The Global Anthocyanin Market Size accounted for USD 321.2 Million in 2022 and is estimated to achieve a market size of USD 517.4 Million by 2032 growing at a CAGR of 4.9% from 2023 to 2032.
Anthocyanin Market Highlights
- Global anthocyanin market revenue is poised to garner USD 517.4 million by 2032 with a CAGR of 4.9% from 2023 to 2032
- Europe anthocyanin market value occupied around USD 119 million in 2022
- Asia-Pacific anthocyanin market growth will record a CAGR of more than 5.5% from 2023 to 2032
- Among product, the cyanidin sub-segment generated over US$ 96.3 million revenue in 2022
- Based on application, the food & beverage industry sub-segment generated around 25% share in 2022
- Innovations in packaging and formulations to enhance anthocyanin stability in products is a popular anthocyanin market trend that fuels the industry demand
Anthocyanin, a water-soluble phytochemical, imparts a regular red to blue hue. This flavorless and odorless flavonoid is commonly found in various fruits and vegetables, including berries, cabbage, purple grapes, and beets. Functioning as an antioxidant, anti-allergic, anti-inflammatory, antimicrobial agent, and microcirculation enhancer, anthocyanin plays a pivotal role in various industries, notably in food and beverages as a natural colorant.
Its multifaceted health benefits, encompassing anti-allergic, antimicrobial, anti-inflammatory, and antioxidant properties, position it as a crucial ingredient in numerous food products. The global demand for anthocyanin primarily stems from the increasing need for natural color additives in the food and beverage sector. As the demand for healthier food options rises, the usage of anthocyanin as a food colorant is expected to grow significantly. Its broad spectrum of health benefits suggests that it may become the preferred choice for colorants due to its extensive advantages compared to other alternatives.
Global Anthocyanin Market Dynamics
Market Drivers
- Growing consumer preference for natural and plant-based products
- Increased awareness about the health benefits of anthocyanin-rich foods
- Rising demand for natural colorants in the food and beverage industry
- Expanding research highlighting anthocyanin's potential health advantages
Market Restraints
- Limited availability and sourcing complexities of anthocyanin-rich sources
- Challenges related to stability and shelf life of anthocyanin in food applications
- Regulatory hurdles and standards for using natural colorants in various regions
Market Opportunities
- Expanding applications in pharmaceuticals and nutraceuticals due to health benefits
- Advancements in extraction techniques to improve anthocyanin yield and quality
- Growing market opportunities in developing regions for natural food colorants
Anthocyanin Market Report Coverage
Market |
Anthocyanin Market
|
Anthocyanin Market Size 2022 |
USD 321.2 Million |
Anthocyanin Market Forecast 2032 |
USD 517.4 Million |
Anthocyanin Market CAGR During 2023 - 2032 |
4.9% |
Anthocyanin Market Analysis Period |
2020 - 2032 |
Anthocyanin Market Base Year
|
2022 |
Anthocyanin Market Forecast Data |
2023 - 2032 |
Segments Covered |
By Product, By Source, By Application, And By Geography
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Archer Daniels Midlands Co, CHR Hansen A/S, D.D. Williamson and Co. Inc., FMC Corporation, GNT Group, Kalsec Inc., Naturex S.A., Sensient Technologies Corp, Symrise A.G., Synthite Industries, Lake International Technologies, and The Good Scents Company.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Anthocyanin Market Insights
The global anthocyanin market has experienced significant growth in recent years due to increased awareness of the health benefits associated with anthocyanin and its expanding range of applications across various industries. The improved economic conditions in developing nations like India, China, Brazil, and Argentina, coupled with increased consumer purchasing power, have driven the consumption of anthocyanin-rich foods in these countries.
The rising utilization of anthocyanin-rich products is also attributed to shifting consumer lifestyles, fueled by growing health consciousness. Studies indicate that regular consumption of anthocyanin aids in reducing the risk of heart disease, respiratory disorders, and acts as an antioxidant, potentially preventing cancer and combating oxidative damage, among other benefits. Consumers seek food products that contribute to a healthy lifestyle, but many lack these health-promoting properties. Incorporating anthocyanin as a colorant not only enhances product appeal but also augments its health benefits, expanding its consumer base.
The anthocyanin market is projected to experience strengthened growth over the forecast period, primarily due to its expanding application scope in pharmaceuticals and specialty drugs. Its remarkable properties, such as microcirculation enhancement, antimicrobial, anti-inflammatory, and anti-allergic attributes, along with additional health benefits, are expected to drive market growth in this segment.
