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The Anthocyanin Market size was estimated at USD 370.31 million in 2022, USD 392.12 million in 2023, and is expected to grow at a CAGR of 6.03% to reach USD 591.75 million by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Anthocyanins are a class of water-soluble pigments that belong to the flavonoid group of compounds. Anthocyanins are responsible for the purple, blue, and red colors found in many fruits, vegetables, cereals, and flowers. Chemically, anthocyanins are glycosides of anthocyanidins, which are the basic aglycone molecules. In the food and beverage industry, anthocyanins are used to improve the visual appeal of products, including juices, wines, and confectionaries. Growing customer awareness about the health benefits of anthocyanin intake propels market growth. In addition, the surge in preference for natural over synthetic products enhances the demand for anthocyanin-based offerings. However, the cost of extracting anthocyanin, especially from certain natural sources, can be prohibitive for many manufacturers. Furthermore, the development of stable and efficient extraction methods that could lower production costs and improve quality creates lucrative opportunities for market growth.
Regional Insights
In the United States and Canada, the market for anthocyanins has been witnessing an upward trend due to growing awareness among consumers concerning the health benefits associated with these compounds. The high prevalence of lifestyle-related diseases and a shift towards plant-based nutrition are fueling demand for anthocyanin-rich products. In European Union countries, there is a strong demand for anthocyanins driven by the health-conscious populace and stringent regulations promoting natural additives in the food industry. The European Union's support for research into the functional properties of anthocyanins underscores the region's commitment to fostering innovation. Meanwhile, the Middle East and Africa are emerging markets with increasing investments from multinational corporations looking to capitalize on the shifting preferences towards health supplements and functional foods. The APAC region is marked by a robust demographic eager for wellness products, which significantly drives the anthocyanin market. Countries including China, Japan, and India showcase a heritage of using anthocyanin-rich ingredients in traditional medicine, which resonates with current consumer trends seeking natural and organic products.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Anthocyanin Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Anthocyanin Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Anthocyanin Market, highlighting leading vendors and their innovative profiles. These include American Color Research Center, Inc., Anthocyanin Naturals India Limited., Archer-Daniels-Midland Company, AromataGroup SRL, BASF SE, Chr. Hansen Holding A/S, Clariant AG, DuPont de Nemours, Inc., Döhler GmbH, Evonik Industries AG, FMC Corporation, Food Ingredient Solutions LLC by Oterra A/S, Givaudan, Hangzhou Skyherb Technologies Co., Ltd., International Flavors & Fragrances Inc., IPRONA SpA, Kalsec Inc., Kemin Industries, Inc., Lallemand Inc., Nanjing NutriHerb BioTech Co., Ltd., Sensient Technologies Corporation, Symrise AG, Syngenta AG, Synthite Industries Pvt. Ltd., and Vinayak Ingredients India Pvt. Ltd.Market Segmentation & Coverage
This research report categorizes the Anthocyanin Market to forecast the revenues and analyze trends in each of the following sub-markets:- Product Type
- Cyanidin
- Delphinidin
- Malvidin
- Pelargonidin
- Peonidin
- Petunidin
- Source
- Cereals
- Flowers
- Fruits & Vegetables
- Legumes
- End User
- Cosmetics & Personal Care
- Food & Beverage Industry
- Bakery & Confectionery
- Beverages
- Dairy-based Products
- Nutraceutical Industry
- Pharmaceutical Industry
- Textile Industry
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Anthocyanin Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Anthocyanin Market?
- What are the technology trends and regulatory frameworks in the Anthocyanin Market?
- What is the market share of the leading vendors in the Anthocyanin Market?
- Which modes and strategic moves are suitable for entering the Anthocyanin Market?
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Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Anthocyanin Market, by Product Type
7. Anthocyanin Market, by Source
8. Anthocyanin Market, by End User
9. Americas Anthocyanin Market
10. Asia-Pacific Anthocyanin Market
11. Europe, Middle East & Africa Anthocyanin Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
List of Figures
List of Tables
Companies Mentioned
- American Color Research Center, Inc.
- Anthocyanin Naturals India Limited.
- Archer-Daniels-Midland Company
- AromataGroup SRL
- BASF SE
- Chr. Hansen Holding A/S
- Clariant AG
- DuPont de Nemours, Inc.
- Döhler GmbH
- Evonik Industries AG
- FMC Corporation
- Food Ingredient Solutions LLC by Oterra A/S
- Givaudan
- Hangzhou Skyherb Technologies Co., Ltd.
- International Flavors & Fragrances Inc.
- IPRONA SpA
- Kalsec Inc.
- Kemin Industries, Inc.
- Lallemand Inc.
- Nanjing NutriHerb BioTech Co., Ltd.
- Sensient Technologies Corporation
- Symrise AG
- Syngenta AG
- Synthite Industries Pvt. Ltd.
- Vinayak Ingredients India Pvt. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 198 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 392.12 Million |
| Forecasted Market Value ( USD | $ 591.75 Million |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
