Lake Food Colors Market
Lake Food Colors Market Study by Red, Yellow, Tartrazine, and Other Colors for Beverages, Bakery Products, Dairy Products, Desserts, Seasonings, Pet Foods, and Other Applications from 2023 to 2033
Analysis of Lake Food Colors Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Lake Food Colors Market Outlook (2023 to 2033)
Newly-released Lake food colors market analysis report by Fact.MR reveals that global sales of Lake Food Colors Market in 2022 was held at US$ 264.9 million. With 6.5% projected growth from 2023 to 2033, the market is expected to reach a valuation of US$ 531.8 million by the end of the forecast period.
Powder form of lake food colors is expected to be the significant revenue-generating type in the market, projected to grow at a CAGR of over 6.4% from 2023 to 2033.
| Attributes | Details |
|---|---|
| Global Lake Food Colors Market Size (2022) | US$ 264.9 million |
| Global Lake Food Colors Market Size at End of Forecast (2033) | US$ 531.8 million |
| Global Lake Food Colors Market CAGR (2023 to 2033) | 6.5% |
| U.S. Lake Food Colors Market CAGR (2023 to 2033) | 6.3% |
| Key Companies Covered | Alliance Organics LLP; Sensient Technologies Corporation; Naturex; DDW; NACTAROME S.P.A.; LycoRed; Kalsec Inc.; Horizon Specialities ltd.; BIOCONCOLORS; Sunfoodtech; EMCO Dyestuff; Vipul Organics Ltd.; Chromatech Incorporated |
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Revenue of Lake Food Colors Market from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033
As per the research of the lake food colors market by Fact.MR - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value increased at around 8.1% CAGR. With an absolute dollar opportunity of US$ 247.8 million, the market is projected to reach a valuation of US$ 531.8 million by 2033.
What are the Key Drivers Influencing the Market Expansion?
Lake food colors are a type of food colorant derived from water-soluble dyes that are transformed into insoluble pigments through a process known as "lake formation". These pigments are then used to add color to various food and beverage products, such as candies, confectionery, baked goods, and beverages. These are typically used to create bright and vibrant hues in food products. They are commonly available in the form of powders or granules and can be easily mixed with other food ingredients to achieve the desired color.
In 2019, the food colors sales were valued at over US$ 2.1 billion and are estimated to reach US$ 3.5 billion by 2027, registering a CAGR of 12.4% during the forecast period. There is a growing awareness among consumers about food safety and the use of natural ingredients in food products.
Many consumers are seeking food products that are free from artificial ingredients, including synthetic food colors. The growing need for food colors in the various food products influences the growth of lake food colors in the forthcoming years.
In 2020, global bakery products sales were valued at around US$ 397.9 billion, and reached about US$ 416.36 billion in 2021. There is a growing consumer demand for visually appealing bakery products, which has led to increased use of food colors in the bakery industry to create visually attractive products. Natural food colors are gaining popularity due to consumer preferences for clean labels and natural ingredients in bakery products. The growing need for natural food colors is helping the growth in demand for lake food colors.
Natural food colors are used in various types of food and beverages, including bakery and confectionery, beverages, dairy and frozen products, snacks and savory, sauces and condiments, and others. For instance, in 2020, the global natural food colors were valued at around US$ 1.3 billion, and it is expected to grow at a CAGR of around 8% during the forecast period. Increasing consumer demand for clean label and natural food products drives the growth of the natural food colors market.
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Region-Wise Analysis
Which Region is projected to Offer Significant growth in the Market?
North America is a prominent shareholder in the market with a size of US$ 74.1 million in 2022. It is projected that the region will have a market worth US$ 148.9 million by 2033.
In 2020, the natural food color sales in the United States was valued at around US$ 500 million and is projected to grow at a CAGR of around 6% during the forecast period. An increase in the consumption and production of food colors, a surge in awareness among consumers about the benefits of natural food color products, and increase in application areas drive the market growth in the region.
Country-Wise Analysis
United States Lake Food Colors Market Analysis :
The market in the United States is expected to grow to be worth US$ 128.4 million by 2033, with an absolute dollar growth of US$ 58.5 million from 2023 to 2033. The market in the United States has grown at a CAGR of 7.9% from 2018 to 2022 and is expected to grow at a CAGR of 6.3% from the year 2023 to 2033.