Anthocyanin has shown effectiveness in treating various ailments, including cancer, diabetes, cognitive decline, and several cardiovascular diseases. Factors like rapid urbanization, increasing disposable income, particularly in emerging economies like China, India, and Brazil, are anticipated to propel anthocyanin market growth. Moreover, changing consumption patterns and the rising demand for healthier food choices are additional factors expected to drive anthocyanin demand over the next seven years. Shifting consumer preferences towards healthier and visually appealing packaged food and beverage products are predicted to drive fruit extracts' growth.
Anthocyanin Market Segmentation
The worldwide market for anthocyanin is split based on product, source, application, end-user, and geography.
Anthocyanin Products
- Cyanidin
- Delphinidin
- Malvidin
- Pelargonidin
- Peonidin
- Petunidin
Cyanidin leads the anthocyanin market due to its ubiquitous prevalence in fruits and vegetables such as berries, apples, and grapes. Its prevalence contributes to its dominance among anthocyanin subclasses. Cyanidin's abundance in nature, combined with its particular antioxidant qualities, places it as a market favourite. Its adaptability in numerous food and beverage applications, as well as its recognised health benefits, reinforce its position as the key category, commanding a significant portion of the anthocyanin market.
Anthocyanin Sources
- Cereals
- Flowers
- Fruits
- Legumes
- Vegetables
Among the various sources in the anthocyanin market, fruits stand out as the leading segment. Fruits like berries, grapes, cherries, and pomegranates boast rich concentrations of Anthocyanin, contributing vibrant colors and potential health benefits. These fruits are not only highly accessible but also widely consumed, driving the significant presence of Anthocyanin in this segment. The versatile nature of Anthocyanin in fruits makes it a favored choice for various applications in food, beverages, and nutraceuticals, solidifying its leadership in the market.
Anthocyanin Applications
- Food & Beverage Industry
- Personal Care
- Animal Feed
- Cosmetics
- Nutraceutical Industry
- Pharmaceutical Industry
According to the anthocyanin industry analysis, among various application, the food and beverages industry held a leading position in the market and is anticipated to maintain this dominance throughout the foreseeable future. It contributed significantly to the global market revenues in the previous period and is expected to sustain its prominence. Anthocyanin finds extensive applications in a wide array of food and beverage products, surpassing its use in other key industries.
Moreover, owing to the therapeutic effects of anthocyanin, attributed to its anti-oxidative, neuroprotective, and anti-cancer properties, its application in pharmaceutical products has surged. This surge in demand has positioned the pharmaceutical sector as a significant contributor to the growth of the global anthocyanin market. Consequently, the pharmaceutical segment is considered the most attractive application sector, expected to exhibit promising growth in the anthocyanin market forecast years.
Anthocyanin Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Anthocyanin Market Regional Analysis
Europe emerges as the largest region in the anthocyanin market due to the strong demand for natural colourants in the food and beverage industries. With a strong emphasis on healthy product formulations, European customers drive the significant use of anthocyanin in a variety of applications, further cementing the region's supremacy.
North America ranks second in the anthocyanin market, owing to the increasing use of natural components in food products. The region's preference for functional foods and beverages, combined with rising health consciousness, drives the utilization of anthocyanin-rich sources.
Asia-Pacific is the fastest-growing region in the anthocyanin market, owing to rising consumer awareness of health advantages and increased demand for natural colourants. Rapid urbanization, lifestyle changes, and a growing middle class all contribute to the region's rapid development in anthocyanin usage across a variety of industries.
Anthocyanin Market Players
Some of the top anthocyanin companies offered in our report includes Archer Daniels Midlands Co, CHR Hansen A/S, D.D. Williamson and Co. Inc., FMC Corporation, GNT Group, Kalsec Inc., Naturex S.A., Sensient Technologies Corp, Symrise A.G., Synthite Industries, Lake International Technologies, and The Good Scents Company.
