Phycocyanin Market Size, Share, Trends & Analysis By Key Players, Types and Application 2025

In this report,global Phycocyanin Market will reach 66.25 Million USD by the end of 2022 with a CAGR of 15.35%
The global Phycocyanin market is valued at 32.44 Million USD in 2017 and will reach 66.25 Million USD by the end of 2022, growing at a CAGR of 15.35% during 2017-2022.
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).

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Phycocyanin can be divided into three categories: food grade, cosmetic grade and pharmaceutical grade. Food Grade type accounted for the highest proportion in sales market, with a figure of 68.03% in 2017, followed by Pharmaceutical Grade, account for 25.84% and cosmetic grade account for 6.13%.

In 2013, the Federal Food approve phycocyanin as color additives used in food, the application into the natural food colorant is paied much attention, and many companies begin to put much more investments into the phycocyanin industry. The market share of natural food colorant rose from 65.11% in 2012 to 85.93% in 2017

Radiant Insights, Inc center data shows that North America is the biggest contributor to the Phycocyanin revenue market, accounted for 54.28% of the total global market with a revenue of 17.61 million USD in 2017, followed by Europe, 28.27% with a revenue of 9.17 million USD.
DIC is the largest company in the global Phycocyanin market, accounted for 46.52% of the revenue market share in 2017, followed by King Dnarmsa Spirulina and Parry Nutraceuticals, accounted for 15.88% and 5.27% of the revenue market share in 2017. The Phycocyanin industry is not concentrated, these manufacturers range from large multinational corporations to small privately-owned companies compete in this industry. The top five producers account for above 75 % of the revenue market.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Phycocyanin in these regions, from 2014 to 2026 (forecast), covering
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Phycocyanin market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• DIC
• Japan Algae
• Parry Nutraceuticals
• Ozone Naturals
• EcoFuel Laboratories
• Nan Pao International Biotech
• King Dnarmsa Spirulina
• Zhejiang Binmei Biotechnology
• Wuli Lvqi
• Norland

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Food Grade
• Cosmetic Grade
• Pharmaceutical Grade

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Phycocyanin for each application, including
• Natural Food Colorant
• Pharmaceutical Industry

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Table of Contents
Global Phycocyanin Market by Manufacturers, Regions, Type and Application, Forecast to 2026
1 Report Overview
1.1 Definition and Specification
1.2 Report Overview
1.2.1 Manufacturers Overview
1.2.2 Regions Overview
1.2.3 Type Overview
1.2.4 Application Overview
1.3 Industrial Chain
1.3.1 Phycocyanin Overall Industrial Chain
1.3.2 Upstream
1.3.3 Downstream
1.4 Industry Situation
1.4.1 Industrial Policy
1.4.2 Product Preference
1.4.3 Economic/Political Environment
1.5 SWOT Analysis
2 Market Assessment by Type
2.1 Food Grade Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
2.2 Cosmetic Grade Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
2.3 Pharmaceutical Grade Sales (K Units), Revenue (M USD) and Growth Rate 2014-2020
3 Asia Pacific Phycocyanin Market Assessment by Type
3.1 Asia Pacific Market Performance (Sales, Revenue)
3.2 Key Players in Asia Pacific
4 North America Phycocyanin Market Assessment by Type
4.1 North America Market Performance (Sales, Revenue)
4.2 Key Players in North America
5 Europe Phycocyanin Market Assessment by Type
4.1 Europe Market Performance (Sales, Revenue)
4.2 Key Players in Europe

Continued ………

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