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Global Annatto Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 251
  • CATEGORY
  • Chemicals & Materials
Annatto market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Annatto market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Annatto manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Annatto market covering all its essential aspects.

Global Annatto Market: Segmentations

Global Annatto Market: By Key Players
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

Global Annatto Market: By Types
Oil-Soluble Annatto
Water-Soluble Annatto
Emulsified Annatto

Global Annatto Market: By Applications
Food Industry
Cosmetic Industry
Natural Fabric Industry
Pharmaceutical Industry



Global Annatto Market: Regional Analysis
The countries covered in the regional analysis of the Global Annatto market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Annatto market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Annatto would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Annatto Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Annatto Revenue
1.4 Market Analysis by Type
1.4.1 Global Annatto Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Oil-Soluble Annatto
1.4.3 Water-Soluble Annatto
1.4.4 Emulsified Annatto
1.5 Market by Application
1.5.1 Global Annatto Market Share by Application: 2023-2032
1.5.2 Food Industry
1.5.3 Cosmetic Industry
1.5.4 Natural Fabric Industry
1.5.5 Pharmaceutical Industry
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Annatto Market
1.8.1 Global Annatto Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Annatto Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Annatto Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Annatto Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Annatto Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Annatto Sales Volume Market Share by Region (2017-2022)
3.2 Global Annatto Sales Revenue Market Share by Region (2017-2022)
3.3 North America Annatto Sales Volume
3.3.1 North America Annatto Sales Volume Growth Rate (2017-2022)
3.3.2 North America Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Annatto Sales Volume
3.4.1 East Asia Annatto Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Annatto Sales Volume (2017-2022)
3.5.1 Europe Annatto Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Annatto Sales Volume (2017-2022)
3.6.1 South Asia Annatto Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Annatto Sales Volume (2017-2022)
3.7.1 Southeast Asia Annatto Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Annatto Sales Volume (2017-2022)
3.8.1 Middle East Annatto Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Annatto Sales Volume (2017-2022)
3.9.1 Africa Annatto Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Annatto Sales Volume (2017-2022)
3.10.1 Oceania Annatto Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Annatto Sales Volume (2017-2022)
3.11.1 South America Annatto Sales Volume Growth Rate (2017-2022)
3.11.2 South America Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Annatto Sales Volume (2017-2022)
3.12.1 Rest of the World Annatto Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Annatto Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Annatto Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Annatto Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Annatto Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Annatto Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Annatto Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Annatto Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Annatto Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Annatto Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Annatto Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Annatto Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Annatto Sales Volume Market Share by Type (2017-2022)
14.2 Global Annatto Sales Revenue Market Share by Type (2017-2022)
14.3 Global Annatto Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Annatto Consumption Volume by Application (2017-2022)
15.2 Global Annatto Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Annatto Business
16.1 DDW
16.1.1 DDW Company Profile
16.1.2 DDW Annatto Product Specification
16.1.3 DDW Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Hansen
16.2.1 Hansen Company Profile
16.2.2 Hansen Annatto Product Specification
16.2.3 Hansen Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 WILD Flavors
16.3.1 WILD Flavors Company Profile
16.3.2 WILD Flavors Annatto Product Specification
16.3.3 WILD Flavors Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Kalsec
16.4.1 Kalsec Company Profile
16.4.2 Kalsec Annatto Product Specification
16.4.3 Kalsec Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Vinayak Ingredients
