Persistence Market Research
Regulations for the artificial food dyes varies from regions to region. Some of the key regulations for artificial food dyes are: Food and Drug Act, EU regulation for Food or flavoring- EU 872/2012, National Food Safety Stan- GB2760-2011, NOM for confectionery products, Food for Specified Health Uses (FOSHU) and Ministry of Food and Drug Safety (MFDS), among others.
Rising demand to wellness food (clean label products)
Increasing demand for clean label products and logical and technological advancements in the food and beverages industry are some of the key factors anticipated to drive the global artificial food dyes consumption. Moreover, high brightness as product compared to its original state coupled with improved stability, also test- at the commercial level is another major factors expected to boost the growth of artificial food dyes market across food & beverage industries at globe level.
Rising awareness pertaining to health safety among consumers is a key restraint for the global artificial food dyes market. Moreover, regulations by food agencies, such as FDA, will also hamper the demand for artificial food dyes in the market.
Global Artificial Food Dyes Market: Segmentation
The global artificial food dyes market can be segmented on the basis of product color type, product state, application and region.
On the basis of color type, the global artificial food dyes market can be segmented as:
On the basis of state of product, the global artificial food dyes market can be segmented as:
On the basis of application or end-use, the global artificial food dyes market can be segmented as:
Global Artificial Food dyes Market: Regional Outlook
The global artificial food dyes market can be segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, Asia Pacific and Japan. The consumption of artificial food dyes in the market varies from region to region, depending on the population. Asia Pacific, owing to its huge consumer base and increasing demand for the food & beverages industry, is expected to represent a significant market share in the global artificial food dyes market over the forecast period. Whereas, Europe and North America are anticipated to have a saturated market growth rate, owing to maturity of the market.
The global artificial dyes market is creating significant opportunities for manufacturers around the globe. The Middle East and Africa and Latin America regions are also expected to represent good signs of growth over the forecast period.
Global Artificial Food dyes Market: Key Players
Some of the key players identified across the value chain of the global artificial food dyes market include Rung International, GNT Group, Wells, Richardson & company, Christopher Hansen’s Laboratory Company, Kolorjet Chemicals Pvt. Ltd., Alliance Organics LLP, Chromatech Incorporated, Sunfoodtech and RED sun dye Chem, among others.
Opportunities for Market Participants
Research and development, product trial, market approach, innovative product, collaboration of food industries, etc. will prove to be effective measures for enhancing profitability in the artificial food dyes business. Attributing to the efforts of global thought leaders and rising demand for bakery and confectionery products, significant opportunities lie ahead for market participants to build the marketability of their products.
Brief Approach to Research
FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the product color, state and end uses of the product segments covered in the study is followed by a demand-side analysis to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.
Key Data Points Covered in the Report
Some of the key data points covered in our report include: