Natural Pigment Market 2018 – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023
The global natural pigment industry market is anticipated to grow at a higher CAGR in the forthcoming period. This report includes detailed overview on Natural Pigment Market 2018 – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023.
Dallas, United States – June 21, 2018 /MarketersMedia/ —
The global natural pigment industry market is anticipated to grow at a higher CAGR in the forthcoming period. Natural pigments are carbon based particulate solids produced by natural and synthetic sources. These are obtained from plants and animals whereas synthetic pigments are derived from petroleum composites. On the other hand, natural colorants derived from plants have gained a wide popularity owing to consumers’ health consciousness. Commercial methods such as maceration, hydro distillation are traditional methods adopted by the industry whereas on the on the other hand, pressurized liquid extraction, ultrasound-assisted extraction, enzyme assisted extraction have emerged as viable solutions to conventional methods.
Natural colorants on textiles relevant to isotherms and kinetic models for dyeing of textiles. Eco-friendly and naturally non-toxic occurring bio-colorants have gained a wider prominence and emerged as a subsequent substitute in green chemistry.
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In The News:
As per the news, the University of Arizona is developing two-faculty drug compounds that helps people from skin cancer and sunburns, thus enhancing the skin’s natural color. The chemical compounds developed by professors and have recently received licenses for MCR therapeutics. The peptides developed by professors target melanocortin receptors that excite skin cells responsible for melanin production. Melanin is responsible for skin color that safeguards the skin from harmful UV rays. Alone in the United States, more than 3 million cases of skin lesions are registered.
Market Drivers and Restraints:
Natural pigment industry market is driven by factors such as rising use of natural pigment in plastic, paint coatings and textile industries. Rise in number of textile industries and rising demand for plastic products is anticipated to bolster the demand for organic pigments. In addition, use of natural pigments for its added and enhanced features is likely to gain a positive traction in the forthcoming period. Rising demand in emerging economies, regulation and environment concerns are likely to sum up for significant market growth. However, price variation, environmental regulations and shortage of raw materials are likely to create a hindrance for market growth in the forecast period upto 2023.
Product segmentation for natural pigment industry market includes,
• Monascus Colour
• Capsanthin
• Lutein
Geographical segmentation for natural pigment industry market includes,
• North America
• Europe
• India
• China
• Japan
• SouthEast Asia
The prominent players in the natural pigment industry market include,
• CHRHANSEN
• Sensient
• Synthite
• Plant Lipids
• AVT
• San-Ei-Gen
• Akay Flavous and Aromatics
• D.D. Williamson
• BASF
• DSM
• Extractors
• Naturex
• Kalsec
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You will find following details in this report:
In the Global Natural Pigment Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
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