Pharmaceutical Grade Phycocyanin Market

Phycocyanin is a pigment-protein complex from the light-harvesting phycobiliprotein family, along with allophycocyanin and phycoerythrin. It is an accessory pigment to chlorophyll. All phycobiliproteins are water-soluble, so they cannot exist within the membrane like carotenoids can. Instead, phycobiliproteins aggregate to form clusters that adhere to the membrane called phycobilisomes. Phycocyanin is a characteristic light blue color, absorbing orange and red light, particularly near 620 nm (depending on which specific type it is), and emits fluorescence at about 650 nm (also depending on which type it is). Allophycocyanin absorbs and emits at longer wavelengths than phycocyanin C or phycocyanin R. Phycocyanins are found in Cyanobacteria (also called blue-green algae)

Pharmaceutical Grade Phycocyanin Market contains market size and forecasts of Pharmaceutical Grade Phycocyanin in global, including the following market information:

Global Pharmaceutical Grade Phycocyanin Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Pharmaceutical Grade Phycocyanin Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Pharmaceutical Grade Phycocyanin companies in 2021 (%)

The global Pharmaceutical Grade Phycocyanin market was valued at 27 million in 2021 and is projected to reach US$ 38 million by 2028, at a CAGR of 5.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

C Phycocyanin Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Pharmaceutical Grade Phycocyanin include DIC Corporation, Japan Algae, Parry Nutraceuticals, Ozone Naturals, EcoFuel Laboratories, Nan Pao International Biotech, King Dnarmsa Spirulina, Zhejiang Binmei Biotechnology and Wuli Lvqi. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Pharmaceutical Grade Phycocyanin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Pharmaceutical Grade Phycocyanin Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Pharmaceutical Grade Phycocyanin Market Segment Percentages, by Type, 2021 (%)

C Phycocyanin

R Phycocyanin

Global Pharmaceutical Grade Phycocyanin Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Pharmaceutical Grade Phycocyanin Market Segment Percentages, by Application, 2021 (%)

Health Care Products

Medicine

Others

Global Pharmaceutical Grade Phycocyanin Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Pharmaceutical Grade Phycocyanin Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Pharmaceutical Grade Phycocyanin revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Pharmaceutical Grade Phycocyanin revenues share in global market, 2021 (%)

Key companies Pharmaceutical Grade Phycocyanin sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Pharmaceutical Grade Phycocyanin sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

DIC Corporation

Japan Algae

Parry Nutraceuticals

Ozone Naturals

EcoFuel Laboratories

Nan Pao International Biotech

King Dnarmsa Spirulina

Zhejiang Binmei Biotechnology

Wuli Lvqi