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Phycocyanin Market worth US$ 114.8 million by 2022- Scalar Market Research


According to the new market research report, "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", published by Scalar Market Research, the global Phycocyanin Market worth US$ 114.8 million by 2022, at a CAGR of 4.7%


The global Phycocyanin market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.

Browse Report Summary:

Early buyers will receive 10% free customization on this report.

Key findings of the report:

  • An increasing demand for the natural products, rise in the demand for high protein diet, and growing geriatric population are some of the factors analysed 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.

Detailed Segmentation of Phycocyanin Market

The report segments the global Phycocyanin market by types, applications and geographical regions. Based on types, the report segments the global Phycocyanin market into Food Grade, Pharmaceutical Grade, Cosmetic Grade and others. The applications segment is categorised into Food, Cosmetic, Pharmaceutical and others. Regionally, the report segments the global Phycocyanin market into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.

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Key Topics Covered:

  • Market Overview
  • Executive Summary
  • Market Dynamics
  • Industry Analysis
  • Phycocyanin Market, By Types
  • Phycocyanin Market, By Applications
  • Phycocyanin Market, By Geography
  • Competitive Landscape

Key Market Players

  • Parry Nutraceuticals
  • Japan Algae Co., Ltd
  • Ozone Naturals
  • Nan Pao International Biotech. Co., Ltd.
  • EcoFuel Laboratories
  • Fuqing King Dnarmsa Spirulina Co., Ltd
  • Tianjin Norland Biotech Co., Ltd.

About Scalar Market Research

Scalar Market Research, Inc. is a Chicago, U.S.-based market research and consulting company serving Fortune 1000 companies, leading businesses and upcoming organizations from around the world in achieving their business goal of sustainable revenue growth, utilizing Scalar's premium market research reports and consulting services. Scalar Market Research is a portfolio company of ALCOR GROUP, a U.S.-based Mergers & Acquisitions giant with immense experience and connection with more than 1500 global funds which include leading Angel, VC, PE, Hedge, LBO, and Buyout Funds.

Scalar’s real-time industry data tracking, with the help of advanced analytics and machine learning, offers our clients highly accurate 360-degree perspective of key developments in niche markets. Our team of industry experts, with a thorough understanding of global markets and cumulative industry experience spanning 100+ years, works relentlessly to help our clients realize their most important business goals.

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