Annatto global market research report 2023-2030 with focus on 45+ players including archer daniels midland, biocon, chr. hansen, ddw the colour house, and kalsec

Dublin, aug. 28, 2024 (globe newswire) -- the "annatto - global strategic business report" report has been added to researchandmarkets.com's offering. the global market for annatto was estimated at us$246.1 million in 2023 and is projected to reach us$354.4 million by 2030, growing at a cagr of 5.4% from 2023 to 2030. this comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. the growing consumer demand for clean label products, which are free from artificial ingredients and additives, has significantly boosted the adoption of annatto. as health-conscious consumers become more aware of the potential risks associated with synthetic dyes, they are gravitating towards natural alternatives like annatto, which is perceived as safer and healthier.
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