According to data from the U.S. Census Bureau's Annual Retail Trade Survey, bakery product sales in the United States was valued at around US$ 56.8 billion in 2018 and US$ 102.8 billion in 2020. The growing consumer demand for bakery products has led to increased use of natural food colors in the bakery industry. The growing need for natural food colors helps for the market growth in the upcoming years.
United Kingdom Lake Food Colors Market Analysis :
The market in the United Kingdom is expected to grow to be worth US$ 19.5 million by 2033, with an absolute dollar growth of US$ 8.2 million. The market in the country has grown at a CAGR of 7% from 2018 to 2022 and is expected to grow at a CAGR of 5.6% from 2023 to 2033.
According to data from the Food and Drink Federation (FDF), in 2020, the UK food and drink manufacturing industry, produced 47.7 billion kilograms of food and drink products, with an estimated turnover of US$ 113.9 billion. The retail sales value of bakery products in the United Kingdom was estimated at around US$ 13.1 billion in 2020. The food and drink industry is continuously expanding, driven by changing consumer preferences, increased urbanization, and a growing population. This influences the market growth in the upcoming years.
China Lake Food Colors Market Analysis :
In China, the market is expected to grow to be worth US$ 66.4 million with an absolute dollar growth of US$ 28.9 million. The market in China has grown at a CAGR of 7.5% from 2018 to 2022 and is expected to grow at a CAGR of 5.9% from 2023 to 2033.
China is one of the largest and fastest-growing markets for food and beverages in the world, with a large population and rising disposable incomes driving consumer demand. For instance, in 2020, food and beverage sales in China were valued at around US$ 1.8 trillion. Due to the expansion of the food and beverage industry, the demand for food colors including lake food colors in various applications such as bakery & confectionery, dairy, meat products, seafood, beverages, and cosmetics, is also expected to rise.
Japan Lake Food Colors Market Analysis :
In Japan, the market is expected to grow to be worth US$ 54.2 million with an absolute dollar growth of US$ 21 million. The market in Japan has grown at a CAGR of 6.5% from 2018 to 2022 and is expected to grow at a CAGR of 5% from 2023 to 2033.
According to data from the Japan Ministry of Finance, in 2020, the total value of food colors imported to Japan was around 745 million. The top importing countries of food colors to Japan were China, the United States, Thailand, and Indonesia. Many consumers are looking for healthy and natural food products. The growing need for food colors in various applications is expected to influence the growth of lake food colors in the upcoming years.
India Lake Food Colors Market Analysis :
The market in India is expected to grow to be worth US$ 33.2 million by 2033, with an absolute dollar growth of US$ 12.2 million. The market in India has grown at a CAGR of 6% from 2018 to 2022 and is expected to grow at a CAGR of 4.7% from 2023 to 2033.
According to the Ministry of Agriculture and Farmer's Welfare, Government of India, in 2021, the total milk production in India was around 211 million metric tons and the dairy product sales in India were valued at around US$ 83 billion. It is expected to grow at a CAGR of around 15% during the forecast period. Lake food colors are often used in dairy products to enhance their visual appeal, improve product presentation, and create an attractive appearance. The growing consumption and production of dairy products and the surging need for natural colors has been driving the market growth in India.
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Category-Wise Insights
Which Form of Lake Food Colors is projected to Witness Significant Growth?
Powder form of lake food colors is projected to witness significant growth at a CAGR of 8% from 2018 to 2022 and is expected to grow at a CAGR of 6.4% from 2023 to 2033.
The powder form of lake food colors is expected to witness significant growth due to its ease of use, longer shelf life, cost-effectiveness, versatility, and increasing demand for natural and clean label food products.
Which is the top Application of Lake Food Colors?
Beverages are projected to witness the fastest growth with a CAGR of 7.8% from 2018 to 2022 and is expected to grow at a CAGR of 6.2% from 2023 to 2033.
Consumers are increasingly seeking visually appealing beverages with attractive colors and aesthetically pleasing. Lake food colors can be used to enhance the color of beverages, making them more attractive and appealing to consumers.
