The anticipated value of the worldwide phycocyanin market in 2022 was US$ 754.40 million. The market is anticipated to reach US$ 1,487.7 million, growing at a CAGR of 7% from 2023 to 2033 due to shifting customer preferences toward natural food-grade substances. Phycocyanin is a natural blue pigment derived from certain species of blue-green algae, also known as …
Tag Archives: Phycocyanin Market Industry share
Phycocyanin Market Poised to Reach US$ 1.487 Billion by 2033, Growing Opportunities in Natural Food Coloring and Nutritional Supplements
The anticipated value of the worldwide phycocyanin market in 2022 was US$ 754.40 million. The market is anticipated to reach US$ 1,487.7 million, growing at a CAGR of 7% from 2023 to 2033 due to shifting customer preferences toward natural food-grade substances. The benefits of phycocyanin, a substance produced from spirulina, in terms of nutrition and color …