The French food colorants market is projected to register a CAGR of 4% during the forecast period (2020-2025).
Key Highlights
- In the European Union, food colors are regulated as food additives under a comprehensive set of regulations for food improvement agents. Presently, in the European Union, 39 colors are authorized as color additives, for usage in foods. The European food colorants market continues to capture the largest market share due to the increasing demand for clean label foods and health awareness.
- Anthocyanin and betalain pigments are mostly used for producing red, purple, pink, and blue colors. The demand for anthocyanin in France is expected to stimulate the demand for food colorants over the next five years.
Key Market Trends
Natural Food Colorants Dominates the Overall Market
The increasing health concerns among the consumers have given a boost to the demand for natural products in their everyday diet. This, in turn, increased the application of natural food colorants, such as Allura red, carmoisine, ponceau 4R, quinoline yellow, and others, in the food and beverage industry. Natural Food Coloring in the food and beverage industry is gaining popularity with an increasing number of natural food colors and dyes produced commercially. Innovation in natural food colors, to mitigate the application challenges faced by the food industry, is one of the key approaches adopted by the companies to meet the propelling consumer demand.
The Confectionery Segment holds a Prominent Share
The consumption of sugar confectionery in France is expected to increase, assisted by the growth in population, development in the retail market, and stable economic growth. Moreover, manufacturers are involved in gregarious research and development to introduce new products with innovative flavors and healthy ingredients. The factors, which are expected to drive the demand in the near future are an increase in gifting trends and growth in the retail market.
Competitive Landscape
The report profiles companies, like DDW-Color house, Royal DSM, Sensient technologies, Chr. Hansen AS, and FMC Corp. To gain market share, these companies are adopting numerous market strategies, like innovative product development, partnerships, mergers and acquisitions, and expansion of existing facilities.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
Methodology
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