Brilliant Black BN Colors Market Set to Reach USD 6.7 Million by 2032, Growing at a 2.7% CAGR | FMI

The global Brilliant Black BN Colors market size, valued at USD 5.11 million in 2022, is projected to reach USD 6.7 million by 2032, expanding at a steady CAGR of 2.7% during the forecast period from 2022 to 2032, according to the latest analysis by Future Market Insights (FMI). By volume, the market reported a consumption of 1200 metric tons globally in 2021.

Brilliant Black BN, also known by various names including Food Black 1 and Naphthol Black, is a synthetic black diazo dye that is water-soluble and widely used in the food and beverage industry. Its affordability and effectiveness in imparting intense, uniform color have made it a popular choice among manufacturers.

Key Drivers of Market Growth

  • Rising Demand for Confectionery and Dessert Products: The increasing consumer preference for visually appealing confectionery and dessert items has significantly driven the demand for Brilliant Black BN colors. The dye is extensively used in products such as cakes, pastries, cookies, biscuits, and savory snacks. The trend of ready-to-eat food products, fueled by rapid urbanization and changing lifestyles, further bolsters market growth.
  • Influence of Social Media: Social media platforms like Instagram and TikTok play a pivotal role in shaping food trends, with visually striking dishes gaining popularity. Brilliant Black BN colors enable food manufacturers to create unique and appealing products that cater to these trends, enhancing their market presence.
  • Cost-Effectiveness and Availability: Brilliant Black BN colors are more affordable and available in larger quantities compared to natural food colorants. This cost-effectiveness makes them a preferred choice in emerging and underdeveloped economies where awareness of organic food colors is still growing.

Challenges and Restraints

  • Stringent Regulations: Regulatory restrictions in countries like the USA, Switzerland, and Japan, where Brilliant Black BN colors are banned, pose significant challenges to market expansion. Despite its approval by the European Union, varying regulations across regions affect the market’s overall growth.
  • Health Concerns: Potential health risks associated with synthetic food colors, including Brilliant Black BN, lead to consumer hesitancy. The growing preference for natural ingredients further hampers the market’s growth prospects.

Regional Insights

The Asia-Pacific region, with a consumption of approximately 370 metric tons in 2021, holds a significant share of the global market. China, in particular, is a major market due to its large food processing industry. Key manufacturers like Hangzhou Dayangchem Co. Ltd. and San-Ei Gen F.F.I., Inc. have a strong presence in this region.

Europe remains a substantial market with sales exceeding 250 metric tons in 2021. The region’s stringent regulations and consumer awareness drive the demand for high-quality food colorants.

Emerging food processing industries in these regions continue to create promising growth opportunities for the Brilliant Black BN colors market. Brazil, for instance, recorded sales of USD 570,000 in 2021.

Market Opportunities and Competitive Landscape

  • Innovation and Product Development: Companies like Sensient Food Colors are investing in R&D to enhance the water solubility and heat stability of Brilliant Black BN colors, making them more attractive to end-users. Vinayak Ingredients Pvt Ltd. recently launched a new batch of the dye for use in decorations and confectionery coatings.
  • Strategic Partnerships and Expansions: Large manufacturers, including Sigma-Aldrich International GmbH, are acquiring innovative regional units and expanding their applications to sectors like pet foods and edible cosmetics.

Secure Your Copy Now: Gain full access to the Brilliant Black BN Colors Industry report, including Market Forecast, Company Share Analysis, Competitive Intelligence, DROT Analysis, Market Dynamics, Challenges, and Strategic Growth Initiatives.

Brilliant Black BN Colors Market By Category

On the basis of form:

  • Solid
  • Powder
  • Granulated

By 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

By Region:

  • Global
  • North America
  • Latin America
  • Europe, the Middle East and Africa, and India
  • Asia Pacific

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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