in Egypt is estimated to reach USD ~ million by 2022.
The market is driven by easily available raw materials which includes fruits & vegetables. Growing food safety concerns in the African food markets are pressurizing manufacturing to adopt clean labels. The major restrain the industry faces is the growing awareness on the ill effects of synthetic colors. This has triggered the demand for natural colors, which have high costs when compared to synthetic colors. The increasing disposable incomes, changing lifestyles in emerging countries are driving demand for processed foods. And to attract the target segment companies tend to add food colorants. The stringent food standards regulations by FDA and several regulatory bodies is proving to be a constraint for manufactures, thus forcing them to look at alternatives in the form of innovations in the natural colorants.
The market is segmented based on types which include synthetic and natural colors. Synthetic colors currently hold a major share, but natural colorants are the fastest growing segment. In terms of application, food colorants are used in bakery, beverages, confectionary, dairy & frozen foods, etc. Beverages take up a larger share of food colorants usage in Africa.
The Egypt food colorant report profiles companies like DDW-Color house, Royal DSM, Lake Foods, Aarkay food colors, Sensient technologies, Riken Vitamin, FMC Corp among others. To gain market share, these companies are adapting numerous market strategies like innovative product development, partnerships, mergers & acquisitions, and expansion of existing facilities.
In this report we offer,
1 Market Definition for the specified topicalong with,identification of key drivers and restraints for the market.
2 Market analysis for the Egypt Food Colorants Market, with region specific assessments and competition analysis on a global and regional scale.
3 Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
4 Extensively researched competitive landscape section with profiles of major companies along with their share of markets.
5 Identification and analysis of the Macro and Micro factors that affect the Egypt Food Colorants Market on both global and regional scale.
6 A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Why should you buy this report?
1 For getting a comprehensive overview of the Egypt Food Colorants Market.
2 To gain wide ranging information about the major players in this industry and the strategies adopted by them.
3 To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.
1.1 Research methodology
1.2 Market Definition
1.3 Report Description
2. Key Findings
3. Market Overview & Dynamics
3.2.1 Easy availability of raw materials
3.2.2 Food safety driving demand for clean labels
3.2.3 Growing awareness for natural colors
3.3.1 High Costs of Natural colors
3.3.2 Awareness on ill effects of few synthetic colors
3.3.3 Regulatory Process
3.4.1 Growing demand for innovations in Natural colors
3.4.2 Demand for functional foods
3.4.3 Wider Acceptance of GSFA for improved International Trade
3.5 Porter’s Five Forces Analysis
3.5.1 Bargaining power of Suppliers
3.5.2 Bargaining power of Buyers
3.5.3 Degree of Competition
3.5.4 Threat of Substitution
3.5.5 Threat of new entrants
4. Market Segmentation
4.1 Food Colorants Market, by type
4.1.1 Synthetic Food colorants
4.1.2 Natural Food Colorants
4.2 By Application
4.2.2 Dairy & Frozen products
4.2.3 Oils & Fats
4.2.5 Meat poultry & Sea Food products
5. Competitive Landscape Overview
5.1 Market Share Analysis
5.2 Strategies by leading players
5.3 New Product Developments &Other Innovations
6. Company Profiles
6.1 Chr Hansen holdings
6.2 D.D. Williamson & Co.
6.3 Royal DSM
6.4 Sensient technologies
6.5 FMC Corp
6.6 Dohler group
6.7 Naturex SA
6.8 Fiorio Colori S.P.A.
6.9 Kalsec Inc
6.10 kancor Ingredients
6.13 lake foods
6.14 Aarkay Food Colors
LIST OF TABLES
1: Egypt: Food Colorants market Revenue,by Type, 2012-2020 ($Million)
2: Egypt: Food Colorants market Revenue,by Application, 2012-2020 ($Million)