Annatto Color Extract Market
Annatto Color Extract Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Annatto Color Extract Market Size and Growth
The Annatto Color Extract market is experiencing robust growth, driven by increasing demand for natural food colorants. The global market size is valued at approximately USD 200 million in 2023, with a projected CAGR of around 5% over the next five years, fueled by consumer preferences for clean-label products.
Companies Covered
(Covid 19 Impact Covered)
◍ "Fiorio Colori"
◍ "Sensient Technology Corporation"
◍ "D.D. Williamson & Co."
◍ "Naturex S.A."
◍ "Kalsec Inc."
◍ "Chr. Hansen Holding A/S"
◍ "FMC Corporation"
◍ "Wild Flavors"
The Annatto Color Extract Market features key players like Fiorio Colori, Sensient, D.D. Williamson, Naturex, Kalsec, Chr. Hansen, FMC, and Wild Flavors. These companies innovate product offerings and expand applications, enhancing market growth. Sales revenues include: Sensient (~$1.3B), Chr. Hansen (~$1.5B), and D.D. Williamson (~$150M).
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Market Segmentation
By Application
"Manual Food"
"Industrial Food"
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By Product
"Yellow"
"Orange"
Market Growth
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$ X Billion USD
