What is the Projected CAGR value of the Natural Food Colorants Market?
Natural Food Colorants Market is expected to grow at a CAGR of 8% during the forecast period 2024 - 2031
Who are the key players in Natural Food Colorants Market?
Major players are GNT International, ITC Colors, Chr. Hansen, Kalsec, Naturex, Sensient Flavors, Dohler Group, and Diana Naturals SAS.
What are the key challenges facing the natural food colors market?
Stringent regulations and the high cost of encapsulated ingredients can hinder market expansion. Additionally, some natural colors lack the vibrancy of synthetic alternatives, posing a challenge for manufacturers seeking specific shades.
Which region is the largest consumer of natural food colors?
North America currently holds the top spot, fueled by increasing health awareness, stricter regulations on synthetic dyes, and a diverse ethnic cuisine scene demanding varied food colors.