Global Bakery and Confectionery Food Colors Market – Industry Trends and Forecast to 2030

Bakery and Confectionery Food Colors Market Analysis and Size

Natural colours segment is predicted to show the most increase in demand in the global market throughout the forecast period. The rise in the sale of natural food colours will be fueled mostly by expanding consumer health consciousness and global demand for chemical-free food products. Furthermore, several advantages of natural foods over conventional foods, as well as rising government initiatives to create favourable regulatory structures for the use of food colours in various food and beverage industries, are driving global demand for natural food colours.

Data Bridge Market Research analyses that the bakery and confectionery food colors market, which was USD 3.26 billion in 2022, is expected to reach USD 5.56 billion by 2030, at a CAGR of 6.90% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Bakery and Confectionery Food Colors Market Scope and Segmentation  

Market Definition

Food colours are used to improve the aesthetic quality of food and come in a variety of forms such as liquids, powders, pastes, and gels. They are commonly found in bakeries, confectioneries, candy stores, packaged food suppliers, refreshment, and other industries. Any dye, pigment, or chemical that gives colour to food and beverages is referred to as food colour. Bakery and confectionary food colours are available as liquids, powders, gels, and pastes. The market for bakery and confectionary food colours comprises both natural and synthetic colours.

Bakery and Confectionery Food Colors Market Dynamics

Drivers

• Growing awareness about health benefits will drive the market growth

In response to rising consumer health concerns, the market for bakery and confectionary products is expanding rapidly in the United States. Furthermore, rising concerns about the health risks posed by the economy's use of synthetic colours are expected to drive market growth. The product's demand in the bakery application is predicted to expand significantly due to rising demand for non-synthetic alternatives in the creation of pastries, muffins, and custards.

• Growing trend to improve the appeal of bakery products

The attraction of bakery products is as crucial to the ingredients used in their manufacture as it is to customers. Pigments and dyes are the most prevalent food colourants found in food goods, while liquid dyes and gels are found in beverages. These colours are utilised in a variety of items. Colourants are used in higher concentrations in bakery and confectionary items today. Therefore, this will directly impact the market revenue.

Opportunities

• Growing availability of natural food colors to act as an opportunity

Consumers are aware of the detrimental consequences of numerous synthetic substances used in food products, which, if ingested on a daily basis, can lead to a variety of health problems. Regular consumption of chemical colours causes a variety of adverse reactions. As a result, customers prefer purchasing items made with plant-based ingredients. The use of natural colours and pigments has come to the forefront as consumer knowledge of the numerous health advantages of the same has grown. Natural colours or plant-based colours are becoming more popular due to their health benefits, which will open up new market prospects. It reduces the danger of allergies among customers, providing an opportunity for natural colour manufacturers.

Restraints/Challenges

• Issues asscoaited with natural colors used in bakery items will derail the market growth

Consumers, on the other hand, face numerous problems in terms of the pricing, procedure, applications, and quality of natural components. Natural ingredient extraction is a sophisticated and time-consuming process that exhausts some natural compounds while decreasing the yield of high purity goods. This issue is expected to stifle the expansion of the food colouring industry in the future years.    

This bakery and confectionery food colors market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bakery and confectionery food colors market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Bakery and Confectionery Food Colors Market Scope

The bakery and confectionery food colors market is segmented on the basis of type, form, solubility, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Nature Identical
• Natural Colors
• Carmine
• Anthocyanins
• Caramel
• Annatto
• Carotenoids
• Chlorophyll
• Spirulina
• Others
• Synthetic Colors
• Blue
• Red
• Green
• Yellow
• Amaranth
• Carmoisine
• Others

Form

• Liquid
• Powder
• Gel

Solubility

• Dyes
• Lakes

Application

• Food and Beverages
• Processed Food
• Oils and Fats
• Dairy Products
• Meat Products
• Bakery and Confectionery Products
• Others

Bakery and Confectionery Food Colors Market Regional Analysis/Insights

The bakery and confectionery food colors market is analysed and market size insights and trends are provided by country, type, form, solubility, and application as referenced above.

The countries covered in the bakery and confectionery food colors market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Europe dominated the majority of the global market. This region's dominant market share is mostly due to rising demand for processed food goods in countries such as Germany, France, Italy, and Spain. Furthermore, rising investment in research and development by major food industry players, as well as increased government support to promote the food processing sector, are expected to drive the growth of the food colours market in the region.

However, the Asia-Pacific region is expected to grow rapidly in the coming years due to rising demand for processed food products in emerging and developing markets such as India, China, Indonesia, and Thailand.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Bakery and Confectionery Food Colors Market Share Analysis

The bakery and confectionery food colors market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bakery and confectionery food colors market.

Some of the major players operating in the bakery and confectionery food colors market are:

• DuPont (U.S.)
• DSM (Netherlands)
• ADM (U.S.)
• International Flavors and Fragrances Inc. (U.S.)
• Sensient Technologies Corporation (U.S.)
• Naturex (France)
• DDW The Color House (U.S.)
• Döhler GmbH (Germany)
• Lycored (Israel)
• Kalsec Inc. (U.S.)
• Alliance Organics LLP. (India)
• Frutarom (Israel)
• FMC Corporation (U.S.)
• Horizon Specialities Ltd. (Germany)
• Chromatech Incorporated (U.S.)
• Sun Food Tech Pvt Ltd (India)
• Proquimac (Spain)
• Ajanta Group (India)
• GNT Group B.V. (Netherlands)

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