(PRWEB) July 06, 2014
The North American market holds the major share in the global colors market and is projected to grow at a CAGR of 4.6% from 2011 to 2016. In North America, the growing demand for clean labels, consumer awareness for the type of color (natural and synthetic) used in the food products are the main drivers to increase the market for colors. In addition, North America is considered to be one of the most technical advanced regions. The remarkable biotechnological growth in the field of natural colors is pushing the American food colors market. In turn these advancements have lead manufacturers in finding substitutes to meet the rising demand for food safety norms.
Browse through the market data tables, figures and detailed ToC on the “North America Food & Beverage Colorants Market”.
Europe Food & Beverage Colorants Market
The European market has shown a tremendous increase in the growth for food colors market globally. By application the food colors market can be segmented into beverage, bakery & confectionery, dairy products. The demand for natural food is driving the European food color market. The increasing health awareness is pushing the European consumers to purchase more of natural food products. Natural food products contain natural food colors that impart number of health benefits along with taste and variety. Manufacturers are tapping the increasing demand for natural foods and escalating the production of natural food colors. The European color market is projected to grow at a CAGR of 4.9%.
Asia-Pacific Food & Beverage Colorants Market
As a new trend, the emerging markets of Asia Pacific regions have shown promising growth for food colours market in the coming years. Food colours market in Asia Pacific market is segmented in to natural and synthetic market where the natural colour market is accounted to have highest market share which is projected to increase at a CAGR of 5% in 2014-2019. As on the global scale, the Asia-Pacific food colour market is influenced by the availability of raw materials for food colours, increasing consumer awareness about health and use of natural colours over health.
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