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Phycocyanin-Global Market Insights and Sales Trends 2025
Synopsis
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).
The global Phycocyanin market size is expected to reach US$ 159.9 million by 2029, growing at a CAGR of 15.4% from 2023 to 2029. The market is mainly driven by the significant applications of Phycocyanin in various end use industries. The expanding demands from the Natural Food Colorant and Pharmaceutical Industry, are propelling Phycocyanin market. Food Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cosmetic Grade segment is estimated at % CAGR for the next seven-year period.
DIC, Parry Nutraceuticals, Nan Pao International Biotech, King Dnarmsa Spirulina and Zhejiang Binmei Biotechnology are the top 5 of global Phycocyanin, with about 74% market shares.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Phycocyanin, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Phycocyanin market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Phycocyanin market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Phycocyanin sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Phycocyanin covered in this report include DIC, Japan Algae, Parry Nutraceuticals, Ozone Naturals, EcoFuel Laboratories, Nan Pao International Biotech, King Dnarmsa Spirulina, Zhejiang Binmei Biotechnology and Wuli Lvqi, etc.
The global Phycocyanin market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DIC
Japan Algae
Parry Nutraceuticals
Ozone Naturals
EcoFuel Laboratories
Nan Pao International Biotech
King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Wuli Lvqi
Norland
Global Phycocyanin market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Phycocyanin market, Segment by Type:
Food Grade
Cosmetic Grade
Pharmaceutical Grade
Global Phycocyanin market, by Application
Natural Food Colorant
Pharmaceutical Industry
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Phycocyanin manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Phycocyanin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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).
The global Phycocyanin market size is expected to reach US$ 159.9 million by 2029, growing at a CAGR of 15.4% from 2023 to 2029. The market is mainly driven by the significant applications of Phycocyanin in various end use industries. The expanding demands from the Natural Food Colorant and Pharmaceutical Industry, are propelling Phycocyanin market. Food Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cosmetic Grade segment is estimated at % CAGR for the next seven-year period.
DIC, Parry Nutraceuticals, Nan Pao International Biotech, King Dnarmsa Spirulina and Zhejiang Binmei Biotechnology are the top 5 of global Phycocyanin, with about 74% market shares.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Phycocyanin, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Phycocyanin market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Phycocyanin market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Phycocyanin sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Phycocyanin covered in this report include DIC, Japan Algae, Parry Nutraceuticals, Ozone Naturals, EcoFuel Laboratories, Nan Pao International Biotech, King Dnarmsa Spirulina, Zhejiang Binmei Biotechnology and Wuli Lvqi, etc.
The global Phycocyanin market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DIC
Japan Algae
Parry Nutraceuticals
Ozone Naturals
EcoFuel Laboratories
Nan Pao International Biotech
King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Wuli Lvqi
Norland
Global Phycocyanin market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Phycocyanin market, Segment by Type:
Food Grade
Cosmetic Grade
Pharmaceutical Grade
Global Phycocyanin market, by Application
Natural Food Colorant
Pharmaceutical Industry
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Phycocyanin manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Phycocyanin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Phycocyanin Market Overview
1.1 Phycocyanin Product Overview
1.2 Phycocyanin Market Segment by Type
1.2.1 Food Grade
1.2.2 Cosmetic Grade
1.2.3 Pharmaceutical Grade
1.3 Global Phycocyanin Market Size by Type
1.3.1 Global Phycocyanin Market Size Overview by Type (2018-2029)
1.3.2 Global Phycocyanin Historic Market Size Review by Type (2018-2023)
1.3.3 Global Phycocyanin Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Phycocyanin Sales Breakdown by Type (2018-2023)
1.4.2 Europe Phycocyanin Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Phycocyanin Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Phycocyanin Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Phycocyanin Sales Breakdown by Type (2018-2023)
2 Global Phycocyanin Market Competition by Company
2.1 Global Top Players by Phycocyanin Sales (2018-2023)
2.2 Global Top Players by Phycocyanin Revenue (2018-2023)
2.3 Global Top Players by Phycocyanin Price (2018-2023)
2.4 Global Top Manufacturers Phycocyanin Manufacturing Base Distribution, Sales Area, Product Type
2.5 Phycocyanin Market Competitive Situation and Trends
2.5.1 Phycocyanin Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Phycocyanin Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Phycocyanin as of 2022)
2.7 Date of Key Manufacturers Enter into Phycocyanin Market
2.8 Key Manufacturers Phycocyanin Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Phycocyanin Status and Outlook by Region
3.1 Global Phycocyanin Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Phycocyanin Historic Market Size by Region
3.2.1 Global Phycocyanin Sales in Volume by Region (2018-2023)
3.2.2 Global Phycocyanin Sales in Value by Region (2018-2023)
3.2.3 Global Phycocyanin Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Phycocyanin Forecasted Market Size by Region
3.3.1 Global Phycocyanin Sales in Volume by Region (2024-2029)
3.3.2 Global Phycocyanin Sales in Value by Region (2024-2029)
3.3.3 Global Phycocyanin Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Phycocyanin by Application
4.1 Phycocyanin Market Segment by Application
4.1.1 Natural Food Colorant
4.1.2 Pharmaceutical Industry
4.2 Global Phycocyanin Market Size by Application
4.2.1 Global Phycocyanin Market Size Overview by Application (2018-2029)
4.2.2 Global Phycocyanin Historic Market Size Review by Application (2018-2023)
4.2.3 Global Phycocyanin Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Phycocyanin Sales Breakdown by Application (2018-2023)
4.3.2 Europe Phycocyanin Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Phycocyanin Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Phycocyanin Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Phycocyanin Sales Breakdown by Application (2018-2023)
5 North America Phycocyanin by Country
5.1 North America Phycocyanin Historic Market Size by Country
5.1.1 North America Phycocyanin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Phycocyanin Sales in Volume by Country (2018-2023)
5.1.3 North America Phycocyanin Sales in Value by Country (2018-2023)
5.2 North America Phycocyanin Forecasted Market Size by Country
5.2.1 North America Phycocyanin Sales in Volume by Country (2024-2029)
5.2.2 North America Phycocyanin Sales in Value by Country (2024-2029)
6 Europe Phycocyanin by Country
6.1 Europe Phycocyanin Historic Market Size by Country
6.1.1 Europe Phycocyanin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Phycocyanin Sales in Volume by Country (2018-2023)
6.1.3 Europe Phycocyanin Sales in Value by Country (2018-2023)
6.2 Europe Phycocyanin Forecasted Market Size by Country
6.2.1 Europe Phycocyanin Sales in Volume by Country (2024-2029)
6.2.2 Europe Phycocyanin Sales in Value by Country (2024-2029)
7 Asia-Pacific Phycocyanin by Region
7.1 Asia-Pacific Phycocyanin Historic Market Size by Region
7.1.1 Asia-Pacific Phycocyanin Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Phycocyanin Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Phycocyanin Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Phycocyanin Forecasted Market Size by Region
7.2.1 Asia-Pacific Phycocyanin Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Phycocyanin Sales in Value by Region (2024-2029)
8 Latin America Phycocyanin by Country
8.1 Latin America Phycocyanin Historic Market Size by Country
8.1.1 Latin America Phycocyanin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Phycocyanin Sales in Volume by Country (2018-2023)
8.1.3 Latin America Phycocyanin Sales in Value by Country (2018-2023)
8.2 Latin America Phycocyanin Forecasted Market Size by Country
8.2.1 Latin America Phycocyanin Sales in Volume by Country (2024-2029)
8.2.2 Latin America Phycocyanin Sales in Value by Country (2024-2029)
9 Middle East and Africa Phycocyanin by Country
9.1 Middle East and Africa Phycocyanin Historic Market Size by Country
9.1.1 Middle East and Africa Phycocyanin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Phycocyanin Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Phycocyanin Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Phycocyanin Forecasted Market Size by Country
9.2.1 Middle East and Africa Phycocyanin Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Phycocyanin Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DIC
10.1.1 DIC Company Information
10.1.2 DIC Introduction and Business Overview
10.1.3 DIC Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DIC Phycocyanin Products Offered
10.1.5 DIC Recent Development
10.2 Japan Algae
10.2.1 Japan Algae Company Information
10.2.2 Japan Algae Introduction and Business Overview
10.2.3 Japan Algae Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Japan Algae Phycocyanin Products Offered
10.2.5 Japan Algae Recent Development
10.3 Parry Nutraceuticals
10.3.1 Parry Nutraceuticals Company Information
10.3.2 Parry Nutraceuticals Introduction and Business Overview
10.3.3 Parry Nutraceuticals Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Parry Nutraceuticals Phycocyanin Products Offered
10.3.5 Parry Nutraceuticals Recent Development
10.4 Ozone Naturals
10.4.1 Ozone Naturals Company Information
10.4.2 Ozone Naturals Introduction and Business Overview
10.4.3 Ozone Naturals Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ozone Naturals Phycocyanin Products Offered
10.4.5 Ozone Naturals Recent Development
10.5 EcoFuel Laboratories
10.5.1 EcoFuel Laboratories Company Information
10.5.2 EcoFuel Laboratories Introduction and Business Overview
10.5.3 EcoFuel Laboratories Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.5.4 EcoFuel Laboratories Phycocyanin Products Offered
10.5.5 EcoFuel Laboratories Recent Development
10.6 Nan Pao International Biotech
10.6.1 Nan Pao International Biotech Company Information
10.6.2 Nan Pao International Biotech Introduction and Business Overview
10.6.3 Nan Pao International Biotech Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nan Pao International Biotech Phycocyanin Products Offered
10.6.5 Nan Pao International Biotech Recent Development
10.7 King Dnarmsa Spirulina
10.7.1 King Dnarmsa Spirulina Company Information
10.7.2 King Dnarmsa Spirulina Introduction and Business Overview
10.7.3 King Dnarmsa Spirulina Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.7.4 King Dnarmsa Spirulina Phycocyanin Products Offered
10.7.5 King Dnarmsa Spirulina Recent Development
10.8 Zhejiang Binmei Biotechnology
10.8.1 Zhejiang Binmei Biotechnology Company Information
10.8.2 Zhejiang Binmei Biotechnology Introduction and Business Overview
10.8.3 Zhejiang Binmei Biotechnology Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Zhejiang Binmei Biotechnology Phycocyanin Products Offered
10.8.5 Zhejiang Binmei Biotechnology Recent Development
10.9 Wuli Lvqi
10.9.1 Wuli Lvqi Company Information
10.9.2 Wuli Lvqi Introduction and Business Overview
10.9.3 Wuli Lvqi Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Wuli Lvqi Phycocyanin Products Offered
10.9.5 Wuli Lvqi Recent Development
10.10 Norland
10.10.1 Norland Company Information
10.10.2 Norland Introduction and Business Overview
10.10.3 Norland Phycocyanin Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Norland Phycocyanin Products Offered
10.10.5 Norland Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Phycocyanin Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Phycocyanin Industrial Chain Analysis
11.4 Phycocyanin Market Dynamics
11.4.1 Phycocyanin Industry Trends
11.4.2 Phycocyanin Market Drivers
11.4.3 Phycocyanin Market Challenges
11.4.4 Phycocyanin Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Phycocyanin Distributors
12.3 Phycocyanin Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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