Anthocyanins Market

Anthocyanin Market Size (2024 to 2029)

Anthocyanin Market size was worth USD 332.87 million in 2024 and is expected to grow at a compound annual rate of 4.6%, to reach USD 416.80 million in 2029.

Anthocyanin is the form of flavonoid and is an excellent class of pigments of vegetable origin and is used as natural colorants in many industries. It has no smell or taste, and its colour varies from red, and purple to blue. Anthocyanin is a water-soluble pigment that is mainly used in the food and beverage industry as a colorant. There are numerous health advantages associated with anthocyanin, and it acts as an antioxidant. Anthocyanin is extracted from red, purple, or blue fruits and vegetables. Berries, aubergines, cherries, mangoes, blueberries, raspberries, plums, black currants, asparagus, olives, oranges, figs, radishes, red cabbage, pomegranates, black beans, black rice, red beans, beets, and red peaches are among the sources containing anthocyanins. It has a wide application in the pharmaceutical industry. Today, people are more concerned about their health, which increases the demand for healthy food and drinks on the market. Most food processors use food additives to make their products measure up to the industry. To meet the demand of health-conscious customers, food and beverage manufacturers prefer natural dyes that stimulate the global anthocyanin market. 

MARKET DRIVERS AND RESTRAINTS:

The global anthocyanin market has seen a critical increase in the past two years, due to increased vigilance regarding anthocyanin's medical benefits and its increasing range of applications at various companies. Strengthening nation-building monetary states, for example, India, China, Brazil, and Argentina in previous years and the resulting increase in buyer influence has helped increase the use of anthocyanin-rich nutrients in these nations. The use of anthocyanin-rich items is further attributed to buyers' lifestyle change, which is, therefore driven by the increasing awareness of wellness and health among buyers. As indicated by a distributed review, regular anthocyanin intake helps reduce the danger of coronary artery disease, and respiratory disorder, and, like most different cell boosters, helps anticipate malignant growth and combat oxidative damage between distinct advantages. Most shoppers look for foods that meet their need to maintain a stable lifestyle, and most items lack this healthy property. Taking anthocyanin into account as a colorant will help dimension an item's medical benefits to give it a more extensive customer base.

The expansion of the scope of reputable pharmaceuticals and drugs is being evaluated to strengthen the development of the global anthocyanin market over the estimated period. Unmatched properties, for example, enhanced microcirculation, microbial hostility, calming and anti-hypersensitivity combined with additional medical benefits, aim to extend market development in this section over some time. Anthocyanin has been found to be potent in conditions such as malignant growth, diabetes, psychological decline, and some cardiovascular diseases. Rapid urbanization and the expansion of disposable income are different elements that are expected to drive the anthocyanin market, particularly in growing economies, for example, China, India and Brazil during the reference period. Furthermore, the evolution of consumption patterns combined with an increase in the demand for reliable food products is another factor that should boost the demand for anthocyanins in the next seven years. There are plans to shift customer preferences to healthy and attractive group products and beverages to stimulate the development of natural product concentrates. 

REPORT COVERAGE: 

SEGMENTAL ANALYSIS

Global Anthocyanins Market Analysis By Product Type:

• Cyanidin                                                   
• Malvidin                                                                                                 
• Peonidin                                                  
• Others

Global Anthocyanins Market Analysis By Application Type:                                                                      

• Food Beverage                                                      
• Pharmaceutical Products                                                  
• Personal Care                                                        
• Others

REGIONAL ANALYSIS

The European Anthocyanins market is one of the leading regional markets for this business in terms of income generation in the world. It is estimated to have the highest proportion of income and is anticipated to maintain market strength throughout the outlook period. The United Kingdom is the leader in the European market. However, the use of anthocyanins in the area has decreased after the implementation of strict principles and guidelines for the usage of modified food dyes in different items. In Europe, each regular food grade that has been confirmed is evaluated by the Scientific Committee on Food (SCF), which includes a group of logical specialists from each State Party delegated by the European Commission. This is necessary to cause a slight decrease in the local supply in the global anthocyanin market by 2026. Asia-Pacific becomes the next high-potential customer during the period between 2020 and 2026. The anthocyanin market in the Asia Pacific shows a very promising and significant CAGR during this period.

The North American market currently leads the anthocyanin market, with the United States and Canada being the leading proponents of the high demand for the equivalent. Furthermore, some organizations working in the anthocyanin field also have extreme proximity in the region. Additionally, due to the overwhelming proximity of food and beverages, individual consideration, and pharmaceutical companies in the United States, customers have broad access to a variety of anthocyanin-impregnated items. The demand for anthocyanins in North America is necessary to observe significant flooding in the middle of the estimated period.

KEY PLAYERS IN ANTHOCYANINS MARKET

Key Players In Anthocyanins Market Are Archer Daniels Midlands Co, Symrise A.G, Naturex S.A, CHR Hansen A/S, Sensient Technologies Corp, D.D. Williamson and Co. Inc, Kalsec Inc, FMC Corporation, Synthite Industries, GNT Group.

RECENT HAPENINGS IN THE MARKET

• In March 2019, Chicago-based Archer Daniels Midland (ADM) had announced that it had signed an agreement to acquire the Ziegler Group, a European supplier of ingredients with a natural citrus flavour. The deal comes shortly after ADM completed the acquisition of Winter Haven, a Florida-based citrus flavour supplier, Florida Chemical Co. The combination of Ziegler and Florida Chemical will immediately position ADM for growth as the world leader in natural citrus ingredients, with a full range of innovative citrus solutions and systems for food, beverage and perfume.

• In March 2017, FMC Corporation announced that it had acquired part of DuPont's Crop Protection business. This acquisition will expand its portfolio, and FMC will take advantage of DuPont's R&D capabilities and pipeline and formulation expertise to the extent that it will better serve its customers.

DETAILED SEGMENTATION OF GLOBAL ANTHOCYANINS MARKET INCLUDED IN THIS REPORT    

This research report on the Global Anthocyanins Market has been segmented and sub-segmented based on Product Type, Application & region.      

By Type:

• Cyanidin                                                   
• Malvidin                                                                                                 
• Peonidin                                                  
• Others

By Application:                                                                      

• Food Beverage                                                      
• Pharmaceutical Products                                                  
• Personal Care                                                        
• Others

 By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa