South America Food Colorants Market Size

Statistics for the 2023 & 2024 South America Food Colorants market size, created by Mordor Intelligence™ Industry Reports. South America Food Colorants size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of South America Food Colorants Industry

south america food colorants market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.90 %
Market Concentration Low

Major Players


*Disclaimer: Major Players sorted in no particular order


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South America Food Colorants Market Analysis

The South America food colorants market is projected to grow at a CAGR of 3.9% during the forecast period (2020-2025).

  • South American countries are witnessing growing urbanization and changing lifestyles due to globalization and this in turn is driving the demand for convenience and packaged foods.
  • South America provides a greater scope of growth of food colorants due to its highly untapped markets.
  • Consumer's preference for natural alternatives, demand for clean label products, and stringent regulations particularly in the relatively developed regions like Brazil and Argentina are acting as growth hurdles for the food colorants market.

South America Food Colorants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)