The global Food Blue 5 Markets are anticipated to reach a market valuation of USD 10.5 Million in 2022, with demand poised to increase at a CAGR of 2.9% during the assessment period (2022 to 2032). Food Blue 5 is also called patent blue V, sulphan blue, acid blue 3, L-Blau 3, C-Blau 20, patentblau V, and food sky blue.
Attribute | Details |
---|---|
Food Blue 5 Market Expected Size (2022E) | USD 10.5 Million |
Market Projected Size (2032F) | USD 14.7 Million |
Value CAGR (2022 to 2032) | 2.9% |
Top Region Market Share (EMEAI) | 48.7% |
Food Blue 5 is a sky blue synthetic triphenylmethane dye that is used as a food and beverage colorant. As a food additive, it has E number E131. Patent Blue V is a sodium or calcium salt. Future Market Insights estimates that the food blue 5 markets will account for nearly USD 5.3 Billion of sales in the global food color market in 2032.
The food color market registered revenue, in terms of volume, of around 185,000 metric tons in 2021, with sales of food blue 5 dyes reaching 1500 metric tons in 2021.
The market study suggests that the demand for food blue 5 colorants are expected to be at approximately 1900 metric tons by 2032. The rising need for natural food ingredients as people are becoming more conscious of food ingredients is propelling the demand for natural blue food colors over the forecast period.
The food Blue 5 markets are highly driven by the growing demand for innovative, unique-looking food dishes, and altering taste and food appeal preferences.
Patent Blue V's color in an aqueous solution varies from a deep blue in an alkaline or moderate acidic media to a yellowish-orange in a stronger acidic medium. The colorants are used in medicine and are also used as a stain to reveal dental plaque. Hence, the rising application of food blue 5 in the pharmaceutical and food & beverage industries is propelling the demand in the market.
The European Union has approved food blue 5 as a valid food color. In Europe, it is available in certain blue Curaç ao, jelly sweets, certain gelatin desserts, and scotch eggs, among others. On the back of this, the food blue 5 sales are expected to surge in the UK and Germany due to its affordability and accessibility.
Patent Blue V has been banned in certain countries such as the USA and Australia as a food additive due to allergic reactions. These tight regulations around synthetic food colorants and reluctance are expected to hamper the demand in the market.
Being a dye produced by full chemical synthesis, they lack nutritional content, thus consumption of natural food colors by big food processing industries might impact the sales of synthetic food colors. This is the key factor impeding the growth in the food blue 5 markets.
India Food Blue 5 Market to Gain Impetus Amid Rising Application in Beverage Sector
As per Future Market Insights (FMI), India is considered to have one of the largest beverage industries. Sales of food blue 5 in India across the beverage industry are expected to reach USD 5.3 Million. This is primarily due to the increasing consumption of ready-to-drink carbonated beverages in the country.
According to the study, the Asia Pacific food blue 5 markets totaled USD 2 Million in 2021 which is nearly 20% of the global market. However, China is one of the largest markets for synthetic food colorants.
Numerous food coloring manufacturers have strong manufacturing facilities and distribution networks in China, Japan, and South-East Asia. Hence, the demand for patent blue V is expected to grow at a steady pace in the Asia Pacific.
Demand for Food Blue 5 in Germany to Surge at a Robust Pace Through 2032
Europe's food blue 5 markets are expected to reach a valuation of USD 4 Million in 2021, according to FMI. Expansion of food processing industries in France and Germany is expected to create remunerative prospects for food blue 5 market players. Germany and France are estimated to be the leading markets for food blue 5, with sales in Germany accounting for USD 1.1 Million in 2021.
Over 1/4th of Food Blue 5 Sales to Remain Concentrated in Beverage Segment
In terms of application, beverages account for the largest share in the food blue 5 markets. The beverage segment is expected to account for over 25% of food blue 5’s market share. Besides this, the demand for the bakery, snacks, and cereals segment is expected to accelerate with a CAGR of 2.9% over the assessment period.
The dairy and meat, poultry, and eggs segment is also one of the leading applications of food blue 5 food colorants. As per the study, these segments are expected to collectively account for 22% of the demand share in the global food blue 5 markets.
