Global Betanin Food Color Market - Industry Trends and Forecast to 2031

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Global Betanin Food Color Market - Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Betanin Food Color Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2031
Diagram Market Size (Base Year)
USD 235.40 Million
Diagram Market Size (Forecast Year)
USD 350.45 Million
Diagram CAGR
%
Diagram Major Markets Players
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Global Betanin Food Color Market, By Nature (Organic and Conventional), Product Form (Powder and Liquid), Source (Red Beet, Yellow Beet, Prickly Peer, Swiss Chard, Grain Amarnath, Cactus Fruits, and Others), Application (Bakery and Confectionery Products, Fruit Preparations/Fillings, Dairy Food Products, Beverages, Soups, Sauces, and Dressings, Potatoes, Pasta, and Rice, Seasoning, Meat, Poultry, Fish, and Eggs, and Others) - Industry Trends and Forecast to 2031.

Betanin Food Color Market

Betanin Food Color Market Analysis and Size

Betanin food color is a natural red pigment derived from beets (Beta vulgaris) and is widely used as a food coloring agent in various food and beverage products. It offers a natural alternative to synthetic colorants, appealing to consumers seeking clean-label and plant-based products. Betanin provides a vibrant red hue and is favored for its stability under various processing conditions, making it suitable for a range of food applications.

Data Bridge Market Research analyses that the global betanin food color market which was USD 235.4 million in 2023, is expected to reach USD 350.45 million by 2031, and is expected to undergo a CAGR of 5.1% during the forecast period of 2024 to 2031. “Beverages” dominates the application segment of the betanin food color market due to it provides an attractive red or pink hue to beverages, enhancing their visual appeal without synthetic additives. 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.

 Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Nature (Organic and Conventional), Product Form (Powder and Liquid), Source (Red Beet, Yellow Beet, Prickly Peer, Swiss Chard, Grain Amarnath, Cactus Fruits, and Others), Application (Bakery and Confectionery Products, Fruit Preparations/Fillings, Dairy Food Products, Beverages, Soups, Sauces, and Dressings, Potatoes, Pasta, and Rice, Seasoning, Meat, Poultry, Fish, and Eggs, and Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel and Rest of Middle East and Africa

Market Players Covered

Chr. Hansen A/S (Denmark), Kalsec Inc. (U.S.), Sensient Technologies Corporation (U.S.), Symrise (Germany), Hunan NutraMax Inc. (China), Nanjing Zelang Medical Technology Co., Ltd. (China), KINGHERBS LIMITED (China), TIANJIN JIANFENG NATURAL PRODUCT R&D CO., LTD (China), Bakels Worldwide (Switzerland), Monteloeder (Spain), Givaudan (Switzerland), Synthite Industries Ltd. (India), GNT Group (Netherlands), San-Ei Gen F.F.I.,Inc. (Japan), ROHA Group (India), Döhler GmbH (Germany), AECO Corp. (U.S.), Plant Lipids (India), Food Ingredient Solutions (U.S.), Vinayak Corporation (India), Henningsen Nederland bv (Netherlands), Sai Gopal Enterprises (India), Phytolon (Israel) and DSM (Netherlands)

Market Opportunities

  • Exploration of New Applications for Betanin in Various Food and Beverage Segments
  • Development of Innovative Products that offers Distinctive Colors and Application

Market Definition

Betanin is a natural red pigment derived from beets (Beta vulgaris) and is commonly used as a food colorant. Betanin food color is extracted from beetroot and belongs to a class of compounds called betalains. This water-soluble pigment imparts a vibrant red color to food and beverage products. Betanin is valued as a natural alternative to synthetic food dyes due to its perceived health benefits and clean label appeal. It is utilized in a range of applications including dairy products, confectionery, beverages, and processed foods to enhance visual appeal and provide an attractive, natural coloring option.

Betanin Food Color Market Dynamics

Drivers

  • Rising Demand for Natural and Plant-based Food Coloring

Betanin, derived from beetroot, meets this demand as a natural alternative to synthetic dyes. Consumers seeking healthier and cleaner food options are increasingly drawn to products featuring betanin, which contributes to the market's growth. This trend is amplified by regulatory initiatives and industry efforts promoting the use of natural food colorings. The demand for betanin in food applications continues to rise, as more food and beverage manufacturers prioritize natural ingredients, fueling growth in the betanin food color market.

  • Growing Focus on Health and Wellness Among Consumers

Betanin is recognized for its antioxidant properties and potential health advantages. This awareness has led to increased demand for food and beverage products incorporating betanin as a natural colorant, aligning with consumer preferences for healthier choices. Consumers are seeking out products with natural, plant-based ingredients such as betanin, as health-conscious lifestyles gain momentum. Manufacturers are capitalizing on this trend by highlighting the health benefits of betanin in their marketing and product formulations, driving further adoption and market growth in the betanin food color segment.

Opportunities

  • Exploration of New Applications for Betanin in Various Food and Beverage Segments

Betanin is prized for its vibrant red hue and natural origin, making it ideal for use in a wide range of food applications including beverages, dairy products, confectionery, and baked goods. This versatility allows manufacturers to innovate and develop new products while meeting the growing demand for natural and clean label ingredients. The demand for betanin food color is poised to increase further, as consumer preferences shift towards clean label and natural food products. The expanding application scope of betanin enables manufacturers to differentiate their products in the market by offering appealing color solutions that align with consumer preferences for healthier and more natural options. This trend presents significant opportunities for growth and innovation in the betanin food color market.

