Press release
Phycocyanin Market Surges: Key Developments Across Leading Economies
Phycocyanin Market
The global phycocyanin market is experiencing remarkable expansion, driven by increasing consumer demand for natural and health-enhancing products. Valued at approximately USD 203.33 Mn. in 2023, the market is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.6% from 2024 to 2030, reaching an estimated USD 391.72 Mn. by 2030.
๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/45492/
๐ท๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam's phycocyanin market is witnessing growth due to rising health consciousness and a shift towards natural food additives. The country's integration into global trade frameworks has attracted investments from nations such as Japan, South Korea, and Singapore, fostering advancements in the food and beverage sector.
๐ท๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Thailand is experiencing an uptick in phycocyanin demand, propelled by its robust food and beverage industry. The nation's focus on natural ingredients aligns with global trends, enhancing the adoption of phycocyanin as a preferred natural colorant.
๐ท๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฑ๐๐๐๐
In Japan, the phycocyanin market is expanding, supported by consumer preferences for natural and functional foods. Companies like ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are at the forefront, investing in research to develop innovative applications for phycocyanin in various products.
๐ท๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
South Korea's market is consolidating, with significant investments in the nutraceutical sector. The emphasis on health and wellness has led to increased utilization of phycocyanin in dietary supplements and functional foods.
๐ท๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
Singapore is updating its food industry standards, promoting the use of natural additives like phycocyanin. The nation's commitment to innovation and quality assurance is driving the incorporation of phycocyanin in various culinary applications.
๐ท๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐
The United States presents substantial opportunities for phycocyanin, driven by a growing preference for clean-label products. Companies such as ๐๐๐ง๐ฌ๐ข๐๐ง๐ญ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are leading the charge, expanding their natural colorant portfolios to include phycocyanin-based solutions.
๐ท๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐
China's phycocyanin market is on the rise, fueled by increasing health awareness and demand for natural food ingredients. The country's expansive food processing industry is integrating phycocyanin to meet consumer preferences for natural and nutritious products.
๐ท๐๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฌ๐๐๐๐๐
Europe is witnessing significant trends towards natural food colorants, with phycocyanin gaining traction across various applications. Companies like ๐๐ก๐ซ. ๐๐๐ง๐ฌ๐๐ง ๐๐จ๐ฅ๐๐ข๐ง๐ ๐/๐ are investing in phycocyanin to cater to the region's demand for sustainable and health-conscious food solutions.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
The phycocyanin industry has seen notable mergers and acquisitions aimed at enhancing market presence and product offerings. For instance, ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง has expanded its capabilities through strategic partnerships, strengthening its position in the natural colorants market.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/45492/
๐๐ก๐ฒ๐๐จ๐๐ฒ๐๐ง๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฎ ๐๐๐ฉ๐ช๐ง๐
Organic
Conventional
๐๐ฎ ๐๐ค๐ง๐ข
Powder
Liquid
Because powdered phycocyanin is widely used in many different industries, particularly in food and drinks as a natural blue colourant, it led the phycocyanin market based on form. Its dry shape makes it simple to incorporate into solid formulations, dry mixes, and supplements, improving the products' visual attractiveness. Because of its stability in formulations such as powdered beauty products, powdered phycocyanin is preferred in the cosmetics industry.
๐๐ฎ ๐๐ง๐๐๐
Phycocyanin E18
Phycocyanin E25
Phycocyanin E3.0
According to grade, Phycocyanin E18 held a significant market share in 2023 and is well-known for its greater level of purity. It is often used in pharmaceuticals and upscale food products where purity is crucial. Its exceptional quality makes it advantageous for culinary products that need premium-grade natural colourants as well as for pharmaceutical formulations because of its possible therapeutic effects.
๐๐ฎ ๐ผ๐ฅ๐ฅ๐ก๐๐๐๐ฉ๐๐ค๐ฃ
Food & Beverages
Cosmetics & Personal Care
Nutraceuticals
Animal Feed
Aquaculture
๐๐จ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ ๐จ ๐ญ๐จ: https://www.maximizemarketresearch.com/request-sample/45492/
๐๐ก๐ฒ๐๐จ๐๐ฒ๐๐ง๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Major Contributors in the Phycocyanin Industry in North America:
1. Cyanotech Corp., Hawaii, US
2. Sensient Technologies Corporation, Wisconsin, US
3. Algorigin USA, California, US
4. Earthrise Nutritionals, California, US
5. Parry Nutraceuticals, Arizona, US
Leading players in the Europe Phycocyanin Market:
1. Algatech, Israel
2. Farmaespaรฑa, Spain
3. Algenics, France
4. VHB Herbs, Bulgaria
5. GNT Group, Germany
Key players driving the Asia-Pacific Phycocyanin market:
1. DIC Corporation, Tokyo, Japan
2. Far East Bio-Tec Co., Ltd., Taiwan
3. Fraken Biochem Co., Ltd, Shandong, China
4. Kingherbs Limited, Hunan, China
๐ ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ฎ๐ณ๐ณ:
Organic Chocolate Market https://www.maximizemarketresearch.com/market-report/organic-chocolate-market/220851/
Organic Cheese Market https://www.maximizemarketresearch.com/market-report/organic-cheese-market/220871/
Organic Baby Food Market https://www.maximizemarketresearch.com/market-report/organic-baby-food-market/221143/
Oryzenin Market https://www.maximizemarketresearch.com/market-report/oryzenin-market/217548/
Manuka Honey Market https://www.maximizemarketresearch.com/market-report/manuka-honey-market/217559/
Global Food Grade Gases Market https://www.maximizemarketresearch.com/market-report/global-food-grade-gases-market/28592/
Global Alternative Sweeteners Market https://www.maximizemarketresearch.com/market-report/global-alternative-sweeteners-market/21291/
Pickles Market https://www.maximizemarketresearch.com/market-report/pickles-market/221120/
Cocoa Liquor Market https://www.maximizemarketresearch.com/market-report/cocoa-liquor-market/188078/
Dog and Cat Food Market https://www.maximizemarketresearch.com/market-report/dog-and-cat-food-market/194019/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
AXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Phycocyanin Market Surges: Key Developments Across Leading Economies here
News-ID: 3831029 • Views: โฆ
More Releases from Maximize Market Research Pvt. Ltd.
