Global Food Caramel Colorant Market Trends And Industry Size, Forecasts Till, 2020-2026: Radiant Insights, Inc
The global food caramel colorant market showcased a lucrative growth over the past few years. Food additives are being used to increase quality & protect food, and extend shelf life across stages such as food production to its consumption. Additives used are added during preparation, packaging, production, and storage stages. Additive like colorants supplemented by producers to add color or to adjust the color of the food product to desired levels.
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Understanding today's advanced production technologies, food discoloration can occur at various processing stage, owing to various chemical and physical conditions such as light, heat, pH and oxygen exposure. Colorants are used to regain food color losses to win back the trust, satisfaction, and favor of customers by hiding poor quality. Such ingredients are used in the production of candies, soft drinks, bakery products, canned products, vegetable products, and dairy, meat & fish products.
Globally, consumers seek most appealing food consumables, while they require safe, healthy and nutritious products. Color is one of the key organoleptic attributes that has a direct effect on consumers’ diet selection. Synthetic food colorants are widely used, but over the recent past have been increasingly substituted by natural origins ingredients. Several toxicity and side effects such as long-term allergic reactions, neurocognitive and behavioral effects have been reported with synthetic colorant usage. Therefore, naturally-derived tints have demonstrated to provide efficiency, high quality, and organoleptic properties, thus playing a key role as a health promoter. Carotenoids, anthocyanins, phenolic compounds, annatto, beet derivatives, and curcuminoids are most commonly used in the industry, while strict regulatory norm have been applied on the use of synthetic tints. The booming food industry is set to drive the market over the coming years.
Based on the product type, the food caramel colorant industry has been segmented into caramel colorant powder and caramel colorant liquid. The applications/ end-users segment consists of baking, beverage, and candy. With dairy and frozen foods industry growing at a rapid scale, the food caramel colorant market is anticipated to expand over the forecast period.
Geographically, the food caramel colorant market has been segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. North America generated the largest revenue share during the recent past, with the United States accounting as the key market growth contributor. Organic product sales and rising number of health-conscious customers are driving the regional market. Also, the presence of prominent players, coupled with the increasing investments for the development of advanced technologies, is anticipated to boost growth.
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Competitive Landscape:
Cargill, DDW The Color House, Chr. Hansen, Naturex, Sethness Caramel Color, Aarkay, ARADHYA COLOUR INDUSTRIES, Kolorjet, Foodchem, and Mascot food colours are few of the key players functioning in the market.
In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Food Caramel Colorant Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
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