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Phycocyanin Comprehensive Study by Application (Natural colourant, Pharmaceuticals), Nature (Organic, Conventional), Form (Powder, Liquid) Players and Region - Global Market Outlook to 2027
Phycocyanin Market by XX Submarkets | Forecast Years 2022-2027 | CAGR: 8.5%
Industry Background:
Phycocyanin is found in a micro algae and is water soluble pigment protein. It consists of properties such as antioxidant, anti-inflammatory, hepatoprotective and neuro protective effects. Additionally, it has immune enhancement, anti-cancer function, and liver as well as kidney protection benefits. Phycocyanin has been used in the development of drugs and has been a focus in research activities. The natural products are being used in the treatment of diseases due to which the Phycocyanin has being given more importance as it has several benefits. This, there is a high demand in this product which is fueling the market growth. According to AMA Research, the market for Phycocyanin is expected to register a CAGR of 8.5% during the forecast period to 2027. This growth is primarily driven by Wide Range of Usage is Propelling the Market Growth
.| Attributes | Details |
|---|---|
| Study Period | 2017-2027 |
| Base Year | 2021 |
| Forecast Period | 2022-2027 |
| Volume Unit | N |
| Value Unit | Value (USD Million) |
| Key Companies in Study | Pondtech (Canada), AAT Bioquest (United States), Phyco-Biotech (France), DIC (Japan), Japan Algae (Japan), Parry Nutraceuticals (India), Ozone Naturals (India), EcoFuel Laboratories (Czechia), Nan Pao International Biotech (Taiwan) and King Dnarmsa Spirulina (China) |
| Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Rising Demand for Organic and Natural Food Products . Major Players, such as Pondtech (Canada), AAT Bioquest (United States), Phyco-Biotech (France), DIC (Japan), Japan Algae (Japan), Parry Nutraceuticals (India), Ozone Naturals (India), EcoFuel Laboratories (Czechia), Nan Pao International Biotech (Taiwan) and King Dnarmsa Spirulina (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 27th May 2021, Pond Technologies Holdings Inc. an ESG company addressing global sustainability challenges of climate change and nutrition, is pleased to announce that its wholly-owned subsidiary, Pond Naturals, has received a white label order for 5,000 bottles of Astaxanthin from a U.S. client.Regulatory Insights:
The color additive that is the subject of this petition is a, concentrated aqueous extract from the dried biomass of the and cyanobacteria A. platensis, also called spirulina. Spirulina is a blue- green filamentous cyanobacteria that occurs naturally in freshwater and marine habitats. It has a long history as a food in many countries. Spirulina contains chlorophyll and phycobilins, which absorb sunlight and have a role in photosynthesis. The phycobilins found in spirulina are phycocyanins, which are blue and, together with chlorophyll, give spirulina its characteristic blue-green color.Market Drivers
- Wide Range of Usage is Propelling the Market Growth
- Cost Effectiveness and Government Initiatives
Market Trend
- Rising Demand for Organic and Natural Food Products
- Increasing Awareness among the Consumers
Restraints
- Environment Changes May Challenge the Production
Opportunities
Rising Application of Phycocyanin and Increasing Usage in Food and Beverage Due to its High Nutritional ValueChallenges
Contamination in Phycocyanin May Affect the ProductionAMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Phycocyanin Study Sheds Light on
— The Phycocyanin Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Phycocyanin industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.— Where Phycocyanin industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.
Report Objectives / Segmentation Covered
By Application
- Natural colourant
- Pharmaceuticals
By Nature
- Organic
- Conventional
By Form
- Powder
- Liquid
By Regions
- South America
- Brazil
- Argentina
- Rest of South America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- Italy
- United Kingdom
- Netherlands
- Rest of Europe
- MEA
- Middle East
- Africa
- North America
- United States
- Canada
- Mexico
- 1. Market Overview
- 1.1. Introduction
- 1.2. Scope/Objective of the Study
- 1.2.1. Research Objective
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Wide Range of Usage is Propelling the Market Growth
- 3.2.2. Cost Effectiveness and Government Initiatives
- 3.3. Market Challenges
- 3.3.1. Contamination in Phycocyanin May Affect the Production
- 3.4. Market Trends
- 3.4.1. Rising Demand for Organic and Natural Food Products
- 3.4.2. Increasing Awareness among the Consumers
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 5. Global Phycocyanin, by Application, Nature, Form and Region (value) (2016-2021)
- 5.1. Introduction
- 6. Phycocyanin: Manufacturers/Players Analysis
- 6.1. Company Profile
- 6.1.1. Pondtech (Canada)
- 6.1.1.1. Business Overview
- 6.1.1.2. Products/Services Offerings
- 6.1.1.3. Financial Analysis
- 6.1.1.4. SWOT Analysis
- 6.1.2. AAT Bioquest (United States)
- 6.1.2.1. Business Overview
- 6.1.2.2. Products/Services Offerings
- 6.1.2.3. Financial Analysis
- 6.1.2.4. SWOT Analysis
- 6.1.3. Phyco-Biotech (France)
- 6.1.3.1. Business Overview
- 6.1.3.2. Products/Services Offerings
- 6.1.3.3. Financial Analysis
- 6.1.3.4. SWOT Analysis
- 6.1.4. DIC (Japan)
- 6.1.4.1. Business Overview
- 6.1.4.2. Products/Services Offerings
- 6.1.4.3. Financial Analysis
- 6.1.4.4. SWOT Analysis
- 6.1.5. Japan Algae (Japan)
- 6.1.5.1. Business Overview
- 6.1.5.2. Products/Services Offerings
- 6.1.5.3. Financial Analysis
- 6.1.5.4. SWOT Analysis
- 6.1.6. Parry Nutraceuticals (India)
- 6.1.6.1. Business Overview
- 6.1.6.2. Products/Services Offerings
- 6.1.6.3. Financial Analysis
- 6.1.6.4. SWOT Analysis
- 6.1.7. Ozone Naturals (India)
- 6.1.7.1. Business Overview
- 6.1.7.2. Products/Services Offerings
- 6.1.7.3. Financial Analysis
- 6.1.7.4. SWOT Analysis
- 6.1.8. EcoFuel Laboratories (Czechia)
- 6.1.8.1. Business Overview
- 6.1.8.2. Products/Services Offerings
- 6.1.8.3. Financial Analysis
- 6.1.8.4. SWOT Analysis
- 6.1.9. Nan Pao International Biotech (Taiwan)
- 6.1.9.1. Business Overview
- 6.1.9.2. Products/Services Offerings
- 6.1.9.3. Financial Analysis
- 6.1.9.4. SWOT Analysis
- 6.1.10. King Dnarmsa Spirulina (China)
- 6.1.10.1. Business Overview
- 6.1.10.2. Products/Services Offerings
- 6.1.10.3. Financial Analysis
- 6.1.10.4. SWOT Analysis
- 6.1.1. Pondtech (Canada)
- 6.1. Company Profile
- 7. Global Phycocyanin Sale, by Application, Nature, Form and Region (value) (2022-2027)
- 7.1. Introduction
- 8. Appendix
- 8.1. Acronyms
- 9. Methodology and Data Source
- 9.1. Methodology/Research Approach
- 9.1.1. Research Programs/Design
- 9.1.2. Market Size Estimation
- 9.1.3. Market Breakdown and Data Triangulation
- 9.2. Data Source
- 9.2.1. Secondary Sources
- 9.2.2. Primary Sources
- 9.3. Disclaimer
- 9.1. Methodology/Research Approach
List of Tables
- Table 1. Company Basic Information, Sales Area and Its Competitors
- Table 2. Company Basic Information, Sales Area and Its Competitors
- Table 3. Company Basic Information, Sales Area and Its Competitors
- Table 4. Company Basic Information, Sales Area and Its Competitors
- Table 5. Company Basic Information, Sales Area and Its Competitors
- Table 6. Company Basic Information, Sales Area and Its Competitors
- Table 7. Company Basic Information, Sales Area and Its Competitors
- Table 8. Company Basic Information, Sales Area and Its Competitors
- Table 9. Company Basic Information, Sales Area and Its Competitors
- Table 10. Company Basic Information, Sales Area and Its Competitors
- Table 11. Research Programs/Design for This Report
- Table 12. Key Data Information from Secondary Sources
- Table 13. Key Data Information from Primary Sources
List of Figures
- Figure 1. Porters Five Forces
- Figure 2. Supply/Value Chain
- Figure 3. PESTEL analysis
- Figure 4. Pondtech (Canada) Revenue, Net Income and Gross profit
- Figure 5. Pondtech (Canada) Revenue: by Geography 2021
- Figure 6. AAT Bioquest (United States) Revenue, Net Income and Gross profit
- Figure 7. AAT Bioquest (United States) Revenue: by Geography 2021
- Figure 8. Phyco-Biotech (France) Revenue, Net Income and Gross profit
- Figure 9. Phyco-Biotech (France) Revenue: by Geography 2021
- Figure 10. DIC (Japan) Revenue, Net Income and Gross profit
- Figure 11. DIC (Japan) Revenue: by Geography 2021
- Figure 12. Japan Algae (Japan) Revenue, Net Income and Gross profit
- Figure 13. Japan Algae (Japan) Revenue: by Geography 2021
- Figure 14. Parry Nutraceuticals (India) Revenue, Net Income and Gross profit
- Figure 15. Parry Nutraceuticals (India) Revenue: by Geography 2021
- Figure 16. Ozone Naturals (India) Revenue, Net Income and Gross profit
- Figure 17. Ozone Naturals (India) Revenue: by Geography 2021
- Figure 18. EcoFuel Laboratories (Czechia) Revenue, Net Income and Gross profit
- Figure 19. EcoFuel Laboratories (Czechia) Revenue: by Geography 2021
- Figure 20. Nan Pao International Biotech (Taiwan) Revenue, Net Income and Gross profit
- Figure 21. Nan Pao International Biotech (Taiwan) Revenue: by Geography 2021
- Figure 22. King Dnarmsa Spirulina (China) Revenue, Net Income and Gross profit
- Figure 23. King Dnarmsa Spirulina (China) Revenue: by Geography 2021
List of companies from research coverage that are profiled in the study
- Pondtech (Canada)
- AAT Bioquest (United States)
- Phyco-Biotech (France)
- DIC (Japan)
- Japan Algae (Japan)
- Parry Nutraceuticals (India)
- Ozone Naturals (India)
- EcoFuel Laboratories (Czechia)
- Nan Pao International Biotech (Taiwan)
- King Dnarmsa Spirulina (China)
Additional players considered in the study are as follows:
Zhejiang Binmei Biotechnology (China)
,
Norland (United Kingdom)
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Key Highlights of Report
Jun 2022
154 Pages
55 Tables
Base Year: 2021
Coverage: 15+ Companies; 18 Countries
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Frequently Asked Questions (FAQ):
Historical year: 2017-2021; Base year: 2021; Forecast period: 2022 to 2027
Companies that are profiled in Global Phycocyanin Market are Pondtech (Canada), AAT Bioquest (United States), Phyco-Biotech (France), DIC (Japan), Japan Algae (Japan), Parry Nutraceuticals (India), Ozone Naturals (India), EcoFuel Laboratories (Czechia), Nan Pao International Biotech (Taiwan) and King Dnarmsa Spirulina (China) etc.
Natural colourant
segment in Global market to hold robust market share owing to "Wide Range of Usage is Propelling the Market Growth
".
AMA Research predicts that Japan Players will contribute to the maximum growth of Global Phycocyanin market throughout the forecasted period.