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Phycocyanin Market: Food & Beverage Application to Hold Close to 85% Value Share Throughout the Forecast Period: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2028)

Phycocyanin Market: Food & Beverage Application to Hold Close to 85% Value Share Throughout the Forecast Period: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2028)

Future Market Insights offers a ten-year forecast for the global phycocyanin market between 2018 and 2028. The report also includes macroeconomic indicators along with an outlook on phycocyanin for the global market. The study demonstrates in-depth analysis of the key market dynamics, which are expected to influence the market performance in the long run. The report also comprises the study of current issues with consumers and opportunities for phycocyanin. The report also offers updates on recent trends, key drivers and restraints, volume and value forecasts, and various opportunities for manufacturers operating in the global and regional phycocyanin markets.

After an extensive study of the global phycocyanin market, it has been noted that food & beverages industry has highly influenced this market in the past, and is expected to account for a considerable demand for phycocyanin throughout the projected period of 10-years. We have observed that stringent standards by regulatory bodies across the globe has created a major impact on the global phycocyanin market. After examining this market thoroughly, our analysts have arrived at a conclusion that the key players operating in this market are focusing on enhancing production capacity and innovation in terms of various forms and nature that find its way in a plethora of different applications. According to the report, the market concentration of key players in the global phycocyanin market is increasing continuously, both on vertical as well as on horizontal levels. Producers of phycocyanin are entering into mergers and acquisitions in order to increase their production capacity.

In order to provide users of this report with a comprehensive view of the market, we have included detailed competition analysis of the key market players and strategic overview. The dashboard provides a detailed comparison of phycocyanin manufacturers on parameters such as total revenue, product offerings, and key strategy. The study encompasses market attractiveness analysis by nature, form, application, and region. The report includes phycocyanin market company profiles and the revenue generated from the companies across North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and the Middle East & Africa.

By region, Western Europe is expected to be the largest market. The phycocyanin market in Western Europe is estimated to reach US$ 78.3 Mn by the end of 2028. However, North America is also expected to reflect higher growth potential. The North America phycocyanin market is projected to grow at the highest pace to register a value CAGR of 8.4% throughout the period of forecast. This region is the second highest in terms of market value.

By nature, the conventional segment leads the market with a high revenue share. The organic segment is poised to register a higher CAGR of 8.6% in the said period.

By form, the powder segment is the most beneficial and highly accepted form of phycocyanin. The powder segment is expected to grow at the highest pace to reflect a 7.6% CAGR during the period of forecast and is estimated to reach a market value of a little under US$ 219 Mn by 2028 end.

By application, the food & beverages segment is the largest in terms of market value and is estimated to reflect a market valuation of more than US$ 190 Mn by the end of the period of assessment. The nutraceuticals segment in the application category is expected to grow at the fastest pace to register a value CAGR of 8.6% during 2018-2028.

Top-down approach has been used to estimate the phycocyanin market by countries. Global market numbers by source have been derived using the bottom-up approach, which is cumulative of each country’s demand. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, and Hoover’s, and company annual reports and publications.

The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major companies operating in the global phycocyanin market are Chr. Hansen A/S, Sensient Technologies Corp, Parry Nutraceuticals Limited, Cyanotech Corp, DIC Corporation, GNC Holdings, Inc., DDW Inc., Now Health Group Inc., Parry Nutraceuticals Limited, Fraken Biochem Co., Ltd., Naturex S.A, Döhler GmbH and Far East Bio-Tec Co., Ltd. (ALGAPHARMA BIOTECH CORP) have been included.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities.

Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global phycocyanin market.

