openPR Logo
Press release

Annatto Market Size and Growth Worldwide till 2026 !

The global annatto market size is projected to reach USD 283.62 million by the end of 2026. Recent developments in the methods used to cultivate annatto seeds will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled "Annatto Market Size, Share & Industry Analysis, By Type (Oil-soluble Annatto, Water-soluble Annatto, and Emulsified and Solvent-extracted Annatto), Application (Food Industry, Natural Fabric Industry, Cosmetic Industry, and Others), and Regional Forecasts, 2019 - 2026," the market was valued at USD 186.14 million in 2018. Driven by high product demand, the market will exhibit a CAGR of 5.38% from 2019-2026.

Browse Summary of this Report:

Some of the leading companies that are operating in the global market are:

o Givaudan SA
o Archer Daniels Midland Company
o Chr. Hansen Holding A/S
o Sensient Technologies Corporation
o Kalsec Inc.
o Dohler Group
o Dairy Connection, Inc.
o IFC Solutions
o Biocon Colors
o Aarkay Food Products Ltd

Annatto is a naturally derived substance that is widely used in food products. Product is used by major food companies, hotels, and other restaurants across the world. It is used to enhance the color and visual appearance of the food. The demand for visually appealing food will create several opportunities for the companies operating in the market. Besides food coloring, the product is used to induce value-added properties in several foods.

The increasing demand for annatto will constitute an increase in the global annatto market size in the forthcoming years. Besides the food enhancing properties, it is found that annatto has minimum side effects on the human body, as a result of which it is being widely adopted by major retail chains and hotels across the world.

The report provides an in-depth analysis of the global annatto market. It highlights the latest products and innovations in the market and states their impact on the growth of the market on a global scale. The competitive landscape has been discussed in detail and predictions are made with respect to leading companies and major products. Moreover, these predictions are made on the basis of extensive research analysis methods, coupled with the opinions of experienced market research professionals. Forecast values have been provided for the market for the period of 2019-2026. The factual figures have been obtained through trusted sources.

Growing Demand for Oil-soluble Annatto Will Have a Huge Impact on the Growth of the Overall Market

The report encompasses several factors that have contributed to the growth of the market in recent years. The growing demand for oil-soluble annatto, attributing to its exceptional properties, will have a direct impact on the growth of the market in the coming years. Exceptional properties of the product, including its ability to gel without forming lumps will lead to a wider product adoption. The growing applications of annatto in the food and beverage industry for dairy and meat products will subsequently lead to an increase in the demand for the product.

Get Sample PDF Brochure:

Major Segmentation includes;

By Type

o Oil-Soluble Annatto
o Water-Soluble Annatto
o Emulsified and Solvent-extracted Annatto

By Application

o Food Industry
o Natural Fabric Industry
o Cosmetic Industry
o Others

By Region

Increasing Production of Annatto Will Aid Growth of the Market in Europe and North America

The market has been segmented on the basis of regional demographics into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, Europe and North America will emerge leading in the coming years. The increasing cultivation of annatto seeds and advances in cultivation methods will fuel the demand for the product in these regions. Besides these regions, the market in Asia Pacific will exhibit a high CAGR in the coming years, owing to the demand for clean-labelled products in several countries across this region.

Key Industry Developments:

February 2019: Frutarom Natural Solutions received organic certification for its natural color annatto from the US Department of Agriculture and The European Organic Certifiers Council.

