Anthocyanin Market by Product Type, Source, End User

List of Tables

[198 Pages Report] The Anthocyanin Market size was estimated at USD 370.31 million in 2022 and expected to reach USD 392.12 million in 2023, at a CAGR 6.03% to reach USD 591.75 million by 2030.

Global Anthocyanin Market

KEY MARKET STATISTICS
Base Year [2022]	USD 370.31 million
Estimated Year [2023]	USD 392.12 million
Forecast Year [2030]	USD 591.75 million
CAGR (%)	6.03%

Anthocyanins are a class of water-soluble pigments that belong to the flavonoid group of compounds. Anthocyanins are responsible for the purple, blue, and red colors found in many fruits, vegetables, cereals, and flowers. Chemically, anthocyanins are glycosides of anthocyanidins, which are the basic aglycone molecules. In the food and beverage industry, anthocyanins are used to improve the visual appeal of products, including juices, wines, and confectionaries. Growing customer awareness about the health benefits of anthocyanin intake propels market growth. In addition, the surge in preference for natural over synthetic products enhances the demand for anthocyanin-based offerings. However, the cost of extracting anthocyanin, especially from certain natural sources, can be prohibitive for many manufacturers. Furthermore, the development of stable and efficient extraction methods that could lower production costs and improve quality creates lucrative opportunities for market growth.

Regional Insights

In the United States and Canada, the market for anthocyanins has been witnessing an upward trend due to growing awareness among consumers concerning the health benefits associated with these compounds. The high prevalence of lifestyle-related diseases and a shift towards plant-based nutrition are fueling demand for anthocyanin-rich products. In European Union countries, there is a strong demand for anthocyanins driven by the health-conscious populace and stringent regulations promoting natural additives in the food industry. The European Union's support for research into the functional properties of anthocyanins underscores the region's commitment to fostering innovation. Meanwhile, the Middle East and Africa are emerging markets with increasing investments from multinational corporations looking to capitalize on the shifting preferences towards health supplements and functional foods. The APAC region is marked by a robust demographic eager for wellness products, which significantly drives the anthocyanin market. Countries including China, Japan, and India showcase a heritage of using anthocyanin-rich ingredients in traditional medicine, which resonates with current consumer trends seeking natural and organic products.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Anthocyanin Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Anthocyanin Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Anthocyanin Market, highlighting leading vendors and their innovative profiles. These include American Color Research Center, Inc., Anthocyanin Naturals India Limited., Archer-Daniels-Midland Company, AromataGroup SRL, BASF SE, Chr. Hansen Holding A/S, Clariant AG, DuPont de Nemours, Inc., Dohler 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., Lallemand Inc., Nanjing NutriHerb BioTech Co., Ltd., Sensient Technologies Corporation, Symrise AG, Syngenta AG, Synthite Industries Pvt. Ltd., and Vinayak Ingredients India Pvt. Ltd..

Market Segmentation & Coverage

This research report categorizes the Anthocyanin Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
- Cyanidin
- Delphinidin
- Malvidin
- Pelargonidin
- Peonidin
- Petunidin
Source
- Cereals
- Flowers
- Fruits & Vegetables
- Legumes
End User
- Cosmetics & Personal Care
- Food & Beverage Industry
  - Bakery & Confectionery
  - Beverages
  - Dairy-based Products
- Nutraceutical Industry
- Pharmaceutical Industry
- Textile Industry
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Anthocyanin Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Anthocyanin Market?

3. What are the technology trends and regulatory frameworks in the Anthocyanin Market?

4. What is the market share of the leading vendors in the Anthocyanin Market?

5. Which modes and strategic moves are suitable for entering the Anthocyanin Market?

Product Code: MRR-4358BACA7E90

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Anthocyanin Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Surge In Usage In Pharmaceutical Industries
  - 5.1.1.2. Growing Use of Food and Beverage Coloring Agents Including Natural and Synthetic Colors
  - 5.1.1.3. Shifting Consumer Preferences Pattern Towards Healthy and Attractive Packaged Food and Beverage Products
- 5.1.2. Restraints
  - 5.1.2.1. Government Regulations Regarding Anthocyanin Usage
  - 5.1.2.2. High Cost of Raw Materials
- 5.1.3. Opportunities
  - 5.1.3.1. Innovative Method for the Purification of Anthocyanins
  - 5.1.3.2. Rapid Growth in the Personal Care and Cosmetic Industry
- 5.1.4. Challenges
  - 5.1.4.1. Rising Demand for Synthetic Pigments
5.2. Market Segmentation Analysis
- 5.2.1. Product Type: Increasing significance of cyanidin in food and beverage due to its potential health benefits
- 5.2.2. Source: Growing preference for fruits and vegetables as prominent dietary sources of anthocyanins
- 5.2.3. End User: Expanding application of anthocyanin in cosmetics and personal care products with increasing preference for natural and organic products
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter's Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization

6. Anthocyanin Market, by Product Type

6.1. Introduction
6.2. Cyanidin
6.3. Delphinidin
6.4. Malvidin
6.5. Pelargonidin
6.6. Peonidin
6.7. Petunidin

7. Anthocyanin Market, by Source

7.1. Introduction
7.2. Cereals
7.3. Flowers
7.4. Fruits & Vegetables
7.5. Legumes

8. Anthocyanin Market, by End User

8.1. Introduction
8.2. Cosmetics & Personal Care
8.3. Food & Beverage Industry
- 8.4.1. Bakery & Confectionery
- 8.4.2. Beverages
- 8.4.3. Dairy-based Products
8.4. Nutraceutical Industry
8.5. Pharmaceutical Industry
8.6. Textile Industry

9. Americas Anthocyanin Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Anthocyanin Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Anthocyanin Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. New Product Launch & Enhancement
  - 12.3.1.1. Givaudan Active Beauty Unveils New Purple 2364 Vibrant Vegan Pigment
- 12.3.2. Award, Recognition, & Expansion
  - 12.3.2.1. Antioxidant-packed GM purple tomatoes clear final regulatory hurdle to enter US market

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. American Color Research Center, Inc.
- 13.1.2. Anthocyanin Naturals India Limited.
- 13.1.3. Archer-Daniels-Midland Company
- 13.1.4. AromataGroup SRL
- 13.1.5. BASF SE
- 13.1.6. Chr. Hansen Holding A/S
- 13.1.7. Clariant AG
- 13.1.8. DuPont de Nemours, Inc.
- 13.1.9. Dohler GmbH
- 13.1.10. Evonik Industries AG
- 13.1.11. FMC Corporation
- 13.1.12. Food Ingredient Solutions LLC by Oterra A/S
- 13.1.13. Givaudan
- 13.1.14. Hangzhou Skyherb Technologies Co., Ltd.
- 13.1.15. International Flavors & Fragrances Inc.
- 13.1.16. IPRONA SpA
- 13.1.17. Kalsec Inc.
- 13.1.18. Kemin Industries, Inc.
- 13.1.19. Lallemand Inc.
- 13.1.20. Nanjing NutriHerb BioTech Co., Ltd.
- 13.1.21. Sensient Technologies Corporation
- 13.1.22. Symrise AG
- 13.1.23. Syngenta AG
- 13.1.24. Synthite Industries Pvt. Ltd.
- 13.1.25. Vinayak Ingredients India Pvt. Ltd.
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing