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Phycocyanin Market is Poised to Increase at a CAGR of 10.6% by 2031 | insightSLICE

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Phycocyanin Market is Poised to Increase at a CAGR of 10.6% by 2031 | insightSLICE

October 30
20:55 2021
Phycocyanin Market is Poised to Increase at a CAGR of 10.6% by 2031 | insightSLICE
Phycocyanin Market Research Report- insightSLICE
According to insightSLICE, Global phycocyanin market size stood at $130 million in 2020 & is projected to reach $391 million by 2031, at a CAGR of 10.6% in the forecast period 2021-2031.

As per a recent survey by insightSLICE, Global phycocyanin market size is expected to reach USD 391 million by 2031, exhibiting a CAGR of 10.6% during the forecast period 2021-2031. It is a blue pigment that is imperative to help sound inflammatory reaction and has numerous cancer prevention agent traits. Worldwide regular phycocyanin market size from beauty care and grooming products application might enroll gains that are significantly high by 2031 relating to the expanding buyer focus on personal home care and grooming items. 

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Competitive Landscape

Some of the major players in the Phycocyanin market are 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, Döhler GmbH, Naturex S.A., Naturalin Bio-Resources Co., Ltd, Far East Bio-Tec Co., Ltd.,   Fraken Biochem Co., Ltd, and others.

Players in the Phycocyanin market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.

The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Phycocyanin market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Phycocyanin market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.

Segmentation Overview:

Based on Nature

  • Organic
  • Conventional
  • Other

Based on Form

  • Powder
  • Liquid
  • Other

Based on Grade

  • Phycocyanin E18
  • Phycocyanin E25
  • Phycocyanin E3.0
  • Other

Based on Applications

  • Food & beverages
  • Nutraceutical
  • Animal feed
  • Medicines/pharmaceutical
  • Biotechnology
  • Cosmetics & personal care
  • Aquaculture
  • Other

Users can Expect Following From this Report:

  • Impact of macro and microeconomic factors on the market: The author of report has included qualitative analysis to describe the factors impacting growth of market in a positive and negative way. Country level PESTLE analysis helps in knowing the future of market across prominent countries.
  • COVID-19 impact: The global crisis has had implications on every industry. Our team of analysts has been incessantly monitoring the impact of COVID-19 on the market. There is a separate section included in the report to highlight the setbacks suffered during the crisis period.
  • insightSLICE’s authentic industry forecast that are dependable for strategic decisions involving financial and marketing planning
  • Industry Sectors to be Targeted: An elaborate explanation about what industry sector/s is anticipated to grow in near and long-term future.  The findings are based on latest industry trends, reviews, strategic collaborations between industry players and first-hand experience of the ecosystem participants.
  • Assess the market position of competitors, partners and clients via our Competitive Landscape Analysis. Strategies adopted by prominent and emerging market players, the synergies between channel partners, geographic performance of global and domestic players and similar pointers have been studied and described in this section.

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Why you should buy this report

  • Benefit from the latest healthcare market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the industry
  • Get a full view of the competitive landscape to assess your healthcare market position

The Phycocyanin Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the healthcare market.

Access to Excel Sheet and PDF [email protected]

About Us:

insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.

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