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Phycocyanin Market

Market Insights on Phycocyanin covering sales outlook, demand forecast & up-to-date key trends

Phycocyanin Market By Nature (Organic, Conventional), Form (Powder, Liquid), Grade (Phycocyanin E18, Phycocyanin E25, Phycocyanin E3.0) Application (Food & Beverage, Cosmetics & Personal Care, Nutraceuticals, Animal Feed, Aquaculture) & Region - Forecast to 2021 - 2031

About the Report

With growing phycocyanin applications in food and beverage, cosmetics and personal care industries due to high nutrition value of phycocyanin, the global phycocyanin market is anticipated to witness a substantial growth rate throughout the period of assessment. However, factors such as growing demand of phycocyanin due to cost efficiency, satisfactory government initiatives for the production of phycocyanin, and increasing health benefits awareness accompanied with phycocyanin making it a super food are pushing the growth of the global market.

Customer awareness is increasing regarding the use of Spirulina which is high in nutrients and used as a food source since last many years. Phycocyanin is a blue color pigment extracted from Spirulina and is utilized by manufacturers in food and beverages industry.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for phycocyanin. The report tracks the global sales of phycocyanin in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the food and beverage industry in general, and phycocyanin in particular.

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Historical and Future Outlook

Since 2013, the U.S. Food and Drug Administration (FDA) approved phyocyanin usage in food and beverage industry. In the last few years, many manufacturers have started producing phycocyanin due to the growing demand for natural and organic products. Additionally, many manufacturers have launched new and innovative colors made from phycocyanin which can propel the market to newer heights.

In 2016, phycocyanin extracted from Spirulina has become the most striking color globally and the regulatory bodies approved the utilization of phycocyanin in cosmetic and personal care industries owing to its texture and features. The European Food Safety Authority (EFSA), for food safety has banned the utilization of artificial colors in food products consumed in EU countries. This has improved growth prospects in the market.

Besides stringent regulations banning the use of artificial colors, rising awareness regarding health benefits of phycocyanin has been aiding the overall expansion. With regards to nutrition, 100 grams of phycocyanin consists of more than 60 grams of protein with various vitamins such as Vitamin A, B, C, E and K, carbohydrates, fibers with various minerals such as calcium, iron, magnesium, phosphorus, potassium, sodium, zinc and others.

Increasing awareness of harmful effects of artificial colors used in the food and beverage products has resulted in a surge in demand for more natural ingredient in the formulation of the product which is increasing the traction of phycocyanin as natural colorant in the market as key brands for food colors are going clean label and more natural.

However, phycocyanin contamination is critically affecting production, constant variations in import and export of phycocyanin and rough environment change stimulating the production of phycocyanin are disturbing the growth of the global phycocyanin market.

According to FMI’s analysis, phycocyanin sales have grown at 5.2% CAGR between 2016 and 2020.

Consumers’ interest is piqued in natural products, creating opportunities for products obtained from organic sources. Companies functioning in the phycocyanin market are expected to leverage this opportunity during the forecast period. Key players in phycocyanin market are greatly concentrating on research & development (R&D) activities to develop multi-functional profiles of naturally obtained phycocyanin from Spirulina which offers high health benefits.

Nowadays, manufacturers are increasingly examining phycocyanin, however, some companies have implemented new practices. Driven by trends such as incorporating anti-oxidant properties in cosmetics, new entrants within the market have been focusing on innovations. These advances present a progressive outlook for growth. FMI expects global phycocyanin market to grow at 6.8% CAGR through 2031.

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Why Phycocyanin is Gaining Traction in Cosmetic Industry?

Application of phycocyanin in the cosmetic industry is increasing since it contains anti-oxidant properties. Nowadays, micro-algae is been utilized for the treatment of skin problems, which includes pigment disorders, tanning and aging. Furthermore, prospects for skin whitening, anti-aging and pigmentation reducing products are considerably high and this will create lucrative growth opportunities for the market.

  • For example, Kunye’s Nourish Face Mask, also known as the “green smoothie for your face” is gaining acceptance among the health conscious customers. Nourish Face Mask is an organic face mask that combines formula such as phycocyanin, wheatgrass, neem, sea kelp, and Canadian bentonite Clay.

Why Super Food is Creating Positive Buzz in the Phycocyanin Market?

Due to the growing demand for natural products, phycocyanin demand in industries such as beverage, food, animal feed, pet food, cosmetics and nutraceutical has increased. Phycocyanin is considered as super food as it is a naturally grown food with highest amount of protein. Natural health benefits of phycocyanin lowers the LDL cholesterol and raises HDL cholesterol in the body. Additionally, phycocyanin also helps in preventing medical conditions such as macular degeneration and arthritis.

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What is the Regulatory Impact on Global Phycocyanin Sales?

Key manufacturers got FDA approval for the use of natural colors produced from phycocyanin in 2013. Furthermore, till the end of 2016, various companies globally were producing natural colors from phycocyanin such as green, blue, red, and brown. However, the blue color phycocyanin has become the most active color globally due to its texture and features and also primarily due to its utilization in food and beverage industry.

  • FDA and EFSA have published regulations related to phycocyanin and its products which state that these products can have arsenic and lead in acceptable limits. Due to high contamination, phycocyanin products of many China-based companies are banned in 2015 and 2016 due to high soil and water pollution in China.

EFSA, the regulatory agency of EU countries has banned the utilization of synthetic color for food safety for the products that are consumed in EU countries, which subsequently promotes the growth for natural color market.

Manufacturers have also started launching new innovative colors which can change the course of action of the whole industry.

DDW Inc., a U.S. based food colorant's manufacturer launched a new blue color phycocyanin liquid with improved light stability by up to 40%.

