1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 14
1.1.1 GLOBAL FOOD COLORANTS MARKET, BY TYPE 15
1.1.2 GLOBAL FOOD COLORANTS MARKET, BY APPLICATION 16
1.1.3 GLOBAL FOOD COLORANTS MARKET, BY REGION 17
2 MARKET INTRODUCTION
2.1 DEFINITION 18
2.2 SCOPE OF THE STUDY 18
2.3 RESEARCH OBJECTIVE 18
2.4 MARKET STRUCTURE 19
2.5 KEY BUYING CRITERIA 19
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 20
3.2 PRIMARY RESEARCH 21
3.3 SECONDARY RESEARCH 22
3.4 MARKET SIZE ESTIMATION 22
3.5 FORECAST MODEL 24
3.6 LIST OF ASSUMPTIONS 25
4 MARKET DYNAMICS
4.1 INTRODUCTION 26
4.2 DRIVERS 27
4.2.1 RISING DEMAND FOR NATURAL FOOD COLORS 27
4.2.2 GROWTH OF APPLICATION INDUSTRIES 27
4.2.3 DRIVERS IMPACT ANALYSIS 27
4.3 RESTRAINT 28
4.3.1 STRINGENT GOVERNMENT REGULATIONS 28
4.3.2 RESTRAINTS IMPACT ANALYSIS 29
4.4 OPPORTUNITIES 29
4.4.1 FOCUS ON R&D 29
4.5 CHALLENGES 30
4.5.1 NEGATIVE CONSUMER PERCEPTION OF SYNTHETIC COLORS 30
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS 31
5.1.1 RAW MATERIAL PROCUREMENT 32
5.1.2 PROCESSING 32
5.1.3 PACKAGING 32
5.2 SUPPLY CHAIN ANALYSIS 32
5.3 PORTER’S FIVE FORCES MODEL 33
5.3.1 THREAT OF NEW ENTRANTS 34
5.3.2 BARGAINING POWER OF SUPPLIERS 34
5.3.3 BARGAINING POWER OF BUYERS 34
5.3.4 THREAT OF SUBSTITUTES 34
5.3.5 INTENSITY OF RIVALRY 34
6 FOOD COLORANTS MARKET, BY TYPE
6.1 OVERVIEW 35
6.1.1 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY TYPE, 2022-2030 36
6.2 NATURAL 36
6.2.1 NATURAL: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 36
6.3 SYNTHETIC 37
6.3.1 SYNTHETIC: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 37
7 FOOD COLORANTS MARKET, BY APPLICATION
7.1 OVERVIEW 38
7.1.1 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2022-2030 39
7.2 BAKERY & CONFECTIONERY 40
7.2.1 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 40
7.3 DAIRY & FROZEN DESSERTS 41
7.3.1 DAIRY & FROZEN DESSERTS: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 41
7.4 BEVERAGES 42
7.4.1 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 42
7.5 SWEET & SAVORY SNACKS 43
7.5.1 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 43
7.6 MEAT, POULTRY & SEAFOOD PRODUCTS 44
7.6.1 MEAT, POULTRY & SEAFOOD PRODUCTS: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 44
7.7 OTHERS 45
7.7.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 45
8 GLOBAL FOOD COLORANTS MARKET, BY REGION
8.1 OVERVIEW 46
8.2 NORTH AMERICA 48
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.2.1 US 50
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.2.2 CANADA 51
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.2.3 MEXICO 52
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.3 EUROPE 53
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.3.1 GERMANY 55
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.3.2 UK 56
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.3.3 FRANCE 57
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.3.4 SPAIN 58
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.3.5 ITALY 59
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.3.6 REST OF EUROPE 60
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.4 ASIA-PACIFIC 61
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.4.1 CHINA 63
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.4.2 JAPAN 64
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.4.3 INDIA 65
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.4.4 AUSTRALIA & NEW ZEALAND 66
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.4.5 REST OF ASIA-PACIFIC 67
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.5 REST OF THE WORLD 68
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.5.1 SOUTH AMERICA 70
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.5.2 MIDDLE EAST 71
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
8.5.3 AFRICA 72
FOOD COLORANTS MARKET, BY TYPE
FOOD COLORANTS MARKET, BY APPLICATION
9 COMPETITIVE LANDSCAPE
9.1 INTRODUCTION 73
9.1.1 MARKET STRATEGY ANALYSIS 73
9.2 KEY DEVELOPMENTS & GROWTH STRATEGIES 73
9.2.1 PRODUCT LAUNCHES 73
9.2.2 MERGERS & ACQUISITIONS 74
9.2.3 EXPANSIONS 74
9.2.4 AGREEMENTS 74
10 COMPANY PROFILES
10.1 CHR. HANSEN HOLDING A/S 75
10.1.1 COMPANY OVERVIEW 75
10.1.2 FINANCIAL OVERVIEW 75
10.1.3 PRODUCTS OFFERED 76
10.1.4 KEY DEVELOPMENTS 78
10.1.5 SWOT ANALYSIS 79
10.1.6 KEY STRATEGIES 79
10.2 ARCHER DANIELS MIDLAND COMPANY 80
10.2.1 COMPANY OVERVIEW 80
10.2.2 FINANCIAL OVERVIEW 80
10.2.3 PRODUCTS OFFERED 81
10.2.4 KEY DEVELOPMENTS 81
10.2.5 SWOT ANALYSIS 82
10.2.6 KEY STRATEGIES 82
10.3 SENSIENT TECHNOLOGIES CORPORATION 83
10.3.1 COMPANY OVERVIEW 83
10.3.2 FINANCIAL OVERVIEW 84
10.3.3 PRODUCTS OFFERED 85
10.3.4 KEY DEVELOPMENTS 85
10.3.5 SWOT ANALYSIS 86
10.3.6 KEY STRATEGIES 86
10.4 DDW THE COLOR HOUSE 87
10.4.1 COMPANY OVERVIEW 87
10.4.2 FINANCIAL OVERVIEW 87
10.4.3 PRODUCTS OFFERED 87
10.4.4 KEY DEVELOPMENTS 88
10.4.5 SWOT ANALYSIS 89
10.4.6 KEY STRATEGIES 89
10.5 DÖHLER GROUP 90
10.5.1 COMPANY OVERVIEW 90
10.5.2 FINANCIAL OVERVIEW 90
10.5.3 PRODUCTS OFFERED 90
10.5.4 DÖHLER GROUP: KEY DEVELOPMENTS 90
10.5.5 SWOT ANALYSIS 91
10.5.6 KEY STRATEGIES 91 
10.6 KALSEC INC. 92
10.6.1 COMPANY OVERVIEW 92
10.6.2 FINANCIAL OVERVIEW 92
10.6.3 PRODUCTS OFFERED 92
10.6.4 KEY DEVELOPMENTS 93
10.6.5 SWOT ANALYSIS 93
10.6.6 KEY STRATEGIES 93
10.7 FRUTAROM INDUSTRIES LTD 94
10.7.1 COMPANY OVERVIEW 94
10.7.2 FINANCIAL OVERVIEW 94
10.7.3 PRODUCTS OFFERED 94
10.7.4 KEY DEVELOPMENTS 94
10.7.5 SWOT ANALYSIS 95
10.7.6 KEY STRATEGIES 95
10.8 DSM 96
10.8.1 COMPANY OVERVIEW 96
10.8.2 FINANCIAL OVERVIEW 96
10.8.3 PRODUCTS OFFERED 97
10.8.4 KEY DEVELOPMENTS 97
10.8.5 SWOT ANALYSIS 98
10.8.6 KEY STRATEGIES 98
10.9 NATUREX 99
10.9.1 COMPANY OVERVIEW 99
10.9.2 FINANCIAL OVERVIEW 100
10.9.3 PRODUCTS OFFERED 101
10.9.4 KEY DEVELOPMENTS 101
10.9.5 SWOT ANALYSIS 102
10.9.6 KEY STRATEGIES 102
10.10 KEVIN INDIA CO 103
10.10.1 COMPANY OVERVIEW 103
10.10.2 FINANCIAL OVERVIEW 103
10.10.3 PRODUCTS OFFERED 103
10.10.4 KEVIN INDIA CO: KEY DEVELOPMENTS 104
10.10.5 SWOT ANALYSIS 105
10.10.6 KEY STRATEGIES 105
11 REFERENCES
12 LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 21
TABLE 2 LIST OF ASSUMPTIONS 25
TABLE 3 LIST FOOD COLORS BANNED IN EUROPEAN COUNTRIES 28
TABLE 4 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY TYPE, 2022-2030 (USD MILLION) 36
TABLE 5 NATURAL: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 36
TABLE 6 SYNTHETIC: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 37
TABLE 7 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2022-2030 (USD MILLION) 39
TABLE 8 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 40
TABLE 9 DAIRY & FROZEN DESSERTS: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 41
TABLE 10 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 42
TABLE 11 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 43
TABLE 12 MEAT, POULTRY & SEAFOOD PRODUCTS: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 44
