Title: Phycocyanin Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Phycocyanin Market - Forecast 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.
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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. - 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 Based
on application, the Phycocyanin market is
segmented into Food and Beverage, Nutraceuticals,
Pharmaceuticals, Cosmetics and Personal Care, and
others. Food and Beverages held the largest share
in the Phycocyanin market in 2020. Phycocyanin is
widely used by food and beverage manufacturers as
natural blue color pigment in products such as
confectioneries, ice-cream and beverages also it
provides more stability to other natural blue
colorants.
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- Phycocyanin Market Industry Outlook
- Naturex
- BlueBioTech Int. GmbH
- Japan Algae Co., Ltd.
- Dongtai City Spirulina Bio-engineering Co., Ltd.
- GNT Group B.V.
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Phycocyanin Market - Forecast(2021 - 2026) Learn
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- Analyst Briefing
- Data Tables
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