In developing countries, demand for food colors is increasing significantly, due to industrial growth, which translated into greater urbanization; growing food and beverages industry; and higher per capita incomes. Also, growing middle-class consumers demands larger quantities of higher quality and diverse food products. As a result, the global food colors market has experienced consistent growth over the years.
The food colors market will grow at a CAGR of 7.4% during the forecast period to reach $4,651.4 million by 2024 from $3,026.9 million in 2018.
Here are the top 10 companies in Food Colors:
CHR Hansen Holding A/S
Founded in 1874 and headquartered at Hoersholm, Denmark; CHR Hansen Holding A/S is engaged in developing and selling natural solutions for food, nutritional, pharmaceutical, and agricultural industries. The Company operates through three segments, namely Food Cultures & Enzymes, Health & Nutrition, and Natural Colors. The Company offers natural colors for the beverages; confectionery and ice-cream; dairy and fruit preparations; dietary supplements; and prepared foods.
The Company has its geographic presence in North America, Asia-Pacific, Europe, the Middle East and Africa, and Latin America.
DSM (Dutch State Mines)
Founded in 1902 and headquartered at Heerlen, the Netherlands; DSM (Dutch State Mines) is engaged in sourcing, manufacturing, and marketing of nutritional products and functional materials. The Company operates through four business segments, namely Nutrition, Materials, Innovation Center, and Corporate Activities. These businesses serve various industries such as animal feed, food and beverages, pharmaceutical, infant nutrition, dietary supplements, personal care, medical devices, automotive, paints, electrical & electronics, life protection, alternative energy, and bio-based materials.
The Company offers wide range of highly functional and nature-based food colors for food, beverage, and dietary supplement applications. The Company has its geographic presence in North America, Latin America, Europe, Asia, and Middle East & Africa.
Sensient Technologies Corporation
Founded in 1882 and headquartered at Milwaukee, U.S.; Sensient Technologies Corporation is engaged in developing, manufacturing, and supplying colors, flavors, and fragrances. The Company operates through three segments, namely Flavors, Fragrances, and Color. The Company offers wide range of natural and synthetic color solutions for glossary items, pharmaceuticals, nutraceuticals, and food and beverage industry.
The Company has its geographic presence in North America, Europe, Latin America, and Asia-Pacific.
Archer Daniels Midland Company
Founded in 1902 and headquartered at Chicago, Illinois, U.S.; ADM is involved in manufacturing, selling, and distributing the food ingredients, animal feed ingredients, renewable fuels, and naturally derived alternatives to industrial chemicals. The Company’s operations are managed into four business segments, namely agricultural services, corn processing, oilseeds processing, and wild flavors & specialty ingredients. The Company offers an extensive and innovative line of colors derived from nature.
With more than 500 crop procurement locations, 270 ingredient manufacturing facilities, and 44 innovation centers, the Company serves customers in more than 170 countries across the globe.
Founded in 1838 and headquartered at Darmstadt, Illinois, Germany; Dohler Group is engaged in producing, marketing, and supplying technology-based natural ingredients, ingredient systems, and integrated solutions for the food and beverage. The Company operates through four business segments, namely Natural Ingredients, Ingredients System, Ingredients Solutions, and Value Chain. The Company offers natural colour solutions for food and beverage applications.
With 23 modern production sites, 24 application centres, and more than 50 sales offices, the Company has its geographic presence in 130 countries across the Asia-Pacific, Europe, the Middle East and Africa, South America, and North America.
A report into the projected growth of the current Food Colors Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2024, it’s expected to have grown at a CAGR of 7.4%, reaching over $ 4651.4 million.
Founded in 1897 and headquartered at Midland, U.S.; DowDuPont is engaged in research & development, manufacturing, innovating, and marketing of wide range of products. The Company operates through three business segments, namely Agriculture, Materials Science, and Specialty Products. The Company offers natural colors for food industry. The Company has its geographic presence across North America, Asia-Pacific, Europe, and Middle East, and Africa.
The company’s dynamic portfolio of products, materials, and services meets the ever-changing market needs of diverse industries in more than 90 countries.
D.D. Williamson & Co., Inc.
Founded in 1865 and headquartered at Louisville, U.S.; D.D. Williamson & Co., Inc. is engaged in providing caramel color and natural color solutions for food and beverage applications.The Company‟s product portfolio segmented as Natural Colors, Colouring Foods, Caramel Colors, Burnt Sugar, NaturBrown, EulsiTech, and Oil Technology. The Company offers natural colors mainly derived from agricultural, biological, or mineral sources.
The Company has its geographic presence across North America, Europe, South America, Asia-Pacific, and Africa.
Founded in 1992 and headquartered at Avignon, France; Naturex S.A. is engaged in sourcing, producing, and selling natural ingredients for food, health, and beauty sectors. The Company operates through three business segments, namely food and beverage, nutritional and health, and personal care. The Company offers various products to be used in food and beverage industries, including natural NAT color and color solutions. Naturex S.A. operates as a subsidiary of Givaudan SA.
The Company has its geographic presence across North America, Europe, Africa and the Middle East, Asia-Pacific, and Latin America.
Fiorio Colors S.R.L.
Founded in 1914 and headquartered at Milan, Italy; Fiorio Colors S.R.L. is engaged in manufacturing and supplying of food colors and dyes. The Company operates through various business segments, namely Food, Pharmaceutical, Detergency, Cosmetic, Agro-Animal-Feed, Industrial, and Special Application. The Company offers natural and synthetic colors. Fiorio Colori S.R.L. operates as a subsidiary of Aromata Group S.r.l.
The Company has its geographic presence across North America and Europe.
Founded in 1958 and headquartered at Michigan, U.S.; Kalsec Inc. is engaged in production and marketing of natural spice and herb flavor extract, colors, antioxidants, and advanced hop products for the food and beverage industry.The Company offers natural colors derived from natural fruits, vegetables, and other natural sources.
The Company has its geographic presence across North America, Europe, and Asia-Pacific.
Popular Mentions: FMC Corporation, BASF SE, Allied Biotech Corporation, Frutarom Industries Ltd., Lycored Ltd, GNT Group, and San-Ei Gen F.F.I., Inc.
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Authoritative Research on the Food Colors Market – Global Opportunity Analysis and Industry Forecast (2018-2024)
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