Global
Erythrosine Market: Overview
Colorants
are majorly used to enhance the attractiveness of the product so as
to give an appealing look to the customers. Food colouring agents are
significantly contributing to food & beverage industry due to
increase in demand for decorative and attractive food preparation
among consumers. Food colouring agents are widely used in commercial
and domestic food preparations. Erythrosine is an artificial red
colouring agent obtained from coal tar. Commonly referred as red dye,
erythrosine is composed of iodine and sodium compounds. Erythrosine
belongs to xanthene group which represents wide range of brilliant
fluorescent dyes ranging from yellow to bluish red. Erythrosine is
widely used in food and beverage, cosmetics and pharmaceutical
preparation to impart synthetic cherry-pink colour. Erythrosine is
also significantly used to enhance the appearance of home-made
decorative items. The purpose of erythrosine dye is to impart colour
to the food without adding any nutritional content to the food due to
its synthetic nature.
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Global
Erythrosine Market: Drivers and Restraints
Due
to increasing competitiveness, manufactures are focusing upon food
decorative products thereby, propelling the market for erythrosine.
Erythrosine is widely used in the manufacturing of candies and cake
decorative items. Moreover, it helps to maintain the flavour and
quality of the product over a prolonged period of time. Hence,
contributing to the growth of erythrosine market. Consumer’s
attraction towards processed and canned food products, is driving the
erythrosine market. Moreover, being synthetic in nature it can be
preserved for longer period of time and helps to impart the flavour
and colour to the products. Furthermore, synthetic dyes as
comparatively available at lower prices as compared to natural dyes.
Hence, impacting the manufacturing and product cost of the
erythrosine composed products. Thereby, influencing the consumer’s
buying behaviour towards erythrosine products. Apart from food
industry, erythrosine is widely used as disclosing agent in
dentistry, printing inks and in cosmetics.
However,
most of the processed food are rich in artificial dye thereby,
compromising upon the nutritional content of the diet. With
increasing health conscious behaviour, natural dye are gaining
traction among consumers. Hence, hampering the growth of erythrosine
market. Moreover, erythrosine has shown to have some adverse effect
on human health. Erythrosine is reported to have some cancer
promoting effects and also may cause irritation in skin, digestive
tract, respiratory tract and eyes when exposed to undiluted form. The
high dosage of erythrosine may lead to depression and lethargy. These
factors may restrain the market growth of erythrosine. Moreover, due
to its adverse side effects it is prohibited in USA and Norway
thereby, constraining the opportunities among erythrosine
manufacturers.
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Global
Erythrosine Market: Region wise Outlook
The
global erythrosine market is categorised into seven regions, namely,
Western Europe, Eastern Europe Middle East and Africa (MEA), Asia
Pacific excluding Japan (APEJ), , Japan Latin America and, North
America. Due to its adverse side effects on human health, erythrosine
is been banned in US by FDA. Thereby, resulting in decline of
erythrosine market in North America. Asia Pacific region accounts for
the major share of erythrosine market owing to increase in demand for
processed food products among consumers. Europe represents second
largest target market for erythrosine. With increasing demand for
decorative food products among consumers, is driving the erythrosine
market in Europe.
Global
Erythrosine Market: Key Players
Some
of the prominent players identified in the global erythrosine market
includes:
- Univar Colour
- Sigma-Aldrich Co.LLC.
- Dynemic Products Ltd.
- Food Ingredient Solutions LLC
- Parshwanath Dyestuff Industries
- Sun Food Tech.
- Kolor Jet Chemical Pvt. Ltd.
- BASF SE
- Jagson Colorchem Limited
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