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 - List of Tables

Table 1: Global Phycocyanin Market Value (US$ Mn) Forecast, By Region, 2016–2028

Table 2: Global Phycocyanin Market Volume (MT) Forecast, By Region, 2016–2028

Table 3: Global Phycocyanin Market Value (US$ Mn), By Nature, 2016–2028

Table 4: Global Phycocyanin Market Volume (MT), By Nature, 2016–2028

Table 5: Global Phycocyanin Market Value (US$ Mn), By Form, 2012–2025

Table 6: Global Phycocyanin Market Volume (MT), By Form, 2012–2025

Table 7: Global Phycocyanin Market Value (US$ Mn), By Application, 2016–2028

Table 8: Global Phycocyanin Market Volume (US$ Mn), By Application, 2016–2028

Table 9: North America Phycocyanin Market Value (US$ Mn), By Country, 2016–2028

Table 10: North America Phycocyanin Market Volume (MT), By Country, 2016–2028

Table 11: North America Phycocyanin Market Value (US$ Mn), By Nature, 2016–2028

Table 12: North America Phycocyanin Market Volume (MT), By Nature, 2016–2028

Table 13: North America Phycocyanin Market Value (US$ Mn), By Form, 2016–2028

Table 14: North America Phycocyanin Market Volume (MT), By Form, 2016–2028

Table 15: North America Phycocyanin Market Value (US$ Mn), By Application, 2016–2028

Table 16: North America Phycocyanin Market Volume (US$ Mn), By Application, 2016–2028

Table 17: Latin America Phycocyanin Market Value (US$ Mn), By Country, 2016–2028

Table 18: Latin America Phycocyanin Market Volume (MT), By Country, 2016–2028

Table 19: Latin America Phycocyanin Market Value (US$ Mn), By Nature, 2016–2028

Table 20: Latin America Phycocyanin Market Volume (MT), By Nature, 2016–2028

Table 21: Latin America Phycocyanin Market Value (US$ Mn), By Form, 2016–2028

Table 22: Latin America Phycocyanin Market Volume (MT), By Form, 2016–2028

Table 23: Latin America Phycocyanin Market Value (US$ Mn), By Application, 2016–2028

Table 24: Latin America Phycocyanin Market Volume (US$ Mn), By Application, 2016–2028

Table 25: Western Europe Phycocyanin Market Value (US$ Mn) Forecast, By Country, 2016–2028

Table 26: Western Europe Phycocyanin Market Volume (MT) Forecast, By Country, 2016–2028

Table 27: Western Europe Phycocyanin Market Value (US$ Mn), By Nature, 2016–2028

Table 28: Western Europe Phycocyanin Market Volume (MT), By Nature, 2016–2028

Table 29: Western Europe Phycocyanin Market Value (US$ Mn), By Form, 2016–2028

Table 30: Western Europe Phycocyanin Market Volume (MT), By Form, 2016–2028

Table 31: Western Europe Phycocyanin Market Value (US$ Mn), By Application, 2016–2028

Table 32: Western Europe Phycocyanin Market Volume (US$ Mn), By Application, 2016–2028

Table 33: Eastern Europe Phycocyanin Market Value (US$ Mn), By Country, 2016–2028

Table 34: Eastern Europe Phycocyanin Market Volume (MT), By Country, 2016–2028

Table 35: Eastern Europe Phycocyanin Market Value (US$ Mn), By Nature, 2016–2028

Table 36: Eastern Europe Phycocyanin Market Volume (MT), By Nature, 2016–2028

Table 37: Eastern Europe Phycocyanin Market Value (US$ Mn), By Form, 2016–2028

Table 38: Eastern Europe Phycocyanin Market Volume (MT), By Form, 2016–2028

Table 39: Eastern Europe Phycocyanin Market Value (US$ Mn), By Application, 2016–2028

Table 40: Eastern Europe Phycocyanin Market Volume (US$ Mn), By Application, 2016–2028

Table 41: Asia Pacific Phycocyanin Market Value (US$ Mn) Forecast, By Country, 2016–2028

Table 42: Asia Pacific Phycocyanin Market Volume (MT) Forecast, By Country, 2016–2028

