Europe Food Colorants Market - Analysis of Growth, Trends, and Forecast (2019 - 2024)

Europe Food Colorants Market is segmented By Type into Natural Color and Synthetic Color; By Application into Beverage, Dairy & Frozen Product, Bakery, Meat, Poultry & Seafood, Confectionery, Oil & Fat and Others & Geography

Market Snapshot

Europe food colorant market 1
Study Period:

2016-2024

Base Year:

2018

CAGR:

3.8%

Fastest Growing Country:

Spain

Largest Country:

United Kingdom

Key Players:

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Market Overview

Europe food colorant market forecasted to reach USD 858.95 million by 2024 growing at a CAGR of 3.8%  during the forecast period (2019 - 2024).

  • In the European Union, food colors are regulated as food additives, under a comprehensive set of regulations, for food improvement agents. Presently, in the European Union, 39 colors are authorized as color additives, for usage in foods. The European food colorants market continues to capture the largest market share, due to the growing demand for clean label foods and health awareness
  •  Anthocyanin and betalain pigments are mostly used for producing red, purple, pink, and blue colors, and the demand for anthocyanin in Europe is expected to stimulate the demand over next five years.

 

Scope of the Report

Europe Food Colorants Market is segmented By Type into Natural Color and Synthetic Color; By Application into Beverage, Dairy & Frozen Product, Bakery, Meat, Poultry & Seafood, Confectionery, Oil & Fat and Others & Geography

By Product Type
Natural Color
Synthetic Color
By Application
Beverage
Dairy & Frozen Product
Bakery
Meat, Poultry & Seafood
Confectionery
Oil & Fat
Others
Geography
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe

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Key Market Trends

United Kingdom Holds a Major Share of Food Colorant Market

The Food colorant market in the United Kingdom is driven by easily-available raw materials, which includes fruits and vegetables and increased consumption of packaged food, including beverages, ready to eat foods, and other products. Consumers in the United Kingdom alligns natural products with superior quality. For instance: colors derived from well-known sources, such as beetroot, grapes, cabbage, and paprika, are more readily-recognized and accepted by consumers. In the United Kingdom, rising food safety concerns are pressurizing manufacturing to adopt clean labels, which is triggering the demand for natural colors.

Europe food colorant market 3

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Natural Food Colorants Dominates the Overall Market

The growing health concerns among the consumers have given a boost to the demand for natural products in their everyday diet. This, in turn, increased the application of natural food colorants such as Allura red, carmoisine, ponceau 4R, quinoline yellow and others in the food and beverage industry.  Natural Food Coloring in the food & beverages industry Is gaining popularity with an increasing number of natural food colors and dyes being produced commercially. Innovation in natural food colors to mitigate the application challenges faced by the food industry is one of the key approach adopted by the companies so as to meet the propelling consumer's demand. 

Europe food colorant market 4

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Competitive Landscape

The Europe food colorant market is a highly fragmented market due to the presence of various global and local players in the region. The active companies in the Europe food colorant market include Royal DSM, BASF SE, Chr. Hansen A/S and others. The product innovation and expansion are the two most adopted by the companies operating in the region. The global companies are also acquiring small local players so as to increase their dominance in Europe. They also use strategies, like forming new agreements and partnerships with local players to increase their footprint in the foreign country and release new products according to consumers changing preferences.

Major Players

  1. Royal DSM
  2. BASF SE
  3. Chr. Hansen A/S
  4. Sensient Technologies
  5. Dohler Group Se

* Complete list of players covered available in the table of contents below

Europe food colorant market 5

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Natural Color

      2. 5.1.2 Synthetic Color

    2. 5.2 By Application

      1. 5.2.1 Beverage

      2. 5.2.2 Dairy & Frozen Product

      3. 5.2.3 Bakery

      4. 5.2.4 Meat, Poultry & Seafood

      5. 5.2.5 Confectionery

      6. 5.2.6 Oil & Fat

      7. 5.2.7 Others

    3. 5.3 Geography

      1. 5.3.1 Spain

      2. 5.3.2 United Kingdom

      3. 5.3.3 Germany

      4. 5.3.4 France

      5. 5.3.5 Italy

      6. 5.3.6 Russia

      7. 5.3.7 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Royal DSM

      2. 6.4.2 BASF SE

      3. 6.4.3 Chr. Hansen A/S

      4. 6.4.4 Sensient Technologies

      5. 6.4.5 Dohler Group Se

      6. 6.4.6 FMC Corp

      7. 6.4.7 Riken Vitamin

      8. 6.4.8 Givaudan

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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