Order a Single or Corporate User License Copy:

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Linkedin | Twitter | BLogs

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Annatto Market Size and Growth Worldwide till 2026 ! here

News-ID: 1937461 • Views: 141

More Releases from Fortune Business Insights(TM)

RTD Coffee Market: How the Business Will Grow in 2026 ? Prominent Players: Pepsi …
The global RTD coffee market boasts an unparalleled distribution channel in the Asia Pacific, which as per Fortune Business Insights is a key factor supporting its expansion in the region. In its report, titled "Ready to Drink Coffee Market Size, Share and Industry Analysis By Packaging Material (Glass and PET Bottles, Cans), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail), and Regional Forecast 2018-2025", Fortune Business Insights has found that
Why the Probiotics Market is set to explode? Top Companies: o Danone S.A., Lalle …
According to the recent report published by Fortune Business Insights, titled "Probiotics Market Size, Share and Global Trend By Microbial Genus (Lactobacillus, Bifidobacteria, Yeast), By Application (Functional Food and Beverage, Dietary Supplement, Animal Feed), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Convenience Stores, Online Retail), and Geography Forecast till 2025," the market was valued at USD 42.55 billion in 2017 and is projected to reach USD 74.69 billion by the end
COVID-19 Impact on Abrasives Market in 2020 - Know the Forecast Demand till 2026 …
Abrasives Market Drivers, Influencer and Restraints The increasing demand for abrasives in the automotive industry will have a positive impact on the abrasives market growth. Moreover, coated and non-woven abrasives are both used to refinish auto bodies. Therefore, the surge in the sales of automobiles will boost the abrasives market revenue during the forecast period. Furthermore, the growing auto-export in countries such as India will fuel demand abrasives in the
Plastics Market Affects due to Coronavirus Pandemic | Know The Short and Long-Te …
Fortune Business Insights(TM) recently published a research report titled, "Plastics Market, Share & Industry Analysis, By Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Polyurethane, Polystyrene, and Others), By End-Use Industry (Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics, Textile, and Others), and Regional Forecast, 2019-2026". Global Plastics Market Recent Growth Factors, Trends, Size, Share and Forecast to 2026The report

All 5 Releases

More Releases for Annatto

Annatto Regulations and Competitive Landscape Outlook to 2025
The global Annatto Extract market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.This report focuses on Annatto Extract volume and value at global level, regional level and company level. From a global perspective, this report represents overall Annatto Extract market size by analyzing historical data and future prospect. Regionally, this report focuses on
Annatto Market Trends and Forecast 2028
Global Annatto Market: Outlook The global market has witnessed a rise in the demand for natural food ingredients and colorants, which can be attributed to the increasing consumer demand for naturally-derived and safer food ingredients. Color additives reinforce the colors already present in the food and ensure uniformity of the food from season to season and batch to batch. Over the years, the natural colorant market has evolved and has come
Annatto Extract Market Expansion to be Persistent During 2027
Annatto is a natural color and spice which is derived from achiote shrub. Annatto is widely used as a food color and dye, which also acts as a good taste enhancer. Annatto is a pigment or a coloring agent produced from the red seeds of the achiote, i.e., Bixa Orellana, the tropical tree. It is a fruit having heart shape and is covered with hairs. The red seeds are thus
Annatto Market Regional Forecast 2022
Based on the Annatto industrial chain, this report mainly elaborate the definition, types, applications and major players of Annatto market in details. Deep analysis about market status (2012-2017), enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends (2017-2022), regional industrial layout characteristics and macroeconomic policies, industrial policy has also be included. From raw materials to downstream buyers of this industry will be analyzed scientifically, the feature of
Annatto Extract Market Forecast and Segments, 2017 – 2027
Annatto is a natural color and spice which is derived from achiote shrub. Annatto is widely used as a food color and dye, which also acts as a good taste enhancer. Annatto is a pigment or a coloring agent produced from the red seeds of the achiote, i.e., Bixa Orellana, the tropical tree. It is a fruit having heart shape and is covered with hairs. The red seeds are thus
Trends in the Annatto Market 2017-2027
Annatto is the dried seed derived from Bixa Orellana L. Annatto plant which is mostly grown in tropical countries. Annatto is primarily used as a condiment and food coloring in food industry and also have application in textile and cosmetic industry. Annatto is used to impart red or orange color in the food products, it is depends upon the form of usage. Demand for annatto is increasing in the global