Demand for Natural Food Colours to Rise at a CAGR of 6.8% Due to Stringent Regulations by Food Safety Authorities and Need for Clean Label Products
March 05, 2015 at 14:11 PM EST
London, UK -- (ReleaseWire) -- 03/05/2015 -- Future Market Insights (FMI), delivers key insights on the Natural Food Colours market in its recent report titled, "Global Natural Food Colours – Market Analysis and Opportunity Assessment, 2014 – 2020". According to the report, the overall food colours market is anticipated to grow at a healthy single-digit CAGR of 5.1% during the forecast period. Interestingly however, the natural food colours market is projected to grow by 2.8 times more than the synthetic food colours market and 2.1 times more than that of the caramel colours market. The global natural food colours market reached around US $ 1.14 Bn in terms of value in 2014.