The global Annatto market Demand has witnessed a rise in the demand for natural food ingredients and colorants, which can be attributed to the increasing consumer demand for naturally-derived and safer food ingredients. Color additives reinforce the colors already present in the food and ensure uniformity of the food from season to season and batch to batch.
Annatto colorants are derived from annatto seeds that grow on a tree called Bixa Orellana. The Bixa Orellana tree is known as Annatto or as ‘Achiote’ in large parts of South America and as ‘Urucum’ in Brazil.
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Global Annatto Market: Segmentation
On the basis of nature, the global annatto market can be segmented into:
On the basis of form, the global annatto market can be segmented into:
On the basis of product type, the global Annatto market can be segmented into:
- Annatto – Bixin
- Annatto – Norbixin
On the basis of end user, the global Annatto market can be segmented into:
- Food Industry
On the basis of the distribution channel, the global annatto market can be segmented into:
- Convenience Store
- Specialty Store
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Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
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Global Annatto Market: Key Players
Some of the key players operating in the global annatto market include BioconColors, Amerilure Inc., Kalsec Inc., Sensient Technologies Corporation, D.D. Williamson & Co. Inc. and ADM (Wild Flavors), among others.
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