Lucintel’s latest market report analyzed that natural food colorant provides attractive opportunities in the processed food product and beverage application markets. The natural food colorant market is expected to grow at a CAGR of 4% to 6%. In this market, plants is the largest segment by source, whereas processed food products is largest by application.
Download Brochure of this report by clicking on https://www.lucintel.com/natural-food-colorant-market.aspx Based on source, the natural food colorant market is segmented into plants, animals, microbes, and mineral. The plants segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to growing demand for natural food colors derived from various parts of plants.
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The Natural Food Colorant Market is marked by the presence of several big and small players. Some of the prominent players offering natural food colorant include CHR Hansen Holding A/S, Koninklijke DSM N.V., Sensient Technologies Corporation, Archer Daniels Midland Company, Döhler Group, D.D. Williamson & Co., Inc., Naturex S.A., Aromata Group S.r.l, Kalsec Inc., FMC Corporation, BASF SE, Lycored Ltd., GNT Group b.v.
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