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Global Annatto Market 2018-2022

  • Published: Apr 2018
  • Pages: 80
  • SKU: IRTNTR21085
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The global annatto market size will grow by USD 31.63 million during 2018-2022. This industry research report provides a detailed analysis of the market based on application (food and beverage, textile, and cosmetics and pharmaceuticals) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several annatto companies including Archer Daniels Midland Company, Biocon, Chr. Hansen Holding, DDW The Colour House, and Kalsec.

Below are some of the key findings from this annatto market analysis report:

Annatto Market

 

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Global annatto industry overview

Growing awareness of the health benefits associated with annatto is a key factor driving market growth. The consumption of annatto products such as annatto powder, annatto oil, annatto spice, and annatto food coloring is associated with several health benefits such as preventing congenital disorders, promoting digestion, strengthening bones and controlling cancer. The growing awareness about the health benefits of annatto will drive market growth.

Annatto is very popular among the millennials. This demographic is more health conscious and is very enthusiastic about trying out new variants and flavors. Millennials are the largest consumers of annatto products. Thus, the growing awareness of the health benefits associated with annatto coupled with the growing population of millennials worldwide will drive the market at a CAGR of close to 5% during the forecast period.

Top annatto companies covered in this report

The global annatto market is moderately concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this annatto industry analysis report will help clients identify new growth opportunities and design new growth strategies.

The report offers a detailed analysis of several leading annatto companies including:

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

 Annatto market segmentation based on application

  • Food and beverage
  • Textile
  • Cosmetics and pharmaceuticals

Food and beverage was the largest application of the global annatto market in 2017. The market share of this segment will increase further, and it will continue to dominate the market throughout the next five years.

Annatto market segmentation based on region

  • The Americas
  • APAC
  • EMEA

The Americas accounted for the largest annatto market share in 2017. This region will witness a decrease in its market share but will remain the market leader for the next five years. The market is the nascent stage in the APAC region and hence the region is expected to witness the highest incremental growth over the forecast period.

Key highlights of the global annatto market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the annatto market during the next five years
  • Precise estimation of the global annatto market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the annatto industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of annatto companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Global annatto market based on food and beverage – Market size and forecast 2017-2022
  • Global annatto market based on textile – Market size and forecast 2017-2022
  • Global annatto market based on cosmetics and pharmaceuticals – Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Annatto market in Americas – Market size and forecast 2017-2022
  • Annatto market in EMEA – Market size and forecast 2017-2022
  • Annatto market in APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Annatto market in US
  • Annatto market in UK
  • Annatto market in Brazil
  • Annatto market in Japan
  • Annatto market in France
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Growing population of millennials worldwide
  • Increasing prominence of online retailing
  • Rising urbanization and shifting consumer preference for healthy processed foods

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Archer Daniels Midland Company
  • Biocon
  • Chr. Hansen Holding
  • DDW The Colour House
  • Kalsec

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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