Key players in the global coloring ? foodstuffs market are focusing on launching a novel product to expand their product portfolio and gain a competitive edge.
The global coloring foodstuffs market will hold around ~0.2% of the US$ ~7.06 Bn worth global food additives market in 2021. Demand for coloring foodstuffs is expected to reach US$ 613.5 Mn in 2021, according to the latest Future Market Insights (FMI) study. The market value is expected to surpass US$ 922.3 Mn by 2031, exhibiting growth at healthy CAGR of 4.2% for 2021-31.
The growing trend of veganism is being witnessed across the U.S., Australia, the U.K., India, and others. Citing this trend, customers are increasingly adopting clean-label food products made using plant-based ingredients.
As coloring foodstuffs are derived from fruits, vegetables, and herbs, they are gaining immense popularity in the production of beverages, confectioneries, dressings, and others.
With the growing prevalence of lifestyle-related disorders and rising health concerns across the globe, consumers are limiting the consumption of food products that contain artificial ingredients, synthetic additives, and chemicals.
Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-14213
They are shifting their preference on consuming natural and organic food products to maintain a healthy lifestyle. This is expected to surge the demand for coloring foodstuffs at a rapid pace.
In terms of extract type, the fruits and vegetable segment is anticipated to cumulatively account for the largest share in the market between 2021 and 2031. Attributes driving the growth in segments are high content of antioxidants, vitamins, and other beneficial nutrients present in coloring foodstuffs sourced from fruits & vegetables.
“Key manufacturers are emphasizing on developing more attractive flavors and extracts to address the surging demand for high-quality natural ingredients from artisan bakeries. This is expected to bode well for the growth in the market,” says an FMI analyst.
Key Takeaways from Coloring Foodstuffs Market Study
Key Drivers
Key Restraints
View Complete Report With TOC @ https://www.futuremarketinsights.com/reports/coloring-foodstuffs-market
Competitive Landscape
Key players in the global coloring ? foodstuffs market are focusing on launching a novel product to expand their product portfolio and gain a competitive edge. Some of the companies are adopting strategies such as new facility development, agreements, mergers, and acquisitions to increase their production capacity. For instance,.
Some of the key players operating in the market profiled by FMI are:
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@https://www.futuremarketinsights.com/customization-available/rep-gb-14213
More Valuable Insights on Coloring Foodstuffs Market
The latest report by FMI provides a detailed analysis of the global coloring foodstuffs market, providing credible insights into key factors driving the market through 2021 and beyond. The study also disclosed growth projections on in coloring foodstuffs market with detailed segmentation:
By Form:
By Extract Type:
By End Use:
By Region:
Buy this Report@ https://www.futuremarketinsights.com/checkout/14213
Key Questions Covered in the Report
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Mar 05, 2023