The article cited AMA's "Global Anthocyanin Market Study" explored substantial growth of 5.12%. According to the report, Increasing Demand for Natural Food Colorants
is one of the primary growth factors for the market. Increasing Demand for Natural Flavonoids
is also expected to contribute significantly to the Anthocyanin market. Overall, Viscosity modifier
applications of Anthocyanin, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End Use , such as Food & Beverage Industry, is boosting the Anthocyanin market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Source, such as Fruits, is boosting the Anthocyanin market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Anthocyanin market identified that the demand is rising in many different parts of the world as "Increasing Demand from the Food and Beverage Industry
". Furthermore, some recent industry insights like "New Purple 2364, a vegan pigment that is sustainable and appropriate for use in cosmetic formulations, will be made available by Givaudan Active Beauty in September 2022. The company's range of environmentally friendly substitutes for synthetic pigments, which was introduced in 2020 with the debut of the New Red 1805, now includes this pigment, which is extracted via green fractionation from Raphanus sativus L." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Anthocyanin market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Anthocyanin market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Anthocyanin market size is calculated using market estimation process, the Anthocyanin market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Anthocyanin market size has been validated using both top-down and bottom-up approaches.