The beverage industry is projected to witness significant growth in the market, driven by increasing demand for visually appealing beverages, growing demand for natural and clean label products, innovation and product differentiation, diverse range of beverage applications, and technological advancements in food coloring techniques.
Competitive Analysis
Key players in the market are Alliance Organics LLP, Sensient Technologies Corporation, Naturex, DDW, NACTAROME S.P.A., LycoRed, Kalsec Inc., Horizon Specialities ltd., BIOCONCOLORS, Sunfoodtech, EMCO Dyestuff, Vipul Organics Ltd., and Chromatech Incorporated.
A few of the recent developments in the Lake Food Colors Market are :
- In April 2021, a new ingredient called "Red radish food colouring" was introduced by San-Ei Gen F.F.I., Inc. to eliminate the off flavor using its unique purifying process. Both liquid and powder versions of this new colouring would be available, and it may give a yellowish-red color at low PH.
- In July 2021, the official launch of two EXBERRY coloring meals derived from spirulina and turmeric was announced by GNT Group. The introduction of these new goods will enable the company to meet the rising global demand for affordable green colors that support clean label claims.
Segmentation of the Lake Food Colors Market
-
By Color Type :
- Red Color
- Yellow Color
- Tartrazine Color
- Other Color Types
-
By Form :
- Powder
- Liquid Form
-
By Application :
- Beverages
- Bakery Products
- Dairy Products
- Desserts
- Seasonings
- Pet Foods
- Other Applications
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Color Type
- 5.1. Red Color
- 5.2. Yellow Color
- 5.3. Tartrazine Color
- 5.4. Other Color Types
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
- 6.1. Powder
- 6.2. Liquid Form
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
- 7.1. Beverages
- 7.2. Bakery Products
- 7.3. Dairy Products
- 7.4. Desserts
- 7.5. Seasonings
- 7.6. Pet Foods
- 7.7. Other Applications
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
- 8.1. North America
- 8.2. Latin America
- 8.3. Europe
- 8.4. Asia Pacific
- 8.5. Middle East and Africa
- 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
- 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
- 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
- 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
- 13. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
- 14. Key Countries Market Analysis
- 15. Market Structure Analysis
- 16. Competition Analysis
- 16.1. Alliance Organics LLP
- 16.2. Sensient Technologies Corporation
- 16.3. Naturex
- 16.4. DDW
- 16.5. NACTAROME S.P.A.
- 16.6. LycoRed
- 16.7. Kalsec Inc.
- 16.8. Horizon Specialities Ltd.
- 16.9. BIOCONCOLORS
- 16.10. Sunfoodtech
- 16.11. EMCO Dyestuff
- 16.12. Vipul Organics Ltd.
- 16.13. Chromatech Incorporated
- 17. Assumptions & Acronyms Used
- 18. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 02: Global Market Volume (Tons) Forecast by Region, 2018 to 2033
Table 03: Global Market Value (US$ Million) Forecast by Color Type, 2018 to 2033
Table 04: Global Market Volume (Tons) Forecast by Color Type, 2018 to 2033
Table 05: Global Market Value (US$ Million) Forecast by Form, 2018 to 2033
Table 06: Global Market Volume (Tons) Forecast by Form, 2018 to 2033
Table 07: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 08: Global Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 09: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: North America Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Color Type, 2018 to 2033
Table 12: North America Market Volume (Tons) Forecast by Color Type, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Form, 2018 to 2033
Table 14: North America Market Volume (Tons) Forecast by Form, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 16: North America Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Latin America Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 19: Latin America Market Value (US$ Million) Forecast by Color Type, 2018 to 2033
Table 20: Latin America Market Volume (Tons) Forecast by Color Type, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Form, 2018 to 2033
Table 22: Latin America Market Volume (Tons) Forecast by Form, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 24: Latin America Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Europe Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 27: Europe Market Value (US$ Million) Forecast by Color Type, 2018 to 2033
Table 28: Europe Market Volume (Tons) Forecast by Color Type, 2018 to 2033
Table 29: Europe Market Value (US$ Million) Forecast by Form, 2018 to 2033
Table 30: Europe Market Volume (Tons) Forecast by Form, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 32: Europe Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: Asia Pacific Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 35: Asia Pacific Market Value (US$ Million) Forecast by Color Type, 2018 to 2033
Table 36: Asia Pacific Market Volume (Tons) Forecast by Color Type, 2018 to 2033
Table 37: Asia Pacific Market Value (US$ Million) Forecast by Form, 2018 to 2033
Table 38: Asia Pacific Market Volume (Tons) Forecast by Form, 2018 to 2033
Table 39: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 40: Asia Pacific Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 41: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: Middle East and Africa Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Color Type, 2018 to 2033
Table 44: Middle East and Africa Market Volume (Tons) Forecast by Color Type, 2018 to 2033
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Form, 2018 to 2033
Table 46: Middle East and Africa Market Volume (Tons) Forecast by Form, 2018 to 2033
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 48: Middle East and Africa Market Volume (Tons) Forecast by Application, 2018 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Million) by Color Type, 2023 to 2033
Figure 02: Global Market Value (US$ Million) by Form, 2023 to 2033
Figure 03: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 04: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 05: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 06: Global Market Volume (Tons) Analysis by Region, 2018 to 2033
Figure 07: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 08: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 09: Global Market Value (US$ Million) Analysis by Color Type, 2018 to 2033
Figure 10: Global Market Volume (Tons) Analysis by Color Type, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Color Type, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Color Type, 2023 to 2033
Figure 13: Global Market Value (US$ Million) Analysis by Form, 2018 to 2033
Figure 14: Global Market Volume (Tons) Analysis by Form, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 17: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 18: Global Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 19: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 21: Global Market Attractiveness by Color Type, 2023 to 2033
Figure 22: Global Market Attractiveness by Form, 2023 to 2033
Figure 23: Global Market Attractiveness by Application, 2023 to 2033
Figure 24: Global Market Attractiveness by Region, 2023 to 2033
Figure 25: North America Market Value (US$ Million) by Color Type, 2023 to 2033
Figure 26: North America Market Value (US$ Million) by Form, 2023 to 2033
Figure 27: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 30: North America Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 33: North America Market Value (US$ Million) Analysis by Color Type, 2018 to 2033
Figure 34: North America Market Volume (Tons) Analysis by Color Type, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Color Type, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Color Type, 2023 to 2033
Figure 37: North America Market Value (US$ Million) Analysis by Form, 2018 to 2033
Figure 38: North America Market Volume (Tons) Analysis by Form, 2018 to 2033
Figure 39: North America Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 40: North America Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 41: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 42: North America Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 43: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 44: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 45: North America Market Attractiveness by Color Type, 2023 to 2033
Figure 46: North America Market Attractiveness by Form, 2023 to 2033
Figure 47: North America Market Attractiveness by Application, 2023 to 2033
Figure 48: North America Market Attractiveness by Country, 2023 to 2033
Figure 49: Latin America Market Value (US$ Million) by Color Type, 2023 to 2033
Figure 50: Latin America Market Value (US$ Million) by Form, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 54: Latin America Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 57: Latin America Market Value (US$ Million) Analysis by Color Type, 2018 to 2033
Figure 58: Latin America Market Volume (Tons) Analysis by Color Type, 2018 to 2033
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Color Type, 2023 to 2033
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Color Type, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) Analysis by Form, 2018 to 2033
Figure 62: Latin America Market Volume (Tons) Analysis by Form, 2018 to 2033
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 66: Latin America Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 69: Latin America Market Attractiveness by Color Type, 2023 to 2033
Figure 70: Latin America Market Attractiveness by Form, 2023 to 2033
Figure 71: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 73: Europe Market Value (US$ Million) by Color Type, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) by Form, 2023 to 2033
Figure 75: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 78: Europe Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 81: Europe Market Value (US$ Million) Analysis by Color Type, 2018 to 2033
Figure 82: Europe Market Volume (Tons) Analysis by Color Type, 2018 to 2033
Figure 83: Europe Market Value Share (%) and BPS Analysis by Color Type, 2023 to 2033
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Color Type, 2023 to 2033
Figure 85: Europe Market Value (US$ Million) Analysis by Form, 2018 to 2033
Figure 86: Europe Market Volume (Tons) Analysis by Form, 2018 to 2033
