March 07, 2022
According to the research report titled ‘Global FD And C Lakes Market Size study, by Form (Powder, Granule), By End-Use (Food and Beverage, Pharmaceutical and Nutraceutical, Animal Feed and Pet Food, Cosmetics and Personal Care, Packaging, Others) and Regional Forecasts 2021-2027’, available with the MarketStudyReport, global FD and C lakes market is estimated to record considerable growth during the forecast period.
Rising investments in the dietary supplement and pharmaceutical sectors and widespread usage of cosmetics are primarily driving the growth of global FD and C lakes market. Moreover, the demand for FD and C lakes will surge since they are less expensive as compared to other certified colorants.
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It is worth emphasizing that FD and C lakes is an FDA-approved color addition in cosmetics, medicines, and foods. When the word “lakes” is added to FD and C, it denotes that the color has been combined with a mineral (either calcium or aluminum) to make it insoluble.
However, strict government regulations regarding the product utilization are likely to limit the market growth over the forecast period.
Worldwide FD and C lakes market is fragmented based on product form and end-use landscape. By form, the market is divided into granule and powder segments. By end-user scope, the industry is split into packaging, cosmetic and personal care, animal feed and pet feed, food & beverage, pharmaceutical, nutraceutical, and others.
Considering the geographical spectrum, the industry is split into Latin America (Mexico, Brazil), Europe (Spain, Germany, the U.K, Italy), North America (the U.S, Canada), Asia-Pacific (India, South Korea, China, Japan, Australia), and rest of the world.
North America FD and C lakes market is expected to register substantial growth during the projection period, primarily due to the expanding pharmaceutical and dietary supplement sectors.
Meanwhile, Europe market is anticipated to record considerable growth in the subsequent years. Growing adoption of hectic lifestyles in the region is likely to create lucrative growth opportunities for the FD and C lakes market participants across Europe.
Speaking of which, key players analyzed in the global FD and C lakes market reprot are Koel Colours Pvt. Ltd., Standard Colors Inc., Dynemic Products Ltd., Neelikon Food Dyes and Chemicals Limited., Pylam Products Company Inc., IFC Solutions, DyStar Group, and Sensient Colors LLC.