The global sunset yellow FCF market is projected to reach a market valuation of US$ 74.7 Mn in 2022 and US$ 150 Mn in 2032, exhibiting a CAGR of 6.25% between 2022 and 2032. The ability of sunset yellow FCF to give the right colors and better stability than the natural additives and rising applications in food and beverages industry are pushing the demand for sunset yellow FCF globally.
Over the years, demand for synthetic food colors such as sunset yellow FCF has grown at a significant rate owing to their rising usage in food products, beverages, pharmaceuticals, animal feed, etc. These artificial colors are highly effective and can quickly provide vivid and consistent colour to foods and beverages. Furthermore, they are easily miscible in the solution.
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Sunset Yellow FCF, also known as orange-yellow S, is a petroleum-based acid orange azo dye which is being increasingly used in foods and beverages. Moreover, it can also be used in conjunction with E123, amaranth, to produce a brown coloring in both chocolates and caramel.
Growing consumer inclination towards aesthetic or more appealing food products is expected to provide a strong thrust to the growth of sunset yellow FCF market during the forecast period. Food and beverage manufacturers utilize sunset yellow FCF to improve the appeal of their products. Different beverage items, such as soda, energy drinks, and soft drinks will appear to be colorless if sunset yellow color is not added to them during the manufacturing process.
Key Takeaways from Market Study
- By application, bakery, snacks, and cereals segment accounts for over 21.8% share of the global market while the soups, sauces, and dressings segment is expected to grow at a robust CAGR of 7.2% during the forecast period
- The Asia-Pacific sunset yellow FCF market exhibited sales of 2500 metric tons by volume and is expected to grow at 6.5% CAGR between 2022 and 2032.
- Demand for Sunset Yellow food colors in EMEAI market is expected to grow at 5.9% CAGR between 2022 and 2032.
- The North American market recorded sales of USD 23.5 Mn and is expected to register a 4.9% CAGR during the assessment period of 2022 and 2032.
- Sunset yellow FCF market in Germany reached around US$ 4.5 Mn in 2022.
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“Sunset yellow FCF producers will gain significantly by targeting the decorative food start-ups in the food processing industry. Foraying into emerging economies and establishing strategic alliances with global processing industries will also help sunset yellow FCF brands to increase their revenue share,” says a Future Market Insights analyst.
Competitive Landscape
Sunset yellow FCF manufacturers are establishing strategic alliances with packaged food brands and food processing industries. They are also investing in research and development to foray into other industries like cosmetics and personal care.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global sunset yellow FCF market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on type (powder, lakes, dyes), and application (beverage, bakery, snacks, and cereals, candy/ confectionery, dairy, fruit preparations/ fillings, meat, poultry, fish, and eggs, potatoes, pasta, and rice, sauces, soups, and dressings, seasonings, pet food), across seven major regions of the world.
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