Phycocyanin Market Segmentation By Nature-Organic, Conventional; Form- Powder, Liquid; Application- Food and Beverage, Nutraceutical, Animal Feed, Cosmetics & Personal Care

Future Market Insights offers a ten-year forecast for the global phycocyanin market between 2018 and 2028. The report also includes macroeconomic indicators along with an outlook on phycocyanin for the global market. The study demonstrates in-depth analysis of the key market dynamics, which are expected to influence the market performance in the long run. The report also comprises the study of current issues with consumers and opportunities for phycocyanin. The report also offers updates on recent trends, key drivers and restraints, volume and value forecasts, and various opportunities for manufacturers operating in the global and regional phycocyanin markets.

After an extensive study of the global phycocyanin market, it has been noted that food & beverages industry has highly influenced this market in the past, and is expected to account for a considerable demand for phycocyanin throughout the projected period of 10-years. We have observed that stringent standards by regulatory bodies across the globe has created a major impact on the global phycocyanin market. After examining this market thoroughly, our analysts have arrived at a conclusion that the key players operating in this market are focusing on enhancing production capacity and innovation in terms of various forms and nature that find its way in a plethora of different applications. According to the report, the market concentration of key players in the global phycocyanin market is increasing continuously, both on vertical as well as on horizontal levels. Producers of phycocyanin are entering into mergers and acquisitions in order to increase their production capacity.

In order to provide users of this report with a comprehensive view of the market, we have included detailed competition analysis of the key market players and strategic overview. The dashboard provides a detailed comparison of phycocyanin manufacturers on parameters such as total revenue, product offerings, and key strategy. The study encompasses market attractiveness analysis by nature, form, application, and region. The report includes phycocyanin market company profiles and the revenue generated from the companies across North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and the Middle East & Africa.

By region, Western Europe is expected to be the largest market. The phycocyanin market in Western Europe is estimated to reach US$ 78.3 Mn by the end of 2028. However, North America is also expected to reflect higher growth potential. The North America phycocyanin market is projected to grow at the highest pace to register a value CAGR of 8.4% throughout the period of forecast. This region is the second highest in terms of market value.

By nature, the conventional segment leads the market with a high revenue share. The organic segment is poised to register a higher CAGR of 8.6% in the said period.

By form, the powder segment is the most beneficial and highly accepted form of phycocyanin. The powder segment is expected to grow at the highest pace to reflect a 7.6% CAGR during the period of forecast and is estimated to reach a market value of a little under US$ 219 Mn by 2028 end.

By application, the food & beverages segment is the largest in terms of market value and is estimated to reflect a market valuation of more than US$ 190 Mn by the end of the period of assessment. The nutraceuticals segment in the application category is expected to grow at the fastest pace to register a value CAGR of 8.6% during 2018-2028.

Top-down approach has been used to estimate the phycocyanin market by countries. Global market numbers by source have been derived using the bottom-up approach, which is cumulative of each country’s demand. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, and Hoover’s, and company annual reports and publications.

The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major companies operating in the global phycocyanin market are Chr. Hansen A/S, Sensient Technologies Corp, Parry Nutraceuticals Limited, Cyanotech Corp, DIC Corporation, GNC Holdings, Inc., DDW Inc., Now Health Group Inc., Parry Nutraceuticals Limited, Fraken Biochem Co., Ltd., Naturex S.A, Döhler GmbH and Far East Bio-Tec Co., Ltd. (ALGAPHARMA BIOTECH CORP) have been included.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities.

Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global phycocyanin market.

Key Segments Covered in the Report Include -

Analysis by Nature

• Organic

• Conventional

Analysis by Form

• Powder

• Liquid

Analysis by Application

• Food and Beverage

• Nutraceutical

• Animal Feed

• Cosmetics & Personal Care

• Others

Analysis by Region

• North America

• Latin America

• Western Europe

• Eastern Europe

• Asia Pacific excluding Japan

• Japan

• Middle East & Africa

Phycocyanin Market Reports - Table of Contents

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Phycocyanin Market Background