Patent Blue V manufacturers are adopting strategies such as penetrating into emerging economies, funding research for safety checks, and establishing trade agreements with regional food processing industries.
Food Blue V manufacturing corporations have been re-modeling the product to attract end-user industries and consumers. Moreover, leading manufacturers are investing in research and development and acquiring regional innovative units.
Attribute | Details |
---|---|
Market Expected Size (2022E) | USD 10.5 Million |
Market Projected Size (2032F) | USD 14.7 Million |
Value CAGR (2022-2032) | 2.9% |
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 | North America; Latin America; Europe; Middle East and Africa; and India; Asia Pacific |
Key Countries Covered | USA, Canada, Mexico, Brazil, Peru, Argentina, UK, China, India, Japan, Germany, Italy, France, South Africa, South Korea, Australia, and GCC Countries |
Key Segments Covered | Type, Application, and Region |
Key Companies Profiled | Sensient Colors LLC.; Symrise AG; Chr. Hansen Holding A/S; DIC Corporation (BASF SE); Archer Daniels Midland Company; BioconColors; DSM; DDW; San-Ei Gen F.F.I., 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 |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032
Table 2: Global Market Volume (MT) Forecast by Region, 2017 to 2032
Table 3: Global Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 4: Global Market Volume (MT) Forecast by Form, 2017 to 2032
Table 5: Global Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 6: Global Market Volume (MT) Forecast by Application, 2017 to 2032
Table 7: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 8: North America Market Volume (MT) Forecast by Country, 2017 to 2032
Table 9: North America Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 10: North America Market Volume (MT) Forecast by Form, 2017 to 2032
Table 11: North America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 12: North America Market Volume (MT) Forecast by Application, 2017 to 2032
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032
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Table 15: Latin America Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 16: Latin America Market Volume (MT) Forecast by Form, 2017 to 2032
Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 18: Latin America Market Volume (MT) Forecast by Application, 2017 to 2032
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 20: Europe Market Volume (MT) Forecast by Country, 2017 to 2032
Table 21: Europe Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 22: Europe Market Volume (MT) Forecast by Form, 2017 to 2032
Table 23: Europe Market Value (US$ Million) Forecast by Application, 2017 to 2032
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Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
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Table 27: East Asia Market Value (US$ Million) Forecast by Form, 2017 to 2032
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Table 29: East Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 30: East Asia Market Volume (MT) Forecast by Application, 2017 to 2032
Table 31: South Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 32: South Asia Market Volume (MT) Forecast by Country, 2017 to 2032
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Table 35: South Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 36: South Asia Market Volume (MT) Forecast by Application, 2017 to 2032
Table 37: Oceania Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 38: Oceania Market Volume (MT) Forecast by Country, 2017 to 2032
Table 39: Oceania Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 40: Oceania Market Volume (MT) Forecast by Form, 2017 to 2032
Table 41: Oceania Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 42: Oceania Market Volume (MT) Forecast by Application, 2017 to 2032
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 44: Middle East and Africa Market Volume (MT) Forecast by Country, 2017 to 2032
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 46: Middle East and Africa Market Volume (MT) Forecast by Form, 2017 to 2032
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 48: Middle East and Africa Market Volume (MT) Forecast by Application, 2017 to 2032
Figure 1: Global Market Value (US$ Million) by Form, 2022 to 2032
Figure 2: Global Market Value (US$ Million) by Application, 2022 to 2032
Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032
Figure 5: Global Market Volume (MT) Analysis by Region, 2017 to 2032
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 8: Global Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 9: Global Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 10: Global Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 11: Global Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 12: Global Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 13: Global Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 16: Global Market Attractiveness by Form, 2022 to 2032
Figure 17: Global Market Attractiveness by Application, 2022 to 2032
Figure 18: Global Market Attractiveness by Region, 2022 to 2032
Figure 19: North America Market Value (US$ Million) by Form, 2022 to 2032
Figure 20: North America Market Value (US$ Million) by Application, 2022 to 2032
Figure 21: North America Market Value (US$ Million) by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 23: North America Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 26: North America Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 27: North America Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 28: North America Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 29: North America Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 30: North America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 31: North America Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 34: North America Market Attractiveness by Form, 2022 to 2032
Figure 35: North America Market Attractiveness by Application, 2022 to 2032
