The global annatto market stood at a value of more than USD 231.15 Million in 2025. The market is further expected to grow at a CAGR of 5.10% in the forecast period of 2026-2035 to attain a value of over USD 380.12 Million by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.1%
Value in USD Million
2026-2035
*this image is indicative*
| Global Annatto Market Report Summary | Description | Value |
| Base Year | USD Million | 2025 |
| Historical Period | USD Million | 2019-2025 |
| Forecast Period | USD Million | 2026-2035 |
| Market Size 2025 | USD Million | 231.15 |
| Market Size 2035 | USD Million | 380.12 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 5.10% |
| CAGR 2026-2035 - Market by Region | Latin America | 5.4% |
| CAGR 2026-2035 - Market by Country | Mexico | 5.2% |
| CAGR 2026-2035 - Market by Country | USA | 4.5% |
| CAGR 2026-2035 - Market by Distribution Channel | Direct | 5.9% |
| CAGR 2026-2035 - Market by End User | Food Industry | 5.7% |
| Market Share by Country 2025 | Canada | 2.7% |
Based on nature, the organic segment accounts for a significant share in the market owing to the increasing inclination of consumers towards organic food products. The organically sourced ingredients involve the use of fewer pesticides and have high nutritional value. Organic annatto based food products boost immunity and possess various medicinal properties. Furthermore, the COVID-19 pandemic has propelled the demand for immunity boosting condiments among consumers, which has been bolstering the demand for organic annatto. This is aiding the growth of the segment.
The annatto industry in North America is driven by the rising demand for natural food colourants and condiments in countries like the United States and Canada. The growing demand for processed foods is aiding the product demand, as annatto based colours are mainly used in in food stuffs to provide yellow to orange reddish hues, such as in cheese making. The United States is one of the significant markets for the product globally, thereby propelling the industry growth in North America.
| 2025 Market Share by | Country |
| Canada | 2.7% |
| USA | XX% |
| UK | XX% |
| Germany | XX% |
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Annatto is defined as a dyestuff obtained from seeds of achiote tree, an American tropical tree which is also known as Bixa Orellana. It is a yellowish-red dyestuff that is often used in food dyes and polishes, mainly in applications including cheese making, fish processing, and confectionery.
Based on nature, the market can be segmented into:
The major forms of the product include:
Among these, the processed segment is further divided by type into liquid, powder, and extract.
The segmentation of the market, on the basis of product type, includes:
The significant end uses of annatto include:
By distribution channel, the market is segmented into:
Among these, the different types of indirect distribution channels include supermarket/hypermarket, convenience store, speciality store, and e-retailers.
The regional markets for the product include:
| CAGR 2026-2035 - Market by | End User |
| Food Industry | 5.7% |
| Retail | 4.6% |
| Cosmetic | XX% |
| CAGR 2026-2035 - Market by | Distribution Channel |
| Direct | 5.9% |
| Indirect | XX% |
| CAGR 2026-2035 - Market by | Region |
| Latin America | 5.4% |
| North America | 4.5% |
| Europe | XX% |
| Asia Pacific | XX% |
| Middle East and Africa | XX% |
| CAGR 2026-2035 - Market by | Country |
| Mexico | 5.2% |
| USA | 4.5% |
| UK | 4.3% |
| Australia | 4.2% |
| France | 3.7% |
| Canada | XX% |
| Germany | XX% |
| Italy | XX% |
| China | XX% |
| Japan | 3.5% |
| India | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
The global annatto industry is driven by the rising demand for annatto as a condiment as well as colouring agent in the food and beverage industry. Annatto is widely used as a food colourant in various industrialised and semi-industrialised foods such as cheese, ice-cream, bakery products, desserts, fruit fillings, butter, and margarines, among others. In addition to this, the rising application of annatto in the cosmetic industry is likely to propel its demand in the forecast period. Annatto possesses significant antioxidant properties due to the presence of carotenoids, terpenoids, flavonoids, and tocotrienols, which are extremely beneficial for the skin health. Hence, the market is likely to witness a significant growth in the forecast period.
The report gives a detailed analysis of the following key players in the global annatto market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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In 2025, the global annatto market attained a value of nearly more than USD 231.15 Million.
The market is estimated to grow at a CAGR of 5.10% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach over USD 380.12 Million by 2035.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the growing demand for food additives, growing consumption of processed food products, and the rising application of annatto in various industries.
The increasing inclination towards organic and natural food additives is expected to be a key trend guiding the growth of the industry.
Organic and conventional are the major segments based on nature.
Annatto-bixin and annatto-norbixin are the major forms of the product.
Raw and processed are the major types of the product in the market.
Food industry, cosmetic, and retail are the different end users of the product.
Direct and indirect are the different distribution channels of annatto.
The major players in the industry are Aarkay Food Products Ltd., Aicacolor S.A.C., Amerilure, Inc., Biocon Del Peru S.A., DDW, Inc., Frutarom Natural Solutions Ltd., Kalsec, Inc., Wild Flavors, Inc., Chr. Hansen Holding A/S, and Sensient Technologies Corporation, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Nature |
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| Breakup by Form |
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| Breakup by Product Type |
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| Breakup by End User |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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