Water Soluble Food color (Primary Food color) is water-soluble color that exhibits the coloring power when it is dissolved. Synthetic food colors are most commonly used food colors due to availability of wide hue range as well as competitive prices. Increase in consumer preference for high-quality products, growth in product innovation, and solidification of government regulations is expected to propel the growth in the upcoming years.
As per analysis, Global Water Soluble Food Colors Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027. Some of the key companies operating in the global water soluble food colors market include Vidhi Dyestuffs Mfg. Ltd., (VDML), JAGSON GOUP, UNILEX GROUP, Sun Food Tech, David Michael & Co, Roxy & Rich, Dynemic Products, Alliance Organics, Kolorjet, Vipul Organics and among others. Key players in the water soluble food colors market are focusing on increasing their presence through agreements & collaborations. These players have a strong presence in Asia Pacific, North America and Europe. They also have various manufacturing facilities along with the strong distribution networks across these specific regions.
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Based on types, Global Water Soluble Food Colors market can be segmented as synthetic food colors and natural food products. Synthetic food colors include Yellow No. 5, Yellow No. 6, Red 40/Allura Red and others. Additionally, natural food colors include Anthocyanin, Beta Carotene, Annatto and Astaxanthin. Natural food products segment holds major share in global market owing to increase in consumer awareness for clean label products along with increase in health benefits of natural products. In addition, based on application, market can be segmented as seasonings, dairy products, bakery products, beverages, desserts, pet foods and others. Beverages include functional drinks, juice & juice concentrates, alcoholic drinks and carbonated soft drinks.
Increase in health benefits of certain natural food colors, followed by rise in demand for natural colors, increase in need to enhance product appeal among manufacturers and rise in disposable incomes and changing lifestyles due to rapid urbanization are some major factors, which are responsible for growth of the water soluble food colors market. Apart from this, health hazards of synthetic colorants among consumers and low stability & high cost of natural colors may impact the market. Moreover, increase in ventures undertaken by manufacturers and growth in innovative color extractions with the use of new raw material sources are leading opportunities for global market.
Based on regional analysis, the Europe region dominates the global water soluble food colors market owing to increase in investment in the research & development (R&D) from major players of food industry along with increase in government support to promote the food processing sector across the region. The Asia-Pacific and North-America regions are anticipated to exhibit substantial growth rate due to rise in demand of processed food products in emerging & developing countries including China, India, Indonesia, and Thailand over the forecast period. It is predicted that future of the global water soluble food colors market will be bright as a result of rise in consumer demand for natural food products during the forecast period.
For More Information, refer to below link:-
Global Soluble Food Colors market Research Report
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