Market Size of Egypt Food Colorants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.09 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Egypt Food Colorants Market Analysis
The Egyptian food colorants market is projected to witness a CAGR of 4.09% during the forecast period (2020 - 2025).
- Shifting preference toward colored products due to flavor perception is likely to drive the food colorants industry's growth. Edible color utilization to enhance the visual appeal and texture of items is a key factor enhancing product penetration.
- Moreover, the high availability of food and beverage products in Egypt may expand the product application scope.