Country-wise Insights

How Big is the Opportunity in U.S.?

FMI has projected the U.S. to remain one of the most lucrative markets throughout the forecast period. The North America food and beverage industry remains on a steady pitch, due to stable consumer spending in the region. In the U.S., variations in the Food Safety Modernization Act (FSMA) can define that America’s food safety laws focuses less on claims of food adulteration and more on prevention of food contamination.

Rising awareness regarding the role of food in well-being of the people has made consumers in U.S. and Canada more observant towards the ingredients utilized by manufacturers. Moreover, due to inclination towards healthy foods, the North American food and beverage companies has been expanding their portfolios.

  • Companies such as DDW Inc. and Cyanotech are investing increasingly in creating new products of phycocyanin which can help in strengthening of the market.

How big is the opportunity in UK for phycocyanin market?

FMI has projected the U.K. to remain one of the most lucrative markets among the Europe phycocyanin market throughout the course of the forecast period. It holds14.5% market share in the European phycocyanin in 2020. The key factor supporting the growth of phycocyanin market is health concern of consumers.

  • In June 2020, GNT Group, the supplier of Coloring Foods had established a variety of blue powders EXBERRY® obtained from phycocyanin with considerably greater color strength. They are offered in both micronized powder and standard form.

How big is the opportunity in Germany for phycocyanin market?

Germany remained dominant in the Europe phycocyanin market with a share of 27.1% in 2020. Some of the leading companies operating in Japan have been entering into collaborations to foster growth. This will remain one of the chief drivers.

  • For instance, Ecoflora and Chr. Hansen signed exclusive partnership in 2020. The new partnership added a complimentary new blue shade to the collection of natural colors, taking new opportunities for new applications and color blends.

How big is the opportunity in China for phycocyanin?

China is one of the key markets in East Asia due to the increasing health disorders prevalence such as obesity in the country, which is attributed by the shifting consumption patterns and consumers opting for more plant-based products. China is projected to generate the substantial revenue of US$ 13.9 Mn as compared to the other countries during the forecast period of 2031.

How big is the opportunity in Japan for phycocyanin market?

The demand for phycocyanin is rising in Japan. One of the key factors supporting expansion is increasing consumer demand for natural products which is a driving factor for market, which has been encouraging leading companies focus on product launches.

  • In June 2020, DIC had launched a liquid version of its Linablue® naturally derived blue food coloring.

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Category Wise

Why Food & Beverage Exhibits High Demand for Phycocyanin?

The food and beverage segment holds the largest share of the overall phycocyanin market which is attributed to the increasing consumer inclination towards ready-to-drink beverages, growing trend of substituting artificial colorants with natural ones, rising health issue awareness related with the utilization of synthetic colorants in soft drinks. Additionally, increasing demand for protein-enhanced drinks is boosting phycocyanin demand globally.

Why is Phycocyanin more preferred in Powder form?

Consumers are preferring powder form over liquid as powder allows high flexibility with dosing and offers active nutrient delivery. In powder form, the absence of water prevents the occurrence of oxidative phenomena which degrades blue protein.

Why Phycocyanin E18 Grade holds Largest Share?

Phycocyanin E18 is made up of natural food colourant as it is used in food and beverage industry in candies, frozen desserts, solid beverages, noodles etc. Additionally, is the most widely used specification in the world, with high-cost performance and excellent solubility.

Why is Organic Nature More Preferred for Phycocyanin?

Organic food has gained a large consumer base as in the last decade and has developed rapidly in developed countries. With increasing awareness, the consumer base is shifting towards organic and non-GMO products. The rapidly emerging organic food products market is driven not just by healthy eating beliefs, but also by the increasing acceptance of the opinion that producing organic foods is kinder to the planet.

Opportunities Abound in Phycocyanin Industry

Increasing utilization of phycocyanin as Spirulina in animal and fish feed industry due to the rising demand for nutritional foods is boosting the phycocyanin market growth. According to a journal A Potential Drug for Cancer Treatment phycocyanin which is extracted from marine organisms has low toxicity and high efficiency and can also be utilized as a functional food. Furthermore, it has been reported that phycocyanin has anti-oxidative properties and imitates anti-cancerous property as well. Thus, it is utilized as a potential drug and has become a new hot spot in the field of drug research. As a result, there is a mounting opportunity for consumers opting for natural products for the treatment of diseases.

Moreover, there are several technological advancements taking place in the field of phycocyanin. Few examples of the technological innovations in this filed are: launch of phycocyanin in Granule agent, gelling agent and launch of natural colors made from phycocyanin. Also, companies are developing new food and beverage products developed that can increase the nutritional value of the food as well as decrease the cost of production of various products.

Additionally, phycocyanin manufacturers are shifting their focus towards producing phycocyanin in closed environment instead of producing it in natural water bodies due to contamination issues. Industrialization has affected the environment adversely due to the waste generation during production, transport and consumption of all the products globally.

Although, the environment has no negative effect from phycocyanin production. Phycocyanin is 100% eco-friendly and bio-degradable natural product which doesn’t affect soil or air in any way. However, Spirulina grows on water and thus can create a friendly environment with water.

Competitive Landscape

Phycocyanin sales have improved in past 5 years due to changing perception among consumers towards super-food, which consists of enormous amount of nutritional contents. Moreover, one teaspoon of phycocyanin is sufficient to provide a good quantity of minerals, proteins and vitamins which is usually obtained from food consumed in a whole day.

Nowadays, manufacturers are aiming towards providing phycocyanin at an optimum cost, owing to the high demand from consumers. Companies have implemented numerous integrated production approach for delivering cost-effective products.

