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 Memphis Sun 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 Memphis Sun.
More InformationNEW YORK CITY, New York: In one of the largest known Chinese cyber-espionage campaigns against American critical infrastructure, a state-sponsored ...
SAN FRANCISCO, California: Sam Altman, CEO of ChatGPT-maker OpenAI, has said the company could consider leaving Europe if it could ...
WASHINGTON D.C.: Reuters has reported that US President Joe Biden's nominee for a federal judge position in Kansas, Jabari Wamble, ...
WASHINGTON D.C.: Jennifer Homendy, head of the US National Transportation Safety Board, has said the US will investigate recent near ...
MIAMI, Florida: Four Chinese citizens living in Florida have sued the state over a new law barring citizens of China ...
OSLO, Norway: Norwegian Defense Minister Bjoern Arild Gram has said that Norway would conduct training programs for Ukrainian pilots in ...
NEW YORK CITY, New York: Electric truck manufacturer Nikola Corp said that Nasdaq has delivered a delisting notice for not ...
MINNEAPOLIS, Minnesota: Reuters reported that after facing a backlash from customers, Target is pulling some products from its Pride Collection ...
LONDON, England: The BBC has reported that Jaguar Land Rover owner Tata Motors is planning to build a multi-billion pound ...
MENLO Park, California: As part of the last stage of a three-series round of staff layoffs, part of a plan ...
WASHINGTON D.C.: On its website, the US Federal Trade Commission (FTC) has said it is probing Abbott Laboratories and other ...
Representative Mike Gallagher, chair of the U.S. House of Representatives committee on China, says that after Beijing banned the sale ...