Table of Contents

2019-2024 Global Annatto Consumption Market Report

1 Scope of the Report

• 1.1 Market Introduction
• 1.2 Research Objectives
• 1.3 Years Considered
• 1.4 Market Research Methodology
• 1.5 Economic Indicators
• 1.6 Currency Considered

2 Executive Summary

• 2.1 World Market Overview
  • 2.1.1 Global Annatto Consumption 2014-2024
  • 2.1.2 Annatto Consumption CAGR by Region
• 2.2 Annatto Segment by Type
  • 2.2.1 Oil-Soluble Annatto
  • 2.2.2 Water-Soluble Annatto
  • 2.2.3 Emulsified Annatto
• 2.3 Annatto Consumption by Type
  • 2.3.1 Global Annatto Consumption Market Share by Type (2014-2019)
  • 2.3.2 Global Annatto Revenue and Market Share by Type (2014-2019)
  • 2.3.3 Global Annatto Sale Price by Type (2014-2019)
• 2.4 Annatto Segment by Application
  • 2.4.1 Food Industry
  • 2.4.2 Natural Fabric Industry
  • 2.4.3 Cosmetic Industry
  • 2.4.4 Others
• 2.5 Annatto Consumption by Application
  • 2.5.1 Global Annatto Consumption Market Share by Application (2014-2019)
  • 2.5.2 Global Annatto Value and Market Share by Application (2014-2019)
  • 2.5.3 Global Annatto Sale Price by Application (2014-2019)

3 Global Annatto by Players

• 3.1 Global Annatto Sales Market Share by Players
  • 3.1.1 Global Annatto Sales by Players (2017-2019)
  • 3.1.2 Global Annatto Sales Market Share by Players (2017-2019)
• 3.2 Global Annatto Revenue Market Share by Players
  • 3.2.1 Global Annatto Revenue by Players (2017-2019)
  • 3.2.2 Global Annatto Revenue Market Share by Players (2017-2019)
• 3.3 Global Annatto Sale Price by Players
• 3.4 Global Annatto Manufacturing Base Distribution, Sales Area, Product Types by Players
  • 3.4.1 Global Annatto Manufacturing Base Distribution and Sales Area by Players
  • 3.4.2 Players Annatto Products Offered
• 3.5 Market Concentration Rate Analysis
  • 3.5.1 Competition Landscape Analysis
  • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
• 3.6 New Products and Potential Entrants
• 3.7 Mergers & Acquisitions, Expansion

4 Annatto by Regions

• 4.1 Annatto by Regions
  • 4.1.1 Global Annatto Consumption by Regions
  • 4.1.2 Global Annatto Value by Regions
• 4.2 Americas Annatto Consumption Growth
• 4.3 APAC Annatto Consumption Growth
• 4.4 Europe Annatto Consumption Growth
• 4.5 Middle East & Africa Annatto Consumption Growth

5 Americas

• 5.1 Americas Annatto Consumption by Countries
  • 5.1.1 Americas Annatto Consumption by Countries (2014-2019)
  • 5.1.2 Americas Annatto Value by Countries (2014-2019)
• 5.2 Americas Annatto Consumption by Type
• 5.3 Americas Annatto Consumption by Application
• 5.4 United States
• 5.5 Canada
• 5.6 Mexico
• 5.7 Key Economic Indicators of Few Americas Countries

6 APAC

• 6.1 APAC Annatto Consumption by Countries
  • 6.1.1 APAC Annatto Consumption by Countries (2014-2019)
  • 6.1.2 APAC Annatto Value by Countries (2014-2019)
• 6.2 APAC Annatto Consumption by Type
• 6.3 APAC Annatto Consumption by Application
• 6.4 China
• 6.5 Japan
• 6.6 Korea
• 6.7 Southeast Asia
• 6.8 India
• 6.9 Australia
• 6.10 Key Economic Indicators of Few APAC Countries

7 Europe

• 7.1 Europe Annatto by Countries
  • 7.1.1 Europe Annatto Consumption by Countries (2014-2019)
  • 7.1.2 Europe Annatto Value by Countries (2014-2019)
• 7.2 Europe Annatto Consumption by Type
• 7.3 Europe Annatto Consumption by Application
• 7.4 Germany
• 7.5 France
• 7.6 UK
• 7.7 Italy
• 7.8 Russia
• 7.9 Spain
• 7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

• 8.1 Middle East & Africa Annatto by Countries
  • 8.1.1 Middle East & Africa Annatto Consumption by Countries (2014-2019)
  • 8.1.2 Middle East & Africa Annatto Value by Countries (2014-2019)
• 8.2 Middle East & Africa Annatto Consumption by Type
• 8.3 Middle East & Africa Annatto Consumption by Application
• 8.4 Egypt
• 8.5 South Africa
• 8.6 Israel
• 8.7 Turkey
• 8.8 GCC Countries

9 Market Drivers, Challenges and Trends

• 9.1 Market Drivers and Impact
  • 9.1.1 Growing Demand from Key Regions
  • 9.1.2 Growing Demand from Key Applications and Potential Industries
• 9.2 Market Challenges and Impact
• 9.3 Market Trends

10 Marketing, Distributors and Customer

• 10.1 Sales Channel
  • 10.1.1 Direct Channels
  • 10.1.2 Indirect Channels
• 10.2 Annatto Distributors
• 10.3 Annatto Customer

