The annatto extract market size is USD 256.2 Mn in 2026.
The annatto extract market is projected to grow at a CAGR of 5% by 2033.
The annatto extract market growth drivers include rising demand for natural food colours, stringent regulations on synthetic additives, and growing use in cosmetics.
Europe is the dominating region for the annatto extract market.
Kalsec Inc., Givaudan, Symrise AG, International Flavors & Fragrances Inc. (IFF), and Naturex are some leading industry players in the annatto extract market.