TABLE 13 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 45
TABLE 14 GLOBAL FOOD COLORANTS MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 47
TABLE 15 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030 (USD MILLION) 48
TABLE 16 NORTH AMERICA: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 49
TABLE 17 NORTH AMERICA: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 49
TABLE 18 US: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 50
TABLE 19 US: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 50
TABLE 20 CANADA: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 51
TABLE 21 CANADA: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 51
TABLE 22 MEXICO: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 52
TABLE 23 MEXICO: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 52
TABLE 24 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030 (USD MILLION) 53
TABLE 25 EUROPE: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 54
TABLE 26 EUROPE: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 54
TABLE 27 GERMANY: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 55
TABLE 28 GERMANY: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 55
TABLE 29 UK: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 56
TABLE 30 UK: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 56
TABLE 31 FRANCE: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 57
TABLE 32 FRANCE: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 57
TABLE 33 SPAIN: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 58
TABLE 34 SPAIN: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 58
TABLE 35 ITALY: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 59
TABLE 36 ITALY: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 59
TABLE 37 REST OF EUROPE: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 60
TABLE 38 REST OF EUROPE: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 60
TABLE 39 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030 (USD MILLION) 61
TABLE 40 ASIA-PACIFIC: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 62
TABLE 41 ASIA-PACIFIC: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 62
TABLE 42 CHINA: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 63
TABLE 43 CHINA: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 63
TABLE 44 JAPAN: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 64
TABLE 45 JAPAN: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 64
TABLE 46 INDIA: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 65
TABLE 47 INDIA: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 65
TABLE 48 AUSTRALIA & NEW ZEALAND: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 66
TABLE 49 AUSTRALIA & NEW ZEALAND: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 66
TABLE 50 REST OF ASIA-PACIFIC: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 67
TABLE 51 REST OF ASIA-PACIFIC: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 67
TABLE 52 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030 (USD MILLION) 68
TABLE 53 REST OF THE WORLD: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 69
TABLE 54 REST OF THE WORLD: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 69
TABLE 55 SOUTH AMERICA: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 70
TABLE 56 SOUTH AMERICA: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 70
TABLE 57 MIDDLE EAST: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 71
