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The future of the food color market looks promising with opportunities in the beverages, bakery and confectionery, dairy products, and meat products industries. The global food color market is expected to grow with a CAGR of 8% from 2019 to 2024. The major drivers for this market are growing demand for natural colors, increasing awareness for clean-label products, rising need to enhance product appeal, and growing research and development activities in food industry.
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