Market Size of India Food Colorants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.30 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Food Color Market Analysis
The Indian food colorants market is projected to witness a CAGR of 5.3% over the forecast period (2020- 2025).
- The food colorants market in the country is dominated by the small-scale food industries, including confectionery, snacks and sweet, and beverage, and some multinational industries.
- Thee Food Safety and Standard Authority of India regulates the food colorants market of the country. At present, the regulatory body only permits eight synthetic food colorants with the limit not exceeding the ADI value, and hence, food manufacturers are allowed to use these chemicals in the food in the restricted amount.
- Synthetic colorants hold a prominent share in the Indian food colorants market, followed by natural colorants. With an increase in the consumer demand, the natural color market is growing at a much faster rate.
