Natural Food Colors Market size is valued at $ 1.7Billion by 2019 and is estimated to grow at a CAGR of 6.8% during the forecast period 2020-2025. The Natural Food Colors Market’s growth can be attributed to the burgeoning consumer awareness for clean label products, health hazards contrary to that of synthetic food colours, and the health benefits achieved by using natural food colours. From companies investing in the development of advanced ingredients, and modified formulations for application in beverages, bakery and confectionery, and dairy products is anticipated to have a positive impact on the utilization of carotenoids, curcumin, anthocyanin, and carmine. In addition, initiatives taken by the regulatory bodies such as the FDA for amendments of colour additive regulations and several multinational companies taking up regulations like filing Color Additive Petition (CAP) for the safe use of natural food colours is anticipated to take the growth rate to a much higher level in the forecast period 2020-2025.
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