Global Food & Beverages Color Fixing Agents Market size earned $2.97 billion in 2021 and is expected to earn $5.27 billion by 2028, growing at 5.3%.
The global Food & Beverages Color Fixing Agents Market accrued earnings worth approximately 2.97 (USD Billion) in 2021 and is predicted to gain revenue of about 5.27 (USD Billion) by 2028, is set to record a CAGR of nearly 5.3% over the period from 2022 to 2028. The report offers assessment and analysis of the Food & Beverages Color Fixing Agents Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).
Food & beverages color fixing agents are mainly used as food preservatives in various kinds of foods including poultry, fish, bakery items, meat, and dairy products. These products impart red color to foods along with cutting flavor while preserving foods from micro-organisms. Furthermore, as a result of antibacterial & antioxidant features, food & beverages color fixing agents are utilized regularly in production of beverages such as alcoholic & non-alcoholic ones.
Rise in fish production and intake will impel expansion of food & beverages color fixing agents industry in ensuing years. Rise in customer expenditure and changes in consumer lifestyle will proliferate size of market over years ahead. Shift in eating patterns of consumer and rise in per capita income will culminate into humungous surge in expansion of food & beverages color fixing agents market. Escalating demand for healthy & nutritive food products will catalyze market trends. Additionally, humungous demand for fish & poultry foods will embellish expansion of business over ensuing years.
North American Market To Register Highest CAGR Over Forecast Timeframe
Expansion of food & beverages color fixing agents industry over assessment period in North America over forecasting years can be attributed to large-scale intake of preserved meat & beverages among customers in sub-continent. Apart from this, increase in sale of bakery items as well as poultry products in countries such as the U.S. will further contribute to regional market size.
Key players impacting growth of food & beverages color fixing agents industry and profiled in study are Merck KGaA, American Elements, Airedale Chemicals, Spectrum Chemicals, Yara International ASA, Sonac USA LLC, Akzo Nobel NV, Aldon Corporation, Mitsubishi Chemical Corporation, and Old Bridge Chemicals.
Report Attributes | Report Details |
---|---|
Report Name | Food & Beverages Color Fixing Agents Market Research Report |
Market Size in 2021 | USD 2.97 Billion |
Market Forecast in 2028 | USD 5.27 Billion |
Compound Annual Growth Rate | CAGR of 5.3% |
Number of Pages | 190 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Merck KGaA, American Elements, Airedale Chemicals, Spectrum Chemicals, Yara International ASA, Sonac USA LLC, Akzo Nobel NV, Aldon Corporation, Mitsubishi Chemical Corporation, and Old Bridge Chemicals. |
Segments Covered | By Product Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2018 to 2021 |
Forecast Year | 2022 - 2028 |
Customization Scope | Avail customized purchase options to meet your exact research needs.Request For Customization |
By Application
By Product
By Region
FrequentlyAsked Questions
Rise in fish production and intake will impel expansion of food & beverages color fixing agents industry in ensuing years.
According to Zion market research report, the global Food & Beverages Color Fixing Agents Market accrued earnings worth approximately 2.97 (USD Billion) in 2021 and is predicted to gain revenue of about 5.27 (USD Billion) by 2028, is set to record a CAGR of nearly 5.3% over the period from 2022 to 2028.
North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to large-scale intake of preserved meat & beverages among customers in sub-continent.
The key market participants include Merck KGaA, American Elements, Airedale Chemicals, Spectrum Chemicals, Yara International ASA, Sonac USA LLC, Akzo Nobel NV, Aldon Corporation, Mitsubishi Chemical Corporation, and Old Bridge Chemicals.
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