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The colorants market size is forecast to increase by USD 28.4 billion at a CAGR of 7.49% between 2023 and 2028. The market is experiencing significant growth due to several key trends and drivers. Firstly, the increasing consumer preference for natural food colorants is fueling market growth. This trend is being driven by the rising awareness of health and wellness, as well as the growing demand for clean-label products. Additionally, the high prices of synthetic colorants are pushing consumers towards natural alternatives. Another trend influencing the market is the increasing regulatory scrutiny of synthetic colorants, which is further boosting the demand for natural colorants. Despite these growth opportunities, the market faces challenges such as the high cost of natural colorants and the limited availability of certain natural sources.
Overall, the market is expected to grow steadily over the next few years, driven by these trends and the increasing demand for natural and clean-label products.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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