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Global Economic Outlook

3.3.1. Global GDP by Region and Country, 2006–2021

3.3.2. Global Industry Value Added

3.3.3. Global Essential Oil Market Outlook

3.4. Global Enzymes Market Outlook

3.5. Key Regulations

3.6. Value Chain Analysis

3.7. Market Dynamics

3.7.1. Drivers

3.7.2. Challenges

3.7.3. Restraints

3.7.4. Trends

4. Global Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028

4.1. Market Volume (Metric Tons) Projections

4.2. Market Size (US$ Mn) Projections

4.2.1. Y-o-Y Projections

4.2.2. Absolute $ Opportunity Analysis

5. Global Phycocyanin Market Analysis and Forecast, By Region

5.1. Introduction

5.1.1. Market Value Share Analysis By Region

5.1.2. Y-o-Y Growth Analysis By Region

5.2. Historical Market Size (US$ Mn) and Volume By Region, 2013–2017

5.3. Market Size (US$ Mn) and Volume Forecast By Region, 2018-2028

5.3.1. North America

5.3.2. Latin America

5.3.3. Western Europe

5.3.4. Eastern Europe

5.3.5. Japan

5.3.6. Asia Pacific Excluding Japan

5.3.7. Middle East & Africa

5.4. Market Attractiveness Analysis By Region

6. Global Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028, by Nature

6.1. Introduction

6.1.1. Market Value Share Analysis By Nature

6.1.2. Y-o-Y Growth Analysis By Nature

6.2. Historical Market Size (US$ Mn) and Volume By Nature, 2013–2017

6.3. Market Size (US$ Mn) and Volume Forecast By Nature, 2018-2028

6.3.1. Organic

6.3.2. Conventional

6.4. Market Attractiveness Analysis By Nature

7. Global Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028, by Form

7.1. Introduction

7.1.1. Market Value Share Analysis By Form

7.1.2. Y-o-Y Growth Analysis By Form

7.2. Historical Market Size (US$ Mn) and Volume By Form, 2013–2017

7.3. Market Size (US$ Mn) and Volume Forecast By Form, 2018-2028

7.3.1. Powder

7.3.2. Liquid

7.4. Market Attractiveness Analysis By Form

8. Global Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028, by Application

8.1. Introduction

8.1.1. Market Value Share Analysis By Application

8.1.2. Y-o-Y Growth Analysis By Application

8.2. Historical Market Size (US$ Mn) and Volume By Application, 2013–2017

8.3. Market Size (US$ Mn) and Volume Forecast By Application, 2018-2028

8.3.1. Food & Beverages

8.3.1.1. Confectionery

8.3.1.2. Drinks

8.3.1.3. Dairy Products

8.3.1.4. Others

8.3.2. Nutraceuticals

8.3.3. Animal Feed

8.3.4. Cosmetics & Personal Care

8.3.5. Others

8.4. Market Attractiveness Analysis By Application

9. North America Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028

9.1. Introduction

9.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017

9.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028

9.3.1. By Country

9.3.1.1. U.S.

9.3.1.2. Canada

9.3.2. By Nature

9.3.3. By Form

9.3.4. By Application

9.3.5. By Sales Channel

9.4. Market Attractiveness Analysis

9.4.1. By Country

9.4.2. By Nature

9.4.3. By Form

9.4.4. By Application

9.4.5. By Sales Channel

10. Latin America Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028

10.1. Introduction

10.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017

10.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028

10.3.1. By Country

10.3.1.1. Brazil

10.3.1.2. Mexico

10.3.1.3. Rest of Latin America

10.3.2. By Nature

10.3.3. By Form

10.3.4. By Application

10.3.5. By Sales Channel

10.4. Market Attractiveness Analysis

10.4.1. By Country

10.4.2. By Nature

10.4.3. By Form

10.4.4. By Application

10.4.5. By Sales Channel

11. Western Europe Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028

11.1. Introduction

11.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017

11.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028

11.3.1. By Country

11.3.1.1. Germany

11.3.1.2. United Kingdom

11.3.1.3. France

11.3.1.4. Italy

11.3.1.5. Spain

11.3.1.6. Rest of Western Europe

11.3.2. By Nature

11.3.3. By Form

11.3.4. By Application

11.3.5. By Sales Channel

11.4. Market Attractiveness Analysis

11.4.1. By Country

11.4.2. By Nature

11.4.3. By Form

11.4.4. By Application

11.4.5. By Sales Channel

12. Eastern Europe Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028

12.1. Introduction

12.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017

12.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028

12.3.1. By Country

12.3.1.1. Russia

12.3.1.2. Poland

12.3.1.3. Rest of Eastern Europe

12.3.2. By Nature

12.3.3. By Form

12.3.4. By Application

12.3.5. By Sales Channel

12.4. Market Attractiveness Analysis

12.4.1. By Country

