Food Colors Market To Reach $3,210 Million by 2023
Food Colors Market was valued at $1,751 million in 2016, and is projected to reach at $3,210 million by 2023, registering a CAGR of 9.8% from 2017 to 2023. Ingredients used to offer the required appearance to any food item or beverage are termed as food colors. These are added to carbonated drinks, ready-to-eat (RTE) products, frozen food, alcoholic beverages, processed foods, juices, and sauces. Food colors are used in commercial food items and domestic cooking, and are available in various forms such as liquid, liquid gel, gel paste, and powder. The market for food colors comprises natural and artificial colors. The Global Food Color Market is driven by rise in the food & beverages industry in emerging economies such as, India, Brazil, UAE, Saudi Arabia, and Africa. Moreover, the health benefits offered by few natural colorants boost the market growth. In addition, the ever-growing technological advancements and easy availability of...
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