The Global Phycocyanin market is expected to grow at a CAGR of 8.50% during the forecast period. Phycocyanin is water-soluble pigment proteins that conglomerate with phycobiliproteins conglomerates, which stick to phycobilisomes. It is basically used in the development of immunoassay kit to study phycocyanin use as a light harvesting protein. Growing demand of the natural colorants is one of the major driving factors for the growth of phycocyanin market globally. This product is temperature sensitive, and any unavoidable changes in the climate may destroy the product as a whole.
Increasing population about health conscious, increasing awareness and high protein diet, increasing demand for natural products and increasing aging population are some of the major factors for the growth of global Phycocyanin market across the world.
The phycocyanin applications are using in most of the industries like, food & beverages, chemicals, cosmetics, pharmaceuticals industries, which are expecting the higher growth and more revenue generation during the forecast period. However stringent government regulation about of phycocyanin product may hamper the future growth of this market and may impact the overall market growth across the globe.
Global Phycocyanin market is segregated on the basis of Application type as chemicals, dietary supplements, pharmaceutical industry, food industry and cosmetic industry. Based on product type, the global Phycocyanin market is segmented in natural colour pigment and lyophilized powder. The report also bifurcates global Phycocyanin market based on extraction type in ion-exchange chromatography, ammonium suphate precipitation, and gel filtration chromatography.
Global Phycocyanin market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Phycocyanin market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Prozyme, Norland Biotech, Parry Nutraceuticals are among the major players in the global Phycocyanin market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Phycocyanin Market has been segmented as below:
Phycocyanin Market, by Application Type
Phycocyanin Market, by Product Type
Phycocyanin Market, by Extraction Type
Phycocyanin Market, By Region
The report covers:
Report scope:
Global Phycocyanin market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Phycocyanin market share. Major industry players with significant revenue share include Parry Nutraceuticals, Prozyme Norland biotech, EcoFuel Laboratories etc.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Rising demand of Phycocyanin
4.2.2. Higher nutrition value of Phycocyanin
4.2.3. Increasing awareness about health benefits
4.2.4. Increasing phycocyanin applications
4.3. Restraints
4.3.1. Environmental changes
4.3.2. Fluctuations in import and export of the products
5. Phycocyanin Market, By Application Type
5.1. Key Points
5.2. Chemicals
5.3. Food Industry
5.4. Cosmetic Industry
6. Phycocyanin Market, By Product Type
6.1. Key Points
6.2. Natural Colour Pigment
6.3. Lyophilized Powder
7. Phycocyanin Market, By Extraction Type
7.1. Key Points
7.2. Ion Exchange Chromatography
7.3. Gel Filtration chromatography
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers &Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profile
9.1. Norland Biotech
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. Prozyme
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. EcoFuel Laboratories
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Japan Algae Co. Ltd.
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. Earthrise Nutritional
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Ozone Natural
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. Nan Pao International Biotech
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
The Phycocyanin Market has been segmented as below:
Phycocyanin Market, by Application Type
Phycocyanin Market, by Product Type
Phycocyanin Market, by Extraction Type
Phycocyanin Market, By Region
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