The global Brilliant Black BN Colors Market is holding USD 5.11 Million in the year 2022, lingering with a lower CAGR of 2.7% by 2022 to 2032.
FMI analysis indicates that the brilliant black BN color market is anticipated to reach a market value of USD 6.7 Million in sales in the global market by 2032. By volume, Brilliant black BN colors had a consumption of 1200 metric tons globally in 2021.
| Attributes | Details |
|---|---|
| Brilliant Black BN Colors Market Size (2022E) | USD 5.11 Million |
| Brilliant Black BN Colors Market Projected Size (2032F) | USD 6.7 Million |
| Value CAGR (2022 to 2032) | 2.7% |
| Top Region Market Share (EMEAI) | 47% |
Brilliant black BN, which is also known as Black PN, Food Black 1, Brilliant Black PN, Brilliant Black A, Naphthol Black, CI 28440, or CI Food Black 1, is a synthetic black diazo dye that is soluble in water. It is usually offered as tetrasodium, calcium, or potassium salt having an appearance of a fine powder, solid, or granules.
Brilliant black BN food colors market demand analysis suggests that the demand for brilliant black BN color is expected to grow faster than in other adjacent markets. The overall market is driven by the highly growing demand for innovative, unique, and displayed food dishes and altering taste and food appeal preferences.
This trend has been complemented further due to the advent of rapid connectivity through social media among the worldwide population which pushes the different trends that shape the market’s future.
Brilliant black BN food colors are one of the few edible black pigments that are produced in higher quantities; they are also much cheaper than their counterparts. Food processing industries in Cakes & Pastries, Cookies, Biscuits & Cones, Frosting/Icing, crackers & Savoury snacks have traditionally been using brilliant black BN colors.
Ready-to-eat food products have been consistently gaining popularity in view of rapid urbanization, adopting, and exploring new tastes and colors altogether.
Rapid urbanization, growth in population, advanced distribution systems, and increase in disposable income also influence the brilliant Black BN colors market positively as the rise in production and demand of food and beverage products across the globe also affects the brilliant Black BN colors market.
As compared with natural food colors, brilliant black BN colors are highly effective and impart intense and uniform color in food & beverage products at a faster pace and can easily get miscible with the solution and make more unequivocal solutions. Also, brilliant black BN colors are widely sold in emerging and underdeveloped economies due to the lesser awareness of organic food colors that will boost their forecasted sales.
A new market research report on brilliant black BN food colors explains that the market growth is owing to the growing demand for confectionery, baked items, pastries, desserts, ready-to-eat, and ready-to-drink foods.
Food manufacturers are widely using synthetic food colors to restore the attractiveness of food and beverage products after processing. Brilliant black BN food color is perfect for creating special treats on birthday and Halloween parties and other holidays or as a dye for decorating eggs.
Stringent regulation about brilliant black BN colors among consumers is a key restraint to the market. Brilliant black food color has been banned in the USA, Switzerland, and Japan. The USA is the largest market for food colorants, and this ban has shrunk the overall sales of brilliant black BN colors ultimately.
It is approved by the European Union. Though until 2001, the dye was banned in Norway and was unbanned due to trade relationships with the EU, resulting in the expansion of the brilliant black BN color market size.
Potential health hazards of synthetic colors and consumer hesitations are key factors creating a significant challenge for the food colors market growth. Also, the changing consumer preference toward the natural ingredient may cut the growth in the demand for brilliant black BN colors.
A global study on the brilliant black BN color market explains that the Asia-Pacific region had a consumption of about 370 metric tons in 2021, which is approximately 30.5% of the global brilliant black BN colors market. Beverages have been the best-performing application for brilliant black BN colors in North American countries.
The Chinese food colorant market is one of the largest markets for brilliant black colorants. Key brilliant black BN colors manufacturers like Hangzhou Dayangchem Co. Ltd. and San-Ei Gen F.F.I., Inc. have strong manufacturing facilities, strong distribution networks, and commercial presence in South East Asia and particularly China and Thailand.
Emerging trends in the brilliant black BN color market state that India currently has a high-volume sale of about 130 metric tons annually for brilliant black BN colors. European Brilliant Black BN colors sales clocked over 250 metric tons in 2021.
The expansion of food processing industries in the Middle East and Africa will continue to create impressive prospects while increasing the sales of brilliant black BN colors in EMEAI.
Brazil recorded sales of USD 570,000 in 2021. The continuous advancements in various food industries, such as meat processing, bakery & confectionery, pet food industry, and functional food products, and the rise in demand for innovative and exotic food colors by restaurants and cafeterias are expected to drive the brilliant black BN colors market growth in Latin America.
Brilliant black BN colors market analysis divides the application category into candy, confectioneries, beverages and bakery, snacks, and cereals segments have been and are projected to account for the largest share in the market, increasing the demand for brilliant black BN colors globally.
The confectionery and bakery segments have over 17.66% and 16.37% of Brilliant Black BN colors market share respectively. Besides this, the chocolate and compound coating industry is anticipated to clock a revenue of USD 251,300 in 2022.
Brilliant black BN colors market survey puts social media as a propelling shift in consumers’ preference towards food with extravagant appearances, which increases the consumption of such food colors.
Enhancement in the product looks by manufacturers to cater to the requirements of the consumers is forecasted to expand the brilliant black BN colors market size.
Unique food colors like black are difficult to create using natural food colorants, and usually, the last resort is brilliant black BN colors, benefiting the end users in creating new and unique dishes. New food trends on social media platforms like Instagram involve videos and reels that go viral and create large traction for new food practices, fueling the sales of Brilliant black BN colors.
The internet has also helped in propelling e-commerce and giving efficient supply chains and logistics a boost. Brilliant black BN colors are in high demand in food processing industries of emerging economies like China and India coupled with the penetration of the internet into these regions.
Brilliant black BN colors market players have been investing in research and development to reduce health hazards and minimize barriers to entry in markets, while simultaneously making the product attractive to end-user industries and consumers.
Large manufacturers such as Sigma-Aldrich International GmbH are acquiring innovative regional units. Manufacturers are also diversifying towards various applications like pet foods and edible cosmetics.
| Attributes | Details |
|---|---|
| CAGR % (2022 to 2032) | 2.7% |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value and MT for Volume |
| Key Regions Covered | Global North America; Latin America; Europe; Middle East and Africa; and India; Asia Pacific |
| Key Countries Covered | USA, Canada, Mexico, Brazil, Peru, Argentina, United Kingdom, China, India, Japan, Germany, Italy, France, South Africa, South Korea, Australia, and GCC Countries |
| Key Segments Covered | Type, Form, Color, Application, and Region |
| Key Companies Profiled | DSM; Vinayak Ingredients India Pvt Ltd.; San-Ei Gen F.F.I., Inc.; Sensient Colors LLC.; Symrise AG; Chr. Hansen Holding A/S; Allied Biotech Corporation; Sigma-Aldrich International GmbH; DDW; The Color House; Hangzhou Dayangchem Co. Ltd.; Döhler Group; Kancor; Kalsec Inc.; Others |
| Report Coverage | Market Forecast, Drivers, Restraints, Opportunities and Threats Analysis, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The brilliant black BN colors market is valued at USD 5.11 Million in 2022 and is likely to cross USD 6.73 million in value by 2032.
Bakery, Cereal, and Snacks accounted for 16.31% of sales by volume in the brilliant black BN colors market in 2022.
In Europe, the Middle East, Africa, and India, the demand for brilliant black BN colors are expected to grow at 2.3% CAGR through 2032.
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Brilliant Black BN Colors Market
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