Spain Food Colors Market Size & Outlook, 2023-2030
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Spain food colors market highlights
- The Spain food colors market generated a revenue of USD 82.9 million in 2023 and is expected to reach USD 118.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, natural was the largest revenue generating type in 2023.
- Natural is the most lucrative type segment registering the fastest growth during the forecast period.
Food colors market data book summary
| Market revenue in 2023 | USD 82.9 million |
| Market revenue in 2030 | USD 118.1 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic, Nature-identical, Caramel |
| Key market players worldwide | Basf SE, Cargill, DuPont de Nemours Inc, Givaudan SA, Koninklijke DSM NV, Chr. Hansen, EXBERRY, LycoRed |
Other key industry trends
- In terms of revenue, Spain accounted for 2.7% of the global food colors market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany food colors market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 339.2 million by 2030.
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Food Colors Market Scope
Food Colors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| EXBERRY | View profile | 101-250 | Derby, Derby, United Kingdom, Europe | https://exberry.com/ |
| Chr. Hansen | View profile | 10001+ | Hørsholm, Hovedstaden, Denmark, Europe | http://www.chr-hansen.com/en |
| LycoRed | View profile | 251-500 | Beersheba, HaDarom, Israel, Asia | https://www.lycored.com/ |
| Givaudan SA | View profile | 16263 | Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 | https://www.givaudan.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
Spain food colors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food colors market will help companies and investors design strategic landscapes.
Natural was the largest segment with a revenue share of 38.96% in 2023. Horizon Databook has segmented the Spain food colors market based on natural, synthetic, nature-identical, caramel covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Spain food colors market databook
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Our clientele includes a mix of food colors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain food colors market , including forecasts for subscribers. This country databook contains high-level insights into Spain food colors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain food colors market size, by type, 2018-2030 (US$M)
Spain Food Colors Market Outlook Share, 2023 & 2030 (US$M)
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