The Global Organic Natural Pigments Market- Growth, COVID-19 impact and Forecast (2021-2025)
The Organic Natural Pigments market is segmented by Product type (Capsanthi, Lutein, and Others); Application (Food and Beverages, Pharmaceutical, Cosmetics, Feed, and Others); Geography (North America, Europe, APAC and ROW).
Introduction
Pigment refers to the material that imparts color to the other material. Along with this natural pigment or natural colorant are the natural origin pigments, including Capsanthin and Lutein. These are extracted from natural vegetables, fruits or flowers.
These natural organic pigments are widely used in various end-user industries such as food and beverage, pharmaceutical, feed, and cosmetics.
The rising awareness among individuals regarding a healthy lifestyle and the use of natural products is anticipated to drive market demand in the future.
Despite the current pandemic situation, the food product manufacturers are operating at their full capacities. With the increasing demand for healthy food consumption, the market is expected to grow even during COVID-19.
Table of Contents
Executive Summary
Scope of the report
Research Methodology
Executive Summary
Introduction
5.1 Parent Market/ TAM
5.2 Market Outline
5.3 Market Segmentation
6. Five Force analysis
7. Market Sizing
8. Market segmentation
9. Geographical Landscape
9.1 APAC
9.2 Europe
9.3 North America
9.4 ROW
10. Growth drivers
10.1 Increasing demand for functional food products
10.2 Growing importance of aesthetics in the packaging industry
11. Key Market Trends
12. Impact of Covid-19
13. Challenges
14. Customer Insights analysis
15. Major Market Players
15.1 Akay Group
15.2 BASF
15.3 Chenguang Biotech Group
15.4 Evesa
15.5 Naturex
15.6 Long Ping High-Tech
15.7 Plant Lipids
15.8 Sensient
15.9 Qingdao Scitech
15.10 Kemin
16. Recent Developments
17. Future Scope
18. Strategic Recommendations
Market Overview
The Global organic natural pigments market is expected to grow to $1,649.90 million by 2025.
Growth momentum is expected to accelerate during the forecast period with 4.72% CAGR.
These pigments are used widely in food and beverage applications.
Asia Pacific region is the fastest-growing market owing to the growing demand from packaging, automotive, and construction industries in the region
Key Trends
The rising awareness among individuals regarding a healthy lifestyle and the use of natural products is expected to drive the market in the future.
Various research and development activities for the development of new organic natural pigment technologies are also propelling the growth of the market.
Key Market Players
Some of the key players in the market are Akay Group, BASF, Chenguang Biotech Group, Evesa, Naturex, Long Ping High-Tech.
The key players are dominating the market by adopting modern and innovative technologies to customize the product, enhance its properties, and differentiate the final product from its competitors.
Growth Drivers and Challenges
Increasing demand for functional food products is driving the market demand.
The growing importance of aesthetics in the packaging industry is also supporting the growth of the market.