According to the report titled ‘Global Natural Food Colour Market Size study, by Product (Carotenoids, Curcumin, Anthocyanin, Carmine, Copper Chlorophyllin, and Others), Application (Bakery & Confectionery, Beverages, Dairy & Frozen Products, Meat Products, Oil & Fat, Fruits & Vegetables, and Food) and Regional Forecasts 2021-2027’, available with Market Study Report, global natural food color market was worth USD 3.68  billion in 2020 and is anticipated to grow at 6.15% CAGR during 2021-2027, thereby accumulating USD 5.59 billion by the end of analysis timeframe.
 

Increasing concerns about health risks associated with the use of synthetic flavors and colors is primarily augmenting global natural food color market growth.
 

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In addition, high demand for natural, organic, and bioactive substances in food & beverage industry, advanced technological innovations, and inclination towards natural products are adding momentum to the market expansion.
 

According to a survey by Organic Trade Association, the sales of organic food grew by 5.9 % and the sales of organic beverages increased by 13.5 % in 2019.
 

For the unversed, food color is a pigment, dye, or chemical that imparts color to food and beverages. Natural food color does not contain any harmful components as it is made from natural extracts and is also known to be environmentally beneficial.
 

On the contrary, inconsistency in the price of raw materials, along with high production cost of natural food colors are likely to hinder the market development over the estimated timeline
 

Speaking of the geographical terrain, North America, Asia Pacific, Europe, and Latin America are thoroughly analyzed to understand the dynamics of global natural food color market. Among these, Europe presently holds a major market share, owing to surge in the number of beverage industries in the region, and rising adoption of natural substances in the food sector.
 

Meanwhile, Asia Pacific market is slated to exhibit significant growth during 2021-2027, due to growing awareness about the ill-effects of synthetic food color, rise in disposable income, and surging sales for food and beverages.
 

Major players like FMC Corporation, Döhler GmbH, BASF SE, Kalsec, Inc., Naturex, Inc., Synthite Industries Private Ltd., Allied Biotech Corporation, San-Ei GEN FFI, Inc., Diana Naturals, Inc., and Chr Hansen Holding A/S are profiled in global natural food color market report.