Phycocyanin Market

The global Phycocyanin market was valued at 45.31 Million USD in 2021 and will grow with a CAGR of 16.28% from 2021 to 2027, based on Research newly published report.

The prime objective of Phycocyanin Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Phycocyanin Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Phycocyanin is a pigment-protein complex from the light-harvesting phycobiliprotein family, along with allophycocyanin and phycoerythrin. It is an accessory pigment to chlorophyll. All phycobiliproteins are water-soluble, so they cannot exist within the membrane like carotenoids can. Instead, phycobiliproteins aggregate to form clusters that adhere to the membrane called phycobilisomes. Phycocyanin is a characteristic light blue color, absorbing orange and red light, particularly near 620 nm (depending on which specific type it is), and emits fluorescence at about 650 nm (also depending on which type it is). Allophycocyanin absorbs and emits at longer wavelengths than phycocyanin C or phycocyanin R. Phycocyanins are found in Cyanobacteria (also called blue-green algae).In the coming years there is an increasing demand for Phycocyanin in the regions of North America, Europe and Asia-Pacific, which is expected to drive the market for more Phycocyanin. Growth is attributed to the development of economic.

By Market Verdors:

DIC

Japan Algae

Parry Nutraceuticals

Ozone Naturals

EcoFuel Laboratories

Nan Pao International Biotech

King Dnarmsa Spirulina

Zhejiang Binmei Biotechnology

Wuli Lvqi

Norland

By Types:

Food Grade

Cosmetic Grade

Pharmaceutical Grade

By Applications:

Natural Food Colorant

Pharmaceutical Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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