France Food Colorants Market Size, Share, and COVID-19 Impact Analysis, By Source (Natural and Synthetic), By Application (Processed Food, Bakery & Confectionery, Juices, and Functional Drinks), and France Food Colorants Market Insights, Industry Trend, Forecasts to 2033.
Industry: Food & BeveragesFrance Food Colorants Market Insights Forecasts to 2033
- The Market Size is Growing at a CAGR of 4.12% from 2023 to 2033
- The France Food Colorants Market Size is Expected to hold a significant share by 2033
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The France Food Colorants Market Size is Expected to hold a significant share by 2033, Growing at a CAGR of 4.12% from 2023 to 2033.
Market Overview
A food coloring, color additive, or colorant is any kind of dye, pigment, or material that adds color to food or drinks. Colorants are available in liquid, powder, gel, or paste form. In both home and professional cookery, food coloring is frequently utilized. Food colorants are also utilized in a variety of non-food industries, such as medicine, cosmetics, home crafts, and electronics. Colorings might be artificial, like tartrazine yellow, or natural, such as carotenoids and anthocyanins taken from plants or cochineal from insects. Food colorants are in high demand in France due to the country's extensive culinary traditions, strict food safety laws, and changing consumer tastes for upscale, aesthetically pleasing foods. The market for food colorants in France is a creative and dynamic industry that is always adjusting to new laws, regulations, and customer preferences.
Report Coverage
This research report categorizes the market for the France food colorants market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France food colorants market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France food colorants market.
France Food Colorants Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.12% |
Historical Data for: | 2019-2022 |
No. of Pages: | 165 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Source, By Application |
Companies covered:: | Koninklijke DSM N.V., BASF SE, Chr. Hansen A/S, Sensient Technologies, Dohler Group, FMC Corp, Kalsec Inc., D.D. Williamson & Co., and Others |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
Recently, new laws allowing the use of coloring foods in beer were established by the French government. The new regulations state that plant-based coloring components, such as plant extracts, fruit and vegetable concentrates, or floral extracts extracted non-selectively, may be used to beers in France. This legislation will provide significant momentum to the market and encourage the food & beverages industry to create new formulas. The primary pigments utilized to create red, purple, pink, and blue hues are betalain and anthocyanin. It is anticipated that France's need for anthocyanin will increase demand for food coloring.
Restraining Factors
Consumption of artificial food coloring is rising, particularly in kids. Excessive consumption in food dyes contaminated with pollutants may be harmful to an individual's health. It has been determined that artificial colors including red 40, yellow 6, and yellow 5 contain carcinogens that are toxic and can cause cancer if ingested frequently.
Market Segmentation
The France food colorants market share is classified into source and application.
- The natural segment is expected to hold a significant market share through the forecast period.
The France food colorants market is segmented by source into natural and synthetic. Among these, the natural segment is expected to hold a significant market share through the forecast period. This category includes a variety of plant-derived colorants, including anthocyanins (from fruits and vegetables), carotenoids (from carrots, tomatoes, and spices), and chlorophylls (from green leafy vegetables). This group also includes microbial-derived colorants such as carotenoids from microalgae and pigments produced during fermentation processes.
- The bakery & confectionery segment is expected to dominate the France food colorants market during the projected period.
Based on the application, the France food colorants market is divided into processed food, bakery & confectionery, juices, and functional drinks. Among these, the bakery & confectionery segment is expected to dominate the France food colorants market during the projected period. Products from bakeries and confectioneries, including cakes, pastries, cookies, candies, and chocolates, are a staple of many people's diets and indulgence preferences. To improve their aesthetic appeal and draw in customers, these products frequently rely largely on bright and attractive colors.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the France food colorants market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Koninklijke DSM N.V.
- BASF SE
- Chr. Hansen A/S
- Sensient Technologies
- Dohler Group
- FMC Corp
- Kalsec Inc.
- D.D. Williamson & Co.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In May 2022, Firmenich and DSM announced that they have signed a business combination agreement (the "BCA") to form DSM-Firmenich, the industry's premier partner for innovation and creation in nutrition, beauty, and well-being.
Market Segment
This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France Food Colorants Market based on the below-mentioned segments:
France Food Colorants Market, By Source
- Natural
- Synthetic
France Food Colorants Market, By Application
- Processed Food
- Bakery & Confectionery
- Juices
- Functional Drinks
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