Infographic: Demand for Natural Food Colours to Rise at a CAGR of 6.8% Due to Stringent Regulations by Food Safety Authorities and Need for Clean Label Products
Jan 09, 2015 | Food and Beverage | Future Market Insights
According to the "Global Natural Food Colours – Market Analysis and Opportunity Assessment, 2014 – 2020" report, the overall food colours market is anticipated to grow at a healthy single-digit CAGR of 5.1% during the forecast period. Interestingly however, the natural food colours market is projected to grow 2.8 times more than the synthetic food colours market and 2.1 times more than that of the caramel colours market. The global natural food colours market reached around US $ 1.14 Bn in terms of value in 2014.