Recently in 2020, The Chr. Hansen application and R&D team had developed an exclusive, liquid blue that guards the color in the instant it hits the tremendously hot candy mass.

Fermentalg, a french microalgae player had sign up a multi-year technological, commercial development, and industrial contract with DDW a US industrial group to bring the natural blue color developed by Fermentalg Blue Origins, to market. 

Some of the leading companies operating in the market are:

  • Chr. Hansen Holding A/S
  • Cyanotech Corp
  • DDW Inc.
  • DIC Corporation
  • Dongtai City Spirulina Bio-Engineering Co., Ltd.
  • Fuqing King Dnarmsa Spirulina Co., Ltd.
  • GNT Holding B.V.
  • Sensient Technologies Corp.
  • Parry Nutraceuticals Limited
  • Döhler GmbH
  • Naturex S.A.
  • Naturalin Bio-Resources Co., Ltd
  • Far East Bio-Tec Co., Ltd.
  • Fraken Biochem Co., Ltd.

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report.

Scope of the Report

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

USD Million for Value and MT for Volume

Key Regions Covered

North America, Western Europe, Eastern Europe, Latin America, Japan, APEJ, MEA

Key Countries Covered

US, Canada, Germany, France, U.K., Spain, Italy, Rest of Western Europe, Russia, Poland, Rest of Eastern Europe, Brazil, Mexico, Rest of Latin America, Japan, China, India, Australia & New Zealand, ASEAN, Rest of APEJ, GCC Countries, South Africa, Rest of MEA

Key Segments Covered

Nature, Form, Grade, Application and Region

Key Companies Profiled

  • Chr. Hansen Holding A/S
  • Cyanotech Corp
  • DDW Inc.
  • DIC Corporation
  • Dongtai City Spirulina Bio-Engineering Co., Ltd.
  • Fuqing King Dnarmsa Spirulina Co., Ltd.
  • GNT Holding B.V.
  • Sensient Technologies Corp.
  • Parry Nutraceuticals Limited
  • Döhler GmbH
  • Naturex S.A.
  • Naturalin Bio-Resources Co., Ltd
  • Far East Bio-Tec Co., Ltd.
  • Fraken Biochem Co., Ltd.

Report Coverage

Market Forecast, brand share analysis, competition intelligence, Drivers, Restraints, Opportunities and Threats analysis, Key factors, Market Dynamics and Challenges, Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Phycocyanin Market by Category

Nature

  • Organic
  • Conventional

Form

  • Powder
  • Liquid

Grade

  • Phycocyanin E18
  • Phycocyanin E25
  • Phycocyanin E3.0

Application

  • Food & Beverage
    • Confectionery
    • Beverages
    • Dairy Products
    • Bakery Products
    • Baby Food Formula
    • Others
  • Cosmetics & Personal Care
    • Face Cream
    • Moisturizers & Lotions
    • Lipsticks
    • Eye Liners
    • Eye Shadow
    • Soap
    • Body Wash
  • Nutraceuticals
  • Animal Feed
  • Aquaculture

Region

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Japan
  • APEJ
  • MEA

Frequently Asked Questions

The global phycocyanin market is estimated to grow by CAGR of 6.8% for the next 5 years.

The powder form of phycocyanin holds the dominant share in the market and is forecast to grow at 6.7% CAGR by 2031. Powder form is more preferred because it allows high flexibility with dosing and offers active nutrient delivery. In powder form, the absence of water prevents the occurrence of oxidative phenomena which degrades blue protein.

Some of the leading companies offering phycocyanin are Chr. Hansen Holding A/S, Cyanotech Corp, DDW Inc., DIC Corporation, Dongtai City Spirulina Bio-Engineering Co., Ltd., Fuqing King Dnarmsa Spirulina Co., Ltd., GNT Holding B.V., Sensient Technologies Corp., among others.

Some of the key factors supporting use of phycocyanin includes the increasing awareness about high nutrition value of Spirulina, approval of phycocyanin extracted from Spirulina for use in food and beverages by regulatory agencies, government initiative towards production of Spirulina, and launch of new varieties of natural color’s produced from Spirulina and many others.

