Global Anthocyanin Market Growth 2023-2029

Global Anthocyanin Market Growth 2023-2029

Anthocyanin powder is utilized as coloring agent in various foods and beverages. It is an odorless and flavorless flavonoid pigment present in vegetables and fruits including beets, purple grapes, cabbage and berries, commonly in soft drinks, Jams & Jellies, Sugar Confectioneries and Frozen Products.

LPI (LP Information)' newest research report, the “Anthocyanin Industry Forecast” looks at past sales and reviews total world Anthocyanin sales in 2022, providing a comprehensive analysis by region and market sector of projected Anthocyanin sales for 2023 through 2029. With Anthocyanin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Anthocyanin industry.

This Insight Report provides a comprehensive analysis of the global Anthocyanin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Anthocyanin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Anthocyanin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anthocyanin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Anthocyanin.

The global Anthocyanin market size is projected to grow from US$ 422.7 million in 2022 to US$ 509.5 million in 2029; it is expected to grow at a CAGR of 509.5 from 2023 to 2029.

Europe was the largest regional anthocyanin market in 2014 and is expected to witness significant growth over the forecast period owing to growing preference for naturally derived antioxidants in the region. Ireland and UK are anticipated to be the frontrunners in the European market owing to increasing food and beverages demand in these regions. Europe was closely followed by North America which is presumed to witness considerable growth owing to increasing natural colorants and viscosity modifiers demand. U.S. is anticipated to be the frontrunner in the region owing to increasing anthocyanin demand in food applications. Asia Pacific is projected to witness significant growth owing to shifting consumer preferences towards healthy packaged food products. China and India are anticipated to be the frontrunners in the region owing to increasing food and beverages demand coupled with growing consumer disposable income. South America is presumed to witness considerable growth in anthocyanin market owing to increasing healthy product demand in form of capsules and beverages. Future demand is expected to come from emerging economies including Mexico, Brazil, China and India.

This report presents a comprehensive overview, market shares, and growth opportunities of Anthocyanin market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Grapeskin
Black Carrots
Tomatoes
Blueberry
Red Beans

Segmentation by application
Colors
Viscosity Modifier
Natural Colorants
Anti-oxidants

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Iprona AG
Albemarle
Akzo Nobel
Chr. Hansen
The Good Scents Company
Lake International Technologies
DW, The Colour House
Biolink Group AS
AoSen Bio-Tech Industry
JF Natural

Key Questions Addressed in this Report

What is the 10-year outlook for the global Anthocyanin market?

What factors are driving Anthocyanin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Anthocyanin market opportunities vary by end market size?

How does Anthocyanin break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.