North America Anthocyanins Market

North America Anthocyanins Market Size Analysis:

North America Anthocyanins Market was worth USD 93 million in 2016 and estimated to be growing at a CAGR of 4.5%, to reach USD 115 million by 2026. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development of the industry.

Every fruit and vegetable which has a bright appearance contains antioxidants – substances which protect our bodies – but a lot of naturally purple-coloured foods consist of a specific antioxidant which is called anthocyanin. They are highly beneficial plant pigments which impart fruits and vegetables their deep red, purple or blue shades.

North America Anthocyanins Market Factors

The factors responsible for the growth of North America Anthocyanins market are rising awareness about the health benefits of anthocyanins and their increasing range of applications in various industries. The developing economic conditions of certain countries in the past years which has led to rise in purchasing power of consumers have assisted the increase in consumption of anthocyanin-rich foods across the world. The consumption of anthocyanin rich products is also because of changing lifestyle of the people, which, in turn, is propelled by the growing awareness about health in the general public.

North America Anthocyanins Market Segmentation

The North America Anthocyanins Market is segmented on the basis of Product Type into Cyanidin, Malvidin, Delphinidin, Peonidin and Others. On the basis of Application Type, the market is segmented into Food Beverage, Pharmaceutical Products, Personal Care and Others.

On the basis of geography, the North America market is analysed under the regions U.S.A and Canada. The Anthocyanins Market was dominated by North America, with the largest market share. Owing to the heavy presence of the food and beverage, personal care, and pharmaceutical industries in the U.S., consumers have a wide access to a variety anthocyanin infused products.

North America Anthocyanins Market Key Players

Some of the major companies dominating the market, by their products and services are Archer Daniels Midlands Co, Symrise A.G., Naturex S.A., CHR Hansen A/S, Sensient Technologies Corp, D.D. Williamson and Co. Inc., Kalsec Inc., FMC Corporation, GNT Group, Archer Daniels Midlands Co, Symrise A.G., Naturex S.A., CHR Hansen A/S, Sensient Technologies Corp, D.D. Williamson and Co. Inc., Kalsec Inc., FMC Corporation, Synthite Industries, and GNT Group.