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Anthocyanin Market Trends

Report ID: GMI7875
Published Date: Jan 2024
Report Format: PDF

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Anthocyanin Market Trends

Current trends in the anthocyanin industry reflect a growing consumer preference for natural and health-oriented products. Anthocyanins, known for their antioxidant properties and vibrant natural colors, are increasingly utilized in various industries. The food and beverage sector witnesses a rising demand for anthocyanins as natural colorants, aligning with the clean-label trend. Moreover, the cosmetic and pharmaceutical industries are incorporating these compounds due to their perceived health and skincare benefits.

The market is also witnessing innovations in extraction technologies, addressing challenges related to stability and cost-effectiveness. As the focus on plant-based diets continues to intensify, anthocyanins, sourced from fruits and vegetables, are well-positioned to further penetrate diverse applications, contributing to the overall growth and diversification of the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of anthocyanin reached USD 626.1 million in 2023 and is set to cross USD 930.4 million by 2032, owing to their antioxidant properties for contributing to potential health benefits, and the rising consumer demand worldwide.

The fruits source segment recorded USD 246.4 million in 2023, attributed to fruits, such as berries, grapes and cherries, being a rich source of natural pigments.

U.S. market size recorded USD 162.1 million in 2023, due to the presence of robust agricultural sector, advanced technological capabilities, and the growing emphasis on natural and health-oriented products.

Beton Nutrition Co Ltd, Biogold Industries LLP, California Natural Colors Inc., Cayman Chemical Company, Chr. Hansen, DDW Color, EBC Ingredients, Extrasynthese, Givaudan, Kanegrade Ltd, Naturex, and Organic Herb Inc. are some of the major anthocyanin companies worldwide.