Natural colours, flavours market growing

6 Oct 2015

Increasing demand for natural and clean label products, increasing awareness regarding the ill-effects of artificial colours and flavours, additional health benefits of certain natural colours and flavours have played a major role in boosting the natural food colours and flavours market globally, according to researcher Markets and Markets in a new report. The market is […]

Natural colours, flavours market growing

shutterstock_7711777Increasing demand for natural and clean label products, increasing awareness regarding the ill-effects of artificial colours and flavours, additional health benefits of certain natural colours and flavours have played a major role in boosting the natural food colours and flavours market globally, according to researcher Markets and Markets in a new report. The market is projected to reach $7.79 billion by 2020 at a CAGR of 7.0% from 2015 to 2020. The beverage and functional food and dietary supplement manufacturers form the target audience for the report, along with dietary supplements, frozen products, and bakery producers particularly in developed regions.

The report is claimed to provide a full analysis of key companies and competitive analysis of developments recorded in the industry since 2010. In the report, market drivers, restraints, opportunities, and challenges are  discussed, and leading players in the market such as Sensient, Chr. Hansen, Symrise, IFF, Kerry, Givaudan, DSM, ADM, and FMC are profiled to provide an insight into the competitive scenario in the natural food colours and flavours market. Strategic expansions and new product launches have been the key strategies adopted by leading companies, Markets and Markets said, and companies have also adopted strategies such as acquisitions, partnerships, joint ventures, and investments.