TechNavio recognizes the following companies as the key players in the Global Natural Colorants Market: LycoRed Inc., Naturex SA, Royal DSM NV, Sensient Technologies Corp., and Sethness Products Co.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Natural Colorants market is witnessing increasing use of natural colorants in confectionery products such as candies and chewing gums. A gradual shift from the usage of synthetic or artificial colors to natural colors in the Confectionery segment of the Food industry is being noticed. Several leading players are introducing new natural color products to cater to this demand. For instance, Chr. Hansen A/S, a Denmark-based producer of natural ingredients for a range of industries such as Food and Nutrition and Pharmaceuticals, has introduced a new line of natural blue color, which is derived from spirulina, for application in candies and chewing gums. Such applications are expected to offer lucrative opportunities for vendors in the Global Natural Colorants market during the forecast period.”
According to the report, many drivers are contributing to the growth of the Global Natural Colorants market, the most important of which is the growing awareness about the ill-effects of synthetic colors in food. The usage of such synthetic colors has been linked to disorders in both children and adults. This has, in turn, led to increased demand by consumers for natural products with natural ingredients.
Further, the report states that stringent laws and regulations governing the market are a major challenge. These require vendors to carry out elaborate procedures. Such regulations are particularly rigid in developed regions such as North America and Europe.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-natural-colorants-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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