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)
Market Analysis and Insights: Global Pharmaceutical Grade Phycocyanin Market
Due to the COVID-19 pandemic, the global Pharmaceutical Grade Phycocyanin market size is estimated to be worth US$ 28 million in 2022 and is forecast to a readjusted size of US$ 37 million by 2028 with a CAGR of 5.3% during the review period. Fully considering the economic change by this health crisis, C Phycocyanin accounting for % of the Pharmaceutical Grade Phycocyanin global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Health Care Products segment is altered to an % CAGR throughout this forecast period.
The major players in global Pharmaceutical Grade Phycocyanin market include DIC Corporation, Japan Algae, Parry Nutraceuticals, etc. North America and Europe are main markets, they occupy about 70% of the global market. C Phycocyanin is the main type, with a share about 75%. Health Care Products is the main application, which holds a share about 55%.
Global Pharmaceutical Grade Phycocyanin Scope and Segment
Pharmaceutical Grade Phycocyanin market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Pharmaceutical Grade Phycocyanin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
C Phycocyanin
R Phycocyanin
Segment by Application
Health Care Products
Medicine
Others
By Company
DIC Corporation
Japan Algae
Parry Nutraceuticals
Ozone Naturals
EcoFuel Laboratories
Nan Pao International Biotech
King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Wuli Lvqi
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E