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According to a recent market report by Medias Research, an Indian market research firm, the natural food coloring market will reach $3.2 billion by 2027 and is expected to grow at a compound annual rate of 8.4% from 2019 to 2027.
by type, the natural food coloring market is mainly subdivided into caramel, anthratin, caramel, caramel, carotenoid, carotenoid, chlorosteroid, spirulina, turmeric, beet and so on. With the deepening of people's concept of healthy living, turmeric has become one of the trends in the development of large health market. The market for turmeric-related dietary supplements, food and beverage products is continuing to grow, with data showing a 13% increase in the number of products with turmeric as the main functional component in the United States as of March 24, 2019. There has also been a significant increase in the multi-channel market with turmeric specialties, with annual growth of about 20% per channel. At the same time, the data showed double-digit sales of functional foods and beverages containing turmeric, driven by functional ready-to-eat beverages.
, turmeric grew the most in mainstream retail channels in 2017, up 46.7% year-on-year, according to Market Research. Total consumer spending on turmeric supplements at mainstream retail stores was $32 million, up about $10.3 million from the previous year. The global curcumin market will reach a total value of 1.2 billion yuan by 2019 and is expected to grow to 2.4 billion yuan by 2026, with a compound annual growth rate of about 10.7%.
pigments are generally divided into natural pigments and synthetic pigments, the same thing is easy to color, so that the product more beautiful. The difference is that industrial pigment coloring stability time is long, easy to retain, natural pigment color stabilization time is short. Some analysts believe that from this year's market trends, the more popular pigments are natural pigments, respectively: red, hazelnut yellow, algal blue, curberry juice, β-carotene, turmeric and so on.
among them, β-carotene is more used in health food, algal blue is more used in beverages, new black food has gradually replaced plant carbon black with curfish juice, dudu salt algae are also popular in different areas of diet. Thus, the future healthier, more functional natural pigment will be more popular in the market.
, with people's awareness of health and environmental protection gradually formed a consensus, the return of ingredients to nature, food diversification has become the public appeal, the future, natural pigments in the food industry has broad prospects for development. Take turmeric as an example, turmeric and curcubin products are growing and showing a diversified trend. Data show that between 2014 and 2018, the global introduction of turmeric-containing foods and beverages grew at an annual rate of 11%. Although most turmeric products introduced are seasonings or ready-to-eat foods, statistics show a significant increase in the number of turmeric snacks, beverages and related products aimed at sports people. Such as the United States launched turmeric bubble water, turmeric vinegar drinks, Thailand launched white tea turmeric drinks. Turmeric bread, turmeric coffee, turmeric popcorn and so on are also common in many celebrity recipes.
future, with functional foods will become more and more popular, around the current people's gastrointestinal discomfort, insomnia, obesity, stress and other issues, functional pigment market prospects deserve attention.
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