Global Anthocyanin Market Size Study, by Product Type (Cyanidin, Delphinidin, Malvidin, Pelargonidin, Peonidin, Petunidin), by Source (Cereals, Flowers, Fruits & Vegetables, Legumes), by End User (Cosmetics & Personal Care, Food & Beverage, Nutraceutical,

Global Anthocyanin Market Size Study, by Product Type (Cyanidin, Delphinidin, Malvidin, Pelargonidin, Peonidin, Petunidin), by Source (Cereals, Flowers, Fruits & Vegetables, Legumes), by End User (Cosmetics & Personal Care, Food & Beverage, Nutraceutical, Pharmaceutical, Textile) and Regional Forecasts 2022-2032

Global Anthocyanin Market is valued at USD 392.12 million in 2023 and is anticipated to grow with a healthy growth rate of more than 6.05% over the forecast period 2024-2032. Anthocyanins are water-soluble pigments found in various fruits, vegetables, cereals, and flowers, and are extensively utilized in the food and beverage industry to enhance product visual appeal. Consumer awareness regarding the health benefits of anthocyanin intake, such as improved eye health, anti-inflammatory effects, and cardiovascular benefits, significantly propels market growth. Furthermore, the preference for natural over synthetic products is surging, driven by holistic and preventive healthcare trends, further fueling the demand for anthocyanin-based products.

However, the high cost associated with extracting anthocyanins from certain natural sources poses a substantial challenge for manufacturers. Despite this, advancements in extraction technologies aimed at reducing costs and improving quality are creating lucrative growth opportunities. The food and beverage industry continues to be a dominant end-user segment, leveraging anthocyanins for their coloring and health benefits. Additionally, the expanding application scope in cosmetics and personal care products, driven by consumer preference for natural and organic ingredients, enhances market prospects.

The anthocyanin market is further segmented based on product types, sources, and end-users. Prominent product types include cyanidin, known for its antioxidant properties, delphinidin, valued for its anti-inflammatory benefits, and malvidin, which is widely used in red wines for its cardiovascular advantages. Fruits and vegetables remain the most significant sources of anthocyanins, with berries, cherries, and red cabbage being highly sought after. The end-user landscape encompasses the cosmetics and personal care industry, the food and beverage sector, and the pharmaceutical industry, among others.

The key regions considered for the global Anthocyanin Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America leads the global market, driven by high consumer awareness and demand for natural health products, along with the stringent regulations favoring natural additives. Whereas, the Asia-Pacific region, particularly countries like China, Japan, and India, showcases robust growth prospects due to a strong tradition of using anthocyanin-rich ingredients in traditional medicine and a burgeoning consumer base seeking wellness products.

Major market players included in this report are:

Archer-Daniels-Midland Company

BASF SE

Chr. Hansen Holding A/S

Clariant AG

DuPont de Nemours, Inc.

D?hler 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.

The detailed segments and sub-segment of the market are explained below:

By Product Type:
• Cyanidin
• Delphinidin
• Malvidin
• Pelargonidin
• Peonidin
• Petunidin

By Source:
• Cereals
• Flowers
• Fruits & Vegetables
• Legumes

By End User:
• Cosmetics & Personal Care
• Food & Beverage
• Nutraceutical
• Pharmaceutical
• Textile

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC

Latin America
• Brazil
• Mexico
• RoLA

Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

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