Delray Beach, Florida, Sept. 25, 2024 (GLOBE NEWSWIRE) — The Natural dyes market It is projected to grow from USD 4.8 billion in 2024 to USD 6.4 billion in 2029, at a CAGR of 5.7% during the forecast period, According to the recent study by MarketsandMarkets. The natural dyes market is driven by several factors including technological advancements, changing consumer behavior, favorable economic conditions, expanding applications across various industries, and rising demand. The increasing use of natural dyes in various end-use industries such as textile and leather industry, food and beverages, cosmetics and personal care, among others, is a major driver for the growth of the market. Food and beverage industry is the largest consumer of natural dyes due to the growing demand for natural products among shoppers concerned about the impact on health and the environment. As the trend towards healthier, more sustainable and environmentally friendly practices grows, the demand for natural dyes increases.
Browse the detailed table of contents on “Natural Dyes” Market”
210 – Market data tables
89 – Figures
220 – Pages
List of key players in natural dyes Market:
- Abbey Color (USA)
- AMA Herbal (India)
- Pylam Products Company Inc. (United States)
- Archroma (Switzerland)
- GNT Group (Netherlands)
- Colors of Stony Creek (United States)
- NIG GmbH (Germany)
- Givaudan (Switzerland)
- Dohler GmbH (Germany)
- Vegetable colours (France)
Drivers, constraints, opportunities and challenges in the natural dyes sector Market:
- Driver: Strict government regulations
- Restriction:High cost and accessibility of natural dyes
- Chance: Increasing use of natural colorants in pharmaceutical and personal care products
- Challenge: Scalability problem of natural dyes
Main findings of the study:
- Dyeing and coloring was the largest application segment of the natural dyes market in 2023, in terms of value.
- Asia Pacific was the fastest growing natural dyes market in value terms.
- Plant-based dyes are projected to be the fastest growing type of natural dyes, in terms of value, during the forecast period.
- Powdered dyes are the largest type of natural dye in terms of value.
Based on type, the natural dyes market has been segmented into plant-based dyes, animal-based dyes, and mineral-based dyes. Plant-based dyes are obtained from leaves, fruits, barks, flowers, pods, and blossoms. These dyes are extracted from various plants such as henna, indigo, turmeric, onion peels, and others. Natural animal-based dyes are derived from insects and mollusks; cochineal, which offers a bright red color, and Tyrian purple, derived from some mollusks and gives a historical color. These dyes are famous for their deep hues and historical use. Mineral dyes are derived from natural minerals and earth deposits such as ochre, which produces a warm yellow to brown color, and malachite, which gives green hues. These dyes provide a wide range of colors and promote sustainable practices. Their properties and environment-friendly nature make them a preferred choice in food and beverage, textile, leather, and other end-use industries.
Based on end-use sector, the natural colorants market has been segmented into food and beverages, cosmetics and personal care, pharmaceuticals, pulp and paper, packaging, stationery and art, among others. Natural colorants are becoming popular in almost all industry sectors due to their eco-friendly, variable and non-hazardous nature. In the food and beverage segment, these colorants provide natural and harmless coloration for products such as confectionery and beverages. In the cosmetics and personal care industry, natural colorants used in cosmetics such as lip tints and hair dyes appeal to consumers looking for organic alternatives. In the pharmaceutical sector, these colorants are used to color capsules, tablets and other forms.
Get 10% Personalization on this Report:
Asia Pacific is the fastest growing market for natural dyes. The market size in the Asia Pacific region is expected to reach USD 1.9 billion, registering a CAGR of 6.2% from 2024. The demand for these dyes is continuously increasing due to several important factors. First, growing consumer awareness and preferences for sustainability are driving the demand for eco-friendly dyes. Furthermore, the region’s booming textile industry, which is a world leader in production and export, is increasingly adopting natural dyes to meet international standards and consumer preferences for sustainable and organic products.
Explore adjacent markets: Specialty Chemicals Market Research and consulting reports
Related reports:
- Industrial lubricants market
- Phase Change Materials Market
- Pressure Sensitive Adhesives Market
- Powder Coating Market
- Sulfur-based micronutrients market
- Food coloring market
About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets Inc. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 USA : 1-888-600-6441 UK +44-800-368-9399 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.