Natural Food Colors & Flavors Market Size Analysis, Growth, Key Players and Forecast to 2031

The global natural food colors & flavors market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The companies are launching, developing, and investing in the development of various natural food colors and flavors based on either plants or animals. The market player’s strategies for providing a wide range of products in the market are expected to fuel the market growth over the forecast period. For instance, in April 2022, the Netherlands-based company, GNT launched the first organic colors made with safflower. GNT launched two new organic products. ‘Fruit & Veg Yellow’ is made from organic safflower and organic apple, while ‘Veg’ green is made from organic safflower and organic spirulina. In September 2021, the US Food and Drug Administration (FDA) approved butterfly pea flower extract as a color additive in response to a petition by Sensient’s Color Group. The “exceptionally heat stable,” water-soluble ingredient produces shades ranging from bright blues and intense purples to natural greens, depending on the product’s ph. 

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Additionally, in September 2020, Phytolon, an Israel-based fermentation technology firm, closed a $4.1 million funding round led by Millennium Food-Tech, EIT Food, and Consensus Business Group. The company said these funds will go toward expanding the reach of its plant-based food colorings, which are derived from betalains. These are natural plant pigments extracted through fermentation. In May 2020, GNT Group launched two new EXBERRY food colorings that deliver bright orange shades in powder and oil-dispersible formats. Made from paprika and carrot, the new Brilliant Orange products provide solutions for a range of applications. The EXBERRY Shade Brilliant Orange powder is oil-soluble and water-dispersible. It is designed for a broad range of applications including non-aerated confectionery, bakery, and savory products.

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Market Coverage

Segment Covered- 

• By Color Type
• By Flavor Type
• By Source
• By Application

Regions Covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World

Competitive Landscape- including Aromatagroup Srl, Con Socio Unico, Besmoke Ltd., DuPont de Nemours, Inc., Firmenich SA, Foodie Flavors Ltd., Givaudan, Gulf Flavors & Fragrances., International Flavors & Fragrances, Inc., Kerry Group Plc, and MANE Group, and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?

Deviation from the pre-COVID-19 forecast

Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Natural Food Colors & Flavors Market Report Segment

By Color Type

• Carmine
• Caramel
• Carotenoids
• Anthocyanin
• Curcumin
• Annatto
• Others (betanin, spirulina, paprika)

By Flavor Type

• Natural Extracts 
• Chemicals
• Essential Oils

By Source 

• Animal 
• Plant

By Application

• Processed Foods
• Beverages

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