According to the report "Asia Pacific Food Colors Market", published by Market Data Forecast, the market is projected to reach USD 951.72 Million by 2021, at a CAGR of 8.9 % from 2016 to 2021.

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Natural or synthetic food colors can be used in various food industries. Firstly, artificial colors will lead to the market, though natural colors were at a primary phase. Players in the market are declared on the basis of aspects such as quality, sturdiness, flavour and the colour variations and brightness of the product.  

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Rising consumption for packed, ready-to-eat meals, confectionery and baked goods, particularly in the developing countries is driving the use of food colors. The market is driven by the natural colors and is anticipated to grow faster than the synthetic and nature identical colors. The market is also charged by easily available raw materials which consist of fruits & vegetables.

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Segmentation:

By Type:

• Natural Colors
• Anthocyanins
• Carotenoids
• Caramel
• Synthetic Colors
• Red
• Yellow
• Blue
• Green
• Nature-Identical

By Application:

• Beverages
• Bakery and Confectionery
• Dairy
• Meat

By Form:

• Liquid
• Liquid Gel
• Gel Paste
• Powder

By Solubility:

• Dyes
• Lakes

By Country:

• China
• Japan
• India
• South Korea
• Australia

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Various companies are contributing for this market such as LycoRed, DD Williamson, Archer Daniels Midland Company (U.S.), Sethness Products, Fiorio Colori, Chr. Hansen S/A (Denmark), Roha Dyechem, Sensient Technology Corporation (U.S.), Koninklijke DSM N.V. (Netherlands), San-Ei Gen F.F.I. Inc., WILD, DSM, Naturex, Phytone, GNT Group and FMC Corporation (U.S.).

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