Table of Content

1. Market Introduction

    1.1. Market Coverage / Taxonomy

    1.2. Market Definition / Scope / Limitations

2. Market Dynamics

    2.1. Drivers

    2.2. Restraints

    2.3. Opportunity

    2.4. Trends

    2.5. Key Regulations

    2.6. Market Background

    2.7. Macro-Economic Factors

    2.8. Forecast Factors - Relevance & Impact

    2.9. Value Chain Analysis

    2.10. Supply Chain Analysis

        2.10.1. Raw Material Suppliers

        2.10.2. Product Manufacturers

        2.10.3. Distributors/Suppliers/Wholesalers

3. Global Phycocyanin Market Analysis Scenario

    3.1. Historical Market Volume (Metric Tons) Analysis, 2016-2020

    3.2. Current and Future Market Volume (Metric Tons) Projections, 2021-2031

    3.3. Y-o-Y Growth Trend Analysis

    3.4. Global Phycocyanin Market - Pricing Analysis

    3.5. Regional Pricing Analysis (US$/Metric Tons) By Nature

    3.6. Global Average Pricing Analysis Benchmark

    3.7. Pricing Influencing Factors

4. Global Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031, By Region

    4.1. Introduction

    4.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2016 - 2020

    4.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2020 - 2031

        4.3.1. North America

        4.3.2. Western Europe

        4.3.3. Eastern Europe

        4.3.4. Latin America

        4.3.5. Japan

        4.3.6. APEJ

        4.3.7. MEA

    4.4. Market Attractiveness Analysis By Region

5. Global Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031, By Nature

    5.1. Introduction / Key Findings

    5.2. Historical Market Size (US$ Mn) and Volume Analysis By Nature , 2016 - 2020

    5.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Nature, 2020 – 2031

        5.3.1. Organic

        5.3.2. Conventional

    5.4. Market Attractiveness Analysis By Nature

6. Global Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031, By Form

    6.1. Introduction / Key Findings

    6.2. Historical Market Size (US$ Mn) and Volume Analysis By Form, 2016 - 2020

    6.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Form, 2020 - 2031

        6.3.1. Powder 

        6.3.2. Liquid 

    6.4. Market Attractiveness Analysis By Form

7. Global Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031, By Grade

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2016 - 2020

    7.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Grade, 2020 - 2031

        7.3.1. Phycocyanin E18

        7.3.2. Phycocyanin E25

        7.3.3. Phycocyanin E3.0

    7.4. Market Attractiveness Analysis By Application

8. Global Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031, By Application

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2016 - 2020

    8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2020 - 2031

        8.3.1. Food & Beverage

        8.3.2. Cosmetics & Personal Care 

        8.3.3. Nutraceuticals

        8.3.4. Animal Feed 

        8.3.5. Aquaculture

    8.4. Market Attractiveness Analysis By Application

9. North America Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031

    9.1. Introduction

    9.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    9.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2031

        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 Grade

        9.3.5. By Application

    9.4. Market Attractiveness Analysis

        9.4.1. By Country

        9.4.2. By Nature

        9.4.3. By Form

        9.4.4. By Grade

        9.4.5. By Application

    9.5. Drivers and Restraints - Impact Analysis

10. Western Europe Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031

    10.1. Introduction

    10.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    10.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2031

        10.3.1. By Country

            10.3.1.1. Germany

            10.3.1.2. France

            10.3.1.3. U.K.

            10.3.1.4. Spain

            10.3.1.5. Italy

            10.3.1.6. Rest of Western Europe

        10.3.2. By Nature

        10.3.3. By Form

        10.3.4. By Grade

        10.3.5. By Application

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Nature

        10.4.3. By Form

        10.4.4. By Grade

        10.4.5. By Application

    10.5. Drivers and Restraints - Impact Analysis

11. Eastern Europe Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031

    11.1. Introduction

    11.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    11.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2031