11 Global Annatto Market Forecast

• 11.1 Global Annatto Consumption Forecast (2019-2024)
• 11.2 Global Annatto Forecast by Regions
  • 11.2.1 Global Annatto Forecast by Regions (2019-2024)
  • 11.2.2 Global Annatto Value Forecast by Regions (2019-2024)
  • 11.2.3 Americas Consumption Forecast
  • 11.2.4 APAC Consumption Forecast
  • 11.2.5 Europe Consumption Forecast
  • 11.2.6 Middle East & Africa Consumption Forecast
• 11.3 Americas Forecast by Countries
  • 11.3.1 United States Market Forecast
  • 11.3.2 Canada Market Forecast
  • 11.3.3 Mexico Market Forecast
  • 11.3.4 Brazil Market Forecast
• 11.4 APAC Forecast by Countries
  • 11.4.1 China Market Forecast
  • 11.4.2 Japan Market Forecast
  • 11.4.3 Korea Market Forecast
  • 11.4.4 Southeast Asia Market Forecast
  • 11.4.5 India Market Forecast
  • 11.4.6 Australia Market Forecast
• 11.5 Europe Forecast by Countries
  • 11.5.1 Germany Market Forecast
  • 11.5.2 France Market Forecast
  • 11.5.3 UK Market Forecast
  • 11.5.4 Italy Market Forecast
  • 11.5.5 Russia Market Forecast
  • 11.5.6 Spain Market Forecast
• 11.6 Middle East & Africa Forecast by Countries
  • 11.6.1 Egypt Market Forecast
  • 11.6.2 South Africa Market Forecast
  • 11.6.3 Israel Market Forecast
  • 11.6.4 Turkey Market Forecast
  • 11.6.5 GCC Countries Market Forecast
• 11.7 Global Annatto Forecast by Type
• 11.8 Global Annatto Forecast by Application

12 Key Players Analysis

• 12.1 DDW
  • 12.1.1 Company Details
  • 12.1.2 Annatto Product Offered
  • 12.1.3 DDW Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.1.4 Main Business Overview
  • 12.1.5 DDW News
• 12.2 Hansen
  • 12.2.1 Company Details
  • 12.2.2 Annatto Product Offered
  • 12.2.3 Hansen Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.2.4 Main Business Overview
  • 12.2.5 Hansen News
• 12.3 FMC
  • 12.3.1 Company Details
  • 12.3.2 Annatto Product Offered
  • 12.3.3 FMC Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.3.4 Main Business Overview
  • 12.3.5 FMC News
• 12.4 WILD Flavors
  • 12.4.1 Company Details
  • 12.4.2 Annatto Product Offered
  • 12.4.3 WILD Flavors Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.4.4 Main Business Overview
  • 12.4.5 WILD Flavors News
• 12.5 Kalsec
  • 12.5.1 Company Details
  • 12.5.2 Annatto Product Offered
  • 12.5.3 Kalsec Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.5.4 Main Business Overview
  • 12.5.5 Kalsec News
• 12.6 Vinayak Ingredients
  • 12.6.1 Company Details
  • 12.6.2 Annatto Product Offered
  • 12.6.3 Vinayak Ingredients Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.6.4 Main Business Overview
  • 12.6.5 Vinayak Ingredients News
• 12.7 Aarkay Food Products
  • 12.7.1 Company Details
  • 12.7.2 Annatto Product Offered
  • 12.7.3 Aarkay Food Products Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.7.4 Main Business Overview
  • 12.7.5 Aarkay Food Products News
• 12.8 AICACOLOR
  • 12.8.1 Company Details
  • 12.8.2 Annatto Product Offered
  • 12.8.3 AICACOLOR Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.8.4 Main Business Overview
  • 12.8.5 AICACOLOR News
• 12.9 Biocon del Peru
  • 12.9.1 Company Details
  • 12.9.2 Annatto Product Offered
  • 12.9.3 Biocon del Peru Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.9.4 Main Business Overview
  • 12.9.5 Biocon del Peru News
• 12.10 Zhongda Biological
  • 12.10.1 Company Details
  • 12.10.2 Annatto Product Offered
  • 12.10.3 Zhongda Biological Annatto Sales, Revenue, Price and Gross Margin (2017-2019)
  • 12.10.4 Main Business Overview
  • 12.10.5 Zhongda Biological News
• 12.11 Guangzhou Qianyi

13 Research Findings and Conclusion

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.

According to this study, over the next five years the Annatto market will register a 0.6% CAGR in terms of revenue, the global market size will reach US$ 49 million by 2024, from US$ 47 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Annatto business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Annatto market by product type, application, key manufacturers and key regions and countries.

This study considers the Annatto value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Oil-Soluble Annatto
Water-Soluble Annatto
Emulsified Annatto
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food Industry
Natural Fabric Industry
Cosmetic Industry
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DDW
Hansen
FMC
WILD Flavors
Kalsec
Vinayak Ingredients
Aarkay Food Products
AICACOLOR
Biocon del Peru
Zhongda Biological
Guangzhou Qianyi

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Annatto consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Annatto market by identifying its various subsegments.
Focuses on the key global Annatto manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Annatto with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Annatto submarkets, with respect to key regions (along with their respective key countries).
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.