Global Phycocyanin Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Phycocyanin Market is presumed to reach the market size of nearly USD 376.04 Million by 2032 from USD 196.8 Million in 2023 with a CAGR of 7.46% under the study period 2024-2032.

Phycocyanin is a blue, water-soluble pigment protein that belongs to the phycobiliprotein family of photosynthetic accessory pigments found in cyanobacteria and certain red algae. Spirulina's phycocyanin contains both nutritional and coloring characteristics. Arthrospira platensis extract is used to make it. Because of its numerous applications, phycocyanin, a natural chemical, is gaining a lot of traction. Phycocyanin has been used in animal feed, pet food, and fish food since it is easily digested by animals and pets and does not cause allergies or medical concerns. Phycocyanin, high in protein, vitamins, and minerals, has long been used as a fish feed. Due to increased commercial production of Spirulina and phycocyanin for animal feed, the cost of producing fish on a commercial scale is also reduced.

MARKET DYNAMICS

Phycocyanin demand is predicted to rise due to increased use in food color processing, the production of dietary supplements, nutraceuticals, and therapeutic products over the forecast period. Consumer awareness of the health dangers associated with synthetic colors and Spirulina as a high-nutrient food source and coloring ingredient is driving market growth throughout the forecast period. Many nations prohibit the sale of items containing artificial food colors, helping the phycocyanin market grow. Spirulina phycocyanin has antioxidant, hypolipidemic, and anti-inflammatory qualities, which is why it is highly demanded in the food, beverage, and cosmetics industries. Spirulina phycocyanin contains several vitamins, Beta-carotene, and antioxidants, all of which are predicted to drive phycocyanin demand.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Phycocyanin. The growth and trends of Phycocyanin industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Phycocyanin market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Nature

Organic
Conventional

By Form

Powder
Liquid

By Grade

Phycocyanin E18
Phycocyanin E25
Phycocyanin E30

By End-Use

Food & Beverages
Personal Care & Cosmetics
Pharmaceuticals
Animal Feed
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Phycocyanin market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Phycocyanin market include Givaudan Sense Colour, Cyanotech Corporation, AlgoSource, Bluetec Naturals Co. Ltd, DIC Corporation, Phyco-Biotech, Japan Algae Co. Ltd., Arthrise Nutritionals LLC, PARRY Nutraceuticals. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11218056

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. PHYCOCYANIN - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Nature
- 3.7.2 Market Attractiveness Analysis By Form
- 3.7.3 Market Attractiveness Analysis By Grade
- 3.7.4 Market Attractiveness Analysis By End-Use
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL PHYCOCYANIN MARKET ANALYSIS BY NATURE

5.1. Overview By Nature
5.2. Historical and Forecast Data Analysis By Nature
5.3. Organic Historic and Forecast Sales By Regions
5.4. Conventional Historic and Forecast Sales By Regions

6. GLOBAL PHYCOCYANIN MARKET ANALYSIS BY FORM

6.1. Overview By Form
6.2. Historical and Forecast Data Analysis By Form
6.3. Powder Historic and Forecast Sales By Regions
6.4. Liquid Historic and Forecast Sales By Regions

7. GLOBAL PHYCOCYANIN MARKET ANALYSIS BY GRADE

7.1. Overview By Grade
7.2. Historical and Forecast Data Analysis By Grade
7.3. Phycocyanin E18 Historic and Forecast Sales By Regions
7.4. Phycocyanin E25 Historic and Forecast Sales By Regions
7.5. Phycocyanin E30 Historic and Forecast Sales By Regions

8. GLOBAL PHYCOCYANIN MARKET ANALYSIS BY END-USE

8.1. Overview By End-Use
8.2. Historical and Forecast Data Analysis By End-Use
8.3. Food & Beverages Historic and Forecast Sales By Regions
8.4. Personal Care & Cosmetics Historic and Forecast Sales By Regions
8.5. Pharmaceuticals Historic and Forecast Sales By Regions
8.6. Animal Feed Historic and Forecast Sales By Regions
8.7. Others Historic and Forecast Sales By Regions

9. GLOBAL PHYCOCYANIN MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE PHYCOCYANIN COMPANIES

10.1. Phycocyanin Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF PHYCOCYANIN INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Givaudan Sense Colour
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. Cyanotech Corporation
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. AlgoSource
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. Bluetec Naturals Co. Ltd
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. DIC Corporation
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. Phyco-Biotech
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. Japan Algae Co. Ltd.
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
11.10. Arthrise Nutritionals LLC
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
11.11. PARRY Nutraceuticals
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies