Title: Phycocyanin Market Forecast 2021 - 2026
1Phycocyanin Market - Forecast 2021 - 2026Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 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. 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.
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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.
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- By Distribution Channel- Segment Analysis
- Based on nature, the Phycocyanin market is
segmented into organic and conventional.
Conventional held the largest share in the
Phycocyanin market in 2020. 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. 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 people.
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- Phycocyanin Market  Â
- Industry OutlookÂ
- 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
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Phycocyanin Market - Forecast 2021 - 2026Learn
More About the Report _at_ https//www.industryarc
.com/Research/Phycocyanin-Market-Research-508068
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
- Purchase Full Report _at_ https//www.industryarc.com
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