The global sunset yellow FCF market is projected to reach a market valuation of US$ 74.7 Million in 2022 and US$ 150 Million in 2032, exhibiting a CAGR of 6.25% between 2022 and 2032. The ability of sunset yellow FCF to give the right colors and better stability than the natural additives and rising applications in food and beverages industry are pushing the demand for sunset yellow FCF globally.
Over the years, demand for synthetic food colors such as sunset yellow FCF has grown at a significant rate owing to their rising usage in food products, beverages, pharmaceuticals, animal feed, etc. These artificial colors are highly effective and can quickly provide vivid and consistent color to foods and beverages. Furthermore, they are easily miscible in the solution.
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Sunset Yellow FCF, also known as orange-yellow S, is a petroleum-based acid orange azo dye which is being increasingly used in foods and beverages. Moreover, it can also be used in conjunction with E123, amaranth, to produce a brown coloring in both chocolates and caramel.
Growing consumer inclination towards aesthetic or more appealing food products is expected to provide a strong thrust to the growth of sunset yellow FCF market during the forecast period. Food and beverage manufacturers utilize sunset yellow FCF to improve the appeal of their products. Different beverage items, such as soda, energy drinks, and soft drinks will appear to be colorless if sunset yellow color is not added to them during the manufacturing process.
Key Takeaways from Market Study
- By application, bakery, snacks, and cereals segment accounts for over 21.8% share of the global market while the soups, sauces, and dressings segment is expected to grow at a robust CAGR of 7.2% during the forecast period
- The Asia-Pacific sunset yellow FCF market exhibited sales of 2500 metric tons by volume and is expected to grow at 6.5% CAGR between 2022 and 2032.
- Demand for Sunset Yellow food colors in EMEAI market is expected to grow at 5.9% CAGR between 2022 and 2032.
- The North American market recorded sales of USD 23.5 Mn and is expected to register a 4.9% CAGR during the assessment period of 2022 and 2032.
- Sunset yellow FCF market in Germany reached around US$ 4.5 Mn in 2022.
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“Sunset yellow FCF producers will gain significantly by targeting the decorative food start-ups in the food processing industry. Foraying into emerging economies and establishing strategic alliances with global processing industries will also help sunset yellow FCF brands to increase their revenue share,” says a Future Market Insights analyst.
Competitive Landscape
Sunset yellow FCF manufacturers are establishing strategic alliances with packaged food brands and food processing industries. They are also investing in research and development to foray into other industries like cosmetics and personal care.
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Future Market Insights, in its new report, offers an impartial analysis of the global sunset yellow FCF market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on type (powder, lakes, dyes), and 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), across seven major regions of the world.
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The Food and Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
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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