Anthoxanthins
is a kind of flavonoid pigment found in plants. It is a water-soluble
pigment available in a range of colors ranging from colorless or
white to creamy or yellow. The color range depends upon the acidity
and alkalinity of anthoxanthins; white color resembles acid medium
whereas yellow color resembles alkaline medium. As anthoxanthins
adhere antioxidant property, therefore, it is necessary for nutrition
and is used in food additives. It contributes white or cream color of
cauliflowers, white potatoes, turnips, and onions. These vegetable is
inclosing anthoxanthins changes color to brown-gray color when cooked
in an enclosed pan for an extended time. Anthoxanthins occur
naturally in vegetables, fruits, beverages including wine, tea,
fungi, plant hormone controller and others. They are antioxidants and
perform an essential part of being the hindrance to many diseases.
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Anthoxanthins
Market: Market Dynamics and Restraints
The
enormous demand for junk or functional food due to change in
lifestyle that in led in the potential growth of disorders or illness
such as high cholesterol and obesity. Therefore, increasing alertness
regarding health issues among the young generations is majorly
driving the anthoxanthins market globally. Rising disposable income
and easiness in functional foods availability is projected to impact
the growth of anthoxanthins market in upcoming years undoubtedly.
Similarly, different anthoxanthins applications in food and beverage
industry as well as in nutraceuticals industry support the growth of
anthoxanthins market worldwide. Nonetheless, the untouched market of
anthoxanthins in the emerging countries is expected to offer ample
opportunities for anthoxanthins market in the near future.
Although
demand and necessity of anthoxanthins in the market are seen
significantly, the high price of the anthoxanthins products is
hindering anthoxanthins market growth to a certain extent.
Anthoxanthins
Market: Market Segmentation
The
global anthoxanthins market is segmented based on its form, types,
and applications.
Based
on its applications, anthoxanthins market is segmented into:
- Food and Beverages
- Pharmaceutical
- Animal Feed Additives
- Nutraceuticals
Anthoxanthins
Market: Regional Outlook
Regarding
geography, the global
anthoxanthins market has been categorized into seven key regions
including North and Latin America, Eastern Europe, Western Europe,
Asia-Pacific excluding Japan, Japan, and the Middle East &
Africa. The anthoxanthins market is globally expected to register
healthy CAGR during the forecast period. Among the regions mentioned
above, North America is the largest market for anthoxanthins; this is
because of the increase in the number of obese and depression
suffering patients rate rising in the countries such as UCS, Canada,
Mexico. Due to the hectic lifestyle of these regions as mentioned
above; people who are suffering from many disorders and to cure those
diseases the consumption of antioxidant supplement are increasing
which is making use of anthoxanthins. The market is closely followed
by Western and Eastern Europe making them second leading region for
this market, and this is because of the European population are
suffering from health complexity issues owing to growing aging
population and high blood cholesterol level. Developing countries
such as China, India along with Philippines, Thailand, Malaysia and
Indonesia makes Asia Pacific excluding Japan the third leading
market; this is because of the increasing expenditure capacity of the
maximum population of the functional and junk food. Due to increasing
spending capacity of the maximum population of these countries in
functional food is rising concern for a health issue, this
contributes to the growth of the market of flavonoid which directly
grows the market of anthoxanthins. The Middle East and Africa and
Japan are predicted to propel the growth of anthoxanthins market in
upcoming years.
Anthoxanthins
Market: Key players
Some
of the key players of global anthoxanthins market include Kemin
Industries, Indofine Chemical Company Inc, Foodchem International
Corporation, Toroma Organics Ltd, Frontier Natural Products Co-op,
Aquapharm Bio-Discovery Limited, EXTRA SYNTHE SE, International
Flavors and Fragrances, China Technology Development Group
Corporation, International Flavors and Fragrances, Meherrin
Agricultural & Chemical Company, Quercegen Pharmaceuticals,
Cayman Chemical Company, SV Agrofood, Changsha Organic Herb Inc,
Pharmachem Laboratories Inc, and Zealong among others major players
in the market.
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