The global Food & Beverage Color Fixing Agents Market will be worth $5.27 billion USD by 2028, up from $2.97 billion USD in 2021. Between 2022 and 2028, the market is estimated to increase at a CAGR of 5.3%.
The study presents a global and regional overview and analysis of the food and beverage color-fixing agent industry.
The study delves deeply into the market’s competitiveness, restraints, revenue predictions, opportunities, shifting trends, and industry-confirmed statistics.
The analysis includes historical data from 2018 to 2021, as well as revenue predictions from 2022 to 2028.
Color Fixing Agents in Food and Beverage Market: Overview
Preservatives containing color-changing compounds are often employed in foods such as poultry, fish, bread, pork, and dairy. These products color food, diminish its flavor and keep microbes away. Additionally, food and beverage color-fixing chemicals are frequently utilized in the preparation of alcoholic and non-alcoholic beverages due to their antibacterial and antioxidant characteristics.
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The rising demand for meat, poultry, and fish products is a primary driver in the food and beverage color-fixing agents industry. Furthermore, from 2021 to 2028, the overall demand for food and beverage color-fixing agents is predicted to be driven by an increase in consumer expenditure as well as a quick change in consumer lifestyle.
Additionally, rising disposable income and increased demand for salt and cure meat will drive the global market for food and beverage color-fixing chemicals. Furthermore, the rapid expansion of the poultry and fish sectors, as well as the meat industry, is propelling the food and beverage color-fixing agents market forward.
Color Fixing Agents in Food and Beverage Market: Growth Drivers
The industry for food and beverage color-fixing chemicals will grow in the next years as fish output and consumption increase. As consumer purchasing increases and lifestyles change, the market will expand in the future years. Consumer eating patterns are changing, as is per capita income.
Food & Beverages Color Fixing Agents Market: Competitive Landscape
Key players impacting the growth of the food & beverages color fixing agents industry and profiled in study are Merck KGaA, American Elements, Airedale Chemicals, Spectrum Chemicals, Yara International ASA, Sonac USA LLC, Akzo Nobel NV, Aldon Corporation, Mitsubishi Chemical Corporation, and Old Bridge Chemicals.
The global Food & Beverages Color Fixing Agents Market is segmented as follows:
By Application
Dairy
Meat
Bakery
Poultry & Fish
Beverages
By Product
Potassium Nitrate
Potassium Nitrite
Sodium Nitrate
Sodium Nitrite
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
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