Phycocyanin Market Size – Incredible Possibilities, Demand, Dynamics And Industrial Opportunities To 2029

1.   Phycocyanin Market Size - Incredible Possibilities, Demand, Dynamics And Industrial  Opportunities To 2029    According to a new study TMR, the sales of phycocyanin are estimated to reach ~​11                 million metric tons in 2019​. Growth of the ​phycocyanin market remains driven a slew of                 aspects, which range from increased market demand for clean label products and           changing regulations in the food and beverage industry, to growing awareness among             consumers.                                                        Phycocyanin is available in various grades and forms. Phycocyanin is a blue pigment             extracted from the blue-green algae – spirulina. Phycocyanin belongs to the phycobilli             protein group, used primarily as a colorant in various food and beverage products in the                 global market. Phycocyanin Market is anticipated to grow at a rate of ~​7% over the           period of ​2019-2029​. Phycocyanin is available in organic and conventional nature.                                                              Due to the increasing prevalence of diseases and foodborne allergies, consumers are             preferring healthy and clean label ingredients for consumption. Consumers highly care           for the provenance of the food and beverage products that they consume. This is               creating a trend for organically-produced ingredients and food products. This trend is           not only limited to food products but is also being seen in cosmetic products. As a                 result, organically-produced phycocyanin is witnessing increased demand from       consumers and manufacturers alike.                                                                                Request A Sample of Phycocyanin Market @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24 329  Health Benefits and Nutritional Contents Associated with Phycocyanin  Phycocyanin, extracted from the blue-green algae, used primarily as a food and         beverage colorant, has numerous health benefits. Phycocyanin has been reported to           have anti-oxidant, anti-inflammatory,       characteristics. The use of phycocyanin for reducing cancer cell growth is being           studied. However, other claimed health and nutritional benefits associated with the           consumption of phycocyanin are likely to attract the attention of consumers, bolstering             the demand for phycocyanin.                                      anti-cancer,         and   immune       improving                       Increasing Consumption of Colored and Flavored Beverages 

2.             Increasing research and development spending has enabled various novel product         launches in the global food and beverage market. New colored and flavored beverages               are gaining momentum in the global market, due to increased demand from the younger             generation. The use of phycocyanin in flavored and colored beverages provides blue             color to the end product with enhanced functional property as well. Due to the increased               consumption of beverage and food products, the demand for phycocyanin is also           increasing in the global market.                                                                        Explore Transparency Market Research’S Award-Winning Coverage of the Global Food  and Beverages Industry @   https://www.globenewswire.com/news-release/2019/08/20/1903975/0/en/Global-Pis tachio-Market-to-Generate-Revenue-of-US-5-000-Mn-by-2026-Owing-to-Associated- Nutritional-Value-of-the-Products-TMR.html  Global Phycocyanin Market: Competitive Landscape   Some of the key players in the global phycocyanin market are ​Cyanotech Corp., Chr.                 Hansen Holding A/S, DIC Corporation, Naturalin Bio-Resources Co., Dongtai City           Spirulina Bio-Engineering Co., Ltd., GNT Holding B.V., Fuqing King Dnarmsa Spirulina           Co., Ltd., Sensient Technologies Corp., Fraken Biochem Co., Ltd., Parry Nutraceuticals           Limited, Döhler GmbH, Naturex S.A., Ltd., Far East Bio-Tec Co., Ltd., DDW Inc.​, and             others.                                                                Request for Covid-19 Impact Analysis @  https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_ id=24329  About Us  Transparency Market Research is a global market intelligence company, providing           global business information reports and services. Our exclusive blend of quantitative           forecasting and trends analysis provides forward-looking insight for thousands of           decision makers. Our experienced team of Analysts, Researchers, and Consultants, use             proprietary data sources and various tools and techniques to gather, and analyze           information.                                                           Our data repository is continuously updated and revised by a team of research experts,           so that it always reflects the latest trends and information. With a broad research and                 analysis capability, Transparency Market Research employs rigorous primary and                                                  

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