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Global Phycocyanin Market Size study, 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) and Regional Forecasts 2022-2028

March 2022 | 200 pages | ID: G00F90FF58FBEN
Bizwit Research & Consulting LLP

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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
Dцhler 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
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. Dцhler 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

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)


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