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%.
With the huge amount of population, the demand of phycobiliprotein is large in China. But, Chinese manufacturing technology is still not mature. With the expansion of investment, phycobiliprotein industry will usher in a huge growth space.
According to this study, over the next five years the Phycobiliprotein market will register a 23.9% CAGR in terms of revenue, the global market size will reach US$ 110 million by 2024, from US$ 30 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Phycobiliprotein business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Phycobiliprotein market by product type, application, key manufacturers and key regions and countries.
This study considers the Phycobiliprotein value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Cosmetic Grade
Other
Allophycocyanin
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Natural Food Colorant
Dietary Supplement
Cosmetics
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DIC Corporation
King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Parry Nutraceuticals
Nan Pao International Biotech
Japan Algae
Wuli Lvqi
Ozone Naturals
Norland Biotech
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Phycobiliprotein consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Phycobiliprotein market by identifying its various subsegments.
Focuses on the key global Phycobiliprotein manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Phycobiliprotein with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Phycobiliprotein submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Phycobiliprotein . Industry analysis & Market Report on Phycobiliprotein is a syndicated market report, published as Global Phycobiliprotein Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Phycobiliprotein market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.