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Phycocyanin Market - Forecast 2022 - 2027.


Phycocyanin market size was estimated at $132.45 million in 2020, growing at a CAGR of 8.2% during the forecast period 2021-2026. – PowerPoint PPT presentation

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Title: Phycocyanin Market - Forecast 2022 - 2027.

Phycocyanin MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022 2027
Contact Venkat Reddy
(1) 970-236-3677
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  • 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. It can be safely consumed
    by both adults and children. Phycocyanin also
    contains a lot of phycobiliproteins and essential
    amino acids that helps the body make elastin, and
    has anti-cancer properties.
  • It has therapeutic properties for diabetes,
    cancer, and other cardiovascular issues.
    Increasing demand of phycocyanin from food and
    beverage, nutraceuticals industries coupled with
    growing awareness about nutritional benefit of
    phycocyanin are the major factors driving the
    growth of the market.

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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.
  • High price of phycocyanin natural colour and risk
    of algae contamination is poised to create the
    hurdles for the Phycocyanin Market.

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  • Phycocyanin Market Segment Analysis By
  • 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
  • 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.
  • North America is estimated to grow at a higher
    CAGR during the forecast period 2021-2026 owing
    to the shift in consumer preference from
    synthetic ingredients to natural ingredients that
    contribute the growth in this region.

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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.
  • Parry Nutraceuticals
  • Tianjin Norland Biotech Co., Ltd.
  • AlgoSource
  • Wellisen Nutraceuticals and Sensient Technologies

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Phycocyanin Market - Forecast (2022 - 2027)
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  • Analyst Briefing
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