Among all the regions, the market in Europe is expected to showcase exponential growth during the forecast period. The region generated USD 70.8 million in terms of revenue in 2019 and is expected to hold the highest position in the global market. This is attributable to the increasing consumption of natural food products over artificial food products in countries such as the U.K., Germany, and others in the region.<\/span><\/p>\n

North America will experience considerable growth owing to the increasing focus on launching food products containing natural colorants sourced from annatto in countries such as the U.S. and Canada between 2020 and 2027.<\/span><\/p>\n

Major Companies Focus on Product Expansion to Strengthen Their Market Positions<\/b><\/h2>\n

The market comprises several companies that are striving to maintain their presence and gain a competitive edge by focusing on expanding their product portfolios. These companies are developing innovative food products sourced from naturally occurring sources such as annatto. The adoption of strategies such as partnership, merger and acquisition, and collaboration by the major companies are anticipated to favor the growth of the global natural Annatto Industry in the forthcoming years.<\/span><\/p>\n

The study\u00a0Annatto Industry Size offers data-driven insights and guidance of several aspects. Some of the more notable questions are:<\/b><\/p>\n

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• What are the major recent trends\u00a0Annatto Industry Size that can influence the product life cycle and the RoI?<\/span><\/li>\n
• Which regulatory trends shape corporate-level, business-level, and functional-level strategies?<\/span><\/li>\n
• Which micro Market initiatives of leading players will bring in investments in\u00a0Annatto Industry Size?<\/span><\/li>\n
• What can be the best\u00a0Annatto Industry Size framework and tools for PESTLE analysis?<\/span><\/li>\n<\/ul>\n

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   <\/p>\n","protected":false},"excerpt":{"rendered":"

  Annatto is generally a food coloring agent sourced from the achiote tree seeds. They impart an orange or yellow color to the food products and […]<\/p>\n","protected":false},"author":1,"featured_media":113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home"],"yoast_head":"\n