Parry Nutraceuticals, Synthite Industries form partnership to extract Phycocyanin

Parry Nutraceuticals (a division of EID Parry and part of the Murugappa Group) and Synthite Industries have forged a partnership to apply proprietary patented technologies for extraction of Phycocyanin, a natural blue pigment found in Spirulina.
 
Phycocyanin offers excellent stability and flexibility for application in a variety of food and beverages. Spirulina is being consumed for many decades as a health supplement and is proven safe. Natural Blue is one of the primary colours, which is difficult to master and has very limited sources that are acceptable by regulatory bodies. Phycocyanin (extracted from Spirulina) is approved by all major regulatory bodies in USA, EU, Japan and South Korea as food colour. 
 
Therefore, huge growth is expected in the natural food colours segment mainly driven by the consumer’s demand for clean labels and favourable regulations.