The Food & Beverage Colorants Market in Asia-Pacific is Estimated to Reach $539.9 million by 2019 - A Report by MicroMarket Monitor

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The report “The Food & Beverage Colorants Market in Asia-Pacific” analyzes and studies major market drivers, restraints, opportunities, and challenges in Asia Pacific.

MicroMarket Monitor

MicroMarket Monitor

Key players in The Food & Beverage Colorants Market in Asia-Pacific include FMC Corporation (Us), Chr. Hansen (Denmark), Naturex SA (France), and Sensient Technologies Corporation (US).

The Asia-Pacific Food & Beverage Colorants Market is expected to grow from $405.9 million in 2013 to $539.9 million by 2019, at a CAGR of 4.8% from 2014 to 2019.

Browse through the TOC of The Asia-Pacific Food & Beverage Colorants Market for an analysis of industry trends, segment for an analysis of industry trends, segments & forecasts.

In Asia-Pacific, the food & beverages colorants market in India is expected to grow at the fastest CAGR during the forecast period of 2014 to 2019. The market demand for food products is mainly driven by the increasing population and the rising disposable incomes, resulting from economic development in the region. Due to the harmful effects of synthetic food colorants, their consumption is gradually coming down in India. However, due to the relatively higher costs of natural colorants, the shift from synthetic colorants is projected to occur over a long period of time. Presently, there is a rampant use of unpermitted colorants and the misuse of permitted colors taking place in the Indian food processing industry.

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In 2014, the Asia-Pacific market was dominated by a large number of small producers and distributors of F&B colorants. Chr. Hansen (Denmark) is one of the fastest-emerging players in the Asia-Pacific food & beverages colorants market. The FMC Corporation (U.S.) is leading the Asia-Pacific market with share of 16.7%, as of 2014. FMC Corporation operates through three business segments, namely agricultural products, specialty chemicals, and industrial chemicals; and their natural colorants are used in food applications such as bakery products, beverages, canned fruits, cereals & snacks, confectionery, dairy, dry mixes, fats & oils, ice creams, frozen desserts, meat products, pasta, sauces, pet foods, along with dressings and sea foods. Among the application segments, the frozen meat products segment is projected to be largest market shareholder of the Asia-Pacific colorants market in the coming years.

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The Asia-Pacific market is driven by the rising disposable incomes of the population, especially in India and China. The rising demand from Australia and New Zealand is also projected to drive the growth of the Asia-Pacific colorants market during the forecast period of 2014 to 2019.

Related Report:

Europe Food & Beverage Colorants Market

Europe Food & Beverage Colorants market accounts for 60% of the global Food & Beverage Colorants along with the North American region.
Chr. Hansen Cultures & Enzymes, Naturex Food & Beverage, FMC Corporation and Sensient Food Colors are some of the major companies in the Europe Food & Beverage Colorants market.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Food & Beverage industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Food & Beverage industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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