Global Natural Food Colors and Flavors Market Report 2020-30: Growth and Change in COVID-19

The main players in the natural food colors and flavors market are Archer Daniels Midland, CHR Hansen, Kerry Group, San-Ei Gen, Symrise, International Flavors & Fragrances, Sensient Technologies Corporation, Givaudan, FMC Corporation, GNT International, Kalsec, Royal DSM , Döhler, Naturex, ROHA Dyechem, DDW The Color House, Aromata Group, BASF SE, Takasago International Corporation, DuPont, Mane, T.

New York, September 29, 2021 (GLOBE NEWSWIRE) – announces the publication of the report “Natural Food Colors And Flavors Global Market Report 2020-30: COVID-19 Growth And Change” – https: // www.
Hasegawa, Firmenich, Robertet, Synergy Flavors, Amar Bio-Organics India, Taiyo International, The Food Flavors, Besmoke, Gulf Flavors and Food Ingredients, and Seluz Fragrances & Flavors Company.

The global natural food colors and flavors market is expected to grow from $ 4.36 billion in 2020 to $ 5.06 billion in 2021 at a compound annual growth rate (CAGR) of 16.2%. The growth is mainly due to companies resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 6.14 billion in 2025 at a CAGR of 4.9%.

The natural food colors and flavors market includes sales of natural food colors and flavors by entities (organizations, independent traders and partnerships) that manufacture natural food colors and flavors that are used in food preparations. Natural food colors and flavors are extracted from plants, animals and other organic materials using physical or chemical methods.

Natural food colors and flavors come in many forms like liquids, powders, gels, pastes and these are used in commercial food production as well as in home cooking.

The main types of natural food coloring are caramel, carotenoids, anthocyanins, curcumin, annatto, copper chlorophyllin, capsanthin and others. The main types of flavors are natural extracts, aromatic chemicals, essential oils and others.

Caramel color is one of the oldest and most widely used food coloring in foods and drinks. Carotenoids are plant pigments that produce bright yellow, red and orange colors and these colors are used as natural dyes in foods and drinks.

Annatto is an orange-red food coloring or condiment made from the seeds of the achiote that grows in the tropics of South and Central America. Natural food colors and flavors are available in liquid and dry form and used in various applications such as beverages, bakery, confectionery, dairy and frozen products, meat products and others.

Europe was the largest region of the natural food colors and flavors market in 2020. Asia-Pacific is expected to continue to be the fastest growing region during the forecast period.

The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.

Manufacturers of natural food colors and flavors are increasingly manufacturing food colors and flavors based on the tastes and preferences of local residents and this is an emerging trend in the food colors and flavorings market. . The act of localization creates a demand for specific natural food colors based on each region.

In addition, manufacturing food colors and flavors according to local demand reduces shipping costs because the cost of fuel consumption is low compared to fuel consumption due to shipping products over long distances. For example, Archer Daniels Midland (ADM), a multinational food processing and commodity trading company based in India, has a production facility in India that produces mint flavors based on demand from Indian customers.

This facility purchases raw materials from local farmers and makes natural mint and other flavors. Location also increases economic growth by stimulating local manufacturers, creating jobs and increasing spending.

In December 2020, McCormick & Company Inc, a global food company that manufactures spices, seasoning blends, condiments and flavoring products, acquired FONA International Inc, a natural flavors company for $ 710 million. dollars in cash. The acquisition of FONA International is expected to expand McCormick’s existing product portfolio and expand capabilities such as research and development, expertise in flavoring health products and performance nutrition.

Growing concerns about the health risks posed by the consumption of synthetic colors have boosted the market for natural food colors and flavors. Synthetic food colors and flavors are chemicals that come from coal tar, petroleum or crude oil derivatives and cause health risks such as high blood pressure, DNA mutation, obesity, infertility and others. .

For example, Auramine is a food coloring known to retard growth and damage kidneys, liver. Lead chromate is a yellow food coloring that can be harmful to health and cause anemia, abdominal pain, high blood pressure, and neurological problems.

According to the study published by the Brazilian Journal of Biology, researchers fed 2 ml of chocolate flavor, 5 ml of strawberry flavor per kg for a group of mice, and on day 6 all of the mice died in due to toxic effects on genes and cells. Therefore, the growing health risks associated with the consumption of synthetic colors have raised concerns among consumers which, in turn, has boosted the market for natural food colors and flavors.

Countries Covered in Natural Food Colors and Flavors Market Report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, Korea South, the United Kingdom and the United States.
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