1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network Food Colorant Market Size, Industry Analysis Report, Regional Outlook

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  These pigments and substances are mixed into foodstuffs and beverages to change or enhance the color. The product is commercialized in the form of powder, liquid, gels, and paste.  Based on application the market is segmented into Food & beverages, pet supplies, carbonates soft drinks, and other alcoholic & non-alcoholic drinks.  Food & beverages are later sub-segmented into soft drinks, confectionary, meat, oils & fats, fruits & vegetables, and dairy. Global processed food & beverage industry expansion owing to increase in consumer affordability has positively influenced food colorant demand. In 2016, industry witnessed over USD 300 billion spending on processed products increasing at over 20% CAGR. Other potential applications approved by FDA includes cosmetics and pharmaceuticals. Application of Food Colorant Market:

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global industry share is moderately consolidated in nature. BASF, CHR Hansen, Sensient Technologies, and DSM accounts for more than 50% of the industry share in 2016.  Other key industry players based on geographical presence and product portfolio includes Cargill, GNT Group, Naturex, DD Williamson, LycoRed, SAN- EI GEN F.F.I., Wild Flavors, and Sethness Products. Competitive Market Share of Food Colorant Market:

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