Leading Innovators in the Natural Food Colors Market: Top 10 Companies Shaping the Future


Posted September 10, 2024 by Harshal

According to the latest publication from Meticulous Research®, the global natural food colors market is projected to reach $3.74 billion by 2031, at a CAGR of 6.8% during the forecast period 2024–2031.
 
The global Natural Food Colors Market is forecasted to grow significantly, reaching a value of $3.74 billion by 2031, with a Compound Annual Growth Rate (CAGR) of 6.8% during the 2024–2031 period. In terms of volume, the market is projected to hit 194,988 tons by 2031, growing at a CAGR of 5.3% over the same period. Key factors driving this growth include the increasing demand for organic foods, heightened awareness surrounding clean-label products, the need for enhanced product appeal, ongoing research and development within the food industry, and advancements in microencapsulation technology for food colors.

Additionally, the rising interest in alternative raw materials, the growing popularity of plant-based foods, and opportunities within emerging economies are expected to provide promising prospects for market players. However, market expansion may be constrained by the high costs of natural food colors and strict regulatory policies governing their use.

Leading Players in the Global Natural Food Colors Market

1. Oterra A/S (Denmark)
In May 2021, Chr. Hansen Natural Colors A/S, a subsidiary of Chr. Hansen, rebranded as Oterra A/S. Established in 1874 and headquartered in Hørsholm, Denmark, Oterra specializes in producing natural food colors derived from various sources such as safflower, marigold, turmeric, palm fruits, fungi, sweet potatoes, and spirulina. Serving industries like food & beverage, dietary supplements, and pet food, Oterra offers customized shades of natural colors tailored to customer specifications. With a broad geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, Oterra remains a key player in the industry.

2. Givaudan SA (Switzerland)
Headquartered in Vernier, Switzerland, and founded in 1895, Givaudan SA is a major producer of flavors, fragrances, and active cosmetic ingredients. Through its Taste & Wellbeing business segment, Givaudan provides specialty food ingredients, including natural colors, flavors, and functional solutions. The company operates in over 52 countries and has a strong geographic footprint across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

3. Sensient Technologies Corporation (U.S.)
Founded in 1882 and based in Wisconsin, U.S., Sensient Technologies manufactures both natural and synthetic colors for a variety of industries, including food, beverages, pharmaceuticals, and personal care. Its Color Group business segment provides natural food color solutions for applications such as bakery, confectionery, and pet food. With 40 R&D and manufacturing locations spread across more than 20 countries, Sensient boasts a global reach across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

4. Archer-Daniels-Midland Company (U.S.)
Based in Illinois, U.S., and founded in 1902, Archer-Daniels-Midland Company (ADM) is a global leader in food processing and commodities trading. ADM offers a wide range of natural food color products through its Nutrition business segment, alongside a robust portfolio of other natural ingredients, including plant-based proteins and botanical extracts. The company’s extensive supply chain spans more than 190 countries, providing it with a strong global presence.

5. DSM-Firmenich AG (Switzerland)
Formed in 2023 through the merger of Firmenich International SA (Switzerland) and Koninklijke DSM N.V. (Netherlands), DSM-Firmenich AG is based in Kaiseraugst, Switzerland. The company focuses on nutrition, health, and beauty, providing a wide array of products such as enzymes, colors, proteins, and vitamins. With operations in over 60 countries, DSM-Firmenich has a solid geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Browse In Depth: https://www.meticulousresearch.com/product/natural-food-colors-market-5088

6. BASF SE (Germany)
Established in 1865 and headquartered in Ludwigshafen, Germany, BASF SE is a leading producer of chemical-based products. The company’s Nutrition & Health division, part of its Nutrition & Care business segment, offers natural food colors along with vitamins, carotenoids, and enzymes. BASF maintains a broad distribution network across 90 countries, with a significant presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

7. Lycored Ltd (Israel)
Founded in 1995 and headquartered in Be’er Sheva, Israel, Lycored specializes in carotenoids and natural food colors derived from tomatoes, marigolds, and other natural sources. The company operates as a subsidiary of ADAMA Ltd. and maintains a presence in North America, Europe, Asia-Pacific, the Middle East, and Africa.

8. Döhler Group (Germany)
Established in 1838, Döhler Group, headquartered in Darmstadt, Germany, produces natural food colors along with flavors, health ingredients, and other integrated solutions for the food and beverage industry. With more than 45 production sites and 75 application centers, Döhler has a global footprint across Asia-Pacific, Europe, the Middle East & Africa, South America, and North America.

9. GNT Group B.V. (Netherlands)
Headquartered in Mierlo, Netherlands, GNT Group, established in 1978, produces natural food colors primarily derived from fruits, vegetables, and plants. The company’s flagship EXBERRY brand offers over 400 color shades. GNT has a presence in more than 75 countries, including North America, Europe, Asia-Pacific, and the Middle East & Africa.

10. Kalsec, Inc. (U.S.)
Based in Kalamazoo, Michigan, and founded in 1958, Kalsec produces natural food colors derived from fruits, vegetables, and other natural sources. The company supplies these products to various industries, including beverages, meat & poultry, and plant-based proteins. Kalsec operates in North America, Europe, Latin America, and Asia-Pacific.

Honorable Mentions: Other notable companies in the natural food colors market include San-Ei Gen F.F.I., Inc. (Japan), Innovation Colour Technology S.L. (Spain), IFC Solutions (U.S.), Mane Kancor Ingredients Private Limited (India), and Kolorjet Chemicals Pvt Ltd. (India).

Top 10 Companies: https://meticulousblog.org/top-10-companies-in-natural-food-colors-market/

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Issued By Harshal
Country United States
Categories Business , Food , Nutrition
Tags top 10 companies in natural food colors market , top 10 companies , natural food colors market
Last Updated September 10, 2024