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The Natural Food Colors Market is projected to grow significantly, reaching $3.74 billion by 2031, at a CAGR of 6.8% during the forecast period of 2024–2031. In terms of volume, the market is expected to hit 194,988 tons by 2031, with a CAGR of 5.3% during the same period. The key drivers behind this growth include the rising demand for organic food, increasing consumer awareness of clean-label products, the need to enhance food appeal, expanded R&D in the food industry, and the development of microencapsulation technology for food coloring. Additionally, the growing interest in new raw material sources, increasing demand for plant-based foods, and opportunities in emerging markets are expected to create substantial growth prospects for stakeholders.
However, the high cost of natural food colors and strict regulations regarding their use are anticipated to hinder market growth.
Top 10 Companies in the Natural Food Colors Market
Oterra A/S (Denmark)
Formerly known as Chr. Hansen Natural Colors A/S, Oterra is a major player in the natural food colors market. Established in 1874 and headquartered in Hørsholm, Denmark, Oterra offers natural colors derived from various sources, including safflower, marigold, turmeric, and beetroot. The company caters to the food & beverage, dietary supplements, and pet food industries, providing customized shades for applications like beverages, confectionery, dairy, and savory products. Oterra has a strong presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Givaudan SA (Switzerland)
Founded in 1895 and based in Vernier, Switzerland, Givaudan SA is a global leader in flavors, fragrances, and cosmetic ingredients. Its Taste & Wellbeing segment offers specialty food ingredients, including natural food colors. With a strong distribution network in over 52 countries, Givaudan has a robust geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Sensient Technologies Corporation (U.S.)
Established in 1882 and headquartered in Wisconsin, U.S., Sensient Technologies develops both natural and synthetic colors for various industries, including food & beverages, pharmaceuticals, and personal care. Operating through three business segments, the company has a wide geographical reach, with manufacturing and R&D locations in more than 20 countries, covering regions like North America, Europe, and Asia-Pacific.
Archer-Daniels-Midland Company (U.S.)
ADM, founded in 1902 and based in Illinois, U.S., is a major player in the food processing and commodities trading sector. Its Nutrition segment provides natural colors alongside a wide range of ingredients like natural flavors, plant-based proteins, and emulsifiers. ADM has an extensive global supply chain, with over 450 crop procurement locations, 330 ingredient manufacturing facilities, and a presence in more than 190 countries.
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DSM-Firmenich AG (Switzerland)
Headquartered in Kaiseraugst, Switzerland, DSM-Firmenich was formed following the merger of Firmenich International SA and Koninklijke DSM N.V. in 2023. The company operates across four business segments, including Taste, Texture & Health, offering natural food colors for a wide array of industries. DSM-Firmenich has a presence in over 60 countries worldwide, including North America, Europe, Asia-Pacific, and Latin America.
BASF SE (Germany)
Founded in 1865 and headquartered in Ludwigshafen, Germany, BASF SE is a global manufacturer of chemical-based products. Through its Nutrition & Health division, the company provides natural food colors along with vitamins, carotenoids, enzymes, and other health-related ingredients. BASF operates across 90 countries, covering North America, Europe, Asia-Pacific, and Latin America.
Lycored Ltd (Israel)
Established in 1995 and based in Be’er Sheva, Israel, Lycored specializes in natural food colors derived from carotenoids. The company offers a variety of colorants for the food & beverage industry and operates as a subsidiary of ADAMA Ltd. Lycored’s products are distributed across North America, Europe, and Asia-Pacific.
Döhler Group (Germany)
Founded in 1838 and headquartered in Darmstadt, Germany, Döhler Group provides natural ingredients, including food colors, for the food & beverage industry. The company has a strong global presence, with over 45 production sites and operations in more than 160 countries, spanning Asia-Pacific, Europe, and the Americas.
GNT Group B.V. (Netherlands)
Established in 1978 and headquartered in Mierlo, Netherlands, GNT Group is renowned for its EXBERRY range of natural food colors, derived from fruits, vegetables, and edible plants. The company offers over 400 color shades and serves various sectors, including confectionery, dairy, and beverages. GNT operates in over 75 countries, covering Europe, North America, and Asia-Pacific.
Kalsec, Inc. (U.S.)
Founded in 1958 and based in Kalamazoo, Michigan, U.S., Kalsec specializes in natural food ingredients, including colors sourced from fruits and vegetables. The company’s product range covers a wide spectrum of hues and serves industries such as meat & poultry, snacks, and beverages. Kalsec has a significant geographical footprint across North America, Europe, and Asia-Pacific.
Other Notable Companies
- San-Ei Gen F.F.I., Inc. (Japan)
- Innovation Colour Technology S.L. (Spain)
- IFC Solutions (U.S.)
- Mane Kancor Ingredients Private Limited (India)
- Kolorjet Chemicals Pvt Ltd. (India)
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