• Development of Innovative Products that Offers Distinctive Colors and Application

Manufacturers are actively exploring new formulations and applications for betanin to meet evolving consumer preferences for natural and clean label food colorants. This includes developing innovative solutions for different food and beverage categories, such as plant-based alternatives, functional foods, and sports nutrition products. Diversification efforts are aimed at expanding the reach of betanin into new markets and applications, ensuring its relevance and appeal across diverse product portfolios. The emphasis on product innovation also enables manufacturers to differentiate their offerings in a competitive landscape, catering to specific consumer demands for natural and healthy food ingredients. Betanin's vibrant color and potential health benefits drive growth in the food and beverage industry, attracting health-conscious consumers through innovative and diversification strategies.

Restraints/Challenges

  • Betanin's Susceptibility to Degradation Under Certain Conditions

Betanin can be sensitive to various factors such as pH, light exposure, and processing conditions, which can affect its color stability in food and beverage applications. This instability poses a technical hurdle for manufacturers seeking to incorporate betanin into products requiring long shelf life or exposure to varying processing conditions.

  • Competition from Synthetic Food Colorants Alternatives

Synthetic food colors, including those derived from petroleum-based sources, often offer significant cost advantages and superior color stability compared to natural alternatives such as betanin, which is derived from beets. This competitive pressure poses a hurdle for manufacturers and formulators seeking to promote natural and clean label products in a market largely dominated by synthetic colorants. Thus, the competition from the synthetic food colorants alternatives is expected to pose challenges for the growth of the market.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 market contact Data Bridge Market Research for an Analyst Brief, our team will help you make 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.

Recent Developments

  • In January 2024, Phytolon, a biotechnology company that provides natural food colors through fermentation-based technologies, and Ginkgo Bioworks, which is developing the leading platform for cell programming and biosecurity, announced the successful completion of the first development milestone of their multi-product collaboration to produce natural food colors, with the distribution of an equity milestone to Ginkgo
  • In August 2023, GNT Group has launched Shade Vivid Orange - OS, the EXBERRY portfolio's first 100% oil-soluble, plant-based color derived from non-GMO paprika. This innovative product is a flexible and brilliant orange hue that may replace paprika oleoresin and artificial colors in a variety of applications, including fat-based sweet and savory items

Betanin Food Color Market Scope

The market is segmented on the basis of nature, product form, source, 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.

Nature

  • Organic
  • Conventional

Product Form

  • Powder
  • Liquid

Source

  • Red Beet
  • Yellow Beet
  • Prickly Peer
  • Swiss Chard
  • Grain Amarnath
  • Cactus Fruits
  • Others

Application

  • Bakery and Confectionery Products
  • Fruit Preparations/Fillings
  • Dairy Food Products
  • Beverages
  • Soups, Sauces, and Dressings
  • Potatoes, Pasta, and Rice
  • Seasoning
  • Meat, Poultry, Fish, and Eggs
  • Others

Betanin Food Color Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by nature, product form, source, and application are referenced above.

The countries covered in market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel and Rest of Middle East and Africa.

North America dominates the betanin food color market and will continue to flourish its dominance due to increasing consumer demand for natural and clean label products, stringent regulations favoring natural food colorants, and a robust food and beverage industry driving the adoption of natural ingredients.

Europe will continue to project the highest growth rate in the forecast period of 2024 to 2031 due to rising consumer awareness of health benefits associated with natural food colorants.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as 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, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Betanin Food Color Market Share Analysis

The market competitive landscape provides details by competitors. 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 the market.

Some of the major players operating in the market are:

  • Chr. Hansen A/S (Denmark)
  • Kalsec Inc. (U.S.)
  • Sensient Technologies Corporation (U.S.)
  • Symrise (Germany)
  • Hunan NutraMax Inc. (China)
  • Nanjing Zelang Medical Technology Co., Ltd. (China)
  • KINGHERBS LIMITED (China)
  • TIANJIN JIANFENG NATURAL PRODUCT R&D CO., LTD (China)
  • Bakels Worldwide (Switzerland)
  • Monteloeder (Spain)
  • Givaudan (Switzerland)
  • Synthite Industries Ltd. (India)
  • GNT Group (Netherlands)
  • San-Ei Gen F.F.I.,Inc. (Japan)
  • ROHA Group (India)
  • Döhler GmbH (Germany)
  • AECO Corp. (U.S.)
  • Plant Lipids (India)
  • Food Ingredient Solutions (U.S.)
  • Vinayak Corporation (India)
  • Henningsen Nederland bv (Netherlands)
  • Sai Gopal Enterprises (India)
  • Phytolon (Israel)
  • DSM (Netherlands)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The Betanin Food Color Market size will be worth USD 350.45 million by 2031.
The Betanin Food Color Market growth rate will be 5.1% by 2031.
The Rising Demand for Natural, Plant-based Food Coloring, Growing Focus on Health and Wellness Among Consumers are the growth drivers of the Betanin Food Color Market.
The nature, product form, source, and application are the factors on which the Betanin Food Color Market research is based.
The major companies in the Betanin Food Color Market are Chr. Hansen A/S (Denmark), Kalsec Inc. (U.S.), Sensient Technologies Corporation (U.S.), Symrise (Germany), Hunan NutraMax Inc. (China), Nanjing Zelang Medical Technology Co., Ltd. (China), KINGHERBS LIMITED (China), TIANJIN JIANFENG NATURAL PRODUCT R&D CO., LTD (China), Bakels Worldwide (Switzerland), Monteloeder (Spain), Givaudan (Switzerland), Synthite Industries Ltd. (India), GNT Group (Netherlands), San-Ei Gen F.F.I.,Inc. (Japan), ROHA Group (India), Döhler GmbH (Germany), AECO Corp. (U.S.), Plant Lipids (India), Food Ingredient Solutions (U.S.), Vinayak Corporation (India), Henningsen Nederland bv (Netherlands), Sai Gopal Enterprises (India), Phytolon (Israel) and DSM (Netherlands).