2022-2027 Global and Regional Annatto Industry Status and Prospects Professional Market Research Report Standard Version
Date: Jan-2022 | Id: MACRC-73625 | Geographical Scope: Global | Publisher: Mnemonics Research
The global Annatto market was valued at 47.7 Million USD in 2021 and will grow with a CAGR of .68% from 2021 to 2027, based on Mnemonics Research newly published report. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). 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. By Market Verdors: DDW Hansen WILD Flavors Kalsec Vinayak Ingredients Aarkay Food Products AICACOLOR Biocon del Peru Zhongda HengYuan Guangzhou Qianyi Shantou Mingde Food Additive Guangzhou Tian Xu Biotechnology Kang Le Yuan San-Ei Gen FFI, Inc. Peregrine Food Ingredients Ltd. MSC Co., Ltd Varmora Foods Private Limited Food Sol India Exberry By Types: Oil-Soluble Annatto Water-Soluble Annatto Emulsified Annatto By Applications: Food Industry Cosmetic Industry Natural Fabric Industry Pharmaceutical Industry Key Indicators Analysed Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors. Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications. Market Trends: Market key trends which include Increased Competition and Continuous Innovations. Opportunities and <b>Drivers:</b> Identifying the Growing Demands and New Technology Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry. Key Reasons to Purchase To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape. Assess the production processes, major issues, and solutions to mitigate the development risk. To understand the most affecting driving and restraining forces in the market and its impact in the global market. Learn about the market strategies that are being adopted by leading respective organizations. To understand the future outlook and prospects for the market. 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Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.4.1 North America Market States and Outlook (2022-2027) 1.4.2 East Asia Market States and Outlook (2022-2027) 1.4.3 Europe Market States and Outlook (2022-2027) 1.4.4 South Asia Market States and Outlook (2022-2027) 1.4.5 Southeast Asia Market States and Outlook (2022-2027) 1.4.6 Middle East Market States and Outlook (2022-2027) 1.4.7 Africa Market States and Outlook (2022-2027) 1.4.8 Oceania Market States and Outlook (2022-2027) 1.4.9 South America Market States and Outlook (2022-2027) 1.5 Global Annatto Market Size Analysis from 2022 to 2027 1.5.1 Global Annatto Market Size Analysis from 2022 to 2027 by Consumption Volume 1.5.2 Global Annatto Market Size Analysis from 2022 to 2027 by Value 1.5.3 Global Annatto Price Trends Analysis from 2022 to 2027 1.6 COVID-19 Outbreak: Annatto Industry Impact Chapter 2 Global Annatto Competition by Types, Applications, and Top Regions and Countries 2.1 Global Annatto (Volume and Value) by Type 2.1.1 Global Annatto Consumption and Market Share by Type (2016-2021) 2.1.2 Global Annatto Revenue and Market Share by Type (2016-2021) 2.2 Global Annatto (Volume and Value) by Application 2.2.1 Global Annatto Consumption and Market Share by Application (2016-2021) 2.2.2 Global Annatto Revenue and Market Share by Application (2016-2021) 2.3 Global Annatto (Volume and Value) by Regions 2.3.1 Global Annatto Consumption and Market Share by Regions (2016-2021) 2.3.2 Global Annatto Revenue and Market Share by Regions (2016-2021) Chapter 3 Production Market Analysis 3.1 Global Production Market Analysis 3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis 3.1.2 2016-2021 Major Manufacturers Performance and Market Share 3.2 Regional Production Market Analysis 3.2.1 2016-2021 Regional Market Performance and Market Share 3.2.2 North America Market 3.2.3 East Asia Market 3.2.4 Europe Market 3.2.5 South Asia Market 3.2.6 Southeast Asia Market 3.2.7 Middle East Market 3.2.8 Africa Market 3.2.9 Oceania Market 3.2.10 South America Market 3.2.11 Rest of the World Market Chapter 4 Global Annatto Sales, Consumption, Export, Import by Regions (2016-2021) 4.1 Global Annatto Consumption by Regions (2016-2021) 4.2 North America Annatto Sales, Consumption, Export, Import (2016-2021) 4.3 East Asia Annatto Sales, Consumption, Export, Import (2016-2021) 4.4 Europe Annatto Sales, Consumption, Export, Import (2016-2021) 4.5 South Asia Annatto Sales, Consumption, Export, Import (2016-2021) 4.6 Southeast Asia Annatto Sales, Consumption, Export, Import (2016-2021) 4.7 Middle East Annatto Sales, Consumption, Export, Import (2016-2021) 4.8 Africa Annatto Sales, Consumption, Export, Import (2016-2021) 4.9 Oceania Annatto Sales, Consumption, Export, Import (2016-2021) 4.10 South America Annatto Sales, Consumption, Export, Import (2016-2021) Chapter 5 North America Annatto Market Analysis 5.1 North America Annatto Consumption and Value Analysis 5.1.1 North America Annatto Market Under COVID-19 5.2 North America Annatto Consumption Volume by Types 5.3 North America Annatto Consumption Structure by Application 5.4 North America Annatto Consumption by Top Countries 5.4.1 United States Annatto Consumption Volume from 2016 to 2021 5.4.2 Canada Annatto Consumption Volume from 2016 to 2021 5.4.3 Mexico Annatto Consumption Volume from 2016 to 2021 Chapter 6 East Asia Annatto Market Analysis 6.1 East Asia Annatto Consumption and Value Analysis 6.1.1 East Asia Annatto Market Under COVID-19 6.2 East Asia Annatto Consumption Volume by Types 6.3 East Asia Annatto Consumption Structure by Application 6.4 East Asia Annatto Consumption by Top Countries 6.4.1 China Annatto Consumption Volume from 2016 to 2021 6.4.2 Japan Annatto Consumption Volume from 2016 to 2021 6.4.3 South Korea Annatto Consumption Volume from 2016 to 2021 Chapter 7 Europe Annatto Market Analysis 7.1 Europe Annatto Consumption and Value Analysis 7.1.1 Europe Annatto Market Under COVID-19 7.2 Europe Annatto Consumption Volume by Types 7.3 Europe Annatto Consumption Structure by Application 7.4 Europe Annatto Consumption by Top Countries 7.4.1 Germany Annatto Consumption Volume from 2016 to 2021 7.4.2 UK Annatto Consumption Volume from 2016 to 2021 7.4.3 France Annatto Consumption Volume from 2016 to 2021 7.4.4 Italy Annatto Consumption Volume from 2016 to 2021 7.4.5 Russia Annatto Consumption Volume from 2016 to 2021 7.4.6 Spain Annatto Consumption Volume from 2016 to 2021 7.4.7 Netherlands Annatto Consumption Volume from 2016 to 2021 7.4.8 Switzerland Annatto Consumption Volume from 2016 to 2021 7.4.9 Poland Annatto Consumption Volume from 2016 to 2021 Chapter 8 South Asia Annatto Market Analysis 8.1 South Asia Annatto Consumption and Value Analysis 8.1.1 South Asia Annatto Market Under COVID-19 8.2 South Asia Annatto Consumption Volume by Types 8.3 South Asia Annatto Consumption Structure by Application 8.4 South Asia Annatto Consumption by Top Countries 8.4.1 India Annatto Consumption Volume from 2016 to 2021 8.4.2 Pakistan Annatto Consumption Volume from 2016 to 2021 8.4.3 Bangladesh Annatto Consumption Volume from 2016 to 2021 Chapter 9 Southeast Asia Annatto Market Analysis 9.1 Southeast Asia Annatto Consumption and Value Analysis 9.1.1 Southeast Asia Annatto Market Under COVID-19 9.2 Southeast Asia Annatto Consumption Volume by Types 9.3 Southeast Asia Annatto Consumption Structure by Application 9.4 Southeast Asia Annatto Consumption by Top Countries 9.4.1 Indonesia Annatto Consumption Volume from 2016 to 2021 9.4.2 Thailand Annatto Consumption Volume from 2016 to 2021 9.4.3 Singapore Annatto Consumption Volume from 2016 to 2021 9.4.4 Malaysia Annatto Consumption Volume from 2016 to 2021 9.4.5 Philippines Annatto Consumption Volume from 2016 to 2021 9.4.6 Vietnam Annatto Consumption Volume from 2016 to 2021 9.4.7 Myanmar Annatto Consumption Volume from 2016 to 2021 Chapter 10 Middle East Annatto Market Analysis 10.1 Middle East Annatto Consumption and Value Analysis 10.1.1 