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#Halal Market forecast
teeresearch · 1 year
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Brazilian poultry sales to Arabs expected to grow in 2023
Brazilian meat lobby ABPA forecasts a slight growth in the country’s output this year and a decrease in the results of global competitors. No cases of avian influenza have been detected on commercial farms in Brazil.
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Brazilian poultry exports to the Arab countries and the halal market are expected to grow this year. So said meat lobby ABPA on Wednesday (16) presenting its projections for this year, and the reason is a decrease in output and exports of Brazil’s leading competitors, particularly Turkey. Turkish exports reached 297,000 tonnes from January to June last year but fell to 200,000 year to date through June. Turkey is a supplier to the Arab countries. In South America, Chile has also posted a decrease in exports.
Due to this decrease, the head of ABPA, Ricardo Santin, expects sales to Arab countries to increase. “The halal market posted very good results. We believe Iraq and Iran (which is not Arab) will dramatically increase this year due to the absence of Turkey. When I see Turkey losing nearly 90,000 in seven months of exports, it indicates that a market is not receiving goods from Turkey. So we see room to grow in countries like the United Arab Emirates. But it’s still strong,” said Santin. According to ABPA data, poultry exports to Iraq hiked 218.7% year to date through July compared to the same period last year, to 98,000 tonnes.
ABPA estimates indicate Brazil could produce between 14.8 million and 14.95 million tonnes of poultry this year, an increase of up to 3% over 2022, and export between 5.1 million and 5.2 million tonnes, with an expansion of 8% from last year. The projection is for monthly exports at 437,000 tonnes, on average.
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packaginginsight · 23 hours
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Food Certification Market Global Trends, and Opportunities Forecast by 2031
Food Certification Market Scope & Overview
The research provides a comprehensive grasp and reliable insights into prospective global market future scenarios. It will provide a comprehensive examination of this market, including recent events, projection patterns, predictive business opportunities, and data-based projections. The Food Certification Marketstudy provides a concise overview of the essential components, competitors, and current strategic objectives.
The research focuses on both product and geographical interpretations, providing a more comprehensive picture of the market's dynamics. The research also evaluates the significance of this field and gives evidence on which our forecasts are founded. The Food Certification market research report examines the market epidemic in depth. This data contains, among other things, the present influence on revenue, sales, and new initiatives by market participants.
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Key Players included are:
Bureau Veritas, DEKRA, NSF International, Eurofins Scientific, AsureQuality, Intertek Group PLC, Eagle Certification Group, DNV GL, SGS Group, TUV NORD GROUP, Underwriters Laboratories Inc, Lloyd’s Register Group Ltd
Market Segmentation Analysis
The market is separated into sub-segments, each of which may provide precise data on the most current industry breakthroughs in Food Certification market. Our market segmentation chapter educates our clients about characteristics of the market such as products/services, distribution channels, existing technologies, and other possible applications.
by Type
ISO 22000
BRCGS
SQF
IFS
Halal certification
GMP+/FSA
Other
by End-user
Meat
Poultry
Seafood Products
Dairy Products
Bakery and Confectionery
Baby Food
Beverages
Other
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The market research report contains critical information on how the Russian-Ukrainian conflict is influencing markets around the world. The study investigates how conflict has impacted several parts of the world's economies. The paper investigates significant tactics employed by major market participants to mitigate the impact of the dispute on their operations.
Regional Outlook
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Competitive Analysis
Competitive frameworks such as Porter's Five Forces analysis, a BCG matrix, and SWOT and PESTLE analysis will be presented in an easy-to-understand manner to provide a better knowledge of the many elements that validate our research findings. In our Food Certification market study's section on large enterprises, our analysts investigate the financial records of all of the top players, which also includes product bench-marking and SWOT analysis.
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To reduce the time required to do foundation-level research by gaining information on industry advancements, revenue estimations, influential companies, and their respective global market footprint of the market.
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factmrlokesh · 14 days
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Premium Beauty and Personal Care Products Market Expected to Surpass US$ 780.16 Billion by 2032 at 4.62% CAGR
The market for high-end cosmetics and personal hygiene products was valued at US$ 474.7 billion in FY 2021. It is projected to increase at a 4.0% annual pace in 2022 and close at US$ 496.63 billion. Moreover, growth is predicted to pick up speed at an astounding 4.62% CAGR during the evaluation period of 2022–2032 and reach US$ 780.16 billion.
With increased attention being paid to preventative healthcare in the aftermath of an increase in diseases, the trend of people taking better care of their bodies and health has gained prominence. The impact of social media and people's growing interest in luxury goods rather than social media celebrities are directly related to the rise in demand for these goods.