        11.3.1. By Country

            11.3.1.1. Russia

            11.3.1.2. Poland

            11.3.1.3. Rest of Eastern Europe

        11.3.2. By Nature

        11.3.3. By Form

        11.3.4. By Grade

        11.3.5. By Application

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Nature

        11.4.3. By Form

        11.4.4. By Grade

        11.4.5. By Application

    11.5. Drivers and Restraints - Impact Analysis

12. Latin America Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2031

        12.3.1. By Country

            12.3.1.1. Brazil

            12.3.1.2. Mexico

            12.3.1.3. Rest of Latin America

        12.3.2. By Nature

        12.3.3. By Form

        12.3.4. By Grade

        12.3.5. By Application

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Nature

        12.4.3. By Form

        12.4.4. By Grade

        12.4.5. By Application

    12.5. Drivers and Restraints - Impact Analysis

13. APEJ Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2031

        13.3.1. By Country

            13.3.1.1. China

            13.3.1.2. India

            13.3.1.3. ASEAN

            13.3.1.4. Australia & New Zealand

            13.3.1.5. Rest of APEJ

        13.3.2. By Nature

        13.3.3. By Form

        13.3.4. By Grade

        13.3.5. By Application

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Nature

        13.4.3. By Form

        13.4.4. By Grade

        13.4.5. By Application

    13.5. Drivers and Restraints - Impact Analysis

14. Middle East and Africa Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2031

        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 Grade

        14.3.5. By Application

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Nature

        14.4.3. By Form

        14.4.4. By Grade

        14.4.5. By Application

    14.5. Drivers and Restraints - Impact Analysis

15. Japan Phycocyanin Market Analysis 2016-2020 and Forecast 2021-2031

    15.1. Introduction

    15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020 - 2031

        15.3.1. By Country

        15.3.2. By Nature

        15.3.3. By Form

        15.3.4. By Grade

        15.3.5. By Application

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Nature

        15.4.3. By Form

        15.4.4. By Grade

        15.4.5. By Application

    15.5. Drivers and Restraints - Impact Analysis

16. Competition Landscape

    16.1. Global Phycocyanin Market Competition - a Dashboard View

    16.2. Global Phycocyanin Market Structure Analysis

    16.3. Global Phycocyanin Market Company Share Analysis

        16.3.1. Company Market Share Analysis of Top 10 Players, By Region

        16.3.2. Company Market Share Analysis of Top 10 Players, By Nature

    16.4. Key Participants Market Presence (Intensity Mapping) by Region

    16.5. Competition Analysis

    16.6. Competition Dashboard

    16.7. Competition Benchmarking

    16.8. Competition Deep Dive 

        16.8.1. Chr. Hansen Holding A/S 

            16.8.1.1. Overview

            16.8.1.2. Product Portfolio

            16.8.1.3. Key Developments/Key Takeaways

            16.8.1.4. Strategy Overview

            16.8.1.5. Financial Overview

        16.8.2. Cyanotech Corp 

            16.8.2.1. Overview

            16.8.2.2. Product Portfolio

            16.8.2.3. Key Developments/Key Takeaways

            16.8.2.4. Strategy Overview

            16.8.2.5. Financial Overview

        16.8.3. DDW Inc. 

            16.8.3.1. Overview

            16.8.3.2. Product Portfolio

            16.8.3.3. Key Developments/Key Takeaways

            16.8.3.4. Strategy Overview

            16.8.3.5. Financial Overview

        16.8.4. DIC Corporation 

            16.8.4.1. Overview

            16.8.4.2. Product Portfolio

            16.8.4.3. Key Developments/Key Takeaways

            16.8.4.4. Strategy Overview

            16.8.4.5. Financial Overview

        16.8.5. Dongtai City Spirulina Bio-Engineering Co., Ltd.

            16.8.5.1. Overview

            16.8.5.2. Product Portfolio

            16.8.5.3. Key Developments/Key Takeaways

            16.8.5.4. Strategy Overview

            16.8.5.5. Financial Overview 

        16.8.6. Fuqing King Dnarmsa Spirulina Co., Ltd.

            16.8.6.1. Overview

            16.8.6.2. Product Portfolio

            16.8.6.3. Key Developments/Key Takeaways

            16.8.6.4. Strategy Overview

            16.8.6.5. Financial Overview 

        16.8.7. GNT Holding B.V. 

            16.8.7.1. Overview

            16.8.7.2. Product Portfolio

            16.8.7.3. Key Developments/Key Takeaways

            16.8.7.4. Strategy Overview

            16.8.7.5. Financial Overview

        16.8.8. Sensient Technologies Corp.

            16.8.8.1. Overview

            16.8.8.2. Product Portfolio

            16.8.8.3. Key Developments/Key Takeaways

            16.8.8.4. Strategy Overview

            16.8.8.5. Financial Overview 

        16.8.9. Parry Nutraceuticals Limited 

            16.8.9.1. Overview

            16.8.9.2. Product Portfolio

            16.8.9.3. Key Developments/Key Takeaways

            16.8.9.4. Strategy Overview

            16.8.9.5. Financial Overview

        16.8.10. Döhler GmbH

            16.8.10.1. Overview

            16.8.10.2. Product Portfolio

            16.8.10.3. Key Developments/Key Takeaways

            16.8.10.4. Strategy Overview

            16.8.10.5. Financial Overview

        16.8.11. Naturex S.A.

            16.8.11.1. Overview

            16.8.11.2. Product Portfolio

            16.8.11.3. Key Developments/Key Takeaways

            16.8.11.4. Strategy Overview

            16.8.11.5. Financial Overview

        16.8.12. Naturalin Bio-Resources Co., Ltd

            16.8.12.1. Overview

            16.8.12.2. Product Portfolio

            16.8.12.3. Key Developments/Key Takeaways

            16.8.12.4. Strategy Overview

            16.8.12.5. Financial Overview

        16.8.13. Far East Bio-Tec Co., Ltd.

            16.8.13.1. Overview

            16.8.13.2. Product Portfolio

            16.8.13.3. Key Developments/Key Takeaways

            16.8.13.4. Strategy Overview

            16.8.13.5. Financial Overview

        16.8.14. Fraken Biochem Co., Ltd. 

            16.8.14.1. Overview

            16.8.14.2. Product Portfolio

            16.8.14.3. Key Developments/Key Takeaways

            16.8.14.4. Strategy Overview

            16.8.14.5. Financial Overview

        16.8.15. Others

            16.8.15.1. Overview

            16.8.15.2. Product Portfolio

            16.8.15.3. Key Developments/Key Takeaways

            16.8.15.4. Strategy Overview

            16.8.15.5. Financial Overview

17. Research Methodology

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List of Tables

Table 1: Global Phycocyanin Market Value (US$ Mn) and Forecast By Region, 2016–2020 

Table 2: Global Phycocyanin Market Value (US$ Mn) and Forecast By Region, 2021–2031

Table 3: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Region, 2016–2020 

Table 4: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Region, 2021–2031

Table 5: Global Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2016–2020 

Table 6: Global Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2021–2031

Table 7: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2016–2020 

Table 8: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2021–2031

Table 9: Global Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2016–2020 

Table 10: Global Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2021–2031

Table 11: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2016–2020 

Table 12: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2021–2031

Table 13: Global Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2016–2020 

Table 14: Global Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2021–2031

Table 15: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2016–2020 

Table 16: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2021–2031

Table 17: Global Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2016–2020 

Table 18: Global Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2021–2031

Table 19: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2016–2020 

Table 20: Global Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2021–2031

Table 21: North America Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2016–2020 

Table 22: North America Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2021–2031

Table 23: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2016–2020 

Table 24: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2021–2031

Table 25: North America Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2016–2020 

Table 26: North America Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2021–2031

Table 27: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2016–2020 

Table 28: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2021–2031

Table 29: North America Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2016–2020 

Table 30: North America Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2021–2031

Table 31: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2016–2020 

Table 32: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2021–2031

Table 33: North America Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2016–2020 

Table 34: North America Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2021–2031

Table 35: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2016–2020 

Table 36: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2021–2031

Table 37: North America Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2016–2020 

Table 38: North America Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2021–2031

Table 39: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2016–2020 

Table 40: North America Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2021–2031

Table 41: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2016–2020 

Table 42: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2021–2031

Table 43: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2016–2020 

Table 44: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2021–2031

Table 45: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2016–2020 

Table 46: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2021–2031

Table 47: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2016–2020 

Table 48: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2021–2031

Table 49: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2016–2020 

Table 50: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2021–2031

Table 51: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2016–2020 

Table 52: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2021–2031

Table 53: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2016–2020 

Table 54: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2021–2031

Table 55: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2016–2020 

Table 56: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2021–2031

Table 57: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2016–2020 

Table 58: Western Europe Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2021–2031