TABLE 58 MIDDLE EAST: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 71
TABLE 59 AFRICA: FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 72
TABLE 60 AFRICA: FOOD COLORANTS MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 72
TABLE 61 PRODUCT LAUNCHES 73
TABLE 62 MERGERS & ACQUISITIONS 74
TABLE 63 EXPANSIONS 74
TABLE 64 AGREEMENTS 74
TABLE 65 CHR. HANSEN HOLDING A/S: PRODUCTS OFFERED 76
TABLE 66 CHR. HANSEN HOLDING A/S: KEY DEVELOPMENTS 78
TABLE 67 ARCHER DANIELS MIDLAND COMPANY: PRODUCTS OFFERED 81
TABLE 68 SENSIENT TECHNOLOGIES CORPORATION: PRODUCTS OFFERED 85
TABLE 69 DDW THE COLOR HOUSE: PRODUCTS OFFERED 87
TABLE 70 DDW THE COLOR HOUSE: KEY DEVELOPMENTS 88
TABLE 71 DÖHLER GROUP: PRODUCTS OFFERED 90
TABLE 72 KALSEC INC.: PRODUCTS OFFERED 92
TABLE 73 KALSEC INC.: KEY DEVELOPMENTS 93
TABLE 74 FRUTAROM INDUSTRIES LTD: PRODUCTS OFFERED 94
TABLE 75 DSM: PRODUCTS OFFERED 97
TABLE 76 NUTAREX: PRODUCTS OFFERED 101
TABLE 77 NUTAREX: KEY DEVELOPMENTS 101
TABLE 78 KEVIN INDIA CO: PRODUCTS OFFERED 103
13 LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 13
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL FOOD COLORANTS MARKET, 2022. 14
FIGURE 3 GLOBAL FOOD COLORANTS MARKET ANALYSIS, BY TYPE 15
FIGURE 4 GLOBAL FOOD COLORANTS MARKET ANALYSIS, BY APPLICATION 16
FIGURE 5 GLOBAL FOOD COLORANTS MARKET ANALYSIS, BY REGION, 2022 17
FIGURE 6 GLOBAL FOOD COLORANTS MARKET: STRUCTURE 19
FIGURE 7 KEY BUYING CRITERIA FOR FOOD COLORANTS 19
FIGURE 8 RESEARCH PROCESS 20
FIGURE 9 TOP-DOWN & BOTTOM-UP APPROACHES 23
FIGURE 10 MARKET DYNAMICS OVERVIEW 26
FIGURE 11 DRIVERS IMPACT ANALYSIS: GLOBAL FOOD COLORANTS MARKET 27
FIGURE 12 RESTRAINTS IMPACT ANALYSIS: GLOBAL FOOD COLORANTS MARKET 29
FIGURE 13 GLOBAL FOOD COLORANTS MARKET: VALUE CHAIN 31
FIGURE 14 GLOBAL FOOD COLORANTS MARKET: SUPPLY CHAIN 32
FIGURE 16 GLOBAL FOOD COLORANTS MARKET, BY TYPE, 2022 (% SHARE) 35
FIGURE 17 GLOBAL FOOD COLORANTS MARKET, BY TYPE, 2022-2030 (USD MILLION) 35
FIGURE 18 GLOBAL FOOD COLORANTS MARKET SHARE, BY APPLICATION, 2022 (% SHARE) 38
FIGURE 19 GLOBAL FOOD COLORANTS MARKET SIZE, BY APPLICATION, 2022-2030 (USD MILLION) 38
FIGURE 20 GLOBAL FOOD COLORANTS MARKET, BY REGION, 2022-2030 (USD MILLION) 46
FIGURE 21 GLOBAL FOOD COLORANTS MARKET, BY REGION, 2022 (% SHARE) 47
FIGURE 22 NORTH AMERICA: FOOD COLORANTS MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 48
FIGURE 23 EUROPE: FOOD COLORANTS MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 53
FIGURE 24 ASIA-PACIFIC: FOOD COLORANTS MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 61
FIGURE 25 REST OF THE WORLD: FOOD COLORANTS MARKET SHARE, BY REGION, 2022 (% SHARE) 68
FIGURE 26 CHR. HANSEN HOLDING A/S: FINANCIAL OVERVIEW SNAPSHOT 75
FIGURE 27 CHR. HANSEN HOLDING A/S: SWOT ANALYSIS 79
FIGURE 28 ARCHER DANIELS MIDLAND COMPANY: FINANCIAL OVERVIEW SNAPSHOT 80
FIGURE 29 ARCHER DANIELS MIDLAND COMPANY: SWOT ANALYSIS 82
FIGURE 30 SENSIENT TECHNOLOGIES CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 84
FIGURE 31 SENSIENT TECHNOLOGIES CORPORATION: SWOT ANALYSIS 86
FIGURE 32 DDW THE COLOR HOUSE: SWOT ANALYSIS 89
FIGURE 33 DÖHLER GROUP: SWOT ANALYSIS 91
FIGURE 34 KALSEC INC.: SWOT ANALYSIS 93
FIGURE 35 FRUTAROM INDUSTRIES LTD: SWOT ANALYSIS 95
FIGURE 36 DSM: FINANCIAL OVERVIEW SNAPSHOT 96
FIGURE 37 DSM: SWOT ANALYSIS 98
FIGURE 38 NATUREX: FINANCIAL OVERVIEW SNAPSHOT 100
FIGURE 39 NATUREX: SWOT ANALYSIS 102
FIGURE 40 KEVIN INDIA CO: SWOT ANALYSIS 105