Market Size of Italy 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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Italy Food Colorants Market Analysis
Italy food colorant market is forecasted to grow with a CAGR of 4.5% during the forecast period (2020- 2025).
- The Food colorant market in Italy 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 country align 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.
- Food colorants constitute an important part of food additives. The past couple of years have observed a distinct shift toward natural materials, especially within flavors and colors. Increasing demand and consumer preference for minimally processed foods and health-promoting properties of natural colorants are expected to drive the natural colors market, twice as fast as the synthetic market in the country.
