Global Pharmaceutical Grade Phycocyanin Market Growth 2025-2031

Global Pharmaceutical Grade Phycocyanin Market Growth 2025-2031

The global Pharmaceutical Grade Phycocyanin market size is predicted to grow from US$ 28.2 million in 2025 to US$ 38.9 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.

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 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%.

LP Information, Inc. (LPI) ' newest research report, the “Pharmaceutical Grade Phycocyanin Industry Forecast” looks at past sales and reviews total world Pharmaceutical Grade Phycocyanin sales in 2024, providing a comprehensive analysis by region and market sector of projected Pharmaceutical Grade Phycocyanin sales for 2025 through 2031. With Pharmaceutical Grade Phycocyanin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pharmaceutical Grade Phycocyanin industry.

This Insight Report provides a comprehensive analysis of the global Pharmaceutical Grade Phycocyanin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pharmaceutical Grade Phycocyanin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pharmaceutical Grade Phycocyanin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pharmaceutical Grade Phycocyanin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pharmaceutical Grade Phycocyanin.

This report presents a comprehensive overview, market shares, and growth opportunities of Pharmaceutical Grade Phycocyanin market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
C Phycocyanin
R Phycocyanin

Segmentation by Application:
Health Care Products
Medicine
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DIC Corporation
Japan Algae
Parry Nutraceuticals
Ozone Naturals
EcoFuel Laboratories
Nan Pao International Biotech
King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Wuli Lvqi

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pharmaceutical Grade Phycocyanin market?

What factors are driving Pharmaceutical Grade Phycocyanin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pharmaceutical Grade Phycocyanin market opportunities vary by end market size?

How does Pharmaceutical Grade Phycocyanin break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.