Report Detail
Global Annatto Market Insights, Forecast to 2025
- RnM3036394 |
- 28 February, 2019 |
- Global |
- 119 Pages |
- QYResearch |
- Other
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.
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.
Global Annatto market size will increase to 50 Million US$ by 2025, from 47 Million US$ in 2018, at a CAGR of 0.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Annatto.
This report researches the worldwide Annatto market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Annatto breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
DDW
Hansen
FMC
WILD Flavors
Kalsec
Vinayak Ingredients
Aarkay Food Products
AICACOLOR
Biocon del Peru
Zhongda Biological
Guangzhou Qianyi
Annatto Breakdown Data by Type
Oil-Soluble Annatto
Water-Soluble Annatto
Emulsified Annatto
Annatto Breakdown Data by Application
Food Industry
Natural Fabric Industry
Cosmetic Industry
Others
Annatto Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Annatto Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Annatto capacity, production, value, consumption, status and forecast;
To focus on the key Annatto manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Annatto :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
Global Annatto Market Research Report 2019-2025, by Manufacturers, Regions, Types and Applications
1 Study Coverage
- 1.1 Annatto Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Annatto Market Size Growth Rate by Type
- 1.4.2 Oil-Soluble Annatto
- 1.4.3 Water-Soluble Annatto
- 1.4.4 Emulsified Annatto
- 1.5 Market by Application
- 1.5.1 Global Annatto Market Size Growth Rate by Application
- 1.5.2 Food Industry
- 1.5.3 Natural Fabric Industry
- 1.5.4 Cosmetic Industry
- 1.5.5 Others
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Annatto Production
- 2.1.1 Global Annatto Revenue 2014-2025
- 2.1.2 Global Annatto Production 2014-2025
- 2.1.3 Global Annatto Capacity 2014-2025
- 2.1.4 Global Annatto Marketing Pricing and Trends
- 2.2 Annatto Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Annatto Manufacturers
- 2.4 Market Drivers, Trends and Issues
- 2.5 Macroscopic Indicator
- 2.5.1 GDP for Major Regions
- 2.5.2 Price of Raw Materials in Dollars: Evolution
3 Market Size by Manufacturers
- 3.1 Annatto Production by Manufacturers
- 3.1.1 Annatto Production by Manufacturers
- 3.1.2 Annatto Production Market Share by Manufacturers
- 3.2 Annatto Revenue by Manufacturers
- 3.2.1 Annatto Revenue by Manufacturers (2014-2019)
- 3.2.2 Annatto Revenue Share by Manufacturers (2014-2019)
- 3.3 Annatto Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Annatto Production by Regions
- 4.1 Global Annatto Production by Regions
- 4.1.1 Global Annatto Production Market Share by Regions
- 4.1.2 Global Annatto Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Annatto Production
- 4.2.2 United States Annatto Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Annatto Import & Export
- 4.3 Europe
- 4.3.1 Europe Annatto Production
- 4.3.2 Europe Annatto Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Annatto Import & Export
- 4.4 China
- 4.4.1 China Annatto Production
- 4.4.2 China Annatto Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Annatto Import & Export
- 4.5 Japan
- 4.5.1 Japan Annatto Production
- 4.5.2 Japan Annatto Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Annatto Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 Annatto Consumption by Regions
- 5.1 Global Annatto Consumption by Regions
- 5.1.1 Global Annatto Consumption by Regions
- 5.1.2 Global Annatto Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Annatto Consumption by Application
- 5.2.2 North America Annatto Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Annatto Consumption by Application
- 5.3.2 Europe Annatto Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Annatto Consumption by Application
- 5.4.2 Asia Pacific Annatto Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Annatto Consumption by Application
- 5.5.2 Central & South America Annatto Consumption by Countries
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Annatto Consumption by Application
- 5.6.2 Middle East and Africa Annatto Consumption by Countries
- 5.6.3 Turkey
- 5.6.4 GCC Countries
- 5.6.5 Egypt
- 5.6.6 South Africa
6 Market Size by Type
- 6.1 Global Annatto Breakdown Dada by Type
