Global Annatto Market overview:
The Annatto Market is expected to witness sustained growth over the forecast period (2019-2024). The growth of the Annatto market is driven as there is favourable growth in the industry is a major factor which will boost the global Annatto Market.
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With the slowdown in world economic growth, the Annatto industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Annatto market size to maintain the average annual growth rate of 0.0335670245782 from 39.0 million $ in 2014 to 46.0 million $ in 2019, Market analysts believe that in the next few years, Annatto market size will be further expanded, we expect that by 2024, The market size of the Annatto will reach 53.0 million $.
Annatto is an orange-red condiment and food coloring derived from the seeds of the achiote tree (Bixa orellana) native to tropical regions from Mexico to Brazil. It is often used to impart a yellow or orange color to foods, but sometimes also for its flavor and aroma. Its scent is described as "slightly peppery with a hint of nutmeg" and flavor as "slightly nutty, sweet and peppery".
The Global Annatto Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Annatto Market is sub segmented into Oil-Soluble Annatto, Water-Soluble Annatto, Emulsified Annatto. Based on End Use Industry segment, the Annatto Market is sub segmented into Food Industry, Natural Fabric Industry, Cosmetic Industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Some of the major players that operate in the Global Annatto Market are DDW, Hansen, FMC, WILD Flavors, Kalsec, Vinayak Ingredients, Aarkay Food Products, AICACOLOR, Biocon del Peru, Zhongda Biological, Guangzhou Qianyi.
Latest Industry Updates:
Kalsec:- Many food industry trends were on display to feed your future at this year’s annual Institute of Food Technologists (IFT) expo in New Orleans, Louisiana. From different takes on cajun cuisine and snacks, to alternative proteins and African flavors, IFT 2019 did not disappoint. Our trend experts walked the show and took note of a few major trends.
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The most common theme that we saw when walking the expo floor was for alternative protein. Sources like jackfruit, soy and pea protein were the base for many featured products and were one of the first talking points to describe an offering. IFT also featured many presentations from industry experts highlighting key trends and issues, and a prominent topic for discussion included alternative proteins to meat, including Meat Hybrids
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global Annatto Market Report 2019
1 Annatto Definition
2 Global Annatto Market Major Player Share and Market Overview
3 Major Player Annatto Business Introduction
4 Global Annatto Market Segmentation (Region Level)
5 Global Annatto Market Segmentation (Product Type Level)
6 Global Annatto Market Segmentation (Industry Level)
7 Global Annatto Market Segmentation (Channel Level)
8 Annatto Market Forecast 2019-2024
9 Annatto Segmentation Type
10 Annatto Segmentation Industry
11 Annatto Cost Analysis
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