Ankaflavin is a bioactive yellow pigment derived from fermentation processes, primarily known for its potential health and industrial applications. It exhibits strong antioxidant properties, making it valuable in anti-aging and skincare formulations where it helps protect skin cells from oxidative stress and UV-induced damage. Research suggests ankaflavin may support cancer prevention by influencing cell cycle regulation and inducing apoptosis in certain tumor cells, particularly in studies related to liver and breast cancer. It also shows anti-inflammatory effects, which can be beneficial in managing chronic inflammatory conditions. In the food industry, ankaflavin serves as a natural colorant, offering a safe alternative to synthetic dyes. Additionally, its antimicrobial activity is being explored for use in functional foods and preservation technologies. Ongoing studies continue to investigate its bioavailability and therapeutic potential in nutraceuticals and pharmaceuticals.