Figure 87: Europe Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 89: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 90: Europe Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 91: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 93: Europe Market Attractiveness by Color Type, 2023 to 2033
Figure 94: Europe Market Attractiveness by Form, 2023 to 2033
Figure 95: Europe Market Attractiveness by Application, 2023 to 2033
Figure 96: Europe Market Attractiveness by Country, 2023 to 2033
Figure 97: Asia Pacific Market Value (US$ Million) by Color Type, 2023 to 2033
Figure 98: Asia Pacific Market Value (US$ Million) by Form, 2023 to 2033
Figure 99: Asia Pacific Market Value (US$ Million) by Application, 2023 to 2033
Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 102: Asia Pacific Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Color Type, 2018 to 2033
Figure 106: Asia Pacific Market Volume (Tons) Analysis by Color Type, 2018 to 2033
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Color Type, 2023 to 2033
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Color Type, 2023 to 2033
Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Form, 2018 to 2033
Figure 110: Asia Pacific Market Volume (Tons) Analysis by Form, 2018 to 2033
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 113: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 114: Asia Pacific Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 117: Asia Pacific Market Attractiveness by Color Type, 2023 to 2033
Figure 118: Asia Pacific Market Attractiveness by Form, 2023 to 2033
Figure 119: Asia Pacific Market Attractiveness by Application, 2023 to 2033
Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 121: Middle East and Africa Market Value (US$ Million) by Color Type, 2023 to 2033
Figure 122: Middle East and Africa Market Value (US$ Million) by Form, 2023 to 2033
Figure 123: Middle East and Africa Market Value (US$ Million) by Application, 2023 to 2033
Figure 124: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: Middle East and Africa Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 127: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 128: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 129: Middle East and Africa Market Value (US$ Million) Analysis by Color Type, 2018 to 2033
Figure 130: Middle East and Africa Market Volume (Tons) Analysis by Color Type, 2018 to 2033
Figure 131: Middle East and Africa Market Value Share (%) and BPS Analysis by Color Type, 2023 to 2033
Figure 132: Middle East and Africa Market Y-o-Y Growth (%) Projections by Color Type, 2023 to 2033
Figure 133: Middle East and Africa Market Value (US$ Million) Analysis by Form, 2018 to 2033
Figure 134: Middle East and Africa Market Volume (Tons) Analysis by Form, 2018 to 2033
Figure 135: Middle East and Africa Market Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 136: Middle East and Africa Market Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 137: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 138: Middle East and Africa Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 139: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 140: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 141: Middle East and Africa Market Attractiveness by Color Type, 2023 to 2033
Figure 142: Middle East and Africa Market Attractiveness by Form, 2023 to 2033
Figure 143: Middle East and Africa Market Attractiveness by Application, 2023 to 2033
Figure 144: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
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- FAQs -
What value is the market estimated to reach in 2023?
The global market size is estimated to be valued at US$ 284 million in 2023.
What was the global market size for 2022?
The market was reported at US$ 264.9 million in 2022.
What valuation of the market is estimated to reach in 2033?
The market is expected to reach a valuation of US$ 531.8 million in 2033.
What value CAGR did the market exhibit over the last 4 years?
The market registered a CAGR of 8.1% over the last 4 years.
What is the projected CAGR for the market from 2023 to 2033?
The market is projected to witness a CAGR of 6.5% from 2023 to 2033.
Which form of Lake Food Colors is expected to witness significant demand and what is its projected CAGR?
Powder form of Lake Food Colors is projected to witness significant demand till 2033 with expected growth at a CAGR of 6.4% by 2033.
Which is the top application of the Lake Food Colors that is expected to witness huge demand and what is its projected CAGR till 2033?
Beverages are the top application of the Lake Food Colors through which the market is projected to witness significant demand with a CAGR of 6.2% from 2023 to 2033.
What is the expected market size in the United States by 2033?
The market in the United States is projected to witness a market size of US$ 128.4 million and is expected to grow at a 6.3% CAGR from 2023 to 2033.
Which are the key companies offering Lake Food Colors?
Key players in the market are Alliance Organics LLP, Sensient Technologies Corporation, Naturex, DDW, NACTAROME S.P.A., LycoRed, Kalsec Inc., Horizon Specialities ltd., BIOCONCOLORS, Sunfoodtech, EMCO Dyestuff, Vipul Organics Ltd., and Chromatech Incorpor
Lake Food Colors Market