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Market Research Report
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1070265

Global Phycocyanin Market Size study, by Nature by Form by Grade by End Use Industries and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Phycocyanin Market Size study, by Nature by Form by Grade by End Use Industries and Regional Forecasts 2022-2028
Published: March 23, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Phycocyanin Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Phycocyanin is a dark blue powder pigment with rich nutrients extracted from Spirulina. This pigment is used mainly as natural colouring in food industry. Due to its antioxidant properties, it also has application in the cosmetic industry. Growing demand for plant-based products and rising adoption of natural ingredients in cosmetics and personal care industry are key drivers for the growth of Phycocyanin market. For instance, according to The Good Food Institute (GFI) and the Plant Based Foods Association (PBFA)- As of 2020, retail sales of plant-based foods in USA have reached to USD 7 billion, witnessing growth rate of over 27% from the year 2019 (Approx. USD 5.5 billion). In 2020, 57 % of all U.S. households bought plant-based foods (around 71 million households), as compared to 53 percent in 2019. Plant-based milk, the largest plant-based category has reached USD 2.5 billion and accounts for 35 percent of the total plant-based foods market. In recent events, in July 2020 French renewable energy Firm Global EcoPower (GEP) has acquired the spirulina production business of Tam. Through this acquisition GEP would be able to ramp up its presence in spirulina and phycocyanin production and strengthen its position in the growing markets. Also, with growing food and beverages industry and increasing application in the cosmetic industry due to its health benefits, the adoption & demand for Phycocyanin is likely to increase the market growth during the forecast period. However, high cost of natural colors and supply chain disruptions due to pandemic impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Phycocyanin market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to growing food and beverages industry and increasing demand for plant-based food products in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing adoption of plant-based products and rising food and beverages industry in the region would create lucrative growth prospects for the Phycocyanin market across Asia-Pacific region.

Major market player included in this report are:

Chr. Hansen Holding A/S Public Ltd.

Cyanotech Corp

DDW, The Color House - a Givaudan Company

DIC Corporation

Dongtai City Spirulina Bio-Engineering Co., Ltd.

Fuqing King Dnarmsa Spirulina Co., Ltd.

GNT Holding B.V. Pvt Ltd.

Sensient Technologies Corp.

Parry Nutraceuticals Limited

Dohler GmbH Pvt Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Nature:

Organic

Conventional

By Form:

Powder

Liquid

By Grade:

Phycocyanin E18

Phycocyanin E25

Phycocyanin E3.0

By End Use Industries:

Foods & Beverages

Cosmetics and Personal Care

Nutraceuticals

Animal Feed

Aquaculture

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Phycocyanin Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
    • 1.2.1. Phycocyanin Market, by Region, 2020-2028 (USD Billion)
    • 1.2.2. Phycocyanin Market, by Nature, 2020-2028 (USD Billion)
    • 1.2.3. Phycocyanin Market, by Form, 2020-2028 (USD Billion)
    • 1.2.4. Phycocyanin Market, by Grade, 2020-2028 (USD Billion)
    • 1.2.5. Phycocyanin Market, by End Use Industries, 2020-2028 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Phycocyanin Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Phycocyanin Market Dynamics

  • 3.1. Phycocyanin Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Growing demand for plant-based products.
      • 3.1.1.2. Rising adoption of natural ingredients.
    • 3.1.2. Market Challenges
      • 3.1.2.1. high cost of natural colours.
      • 3.1.2.2. supply chain disruptions due to pandemic.
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising application in the cosmetic industry.
      • 3.1.3.2. Growing Food and Beverages Sector.

Chapter 4. Global Phycocyanin Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2019-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Phycocyanin Market, by Nature

  • 6.1. Market Snapshot
  • 6.2. Global Phycocyanin Market by Nature, Performance - Potential Analysis
  • 6.3. Global Phycocyanin Market Estimates & Forecasts by Nature 2019-2028 (USD Billion)
  • 6.4. Phycocyanin Market, Sub Segment Analysis
    • 6.4.1. Organic
    • 6.4.2. Conventional

Chapter 7. Global Phycocyanin Market, by Form

  • 7.1. Market Snapshot
  • 7.2. Global Phycocyanin Market by Form, Performance - Potential Analysis
  • 7.3. Global Phycocyanin Market Estimates & Forecasts by Form 2019-2028 (USD Billion)
  • 7.4. Phycocyanin Market, Sub Segment Analysis
    • 7.4.1. Powder
    • 7.4.2. Liquid

Chapter 8. Global Phycocyanin Market, by Grade

  • 8.1. Market Snapshot
  • 8.2. Global Phycocyanin Market by Grade, Performance - Potential Analysis
  • 8.3. Global Phycocyanin Market Estimates & Forecasts by Grade 2019-2028 (USD Billion)
  • 8.4. Phycocyanin Market, Sub Segment Analysis
    • 8.4.1. Phycocyanin E18
    • 8.4.2. Phycocyanin E25
    • 8.4.3. Phycocyanin E3.0

Chapter 9. Global Phycocyanin Market, by End Use Industries

  • 9.1. Market Snapshot
  • 9.2. Global Phycocyanin Market by End Use Industries, Performance - Potential Analysis
  • 9.3. Global Phycocyanin Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)
  • 9.4. Phycocyanin Market, Sub Segment Analysis
    • 9.4.1. Foods & Beverages
    • 9.4.2. Cosmetics and Personal Care
    • 9.4.3. Nutraceuticals
    • 9.4.4. Animal Feed
    • 9.4.5. Aquaculture

Chapter 10. Global Phycocyanin Market, Regional Analysis

  • 10.1. Phycocyanin Market, Regional Market Snapshot
  • 10.2. North America Phycocyanin Market
    • 10.2.1. U.S. Phycocyanin Market
      • 10.2.1.1. Nature breakdown estimates & forecasts, 2019-2028
      • 10.2.1.2. Form breakdown estimates & forecasts, 2019-2028
      • 10.2.1.3. Grade breakdown estimates & forecasts, 2019-2028
      • 10.2.1.4. End Use Industries breakdown estimates & forecasts, 2019-2028
    • 10.2.2. Canada Phycocyanin Market
  • 10.3. Europe Phycocyanin Market Snapshot
    • 10.3.1. U.K. Phycocyanin Market
    • 10.3.2. Germany Phycocyanin Market
    • 10.3.3. France Phycocyanin Market
    • 10.3.4. Spain Phycocyanin Market
    • 10.3.5. Italy Phycocyanin Market
    • 10.3.6. Rest of Europe Phycocyanin Market
  • 10.4. Asia-Pacific Phycocyanin Market Snapshot
    • 10.4.1. China Phycocyanin Market
    • 10.4.2. India Phycocyanin Market
    • 10.4.3. Japan Phycocyanin Market
    • 10.4.4. Australia Phycocyanin Market
    • 10.4.5. South Korea Phycocyanin Market
    • 10.4.6. Rest of Asia Pacific Phycocyanin Market
  • 10.5. Latin America Phycocyanin Market Snapshot
    • 10.5.1. Brazil Phycocyanin Market
    • 10.5.2. Mexico Phycocyanin Market
  • 10.6. Rest of The World Phycocyanin Market

Chapter 11. Competitive Intelligence

  • 11.1. Top Market Strategies
  • 11.2. Company Profiles
    • 11.2.1. Chr. Hansen Holding A/S Public Ltd
      • 11.2.1.1. Key Information
      • 11.2.1.2. Overview
      • 11.2.1.3. Financial (Subject to Data Availability)
      • 11.2.1.4. Product Summary
      • 11.2.1.5. Recent Developments
    • 11.2.2. Cyanotech Corp
    • 11.2.3. DDW, The Color House - a Givaudan Company
    • 11.2.4. DIC Corporation
    • 11.2.5. Dongtai City Spirulina Bio-Engineering Co., Ltd.
    • 11.2.6. Fuqing King Dnarmsa Spirulina Co., Ltd.
    • 11.2.7. GNT Holding B.V. Pvt Ltd.
    • 11.2.8. Sensient Technologies Corp.
    • 11.2.9. Parry Nutraceuticals Limited
    • 11.2.10. Dohler GmbH Pvt Ltd.

