Global Anthocyanin Market size is expected to reach USD 300 million in 2018 and register a CAGR of 4.9%, during the forecast period of 2018-2023.
Anthocyanin is used in the food & beverage industry as a colorant. Apart from the functional properties, it comes with a wide range of health benefits, thus, making it a crucial ingredient in most food products. The growing demand for healthy food products is expected to boost the demand for anthocyanin in the future.
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Not just a simple colorant, but a cocktail of health benefits
Anthocyanin has applications in the food & beverage industry as a food colorant. It is expected to be the most preferred colorant, due to the health benefits associated with it. Anti-allergic, anti-microbial, anti-inflammatory, and anti-oxidant are some its health benefits and features. According to a study, regular intake of anthocyanin helps in reducing the risk of heart disease, respiratory disorders. Moreover, likewise other antioxidants, it helps in preventing cancer and fight against oxidative damage. Consumers are preferring food products that serve their need to maintain a healthy lifestyle, however, most products lack this attribute. The inclusion of anthocyanin as a colorant is expected to boost the level of health benefits in a product, thereby, giving the market a larger consumer base.
In 2016, Europe accounted for the highest market share of 33% for anthocyanin. Most of the market of anthocyanin in developed countries has almost reached maturity. The Asia-Pacific region is expected to register the highest CAGR during 2018-2023. The high growth rate being witnessed in the market owes to the growing demand for natural colorants in the pharmaceuticals, food & beverages, and personal care sectors.
Based on application, the global anthocyanin market is segmented into food & beverages, pharmaceuticals, personal care, and others. Personal care sub-segment is expected to be the fastest during 2018-2023 (the forecast period), owing to the increasing preference for natural personal care products. By type of anthocyanin, Cyanidin has the largest market share because of its production ease.
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Leading Manufacturers and Suppliers of the Anthocyanin Include:
- Archer Daniels Midlands Co. (Illinois, Chicago)
- Naturex S.A. (Avignon, France)
- Symrise A.G. (Holzminden, Germany)
- CHR Hansen A/S (Denmark, Europe)
- Sensient Technologies Corp. (Wisconsin, US)
- D. Williamson and Co., Inc. (Kentucky, US)
- Kalsec Inc. (Michigan, US)
- FMC Corporation (Pennsylvania, US)
- Synthite Industries (Kerala, India)
- GNT Group (Aschen, Germany)
These companies focus on capacity expansion, due to the increasing demand for anthocyanin from the food & beverage industry.
Our Global Anthocyanin Market Report Covers:
- Market trends & dynamics
- Latest News & developments
- Porter’s five force analysis
- Investment scope
- Deep-dive insights
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Table of Content:
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definitions
- Research Approach and Methodology
2.2 Research Design
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation
- Market Overview
3.1 Market Trends
3.2 Market Dynamics
3.2.4 Porter’s Five Forces Analysis
22.214.171.124 Bargaining Power of Suppliers
126.96.36.199 Bargaining Power of Buyers
188.8.131.52 Threat of New Entrants
184.108.40.206 Threat of Substitute Products & Services
220.127.116.11 Degree of Competition
- Market Segmentation
4.1 By Type(Market Trend, Consumption, Demand Analysis, Market Sizing, and Forecast)
4.2 By Application (Market Trend, Consumption, Demand Analysis, Market Sizing, Forecast of Form Type and By Geography)
4.2.1 Food Beverage
18.104.22.168 Ice Cream
4.2.2 Pharmaceutical Products
4.2.3 Personal Care
4.3 By Geography (Market Trend, Consumption, Demand Analysis, Market Sizing, Forecast of Form Type and By Geography)
4.3.1 North America (Market Trend, Consumption, Demand Analysis, Market Sizing, Forecast of Form Type and By Country)
22.214.171.124 United States
4.3.2 Europe (Market Trend, Consumption, Demand Analysis, Market Sizing, Forecast of Form Type By Each Country and By Geography)
126.96.36.199 United Kingdom
4.3.3 Asia-Pacific (Market Trend, Consumption, Demand Analysis, Market Sizing, Forecast of Form Type By Each Country and By Geography)
4.3.4 South America (Market Trend, Consumption, Demand Analysis, Market Sizing, Forecast of Form Type By Each Country and By Geography)
4.3.5 Africa (Market Trend, Consumption, Demand Analysis, Market Sizing, Forecast of Form Type By Each Country and By Geography)
188.8.131.52 South Africa
- Competitive Landscape
5.1 Strategy Adopted by Key players
5.2 Most Active Companies in the Past Five Years
5.3 Market Share Analysis
- Company Profiles
6.1 Archer Daniels Midlands Co.
6.2 Naturex S.A
6.3 Symrise A.G.
6.4 CHR Hansen A/S
6.5 Sensient Technologies Corp.
6.6 D.D. Williamson and Co., Inc
6.7 Kalsec Inc.
6.8 FMC Corporation
6.9 Synthite Industries
6.10 GNT Group
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