Global Annatto Market 2018-2022

SKU ID :TNV-11538206 | Published Date: 19-Apr-2018 | No. of pages: 110
About Annatto

Annatto is an orange-red condiment and food coloring derived from the seeds of the achiote tree (Bixa orellana). It is often used to impart a yellow or orange color to foods, but sometimes also used for its flavor and aroma. Apart from food and beverage, annatto extracts and seeds also find applications in the textile, cosmetics, and pharmaceutical industries.

Technavio’s analysts forecast the global annatto market to grow at a CAGR of 4.53% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global annatto market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Annatto Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Archer Daniels Midland Company
• Biocon
• Chr. Hansen Holding
• DDW The Colour House
• Kalsec

Market driver
• Growing awareness of health benefits associated with annatto
• For a full, detailed list, view our report

Market challenge
• Large volumes and other challenges in manufacturing natural colors
• For a full, detailed list, view our report

Market trend
• Growing population of millennials worldwide
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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