Phycobiliproteins Market
Phycobiliproteins Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Phycobiliproteins Market Size and Growth
The Phycobiliproteins market is experiencing significant growth, driven by increasing demand in pharmaceuticals, food, and cosmetics. The global market size is projected to reach approximately $300 million by 2026, with a CAGR of around 8% from 2021. Key trends include advancements in extraction technologies and rising health awareness among consumers. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Parry Nutraceuticals
◍ EID Parry
◍ Nan Pao International Biotech
◍ King Dnarmsa Spirulina
◍ DIC Corporation
◍ BINMEI
◍ NOW Foods
◍ Algapharma Biotech
◍ Japan Algae
◍ Cyanotech Corporation (CC)
◍ Naturya
◍ Aim Grow Biotech Co., Ltd
◍ Algene Biotech
The phycobiliproteins market is supported by key players like Parry Nutraceuticals, EID Parry, and Cyanotech, which develop high-quality products for nutraceuticals and cosmetics. Companies leverage research and innovation to enhance applications, helping expand market reach. Notable sales revenues include:
- Cyanotech: $20 million
- NOW Foods: $130 million
- DIC Corporation: $1 billion Request Sample Report
Market Segmentation
By Application
◍ Food Industry
◍ Cosmetics and Personal Care Industry
◍ Dietary Supplements
◍ Medicine
By Product
◍ Phycoerythrin
◍ Isocyanidin
◍ Phycoerythrin
◍ Phycocyanin
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Market Growth
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$ X Billion USD