CHAPTER 1. Industry Overview of Anthocyanin Market
1.1. Definition and Scope
1.1.1. Definition of Anthocyanin
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Anthocyanin Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Anthocyanin Market By Product
1.2.3. Anthocyanin Market By Source
1.2.4. Anthocyanin Market By Application
1.2.5. Anthocyanin Market By End-User
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Anthocyanin Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Anthocyanin Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Anthocyanin Market By Product
5.1. Introduction
5.2. Anthocyanin Revenue By Product
5.2.1. Anthocyanin Revenue (USD Million) and Forecast, By Product, 2020-2032
5.2.2. Cyanidin
5.2.2.1. Cyanidin Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.3. Delphinidin
5.2.3.1. Delphinidin Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.4. Malvidin
5.2.4.1. Malvidin Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.5. Pelargonidin
5.2.5.1. Pelargonidin Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.6. Peonidin
5.2.6.1. Peonidin Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.7. Petunidin
5.2.7.1. Petunidin Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 6. Anthocyanin Market By Source
6.1. Introduction
6.2. Anthocyanin Revenue By Source
6.2.1. Anthocyanin Revenue (USD Million) and Forecast, By Source, 2020-2032
6.2.2. Cereals
6.2.2.1. Cereals Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.3. Flowers
6.2.3.1. Flowers Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.4. Fruits
6.2.4.1. Fruits Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.5. Legumes
6.2.5.1. Legumes Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.6. Vegetables
6.2.6.1. Vegetables Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 7. Anthocyanin Market By Application
7.1. Introduction
7.2. Anthocyanin Revenue By Application
7.2.1. Anthocyanin Revenue (USD Million) and Forecast, By Application, 2020-2032
7.2.2. Food & Beverage Industry
7.2.2.1. Food & Beverage Industry Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.3. Personal Care
7.2.3.1. Personal Care Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.4. Animal Feed
7.2.4.1. Animal Feed Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.5. Cosmetics
7.2.5.1. Cosmetics Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.6. Nutraceutical Industry
7.2.6.1. Nutraceutical Industry Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.7. Pharmaceutical Industry
7.2.7.1. Pharmaceutical Industry Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 8. North America Anthocyanin Market By Country
8.1. North America Anthocyanin Market Overview
8.2. U.S.
8.2.1. U.S. Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
8.2.2. U.S. Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
8.2.3. U.S. Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
8.3. Canada
8.3.1. Canada Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
8.3.2. Canada Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
8.3.3. Canada Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
8.4. North America PEST Analysis
CHAPTER 9. Europe Anthocyanin Market By Country
9.1. Europe Anthocyanin Market Overview
9.2. U.K.
9.2.1. U.K. Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
9.2.2. U.K. Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
9.2.3. U.K. Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
9.3. Germany
9.3.1. Germany Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
9.3.2. Germany Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
9.3.3. Germany Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
9.4. France
9.4.1. France Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
9.4.2. France Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
9.4.3. France Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
9.5. Spain
9.5.1. Spain Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
9.5.2. Spain Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
9.5.3. Spain Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
9.6. Rest of Europe
9.6.1. Rest of Europe Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
9.6.2. Rest of Europe Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
9.6.3. Rest of Europe Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Anthocyanin Market By Country
10.1. Asia Pacific Anthocyanin Market Overview
10.2. China
10.2.1. China Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
10.2.2. China Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
10.2.3. China Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
10.3. Japan
10.3.1. Japan Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
10.3.2. Japan Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
10.3.3. Japan Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
10.4. India
10.4.1. India Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
10.4.2. India Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
10.4.3. India Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
10.5. Australia
10.5.1. Australia Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
10.5.2. Australia Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
10.5.3. Australia Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
10.6. South Korea
10.6.1. South Korea Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
10.6.2. South Korea Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
10.6.3. South Korea Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
10.7.2. Rest of Asia-Pacific Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
10.7.3. Rest of Asia-Pacific Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Anthocyanin Market By Country
11.1. Latin America Anthocyanin Market Overview
11.2. Brazil
11.2.1. Brazil Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
11.2.2. Brazil Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
11.2.3. Brazil Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
11.3. Mexico
11.3.1. Mexico Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
11.3.2. Mexico Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
11.3.3. Mexico Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
11.4. Rest of Latin America
11.4.1. Rest of Latin America Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
11.4.2. Rest of Latin America Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
11.4.3. Rest of Latin America Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Anthocyanin Market By Country
12.1. Middle East & Africa Anthocyanin Market Overview
12.2. GCC
12.2.1. GCC Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
12.2.2. GCC Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
12.2.3. GCC Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
12.3. South Africa
12.3.1. South Africa Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
12.3.2. South Africa Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
12.3.3. South Africa Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Anthocyanin Revenue (USD Million) and Forecast By Product, 2020-2032
12.4.2. Rest of Middle East & Africa Anthocyanin Revenue (USD Million) and Forecast By Source, 2020-2032
12.4.3. Rest of Middle East & Africa Anthocyanin Revenue (USD Million) and Forecast By Application, 2020-2032
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Anthocyanin Market
13.1. Anthocyanin Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Anthocyanin Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Archer Daniels Midlands Co
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Million), 2022
14.1.3.2. Archer Daniels Midlands Co 2022 Anthocyanin Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. CHR Hansen A/S
14.3. D.D. Williamson and Co. Inc.
14.4. FMC Corporation
14.5. GNT Group
14.6. Kalsec Inc.
14.7. Naturex S.A.
14.8. Sensient Technologies Corp
14.9. Symrise A.G.
14.10. Synthite Industries
14.11. Lake International Technologies
14.12. The Good Scents Company