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Lucintel Forecasts Annatto Market To Grow A Cagr Of 4%-5%
According to the recent study the annatto market is projected to grow at a CAGR of 4%-5% from 2020 to 2025. Growth in this market is primarily driven by growing demand for increasing demand and consumer preference for minimally processed foods and health promoting properties of natural colorants.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in annatto market by application (food and beverage, natural fabric, and cosmetic), product type (oil soluble, water soluble, and emulsified annatto), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link – https://www.lucintel.com/annatto-market.aspx
“Food and beverage market is expected to remain the largest segment during the forecast period.”
Based on application, the annatto market is segmented into food and beverage, natural fabric, and cosmetic. Lucintel forecasts that the food and beverage is expected to witness the largest segment over the forecast period due to growing usage ...
... of natural food colorants in processed food.
Download Brochure of this report by clicking on https://www.lucintel.com/annatto-market.aspx
Major players of annatto market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. AICACOLOR, Hansen, Biocon Del Peru, and DDW are among the major annatto providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/annatto-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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