16.5.1 Vinayak Ingredients Company Profile
16.5.2 Vinayak Ingredients Annatto Product Specification
16.5.3 Vinayak Ingredients Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Aarkay Food Products
16.6.1 Aarkay Food Products Company Profile
16.6.2 Aarkay Food Products Annatto Product Specification
16.6.3 Aarkay Food Products Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 AICACOLOR
16.7.1 AICACOLOR Company Profile
16.7.2 AICACOLOR Annatto Product Specification
16.7.3 AICACOLOR Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Biocon del Peru
16.8.1 Biocon del Peru Company Profile
16.8.2 Biocon del Peru Annatto Product Specification
16.8.3 Biocon del Peru Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Zhongda HengYuan
16.9.1 Zhongda HengYuan Company Profile
16.9.2 Zhongda HengYuan Annatto Product Specification
16.9.3 Zhongda HengYuan Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Guangzhou Qianyi
16.10.1 Guangzhou Qianyi Company Profile
16.10.2 Guangzhou Qianyi Annatto Product Specification
16.10.3 Guangzhou Qianyi Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Shantou Mingde Food Additive
16.11.1 Shantou Mingde Food Additive Company Profile
16.11.2 Shantou Mingde Food Additive Annatto Product Specification
16.11.3 Shantou Mingde Food Additive Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Guangzhou Tian Xu Biotechnology
16.12.1 Guangzhou Tian Xu Biotechnology Company Profile
16.12.2 Guangzhou Tian Xu Biotechnology Annatto Product Specification
16.12.3 Guangzhou Tian Xu Biotechnology Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Kang Le Yuan
16.13.1 Kang Le Yuan Company Profile
16.13.2 Kang Le Yuan Annatto Product Specification
16.13.3 Kang Le Yuan Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 San-Ei Gen FFI, Inc.
16.14.1 San-Ei Gen FFI, Inc. Company Profile
16.14.2 San-Ei Gen FFI, Inc. Annatto Product Specification
16.14.3 San-Ei Gen FFI, Inc. Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Peregrine Food Ingredients Ltd.
16.15.1 Peregrine Food Ingredients Ltd. Company Profile
16.15.2 Peregrine Food Ingredients Ltd. Annatto Product Specification
16.15.3 Peregrine Food Ingredients Ltd. Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 MSC Co., Ltd
16.16.1 MSC Co., Ltd Company Profile
16.16.2 MSC Co., Ltd Annatto Product Specification
16.16.3 MSC Co., Ltd Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Varmora Foods Private Limited
16.17.1 Varmora Foods Private Limited Company Profile
16.17.2 Varmora Foods Private Limited Annatto Product Specification
16.17.3 Varmora Foods Private Limited Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Food Sol India
16.18.1 Food Sol India Company Profile
16.18.2 Food Sol India Annatto Product Specification
16.18.3 Food Sol India Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 Exberry
16.19.1 Exberry Company Profile
16.19.2 Exberry Annatto Product Specification
16.19.3 Exberry Annatto Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Annatto Manufacturing Cost Analysis
17.1 Annatto Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Annatto
17.4 Annatto Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Annatto Distributors List
18.3 Annatto Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Annatto (2023-2032)
20.2 Global Forecasted Revenue of Annatto (2023-2032)
20.3 Global Forecasted Price of Annatto (2017-2032)
20.4 Global Forecasted Production of Annatto by Region (2023-2032)
20.4.1 North America Annatto Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Annatto Production, Revenue Forecast (2023-2032)
20.4.3 Europe Annatto Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Annatto Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Annatto Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Annatto Production, Revenue Forecast (2023-2032)
20.4.7 Africa Annatto Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Annatto Production, Revenue Forecast (2023-2032)
20.4.9 South America Annatto Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Annatto Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Annatto by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Annatto by Country
21.2 East Asia Market Forecasted Consumption of Annatto by Country
21.3 Europe Market Forecasted Consumption of Annatto by Countriy
21.4 South Asia Forecasted Consumption of Annatto by Country
21.5 Southeast Asia Forecasted Consumption of Annatto by Country
21.6 Middle East Forecasted Consumption of Annatto by Country
21.7 Africa Forecasted Consumption of Annatto by Country
21.8 Oceania Forecasted Consumption of Annatto by Country
21.9 South America Forecasted Consumption of Annatto by Country
21.10 Rest of the world Forecasted Consumption of Annatto by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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