Curcumin Food Color Market

Curcumin food colors Market Outlook (2022 to 2032)

Curcumin food color market report predominantly covers food and beverage application of Curcumin food color worldwide, the market is expected to reach a market valuation of nearly USD 106 Million by the year 2022, accelerating with a CAGR of 10.3 % between 2022 to 2032.

Attribute	Details
Curcumin Food Colors Market Size (2022E)	USD 106.0 Million
Curcumin Food Colors Market Projected Size (2032F)	USD 323.0 Million
Value CAGR (2022 to 2032)	10.3%
Top Region Market Share - North America	46.3%

Curcumin food color sales are accounted for ~5.9% of the sales in the global natural food colors market which was valued at USD 1.6 Billion in 2021.

Curcumin is a bright yellow chemical produced by plants of the curcuminoids family, Curcuma longa species that is used for food colorings, flavorings, cosmetics, and herbal supplements. Organic curcumin attaches health benefits such as increasing immunity levels and being anti-microbial, anti-inflammatory, anti-allergic, anti-diabetic, and antioxidant. This has fueled the consumption of the curcumin food colors market.

Rising consumer preference for natural personal care and food products is expected to spur demand for curcumin in the forthcoming years. Increasing awareness about the benefits of organic ingredients is compelling manufacturers to use different types of natural ingredients found in consumables and processed foods.

The harmful effect to allergic people of toxic ingredients in synthetic food colors is compelling consumers to opt for greener products. Furthermore, consumers are becoming more informed about the benefits of using organic and natural ingredients through various social media platforms.

Apart from food additives, curcumin extracts are primarily used in skincare products because of their pigmentation inhibition antimicrobial activity, and antioxidant capacity, all of which help to prevent various skin diseases. Consumers are constantly looking for food products that are both healthy and meet their personal needs, which go beyond hunger or cravings.

Clinical studies on the neon yellow pigment (curcuminoids) found in curcumin (turmeric yellow) have shown a reduction in a variety of inflammation-related ailments. This is a major factor spurring sales of curcumin food colors in the food & beverage and cosmetics industries.

Is the rising demand for clean label products helping Curcumin food colors market growth?

Yes, the growing demand for clean label products from customers ubiquitously is one of the significant reasons for the growth of Curcumin food colors. Food manufacturing corporations are shifting their focus towards additives, ingredients, and colorants such as curcumin that promote the health profile of food products, in an attempt to cope with the changing consumer preferences.

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What are the key drivers of the Curcumin food colors market?

Synthetic food colors have always been in demand since the time of their advent for adding attractiveness and an aesthetic appeal to food items, but now with natural food colors gathering pace and looking to replace the artificial food colors, the revenue of curcumin food colors is bound to increase.

There is an expansion of the use of Curcumin food colors in the beverage segments as well as bakery and confectionery segments. Manufacturers are using many Curcumin color variants for packaged food and beverage products to produce food colors that are visually appealing as well as healthy. Food-grade curcumins are being largely used in personal care products.

The use of curcumin as a functional ingredient, food additive, and supplement in beverages such as energy drinks, sports and performance drinks, ready-to-drink teas, and others is widely gaining acceptance. Consumers are inculcating curcumin in their diets to manage joint-related issues, liver health, and other health-related issues.

Also, with the ballooning number of consumers shifting to a vegan lifestyle and vegetarian diet, the use of Curcumin food colors has risen in the food processing industry. The increasing health-consciousness among people during the pandemic has enforced food producers into looking for natural food colors like Curcumin color in their food products.

What is a key challenge to Curcumin Food Colors Market?

The important factors limiting the growth of the Curcumin extract market are high cost, less stability as compared to synthetic agents, highly concentrated extracts which affect the desired taste of the food. Poor solubility and sedimentation make curcumin supplements visually unappealing.

These factors have a negative impact on consumption and preference for the Curcumin food colorants which are used in commercial products by the manufacturers thus co-relatedly affecting the overall Curcumin food colors market.

Country-wise Insights

How is the North American Curcumin Food Colors Market Performing?

The North American Curcumin Food Colors Market is expected to register an 8.9% CAGR between 2022 and 2032. In 2021, the North American Curcumin food colors market was valued at USD 44.2 million. The USA, being one of the largest markets for food colorants and having a stronger organic trend totaled sales of 870 metric tons in 2021 valued at more than USD 37.8 million. The USA curcumin market contributes over 37% of the global Curcumin food colors market.

What is the European Curcumin Food Colors Market Outlook?

As per FMI, the EU Curcumin food colors market totaled revenue of nearly USD 25 Million in 2021 which is approximately 26% of the global Curcumin Food Colors market. The market in the region is expected to exhibit a CAGR of 9.9% during the assessment period. Germany clocked a revenue of USD 6.4 million in 2021, followed by France with USD 3.8 million. Curcumins are approved for use as food colorants in the European Union having colorant code E100.

