Title: Phycocyanin Market
1Phycocyanin MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Phycocyanin market size was estimated at 132.45
million in 2020, growing at a CAGR of 8.2 during
the forecast period 2021-2026. Phycocyanin is a
pigment-protein complex from the light-harvesting
phycobiliprotein family. - It is a light-harvesting, pigment-binding protein
isolated from algae. Phycocyanin are
photosynthetic pigments unique to cyanobacteria
Phycocyanin. (PC) derived from blue-green algae
and red algae are classified as C-PC and
R-phycocyanin (R-PC). Phycocyanin contains
vitamin B12, which helps the immune system work
normally.Â
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- Key Takeaways
- Asia-Pacific dominated the Phycocyanin Market in
2020 owing to presence of local and regional
players in this region coupled with changing
lifestyle of the people. The Phycocyanin Market
scope for different regions will be provided in
the final report. - Increasing awareness among consumers about toxic
effects of artificial colors in food and
beverages is set to aid the market growth of the
Phycocyanin Market report. - Detailed analysis of the Strength, Weakness, and
Opportunities of the prominent players operating
in the market will be provided in the Phycocyanin
Market report.
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By Distribution Channel- Segment
Analysis Asia-Pacific dominated the Phycocyanin
market with a major share of 32 in 2020. This is
attributed to growing number of key manufacturers
in food and beverage industry in this region
coupled with rising spending capacity of the
people. Moreover, increasing awareness about
toxic effect of synthetic colors among the people
in this region leads to rise in health
consciousness among the people. Furthermore,
changing lifestyle of the people and rising
disposable income of the people which are
contributing to the growth of the market in this
region.
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- Phycocyanin Market Industry OutlookÂ
- Naturex,
- BlueBioTech Int. GmbH,
- Japan Algae Co., Ltd.,
- Dongtai City Spirulina Bio-engineering Co., Ltd.,
- GNT Group B.V.,
- Parry Nutraceuticals,
- Tianjin Norland Biotech Co., Ltd.,
- AlgoSource,
- Wellisen Nutraceuticals.
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Phycocyanin Market - Forecast 2021 - 2026 Learn
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.com/Research/Phycocyanin-Market-Research-508068
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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