Table 43: APEJ Phycocyanin Market Value (US$ Mn), By Nature, 2016–2028

Table 44: APEJ Phycocyanin Market Volume (MT), By Nature, 2016–2028

Table 45: APEJ Phycocyanin Market Value (US$ Mn), By Form, 2016–2028

Table 46: APEJ Phycocyanin Market Volume (MT), By Form, 2016–2028

Table 47: APEJ Phycocyanin Market Value (US$ Mn), By Application, 2016–2028

Table 48: APEJ Phycocyanin Market Volume (US$ Mn), By Application, 2016–2028

Table 49: MEA Phycocyanin Market Value (US$ Mn) Forecast, By Country, 2016–2028

Table 50: MEA Phycocyanin Market Volume (MT) Forecast, By Country, 2016–2028

Table 51: MEA Phycocyanin Market Value (US$ Mn), By Nature, 2016–2028

Table 52: MEA Phycocyanin Market Volume (MT), By Nature, 2016–2028

Table 53: MEA Phycocyanin Market Value (US$ Mn), By Form, 2016–2028

Table 54: MEA Phycocyanin Market Volume (MT), By Form, 2016–2028

Table 55: MEA Phycocyanin Market Value (US$ Mn), By Application, 2016–2028

Table 56: MEA Phycocyanin Market Volume (US$ Mn), By Application, 2016–2028

Table 57: Japan Phycocyanin Market Value (US$ Mn), By Nature, 2016–2028

Table 58: Japan Phycocyanin Market Volume (MT), By Nature, 2016–2028

Table 59: Japan Phycocyanin Market Value (US$ Mn), By Form, 2016–2028

Table 60: Japan Phycocyanin Market Volume (MT), By Form, 2016–2028

Table 61: Japan Phycocyanin Market Value (US$ Mn), By Application, 2016–2028

Table 62: Japan Phycocyanin Market Volume (US$ Mn), By Application, 2016–2028

Phycocyanin Market Reports - List of Figures

Figure 1: Global Phycocyanin Extract Market Value (US$ Mn) and Volume (MT) Forecast, 2018–2028

Figure 2: Global Phycocyanin Extract Market Absolute $ Opportunity (US$ Mn), 2018–2028

Figure 3: Global Phycocyanin Market Value Share (%) & BPS Analysis, by Region, 2018 & 2028

Figure 4: Global Phycocyanin Market Value Y-o-Y Growth (%), by Region, 2018–2028

Figure 5: Global Phycocyanin Market Attractiveness, By Region, 2018–2028

Figure 6: Global Phycocyanin Market Value Share (%) & BPS Analysis, by Nature, 2018 & 2028

Figure 7: Global Phycocyanin Market Value Y-o-Y Growth (%), by Nature, 2018–2028

Figure 8: Global Phycocyanin Market Attractiveness, By Nature, 2018–2028

Figure 9: Global Phycocyanin Market Value Share (%) & BPS Analysis, by Form, 2018 & 2028

Figure 10: Global Phycocyanin Market Value Y-o-Y Growth (%), by Form, 2018–2028

Figure 11: Global Phycocyanin Market Attractiveness, By Form, 2018–2028

Figure 12: Global Phycocyanin Market Value Share (%) & BPS Analysis, by Application, 2018 & 2028

Figure 13: Global Phycocyanin Market Value Y-o-Y Growth (%), by Application, 2018–2028

Figure 14: Global Phycocyanin Market Attractiveness, By Application, 2018–2028

Figure 15: North America Phycocyanin Market Value (US$ Mn) and Volume (MT) Forecast, 2018–2028

Figure 16: North America Phycocyanin Market Absolute $ Opportunity (US$ Mn), 2018–2028

Figure 17: North America Phycocyanin Market Value Share (%) & BPS Analysis, by Country, 2018 & 2028

Figure 18: North America Phycocyanin Market Value Y-o-Y Growth (%), By Country, 2018–2028

Figure 19: North America Market Attractiveness Index, By Country, 2018–2028

Figure 20: North America Phycocyanin Market Value Share (%) & BPS Analysis, by Nature, 2018 & 2028

Figure 21: North America Phycocyanin Market Value Y-o-Y Growth (%), by Nature, 2018–2028

Figure 22: North America Phycocyanin Market Attractiveness, By Nature, 2018–2028

Figure 23: North America Phycocyanin Market Value Share (%) & BPS Analysis, by Form, 2018 & 2028

Figure 24: North America Phycocyanin Market Value Y-o-Y Growth (%), by Form, 2018–2028

Figure 25: North America Phycocyanin Market Attractiveness, By Form, 2018–2028

Figure 26: North America Phycocyanin Market Value Share (%) & BPS Analysis, by Application, 2018 & 2028

Figure 27: North America Phycocyanin Market Value Y-o-Y Growth (%), by Application, 2018–2028

Figure 28: North America Phycocyanin Market Attractiveness, By Application, 2018–2028

