Key Phycocyanin Market Players:
- DIC Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Cyanotech Corporation
- Parry Nutraceuticals
- BASF SE
- GNT Group B.V.
- DDW, The Color House
- Sensient Technologies Corporation
- Naturex S.A.
- Fuqing King Dnarmsa Spirulina Co., Ltd.
- Yunnan Green A Biological Project Co., Ltd.
- Zhejiang Binmei Biotechnology Co., Ltd.
- Nan Pao International Biotech
- Inner Mongolia Rejuve Biotech Co., Ltd.
- Japan Algae Co., Ltd.
- Algatechnologies Ltd.
- C.B.N. Bio-Engineering Co., Ltd
- Far East Microalgae Industries Co., Ltd.
- Taiwan Chlorella Manufacturing & Trading Co.
- Roquette Frères
- AlgaeHealth
The global market is extremely fragmented and competitive, characterized by the presence of established chemical pioneers along with specialized algae cultivators. The leading firms in this industry are deliberately leveraging vertical integration, controlling the supply chain from cultivation to extraction. Capacity expansion through new production facilities and advanced fermentation technologies to increase yield is one of the few strategic initiatives implemented by the international players.
Below is the list of some prominent players operating in the global market:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of the phycocyanin market was over USD 899.6 million.
The market size for the phycocyanin market is projected to reach USD 1,769.3 million by the end of 2035, expanding at a CAGR of 7.5% during the forecast period, i.e., between 2026-2035.
The major players in the market are Cyanotech Corporation, Parry Nutraceuticals, BASF SE, GNT Group B.V., DDW, The Color House, Sensient Technologies Corporation, and others.
In terms of grade, the pharmaceutical grade segment is anticipated to garner the largest market share of 42.4% by 2035 and display lucrative growth opportunities during 2026-2035.
The market in North America is projected to hold the largest market share of 35.5% by the end of 2035 and provide more business opportunities in the future.
