Phycocyanin Market: A Concise Overview of Its Expansion in the Food and Beverages Sector
The one of the major drivers for the global phycocyanin market are the growing demand for the natural colourants especially in the Western Europe region as artificial colourants or dyes are totally banned in Europe. Also, FDA approval for the spirullina in U.S market drives high opportunity for the phycocyanin market in the U.S. As, the production cost of the parent product spirulina microalgae is also very economical, phycocyanin pigments are finding increased application in food supplements, nutraceuticals, pharmaceuticals, cosmetics...
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