Natural Food Colors Market Global Briefing, Growth Analysis And Opportunities Outlook 2033
According to Future Market Insights (FMI), the natural food colors market is likely to reach a valuation of US$ 1.7 billion in 2023. From 2023 to 2033, a robust 7.2% CAGR is likely to propel the market to a valuation of US$ 3.3 billion in 2033.
Color has a profound impact on how people feel about food. It is considered to be the most important product-intrinsic sensory signal when it comes to affecting people’s judgements of the likely flavor and taste of food and beverages.
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Color-giving substances were initially produced in domestic kitchens from locally grown plants or already-existing natural sources. Due to the industrialization of food production, food colors that were reliable across all production batches and stable for the duration of products’ shelf lives were needed.