The global Annatto market is valued at 47 million US$ in 2017 and will reach 50 million US$ by the end of 2025, growing at a CAGR of 0.7% during 2018-2025.
Pune, India -- (SBWIRE) -- 06/22/2018 -- The report provides an exhaustive calculation of the Annatto comprising of industry chain structure, market drivers, opportunities, future roadmap, industry news analysis, industry policy analysis, market player profiles and strategies. The report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.
Complete report on Annatto market spread across 97 pages, profiling 11 companies and supported with tables and figures is now available @ http://www.deepresearchreports.com/648520.html .
With tables and figures helping analyze worldwide Annatto market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Companies profiled and studied for this Annatto market report include DDW, Hansen, FMC, WILD Flavors, Kalsec, Vinayak Ingredients, Aarkay Food Products, AICACOLOR, Biocon del Peru, Zhongda Biological, Guangzhou Qianyi.
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 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.
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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.
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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 global Annatto market is valued at 47 million US$ in 2017 and will reach 50 million US$ by the end of 2025, growing at a CAGR of 0.7% during 2018-2025.
The report is based upon arduous data analysis carried out by industry doyens. The all-inclusive analysis of these data provides an in-depth and detailed insight into the global Annatto market. The report further provides the new and existing players with information such as company profiles, facts and figures, product picture and specifications, sales, market share and contact information.
Major Points from Table of Contents
Charpter 1 – Annatto Market Overview
Charpter 2 – Global Annatto Competition by Players/Suppliers, Type and Application
Charpter 3 – United States Annatto (Volume, Value and Sales Price)
Charpter 4 – China Annatto (Volume, Value and Sales Price)
Charpter 5- Europe Annatto (Volume, Value and Sales Price)
Charpter 6 – Japan Annatto (Volume, Value and Sales Price)
Charpter 7 – Southeast Asia Annatto (Volume, Value and Sales Price)
Charpter 8 – India Annatto (Volume, Value and Sales Price)
Charpter 9 – Global Annatto Players/Suppliers Profiles and Sales Data
Charpter 10 – Annatto Maufacturing Cost Analysis
Charpter 11 – Industrial Chain, Sourcing Strategy and Downstream Buyers
Charpter 12 – Marketing Strategy Analysis, Distributors/Traders
Charpter 13 – Market Effect Factors Analysis
Charpter 14 – Global Annatto Market Forecast (2018-2022)
Charpter 15 – Research Findings and Conclusion
Charpter 16 – Appendix
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