The global brilliant blue FCF colors market is projected to reach a valuation of US$ 53.8 Million in 2022, exhibiting growth at a CAGR of 4.8% during 2022-2032.
Demand for brilliant blue FCF colors is expected to grow at approximately 9,500 metric tons by 2032. Brilliant blue FCF colors are widely used in processed commercial food, thereby providing them with an artificial green color. These are also added to food items to enhance their naturally occurring color, make them attractive, and enable consumers to identify the product from afar.
Brilliant blue FCF color is also called Blue 1. The global brilliant blue FCF market is mainly driven by growing demand for exotic-looking food items with unique flavors and textures. Increasing influence of social media platforms is set to encourage consumers to purchase aesthetically appealing food and beverages.
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Increasing awareness about natural food ingredients among people across the globe may hamper the demand for synthetic brilliant blue FCF colors in the next decade. Rising cases of dye allergies, stringent government norms to control the use of food colors, and shift of consumers towards natural blue spirulina colorants are a few other restraints of the global market.
Key Takeaways: Brilliant Blue FCF Colors Market
- Brilliant blue FCF colors exhibited sales of about 5050 metric tons in 2021 and their demand is expected to reach approximately 9500 metric tons by 2032.
- The North America brilliant blue FCF market is expected to register 4.2% CAGR between 2022 and 2032.
- The Latin America brilliant blue FCF colors market accounted for US$ 7.6 Mn in terms of value and 708 metric tons by volume in 2021.
- The China brilliant blue FCF colors market is anticipated to register 4.9% CAGR between 2022 and 2032 and it recorded sales of US$ 4.05 Mn in 2021.
- The brilliant blue FCF colors market in India is expected to register 6% CAGR during the forecast period of 2022 and 2032.
“Brilliant blue FCF color producers are striving to generate high revenues by partnering up with cereals, cakes, pastries, savory snacks, ice-creams, jellies, and licorice manufacturers. They are also focusing on establishing strategic alliances with regional bakery and candy brands to gain a competitive edge,” says a Future Market Insights analyst.
Competitive Landscape: Brilliant Blue FCF Colors Market
Some of the prominent players present in the global brilliant blue FCF colors market include Koel Colors, Clariant, BASF, Sensient Colors LLC, Spectra Colors, MIFAR, Sun Chemical (DIC), Daito Kasei Kogyo, Neelikon Food Dyes & Chemicals, Symrise, Sunfoodtech, Dynamic Products Ltd., Sigma-Aldrich Co. LLC., GNT International B.V., GFS Chemicals Inc, and Shanghai Dyestuffs Research Institute Co. Ltd., among others.
Key players are focusing on strengthening their distribution channels to compete with their rivals in the global market. Many regional chemical companies are also aiming to join hands with international players to co-develop innovative products.
More Valuable Insights on Brilliant Blue FCF Colors Market
Future Market Insights, in its new report, offers an impartial analysis of the global brilliant blue FCF colors market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on form (solid, powder, and granulated), solubility (lakes, and dyes), and application (beverage, bakery, snacks, & cereals, candy/confectionery, dairy, fruit preparations/fillings, meat, poultry, fish, & eggs, potatoes, pasta, & rice, sauces, soups, & dressings, seasonings, and pet food) across seven major regions of the world.
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Brilliant Blue FCF Colors Market Outlook by Category
By Form:
- Solid
- Powder
- Granulated
By Solubility:
- Lakes
- Dyes
By Application:
- Beverage
- Bakery, Snacks, and Cereals
- Candy/Confectionery
- Dairy
- Fruit Preparations/ Fillings
- Meat, Poultry, Fish, and Eggs
- Potatoes, Pasta, and Rice
- Sauces, Soups, and Dressings
- Seasonings
- Pet Food
- Others
Author
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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