Press release
Will Asia Pacific Provide Momentum To Phycocyanin Market Sales?
Manufacturers are channelizing efforts on production of phycocyanin from Spirulina to gain better market share in this segment.Phycocyanin has been approved by FDA for usage in food and beverages since 2013 and in the last few years, many companies have started producing phycocyanin due to its growing demand. Companies have also started launching new and innovative colors which can propel the market to newer heights.
Phycocyanin from Spirulina became the most attractive color globally owing to its features and texture and is primarily used in the food and beverage industry.
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Phycocyanin from Spirulina, rich in protein, vitamin and minerals has been used as fish feed for many decades. This also reduces the cost of production of fish at a commercial scale owing to increased commercial production of Spirulina and phycocyanin for animal feed.
Phycocyanin from Spirulina possesses anti-oxidants, hypolipidemic and anti-inflammatory properties owing to which it is witnessing high demand growth among food, beverage and cosmetics industries.
Phycocyanin from Spirulina consists of numerous vitamins, Beta-carotene and antioxidants which are expected to push the demand of phycocyanin in the near future.
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Key Companies Profiled by Fact.MR
• Chr. Hansen Holding A/S
• Cyanotech Corp
• DDW Inc.
• DIC Corporation
• Dongtai City Spirulina Bio-Engineering Co., Ltd.
• Fuqing King Dnarmsa Spirulina Co., Ltd.
• GNT Holding B.V.
• Sensient Technologies Corp.
• Parry Nutraceuticals Limited
• Naturalin Bio-Resources Co., Ltd
Phycocyanin Market: Segmentation
Fact.MR's study has done the segmentation of phycocyanin market on the basis of nature, form, application and region.
• By Nature :
o Organic
o Conventional
• By Form :
o Powder
o Liquid
• By Application :
o Food and Beverage
o Nutraceuticals
o Animal Feed
o Cosmetics and
o Personal Care
o Others
• By Region :
o North America
o Latin America
o Western Europe
o Eastern Europe
o Asia Pacific Excluding Japan (APEJ)
o Japan
o Middle East and Africa (MEA)
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Questionnaire answered in the Phycocyanin Market report include:
• How the market for Phycocyanin has grown?
• What is the present and future outlook of the global Phycocyanin on the basis of region?
• What are the challenges and opportunities for the Phycocyanin?
• Why the consumption of Phycocyanin highest in region?
• In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
• MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Phycocyanin market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Phycocyanin market, thus, making it different and special from other reports.
• Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Phycocyanin market and assists to create strategies to overcome the obstacles that may hinder the growth of the Phycocyanin market.
• Leverage: The Phycocyanin market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Phycocyanin market.
Table of Content
1. Global Phycocyanin Market - Executive Summary
1.1. Global Market Overview
1.2. Industry Attributes
1.3. Key Market Statistics
1.4. Fact.MR Analysis and Recommendation
2. Global Phycocyanin Market Data - Introduction
2.1. Market Coverage / Taxonomy
2.2. Market Introduction and Definition
3. Key Market Trends
3.1. Key Trends Impacting Market
4. Market Background and Associated Industry Indicators
4.1. Global Food Ingredient Market Overview
4.1.1. Food Ingredient Consumption by Key Countries
4.1.2. Food Ingredient Market Y-O-Y Growth 2019 - 2028
Contd….
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