Table 59: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2016–2020 

Table 60: Western Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2021–2031

Table 61: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2016–2020 

Table 62: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2021–2031

Table 63: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2016–2020 

Table 64: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2021–2031

Table 65: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2016–2020 

Table 66: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2021–2031

Table 67: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2016–2020 

Table 68: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2021–2031

Table 69: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2016–2020 

Table 70: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2021–2031

Table 71: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2016–2020 

Table 72: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2021–2031

Table 73: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2016–2020 

Table 74: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2021–2031

Table 75: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2016–2020 

Table 76: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2021–2031

Table 77: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2016–2020 

Table 78: Eastern Europe Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2021–2031

Table 79: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2016–2020 

Table 80: Eastern Europe Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2021–2031

Table 81: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2016–2020 

Table 82: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2021–2031

Table 83: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2016–2020 

Table 84: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2021–2031

Table 85: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2016–2020 

Table 86: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2021–2031

Table 87: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2016–2020 

Table 88: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2021–2031

Table 89: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2016–2020 

Table 90: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2021–2031

Table 91: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2016–2020 

Table 92: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2021–2031

Table 93: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2016–2020 

Table 94: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2021–2031

Table 95: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2016–2020 

Table 96: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2021–2031

Table 97: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2016–2020 

Table 98: Latin America Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2021–2031

Table 99: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2016–2020 

Table 100: Latin America Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2021–2031

Table 101: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2016–2020 

Table 102: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2021–2031

Table 103: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2016–2020 

Table 104: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2021–2031

Table 105: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2016–2020 

Table 106: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2021–2031

Table 107: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2016–2020 

Table 108: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2021–2031

Table 109: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2016–2020 

Table 110: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2021–2031

Table 111: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2016–2020 

Table 112: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2021–2031

Table 113: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2016–2020 

Table 114: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2021–2031

Table 115: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2016–2020 

Table 116: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2021–2031

Table 117: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2016–2020 

Table 118: Japan Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2021–2031

Table 119: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2016–2020 

Table 120: Japan Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2021–2031

Table 121: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2016–2020 

Table 122: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2021–2031

Table 123: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2016–2020 

Table 124: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2021–2031

Table 125: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2016–2020 

Table 126: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2021–2031

Table 127: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2016–2020 

Table 128: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2021–2031

Table 129: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2016–2020 

Table 130: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2021–2031

Table 131: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2016–2020 

Table 132: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2021–2031

Table 133: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2016–2020 

Table 134: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2021–2031

Table 135: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2016–2020 

Table 136: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2021–2031

Table 137: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2016–2020 

Table 138: APEJ Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2021–2031

Table 139: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2016–2020 

Table 140: APEJ Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2021–2031

Table 141: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2016–2020 

Table 142: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Country, 2021–2031

Table 143: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2016–2020 

Table 144: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Country, 2021–2031

Table 145: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2016–2020 

Table 146: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Nature, 2021–2031

Table 147: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2016–2020 

Table 148: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Nature, 2021–2031

Table 149: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2016–2020 

Table 150: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Form, 2021–2031

Table 151: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2016–2020 

Table 152: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Form, 2021–2031

Table 153: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2016–2020 

Table 154: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Grade, 2021–2031

Table 155: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2016–2020 

Table 156: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Grade, 2021–2031

Table 157: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2016–2020 

Table 158: MEA Phycocyanin Market Value (US$ Mn) and Forecast By Application, 2021–2031

Table 159: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2016–2020 

Table 160: MEA Phycocyanin Market Volume (Metric Tons) and Forecast By Application, 2021–2031

Nandini Roy Choudhury
Principal Consultant
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List of Charts

Figure 1: Global Phycocyanin Market Value Share (%) and BPS Analysis By Region, 2016 & 2021 & 2031 

Figure 2: Global Phycocyanin Market Y-o-Y Analysis By Region, 2021 to 2031

Figure 3: Global Phycocyanin Market Attractiveness, By Region, 2021 to 2031

Figure 4: Global Phycocyanin Market Value Share (%) and BPS Analysis By Nature, 2016 & 2021 & 2031

Figure 5: Global Phycocyanin Market Y-o-Y Analysis By Nature, 2021 to 2031

Figure 6: Global Phycocyanin Market Attractiveness, By Nature, 2021 to 2031

Figure 7: Global Phycocyanin Market Value Share (%) and BPS Analysis By Form, 2016 & 2021 & 2031

Figure 8: Global Phycocyanin Market Y-o-Y Analysis By Form, 2021 to 2031

Figure 9: Global Phycocyanin Market Attractiveness, By Form, 2021 to 2031

Figure 10: Global Phycocyanin Market Value Share (%) and BPS Analysis By Grade, 2016 & 2021 & 2031

Figure 11: Global Phycocyanin Market Y-o-Y Analysis By Grade, 2021 to 2031

Figure 12: Global Phycocyanin Market Attractiveness, By Grade, 2021 to 2031

Figure 13: Global Phycocyanin Market Value Share (%) and BPS Analysis By Application, 2016 & 2021 & 2031

Figure 14: Global Phycocyanin Market Y-o-Y Analysis By Application, 2021 to 2031

Figure 15: Global Phycocyanin Market Attractiveness, By Application, 2021 to 2031

Figure 16: North America Phycocyanin Market Value Share (%) and BPS Analysis By Country, 2016 & 2021 & 2031 

Figure 17: North America Phycocyanin Market Y-o-Y Analysis By Country, 2021 to 2031

Figure 18: North America Phycocyanin Market Attractiveness, By Country, 2021 to 2031

Figure 19: North America Phycocyanin Market Value Share (%) and BPS Analysis By Nature, 2016 & 2021 & 2031

Figure 20: North America Phycocyanin Market Y-o-Y Analysis By Nature, 2021 to 2031

