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North America Food Colorants Market-Growth, Trends and Forecast (2020 - 2025)

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The food colors market is one of the segments of the global food additives market. Food Colors are used by the food and beverages industry to improve the color of the food which is lost while food processing. Food colors market is projected to reach USD 3.1 billion by 2023; growing at a CAGR of 4.6%. The North American food & beverage colorants market is estimated to grow at CAGR of 4.7% in the period between 2018 and 2023.

The market is driven by easily available raw materials which includes fruits & vegetables. Growing food safety concerns in the global food markets are pressurizing manufacturing to adopt clean labels. The major restrain the industry faces is the growing awareness on the ill effects of synthetic colors. This has triggered the demand for natural colors, which have high costs when compared to synthetic colors. The stringent food standards regulations by FDA and several regulatory bodies is proving to be a constraint for manufactures, thus forcing them to look at alternatives in the form of innovations in the natural colorants.The food safety norms and increased production of the natural colors in North America are ultimately driving the market for food colors.

The market is segmented based on types which include synthetic and natural colors. Synthetic colors currently hold a major share, but natural colorants are the fastest growing segment. In terms of region, North America formed the largest segment of the food colors market in 2016. In 2016, the North American food & beverage colorants market is estimated to be dominated by the U.S., followed by Canada and Mexico. In the U.S., the rising rates of foodborne illness and increasing demand for food products are driving the natural food colors.

The North America Food Colorants report profiles companies like Chr Hansen holdings, Royal DSM, Sensient technologies, FMC Corp among others. To gain market share, these companies are adapting numerous market strategies like innovative product development, partnerships, mergers & acquisitions, and expansion of existing facilities.

In this report we offer, 

1 Market Definition for the specified topicalong with,identification of key drivers and restraints for the market.
2 Market analysis for the North America Food Colorants Market, with region specific assessments and competition analysis on a global and regional  scale.
3 Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional  scale.
4 Extensively researched competitive landscape section with profiles of major companies along with their share of markets. 
5 Identification and analysis of the Macro and Micro factors that affect the North America Food Colorants Market on both global and regional scale.
6 A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. 

Why should you buy this report?

1 For getting a comprehensive overview of the North America Food Colorants Market.
2 To gain wide ranging information about the major players in this industry and the strategies adopted by them. 
3 To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.

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