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Artificial Food Dyes Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

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Dec 2020 | 41 Views
 
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Artificial Food Dyes Market Analysis 2020-2027:

 

Artificial food dyes are materials that enhance the appearance of food and beverages. They are produced from coal tar, petroleum, and crude oil. The life span of artificial dyes is greater than natural dyes; therefore, artificial dyes have high demand in wide applications. Artificial dyes also protect flavors and vitamins from harmful ultraviolet rays and help to maintain the taste of food items. They are available in liquid, powder, paste, and gel forms. Moreover, artificial food dyes have a high demand in commercial food production as well as in domestic cooking. Therefore, these features are expected to witness significant growth of the artificial food dyes market over the forecast timeframe.

Market scope and structure analysis:

Report Metric

Details

Market size available for years

2019–2027

Base year considered

2019

Forecast period

2020–2027

Forecast units

Value (USD), Volume (Tons)

Segments covered

Products, Application, and Region

Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

Companies covered

ADM, DowDuPont, Sensient Technologies, Kalsec, DDW, Chr. Hansen, DSM, Naturex, Döhler Group, FiorioColori, LycoRed, and Frutarom

COVID-19 scenario analysis:

  • The suspension in the manufacturing activities and low demand for food & beverages are expected to hamper the market growth.
  • Additionally, insufficiency in raw material supply is anticipated to further hamper the production rate of artificial dyes, thus affecting the market growth.
  • Social distancing norms and limitation of labor force in various food parlors and restaurants further affected the market negatively.
  • However, sectors, such as domestic cooking, are expected to witness steady growth to curb the rapid spread of the virus. The application of food dyes in domestic cooking may improve the market scenario slowly.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

The expansion of urbanization and increase in population are the major drivers for the artificial food dyes market. More population leads to high consumption of food, and rise in demand in the food industry is directly proportional to the high usage of food products. Artificial food dyes impart attractive color to the food as well as maintain good taste. Therefore, this attracts the consumers toward the usage of artificial food dyes. However, strict regulations of food authorities on artificial food dyes are expected to hamper the growth of the artificial dyes market. In addition, increase in consumer awareness toward natural dyes over artificial food dyes is another major restraint for the artificial food dyes market.

The artificial food dyes market trends are as follows:

Surge in usage in residential and commercial applications

Manufacturers have been focusing to produce new products for specific applications as there are varying demands based on utilization. Leading market players have determined to improve accuracy as that can be influential in many applications. Additionally, the growing urbanization and food industry drive the demand for artificial food dyes. Moreover, artificial food provides attractive look to food and beverages; therefore, the application of artificial food dyes is expected to increase over the forecast timeframe.

Key segments covered:

Segments

Sub-Segments

Products

  • Liquid
  • Powders
  • Paste
  • Gels

Application

  • Meat Products
  • Nutraceutical
  • Frozen Products
  • Others

Region

 

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Key benefits of the report:

  • This study presents the analytical depiction of the artificial food dyes market along with the current trends and market estimation to determine the imminent investment pockets.
  • The report represents information related to key drivers, restraints, and opportunities along with detailed analysis of the artificial food dyes market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the artificial food dyes market growth scenario.
  • The report provides a detailed analysis based on competitive and how the competition will take shape in coming years.
  • This report helps users in comprehending the key product segments and their future.

Questions answered in the artificial food dyes market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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