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Phycocyanin Market Forecast to 2022 - Scalar Market Research

03-16-2017 09:33 AM CET | Health & Medicine

Press release from: Scalar Market Research

Phycocyanin Market Forecast to 2022 - Scalar Market Research

Phycocyanin Market, by Types (Food Grade, Pharmaceutical Grade, Cosmetic Grade), Applications (Food, Cosmetic, Pharmaceutical, Others) - Global Revenue, Volume, Trends, Growth, Share, Size, and Forecast to 2022

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The global phycocyanin market is expected to witness healthy growth during the forecast period, due to the increasing demand for natural products from around the world. Phycocyanin is a pigment-protein complex, a part of the light-harvesting phycobiliprotein family, along with phycoerythrin and allophycocyanin. It is an accessory pigment to chlorophyll. All phycobiliproteins are water-soluble, hence cannot exist within the membrane like carotenoids. Phycobiliproteins collectively form clusters that stick to the membrane called phycobilisomes. Phycocyanin is a typical light blue color, absorbing red and orange light, particularly near 620 nm and emits fluorescence at about 650 nm. Phycocyanins are found in blue-green algae (Cyanobacteria).

The report on the phycocyanin market tracks the major events taking place in this market, which include technological advancements, innovative business strategies, and product launches. The report forecasts the growth and revenue forecasts for this market for the next four to five years. It also strategically analyzes the key micro markets, drivers, opportunities, restraints, and challenges in this market.

KEY PREMIUM INDUSTRY INSIGHTS:

An increasing demand for the natural products, rise in the demand for high protein diet, and growing geriatric population are some of the factors analyzed to drive the global phycocyanin market.

Furthermore, increasing applications of phycocyanin in food, cosmetic, and pharmaceutical industry, as a natural colorant, are expected to drive the market during the forecast period.

Additionally, rising healthcare awareness and advantages associated with phycocyanin is likely to increase the demand for the product during the near future.

However, stringent regulatory norms may hamper the growth of the phycocyanin market.

RESEARCH METHODOLOGY:

The research methodology for Scalar Market Research’s phycocyanin market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

Browse Report: https://www.scalarmarketresearch.com/market-reports/phycocyanin-market

About Scalar Market Research:

Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.

Find out more about our services at: www.scalarmarketresearch.com

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