Phycoerythrin is a red fluorescent phycobiliprotein produced by red algae and cyanobacteria to optimize light harvesting in deep or low-light marine environments.
It is one of the most valuable natural fluorescent molecules used in flow cytometry, immunofluorescence, biomedical imaging and diagnostics. Its high purity and spectral properties make it indispensable for advanced life-science tools!
Algae are literally lighting up modern medicine...
Market:
Phycoerythrin Market was valued at USD 3,4 million in the year 2025. The size of this market is expected to increase to USD 5 million by the year 2032, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.
Other sources value the phycoerythrin market at USD 60-66 million between 2023-2031. Overall, this market is still fragmented and poorly standardized.
