Asia Pacific Natural Food Colours and Flavours Market Size and Growth Analysis:
Asia Pacific Natural Food Colours and Flavours Market was worth USD 1.09 billion in 2022 and is estimated to be growing at a CAGR of 8.3%, to reach USD 1.62 billion by 2027.
Food Colours and Flavours are the food additives that impart certain colours and flavours respectively. People associate certain Colours with certain Flavours and the colour of food can influence the perceived flavour sometimes Colours are added to make the food more appealing. flavourings are added to create a flavour for food products that do not have desired Flavours like beverages and candies. Natural Flavours and Colours do not cause any side effects or adverse effects like artificial Flavours and Colours. Natural Food Colours and Flavours are addictive substances that are added to food and beverage to make them more appealing and tasty. Primary factors accounted for driving the market are the increasing popularity for natural and clean labelled food and beverage products, growing awareness regarding health concerns caused by using artificial flavourings and Colours, and additional health benefits offered by some of the natural colouring and flavouring agents. However, expensive raw material costs and stringent regulatory frameworks are the factors hindering the growth of the market.
The Asia Pacific market for Natural Food Colours and Flavours is segmented
based on
Food colour Type
Food flavour Type
Application.
Based on Food colour Type –
Caramel
Carotenoids
Anthocyanins.
Based on Food flavour Type
Natural Extracts
Aroma Chemicals
Essential oils
Based on Application -
Beverages
Dairy and Frozen Products
Fruits and Vegetables
Processed Food,
Meat Products,
Bakery and Confectionary
Oil and Fat.
China
India
Japan
South Korea
Australia
China is leading the market regionally, due to the presence of market leaders and increasing popularity of the health benefits of Natural Food Colours and Flavours among individuals. India is expected to grow the fastest owing to its increasing disposable income, growing government initiatives to manufacture Natural Food Colours and Flavours and growing adoption rate. Based on applications beverage segment holds the major share in the market due to increasing applications in this segment, and increased consumption of beverages containing natural products while the processed food segment is expected to grow at a higher CAGR due to increasing demand for processed food and increasing awareness regarding ill-effects caused by artificial additives.
Sensient Technologies Corporation,
Chr. Hansen Holding A/S
Symrise AG
International Flavours & Fragrances Inc
Kerry Group Plc.
Givaudan SA
Royal DSM N.V.
Archer Daniels Midland Company
Roha Dye Chem Pvt. Ltd
FMC Corporation
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