Market Overview:
The global organic phycocyanin powder market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for organic products, rising awareness about the benefits of organic phycocyanin powder, and growing applications of this product in pharmaceuticals, dietary supplements, and food and beverages. On the basis of type, the global organic phycocyanin powder market can be segmented into food grade, cosmetic grade, and pharmaceutical grade. The food grade segment is expected to account for a major share of the global market due to its widespread use in various applications such as bakery products, confectionery items, dairy products etc.
Product Definition:
Organic Phycocyanin Powder is a natural blue pigment derived from algae. It has a number of potential health benefits, including antioxidant and anti-inflammatory effects.
Food Grade:
Food grade is the most important factor in organic phycocyanin powder market. The demand for food-grade has been increasing over the past few years owing to its usage in various industries such as pharmaceutical, animal feed and food & beverage. Organic Phycocyanin Powder is used as a coloring agent and antioxidant additive in these industries.
Cosmetic Grade:
Cosmetic grade is the purest form of phycocyanin available in the market. It has no additives and chemicals added to it. Cosmetic grade is used for manufacturing organic phycocyanin powder which finds application in skin care products, makeup, and other personal care products.
Application Insights:
The demand for the product in pharmaceutical applications dominated the global market with a share of over 60.0% in 2017. The product is used as an imaging agent, therapeutic, and diagnostic agent owing to its properties such as enhanced optical clarity and high absorption wavelength.
Dietary supplements are expected to be the fastest-growing segment at a CAGR of XX% from 2018 to 2030 owing to increasing health consciousness among consumers around the world coupled with rising geriatric population prone to nutritional deficiency diseases.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rising product demand from various end-use industries, such as pharmaceuticals and cosmetics. In addition, increasing foreign direct investments by multinational companies are anticipated to boost regional growth over the coming years.
The dietary supplement industry in North America is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing health awareness among consumers coupled with an aging population that requires targeted nutritional products for improved health outcomes. Moreover, rising consumer disposable income levels and changing lifestyles will drive demand for organic phycocyanin powder in this region over the forecast period.
Growth Factors:
- Increasing demand for natural and organic products: The global market for organic products is expected to grow at a CAGR of around 14% from 2016 to 2021. This growth is driven by the increasing awareness among consumers about the benefits of organic products, as well as the rising disposable income of consumers in developed countries.
- Growing demand for nutraceuticals and functional foods: The global nutraceuticals market is expected to grow at a CAGR of around 8% from 2016 to 2021. This growth is driven by the increasing awareness among consumers about the health benefits of consuming nutraceuticals, as well as the rising disposable income of consumers in developed countries.
- Rising consumer preference for healthy and functional foods: There has been a growing trend among consumers worldwide to shift towards healthier and more functional food options. This trend is being driven by factors such as changing lifestyles, growing awareness about health issues, and rising obesity rates across different regions globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Phycocyanin Powder Market Research Report
By Type
Food Grade, Cosmetic Grade, Pharmaceutical Grade
By Application
Pharmaceuticals, Dietary Supplements, Food and Beverages
By Companies
Organicway, Xi'an Pincredit, Bluetec, Fuqing King Dnarmsa Spirulina, Valensa, Qingdao ZolanBio, Seah
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Organic Phycocyanin Powder Market Report Segments:
The global Organic Phycocyanin Powder market is segmented on the basis of:
Types
Food Grade, Cosmetic Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Dietary Supplements, Food and Beverages
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Organicway
- Xi'an Pincredit
- Bluetec
- Fuqing King Dnarmsa Spirulina
- Valensa
- Qingdao ZolanBio
- Seah
Highlights of The Organic Phycocyanin Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Cosmetic Grade
- Pharmaceutical Grade
- By Application:
- Pharmaceuticals
- Dietary Supplements
- Food and Beverages
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Organic Phycocyanin Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Organic Phycocyanin Powder is a natural pigment that comes from blue-green algae. It is used as a food additive and has antioxidant properties.
Some of the key players operating in the organic phycocyanin powder market are Organicway, Xi'an Pincredit, Bluetec, Fuqing King Dnarmsa Spirulina, Valensa, Qingdao ZolanBio, Seah.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Organic Phycocyanin Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Organic Phycocyanin Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Organic Phycocyanin Powder Market - Supply Chain
4.5. Global Organic Phycocyanin Powder Market Forecast
4.5.1. Organic Phycocyanin Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Organic Phycocyanin Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Organic Phycocyanin Powder Market Absolute $ Opportunity
5. Global Organic Phycocyanin Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Organic Phycocyanin Powder Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Cosmetic Grade
5.3.3. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Organic Phycocyanin Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Organic Phycocyanin Powder Market Size and Volume Forecast by Application
6.3.1. Pharmaceuticals
6.3.2. Dietary Supplements
6.3.3. Food and Beverages
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Organic Phycocyanin Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Organic Phycocyanin Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Organic Phycocyanin Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Organic Phycocyanin Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Organic Phycocyanin Powder Demand Share Forecast, 2019-2026
9. North America Organic Phycocyanin Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Organic Phycocyanin Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Organic Phycocyanin Powder Market Size and Volume Forecast by Application
9.4.1. Pharmaceuticals
9.4.2. Dietary Supplements
9.4.3. Food and Beverages
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Organic Phycocyanin Powder Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Cosmetic Grade
9.7.3. Pharmaceutical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Organic Phycocyanin Powder Demand Share Forecast, 2019-2026
10. Latin America Organic Phycocyanin Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Organic Phycocyanin Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Organic Phycocyanin Powder Market Size and Volume Forecast by Application
10.4.1. Pharmaceuticals
10.4.2. Dietary Supplements
10.4.3. Food and Beverages
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Organic Phycocyanin Powder Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Cosmetic Grade
10.7.3. Pharmaceutical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Organic Phycocyanin Powder Demand Share Forecast, 2019-2026
11. Europe Organic Phycocyanin Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Organic Phycocyanin Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Organic Phycocyanin Powder Market Size and Volume Forecast by Application
11.4.1. Pharmaceuticals
11.4.2. Dietary Supplements
11.4.3. Food and Beverages
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Organic Phycocyanin Powder Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Cosmetic Grade
11.7.3. Pharmaceutical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Organic Phycocyanin Powder Demand Share, 2019-2026
12. Asia Pacific Organic Phycocyanin Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Organic Phycocyanin Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Organic Phycocyanin Powder Market Size and Volume Forecast by Application
12.4.1. Pharmaceuticals
12.4.2. Dietary Supplements
12.4.3. Food and Beverages
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Organic Phycocyanin Powder Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Cosmetic Grade
12.7.3. Pharmaceutical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Organic Phycocyanin Powder Demand Share, 2019-2026
13. Middle East & Africa Organic Phycocyanin Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Organic Phycocyanin Powder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Organic Phycocyanin Powder Market Size and Volume Forecast by Application
13.4.1. Pharmaceuticals
13.4.2. Dietary Supplements
13.4.3. Food and Beverages
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Organic Phycocyanin Powder Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Cosmetic Grade
13.7.3. Pharmaceutical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Organic Phycocyanin Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Organic Phycocyanin Powder Market: Market Share Analysis
14.2. Organic Phycocyanin Powder Distributors and Customers
14.3. Organic Phycocyanin Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Organicway
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xi'an Pincredit
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bluetec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fuqing King Dnarmsa Spirulina
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Valensa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Qingdao ZolanBio
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Seah
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook