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
Analysis by Form
Analysis by Application
Food and Beverage
Cosmetics & Personal Care
Analysis by Region
Asia Pacific excluding Japan
Middle East & Africa
Our reports have been used by over 10K customers, including:
Global Skin Microbiome Modulators Market to Reach $2.97 Billion by 2030 Market Report Coverage - Skin Microbiome Modulators Market Segmentation • By Product Type: Probiotics, Prebiotics, and Drugs • By Application: Skin Care, Hair Care, and Other Applications • By Distribution Channels:...
REPORT OBJECTIVES The report “Nutrition Lipid Market: Global Market Intelligence (2018-2028) provides market intelligence on the different market segments, based on Market Dynamics, Distribution Channel, Product type, and geography. Market size and forecast (2018-2028) has been provided in the report. The primary objectives...
Feed Premix Market Research Report by Form (Liquid Premix and Powder Premix), by Ingredient (Amino Acid Premix, Fiber Premix, Mineral Premix, Nucleotide Premix, and Nutraceutical Premix), by Livestock - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Feed Premix Market is expected to grow from USD...
Algae Protein Market Research Report by Product (Chlorella, Seaweed, and Spirulina), by Source (Freshwater Algae and Marine Algae), by Application, by Distribution Channel - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Algae Protein Market is expected to grow from USD 758.63 Million in 2019 to...
275 pages •
By Global Industry Analysts
• Jul 2020
Global Taste Modulators Market to Reach $2.1 Billion by 2027 Amid the COVID-19 crisis, the global market for Taste Modulators estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 8.8% over the analysis period 2020-2027. Sweet Modulators, one of the segments...
The eggshell membrane market is projected to grow at a CAGR of10.1% in terms of value. The key factors driving the market growth include the increase in the adoption of the eggshell membrane to prevent joint health problems. The global eggshell membrane market size is estimated to be valued at USD 105millionin 2020andis projected to...
284 pages •
By Global Industry Analysts
• Jul 2020
Global Lyophilization Equipment and Services Market to Reach $6.7 Billion by 2027 Amid the COVID-19 crisis, the global market for Lyophilization Equipment and Services estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$6.7 Billion by 2027, growing at a CAGR of 6.7% over the analysis period 2020-2027....
The report on the global watermelon seeds market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global watermelon seeds market to grow with a CAGR of 11.8% over the forecast period from 2020-2026. The study on watermelon seeds market covers the analysis of the...
The global betaine market grew at a CAGR of around 6% during 2014-2019. The global betaine market is currently witnessing strong growth. Betaine refers to an organic nitrogenous compound that is used for preventing the build-up of amino acid in blood vessels. It is naturally found in microorganisms, plants and animals,...
The global nutritional bar market grew at a CAGR of nearly 5% during 2014-2019. A nutritional bar contains a wide variety of carbohydrates, proteins, vitamins, and minerals, offering a healthy and convenient meal replacement. It is mostly available in the form of a protein bar, energy bar, snack bar, etc. and can be...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.