Anthocyanin Market Status, industry [2023-2030]

Anthocyanin Market Report Overview

The Global Anthocyanin Market Size was estimated at USD 432.58 million in 2023 and is projected to reach USD 621.26 million by 2030, exhibiting a CAGR of 2.60% during the forecast period.

An interlayer serves as a barrier between the two glass sheets that make up anthocyanin. The major hurricane barrier in impact-resistant windows is laminated glass. The windscreens of autos also employ laminated glass.

The largest market for anthocyanin in 2022 was Asia Pacific. Due to expanding infrastructural development, rising auto production, and developing solar panel installations in both countries, India and China are significant potential markets.

This study offers a thorough analysis of the global anthocyanin industry, covering all relevant areas. This includes a broad market overview as well as micro-level information on the market's size, competitive environment, development trend, niche market, important market drivers, and challenges. It also includes SWOT analysis, Porter's Five Forces analysis, value chain analysis, and other analyses.

Recent Development:
• March 2020, IFF (Israel) entered into a collaboration with Evolva (Switzerland), a biotech company, to further develop and expand the commercialization of vanillin. Under the terms of this agreement, IFF would be responsible for the commercialization of the vanillin product that Evolva developed. This collaboration would extensively improve the reach of Evolva developed products and provide newly developed products in the product portfolio of IFF.
• Mar 2020, Mane (France) MANE Kancor, a global pioneer in spice extracts, announced an investment of USD 21 million in the next couple of months for the expansion of existing manufacturing facilities in Kerala, Karnataka, and Uttar Pradesh, India.
• Dec 2019, Givaudan (Switzerland) completed the acquisition of Ungerer (US) to strengthen its natural ingredients capabilities and leadership in the fast-growing local and regional customer segments.
• June 2019, Kerry Group (Ireland) opened its production facility in India as an investment in the expansion of taste and nutrition profiles.
• March 2019, Archer Daniels Midland (US) recently announced an agreement to acquire the Ziegler Group (Germany), a leading European provider of natural citrus ingredients. Ziegler offered its citrus flavors and produced citrus oils, extracts, and concentrates. This acquisition would benefit ADM in finding a strong footing in the citrus flavoring market.

Competitive Landscape and Anthocyanin Market Share Analysis
Competitive landscape of Anthocyanin market provides details by competitors. Details included include company overview, company finances, revenue, market potential, R&D investments, new market initiatives, global footprint, manufacturing locations and facilities, manufacturing capabilities, company strengths and weaknesses, It includes product launches, product Width and breadth, and application advantages. The above data points are solely related to the company's focus on the Anthocyanin market.

What's New for 2022?
• Global competitiveness and market share of key competitors
• Market presence in multiple regions – strong/active/niche/minor
Interactive online peer-to-peer collaborative custom updates
• Access to digital archives and research platforms
• 1 year of free updates

Key questions answered in this research report:
At what pace is Anthocyanin market growing? What will be the growth trend in the future?
What are the key drivers and restraints in Anthocyanin market? What will be the impact of drivers and restraints in the future?
What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the Anthocyanin market?
Which product generated maximum revenues in 2022 and identify the most promising product during the forecast period?
What is the various end-user of Anthocyanin market and how they are poised to grow?
What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Research Methodology