Why Particle Animator Color Animation Do not Applied to Game Object?

I have taken empty game object. After that simply i have added 3 component.

1)Ellipsoid particle Emitter

2)Particle Animator

3)Particle Renderer

In particle Animator i have given different color in color animation array via inspector. But it do not applied to my particle system. What can be the reason for that?

This is an old post but for me it was because I had the wrong shader attached to my particle system. In the material that you use for your particles, make sure that you choose a “particle” shader form the “shader” drop down menu.