(Entertainment-NewsWire.com, October 30, 2017 ) The Middle-East and Africa Food Colors Market was worth $352.3 million in 2016 and estimated to be growing at a CAGR of 8.06%, to reach $239 million by 2021.
The food industry has been viewing for molecules with natural alternatives and there is a growing interest on discovering newer natural extracts and evolving new strategies to attain highly stable natural colors. Food coloring is used in almost all processed foods today, from jams and jellies to beverages and confectionery.
Augmented awareness towards the side-effects of synthetic colors usage has triggered a rise towards natural food colors that are observed as safe for consumption. The market is driven by the natural colors and is anticipated to grow faster than the synthetic and nature identical colors. The market is also fuelled by effortlessly available raw materials which comprises of fruits & vegetables. Increasing food safety concerns in the food markets are compelling manufacturing to implement clean labels. The stringent food standards regulation by numerous regulatory bodies is showing to be a constraint for manufactures.
Middle-East and Africa Food Colors market Size is segmented by type into Natural colors, synthetic colors and nature-identical. Natural colors are sub-segmented into Anthocyanins, Carotenoids and Caramel. Synthetic colors are also sub divided into Red, Yellow, Blue and Green. Based on application the market is bifurcated into Beverages, Bakery and Confectionery, Dairy and Meat. On the basis of form food colors market is segregated into Liquid, Liquid Gel, Gel Paste and Powder. The market id divided among Dyes and Lakes based on solubility. The dyes segment is likely to be the biggest and fastest growing segment during the forecast period.
Geographically the market is segmented into Middle-East and Africa. Africa is dominating food colors market for this region and is likely to continue its dominance over the forecast period.
Various companies are contributing for this market such as LycoRed, DD Williamson, Archer Daniels Midland Company (U.S.), Sethness Products, Fiorio Colori, Chr. Hansen S/A (Denmark), Roha Dyechem, Sensient Technology Corporation (U.S.), Koninklijke DSM N.V. (Netherlands), San-Ei Gen F.F.I. Inc., WILD, DSM, Naturex, Phytone, GNT Group and FMC Corporation (U.S.).
Market Segmentation
1) By Type Natural Colors Anthocyanins Carotenoids Caramel Synthetic Colors Red Yellow Blue Green Nature-Identical
2) By Application Beverages Bakery and Confectionery Dairy Meat
3) By From Liquid Liquid Gel Gel Paste Powder
Reasons to buy Middle-East and Africa Food Colors Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of By Type, By Application, By From and By Solubility along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the Middle-East and Africa market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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