The Natural Food Colors And Flavors Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).

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In accordance with The Business Research Company’s comprehensive analysis in the Natural Food Colors And Flavors Global Market Report 2024, the noteworthy expansion of the natural food colors and flavors market has been evident in recent times. Projected to ascend from $6.1 billion in 2024 to an estimated $6.56 billion by the same year, the compound annual growth rate (CAGR) is an impressive 7.6%. This upward trajectory stems from heightened consumer health awareness, regulatory shifts, and the robust growth of the food and beverage sector, further accentuated by the prevalence of food allergies.

Anticipated to maintain its robust momentum, the natural food colors and flavors market is poised for significant advancement, foreseeing a noteworthy surge to $9.1 billion by 2028, accompanied by a CAGR of 8.5%. The projected growth is underpinned by various factors, including the surge in plant-based products, the proliferation of clean meat and dairy alternatives, escalating demand for organic foods, the ascendancy of clean snacking, and the allure of reduced sugar products. The forecast period unveils pivotal trends such as technological innovation, the prominence of clean-label certification, sustainability imperatives, advancements in natural food colors, and the burgeoning development of nutraceuticals.


Rising concerns regarding the health hazards posed by the consumption of synthetic colors drove the market for natural food colors and flavors. Synthetic food colors and flavors are chemicals that originate from coal tar derivatives, petroleum, or crude oil and cause health hazards such as high blood pressure, DNA mutation, obesity, infertility and others. For instance, Auramine is a food color known to retard growth and damages kidneys, liver. Lead chromate is yellow food color that can be dangerous to health causing anemia, abdominal pain, hypertension, neurological problem. According to the study published by the Brazilian Journal of Biology, the researchers fed 2ml of chocolate flavoring, 5ml of strawberry flavoring per Kg for a group of mice, and on day 6 all the mice died due to toxic effects on gene and cells. Therefore, the rising health hazards from the consumption of synthetic colors have raised concerns in consumers and this, in turn, drove the market for natural food colors and flavors.

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The natural food colors and flavors market covered in this report is segmented –
1) By Color Type: Caramel, Carotenoids, Anthocyanins, Curcumin, Annatto, Copper Chlorophyllin, Capsanthin, Other Color Types
2) By Flavor Type: Natural Extracts, Aroma Chemicals, Essential Oils, Other Flavor Types
3) By Form: Liquid And Gel, Dry
4) By Application: Beverages, Bakery, Confectionery, Dairy And Frozen, Meat Products, Other Applications

A distinctive trend surfacing in the natural food colors and flavors market landscape involves manufacturers tailoring their offerings to align with the local palate, a strategy gaining traction. This localization phenomenon is becoming increasingly prominent, fueling demand for specific natural food coloring agents customized for each region. The strategic production of food colors and flavors in response to local preferences not only resonates with consumers but also yields cost efficiencies by mitigating shipping expenses. Archer Daniels Midland (ADM), a US-based multinational food processing and commodities trading corporation, exemplifies this paradigm with its production facility in India. This facility meticulously crafts mint flavors to cater to the discerning tastes of Indian consumers, sourcing raw materials locally to bolster community economies. Beyond its economic implications, this localized approach spurs regional growth, creates employment opportunities, and stimulates increased consumer spending. The confluence of localized production and consumer-centric approaches epitomizes a pivotal shift in the dynamics of the evolving natural food colors and flavors market.

The natural food colors and flavors market report table of contents includes:

1. Executive Summary
2. Natural Food Colors And Flavors Market Characteristics
3. Natural Food Colors And Flavors Market Trends And Strategies
4. Natural Food Colors And Flavors Market - Macro Economic Scenario
5. Global Natural Food Colors And Flavors Market Size and Growth

.....
31. Global Natural Food Colors And Flavors Market Competitive Benchmarking
32. Global Natural Food Colors And Flavors Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Natural Food Colors And Flavors Market
34. Natural Food Colors And Flavors Market Future Outlook and Potential Analysis
35. Appendix

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