Table of Content

1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders

2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study

3. Executive Summary
3.1. Overview
3.2. Segment Analysis
3.2.1. Phycocyanin Market?Form Segment Analysis
3.2.2. Phycocyanin Market?Grade Segment Analysis
3.2.3. Phycocyanin Market?Application Segment Analysis
3.3. Regional Level Analysis
3.4. Key Players

4. Market Insights
4.1. Overview
4.2. Drivers
4.2.1. Increasing Adoption of Phycocyanin for Nutraceutical & Nutritional Applications
4.2.2. Reluctance Toward the Use of Synthetic Colors
4.2.2.1. Stringent Regulations for Synthetic Color Additives
4.2.2.2. Health Hazards of Synthetic Colors
4.2.3. Rising Demand for Natural Blue Colorants
4.2.4. Increasing Venture Investments in Phycocyanin Production
4.3. Restraints
4.3.1. High Prices of Natural Colorants
4.3.2. High Costs of Extracting and Purifying Phycocyanin
4.3.3. Complexities in Algae Production
4.4. Opportunities
4.4.1. High Potential of Phycocyanin in Pharmaceutical Applications
4.4.2. Increasing Consumer Awareness Regarding Clean-label Products
4.5. Sources of Phycocyanin

5. Global Phycocyanin Market Assessment?by Form
5.1. Overview
5.2. Phycocyanin Powder
5.3. Liquid Phycocyanin

6. Global Phycocyanin Market Assessment?by Grade
6.1. Overview
6.2. Food-grade Phycocyanin
6.3. Reagent- & Analytical-grade Phycocyanin
6.4. Cosmetic-grade Phycocyanin

7. Global Phycocyanin Market Assessment?by Application
7.1. Overview
7.2. Food & Beverages
7.3. Cosmetics
7.4. Pharmaceuticals & Nutraceuticals
7.5. Diagnostics and Biomedical

8. Phycocyanin Market Assessment?by Geography
8.1. Overview
8.2. Europe
8.2.1. France
8.2.2. Germany
8.2.3. U.K.
8.2.4. Italy
8.2.5. Spain
8.2.6. Netherlands
8.2.7. Denmark
8.2.8. Sweden
8.2.9. Rest of Europe
8.3. North America
8.3.1. U.S.
8.3.2. Canada
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. Thailand
8.4.6. Rest of Asia-Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Egypt
8.6.2. Saudi Arabia
8.6.3. South Africa
8.6.4. UAE
8.6.5. Rest of Middle East & Africa

9. Competition Analysis
9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Dashboard
9.3.1. Industry Leaders
9.3.2. Market Differentiators
9.3.3. Vanguards
9.3.4. Emerging Companies
9.4. Vendor Market Positioning

10. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Developments)
10.1. AlgoSource
10.2. Bluetec Naturals Co., Ltd
10.3. DIC Corporation
10.4. E.I.D. - Parry (India) Limited (A Subsidiary Of M/S. Ambadi Investments Limited)
10.5. Fuqing King Dnarmsa Spirulina Co., Ltd.
10.6. Givaudan SA
10.7. GNT Group B.V.
10.8. Hangzhou Ouqi Food co., Ltd.
10.9. Inner Mongolia Rejuve Biotech Co., Ltd.
10.10 Japan Algae Co., Ltd.
10.11. Jiangshan Comp Spirulina Co., Ltd
10.12. Merck KGaA
10.13. Phyco-Biotech Laboratories
10.14. Pond Technologies Inc.
10.15. Qingdao Haizhijiao Biotechnology Co., Ltd.
10.16. Qingdao Zaolanbio Co., Ltd.
10.17. Sensient Technologies Corporation
10.18. SPIFORM
10.19. Tianjin Norland Biotech Co., Ltd
10.20 Wellisen Nutraceuticals
10.21 Yunnan Green A Biological Project Co., Ltd. (A Subsidiary of Yunnan Spirin Biotechnology Co. Ltd)
10.22. Xi’an Fengzu Biological Technology Co., LTD. (FZBIOTECH)
10.23. Zhejiang Binmei Biotechnology Co.,Ltd

11. Appendix
11.1. Available Customization
11.2. Related Reports



List of Figures

List of Figures
Figure 1 Market Ecosystem
Figure 2 Research Process
Figure 3 Secondary Sources Referenced for this Study
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 7 Market Size Estimation and Growth Forecast Approach
Figure 8 In 2023, the Phycocyanin Powder Segment to Dominate the Phycocyanin Market
Figure 9 In 2023, the Food Grade Phycocyanin Segment to Dominate the Phycocyanin Market
Figure 10 In 2023, the Food & Beverages Segment to Dominate the Phycocyanin Market
Figure 11 Europe Dominates the Overall Phycocyanin Market, While Asia-Pacific Leads in Growth
Figure 12 Factors Affecting Market Growth
Figure 13 Global Phycocyanin Market, by Form, 2023 Vs. 2030 (USD Thousand)
Figure 14 Global Phycocyanin Market, by Grade, 2023 Vs. 2030 (USD Thousand)
Figure 15 Global Phycocyanin Market, by Grade, 2023 Vs. 2030 (Tons)
Figure 16 Global Phycocyanin Market, by Application, 2023 Vs. 2030 (USD Thousand)
Figure 17 Global Phycocyanin Market, by Region
Figure 18 Global Phycocyanin Market, by Region, 2023 Vs. 2030 (Tons)
Figure 19 Europe: Phycocyanin Market Snapshot, 2023
Figure 20 North America: Phycocyanin Market Snapshot, 2023
Figure 21 Asia-Pacific: Phycocyanin Market Snapshot, 2023
Figure 22 Latin America: Phycocyanin Market Snapshot, 2023
Figure 23 Middle East & Africa: Phycocyanin Market Snapshot, 2023
Figure 24 Key Growth Strategies Adopted by Leading Players (2019–2023)
Figure 25 Competitive Dashboard: Global Phycocyanin Market
Figure 26 Global Phycocyanin Market Competitive Benchmarking?by Application
Figure 27 DIC Corporation: Financial Overview (2022)
Figure 28 E.I.D. - Parry (India) Limited: Financial Overview (2022)
Figure 29 Givaudan SA: Financial Overview (2022)
Figure 30 Merck KGaA: Financial Overview (2021)
Figure 31 Sensient Technologies Corporation: Financial Overview (2021)