Key Segments Covered in the Report Include -

Analysis by Nature

Organic

Conventional

Analysis by Form

Powder

Liquid

Analysis by Application

Food and Beverage

Nutraceutical

Animal Feed

Cosmetics & Personal Care

Others

Analysis by Region

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific excluding Japan

Japan

Middle East & Africa


1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Phycocyanin Market Background
3.1. Macro-Economic Factors
3.2. Opportunity Analysis
3.3. Global Economic Outlook
3.3.1. Global GDP by Region and Country, 2006–2021
3.3.2. Global Industry Value Added
3.3.3. Global Essential Oil Market Outlook
3.4. Global Enzymes Market Outlook
3.5. Key Regulations
3.6. Value Chain Analysis
3.7. Market Dynamics
3.7.1. Drivers
3.7.2. Challenges
3.7.3. Restraints
3.7.4. Trends
4. Global Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028
4.1. Market Volume (Metric Tons) Projections
4.2. Market Size (US$ Mn) Projections
4.2.1. Y-o-Y Projections
4.2.2. Absolute $ Opportunity Analysis
5. Global Phycocyanin Market Analysis and Forecast, By Region
5.1. Introduction
5.1.1. Market Value Share Analysis By Region
5.1.2. Y-o-Y Growth Analysis By Region
5.2. Historical Market Size (US$ Mn) and Volume By Region, 2013–2017
5.3. Market Size (US$ Mn) and Volume Forecast By Region, 2018-2028
5.3.1. North America
5.3.2. Latin America
5.3.3. Western Europe
5.3.4. Eastern Europe
5.3.5. Japan
5.3.6. Asia Pacific Excluding Japan
5.3.7. Middle East & Africa
5.4. Market Attractiveness Analysis By Region
6. Global Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028, by Nature
6.1. Introduction
6.1.1. Market Value Share Analysis By Nature
6.1.2. Y-o-Y Growth Analysis By Nature
6.2. Historical Market Size (US$ Mn) and Volume By Nature, 2013–2017
6.3. Market Size (US$ Mn) and Volume Forecast By Nature, 2018-2028
6.3.1. Organic
6.3.2. Conventional
6.4. Market Attractiveness Analysis By Nature
7. Global Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028, by Form
7.1. Introduction
7.1.1. Market Value Share Analysis By Form
7.1.2. Y-o-Y Growth Analysis By Form
7.2. Historical Market Size (US$ Mn) and Volume By Form, 2013–2017
7.3. Market Size (US$ Mn) and Volume Forecast By Form, 2018-2028
7.3.1. Powder
7.3.2. Liquid
7.4. Market Attractiveness Analysis By Form
8. Global Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028, by Application
8.1. Introduction
8.1.1. Market Value Share Analysis By Application
8.1.2. Y-o-Y Growth Analysis By Application
8.2. Historical Market Size (US$ Mn) and Volume By Application, 2013–2017
8.3. Market Size (US$ Mn) and Volume Forecast By Application, 2018-2028
8.3.1. Food & Beverages
8.3.1.1. Confectionery
8.3.1.2. Drinks
8.3.1.3. Dairy Products
8.3.1.4. Others
8.3.2. Nutraceuticals
8.3.3. Animal Feed
8.3.4. Cosmetics & Personal Care
8.3.5. Others
8.4. Market Attractiveness Analysis By Application
9. North America Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028
9.1. Introduction
9.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
9.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
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 Application
9.3.5. By Sales Channel
9.4. Market Attractiveness Analysis
9.4.1. By Country
9.4.2. By Nature
9.4.3. By Form
9.4.4. By Application
9.4.5. By Sales Channel
10. Latin America Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028
10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
10.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
10.3.1. By Country
10.3.1.1. Brazil
10.3.1.2. Mexico
10.3.1.3. Rest of Latin America
10.3.2. By Nature
10.3.3. By Form
10.3.4. By Application
10.3.5. By Sales Channel
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By Nature
10.4.3. By Form
10.4.4. By Application
10.4.5. By Sales Channel
11. Western Europe Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
11.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
11.3.1. By Country
11.3.1.1. Germany
11.3.1.2. United Kingdom
11.3.1.3. France
11.3.1.4. Italy
11.3.1.5. Spain
11.3.1.6. Rest of Western Europe
11.3.2. By Nature
11.3.3. By Form
11.3.4. By Application
11.3.5. By Sales Channel
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Nature
11.4.3. By Form
11.4.4. By Application
11.4.5. By Sales Channel
12. Eastern Europe Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
12.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
12.3.1. By Country
12.3.1.1. Russia
12.3.1.2. Poland
12.3.1.3. Rest of Eastern Europe
12.3.2. By Nature
12.3.3. By Form
12.3.4. By Application
12.3.5. By Sales Channel
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Nature
12.4.3. By Form
12.4.4. By Application
12.4.5. By Sales Channel
13. Asia Pacific Excluding Japan Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028
13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
13.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
13.3.1. By Country
13.3.1.1. India
13.3.1.2. China
13.3.1.3. Australia and New Zealand
13.3.1.4. ASEAN
13.3.1.5. Rest of APAC
13.3.2. By Nature
13.3.3. By Form
13.3.4. By Application
13.3.5. By Sales Channel
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Nature
13.4.3. By Form
13.4.4. By Application
13.4.5. By Sales Channel
14. Middle East & Africa Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028
14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
14.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
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 Application
14.3.5. By Sales Channel
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Nature
14.4.3. By Form
14.4.4. By Application
14.4.5. By Sales Channel
15. Japan Phycocyanin Market Analysis 2013–2017 and Forecast 2018–2028
15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
15.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
15.3.1. By Nature
15.3.2. By Form
15.3.3. By Application
15.3.4. By Sales Channel
15.4. Market Attractiveness Analysis
15.4.1. By Nature
15.4.2. By Form
15.4.3. By Application
15.4.4. By Sales Channel
16. Competition Analysis
16.1. Competition Dashboard
16.2. Competitive Benchmarking
16.3. Profitability and Gross Margin Analysis By Competition
16.4. Competition Developments (Mergers, Acquisitions and Expansions)
16.5. Competition Deepdive
16.5.1. Sensient Technologies Corporation
16.5.1.1. Overview
16.5.1.2. Product Portfolio
16.5.1.3. Profitability by Market Segments (Product/Channel/Region)
16.5.1.4. Production Footprint
16.5.1.5. Sales Footprint
16.5.1.6. Channel Footprint
16.5.1.7. Gross Margin Benchmarking
16.5.1.8. Strategy Overview
16.5.1.8.1. Marketing Strategy
16.5.1.8.2. Product Strategy
16.5.1.8.3. Channel Strategy
16.5.2. CHR Hansen A/S
16.5.2.1. Overview
16.5.2.2. Product Portfolio
16.5.2.3. Profitability by Market Segments (Product/Channel/Region)
16.5.2.4. Production Footprint
16.5.2.5. Sales Footprint
16.5.2.6. Channel Footprint
16.5.2.7. Gross Margin Benchmarking
16.5.2.8. Strategy Overview
16.5.2.8.1. Marketing Strategy
16.5.2.8.2. Product Strategy
16.5.2.8.3. Channel Strategy
16.5.3. DIC Corporation
16.5.3.1. Overview
16.5.3.2. Product Portfolio
16.5.3.3. Profitability by Market Segments (Product/Channel/Region)
16.5.3.4. Production Footprint
16.5.3.5. Sales Footprint
16.5.3.6. Channel Footprint
16.5.3.7. Gross Margin Benchmarking
16.5.3.8. Strategy Overview
16.5.3.8.1. Marketing Strategy
16.5.3.8.2. Product Strategy
16.5.3.8.3. Channel Strategy
16.5.4. DDW The Color House
16.5.4.1. Overview
16.5.4.2. Product Portfolio
16.5.4.3. Profitability by Market Segments (Product/Channel/Region)
16.5.4.4. Production Footprint
16.5.4.5. Sales Footprint
16.5.4.6. Channel Footprint
16.5.4.7. Gross Margin Benchmarking
16.5.4.8. Strategy Overview
16.5.4.8.1. Marketing Strategy
16.5.4.8.2. Product Strategy
16.5.4.8.3. Channel Strategy
16.5.5. Naturex S.A.
16.5.5.1. Overview
16.5.5.2. Product Portfolio
16.5.5.3. Profitability by Market Segments (Product/Channel/Region)
16.5.5.4. Production Footprint
16.5.5.5. Sales Footprint
16.5.5.6. Channel Footprint
16.5.5.7. Gross Margin Benchmarking
16.5.5.8. Strategy Overview
16.5.5.8.1. Marketing Strategy
16.5.5.8.2. Product Strategy
16.5.5.8.3. Channel Strategy
16.5.6. Dohler Group
16.5.6.1. Overview
16.5.6.2. Product Portfolio
16.5.6.3. Profitability by Market Segments (Product/Channel/Region)
16.5.6.4. Production Footprint
16.5.6.5. Sales Footprint
16.5.6.6. Channel Footprint
16.5.6.7. Gross Margin Benchmarking
16.5.6.8. Strategy Overview
16.5.6.8.1. Marketing Strategy
16.5.6.8.2. Product Strategy
16.5.6.8.3. Channel Strategy
16.5.7. Cyanotech Corporation
16.5.8. Dongtai City Spirulina Bio-engineering Co., Ltd
16.5.9. Fuqing King Dnarmsa Spirulina Co., Ltd
16.5.10. Naturalin Bio-Resources Co., Ltd
16.5.11. Fraken Biochem
16.5.12. Parry Nutraceuticals
16.5.13. Far East Bio-Tec Co., Ltd. (ALGAPHARMA BIOTECH CORP.).
16.5.14. GNT Holding B.V.
17. Research Methodology

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