NATURAL DYES INDUSTRY INSIGHTS
The US Natural dyes market size was estimated at USD 725 million in 2020 and is expected to reach USD 1.5 billion by 2026, growing at a CAGR of 12% during the forecast period.
Following the outbreak of the COVID-19 pandemic, the US natural dyes market sets to make a comeback. The market demand expects to be driven by technological development and increased printing ink demand. Natural dyes' need is likely to stem from the increasing demand for quality, coupled with stringent government environmental regulations. The rising awareness of the use of organic dye is growing exponentially across North America, accounting for over 34% of the market share in 2020. In North America, the US accounts for 80% of the market share, as it is home to several well-known food & beverage, textile, cosmetics, and many other industries. The growing use of natural dyes highlights the adverse effect of synthetic materials and the wastage of water sources through traditional and conventional textile dyeing methods. South and West regions in the US expect to witness high growth during the forecast period as most manufacturing facilities are in these regions.
- Plant-based natural dyes expect to reach a revenue share of over USD 1.2 billion by 2026 due to increased health consciousness and sustainability practices.
- The food and beverage natural dyes market are likely to observe an incremental growth of over USD 455 million by 2026 because these increase flavor and offer natural coloring.
- The US cosmetic natural dyes market expects to grow approx. 11% during the forecast period due to the increasing popularity and awareness of organic, natural ingredients and sustainable production.
- West US projects to grow at the fastest CAGR over the forecast period on account of tax exemptions and the presence of food processing, dairy, milk, and honey production units.
- Vendors can boost profitability by practicing efficient production techniques that minimize product costs and mitigate associated risks.
NATURAL DYES MARKET SEGMENTATION
This research report includes a detailed segmentation by
INSIGHTS BY SOURCE
The plant-based natural dye market expects to grow at an absolute growth of over 104% between 2020 and 2026. These find the highest application in the textile sector. The use of mordants is common among plant-based dyes. Wood, stem, bark, roots, flowers, leaves, and fruits obtain from different parts of the plant are the major sources of these inks. Several drawbacks in synthetic dyes have led to the rise in demand for plant-based ones.
The animal-based dye market is likely to grow at a CAGR of over 12% during the forecast period. South and West regions in the US are expected to contribute incremental revenue of over $39 million and $26 million, respectively, by 2026. Animal-based dyes are primarily used to impart colors to food, beverages, cosmetics, and pharmaceutical products. Growth in environmental concerns and organic fabrics are expected to offer high growth opportunities for the manufacturers.
INSIGHTS BY END-USER
Natural dyes are finding increasing applications in the food and beverages segment to enhance the taste of food items. With the increase in health consciousness and increased awareness of synthetic colors' adverse effects, organic dyes' application is increasing in food and beverage products. The food & beverages US natural dyes market is expected to reach USD 874 million by 2026, growing at a CAGR of 13%.
The textile & leather segment accounted for the second-largest US natural dyes market share of 15% in 2020. Due to the absence of innovation, organic dyes have been highly suitable for the commercial-scale textile industry. With the rise in commercialization, synthetic dyes have rapidly replaced natural ones in the textile and leather industries. The cosmetic natural dyes industry is expected to witness an absolute growth of 86% in revenue by the end of 2026. The ongoing trend of using natural ingredients and sustainable production is likely to drive organic dyes in cosmetic and beauty products during the forecast period.
INSIGHTS BY GEOGRAPHY
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, Tennessee, Texas, US Virgin Islands, Virginia, and West Virginia are the most prominent natural dyes market, which accounts for nearly 38% of the total U.S. natural dyes market. Plant-based products are gaining high traction in the region due to the growing textile, and food & beverage industries. In recent years, organic cosmetics have gained increased popularity in Southern US. Women in the region mainly use skin care products as they are healthier, skin-friendly, and offer natural benefits. Moreover, the use of natural dyes in the Southern region's paper industry is increasing fast with large paper manufacturing companies. Eastover, Georgetown, and Riverdale are the largest paper producers. Thus, the adoption of organic dyes is high and is likely to offer increased foreign natural dye companies' opportunities.
INSIGHTS BY VENDORS
AMA Herbal Laboratories, Sodhani biotech, Renaissance Dyeing, Wild Colours expect to grow inorganically by acquiring regional or local players in the future. Further, companies with better technical and financial resources local companies holding large shares can develop innovative products, which could pose a threat to competitors’ products and make their product non-competitive or even obsolete before they can recover R&D and commercialization costs. Most natural dye is exported from several countries to meet the demand as there are comparatively fewer vendors in the market. Most companies in the US produce synthetic dyes. With the increasing demand for natural dye, the US market is expected to provide manufacturers high potential.
The US natural dyes market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:
- Food & Beverages
- Textile & Leather
- Cleaning Products