Annatto Market Outlook to 2026: Emerging Trends and Will Generate New Growth Opportunities Status
Report marketgrowthreports.com latest publication, Annatto Market Research Report 2020, what’s more, offers a wise interpretation of the drivers and limitations present in the market. It evaluates the verifiable information involving to the Annatto market and looks at it to the present market patterns to give the checks a definite investigation of the direction of the market. A group topic specialists have given the subjective and quantitative information about the market and the different components related with it. Moreover, this report incorporates a precise serious investigation of significant market players and their systems during the projection course of events.
Annatto is an orange-red condiment and food coloring derived from the seeds of the achiote tree. It is often used to impart a yellow or orange color to foods, but sometimes also for its flavor and aroma. The color of annatto comes from various carotenoid pigments, mainly bixin and norbixin, found in the reddish waxy coating of the seeds. ,
Annatto Market competition by Top Countries manufacturers/ Key player Data Profiled:
DDW,Hansen,FMC,WILD Flavors,Kalsec,Vinayak Ingredients,Aarkay Food Products,AICACOLOR,Biocon del Peru,Zhongda Biological,Guangzhou Qianyi,
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Annatto Market Segment by Type covers:
Annatto Market Segment by Applications can be divided into:
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Annatto is a kind of natural colors that will replace all chemical origin raw materials with eco-sustainable natural solutions. Annatto is, for the most part, commercially grown for its dye product. Virtually any yellow or orange food product may be successfully colored with annatto, which also acts as an antioxidant and can often improve the stability of a product. Annatto is especially suited for coloring dairy products such as cheese, ice cream and yogurt, and finds further applications in popcorn (oil/butter), confectionary products, snack foods, dry mixes and soft drinks., Annatto is extracted from the orange coloured outer coat surrounding the seeds of the shrub Bixa orellana. This plant is native to South America, India, East Africa, the Caribbean and Philippines. Two types of commercial annatto of different shades are available: an oil soluble extract containing bixin, and a water soluble extract containing norbixin as major pigment. , World consumption, estimated at about 654 MT of annatto in 2011, has been rapidly enhanced to 789 MT per year in 2015. Out of this 24.2% from North America, 21.92% from Europe and 18.40% from Japan in 2015, the global annatto consumption market is led by North America. Europe is the second-largest region-wise market. At present, the major manufacturers of annatto are concentrated in DDW, Hansen, FMC, WILD Flavors, Kalsec, Vinayak Ingredients, Aarkay Food Products, AICACOLOR, Biocon del Peru, Zhongda Biological and Guangzhou Qianyi., In application, annatto downstream is wide and recently annatto has acquired increasing significance in various fields of food dye industry, fabric industry, cosmetic industry and others. Globally, the annatto market is mainly driven by growing demand for natural and ecofriendly dyes. Food industry accounts for nearly 60.93% of total downstream consumption of annatto in global., In the future, annatto production will show a trend of steady growth. In 2022 the consumption of annatto is estimated to be 942 MT. On product prices, the slow downward trend in recent years will maintain in the future., The worldwide market for Annatto is expected to grow at a CAGR of roughly 0.6% over the next five years, will reach 49 million US$ in 2024, from 47 million US$ in 2019, according to a new GIR (Global Info Research) study.This report focuses on the Annatto in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.,
Regional analysis covers:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The report provides an in-depth knowledge of the Global Annatto market scenario:
- Market Overview
- Market Analysis by Regions
- Market Dynamics & Companies Profiles, Business Overview
- Data Source
- Research Findings and Conclusion
- Market trends & developments
- Company profiles of leading companies
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Annatto market in 2025 is also explained. Additionally, type wise and application wise consumption tables and figures of Annatto market are also given.
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