The qualitative and quantitative evaluation of phenolic compounds contained in extracts derived from red cabbage and purple carrot were performed. Their antioxidant and anti-inflammatory properties were determined. In purple carrot and red cabbage extracts, 7 and 21 anthocyanins were identified, respectively, of which 83 and 88% were acylated. The total anthocyanin content of purple carrot and red cabbage extracts was 154.0 mg cyanidin 3-O-glucoside equivalents (Cy 3-glcE) per g dry matter (DM) and 175.1 mg Cy 3-glcE/g DM, respectively. The content of phenolic acids in the purple carrot extract was 133.7 mg 5-O-caffeoylquinic acid equivalents per g DM. In red cabbage extract, 21 hydroxycinnamic acid derivatives (HCAs) were identified for the first time. These compounds mainly include residues of p-coumaric, ferulic and sinapic acids or their hydrated forms. Purple carrot extract showed a superior ability to inhibit COX-2 (44%) compared to red cabbage (24%).