Impact of Covid-19 on Phycocyanin Market Valuation to Reach US $230 Mn by 2029
According to a new study by TMR, the sales of phycocyanin are estimated to reach ~11 million metric tons in 2019. Growth of the phycocyanin market remains driven by a slew of aspects, which range from increased market demand for clean label products and changing regulations in the food and beverage industry, to growing awareness among consumers.
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