Anthocyanin Market Growth and Size, Trends, Revenue, CAGR Status, Demand, Challenges, Future Opportunities and Forecast Analysis till 2034: SPER Market Research
Anthocyanin is a chemical compound from the phenolic group that gives color to fruits and vegetables. It acts as a natural sun protectant, shielding the skin from ultraviolet damage. Additionally, it has antioxidant and anti-inflammatory properties, protecting the eyes from issues like UV damage, glaucoma, and cataracts. Its health benefits have led to increased use in food and pharmaceuticals, driving market growth. Rising consumer purchasing power has boosted the consumption of anthocyanin-rich products.
According to SPER market research, ‘Anthocyanin Market Size- By Source, By Application, By Sales Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Anthocyanin Market is predicted to reach 1044.22 million by 2034 with a CAGR of 4.76%.
Drivers: The potential health benefits of anthocyanin are making it a popular ingredient in medications and specialised therapies. Anthocyanin’s anti-oxidative, anti-cancer, and neuroprotective qualities, as well as its therapeutic effect, make it a desirable component of medications and specialised treatments.
Anthocyanin’s prominence in the pharmaceutical sector is rising again because of its exceptional benefits in treating cardiovascular and optical issues. It is becoming more appealing in the pharmaceutical and speciality medical industries due to its capacity to exhibit antiviral properties and its effectiveness in preventing cancer.
Restraints: The anthocyanins market is facing a big challenge because to its seasonal availability and reliance on agricultural cycles. Anthocyanins, which are naturally derived from fruits and vegetables, are subject to the natural fluctuations in agricultural production. The seasonal nature of these crops causes variations in anthocyanin availability throughout the year, affecting constant supply to satisfy market demand. This dependency on specific harvest dates might provide issues for manufacturers and end-users looking for a consistent and consistent source of anthocyanins for a variety of uses. As the market seeks for dependability and sustainability, overcoming seasonal limits becomes critical to maintaining a stable and resilient supply chain within the industry.
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North America dominates the worldwide anthocyanin market, owing to increased demand for natural colourants and viscosity modifiers. Anthocyanin’s health benefits have boosted its popularity in the pharmaceutical industry. People in North America are becoming more health-conscious, which is driving up market demand for healthy and nutritious foods. Anthocyanin’s commercial value is driven by its application as a natural colouring agent in nutritional foods. Some of the key market players are Beton Nutrition Co Ltd, Biogold Industries LLP, California Natural Colors Inc, Cayman Chemical Company, Chr. Hansen, DDW Color, and others.
Anthocyanin Market Segmentation:
By Source: Based on the Source, Global Anthocyanin Market is segmented as; Fruits, Vegetables, Legumes & Cereals.
By Application: Based on the Application, Global Anthocyanin Market is segmented as; Food & Beverages, Pharmaceutical Products, Personal Care.
By Sales Channel: Based on the Sales Channel, Global Anthocyanin Market is segmented as; Direct Sales, Distributors/Suppliers, Online Sales.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
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