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The growing trend of utilizing night skin repair creams, sun care products, refreshing fragrances, and hair colors is poised to drive demand for premium beauty care and personal care products. For instance, the 'Sun Safe Behavior Survey 2018' by the Canadian Dermatology Association revealed that the usage of sunscreen throughout the year increased from 17% in 2015 to 26% in 2018 in Canada.
Increasing health consciousness serves as a significant factor propelling market growth, alongside the expansion of e-commerce which offers international accessibility and a wide range of choices. Additionally, the demand for halal cosmetics, particularly from Middle Eastern countries, is expected to fuel the luxury cosmetics market's growth in the forecast period.
Key Companies Profiled:
Revlon Inc.
Mary Kay
Shiseido Company Limited
Procter and Gamble Co.
Avon Products
Beiersdorf AG
Kao Corporation
Estée Lauder Companies Inc.
Loreal Group
Unilever
Rising consumer awareness regarding appearance further boosts market expansion, with millennials integrating beauty and personal care items into their grooming routines. The emergence of cosmetics featuring natural, non-toxic, and organic ingredients has also contributed to market growth.
The introduction of new beauty and personal care products in Germany is set to bolster market growth. According to Fact.MR's projections, the Premium Beauty and Personal Care Products Market in Germany is anticipated to achieve a 4.3% value CAGR from 2022 to 2032. The presence of leading players in the beauty & personal care industry, such as Beiersdorf AG, coupled with factors like the increasing number of beauty salons and the growing population of millennials and generation Z, is expected to drive demand for various cosmetic products.
Read More:  https://www.factmr.com/report/84/premium-beauty-personal-care-products-market
For example, The German Cosmetic, Toiletry, Perfumery, and Detergent Association's Annual Report 2018-2019 indicated that between 2013 and 2018, the skin & face care products market witnessed an average annual growth of 2.7%, while the decorative cosmetics market grew by about 4.1% annually in Germany.
Key Takeaways from the Market Study:
- From 2017-2021, the Premium Beauty and Personal Care Products market recorded a CAGR of 2.4%
- In FY 2021, the market reached a valuation of US$ 474.7 Billion
- A Y-o-Y growth rate of 4.0% is projected for 2022
- The premium skincare segment is expected to dominate the market, with a 4.5% value CAGR
- The US market is forecasted to expand at a 4.4% CAGR for premium beauty and personal care products
- Germany's market is expected to grow at a 4.3% CAGR in terms of premium beauty and personal care products sales.
Prominent players in the Premium Beauty and Personal Care Products Industry are taking advantage of the rapidly increasing demand for the Premium Beauty and Personal Care Products in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale players.
Key Segments Covered in the Premium Beauty and Personal Care Products Industry Survey:
By Product Type :
Premium Skincare
Premium Fragrances
Premium Colour Cosmetics
Premium Haircare
Others
By Sales Channel :
Hypermarkets/Super Markets
Retail Chains
e-Commerce
Others
By Region :
North America
Latin America
Europe
APEJ
Japan
Middle East & Africa
In conclusion, the Premium Beauty and Personal Care Products Market is experiencing robust growth driven by various factors such as the increasing trend of using premium skincare products, rising health consciousness among consumers, and the expansion of e-commerce platforms facilitating international accessibility. Additionally, the demand for halal cosmetics, coupled with the emergence of products featuring natural and organic ingredients, further contributes to market expansion.
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blueweave8 · 20 days
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Europe Halal Foods and Beverages Market Growth, Outlook, Report 2023-2030
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Europe Halal Foods and Beverages Market size at USD 41.31 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Europe Halal Foods and Beverages Market size to expand at a CAGR of 8.14% reaching a value of USD 62.1 billion by 2030. The Halal Foods and Beverages Market in Europe is propelled by the increasing popularity of halal cuisine among both Muslim and non-Muslim consumers. Initially regarded primarily as a religious symbol ensuring food safety and hygiene, halal food has now evolved into a mainstream choice. According to data from the Office for National Statistics (ONS), the Muslim population in the United Kingdom reached 3.9 million in 2021, indicating a substantial market for halal products. The meat segment, in particular, is expected to witness significant growth, driven by increasing consumer preference for halal-certified meat items. Also, statistics from the Halal Monitoring Committee in the UK revealed that as of March 2020, approximately 104 million chickens were slaughtered monthly, with 20% (8 million) of them being Halal to meet the rising demand. Responding to this trend, various retailers are strategically marketing halal food and meat products. Major retail chains like Tesco, Sainsbury's, Marks & Spencer, and Waitrose have incorporated halal options across diverse categories, such as meat, bakery, confectionery, cereals, and snacks. This trend underscores the mainstream acceptance and commercial viability of halal cuisine in the European market.
Impact of Escalating Geopolitical Tensions on Europe Halal Foods and Beverages Market
Escalating geopolitical tensions in Europe can disrupt the growth of Halal Foods and Beverages Market in several ways. Increased uncertainty may lead to supply chain disruptions, affecting the availability of Halal products. Trade barriers or sanctions could restrict imports and exports, impacting the diversity and affordability of Halal options. Furthermore, consumer confidence may wane amidst geopolitical instability, leading to fluctuations in demand. Regulatory changes or heightened scrutiny could also affect Halal certification processes, complicating market dynamics. Overall, escalating tensions pose significant challenges to the stability and growth of the Europe Halal Foods and Beverages Market, potentially altering consumption patterns and industry operations.
Europe Halal Foods and Beverages Market
Segmental Information
Europe Halal Foods and Beverages Market – By User Demographic
On the basis of user demographic, the Europe Halal Foods and Beverages Market is bifurcated into Muslim and Non-Muslim segments. The Muslim segment holds a higher share in the Europe Halal Foods and Beverages Market by user demographic. Its dominance is attributed to the cultural and religious dietary preferences of Muslims, who prioritize consuming halal-certified products adhering to Islamic dietary laws. As a result, the demand for halal food and beverages among Muslim consumers surpasses that of other demographic groups in the region, solidifying their significant influence on market dynamics.
Sample Request @ https://www.blueweaveconsulting.com/report/europe-halal-foods-and-beverages-market/report-sample
Europe Halal Foods and Beverages Market – By Country
The in-depth research report on the Europe Halal Foods and Beverages Market covers the market in the region’s major countries: Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, the Netherlands, and Rest of Europe. France holds the highest share in the Europe Halal Foods and Beverages Market and is expected to maintain its dominance during the forecast period. The availability of halal products has expanded beyond traditional outlets, such as local butchers adhering to Islamic slaughtering practices, to encompass a notable presence in French food industries, supermarkets, and restaurants. For instance, a study conducted by the French Public Institute (IFOP) in 2020 revealed that 59% of Muslims consume halal-certified meat regularly, with 20% opting for halal meat whenever possible. Supermarkets have responded to this growing demand by enhancing their offerings and dedicating more shelf space to halal products. Casino France, for example, is a major supermarket chain that provides halal product lines under the brand name Wassila. Moreover, several local halal brands like Isla Delice, Oriental Viandes, Reghalal, Isla Mondial, Medina, and Saada have established themselves in the market. In France, governmental involvement in halal certification is limited, with only three prominent mosques authorized to distribute permits for halal slaughter.
Competitive Landscape
The Europe Halal Foods and Beverages Market is fragmented, with numerous players serving the market. The key players dominating the Europe Halal Foods and Beverages Market include Nestle SA, Ferrero International SA, KQF Foods, Tahira Foods, Bilal Group, The Coca Cola Company, The Bitlong Factory, and VAN HEES GmbH. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
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BlueWeave Consulting & Research Pvt. Ltd
+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662
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Chilling Trends: Exploring the Global Frozen Food Market
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Frozen Food Market Set to Witness High Growth Due to Increasing Working Population
The frozen food market comprises frozen ready-to-eat meals, frozen pizza, frozen meat substitutes, frozen seafood, frozen bakery products, frozen potato products, frozen snacks, and other frozen food products. The rising demand for convenient food items among the increasing working population globally is driving the growth of the frozen food market. Frozen foods have a long shelf life and are therefore suitable for those who do not have enough time for cooking. The global frozen food market is estimated to be valued at US$ 167,116.37 million in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period of 2023 to 2030. Key Takeaways Key Players Key players operating in the frozen food market are Nestle S.A., Ajinomoto Co., Inc., Kraft Foods Group, Inc., ConAgra Foods, Inc., General Mills, Inc., H.J. Heinz Company, Tyson Foods, Inc., Unilever Plc., Maple Leaf Foods, Inc., and Pinnacle Foods, Inc. These players are focusing on new product launches and mergers & acquisitions to strengthen their presence in the global market. For instance, in 2019, Nestle acquired a majority stake in Freshly, a US-based healthy prepared meal delivery company, to expand its portfolio of frozen ready meals. Key Opportunities The key opportunities in the frozen food market include nutritional/healthy frozen products, augmented/alternative proteins, blending cuisines, halal frozen food, private label growth, and innovation in packaging and preparation methods. The rising health and wellness trend has opened opportunities for frozen food players to offer healthy frozen snacks, entrees, and side dishes made with whole grains, proteins, and fewer additives. Global Expansion Manufacturers are focusing on global expansion strategies to strengthen their geographic footprint. They are investing heavily in production facilities, R&D centers, and acquisitions in developing regions including Asia Pacific, Latin America, and the Middle East & Africa. For example, in 2020, Nomad Foods, owner of frozen food brands iglo, Findus, and Goodfella's, acquired Green Cuisine, an organic frozen food brand, to expand its presence in Australia and New Zealand. Market Drivers Changing lifestyles and busy schedules: The rising number of working women and increasing disposable incomes have boosted the demand for convenient ready-to-eat frozen food items. According to statistics, about 80% of working women in urban India prefer frozen food items. Long shelf life: Frozen food products can retain their quality and freshness for extended periods without refrigeration. This makes frozen food ideal for households, food service operators, and militaries. The long shelf life reduces food wastage and saves costs for consumers. Innovation and product development: Continuous new product launches catering to the tastes and preferences of target customers in terms of flavors, ingredients, preparation methods, packaging formats are driving the demand.
