December 21, 2021
According to the research report titled, ‘Global Chlorophyll Color Market Size study, By Nature (Organic, Conventional), By Application (Beverage, Bakery, Snacks, & Cereal, Candy / Confectionery, Dairy, Fruit Preparations / Fillings, Meat, Poultry, Fish, & Eggs, Potatoes, Pasta, & Rice, Sauces, Soups, & Dressings, Seasonings, Pet Food) and Regional Forecasts 2021-2027,’ available with MarketStudyReport, global chlorophyll color market is anticipated to amass substantial gains during 2021-2027.
Increasing public cognizance regarding the benefits of organic food products and rising adoption in skincare applications are boosting the growth of global chlorophyll color market. As per the study by National Center for Biotechnology Information, Chlorophyll is highly enriched with antioxidant properties which are quite beneficial for skincare.
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For the unversed, chlorophyll is a green soluble pigment which is naturally derived and is present in almost all plants. It helps plants during photosynthesis and is also used as natural coloring agent in various products.
In addition, escalating demand for chlorophyll in food and bakery sector coupled with rising number of bakeries across the world are also augmenting the overall market outlook. On the contrary, stringent policies regarding the use of food colorants in regions like North America and Europe are hampering the remuneration scope of this industry in the ensuing years.
By nature, global chlorophyll color market is bifurcated into organic and conventional. In terms of application the marketplace is split into beverage, bakery, snacks & cereal, candy/confectionery, diary, fruit preparations/fillings, potatoes, pasta & rice, meat, poultry, fist& eggs, sauces, soups, & dressings, pet food, and seasonings.
Regionally speaking, North America, Latin America, Asia Pacific, and Europe are considered to understand the current dynamics of this business arena. North America presently accounts for a considerable industry share, creditable to growing awareness regarding the advantages of organic food products.
Meanwhile, Asia Pacific market is also likely to develop as a major revenue generator during 2021-2027 owing to high demand for natural food colorants in the region.
Top companies operating in global chlorophyll color market are BioconColors, Sensient Colors LLC, Kalsec Inc., Dohler GmbH, Riken Vitamin Co. Ltd., Naturex Inc., Chr. Hansen Holding A/S, McCormick & Company, The Archer -Daniels-Midland Company, and DDW-The Color House.