There is a school of bleached Becherdom which is - surprise surprise - strong in Germany. But then here in Scandinavia we have the sickly-green documentary style pioneered by J.H.Engström. And the USA has it's static documentary school of Alec Soth, Brian Ulrich et al, which has adopted the deadpan German look, but with a lusciousness of tone borrowed from Eggleston and Shore.
Jem Southam and Simon Norfolk are more suble than most, without descending into deadpan.
If there is a problem, it is that strong, bold colour seems to have been co-opted by the sentimental and commercial worlds. But there are exceptions even to that: Julian Thomas, Eric Fredine, David Maisel and Cig Harvey are all rather formal in their concerns, but all very different.
So I think you are wrong about what is out there. You may be more right when it comes to what is the current darling of the top-flight art scene, but that's more about fashion and the desire to sell a branded product than a reflection of the wider photographic world.