12.4.2. By Nature

12.4.3. By Form

12.4.4. By Application

12.4.5. By Sales Channel

13. Asia Pacific Excluding Japan Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028

13.1. Introduction

13.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017

13.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028

13.3.1. By Country

13.3.1.1. India

13.3.1.2. China

13.3.1.3. Australia and New Zealand

13.3.1.4. ASEAN

13.3.1.5. Rest of APAC

13.3.2. By Nature

13.3.3. By Form

13.3.4. By Application

13.3.5. By Sales Channel

13.4. Market Attractiveness Analysis

13.4.1. By Country

13.4.2. By Nature

13.4.3. By Form

13.4.4. By Application

13.4.5. By Sales Channel

14. Middle East & Africa Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028

14.1. Introduction

14.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017

14.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028

14.3.1. By Country

14.3.1.1. GCC Countries

14.3.1.2. South Africa

14.3.1.3. Rest of MEA

14.3.2. By Nature

14.3.3. By Form

14.3.4. By Application

14.3.5. By Sales Channel

14.4. Market Attractiveness Analysis

14.4.1. By Country

14.4.2. By Nature

14.4.3. By Form

14.4.4. By Application

14.4.5. By Sales Channel

15. Japan Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028

15.1. Introduction

15.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017

15.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028

15.3.1. By Nature

15.3.2. By Form

15.3.3. By Application

15.3.4. By Sales Channel

15.4. Market Attractiveness Analysis

15.4.1. By Nature

15.4.2. By Form

15.4.3. By Application

15.4.4. By Sales Channel

16. Competition Analysis

16.1. Competition Dashboard

16.2. Competitive Benchmarking

16.3. Profitability and Gross Margin Analysis By Competition

16.4. Competition Developments (Mergers, Acquisitions and Expansions)

16.5. Competition Deepdive

16.5.1. Sensient Technologies Corporation

16.5.1.1. Overview

16.5.1.2. Product Portfolio

16.5.1.3. Profitability by Market Segments (Product/Channel/Region)

16.5.1.4. Production Footprint

16.5.1.5. Sales Footprint

16.5.1.6. Channel Footprint

16.5.1.7. Gross Margin Benchmarking

16.5.1.8. Strategy Overview

16.5.1.8.1. Marketing Strategy

16.5.1.8.2. Product Strategy

16.5.1.8.3. Channel Strategy

16.5.2. CHR Hansen A/S

16.5.2.1. Overview

16.5.2.2. Product Portfolio

16.5.2.3. Profitability by Market Segments (Product/Channel/Region)

16.5.2.4. Production Footprint

16.5.2.5. Sales Footprint

16.5.2.6. Channel Footprint

16.5.2.7. Gross Margin Benchmarking

16.5.2.8. Strategy Overview

16.5.2.8.1. Marketing Strategy

16.5.2.8.2. Product Strategy

16.5.2.8.3. Channel Strategy

16.5.3. DIC Corporation

16.5.3.1. Overview

16.5.3.2. Product Portfolio

16.5.3.3. Profitability by Market Segments (Product/Channel/Region)

16.5.3.4. Production Footprint

16.5.3.5. Sales Footprint

16.5.3.6. Channel Footprint

16.5.3.7. Gross Margin Benchmarking

16.5.3.8. Strategy Overview

16.5.3.8.1. Marketing Strategy

16.5.3.8.2. Product Strategy

16.5.3.8.3. Channel Strategy

16.5.4. DDW The Color House

16.5.4.1. Overview

16.5.4.2. Product Portfolio

16.5.4.3. Profitability by Market Segments (Product/Channel/Region)

16.5.4.4. Production Footprint

16.5.4.5. Sales Footprint

16.5.4.6. Channel Footprint

16.5.4.7. Gross Margin Benchmarking

16.5.4.8. Strategy Overview

16.5.4.8.1. Marketing Strategy

16.5.4.8.2. Product Strategy

16.5.4.8.3. Channel Strategy

16.5.5. Naturex S.A.

16.5.5.1. Overview

16.5.5.2. Product Portfolio

16.5.5.3. Profitability by Market Segments (Product/Channel/Region)

16.5.5.4. Production Footprint

16.5.5.5. Sales Footprint

16.5.5.6. Channel Footprint

16.5.5.7. Gross Margin Benchmarking

16.5.5.8. Strategy Overview

16.5.5.8.1. Marketing Strategy

16.5.5.8.2. Product Strategy

16.5.5.8.3. Channel Strategy

16.5.6. Dohler Group

16.5.6.1. Overview

16.5.6.2. Product Portfolio

16.5.6.3. Profitability by Market Segments (Product/Channel/Region)

16.5.6.4. Production Footprint

16.5.6.5. Sales Footprint

16.5.6.6. Channel Footprint

16.5.6.7. Gross Margin Benchmarking

16.5.6.8. Strategy Overview

16.5.6.8.1. Marketing Strategy

16.5.6.8.2. Product Strategy

16.5.6.8.3. Channel Strategy

16.5.7. Cyanotech Corporation

16.5.8. Dongtai City Spirulina Bio-engineering Co., Ltd

16.5.9. Fuqing King Dnarmsa Spirulina Co., Ltd

16.5.10. Naturalin Bio-Resources Co., Ltd

16.5.11. Fraken Biochem

16.5.12. Parry Nutraceuticals

16.5.13. Far East Bio-Tec Co., Ltd. (ALGAPHARMA BIOTECH CORP.).

16.5.14. GNT Holding B.V.

17. Research Methodology