Figure 21: North America Phycocyanin Market Attractiveness, By Nature, 2021 to 2031

Figure 22: North America Phycocyanin Market Value Share (%) and BPS Analysis By Form, 2016 & 2021 & 2031

Figure 23: North America Phycocyanin Market Y-o-Y Analysis By Form, 2021 to 2031

Figure 24: North America Phycocyanin Market Attractiveness, By Form, 2021 to 2031

Figure 25: North America Phycocyanin Market Value Share (%) and BPS Analysis By Grade, 2016 & 2021 & 2031

Figure 26: North America Phycocyanin Market Y-o-Y Analysis By Grade, 2021 to 2031

Figure 27: North America Phycocyanin Market Attractiveness, By Grade, 2021 to 2031

Figure 28: North America Phycocyanin Market Value Share (%) and BPS Analysis By Application, 2016 & 2021 & 2031

Figure 29: North America Phycocyanin Market Y-o-Y Analysis By Application, 2021 to 2031

Figure 30: North America Phycocyanin Market Attractiveness, By Application, 2021 to 2031

Figure 31: Western Europe Phycocyanin Market Value Share (%) and BPS Analysis By Country, 2016 & 2021 & 2031 

Figure 32: Western Europe Phycocyanin Market Y-o-Y Analysis By Country, 2021 to 2031

Figure 33: Western Europe Phycocyanin Market Attractiveness, By Country, 2021 to 2031

Figure 34: Western Europe Phycocyanin Market Value Share (%) and BPS Analysis By Nature, 2016 & 2021 & 2031

Figure 35: Western Europe Phycocyanin Market Y-o-Y Analysis By Nature, 2021 to 2031

Figure 36: Western Europe Phycocyanin Market Attractiveness, By Nature, 2021 to 2031

Figure 37: Western Europe Phycocyanin Market Value Share (%) and BPS Analysis By Form, 2016 & 2021 & 2031

Figure 38: Western Europe Phycocyanin Market Y-o-Y Analysis By Form, 2021 to 2031

Figure 39: Western Europe Phycocyanin Market Attractiveness, By Form, 2021 to 2031

Figure 40: Western Europe Phycocyanin Market Value Share (%) and BPS Analysis By Grade, 2016 & 2021 & 2031

Figure 41: Western Europe Phycocyanin Market Y-o-Y Analysis By Grade, 2021 to 2031

Figure 42: Western Europe Phycocyanin Market Attractiveness, By Grade, 2021 to 2031

Figure 43: Western Europe Phycocyanin Market Value Share (%) and BPS Analysis By Application, 2016 & 2021 & 2031

Figure 44: Western Europe Phycocyanin Market Y-o-Y Analysis By Application, 2021 to 2031

Figure 45: Western Europe Phycocyanin Market Attractiveness, By Application, 2021 to 2031

Figure 46: Eastern Europe Phycocyanin Market Value Share (%) and BPS Analysis By Country, 2016 & 2021 & 2031 

Figure 47: Eastern Europe Phycocyanin Market Y-o-Y Analysis By Country, 2021 to 2031

Figure 48: Eastern Europe Phycocyanin Market Attractiveness, By Country, 2021 to 2031

Figure 49: Eastern Europe Phycocyanin Market Value Share (%) and BPS Analysis By Nature, 2016 & 2021 & 2031

Figure 50: Eastern Europe Phycocyanin Market Y-o-Y Analysis By Nature, 2021 to 2031

Figure 51: Eastern Europe Phycocyanin Market Attractiveness, By Nature, 2021 to 2031

Figure 52: Eastern Europe Phycocyanin Market Value Share (%) and BPS Analysis By Form, 2016 & 2021 & 2031

Figure 53: Eastern Europe Phycocyanin Market Y-o-Y Analysis By Form, 2021 to 2031

Figure 54: Eastern Europe Phycocyanin Market Attractiveness, By Form, 2021 to 2031

Figure 55: Eastern Europe Phycocyanin Market Value Share (%) and BPS Analysis By Grade, 2016 & 2021 & 2031

Figure 56: Eastern Europe Phycocyanin Market Y-o-Y Analysis By Grade, 2021 to 2031

Figure 57: Eastern Europe Phycocyanin Market Attractiveness, By Grade, 2021 to 2031

Figure 58: Eastern Europe Phycocyanin Market Value Share (%) and BPS Analysis By Application, 2016 & 2021 & 2031

Figure 59: Eastern Europe Phycocyanin Market Y-o-Y Analysis By Application, 2021 to 2031

Figure 60: Eastern Europe Phycocyanin Market Attractiveness, By Application, 2021 to 2031

Figure 61: Latin America Phycocyanin Market Value Share (%) and BPS Analysis By Country, 2016 & 2021 & 2031 

Figure 62: Latin America Phycocyanin Market Y-o-Y Analysis By Country, 2021 to 2031

Figure 63: Latin America Phycocyanin Market Attractiveness, By Country, 2021 to 2031

Figure 64: Latin America Phycocyanin Market Value Share (%) and BPS Analysis By Nature, 2016 & 2021 & 2031

Figure 65: Latin America Phycocyanin Market Y-o-Y Analysis By Nature, 2021 to 2031

Figure 66: Latin America Phycocyanin Market Attractiveness, By Nature, 2021 to 2031

Figure 67: Latin America Phycocyanin Market Value Share (%) and BPS Analysis By Form, 2016 & 2021 & 2031

Figure 68: Latin America Phycocyanin Market Y-o-Y Analysis By Form, 2021 to 2031

Figure 69: Latin America Phycocyanin Market Attractiveness, By Form, 2021 to 2031

