Global Food Colorants Market Forecasted to Grow at CAGR of 4.0%, Demand Will Reach 67,724.0 Tons by 2020: Grand View Research, Inc.
The global market for food colorants is expected to reach USD 2.46 billion by 2020, according to a new study by Grand View Research, Inc. Food colorants demand is expected to grow with increasing applications in confectionery and bakery items, medicines and pharmaceutical drugs, beverages, cosmetics and toiletries, meat, sea food and pet food. Rising consumer awareness for natural ingredients is expected to drive natural colorant demand over the next six years.
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