Global Edible Pigment Market Size By Type (Natural Edible Pigment, Plant Based), By Application (Food & Beverages, Pharmaceuticals), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 10761 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Edible Pigment Market was valued at USD 2.1 billion in 2023 and is expected to reach USD 4.3 billion by 2031, growing at a CAGR of 8.2% during the forecast period from 2023 to 2031. The market's growth is driven by increasing consumer demand for naturally derived food colors, rising awareness about food safety, and a shift towards clean-label products. Edible pigments, derived from both natural and synthetic sources, are extensively used in the food and beverage, pharmaceutical, and cosmetics industries to enhance the visual appeal and acceptability of products.

Drivers

Rising Demand for Natural Food Colors: Growing consumer preference for natural ingredients and the rising trend of clean-label products are major factors driving the adoption of edible pigments in food applications.

Stringent Regulatory Approvals for Food Additives: Regulatory bodies worldwide are promoting the use of safe and non-toxic food coloring agents, which is propelling the demand for high-quality edible pigments.

Expanding Applications in Pharmaceuticals and Cosmetics: The use of edible pigments in tablet coatings, syrups, and cosmetics provides lucrative growth opportunities.

Restraints

High Cost of Natural Pigments: The production and processing of natural pigments can be expensive, limiting their adoption, especially in cost-sensitive markets.

Limited Stability of Natural Colors: Natural pigments often face challenges like degradation under heat, light, or pH changes, impacting their use in some applications.

Opportunity

Innovation in Microencapsulation Techniques: Advances in encapsulation technology are enhancing the stability and functionality of natural edible pigments, presenting growth opportunities for manufacturers.

Emerging Markets in Asia-Pacific and Latin America: Rising disposable incomes and growing awareness of food safety in these regions are driving demand for edible pigments.

Market by Source Insights

Natural Pigments dominated the market in 2023 due to rising consumer demand for clean-label products. Pigments such as anthocyanins, carotenoids, and betalains are widely used in food and beverage applications.

Synthetic Pigments hold a significant share, driven by their affordability and stability, although their growth is constrained by regulatory scrutiny.

Market by End-Use Insights

The Food & Beverage sector accounted for the largest market share in 2023, with applications in confectionery, beverages, and bakery products leading the demand.

The Pharmaceutical segment is expected to grow rapidly due to the increasing use of edible pigments in drug coatings for visual identification.

Market by Regional Insights

North America led the market in 2023, driven by strong regulatory support for natural additives and a growing health-conscious consumer base.

The Asia-Pacific region is projected to witness the fastest growth during the forecast period, fueled by rapid urbanization, increased disposable income, and expanding food and beverage industries in countries like China and India.

Competitive Scenario

Key players in the Global Edible Pigment Market include Givaudan, DSM, Chr. Hansen, Kalsec Inc., Naturex (Givaudan Group), Sensient Technologies, and Roha Dyechem Pvt. Ltd.. These companies are focusing on expanding their product portfolios, developing sustainable pigments, and forming strategic collaborations to enhance market presence.

Scope of Work – Global Edible Pigment Market

Report Metric

Details

Market Size in 2023

USD 2.1 billion

Market Size in 2031

USD 4.3 billion

Growth Rate (CAGR)

8.2% (2023-2031)

Market Segments

Source (Natural, Synthetic), End-Use (Food & Beverage, Pharmaceutical, Cosmetics), Region (North America, Europe, Asia-Pacific, Latin America, MEA)

Growth Drivers

Rising demand for natural food colors, regulatory support, and expanding applications in pharmaceuticals and cosmetics.

Opportunities

Innovation in encapsulation techniques, growth in emerging markets.

Key Market Developments

2023: DSM launched a new range of carotenoid-based natural food pigments for beverages, enhancing visual appeal and shelf stability.

2024: Sensient Technologies introduced a patented microencapsulation technology for natural pigments, improving heat stability in bakery products.

2025: Givaudan announced the expansion of its natural pigment production facility in Europe to meet rising demand in the food and beverage industry.

FAQs

What is the current market size of the Global Edible Pigment Market?

The market was valued at USD 2.1 billion in 2023.

What is the major growth driver of the Global Edible Pigment Market?

The rising demand for natural food colors and clean-label products is the primary growth driver.

Which is the largest region during the forecast period in the Global Edible Pigment Market?

North America currently leads, but Asia-Pacific is expected to grow the fastest.

Which segment accounted for the largest market share in the Global Edible Pigment Market?

The Food & Beverage segment dominated in 2023.

Who are the key market players in the Global Edible Pigment Market?

Major players include DSM, Givaudan, Chr. Hansen, and Sensient Technologies. 

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