Natural Pigment Market Definition
The Rising Food and Beverages industry is likely to boost the paint market which in turn is anticipated to fuel the natural pigments market over the forecast period. Colorants are used in plastic for UV protection, long service life, attractive colors, fire protection, and application safety. The natural colorant is a color additive that imparts color when it is added to food or drink. Natural colorant was an extract from natural vegetables, fruits or flowers, its health and safety for the person. The natural pigments applied to the product's surface yield vivid colors and excellent stability. The colored surface can be covered with shellac or wax to give shine. Natural food coloring is used both in commercial food production and in domestic cooking.
The market study is broken down by Type (Lutein, Capsanthin and Monascus colour), by Application (Food and Beverage, Cosmetics, Pharmaceuticals, Feed and Other) and major geographies with country level splits.
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA estimates that Asian Vendors will contribute to the maximum growth of Global Natural Pigment market throughout the predicted period.
CHRHANSEN (Denmark), Sensient (United States), Synthite (India), Plant Lipids (India), San-Ei-Gen (Singapore), Akay Flavous and Aromatics (India), D.D. Williamson (United States), BASF (Germany), DSM (Netherlands) and Naturex (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Kalsec (United States).
AdvanceMarketAnalytics has segmented the market of Global Natural Pigment market by Type, Application and Region.
On the basis of geography, the market of Natural Pigment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Source, the sub-segment i.e. Plant will boost the Natural Pigment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand from Various End-User Industries
- High Demand from Pharmaceuticals Industries
- Rising Demand for Value-Added High-Quality Natural Pigments in the Cosmetic Industry
- Increasing Demand for Feed
- Growing Demand from Developing Countries
- High Demand for Natural Products
- The Growing Concern Relavolatility in Raw Material Prices
- The Stringent Government Regulations
Key Target AudienceNatural Pigment Manufactures, Natural Pigment Suppliers, Natural Pigment Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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