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Quinoline Yellow WS Market is Projected to Reach at US$ 28.5 Mn in 2022 and expand at a CAGR of 3.9% by the End of 2032 | | Future Market Insights, Inc.
DUBAI, United Arab Emirates, Aug. 03, 2022 (GLOBE NEWSWIRE) — As per Future Market Insights’ latest industry analysis, the global quinoline yellow WS market is projected to reach a valuation of US$ 28.5 Mn in 2022. It is anticipated to grow at a CAGR of 3.9% between 2022-2032.
As per FMI, demand for quinoline yellow WS is expected to be approximately 3050 metric tons by 2032. Products containing quinoline yellow are widely used in processed commercial foods to provide them with an artificial yellowish-green color. Quinoline yellow WS is also added to food items to enhance their naturally occurring colors, make them more attractive, and allow consumers to identify them from afar.
Also known as food yellow 13, quinoline yellow WS is expected to showcase high demand on the back of rising need for exotic-looking food items. Increasing use of various social media platforms worldwide is set to encourage consumers to purchase aesthetically appealing food and beverages.
However, as people are becoming more aware of food ingredients that they consume, need for natural ingredients is rising, which would lead to a shift towards organic food colors from synthetic ones. It may hamper the demand for quinoline yellow WS in the next decade.
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Besides, high level of competition from natural turmeric-based colorant manufacturers, product bans in the U.S. and Canada, and risks of dye allergies may obstruct sales of quinoline yellow WS in the forthcoming years.
Key Takeaways: Quinoline Yellow WS Market
- Sales of quinoline yellow WS reached about 2030 metric tons in 2021 and its demand is expected to fall between the range of 3000 to 3100 metric tons by 2032.
- The Asia Pacific quinoline yellow WS market is expected to register 4.2% CAGR between 2022 and 2032.
- Demand for quinoline yellow WS is expected to grow at 3.7% CAGR between 2022 and 2032 in Europe.
- The China quinoline yellow WS market is anticipated to register a sluggish 2.3% CAGR during the forecast period of 2022 to 2032.
- In the historical period (2017-2021), the global quinoline yellow WS market showcased a CAGR of 2.5%.
“Key companies operating in the global quinoline yellow WS market are expected to generate more profits by targeting energy drinks, cereals, cakes, pastries, flavored milk, ice-creams, jellies, and licorice sub-segments. They are also planning to establish strategic alliances with regional food and beverage brands to expand their geographic footprint,” says a Future Market Insights analyst.
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Competitive Landscape: Quinoline Yellow WS Market
Some of the prominent players present in the global quinoline yellow WS market include Merck KGaA, Vijay Chemical Industries, Salvi Chemical Industries, Neelikon Food Dyes & Chemicals, Symrise, Sigma-Aldrich Co. LLC., and Shanghai Dyestuffs Research Institute Co. Ltd., among others.
Key companies are expanding their distribution channels to get ahead in the highly competitive quinoline yellow WS market. Many small-scale regional chemical companies are also expected to join hands with international firms to co-develop new products.
Explore More Valuable Insights on Quinoline Yellow WS Market
Future Market Insights, in its new report, offers an impartial analysis of the global quinoline yellow WS market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on purity (up to 99%, above 99%), solubility (lakes, dyes), and application (beverage, bakery, snacks & cereals, candy/confectionery, dairy, fruit preparations/fillings, meat, poultry, fish, & eggs, potatoes, pasta & rice, sauces, soups & dressings, seasonings, pet food) across seven major regions of the world.
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Quinoline Yellow WS Market Outlook By Category
By Purity:
- Up to 99%
- Above 99%
By Solubility:
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
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Food & Beverage Division at Future Market Insights
The food & beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
3.5. Value Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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