Phycocyanin is an accessory pigment to chlorophyll. This pigment-protein complex is a part of the light-harvesting phycobiliprotein family, along with allophycocyanin and phycoerythrin. These phycobiliproteins are highly water-soluble and collectively form clusters which stick to the membrane called phycobilisomes. Phycocyanins are mostly found in blue-green algae which are known as cyanobacteria. This pigment is a typical light blue color which absorbs orange and red light within the range of 620 nm. Phycocyanin exhibits an excellent nature in emitting fluorescence near the range at about 650 nm.
Going forward, the global pharmaceutical grade phycocyanin market is anticipated to grow at a solid pace, owing to its major applications in pharmaceutical industry.
Quest for Enhanced Immunity to Boost Global Pharmaceutical Grade Phycocyanin Market
Phycocyanins which are isolated from marine organisms exhibit the characteristics of low toxicity and high efficiency. They are widely used for making food and beverages products such as drinks, confectionery, and dairy products. Phycocyanin is extensively used in producing various natural colors, and cosmetics and personal care products. Phycocyanin found in micro-algae helps in the treatment of various skin problems such as tanning, aging, and pigmentation. Apart from all these, phycocyanin has the potentiality in anti-inflammatory activity, immune enhancement function, anti-oxidative function, liver and kidney protection, and anti-cancer function. Thus, phycocyanins are utilized as a potential drug and play a crucial role in the field of drug research. Such features of phycocyanin are expected to be driving the global pharmaceutical grade phycocyanin market.
Furthermore, phycocyanin can kill cancer cells or block the proliferation of cancer cells, thus shows anti-cancer effect. In the field of oncology, rising demand for blocking tumor cell cycle, growing need for inducing tumor cell apoptosis, and increasing case of deaths due to cancer are believed to be boosting the global pharmaceutical grade phycocyanin market. The latest advances of phycocyanin promises to offer anti-cancer drug.
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Rising Clinical Usage of Phycocyanin Stoke Demand in Pharmaceutical Grade Phycocyanin Market
Phycocyanin can be used as a potential drug in a wide range of diseases. They show various pharmacological effects and are extensively used in a wide array of clinical applications. Rising demand for inhibiting hepatic lipid peroxidation, growing need for scavenging free radicals from damaged nerve cells, and increasing demand for anti-fibrosis drug are expected to boost the global pharmaceutical grade phycocyanin market. Phycocyanin plays an effective anti-cancer role in a various types of cancer such as colon cancer, lung cancer, breast cancer, bone marrow cancer and leukemia. They also enhance disease resistant capacity of the body. Such properties of phycocyanin are believed to fuel the global pharmaceutical grade phycocyanin market.
Soaring Pharmaceutical Industry in North America to Contribute in Market Demand
Geographically, North America is expected to lead the global pharmaceutical grade phycocyanin market as the region has witnessed rapid establishment of pharmaceutical industry. Rising investments in research and development, increasing disposable income, and growing population suffering from cancer could also be responsible for propelling the pharmaceutical grade phycocyanin market in the region.