Figure 29: Latin America Phycocyanin Market Value (US$ Mn) and Volume (MT) Forecast, 2018–2028

Figure 30: Latin America Phycocyanin Market Absolute $ Opportunity (US$ Mn), 2018–2028

Figure 31: Latin America Phycocyanin Market Value Share (%) & BPS Analysis, by Country, 2018 & 2028

Figure 32: Latin America Phycocyanin Market Value Y-o-Y Growth (%), By Country, 2018–2028

Figure 33: Latin America Market Attractiveness Index, By Country, 2018–2028

Figure 34: Latin America Phycocyanin Market Value Share (%) & BPS Analysis, by Nature, 2018 & 2028

Figure 35: Latin America Phycocyanin Market Value Y-o-Y Growth (%), by Nature, 2018–2028

Figure 36: Latin America Phycocyanin Market Attractiveness, By Nature, 2018–2028

Figure 37: Latin America Phycocyanin Market Value Share (%) & BPS Analysis, by Form, 2018 & 2028

Figure 38: Latin America Phycocyanin Market Value Y-o-Y Growth (%), by Form, 2018–2028

Figure 39: Latin America Phycocyanin Market Attractiveness, By Form, 2018–2028

Figure 40: Latin America Phycocyanin Market Value Share (%) & BPS Analysis, by Application, 2018 & 2028

Figure 41: Latin America Phycocyanin Market Value Y-o-Y Growth (%), by Application, 2018–2028

Figure 42: Latin America Phycocyanin Market Attractiveness, By Application, 2018–2028

Figure 43: Western Europe Phycocyanin Market Value (US$ Mn) and Volume (MT) Forecast, 2018–2028

Figure 44: Western Europe Phycocyanin Market Absolute $ Opportunity (US$ Mn), 2018–2028

Figure 45: Western  Europe Phycocyanin Market Value Share (%) & BPS Analysis, by Country, 2018 & 2028

Figure 46: Western  Europe Phycocyanin Market Value Y-o-Y Growth (%), By Country, 2018–2028

Figure 47: Western Europe Market Attractiveness Index, By Country, 2018–2028

Figure 48: Western Europe Phycocyanin Market Value Share (%) & BPS Analysis, by Nature, 2018 & 2028

Figure 49: Western Europe Phycocyanin Market Value Y-o-Y Growth (%), by Nature, 2018–2028

Figure 50: Western Europe Phycocyanin Market Attractiveness, By Nature, 2018–2028

Figure 51: Western Europe Phycocyanin Market Value Share (%) & BPS Analysis, by Form, 2018 & 2028

Figure 52: Western Europe Phycocyanin Market Value Y-o-Y Growth (%), by Form, 2018–2028

Figure 53: Western Europe Phycocyanin Market Attractiveness, By Form, 2018–2028

Figure 54: Western Europe Phycocyanin Market Value Share (%) & BPS Analysis, by Application, 2018 & 2028

Figure 55: Western Europe Phycocyanin Market Value Y-o-Y Growth (%), by Application, 2018–2028

Figure 56: Western Europe Phycocyanin Market Attractiveness, By Application, 2018–2028

Figure 57: Eastern Europe Phycocyanin Market Value (US$ Mn) and Volume (MT) Forecast, 2018–2028

Figure 58: Eastern Europe Phycocyanin Market Absolute $ Opportunity (US$ Mn), 2018–2028

Figure 59: Eastern Europe Phycocyanin Market Value Share (%) & BPS Analysis, by Country, 2018 & 2028

Figure 60: Eastern Europe Phycocyanin Market Value Y-o-Y Growth (%), By Country, 2018–2028

Figure 61: Eastern Europe Market Attractiveness Index, By Country, 2018–2028

Figure 62: Eastern Europe Phycocyanin Market Value Share (%) & BPS Analysis, by Nature, 2018 & 2028

Figure 63: Eastern Europe Phycocyanin Market Value Y-o-Y Growth (%), by Nature, 2018–2028

Figure 64: Eastern Europe Phycocyanin Market Attractiveness, By Nature, 2018–2028

Figure 65: Eastern Europe Phycocyanin Market Value Share (%) & BPS Analysis, by Form, 2018 & 2028

Figure 66: Eastern Europe Phycocyanin Market Value Y-o-Y Growth (%), by Form, 2018–2028

Figure 67: Eastern Europe Phycocyanin Market Attractiveness, By Form, 2018–2028

Figure 68: Eastern Europe Phycocyanin Market Value Share (%) & BPS Analysis, by Application, 2018 & 2028

