Food Colors Industry – Forthcoming Trends to Fuel the Global Growth

The food colors market is forecasted to achieve a value of USD 6.0 billion by 2028, marking a significant growth from USD 4.6 billion in 2023, with a compounded annual growth rate (CAGR) of 5.4% during the period from 2023 to 2028.

This growth trajectory is directly influenced by the expanding processed and packaged food & beverage sectors. The processing of food involves a range of techniques, including both thermal and non-thermal processes, which can alter the natural color characteristics of food items due to factors like temperature, moisture, and pH levels. Consequently, there is an increasing demand for food colors in processed food products to enhance their visual appeal and provide natural aesthetics.

The food colors industry is undergoing rapid evolution, driven by emerging trends and global forecasts.

Emerging trends in the global food colors market are:

Growing demand for natural food colors due to health and sustainability concerns.
Increasing adoption of clean label products driving the market for organic food colors.
Rising preference for vibrant and visually appealing food products, boosting the use of synthetic food colors with improved stability and solubility.
Expansion of the food and beverage industry, particularly in developing regions, driving the demand for food colors.
Stringent regulations regarding the use of synthetic food colors, leading to a shift towards natural alternatives.