The chlorophyll color market is blossoming into a prominent player within the food coloring industry, projected to reach US$ 370.3 million by 2033. This remarkable growth, with a CAGR of 9.0%, signifies a shift towards natural and sustainable food coloring solutions. Consumers are increasingly seeking healthy and natural alternatives to synthetic colors, presenting a lucrative opportunity for B2B investors.
The demand for shelf-stable food color is increasing due to temperature, moisture control, light exposure, and color variation, which significantly impact a food product’s shelf life. As food manufacturers strive to achieve desired colors using natural ingredients, the adoption of chlorophyll color is expected to rise.
The rising demand for natural and plant-based food ingredients is also contributing to the market’s expansion. The increasing trend of veganism worldwide has led to a surge in demand for plant-based ingredients and natural products. Moreover, food manufacturers’ launch of allergen-free products further fuels the demand for natural food colors.
Several factors are fueling the demand for chlorophyll color, creating a fertile ground for B2B investment:
-
Surge in Shelf-Stable Food Color Demand: Manufacturers are challenged by factors like temperature control, light exposure, and color variation, impacting shelf life. Chlorophyll color, with its natural stability, emerges as a preferred solution for achieving consistent color in various food products.
-
Rise of Natural and Plant-Based Food Ingredients: The global veganism trend is driving the demand for plant-based ingredients. Chlorophyll color aligns perfectly with this trend, allowing food manufacturers to cater to health-conscious consumers seeking natural and clean-label products.
-
Growing Stringency in Regulations: Regulatory bodies are enforcing stricter regulations on artificial food additives. Chlorophyll color, being a natural ingredient, helps manufacturers comply with these regulations and avoid potential reformulations due to regulatory changes.
Tap into Market Opportunities and Stay Ahead of Competitors – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-13946
The implementation of stringent regulations plays a crucial role in chlorophyll color sales. Government organizations and regulatory agencies heavily influence the food color market through rules and regulations.
Changes in rules, such as the EU rule EC No. 1333/2008 on food additives, led to the substitution of chlorophyll in ice cream. Chlorophyll is no longer permitted for use in ice cream. These evolving norms and regulations can impact the industry positively.
The chlorophyll color market is experiencing significant growth in different regions. In North America, the United States hold a market share of 32.7% in 2022, driven by the increasing demand for processed food and the application of chlorophyll color in bakery products.
Germany leads the market in EMEAI, accounting for US$ 8.7 million in 2021 and capturing 10.0% of the value share in 2022. The demand for premium pet food and the willingness of consumers to pay more for quality products are driving growth in Germany.
Conventional chlorophyll color holds a substantial share of 74.30% in the global market due to its established methods and consumer preference for familiar products.
The beverage industry is a key driver for sales, with a share of over 24.0% in 2022, driven by the increasing demand for natural food ingredients. The candy/confectionary segment is also expected to witness high growth in the market.
The chlorophyll color market is experiencing exciting growth trends that present compelling opportunities for B2B investors:
-
Innovation in Production Techniques: Manufacturers are constantly innovating and improving chlorophyll extraction and processing techniques. This focus on efficiency and scalability is expected to reduce production costs and make chlorophyll color an even more attractive option for food manufacturers.
-
Expansion into New Applications: Chlorophyll color is finding increasing application beyond traditional uses in beverages and confectionery. Its use in bakery, snacks, dairy products, and even pet food is expanding, creating new market avenues for investors.
-
Strategic Partnerships: Collaboration between chlorophyll color manufacturers, food ingredient suppliers, and food processing companies can unlock the full potential of this market. This collaborative approach can ensure efficient supply chains, product development, and market penetration.
Contact Us Now To Discuss Your Customization Options And Unlock The Full Potential Of Market Intelligence For Your Business Success: https://www.futuremarketinsights.com/customization-available/rep-gb-13946
Competitive Landscape
Leading food companies widely utilize chlorophyll color to fulfill the increased need for components from natural resources. Furthermore, market participants are implementing techniques that allow them to grow their network and reach numerous consumers.
- Symrise AG, a flavor and fragrance manufacturer, revealed its comprehensive variety of Diana food blueberry components and active compounds in June 2022. Like other items in the natural component range, it has various qualities and performance benefits. Competitiveness, diverse organoleptic qualities, application-specific high-quality criteria such as infant food, distinct certification such as organic, and the possibility to claim health advantages are among them.
- DDW bought DuPont Natural Colours, part of DuPont’s Nutrition & Biosciences group, in 2019. As a result of the acquisition, DDW’s global presence as a provider of natural color solutions for the food and beverage industries can be enhanced. Along with technical and manufacturing capabilities in several vital natural colors.
Key Companies Profiled
CHR Hansen Holding A/S (Denmark), Koninklijke DSM N.V. (Netherlands), Sensient Technologies Corporation, Archer Daniels Midland Company , Döhler Group (Germany), D.D. Williamson & Co., Inc., Naturex S.A. (France), Aromata Group S.r.l (Italy), Kalsec Inc.
Gain Immediate Access to Detailed Market Insights Purchase Now: https://www.futuremarketinsights.com/checkout/13946
Chlorophyll Color Market Segmentation
By Nature:
- Organic
- Conventional
By Application:
- Beverage
- Bakery, Snacks, & Cereal
- Candy / Confectionery
- Dairy
- Fruit Preparations / Fillings
- Meat, Poultry, Fish, & Eggs
- Potatoes, Pasta, & Rice
- Sauces, Soups, & Dressings
- Seasonings
- Pet Food
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- The Middle East & Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