Figure 36: North America Market Attractiveness by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Million) by Form, 2022 to 2032
Figure 38: Latin America Market Value (US$ Million) by Application, 2022 to 2032
Figure 39: Latin America Market Value (US$ Million) by Country, 2022 to 2032
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 41: Latin America Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 44: Latin America Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 45: Latin America Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 49: Latin America Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 52: Latin America Market Attractiveness by Form, 2022 to 2032
Figure 53: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 54: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 55: Europe Market Value (US$ Million) by Form, 2022 to 2032
Figure 56: Europe Market Value (US$ Million) by Application, 2022 to 2032
Figure 57: Europe Market Value (US$ Million) by Country, 2022 to 2032
Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 59: Europe Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 62: Europe Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 63: Europe Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 64: Europe Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 66: Europe Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 67: Europe Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 70: Europe Market Attractiveness by Form, 2022 to 2032
Figure 71: Europe Market Attractiveness by Application, 2022 to 2032
Figure 72: Europe Market Attractiveness by Country, 2022 to 2032
Figure 73: East Asia Market Value (US$ Million) by Form, 2022 to 2032
Figure 74: East Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 75: East Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 76: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 77: East Asia Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 80: East Asia Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 81: East Asia Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 82: East Asia Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 84: East Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 85: East Asia Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 86: East Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 88: East Asia Market Attractiveness by Form, 2022 to 2032
Figure 89: East Asia Market Attractiveness by Application, 2022 to 2032
Figure 90: East Asia Market Attractiveness by Country, 2022 to 2032
Figure 91: South Asia Market Value (US$ Million) by Form, 2022 to 2032
Figure 92: South Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 93: South Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 94: South Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 95: South Asia Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 98: South Asia Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 99: South Asia Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 100: South Asia Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 102: South Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 103: South Asia Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 104: South Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 105: South Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 106: South Asia Market Attractiveness by Form, 2022 to 2032
Figure 107: South Asia Market Attractiveness by Application, 2022 to 2032
Figure 108: South Asia Market Attractiveness by Country, 2022 to 2032
Figure 109: Oceania Market Value (US$ Million) by Form, 2022 to 2032
Figure 110: Oceania Market Value (US$ Million) by Application, 2022 to 2032
Figure 111: Oceania Market Value (US$ Million) by Country, 2022 to 2032
Figure 112: Oceania Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 113: Oceania Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 116: Oceania Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 117: Oceania Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 118: Oceania Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 120: Oceania Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 121: Oceania Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 122: Oceania Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 123: Oceania Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 124: Oceania Market Attractiveness by Form, 2022 to 2032
Figure 125: Oceania Market Attractiveness by Application, 2022 to 2032
Figure 126: Oceania Market Attractiveness by Country, 2022 to 2032
Figure 127: Middle East and Africa Market Value (US$ Million) by Form, 2022 to 2032
Figure 128: Middle East and Africa Market Value (US$ Million) by Application, 2022 to 2032
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2022 to 2032
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 131: Middle East and Africa Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 135: Middle East and Africa Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 139: Middle East and Africa Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 142: Middle East and Africa Market Attractiveness by Form, 2022 to 2032
Figure 143: Middle East and Africa Market Attractiveness by Application, 2022 to 2032
Figure 144: Middle East and Africa Market Attractiveness by Country, 2022 to 2032
The food blue 5 market was valued at nearly USD 10.5 Million by 2021 and had a consumption of around 1500 metric tons in 2021.
The pet food market segment accounted for 0.94% of sales by volume in the food blue 5 markets in 2021.
The key factor propelling the demand for food blue 5 holds over other food colorants is its deep and vibrant shade impartation even at lower concentrations. This has appealed to a lot of food processing industries and is a key sales driver behind food blue 5 sales.
Demand for food blue 5 in China is expected to register a 3.2% CAGR between 2022 and 2032, as per FMI.
Japan's food blue 5 markets exhibited sales of 95 metric tons in 2021 and are expected to grow at a 2.9% CAGR between 2022 and 2032.
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