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Due To Wide Variety Of Applications, The Demand For Phycobiliproteins Is Increasing
Phycobiliproteins can be used as a natural colorant in the food & beverage industry, dyes, cosmetics & personal care industry and other industries. Consumer interest in product quality and safety are among the important trends in markets in developed and developing countries, especially in countries in Europe and North America. Consumers are curious about the accountability of different raw materials used in phycobiliproteins based products. Increasing concentration on the source of raw materials can be attributed to the significant usage of synthetic chemicals and pesticides in the agriculture sector in some of the developing countries. Consumers prefer natural and organic products only. Phycobiliproteins are natural due to which the demand for phycobiliproteins is increasing in the food industry, pharmaceuticals, and the cosmetic industry. Phycobiliproteins also can be made into a fluorescent reagent using in, immune chemical, biological engineering research field, and clinical medical diagnosis. The awareness about phycobiliproteins is less amongst the population and the cost of the phycobiliproteins is high, which is a restraint for the phycobiliproteins market.
Phycobiliproteins are used widely in food applications. Phycobiliproteins are used in packed and frozen food products. The employees and students who live away from their home are increasing due to their busy schedules they cannot cook at home so they prefer packed and frozen products which is convenient for them. As the consumption of frozen food products is increasing the demand for phycobiliproteins is also growing. The phycobiliproteins are used in dietary supplements such as protein powder, protein drinks, and protein bars, etc. The number of health-conscious consumers is increasing which is helping to boost the growth rate of phycobiliproteins. Health-conscious consumers consume protein shakes and protein oriented food after their workout to get the proper amount of nutrients. The nutraceuticals companies increasing the production of protein-based products which is creating the demand for the phycobiliproteins. Phycobiliproteins is also used in personal care products such as shampoos, skin creams, and anti-aging creams, etc.
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Phycobiliproteins Market: Key Participants
- DIC Corporation
- Parry Nutraceuticals
- Norland Biotech
- King DnarmsaSpirulina
- SETA BioMedicals
- Zhejiang Binmei Biotechnology
- Nan Pao International Biotech
- Phyco-Biotech
- Japan Algae
- WuliLvqi
- Dainippon Ink and Chemicals
- Ozone Naturals
- Norland Biotech
- Columbia Bioscience
- Sigma-Aldrich
- Algapharma Biotech
The report covers exhaustive analysis on:
- Phycobiliproteins market Segments
- Phycobiliproteins market Dynamics
- Phycobiliproteins market Size
- Phycobiliproteins Supply and Demand
- Current Trends/Issues/Challenges pertaining to phycobiliproteins market
- Competition Landscape and Emerging Market Participants in phycobiliproteins market
- Technology related to Production/Processing of phycobiliproteins.
- Value Chain Analysis of the phycobiliproteins market
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
On the basis of type, the phycobiliproteins market is segmented into:
- Phycoerythrin
- Allophycocyanin
- Phycoerythrocyanin
- Phycocyanin
On the basis of end use, the phycobiliproteins market is segmented into:
- Food Industry
- Cosmetics & Personal Care Industry
- Dietary Supplements
- Pharmaceuticals
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Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the phycobiliproteins market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in phycobiliproteins market
- Competitive landscape of the phycobiliproteins market.
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective phycobiliproteins market performance
- Must-have information for phycobiliproteins market players to sustain and enhance their market footprint.
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