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rohanisblog · 29 days
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Global halal beef market was valued at US$ 162.30 billion in 2022 and is projected to attain a valuation of US$ 295.98 billion by 2031 at a CAGR of 7.8% during the forecast period 2023–2031. 
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devikamore · 1 month
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clearmusictheorist · 2 months
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marketresearch99 · 3 months
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thealphareporter · 3 months
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Halal Meat Market to Reach US$ 301,190 Million, Driven at a Robust CAGR of 3.6% during Forecast Period of 2024-20230 | The Market Reports
http://dlvr.it/T3MN7V
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bizworldinsights · 3 months
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Skin Lightening Products
The global Skin Lightening Products market is projected to surpass USD 14.2 billion in 2019, with a robust CAGR of 7.1% during the forecast period from 2019 to 2028. The increasing fascination with lighter skin tones has propelled the demand for skin whitening creams globally. Factors such as rising per capita income, lifestyle changes, and increased spending on beauty products have significantly contributed to the market growth of skin lightening products.
To read more about the topic please visit site: https://bekryl.com/industry-trends/skin-lightening-products-market-share-analysis
Key Trends and Factors Impacting the Global Skin Lightening Products Market:
Organic Products Surge:
The rise of organic skin lightening products is gaining traction among consumers due to the optimistic scenario surrounding plant-based ingredients. Plant extracts, such as those from the Cinnamomum subavenium plant, are recognized for their minimal side effects and enhanced nutrients. Companies are incorporating plant-based extracts to offer effective and naturally derived skin lightening solutions. The market is also witnessing a trend towards UV absorbers, with heightened demand in tropical regions.
Men's Beauty Products:
In recent years, companies have introduced products specifically tailored for men's beauty needs. This strategic approach aims to tap into an unaddressed market segment and generate higher returns on investment. The growing inclination of male consumers towards fair skin has prompted the introduction of skincare products designed specifically for men.
Celebrity Endorsements:
Skin whitening products are often marketed with celebrity endorsements, facilitating broader outreach and ensuring brand recognition among consumers. Renowned personalities are frequently enlisted for product promotion, contributing to increased visibility and popularity.
Emergence of Small-Scale Players:
The surging demand and attractive profit margins have led to the emergence of small-scale players, particularly in Asia Pacific. However, some of these players utilize toxic chemicals, including banned substances like mercury and hydroquinone, raising concerns about potential skin damage. This has led to negative perceptions among consumers regarding the safety of skin whitening products.
Global Skin Lightening Products Market Size, By Region:
Asia Pacific Dominance:
In 2018, Asia Pacific dominated global sales, exceeding USD 6.7 billion, and is poised for close to double-digit growth throughout the forecast period. Over 55% of females in Asia Pacific use skin lightening products, indicating their widespread popularity.
The beauty care product sales in Asia Pacific are characterized by volatility and intense competition, with companies adapting to regional trends and competitive landscapes. Cultural diversity has prompted companies to focus on tailored product solutions, such as the government directive in Indonesia to label cosmetics products as Halal by 2020. In India, there is a preference for plant-based and herbal skin lightening products, reflecting regional variations.
India is expected to exhibit the fastest growth in the Asia Pacific region, holding substantial market potential. As of 2018, the market is consolidated, with Hindustan Unilever Limited leading with its brand Fair and Lovely, which generated over USD 337 million in 2018.
Global Skin Lightening Products Market Size and Forecast: Competition Landscape:
Key players in the global Skin Lightening Products market include:
L’Oreal S.A.
