Food & beverages industry is expected to drive the demand in the global natural dye market
Arizton’s recent market research report on the global natural dye market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study offers detailed segmentation by types (animal-based, mineral-based, and plant-based dyes), end-users (cosmetics, food and beverage, pharmaceutical, textile and leather, and others), and geography (APAC, Europe, North America, Latin America, and MEA).
The global natural dye market is expected to generate revenues of approximately $5 billion by 2024, growing at a CAGR of around 11% during 2018−2024.
The shift toward environment-friendly products, coupled with increased consumer spending, is likely to be a key factor for the growth of the natural dye market. The food & beverages segment, which is the dominant natural dye end-user, is expected to drive the demand for natural dyes in the market.
The global natural dye market is divided into three major segments - type, end-user, and geography.
Plant-based natural dye segment to grow at a significant CAGR
Flowers and flower heads are the most significant natural dye sources, and they account for almost 25% of dyes used in textile coloring. The growing awareness about the harmful effects of synthetic dyes is driving industries and regulatory bodies worldwide to produce natural colors. A coloring agent of natural plant dye has a non-toxic and eco-friendly nature and exhibits medicinal properties. The textile sector is one of the major users of natural dyes. Natural dyes are obtained from different parts of the plant, including wood, stem, bark, roots, flowers, leaves, and fruits. Birch, Bed-straw, Indigo, and Hornbeam are some of the notable plant-based dyes.
Food & beverage segment to grow at significant revenue
The trend of purchasing eco-friendly products largely shaped the global market landscape in 2018. Industries have set targets to reduce their carbon footprint and decrease environmental pollution; therefore manufacturers are increasing the purchase of natural and organic raw materials such as natural fabric dyes and natural food coloring substances. The rise in environment protection consciousness among manufacturers is the major factor favoring market growth.
The food and beverages industry employs both artificial and natural colorants to manufacture products. The natural dyes used in food coloring are extracted from natural sources, including seeds, fruits, leaves, vegetables, algae, minerals, and insects.
The rise in the food industry has increased the demand for natural food ingredients, natural coloring agents, and additives.
However, there are a few constraints to the usage of natural food dyes, which include unappetizing appearance, limited usage, lack of color stability, and fading.
North America market to witness impressive revenue growth during the forecast period
Europe and North America account for the largest consumption of natural dyes due to the rising propensity of consumers to consume natural and organic products. Native Americans used natural dyes derived from plants and animal sources to color their clothes, surroundings, and bodies. North America benefits from the presence of several regulatory bodies in the natural dyes market and it has the power to steer the market with high consumer potential. Consumers are also becoming increasingly aware of their environmental responsibility that directly influences their purchasing decisions; therefore, they do not shy away from paying a premium for natural and organic products.
The plant-based natural dyes segment is expected to account for the largest share in North America during the forecast period. The growth of natural beverage products with cleaner labels favors the outcome for the natural dyes industry.
In Canada, a large portion of natural dyes is consumed by individual hobby consumers and small-scale business setups that use natural dye to color their products and reduce dependence on artificial colorants available in the market.
Abbey Color, AMA Herbal Laboratories, Aura Herbal Textiles, Maiwa, Pylam Products Company, Sun Food Tech, GNT, Stony Creek Colors, NIG Food Engineering, Couleurs de Plantes, Aurora Silk, Earthues, Wild Colours, Renaissance Dyeing, Ashford Handicrafts, Sam vegetable Colours, Green matter Natural Dye, Shiva Exim, and Biodye are the prominent players in the global natural dye market.
The complete overview of the latest market research report on the global natural dye market by Arizton is now available.
The report also offers a detailed study of major trends, drivers, challenges and offers market sizing and forecast for major geographical regions.
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