Figure 69: Eastern Europe Phycocyanin Market Value Y-o-Y Growth (%), by Application, 2018–2028

Figure 70: Eastern Europe Phycocyanin Market Attractiveness, By Application, 2018–2028

Figure 71: APEJ Phycocyanin Market Value (US$ Mn) and Volume (MT) Forecast, 2018–2028

Figure 72: APEJ Phycocyanin Market Absolute $ Opportunity (US$ Mn), 2018–2028

Figure 73: Asia Pacific Phycocyanin Market Value Share (%) & BPS Analysis, by Country, 2018 & 2028

Figure 74: Asia Pacific Phycocyanin Market Value Y-o-Y Growth (%), By Country, 2018–2028

Figure 75: APEJ Market Attractiveness Index, By Country, 2018–2028

Figure 76: APEJ Phycocyanin Market Value Share (%) & BPS Analysis, by Nature, 2018 & 2028

Figure 77: APEJ Phycocyanin Market Value Y-o-Y Growth (%), by Nature, 2018–2028

Figure 78: APEJ Phycocyanin Market Attractiveness, By Nature, 2018–2028

Figure 79: APEJ Phycocyanin Market Value Share (%) & BPS Analysis, by Form, 2018 & 2028

Figure 80: APEJ Phycocyanin Market Value Y-o-Y Growth (%), by Form, 2018–2028

Figure 81: APEJ Phycocyanin Market Attractiveness, By Form, 2018–2028

Figure 82: APEJ Phycocyanin Market Value Share (%) & BPS Analysis, by Application, 2018 & 2028

Figure 83: APEJ Phycocyanin Market Value Y-o-Y Growth (%), by Application, 2018–2028

Figure 84: APEJ Phycocyanin Market Attractiveness, By Application, 2018–2028

Figure 85: MEA Phycocyanin Market Value (US$ Mn) and Volume (MT) Forecast, 2018–2028

Figure 86: MEA Phycocyanin Market Absolute $ Opportunity (US$ Mn), 2018–2028

Figure 87: MEA Phycocyanin Market Value Share (%) & BPS Analysis, by Country, 2018 & 2028

Figure 88: MEA Phycocyanin Market Value Y-o-Y Growth (%), By Country, 2018–2028

Figure 89: MEA Market Attractiveness Index, By Country, 2018–2028

Figure 90: MEA Phycocyanin Market Value Share (%) & BPS Analysis, by Nature, 2018 & 2028

Figure 91: MEA Phycocyanin Market Value Y-o-Y Growth (%), by Nature, 2018–2028

Figure 92: MEA Phycocyanin Market Attractiveness, By Nature, 2018–2028

Figure 93: MEA Phycocyanin Market Value Share (%) & BPS Analysis, by Form, 2018 & 2028

Figure 94: MEA Phycocyanin Market Value Y-o-Y Growth (%), by Form, 2018–2028

Figure 95: MEA Phycocyanin Market Attractiveness, By Form, 2018–2028

Figure 96: MEA Phycocyanin Market Value Share (%) & BPS Analysis, by Application, 2018 & 2028

Figure 97: MEA Phycocyanin Market Value Y-o-Y Growth (%), by Application, 2018–2028

Figure 98: MEA Phycocyanin Market Attractiveness, By Application, 2018–2028

Figure 99: Japan Phycocyanin Market Value (US$ Mn) and Volume (MT) Forecast, 2018–2028

Figure 100: Japan Phycocyanin Market Absolute $ Opportunity (US$ Mn), 2018–2028

Figure 101: Japan Phycocyanin Market Value Share (%) & BPS Analysis, by Nature, 2018 & 2028

Figure 102: Japan Phycocyanin Market Value Y-o-Y Growth (%), by Nature, 2018–2028

Figure 103: Japan Phycocyanin Market Attractiveness, By Nature, 2018–2028

Figure 104: Japan Phycocyanin Market Value Share (%) & BPS Analysis, by Form, 2018 & 2028

Figure 105: Japan Phycocyanin Market Value Y-o-Y Growth (%), by Form, 2018–2028

Figure 106: Japan Phycocyanin Market Attractiveness, By Form, 2018–2028

Figure 107: Japan Phycocyanin Market Value Share (%) & BPS Analysis, by Application, 2018 & 2028

Figure 108: Japan Phycocyanin Market Value Y-o-Y Growth (%), by Application, 2018–2028

Figure 109: Japan Phycocyanin Market Attractiveness, By Application, 2018–2028