Waterless Cosmetics Market Growth Driven by Sustainability, Innovations, Growth โฆ
The Waterless Cosmetic Market was valued at USD 11.94 Billion in 2023 and is projected to grow at a CAGR of 12.2% from 2024 to 2030, reaching an estimated USD 26.74 Billion by the end of the forecast period.
Waterless Cosmetics Market Overview:
Waterless cosmetics, which eliminate water as a primary ingredient, are revolutionizing the personal care industry. Originating in South Korea, these products cater to the rising demand for sustainable, chemical-free,โฆ
Smart Refrigerator Market Set to Transform Global Kitchen Experiences with Advan โฆ
The global Smart Refrigerator Market was valued at USD 4.73 billion in 2024 and is projected to grow at a CAGR of 11.7% from 2025 to 2032, reaching approximately USD 11.47 billion by the end of the forecast period. This growth is driven by rapid adoption of smart home technologies, rising consumer awareness about energy efficiency, and increasing demand for convenience in daily household management.
Smart Refrigerator Market Overview:
Smart refrigerators representโฆ
Milk Powder Market Set to Transform Nutrition and Food Industries Amid Changing โฆ
The Global Milk Powder Market was valued at USD 37.56 Billion in 2024 and is projected to expand at a CAGR of 4.4% between 2025 and 2032, reaching nearly USD 53.01 Billion. This growth underscores the increasing adoption of milk powder in nutrition, infant formulas, and processed food applications worldwide.
Milk Powder Market Overview:
Milk powder, a dehydrated dairy product derived from evaporating milk, serves as a versatile and long-lasting alternative toโฆ
Shampoo Bar Market Size to Reach USD 19.08 Billion by 2030, Driven by Eco-Friend โฆ
According to Maximize Market Research, the global Shampoo Bar Market is projected to grow from USD 11.65 billion in 2024 to USD 19.08 billion by 2030, registering a CAGR of 7.3%. This growth is fueled by rising consumer awareness of sustainability, eco-friendly personal care practices, and innovative product offerings in the shampoo bar segment.
Shampoo Bar Market Overview:
Shampoo bars, solid alternatives to conventional liquid shampoos, are gaining popularity due to theirโฆ
More Releases for Phycocyanin
Phycocyanin - Top Global Industry Trends in 2026
The global phycocyanin market is estimated to be valued at USD 899.1 million in 2025 and is projected to reach USD 1,768.7 million by 2035, registering a compound annual growth rate (CAGR) of 7.0% over the forecast period. This growth translates into an absolute opportunity of USD 869.6 million, driven by rising consumer preference for natural food colorants, expanding applications in nutraceuticals and cosmetics, and heightened health awareness worldwide.
The market'sโฆ
Global Phycocyanin Market to Reach USD 347.14 Million by 2032 at 8.9 % CAGR - Ph โฆ
Driven by surging demand for natural blue colorants and clean-label products, the global phycocyanin market is set to almost double from USD 175.5 million in 2024 to USD 347.14 million by 2032.
According to a new report by Maximize Market Research, the global Phycocyanin Market was valued at USD 175.5 million in 2024 and is projected to reach USD 347.14 million by 2032, expanding at a CAGR of 8.9 % duringโฆ
Phycocyanin Market: Natural Colorants Take Center Stage
Allied Market Research anticipates the global phycocyanin market to witness significant growth, projecting a CAGR of 9.6% from 2021 to 2030. Rising demand for natural coloring agents, coupled with the compound's therapeutic properties, fuels its popularity. The ban on synthetic colors in North America and Europe further propels the market, reaching an estimated value of $409.8 million by 2030.
According to a new report published by Allied Market Research, titled, "Globalโฆ
Phycocyanin Market by Size, Share, Forecasts, & Trends Analysis
[Redding, California - Feb 02, 2024] - Meticulous Researchยฎ, a distinguished leader in the global market research landscape, proudly announces the release of its latest research report, titled 'Phycocyanin Market: Transformative Trends and Projections for 2030.' This comprehensive study delves into the dynamics of the phycocyanin market, presenting valuable insights into key forms, grades, applications, and geographical nuances shaping the industry's future.
Download Sample Copy Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5126
In the forecast periodโฆ
Phycocyanin Market Research Report 2022-2032
Emergence of 'multifunctional' and 'natural' trends has led to increasing prominence of multifunctional ingredients in various industries in the global market. Prominent players operating in the global market are concentrating on the adoption of multifunctional ingredients for their product formulations to expand their product portfolios with multifunctional and sustainable effective product solutions.
Key players operating in the food and beverage, nutraceutical, and pharmaceutical, and cosmetics & personal care industries are turningโฆ
Global Phycocyanin Market Research Report 2021
MarketResearchReports.Biz presents this most up-to-date research on "Global Phycocyanin Market Research Report 2021"
Description
This report studies Phycocyanin in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering
Dainippon Ink and Chemicals
Parry Nutraceuticals
Japan Algae
Norland Biotech
Fuqing King Dnarmsa Spirulina
Yuchang Shiye
Market Segment by Regions, this report splits Global into several key Region, withโฆ
