The Report “North America Food & Beverage Colorants Market By Type (Natural, Synthetic), By Application (Beverages, Bakery and Confectionary, Meat Products, Dairy Products), By Geography- Global Trends and forecast up to 2019”, is estimated to reach $809.4 million by 2019, growing at a CAGR of 4.7% from 2014 to 2019.
Browse through the TOC of the North America Food & Beverage Colorants Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Colors are used to enhance the appearance of food and make it preferable. The original color of the product fades when it is processed, which can be restored by the addition of food colorants. Food colors are widely used in applications such as beverages, bakery, confectionary, dairy products, and meat products. The North American food & beverage colorants market is dominated by synthetic colors, but is trending towards natural colors; this is because there is an increase in the health conscious consumers, who demands natural ingredients in food.
The North American food & beverages colorants market is estimated to be dominated by the U.S., followed by Canada in 2014. In U.S., with the rising incidences of foodborne illness and increasing demand for food products, the FDA and other regulatory bodies have incorporated stringent norms for food colors in North America. Poor-quality and synthetic colors can be prove unsuitable and hazardous for human consumption. Additionally, with increase in population, manufacturers are finding substitutes such natural colors to meet the rising demand and food safety norms. Thus, the food safety norms and increased production of the natural colors in North America are indirectly driving the market for food colors.
This report also includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it also presents a competitive landscape and company profiles of the key players in this market.
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