Chapter 12. Research Process

  • 12.1. Research Process
    • 12.1.1. Data Mining
    • 12.1.2. Analysis
    • 12.1.3. Market Estimation
    • 12.1.4. Validation
    • 12.1.5. Publishing
  • 12.2. Research Attributes
  • 12.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Phycocyanin Market, report scope
  • TABLE 2. Global Phycocyanin Market estimates & forecasts by Region 2019-2028 (USD Billion)
  • TABLE 3. Global Phycocyanin Market estimates & forecasts by Nature 2019-2028 (USD Billion)
  • TABLE 4. Global Phycocyanin Market estimates & forecasts by Form 2019-2028 (USD Billion)
  • TABLE 5. Global Phycocyanin Market estimates & forecasts by Grade 2019-2028 (USD Billion)
  • TABLE 6. Global Phycocyanin Market estimates & forecasts by End Use Industries 2019-2028 (USD Billion)
  • TABLE 7. Global Phycocyanin Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 8. Global Phycocyanin Market by region, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 9. Global Phycocyanin Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 10. Global Phycocyanin Market by region, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 11. Global Phycocyanin Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 12. Global Phycocyanin Market by region, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 13. Global Phycocyanin Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 14. Global Phycocyanin Market by region, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 15. Global Phycocyanin Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 16. Global Phycocyanin Market by region, estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 17. U.S. Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 18. U.S. Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 19. U.S. Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 20. Canada Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 21. Canada Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 22. Canada Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 23. UK Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 24. UK Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 25. UK Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 26. Germany Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 27. Germany Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 28. Germany Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 29. RoE Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 30. RoE Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 31. RoE Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 32. China Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 33. China Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 34. China Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 35. India Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 36. India Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 37. India Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 38. Japan Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 39. Japan Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 40. Japan Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 41. RoAPAC Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 42. RoAPAC Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 43. RoAPAC Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 44. Brazil Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 45. Brazil Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 46. Brazil Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 47. Mexico Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 48. Mexico Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 49. Mexico Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 50. RoLA Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 51. RoLA Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 52. RoLA Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 53. Row Phycocyanin Market estimates & forecasts, 2019-2028 (USD Billion)
  • TABLE 54. Row Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 55. Row Phycocyanin Market estimates & forecasts by segment 2019-2028 (USD Billion)
  • TABLE 56. List of secondary sources, used in the study of global Phycocyanin Market
  • TABLE 57. List of primary sources, used in the study of global Phycocyanin Market
  • TABLE 58. Years considered for the study
  • TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Phycocyanin Market, research methodology
  • FIG 2. Global Phycocyanin Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Phycocyanin Market, key trends 2021
  • FIG 5. Global Phycocyanin Market, growth prospects 2022-2028
  • FIG 6. Global Phycocyanin Market, porters 5 force model
  • FIG 7. Global Phycocyanin Market, pest analysis
  • FIG 8. Global Phycocyanin Market, value chain analysis
  • FIG 9. Global Phycocyanin Market by segment, 2019 & 2028 (USD Billion)
  • FIG 10. Global Phycocyanin Market by segment, 2019 & 2028 (USD Billion)
  • FIG 11. Global Phycocyanin Market by segment, 2019 & 2028 (USD Billion)
  • FIG 12. Global Phycocyanin Market by segment, 2019 & 2028 (USD Billion)
  • FIG 13. Global Phycocyanin Market by segment, 2019 & 2028 (USD Billion)
  • FIG 14. Global Phycocyanin Market, regional snapshot 2019 & 2028
  • FIG 15. North America Phycocyanin Market 2019 & 2028 (USD Billion)
  • FIG 16. Europe Phycocyanin Market 2019 & 2028 (USD Billion)
  • FIG 17. Asia pacific Phycocyanin Market 2019 & 2028 (USD Billion)
  • FIG 18. Latin America Phycocyanin Market 2019 & 2028 (USD Billion)
  • FIG 19. Global Phycocyanin Market, company market share analysis (2021)