Brand Story
23 May 2023, 07:43 GMT+10
Global demand for phycocyanin accounts for US$ 180.5 million in value and is predicted to reach a market size of US$ 353 million by the end of 2033. The global phycocyanin market is forecasted to exhibit expansion at a noteworthy 6.9% CAGR from 2023 to 2033, as per this latest Fact.MR market research analysis. Phycocyanin is a blue pigment that is found in certain types of blue-green algae, such as spirulina and cyanobacteria. It has a wide range of applications in various industries, including food and beverage, pharmaceuticals, cosmetics, and agriculture. The global phycocyanin market is expected to grow significantly in the coming years, driven by increasing demand for natural food colors and dietary supplements.
One of the major drivers of the phycocyanin market is the growing consumer demand for natural and organic products. As consumers become more health-conscious, they are seeking out natural ingredients that offer nutritional benefits without the use of synthetic additives. Phycocyanin is a natural and sustainable ingredient that is rich in antioxidants, vitamins, and minerals, making it a popular choice in the health and wellness industry
Download Free Sample Copy of this Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=4469
In the food and beverage industry, phycocyanin is used as a natural food colorant, giving products a bright blue hue. It is commonly used in drinks, dairy products, and confectionery. The demand for natural food colors is growing rapidly, as consumers become more aware of the potential health risks associated with synthetic colors
Key Takeaways of Global Phycocyanin Market
Country-wise Insights
Get Customization on this Report for Specific Research Solutions - https://www.factmr.com/connectus/sample?flag=RC&rep_id=4469
Competitive Landscape
Prime phycocyanin manufacturers are adopting strategies such as mergers, acquisitions, and collaborations to expand their business scope around the world.
Key Companies Profiled
For in-depth competitive analysis, Buy Now - https://www.factmr.com/checkout/4469
Key Questions Covered
What are the regulations governing the production and use of phycocyanin, and how do they vary by region?
Get a daily dose of Detroit Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Detroit Star.
More InformationDHAKA, Bangladesh - The Anti-Corruption Commission (ACC) has filed a case against 13 members of Grameen Telecom's board of directors, ...
WASHINGTON D.C.: The U.S. Commerce Department has said that trade ministers from 14 countries have taken part in the US-led ...
LOUISVILLE, Kentucky: Two horses that succumbed to their injuries at Churchill Downs have become the 11th and 12th fatalities over ...
FREMONT, California: Brain implant company Neuralink announced that it has received approval from US regulators to begin human brain implant ...
JEFFERSONVILLE, Indiana: Randy Lankford, owner of Lankford Funeral Home and Family Center in Jeffersonville, Indiana, has pleaded guilty to more ...
DENVER, COLORADO: A federal judge has ruled that a rural Colorado school district can ban a high school student from ...
WASHINGTON D.C.: The U.S. Commerce Department has said that trade ministers from 14 countries have taken part in the US-led ...
LOUISVILLE, Kentucky: Two horses that succumbed to their injuries at Churchill Downs have become the 11th and 12th fatalities over ...
DETROIT, Michigan: After Ford Motor Co announced an agreement with Tesla to allow autos to be charged using the Tesla ...
The Detroit Pistons are about to give Monty Williams the richest contract ever for an NBA head coach. The former ...
Jean Segura hit the tying single in the bottom of the ninth off the San Diego Padres' star closer Josh ...
T-Wolves Gaming and Warriors Gaming Squad retained their perfect records in Western Conference group play at the NBA 2K League's ...