Description
Agricultural Colorants Market size is valued at USD 50.9 billion in 2020 and is expected to reach USD 74.24 billion by 2027, at a CAGR of 5.54% during the forecast period 2021-2027. The increase in population leads to an increase in demand for food, an increase in demand from several applications in the agriculture industry. Moreover, the regulations to use colorants in pesticides treated seeds, for the differentiation between qualities of fertilizers and seeds, its use as a crop protection agent, the way they help to improve shelf-life by eliminating or reducing the growth of microorganisms that cause food decay and significant use of agricultural colorants in the food and beverage industry are driving the growth of the market over the forecast timeframe. This report studies global agricultural colorants market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities).