Global Phycobiliprotein Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

Phycobiliprotein are water-soluble proteins present in cyanobacteria and certain algae, for example rhodophytes, cryptomonads, glaucocystophytes, that capture light energy, which is then passed on to chlorophylls during photosynthesis. Phycobiliproteins are formed of a complex between proteins and covalently bound phycobilins that act as chromophores. They are most important constituents of the phycobilisomes.
Scientific research shows that the phycobiliprotein can be used as a natural pigment of food, cosmetics, dyes and other industries. It also can be made into a fluorescent reagent using in clinical medical diagnosis, immune chemical and biological engineering research field. In a word, it has wide range of applications, high development and utilization value. But because of low market awareness and high price, its application market is still immature. Phycobiliprotein’s present value is about 1522 million dollars in worldwide in 2015.
According to our survey, Dainippon Ink and Chemicals from Japan is one of the earliest companies researching and manufacturing phycobiliprotein. So Japan is the biggest supplier of phycobiliprotein depending on mature technology and enough raw materials like spirulina naturally cultured. It occupies relatively large market share at about 28%.

Market Analysis and Insights: Global Phycobiliprotein Market
The global Phycobiliprotein market size is projected to reach US$ 174.1 million by 2026, from US$ 55 million in 2020, at a CAGR of 21.3% during 2021-2026.
Global Phycobiliprotein Scope and Segment
The global Phycobiliprotein market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Phycobiliprotein market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Phycobiliprotein market is segmented into
Food Grade
Cosmetic Grade
Other
Allophycocyanin

Segment by Application, the Phycobiliprotein market is segmented into
Natural Food Colorant
Dietary Supplement
Cosmetics
Other

Phycobiliprotein market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Phycobiliprotein business, the date to enter into the Phycobiliprotein market, Phycobiliprotein product introduction, recent developments, etc.
The major vendors covered:
DIC Corporation
King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Parry Nutraceuticals
Nan Pao International Biotech
Japan Algae
Wuli Lvqi
Ozone Naturals
Norland Biotech

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Phycobiliprotein markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Phycobiliprotein market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.