Category-wise Insights

What are the Leading Applications of Curcumin Food Colors?

The leading application for Curcumin food colors is the beverages industry. Turmeric-flavored beverages are very popular in South and Southeast Asia. The beverages segment consumed over 590 metric tons of color in 2021 valued at nearly USD 23.5 million, which is well over 25% of the annual Curcumin food color sales. Curcumin also finds extensive application in segments like breakfast cereals, loaves of bread, and cookies and pastries.

What is the dairy segment outlook for Curcumin Food colors?

The dairy segment consumed over 331 metric tons of curcumin colors in 2021. This by value is USD 13.3 million. Curcumin colors are widely used for coloring milk products like jars of butter and cheeses. Milk drinks and milk alternatives found the highest consumption for curcumin at USD 3.3 million in 2021.

Why are the Sales of Powder Curcumin Rising?

Based on form, sales of powder form of curcumin food colors are expected to cross the valuation of USD 60 Million in 2022. Increasing demand for natural and plant-based food colorants in ready-to-eat food products will continue pushing sales of powder form of curcumin over the assessment period.

Competitive Landscape

Some of the market players leading the Curcumin food colors market are BioMax Life Sciences, Synthite Industries Ltd, Chr. Hansen Holding A/S, Agrofood, Hindustan Mint & Agro Products Pvt. Ltd., DDW, Kalsec Inc, Sensient Technology Corporation, SV Agrofood, The Green Labs LLC, Archer Daniels Midlands Co., Symrise A.G., Naturex S.A. among others.

The Curcumin food colors report presents a assessment of the market and contains thoughtful insights, historical data, facts, and statistically supported and industry-validated market data of these profiled market players.

Scope of the Report

Attribute	Details
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; East Asia; South Asia; and the Middle East & Africa
Key Countries Covered	USA, Brazil, Mexico, Germany, UK, China, India, Japan, Australia, and GCC Countries
Key Segments Covered	Product Type, Application, Solubility, Form, and Region
Key Companies Profiled	Chr. Hansen A/S; Symrise; FMC Corporation; Archer Daniels Midlands Co.; D. Williamson & Co. Inc.; Kalsec Inc.; BASF SE; DDW; Sensient Technology Corporation; WILD Flavors; AVT Natural Products; NATUREX Group; WackerChemie AG; Hindustan Mint & Agro Products Pvt. Ltd.; Arjuna Natural Extracts Ltd.; SV Agrofood; Star Hi Herbs Pvt. Ltd.; Helmigs Prima Sehejtera P.T; SMP Nutra; Others
Report Coverage	Market Forecast, Market Dynamics and Challenges, and Strategic Growth Initiatives, Company Share Analysis, Competition Intelligence, DROT Analysis
Customization & Pricing	Available upon Request

Curcumin Food Colors Market by Category

By Nature:

• Organic
• Conventional

By Application:

• Bakery & Confectionery Products
• Beverages
• Fruit Preparations/ Fillings
• Dairy Food Products
• Potatoes, Pasta, and Rice
• Soups, Sauces, and Dressings
• Meat, Poultry, Fish, and Eggs
• Seasonings
• Others

By Form:

• Powder
• Liquid

By end-user industries:

• Food Industry
• Personal Care Industry
• Others

By Region:

• North America (USA, Canada, Mexico)
• Latin America (Brazil, Argentina, Chile, Peru, Bolivia)
• Europe (Germany, UK, France, Italy, Spain, Poland, Russia), Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa), India
• Asia-Pacific (China, Japan, South Korea, Thailand, Malaysia, Vietnam, Indonesia, Oceania (Australia, New Zealand))

Frequently Asked Questions

How big is the Curcumin Food Colors Market?

The Curcumin Food Colors market will reach nearly USD 323 million in value and clock over 6280 metric tons in volume by 2032.

How Much Does Curcumin food colors market contribute to the Natural Food Colors Market?

By value, Curcumin food color sales are likely to account for approximately ~5.9% of the demand in the global natural food colors market in 2022.

At What Rate will Curcumin Food Colors Demand Grow in Asia-Pacific?

The consumption of Curcumin Food Colors is expected to grow at a 10.2% CAGR between 2022 and 2032. Increasing disposable income of the middle class and advancing investments for organic food colors supported by the expansions of domestic companies will drive the growth of curcumin in this region.

Which is the largest F&B application of Curcumin food colors?

The beverages segment consumed over 590 metric tons of color in 2021 valued at nearly USD 23.5 million, which is well over 25% of the annual Curcumin food color sales and is the largest food and beverage application of curcumin color.

How will the tea segment perform for Curcumin food colors?

The tea sub-segment under beverages consumed over 44 metric tons of curcumin food colors in 2021. The demand is projected to grow at a rate of 11.9% over the forecast period to have a consumption worth over USD 6.3 million in 2032.