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Global Anthocyanin Market Is Projected To Expand At A CAGR Of 4.3% By 2032

07-13-2022 02:51 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Global Anthocyanin Market Is Projected To Expand At A CAGR Of 4.3%

Expanding at a CAGR of 4.3%, the global anthocyanin market is projected to increase from a valuation of US$ 338.6 million at the end of 2021 to US$ 527.8 million by 2032.

The use of anthocyanin in the food and beverages industry is expected to increase at a higher CAGR of 4.8% from 2022 to 2032. Considering worldwide regulatory organizations' approval as an effective and beneficial ingredient, anthocyanin has acquired universal recognition in the food & beverage industry.

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Key Segments Covered in Anthocyanin Industry Research

Anthocyanin Market by Source :

Legumes & Cereals
Other Sources

Anthocyanin Market by Application :

Food & Beverages
Pharmaceutical Products
Personal Care
Other Applications

Anthocyanin Market by Sales Channel :

Direct Sales
Online Sales

Anthocyanin Market by Region :

North America
Asia Pacific
Latin America
Middle East & Africa

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Competitive Landscape

Top companies in the anthocyanin market are expected to focus on developing products that meet customer needs over the forecast period. Innovative advertising and marketing methods are improving market penetration in narrow niches. To boost customer base and market share, social media channels are likely to be employed extensively.

Prominent anthocyanin producers are focused on creating novel analytical techniques for identifying and quantifying anthocyanin in plant materials. Partnerships, mergers and acquisitions, joint ventures, and expansion of existing facilities are projected to be some of the key strategies used by prominent market players to enhance their market share over the coming years.

For instance :

In April 2021, Chr. Hansen Natural Colors acquired SECNA Natural Ingredients Group, integrating it into its portfolio.
In July 2019, DDW The Color House acquired the DuPont Natural Colors Business - a part and parcel of DuPont Nutrition & Biosciences.

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How can Fact.MR Make Difference?

In-depth understanding of key industry trends shaping the present growth dynamics
Offers value chain analysis and price trend analysis of various offering of competitors
Offers data-drive decision to help companies decide strategies that need recalibration
Offers insights into areas in research and development that should attract
Identifies data outliers before your competitors

The global Anthocyanin Market report answers numerous pertinent questions, some of which are:

What are some of the latent areas of investments in the Anthocyanin Market?
Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
What trends are likely to change the status quo of the positions held by leading players of the Anthocyanin Market in the not-so-distant future?
Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Anthocyanin Market?
What are the strategies adopted by top players to retain their stronghold in the Anthocyanin Market?
Which strategic moves will new entrants adopt to gain a strong foothold in the Anthocyanin Market?

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About Fact.MR        

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.

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