Middle East Annatto Market Under COVID-19 10.2 Middle East Annatto Consumption Volume by Types 10.3 Middle East Annatto Consumption Structure by Application 10.4 Middle East Annatto Consumption by Top Countries 10.4.1 Turkey Annatto Consumption Volume from 2016 to 2021 10.4.2 Saudi Arabia Annatto Consumption Volume from 2016 to 2021 10.4.3 Iran Annatto Consumption Volume from 2016 to 2021 10.4.4 United Arab Emirates Annatto Consumption Volume from 2016 to 2021 10.4.5 Israel Annatto Consumption Volume from 2016 to 2021 10.4.6 Iraq Annatto Consumption Volume from 2016 to 2021 10.4.7 Qatar Annatto Consumption Volume from 2016 to 2021 10.4.8 Kuwait Annatto Consumption Volume from 2016 to 2021 10.4.9 Oman Annatto Consumption Volume from 2016 to 2021 Chapter 11 Africa Annatto Market Analysis 11.1 Africa Annatto Consumption and Value Analysis 11.1.1 Africa Annatto Market Under COVID-19 11.2 Africa Annatto Consumption Volume by Types 11.3 Africa Annatto Consumption Structure by Application 11.4 Africa Annatto Consumption by Top Countries 11.4.1 Nigeria Annatto Consumption Volume from 2016 to 2021 11.4.2 South Africa Annatto Consumption Volume from 2016 to 2021 11.4.3 Egypt Annatto Consumption Volume from 2016 to 2021 11.4.4 Algeria Annatto Consumption Volume from 2016 to 2021 11.4.5 Morocco Annatto Consumption Volume from 2016 to 2021 Chapter 12 Oceania Annatto Market Analysis 12.1 Oceania Annatto Consumption and Value Analysis 12.2 Oceania Annatto Consumption Volume by Types 12.3 Oceania Annatto Consumption Structure by Application 12.4 Oceania Annatto Consumption by Top Countries 12.4.1 Australia Annatto Consumption Volume from 2016 to 2021 12.4.2 New Zealand Annatto Consumption Volume from 2016 to 2021 Chapter 13 South America Annatto Market Analysis 13.1 South America Annatto Consumption and Value Analysis 13.1.1 South America Annatto Market Under COVID-19 13.2 South America Annatto Consumption Volume by Types 13.3 South America Annatto Consumption Structure by Application 13.4 South America Annatto Consumption Volume by Major Countries 13.4.1 Brazil Annatto Consumption Volume from 2016 to 2021 13.4.2 Argentina Annatto Consumption Volume from 2016 to 2021 13.4.3 Columbia Annatto Consumption Volume from 2016 to 2021 13.4.4 Chile Annatto Consumption Volume from 2016 to 2021 13.4.5 Venezuela Annatto Consumption Volume from 2016 to 2021 13.4.6 Peru Annatto Consumption Volume from 2016 to 2021 13.4.7 Puerto Rico Annatto Consumption Volume from 2016 to 2021 13.4.8 Ecuador Annatto Consumption Volume from 2016 to 2021 Chapter 14 Company Profiles and Key Figures in Annatto Business 14.1 DDW 14.1.1 DDW Company Profile 14.1.2 DDW Annatto Product Specification 14.1.3 DDW Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.2 Hansen 14.2.1 Hansen Company Profile 14.2.2 Hansen Annatto Product Specification 14.2.3 Hansen Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.3 WILD Flavors 14.3.1 WILD Flavors Company Profile 14.3.2 WILD Flavors Annatto Product Specification 14.3.3 WILD Flavors Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.4 Kalsec 14.4.1 Kalsec Company Profile 14.4.2 Kalsec Annatto Product Specification 14.4.3 Kalsec Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.5 Vinayak Ingredients 14.5.1 Vinayak Ingredients Company Profile 14.5.2 Vinayak Ingredients Annatto Product Specification 14.5.3 Vinayak Ingredients Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.6 Aarkay Food Products 14.6.1 Aarkay Food Products Company Profile 14.6.2 Aarkay Food Products Annatto Product Specification 14.6.3 Aarkay Food Products Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.7 AICACOLOR 14.7.1 AICACOLOR Company Profile 14.7.2 AICACOLOR Annatto Product Specification 14.7.3 AICACOLOR Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.8 Biocon del Peru 14.8.1 Biocon del Peru Company Profile 14.8.2 Biocon del Peru Annatto Product Specification 14.8.3 Biocon del