A new business intelligence report released by AMA Research with title “Global Phycocyanin Market Insights, Forecast to 2026” provides latest updates and strategic steps taken by competition along with growth estimates of market size. The Global Phycocyanin Market report gives clear visions how the research and estimates are derived through primary and secondary sources considering expert opinion, patent analysis, latest market development activity and other influencing factors.
Some of the key players profiled in the study are Pondtech (Canada), AAT Bioquest (United States), Phyco-Biotech (France), DIC (Japan), Japan Algae (Japan), Parry Nutraceuticals (India), Ozone Naturals (India), EcoFuel Laboratories (Czechia), Nan Pao International Biotech (Taiwan) and King Dnarmsa Spirulina (China).
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Phycocyanin is found in a micro algae and is water soluble pigment protein. It consists of properties such as antioxidant, anti-inflammatory, hepatoprotective and neuro protective effects. Additionally, it has immune enhancement, anti-cancer function, and liver as well as kidney protection benefits. Phycocyanin has been used in the development of drugs and has been a focus in research activities. The natural products are being used in the treatment of diseases due to which the Phycocyanin has being given more importance as it has several benefits. This, there is a high demand in this product which is fueling the market growth. This growth is primarily driven by Wide Range of Usage is Propelling the Market Growth and Cost Effectiveness and Government Initiatives.
Market Drivers
- Wide Range of Usage is Propelling the Market Growth
- Cost Effectiveness and Government Initiatives
Market Trend
- Rising Demand for Organic and Natural Food Products
- Increasing Awareness among the Consumers
Restraints
- Environment Changes May Challenge the Production
Opportunities
· Rising Application of Phycocyanin and Increasing Usage in Food and Beverage Due to its High Nutritional Value
Challenges
· Contamination in Phycocyanin May Affect the Production
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The Global Phycocyanin Market segments and Market Data Break Down are illuminated below:
by Application (Natural colourant, Pharmaceuticals), Nature (Organic, Conventional), Form (Powder, Liquid)
Furthermore, the years considered for the study are as follows:
Historical year — 2015–2020
Base year — 2020
Forecast period** — 2021 to 2026 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Major Highlights of TOC:
Chapter One: Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
Chapter Two: Executive Summary
2.1. Introduction
Chapter Three: Market Dynamics
3.1. Introduction
3.2. Market Drivers, Trends, Challenges, Opportunities
Chapter Four: Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Impact Analysis — Post COVID-19
…………
Chapter Nine: Methodology and Data Source
Key questions answered
· Influential trends or factors that is booming demand and restraints in the market.
· What is the market concentration? Is it fragmented or highly concentrated?
· Global Phycocyanin Market Trends (Drivers, Constraints, Opportunities, Threats, Investment Opportunities, and Strategic Recommendations)
· Market share analysis of the top industry players ….
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