- 6.2 Global Annatto Revenue by Type
- 6.3 Annatto Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Annatto Breakdown Dada by Application
- 7.2.1 Global Annatto Consumption by Application
- 7.2.2 Global Annatto Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 DDW
- 8.1.1 DDW Company Details
- 8.1.2 Company Description
- 8.1.3 Capacity, Production and Value of Annatto
- 8.1.4 Annatto Product Description
- 8.1.5 SWOT Analysis
- 8.2 Hansen
- 8.2.1 Hansen Company Details
- 8.2.2 Company Description
- 8.2.3 Capacity, Production and Value of Annatto
- 8.2.4 Annatto Product Description
- 8.2.5 SWOT Analysis
- 8.3 FMC
- 8.3.1 FMC Company Details
- 8.3.2 Company Description
- 8.3.3 Capacity, Production and Value of Annatto
- 8.3.4 Annatto Product Description
- 8.3.5 SWOT Analysis
- 8.4 WILD Flavors
- 8.4.1 WILD Flavors Company Details
- 8.4.2 Company Description
- 8.4.3 Capacity, Production and Value of Annatto
- 8.4.4 Annatto Product Description
- 8.4.5 SWOT Analysis
- 8.5 Kalsec
- 8.5.1 Kalsec Company Details
- 8.5.2 Company Description
- 8.5.3 Capacity, Production and Value of Annatto
- 8.5.4 Annatto Product Description
- 8.5.5 SWOT Analysis
- 8.6 Vinayak Ingredients
- 8.6.1 Vinayak Ingredients Company Details
- 8.6.2 Company Description
- 8.6.3 Capacity, Production and Value of Annatto
- 8.6.4 Annatto Product Description
- 8.6.5 SWOT Analysis
- 8.7 Aarkay Food Products
- 8.7.1 Aarkay Food Products Company Details
- 8.7.2 Company Description
- 8.7.3 Capacity, Production and Value of Annatto
- 8.7.4 Annatto Product Description
- 8.7.5 SWOT Analysis
- 8.8 AICACOLOR
- 8.8.1 AICACOLOR Company Details
- 8.8.2 Company Description
- 8.8.3 Capacity, Production and Value of Annatto
- 8.8.4 Annatto Product Description
- 8.8.5 SWOT Analysis
- 8.9 Biocon del Peru
- 8.9.1 Biocon del Peru Company Details
- 8.9.2 Company Description
- 8.9.3 Capacity, Production and Value of Annatto
- 8.9.4 Annatto Product Description
- 8.9.5 SWOT Analysis
- 8.10 Zhongda Biological
- 8.10.1 Zhongda Biological Company Details
- 8.10.2 Company Description
- 8.10.3 Capacity, Production and Value of Annatto
- 8.10.4 Annatto Product Description
- 8.10.5 SWOT Analysis
- 8.11 Guangzhou Qianyi
9 Production Forecasts
- 9.1 Annatto Production and Revenue Forecast
- 9.1.1 Global Annatto Production Forecast 2019-2025
- 9.1.2 Global Annatto Revenue Forecast 2019-2025
- 9.2 Annatto Production and Revenue Forecast by Regions
- 9.2.1 Global Annatto Revenue Forecast by Regions
- 9.2.2 Global Annatto Production Forecast by Regions
- 9.3 Annatto Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.4 Forecast by Type
- 9.4.1 Global Annatto Production Forecast by Type
- 9.4.2 Global Annatto Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Consumption Forecast by Application
- 10.2 Annatto Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Annatto Consumption Forecast by Countries 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Annatto Consumption Forecast by Countries 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Annatto Consumption Forecast by Countries 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Annatto Consumption Forecast by Country 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Annatto Consumption Forecast by Countries 2019-2025
- 10.7.2 Middle East and Africa
- 10.7.3 Turkey
- 10.7.4 GCC Countries
- 10.7.5 Egypt
- 10.7.6 South Africa
11 Upstream, Industry Chain and Downstream Customers Analysis
- 11.1 Analysis of Annatto Upstream Market
- 11.1.1 Annatto Key Raw Material
- 11.1.2 Typical Suppliers of Key Annatto Raw Material
- 11.1.3 Annatto Raw Material Market Concentration Rate
- 11.2 Annatto Industry Chain Analysis
- 11.3 Marketing & Distribution
- 11.4 Annatto Distributors
- 11.5 Annatto Customers
12 Opportunities & Challenges, Threat and Affecting Factors
- 12.1 Market Opportunities
- 12.2 Market Challenges
- 12.3 Porter's Five Forces Analysis
13 Key Findings
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.2 Data Source
- 14.2 Author Details
Summary:
Get latest Market Research Reports on Annatto . Industry analysis & Market Report on Annatto is a syndicated market report, published as Global Annatto Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Annatto market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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