Global Natural Food Colors Market: Growing Demand for Spirulina Extract to Boost Market Growth
An increasing number of popular food product brands are moving away from synthetic colorants in favor of natural alternatives. The global natural food colors market is estimated to expand at a CAGR of 6.8% during the period between 2014 and 2020. The overall market was worth US$1,144.0 mn in 2014 and is projected to reach a valuation of US$1,697.6 mn by 2020. In 2014, the global natural food color market accounted for 54.9% of the overall food colors market and is expected to hold around 60% of the global food colors market by 2020. Browse the full Global Natural Food Colors Market Report: http://www.mrrse.com/natural-food-colours-market On the basis of type of natural food colors, the global natural food colors market can be segmented into curcumin, carotenoids, paprika extract, anthocyanin, chlorophyll, spirulina, and others including carmines and betalains. Carotenoids to Dominate Global Food Colors Market Carotenoids are a group of naturally occur...