Peru Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.9 Zhongda HengYuan 14.9.1 Zhongda HengYuan Company Profile 14.9.2 Zhongda HengYuan Annatto Product Specification 14.9.3 Zhongda HengYuan Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.10 Guangzhou Qianyi 14.10.1 Guangzhou Qianyi Company Profile 14.10.2 Guangzhou Qianyi Annatto Product Specification 14.10.3 Guangzhou Qianyi Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.11 Shantou Mingde Food Additive 14.11.1 Shantou Mingde Food Additive Company Profile 14.11.2 Shantou Mingde Food Additive Annatto Product Specification 14.11.3 Shantou Mingde Food Additive Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.12 Guangzhou Tian Xu Biotechnology 14.12.1 Guangzhou Tian Xu Biotechnology Company Profile 14.12.2 Guangzhou Tian Xu Biotechnology Annatto Product Specification 14.12.3 Guangzhou Tian Xu Biotechnology Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.13 Kang Le Yuan 14.13.1 Kang Le Yuan Company Profile 14.13.2 Kang Le Yuan Annatto Product Specification 14.13.3 Kang Le Yuan Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.14 San-Ei Gen FFI, Inc. 14.14.1 San-Ei Gen FFI, Inc. Company Profile 14.14.2 San-Ei Gen FFI, Inc. Annatto Product Specification 14.14.3 San-Ei Gen FFI, Inc. Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.15 Peregrine Food Ingredients Ltd. 14.15.1 Peregrine Food Ingredients Ltd. Company Profile 14.15.2 Peregrine Food Ingredients Ltd. Annatto Product Specification 14.15.3 Peregrine Food Ingredients Ltd. Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.16 MSC Co., Ltd 14.16.1 MSC Co., Ltd Company Profile 14.16.2 MSC Co., Ltd Annatto Product Specification 14.16.3 MSC Co., Ltd Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.17 Varmora Foods Private Limited 14.17.1 Varmora Foods Private Limited Company Profile 14.17.2 Varmora Foods Private Limited Annatto Product Specification 14.17.3 Varmora Foods Private Limited Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.18 Food Sol India 14.18.1 Food Sol India Company Profile 14.18.2 Food Sol India Annatto Product Specification 14.18.3 Food Sol India Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) 14.19 Exberry 14.19.1 Exberry Company Profile 14.19.2 Exberry Annatto Product Specification 14.19.3 Exberry Annatto Production Capacity, Revenue, Price and Gross Margin (2016-2021) Chapter 15 Global Annatto Market Forecast (2022-2027) 15.1 Global Annatto Consumption Volume, Revenue and Price Forecast (2022-2027) 15.1.1 Global Annatto Consumption Volume and Growth Rate Forecast (2022-2027) 15.1.2 Global Annatto Value and Growth Rate Forecast (2022-2027) 15.2 Global Annatto Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027) 15.2.1 Global Annatto Consumption Volume and Growth Rate Forecast by Regions (2022-2027) 15.2.2 Global Annatto Value and Growth Rate Forecast by Regions (2022-2027) 15.2.3 North America Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.2.4 East Asia Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.2.5 Europe Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.2.6 South Asia Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.2.7 Southeast Asia Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.2.8 Middle East Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.2.9 Africa Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.2.10 Oceania Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.2.11 South America Annatto Consumption Volume, Revenue and Growth Rate Forecast (2022-2027) 15.3 Global Annatto Consumption Volume, Revenue and Price Forecast by Type (2022-2027) 15.3.1 Global Annatto Consumption Forecast by Type (2022-2027) 15.3.2 Global Annatto Revenue Forecast by Type (2022-2027) 15.3.3 Global Annatto Price Forecast by Type (2022-2027) 15.4 Global Annatto Consumption Volume Forecast by Application (2022-2027) 15.5 Annatto Market Forecast Under COVID-19 Chapter 16 Conclusions Research Methodology