| Product Code: ETC6735503 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
China annatto import shipments in 2024 continued to show strong growth with a CAGR of 16.57% from 2020 to 2024. Despite a slight dip in growth rate from 2023 to 2024 at -11.5%, the market remains concentrated with top exporting countries including Myanmar, India, Indonesia, Thailand, and Vietnam. The high Herfindahl-Hirschman Index (HHI) in 2024 indicates a significant level of market concentration, suggesting potential challenges and opportunities for both suppliers and buyers in the annatto trade industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China ANNATTO Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China ANNATTO Market Revenues & Volume, 2021 & 2031F |
3.3 China ANNATTO Market - Industry Life Cycle |
3.4 China ANNATTO Market - Porter's Five Forces |
3.5 China ANNATTO Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China ANNATTO Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China ANNATTO Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of annatto as a natural food coloring |
4.2.2 Growth in the food and beverage industry in China, leading to higher demand for natural colorants like annatto |
4.2.3 Rising disposable incomes and changing consumer preferences towards clean-label and natural products |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of annatto production |
4.3.2 Stringent regulations and certifications required for the use of natural colorants in food products in China |
4.3.3 Competition from synthetic food colorants affecting the market penetration of annatto |
5 China ANNATTO Market Trends |
6 China ANNATTO Market, By Types |
6.1 China ANNATTO Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China ANNATTO Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 China ANNATTO Market Revenues & Volume, By Oil-soluble, 2021- 2031F |
6.1.4 China ANNATTO Market Revenues & Volume, By Water-soluble, 2021- 2031F |
6.1.5 China ANNATTO Market Revenues & Volume, By Emulsified, 2021- 2031F |
6.2 China ANNATTO Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China ANNATTO Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.3 China ANNATTO Market Revenues & Volume, By Natural Fabric industry, 2021- 2031F |
6.2.4 China ANNATTO Market Revenues & Volume, By Cosmetic industry, 2021- 2031F |
7 China ANNATTO Market Import-Export Trade Statistics |
7.1 China ANNATTO Market Export to Major Countries |
7.2 China ANNATTO Market Imports from Major Countries |
8 China ANNATTO Market Key Performance Indicators |
8.1 Consumer acceptance and demand for clean-label products containing annatto |
8.2 Adoption rate of annatto by food and beverage manufacturers in new product development |
8.3 Number of research studies supporting the health benefits of annatto as a natural food coloring option |
9 China ANNATTO Market - Opportunity Assessment |
9.1 China ANNATTO Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China ANNATTO Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China ANNATTO Market - Competitive Landscape |
10.1 China ANNATTO Market Revenue Share, By Companies, 2024 |
10.2 China ANNATTO Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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