Market Overview:
The global phycoerythrin market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for phycoerythrin in various applications such as scientific research, medical, cosmetic and others. Phycoerythrin is a natural pigment present in red algae and is used for various applications such as diagnostics, therapeutics and research. Based on type, PE545 accounted for the largest share of the global phycoerythrin market in 2017. This can be attributed to its superior properties such as brightness, stability against light degradation and solubility which make it suitable for use across a wide range of applications.
Product Definition:
Phycoerythrin is a type of red protein found in photosynthetic cells. It helps to absorb light for photosynthesis.
PE545:
Phycoerythrin is a fluorescent dye that belongs to the class of green-fluorescent proteins. It was discovered in 1999 by Swiss researchers at the University of Basel. The research was supported by CELGENE, a company based in La Jolla, California which later on became part of Thermo Fisher Scientific.
R-phycoerythrin:
R-phycoerythrin is a type of phytoerythrin. It is naturally occurring pigment found in plants and some bacteria. R-phycoerythrin has been the subject of an intense research interest for its potential use as a non-invasive biomarker, owing to its high concentration in plant tissues, especially in leaves and stems during the daylight hours.
Application Insights:
The scientific research segment dominated the global market in terms of revenue share in 2017. This is due to rising R&D investments for developing new products with enhanced performance and efficiency. The medical application segment is expected to witness the fastest growth over the forecast period owing to increasing product usage for diagnosing various diseases such as diabetes, cholesterol, blood disorders, anemia etc. In addition, growing product demand from other applications such as cosmetics and others is expected to drive overall industry growth over the forecast period.
Phycoerythrin has been used extensively in research studies on marine organisms that inhabit coastal waters around Australia since it can be applied directly onto their skin without causing harm or discomfort (in comparison with other methods of bio-application).
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The region is expected to witness a CAGR of XX% over the forecast period on account of rising demand for cosmetic products and pharmaceuticals research applications. In addition, increasing R&D activities by various companies are anticipated to propel product demand in this region.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to rapid economic growth and increasing awareness about phycoerythrin-based products among end users such as farmers, researchers, medical practitioners & healthcare professionals across countries such as China, India Japan Malaysia Philippines Singapore Thailand Vietnam Indonesia Australia New Zealand.
Growth Factors:
- Increasing demand for natural food colorants
- Rising awareness about the health benefits of phycoerythrin
- Growing application of phycoerythrin in functional foods and dietary supplements
- Technological advancements in extraction and purification processes
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Phycoerythrin Market Research Report
By Type
PE545, R-phycoerythrin, B-phycoerythrin, Others
By Application
Scientific Research, Medical, Cosmetic, Others
By Companies
Europa Bioproducts, Sigma-Aldrich, Jackson Immuno Research, Thermo Fisher Scientific, SETA BioMedicals, Binmei Biotechnology, Algapharma Biotech, Phyco-Biotech, Norland Biotech, Columbia Bioscience, Dainippon Ink and Chemicals, AnaSpec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Phycoerythrin Market Report Segments:
The global Phycoerythrin market is segmented on the basis of:
Types
PE545, R-phycoerythrin, B-phycoerythrin, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Scientific Research, Medical, Cosmetic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Europa Bioproducts
- Sigma-Aldrich
- Jackson Immuno Research
- Thermo Fisher Scientific
- SETA BioMedicals
- Binmei Biotechnology
- Algapharma Biotech
- Phyco-Biotech
- Norland Biotech
- Columbia Bioscience
- Dainippon Ink and Chemicals
- AnaSpec
Highlights of The Phycoerythrin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PE545
- R-phycoerythrin
- B-phycoerythrin
- Others
- By Application:
- Scientific Research
- Medical
- Cosmetic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Phycoerythrin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Phycoerythrin is a natural pigment found in many plants. It helps to protect the plant from sunlight and other environmental factors.
Some of the major companies in the phycoerythrin market are Europa Bioproducts, Sigma-Aldrich, Jackson Immuno Research, Thermo Fisher Scientific, SETA BioMedicals, Binmei Biotechnology, Algapharma Biotech, Phyco-Biotech, Norland Biotech, Columbia Bioscience, Dainippon Ink and Chemicals, AnaSpec.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Phycoerythrin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Phycoerythrin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Phycoerythrin Market - Supply Chain
4.5. Global Phycoerythrin Market Forecast
4.5.1. Phycoerythrin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Phycoerythrin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Phycoerythrin Market Absolute $ Opportunity
5. Global Phycoerythrin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Phycoerythrin Market Size and Volume Forecast by Type
5.3.1. PE545
5.3.2. R-phycoerythrin
5.3.3. B-phycoerythrin
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Phycoerythrin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Phycoerythrin Market Size and Volume Forecast by Application
6.3.1. Scientific Research
6.3.2. Medical
6.3.3. Cosmetic
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Phycoerythrin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Phycoerythrin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Phycoerythrin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Phycoerythrin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Phycoerythrin Demand Share Forecast, 2019-2026
9. North America Phycoerythrin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Phycoerythrin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Phycoerythrin Market Size and Volume Forecast by Application
9.4.1. Scientific Research
9.4.2. Medical
9.4.3. Cosmetic
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Phycoerythrin Market Size and Volume Forecast by Type
9.7.1. PE545
9.7.2. R-phycoerythrin
9.7.3. B-phycoerythrin
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Phycoerythrin Demand Share Forecast, 2019-2026
10. Latin America Phycoerythrin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Phycoerythrin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Phycoerythrin Market Size and Volume Forecast by Application
10.4.1. Scientific Research
10.4.2. Medical
10.4.3. Cosmetic
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Phycoerythrin Market Size and Volume Forecast by Type
10.7.1. PE545
10.7.2. R-phycoerythrin
10.7.3. B-phycoerythrin
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Phycoerythrin Demand Share Forecast, 2019-2026
11. Europe Phycoerythrin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Phycoerythrin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Phycoerythrin Market Size and Volume Forecast by Application
11.4.1. Scientific Research
11.4.2. Medical
11.4.3. Cosmetic
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Phycoerythrin Market Size and Volume Forecast by Type
11.7.1. PE545
11.7.2. R-phycoerythrin
11.7.3. B-phycoerythrin
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potetial Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Phycoerythrin Demand Share, 2019-2026
12. Asia Pacific Phycoerythrin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Phycoerythrin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Phycoerythrin Market Size and Volume Forecast by Application
12.4.1. Scientific Research
12.4.2. Medical
12.4.3. Cosmetic
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Phycoerythrin Market Size and Volume Forecast by Type
12.7.1. PE545
12.7.2. R-phycoerythrin
12.7.3. B-phycoerythrin
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Phycoerythrin Demand Share, 2019-2026
13. Middle East & Africa Phycoerythrin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Phycoerythrin Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Phycoerythrin Market Size and Volume Forecast by Application
13.4.1. Scientific Research
13.4.2. Medical
13.4.3. Cosmetic
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Phycoerythrin Market Size and Volume Forecast by Type
13.7.1. PE545
13.7.2. R-phycoerythrin
13.7.3. B-phycoerythrin
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Phycoerythrin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Phycoerythrin Market: Market Share Analysis
14.2. Phycoerythrin Distributors and Customers
14.3. Phycoerythrin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Europa Bioproducts
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sigma-Aldrich
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jackson Immuno Research
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermo Fisher Scientific
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SETA BioMedicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Binmei Biotechnology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Algapharma Biotech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Phyco-Biotech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Norland Biotech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Columbia Bioscience
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dainippon Ink and Chemicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AnaSpec
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
