Phycoerythrin Market
Phycoerythrin Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Phycoerythrin Market Size and Growth
The phycoerythrin market is experiencing significant growth, driven by rising demand in biotechnology and nutraceutical sectors. In 2023, the market size is estimated to reach approximately $300 million, with projections indicating continued expansion due to increased applications in health supplements, cosmetics, and food industries. Competitive innovations play a crucial role in market dynamics.
Companies Covered
(Covid 19 Impact Covered)
◍ 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
The phycoerythrin market features key players like Thermo Fisher Scientific and Sigma-Aldrich, which supply high-purity phycoerythrin for research and diagnostics. Companies enhance market growth through innovative applications in flow cytometry and as fluorescent labels.
Select revenue figures include:
- Thermo Fisher Scientific: $37 billion
- Sigma-Aldrich: $9 billion
- Jackson ImmunoResearch: $70 million Request Sample Report
Market Segmentation
By Application
Scientific Research
Medical
Cosmetic
Others
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By Product
PE545
R-phycoerythrin
B-phycoerythrin
Others
Market Growth
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$ X Billion USD