Beiersdorf AG
Unilever PLC
Procter & Gamble Company
Shiseido Company
Avon Products Inc.
VLCC Health Care Limited
Civant LLC
Clarins Group
Himalaya Global Holdings Limited
Kaya Limited
Lotus Herbals Private Limited
Kanebo Cosmetics Inc.
RichFeel Hair & Beauty Pvt. Ltd
Eveline Cosmetics
Rozge Cosmeceutical
Bio Veda Action Research Private Limited
Skin Lightening Products Market Industry Segmentation:
By Type:
Conventional
Organic
By Product Type:
Creams and Lotions
Face Masks
Scrubs
Cleansers and Toners
Others
By Distribution Network:
Specialty Stores
Hypermarkets and Supermarkets
Convenience Stores
Drugstores
Online Channels
Others
The global Skin Lightening Products market is poised for substantial growth, driven by evolving consumer preferences, organic product trends, and regional market dynamics. Industry players are navigating a competitive landscape to cater to diverse demands and capitalize on emerging opportunities.
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factmrlokesh · 14 days
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Natural Food Color Market Surges Past US$ 4.1 Billion Mark by 2033, Fueled by 7.4% CAGR
From 2023 to 2033, the natural food color market is expected to grow at a compound annual growth rate (CAGR) of 7.4%. The market is projected to grow from its current value of US$ 2 billion in 2023 to US$ 4.1 billion by the end of 2033.
Liquid form of natural food coloring is widely accessible, easy to spread, and appropriate for a variety of formulas. Liquid natural food coloring is expected to see a faster rate of growth through 2033, with a compound annual growth rate of 7.9%.
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The need to enhance product appeal and raise knowledge of the advantages of clean label products are expected to positively impact the global market. Additionally, the food industry's increased R&D efforts to find novel coloring chemicals and the growing application of microencapsulation technology would boost sales of natural food colors.
Key Insights:
- The liquid form segment is anticipated to experience a robust CAGR of around 7.9% over the evaluation period.
- Among the product types, the anthocyanin segment is forecasted to dominate, capturing approximately 60% of the market share throughout the assessment period.
- In the United States, sales of natural food colors are expected to witness a steady growth rate of 5%.
- With regard to application, the beverages segment is projected to account for approximately 40% of the global natural food color market share by the conclusion of 2033.
- Within Europe, Germany is poised to maintain its leading position in terms of market share throughout the forecast period.
Factors Driving Growth:
- Increased demand for carmine, widely utilized in various food products like jams, yogurts, cake icings, and gelatin desserts, is expected to boost sales.
- The rising need for animal-sourced natural food colorings, particularly from food and beverage manufacturers seeking Halal certification, is anticipated to drive sales further.
Key Companies Profiled:
Frutarom
ColorKitchen
Givaudan
Sensient Technologies
Kalsec Inc.
Symrise AG
Naturex
McCormick & Company
Competitive Landscape:
Prominent providers of natural food coloring are striving to enhance their market share and revenues by creating dependable and inventive items. The bulk of big businesses are integrated throughout the whole value chain, from the extraction of raw materials to the delivery of finished goods. A few businesses are spending enormous sums of money on research to create distinctive hues using only natural components.
Here are the rewritten snippets:
"In April 2022, GNT Group, a prominent food coloring supplier headquartered in the Netherlands, unveiled its latest organic line, EXBERRY, featuring green and yellow hues derived from organic apple, spirulina, and safflower."
"In September 2021, Divi’s Nutraceuticals, an Indian manufacturer specializing in vitamins & carotenoids, launched its newest naturally-sourced food ingredient, CaroNat. This product offers a rich dark orange to yellow coloring for various food and beverage applications, including dairy items."
Read More: https://www.factmr.com/report/3064/natural-food-color-market
Key Segments of Natural Food Color Industry Research
By Product :
Carotenoid
Curcumin
Anthocyanin
Chlorophyll
Carmine
Others
By Form :
Liquid
Powder
Gel
Emulsion
By Application :
Dairy Food Products
Beverages
Confectionary and Bakery Products
Others
By Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
In conclusion, the Natural Food Color Market is experiencing a significant surge in demand, driven by shifting consumer preferences towards healthier and more sustainable food options. The market has witnessed notable developments such as the introduction of innovative natural food color solutions by leading manufacturers.
Companies like GNT Group and Divi’s Nutraceuticals are pioneering the development of natural food colorings derived from organic sources such as fruits, vegetables, and plant extracts. These products offer vibrant and attractive hues while meeting the increasing consumer demand for clean label and naturally sourced ingredients.
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riteshdeshmukh · 3 months
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ruchi-336 · 4 months
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