Market Size of Japan Food Colorants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.12 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Japan Food Colorants Market Analysis
The Japanese food colorants market is projected to record a CAGR of 3.12% during the forecast period (2020 - 2025).
- The motive to redeem the lost appeal of processed foods by presenting more appealing products to consumers has been favoring the market growth of the associated solutions, including food colorants.
- The increasing demand and consumer preference for minimally processed foods and health-promoting properties of natural colorants are estimated to drive the natural color segment of the market, with the growth rate being almost double, as compared to the synthetic color segment.