The global anthocyanin market had a valuation of USD 420.0 Million in 2022 and is anticipated to achieve USD 651.56 Million by 2032, with a projected revenue compound annual growth rate (CAGR) of 5% over the forecast period. The primary driver behind this market revenue expansion is the increasing adoption of natural food colorant anthocyanin.
As individuals become more health-conscious and show a preference for products devoid of artificial additives, there is a growing demand for natural food coloring agents. A variety of fruits and vegetables, including blueberries, grapes, and red cabbage, can be utilized to extract anthocyanin, a natural food colorant. This substance is frequently employed in products like jams, jellies, yogurt, and beverages to enhance their color and overall visual appeal.
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Top Companies Operating in the Global Anthocyanin Market Report:
· GNT Group
· Naturex S.A.
· Kalsec Inc.
· Archer Daniels Midland Company
· Chr. Hansen Holding A/S
· D.D. Williamson & Co., Inc.
· SENSIENT Technologies Corporation
· Roha Dyechem Pvt. Ltd.
· Kerry Group
· Frutarom Industries Ltd.
Anthocyanin Market Growth
· Increasing Health Awareness: Consumer awareness of the health benefits associated with anthocyanins, such as their antioxidant properties, anti-inflammatory effects, and potential cardiovascular benefits, was driving demand for products containing these compounds.
· Growing Demand for Natural Ingredients: With a growing preference for natural and clean-label ingredients in food and beverages, there was an increased demand for natural colorants like anthocyanins as alternatives to synthetic additives.
· Functional Foods and Beverages: Anthocyanins were being incorporated into various functional food and beverage products, including juices, smoothies, supplements, and snacks, to enhance their nutritional profiles.
· Cosmetics and Personal Care: The cosmetic and personal care industry was also showing interest in anthocyanins due to their potential skincare benefits and use as natural colorants in cosmetics.
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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.
The global Anthocyanin market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Source Outlook:
- Fruits
- Vegetables
- Flowers
- Others
`Application Outlook:
- Food & Beverages
- Pharmaceuticals
- Cosmetics
- Others
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