Anthocyanin Market – Global Sales, Revenue, Price And Gross Margin Fo Anthocyanin Market
Anthocyanin Market - Global Sales, Revenue, Price And Gross Margin Forecasts To
2026
TMR projects the global anthocyanin market to reach US$ 735.9 Mn by 2026. Over this
period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%.
Among the key end use segments, the food and beverages industry is likely to lead the
market in 2018. The trend is likely to remain unchanged throughout the course of the
forecast period. Regionally, the North America anthocyanin market held the leading
share in the global market in 2018.
The global anthocyanin market exhibits the presence of several large companies.
Besides this, domestic players enjoy a stronghold in regional pockets, which has
rendered the market highly competitive. According to a new study by Transparency
Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp,
Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in
2018, thereby registering their dominance.
To sustain growth amidst the prevailing competition, the leading players are trying out a
plethora of strategies. For instance, they are engaging in mergers and acquisitions.
Besides this, investment towards product innovation is steadily increasing. These
strategies are adopted by market players to expand their footprint worldwide. Such
strategies are therefore likely to have a significant influence on the global anthocyanin
market.
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Steadily Rising Demand from Emerging Economies to Steer Growth
Anthocyanin consumption has positive effects on human health. Studies have shown
that they have anti-allergic, anti-oxidant, anti-microbial, and anti-inflammatory
properties. Besides these, anthocyanin also help in improving microcirculation of the
body. Anthocyanin expedite metabolism process, the rising awareness about which is
likely to bode well for the market.
Anthocyanin also fight oxidative stress, which can escalate heart ailments. Furthermore,
consumption of anthocyanin can help reduce obesity in humans. TMR expects that the