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In 2017, Americas region holds the largest market share in the Food Colors MarketHowever, the Asia-Pacific region holds the highest growth rate in the Food Colors Market by 2023 The growth in APAC region is owing to the high demand from emerging economies such as India, China, South Korea, and others. In addition, the increase in consumer expenditures in these countries for food & beverages leads to the increased use of natural food coloring, thereby driving the food color market. The key applications in this region include beverages and confectionery among others.
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The Food Colors Market is expected to grow at a CAGR of 7.8%
In 2017, Americas region holds the largest market share in the Food Colors Market However, the Asia-Pacific region holds the highest growth rate in the Food Colors Market by 2023 The growth in APAC region is owing to the high demand from emerging economies such as India, China, South Korea, and others. Contact : sales@industryarc.com
Selected / Sample Analysis done in the full Report: Food Colors are derived from a variety of sources such as fruits and vegetables, seeds, algae, insect and mineral. Saffron is one of the predominant natural food dyes that has been used to color certain food products since ancient times. In U.S. there are nine color additives; those are certified and approved for use such as annatto extract (yellow), dehydrated beets (bluish-red to brown) caramel (yellow to tan), β-carotene (yellow to orange), grape skin extract (red, green) and others. Contact : sales@industryarc.com
Excerpts on Market Growth Factors Mentioned in the Full Report: The market for carbonated soft drinks and non-alcoholic beverages are anticipated to witness largest growth rate of over 6% during the forecast period. The meat products segment will account for the highest share in the Food Coloring Market, registering a CAGR of 10.4% during the forecast period. This segment has been driven by its increased daily consumers. The natural food color is, by and large, the most in-demand segment accounting for over 70% of the total market revenue. The market is projected to reach $1.1 billion by 2019. Contact : sales@industryarc.com
Key Players of the Fine Chemicals Market 1.Synthite 2.Gajanand 3.Ungerer & Company 4.Kotanyi 5.McCormick and Others Download Sample Report Contact : sales@industryarc.com
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