According to a new report Global Spirulina Market, published by KBV Research, The Global Spirulina Market size is expected to reach $651 Million by 2025, rising at a market growth of 10.6% CAGR during the forecast period.
The North America market dominated the Global Arthrospira Platensis Market by Region in 2018, growing at a CAGR of 8.5 % during the forecast period. The Europe market is expected to witness a CAGR of 8.7% during (2019 - 2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 10.6% during (2019 - 2025).
The Nutraceuticals market dominated the Global Spirulina Market by Application in 2018, growing at a CAGR of 9.7 % during the forecast period. The Cosmetics market is expected to witness a CAGR of 12.8% during (2019 - 2025).
The Powder market dominated the Global Spirulina Market by Drug Formulation in 2018, growing at a CAGR of 9.9 % during the forecast period. The Tablet & Capsule market is expected to witness highest CAGR of 10.1% during (2019 - 2025).
Full Report: https://www.kbvresearch.com/spirulina-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cyanotech Corporation, DIC Corporation, Chr. Hansen Holding A/S, Algenol, LLC, Prolgae Spirulina Supplies Pvt. Ltd., Sensient Technologies Corporation, DDW, Inc., GNC Holdings, Inc., NOW Foods, Inc. and Sunrise Nutrachem Group Co. Ltd.
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