Figure 70: Latin America Phycocyanin Market Value Share (%) and BPS Analysis By Grade, 2016 & 2021 & 2031

Figure 71: Latin America Phycocyanin Market Y-o-Y Analysis By Grade, 2021 to 2031

Figure 72: Latin America Phycocyanin Market Attractiveness, By Grade, 2021 to 2031

Figure 73: Latin America Phycocyanin Market Value Share (%) and BPS Analysis By Application, 2016 & 2021 & 2031

Figure 74: Latin America Phycocyanin Market Y-o-Y Analysis By Application, 2021 to 2031

Figure 75: Latin America Phycocyanin Market Attractiveness, By Application, 2021 to 2031

Figure 76: Japan Phycocyanin Market Value Share (%) and BPS Analysis By Country, 2016 & 2021 & 2031 

Figure 77: Japan Phycocyanin Market Y-o-Y Analysis By Country, 2021 to 2031

Figure 78: Japan Phycocyanin Market Attractiveness, By Country, 2021 to 2031

Figure 79: Japan Phycocyanin Market Value Share (%) and BPS Analysis By Nature, 2016 & 2021 & 2031

Figure 80: Japan Phycocyanin Market Y-o-Y Analysis By Nature, 2021 to 2031

Figure 81: Japan Phycocyanin Market Attractiveness, By Nature, 2021 to 2031

Figure 82: Japan Phycocyanin Market Value Share (%) and BPS Analysis By Form, 2016 & 2021 & 2031

Figure 83: Japan Phycocyanin Market Y-o-Y Analysis By Form, 2021 to 2031

Figure 84: Japan Phycocyanin Market Attractiveness, By Form, 2021 to 2031

Figure 85: Japan Phycocyanin Market Value Share (%) and BPS Analysis By Grade, 2016 & 2021 & 2031

Figure 86: Japan Phycocyanin Market Y-o-Y Analysis By Grade, 2021 to 2031

Figure 87: Japan Phycocyanin Market Attractiveness, By Grade, 2021 to 2031

Figure 88: Japan Phycocyanin Market Value Share (%) and BPS Analysis By Application, 2016 & 2021 & 2031

Figure 89: Japan Phycocyanin Market Y-o-Y Analysis By Application, 2021 to 2031

Figure 90: Japan Phycocyanin Market Attractiveness, By Application, 2021 to 2031

Figure 91: APEJ Phycocyanin Market Value Share (%) and BPS Analysis By Country, 2016 & 2021 & 2031 

Figure 92: APEJ Phycocyanin Market Y-o-Y Analysis By Country, 2021 to 2031

Figure 93: APEJ Phycocyanin Market Attractiveness, By Country, 2021 to 2031

Figure 94: APEJ Phycocyanin Market Value Share (%) and BPS Analysis By Nature, 2016 & 2021 & 2031

Figure 95: APEJ Phycocyanin Market Y-o-Y Analysis By Nature, 2021 to 2031

Figure 96: APEJ Phycocyanin Market Attractiveness, By Nature, 2021 to 2031

Figure 97: APEJ Phycocyanin Market Value Share (%) and BPS Analysis By Form, 2016 & 2021 & 2031

Figure 98: APEJ Phycocyanin Market Y-o-Y Analysis By Form, 2021 to 2031

Figure 99: APEJ Phycocyanin Market Attractiveness, By Form, 2021 to 2031

Figure 100: APEJ Phycocyanin Market Value Share (%) and BPS Analysis By Grade, 2016 & 2021 & 2031

Figure 101: APEJ Phycocyanin Market Y-o-Y Analysis By Grade, 2021 to 2031

Figure 102: APEJ Phycocyanin Market Attractiveness, By Grade, 2021 to 2031

Figure 103: APEJ Phycocyanin Market Value Share (%) and BPS Analysis By Application, 2016 & 2021 & 2031

Figure 104: APEJ Phycocyanin Market Y-o-Y Analysis By Application, 2021 to 2031

Figure 105: APEJ Phycocyanin Market Attractiveness, By Application, 2021 to 2031

Figure 106: MEA Phycocyanin Market Value Share (%) and BPS Analysis By Country, 2016 & 2021 & 2031 

Figure 107: MEA Phycocyanin Market Y-o-Y Analysis By Country, 2021 to 2031

Figure 108: MEA Phycocyanin Market Attractiveness, By Country, 2021 to 2031

Figure 109: MEA Phycocyanin Market Value Share (%) and BPS Analysis By Nature, 2016 & 2021 & 2031

Figure 110: MEA Phycocyanin Market Y-o-Y Analysis By Nature, 2021 to 2031

Figure 111: MEA Phycocyanin Market Attractiveness, By Nature, 2021 to 2031

Figure 112: MEA Phycocyanin Market Value Share (%) and BPS Analysis By Form, 2016 & 2021 & 2031

Figure 113: MEA Phycocyanin Market Y-o-Y Analysis By Form, 2021 to 2031

Figure 114: MEA Phycocyanin Market Attractiveness, By Form, 2021 to 2031

Figure 115: MEA Phycocyanin Market Value Share (%) and BPS Analysis By Grade, 2016 & 2021 & 2031

Figure 116: MEA Phycocyanin Market Y-o-Y Analysis By Grade, 2021 to 2031

Figure 117: MEA Phycocyanin Market Attractiveness, By Grade, 2021 to 2031

Figure 118: MEA Phycocyanin Market Value Share (%) and BPS Analysis By Application, 2016 & 2021 & 2031

Figure 119: MEA Phycocyanin Market Y-o-Y Analysis By Application, 2021 to 2031

Figure 120: MEA Phycocyanin Market Attractiveness, By Application, 2021 to 2031

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