Natural Food Colors Market to be Worth $3.74 Billion by 2031

According to the latest publication from Meticulous Research®, the global natural food colors market is projected to reach $3.74 billion by 2031, at a CAGR of 6.8% during the forecast period 2024–2031. Key factors driving the growth of this market include the rising demand for organic food products, increasing preference for clean-label food products, the need to boost the appeal of food & beverages, and advances in microencapsulation technology for natural colors. However, the high cost associated with natural food colors and stringent regulations pertaining to their use is expected to restrain the market’s growth.