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Phycocyanin Market To Create An Absolute $ Opportunity Of Around US$ 113 Mn During Forecast Period 2019 – 2028

Fact.MR, in its new offering, provides an unbiased analysis of the global market for phycocyanin, with historical data on demand (2014-2018) and expected projections for the period (2019-2028). The phycocyanin report discloses compelling insights into the demand for phycocyanin based on nature i.e. organic, and conventional, product form (powder and liquid), application (food and beverages, nutraceuticals, animal feed, cosmetics and personal care and others), across 7 key regions and 22 + countries.

Companies are launching myriad beverage variants made from phycocyanin with a corresponding increase in its demand. Phycocyanin infused juices and smoothies have been launched in only a few regions which shows remunerative opportunity for these products as it is still in its nascent, introductory stage. Phycocyanin Blue pigments, a natural color produced from Green-blue Spirulina received approval from FDA in 2013 which heralded a brand new era of possibilities for phycocyanin. On this backdrop, demand for phycocyanin is expected to grow exponentially and is projected to create an absolute $ opportunity of around US$ 113 Mn during forecast period 2019 – 2028.

Get Sample Copy With Impact Analysis Of COVID-19 Of Market Report –https://www.factmr.com/connectus/sample?flag=S&rep_id=4469

Phycocyanin Market – Scope of Report:

A latest publication by Fact.MR on the global Phycocyanin market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2028.

Important indicators for the successful growth of the Phycocyanin market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Phycocyanin supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Phycocyanin, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Key Players Covered In Phycocyanin Market:

Major companies operating in global phycocyanin market, include 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, Far East Bio-Tec Co., Ltd., Döhler GmbH, Naturex S.A., Fraken Biochem Co., Ltd. and others.

Report benefits & key questions answered

  • Post covid consumer spending on Phycocyanin: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
  • Phycocyanin demand outlook: the market intelligence study reports highlights the factor propelling the demand for Phycocyanin. As per the study, the demand for Phycocyanin will grow through 2028.
  • Phycocyanin historical volume analysis: Fact.MR  survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2020-2028.
  • Phycocyanin consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Phycocyanin Market Segmentations:

  • By Nature :
    • Organic
    • Conventional
  • By Form :
    • Powder
    • Liquid
  • By Application :
    • Food and Beverage
    • Nutraceuticals
    • Animal Feed
    • Cosmetics and
    • Personal Care
    • Others
  • By Region :
    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • Asia Pacific Excluding Japan (APEJ)
    • Japan
    • Middle East and Africa (MEA)

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