Brand Story
23 May 2023, 03:13 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 Chicago Chronicle 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 Chicago Chronicle.
More InformationWASHINGTON, D.C.: U.S. consumer confidence continued to drop in 2025, hitting its lowest level in 12 years as more Americans worry...
WASHINGTON, D.C.: Alphabet's self-driving division Waymo is preparing to expand its driverless ride-hailing footprint to the heart...
BENGALURU, India: A major regulatory breakthrough in India could mark a turning point for Starlink, Elon Musk's satellite internet...
NEW YORK, New York - Renewed fears about inflation, and U.S. Donald Trump's trade policies say American markets take a deep dive Friday....
NEW YORK CITY, New York: Segway is recalling about 220,000 scooters in the U.S. because of a safety issue that can cause riders to...
BEIJING, China: As global tech firms navigate rising geopolitical tensions, China has extended a warm signal to Apple, one of its most...
(Photo credit: Alonzo Adams-Imagn Images) Shai Gilgeous-Alexander scored 33 points as Oklahoma City beat visiting Indiana 132-111...
(Photo credit: Wendell Cruz-Imagn Images) Aaron Judge hit the third of three straight homers for the Yankees to open the game before...
(Photo credit: David Banks-Imagn Images) Klay Thompson had 20 points and hit two critical free throws with 6.7 seconds left as the...
(Photo credit: Rick Scuteri-Imagn Images) Kyle Tucker had three hits including his first homer of the season, rookie Matt Shaw hit...
(Photo credit: Alonzo Adams-Imagn Images) Shai Gilgeous-Alexander scored 33 points to lift the Oklahoma City Thunder to a 132-111...
(Photo credit: Mark J. Rebilas-Imagn Images) The Baltimore Orioles acquired pitcher Cody Poteet from the Chicago Cubs in exchange...