Drink Asia Drink Asia March April 2019 | Page 40

Market Update NATURAL FOOD COLOURS MARKET SURPASSES US$7.5 BILLION AS SYNTHETIC FOOD COLOURS LOSE FAVOUR H ealth-conscious consumers have consistently eschewed artificial/synthetic food colours, insisting on buying food products with natural food colours. The movement towards natural food ingredients pushed the natural food colours market to surpass US$ 7.5 billion in 2018, according to a Fact. MR study. The study predicts that the natural food colours market will continue to witness robust growth with a mounting number of consumers as well as industry players replacing artificial dyes with their natural counterparts. The customer-focused food industry is undergoing significant changes are consumers critically focusing on food ingredients to gauge their nutrition quotient. Manufacturers in the natural food colours market are picking up on the consumer move- away from synthetic food colours as well as artificially coloured food products to capture more sales opportunities. Drink Asia 40 March-April 2019