NEWARK, Del, Aug. 24, 2022 (GLOBE NEWSWIRE) — The global Brilliant Blue Colors FCF market is expected to reach a valuation of $53.8 min in 2022, growing at a CAGR of 4.8% during 2022-2032.
The demand for Brilliant Blue FCF colors is expected to increase by approximately 9,500 metric tons by 2032. Brilliant Blue FCF colors are widely used in processed commercial foods, giving them an artificial green color. These are also added to food products to enhance their natural color, make them attractive and allow consumers to identify the product from afar.
The Brilliant Blue FCF color is also referred to as Blue 1. The global Brilliant Blue FCF market is primarily driven by the growing demand for exotic foods with unique flavors and textures. The growing influence of social media platforms is expected to encourage consumers to purchase aesthetically appealing food and beverages.
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Growing awareness of natural food ingredients among people around the world may hamper the demand for synthetic brilliant blue FCF dyes in the next decade. Rising cases of dye allergies, strict government standards to control the use of food dyes, and consumer shift towards natural dyes made from blue spirulina are some other restraints in the global market.
Top takeaways: Brilliant Blue FCF Colors Market
- Brilliant Blue FCF colors posted sales of approximately 5,050 metric tons in 2021 and demand is expected to reach approximately 9,500 metric tons by 2032.
- North America Brilliant Blue FCF Market Expected to Record 4.2% CAGR between 2022 and 2032.
- The Latin American FCF brilliant blue color market accounted for $7.6 min in value and 708 tonnes in volume in 2021.
- China’s Brilliant Blue FCF Color Market Expected to Record 4.9% CAGR between 2022 and 2032 and it recorded sales of $4.05 min in 2021.
- FCF Blue Brilliant Colors Market in India Expected to Record 6% CAGR over the forecast period of 2022 and 2032.
“Brilliant Blue FCF Color producers strive to generate high income by partnering with cereals, cakes, pastries, savory snacks, ice cream, jellies and licorice manufacturers. They are also focused on building strategic alliances with regional bakery and confectionery brands to gain competitive advantage,” says an analyst from Future Market Insights.
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Competitive Landscape: Brilliant Blue FCF Colors Market
Some of the key players present in the global brilliant blue FCF colors market include Koel Colors, Clariant, BASF, Sensient Colors LLC, Spectra Colors, MIFAR, Sun Chemical (DIC), Daito Kasei Kogyo, Neelikon Food Dyes & Chemicals, Symrise, Sunfoodtech. , Dynamic Products Ltd., Sigma-Aldrich Co. LLC., GNT International BV, GFS Chemicals Inc. and Shanghai Dyestuffs Research Institute Co. Ltd., among others.
The major players are focusing on strengthening their distribution channels to compete with their rivals in the global market. Many regional chemical companies also want to partner with international players to co-develop innovative products.
More valuable information about Brilliant Blue FCF Colors Market
Future Market Insights in its new report offers an unbiased analysis of the global Brilliant Blue FCF Colors Market, presenting historical data (2017-2021) and estimation statistics for the forecast period 2022-2032.
The study offers compelling information based on form (solid, powder and granule), solubility (lakes and colorants) and application (beverage, bakery, snacks and cereals, candies/confectionery, dairy products, preparations/fillings of fruits, meat, poultry, fish and eggs, potatoes, pasta and rice, sauces, soups and dressings, seasonings and pet foods) in seven major regions of the world.
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Brilliant Blue FCF Colors Market outlook by category
- Bakery, snacks and cereals
- Fruit preparations/garnishes
- Meat, poultry, fish and eggs
- Potatoes, pasta and rice
- Sauces, soups and dressings
- pet food
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Analysis of the technology roadmap
1.5. Analysis and recommendations
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Market context
3.1. Market dynamics
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