Spirulina Market

Global Spirulina Market By Type (Arthrospira Platensis and Arthrospira Maxima), By Application (Nutraceuticals, Cosmetics, Food and Beverages, Animal Feed and Other Applications), By Drug Formulation (Powder, Tablet & Capsule, Liquid and Granule & Gelling Agent)

Report Id: KBV-2546 Publication Date: June-2019 Number of Pages: 198
Special Offering:
Industry Insights | Market Trends
Highest number of Tables | 24/7 Analyst Support

Market Report Description

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.

Spirulina is multicellular, blue-green microalgae which grow naturally in the alkaline waters of lakes, ponds, and rivers in warm countries. These can be harvested and processed and they have a significantly high macro- and micronutrient content. Due to the adoption of spirulina as a protein supplement and as a human health food, the microalgae have gained significant popularity in the human health food industry and across the developing and under-developed countries, where there is a high prevalence of malnutrition. The microalgae can also be utilized as complementary dietary ingredients of feed for poultry and are largely being used as protein and vitamin supplements for fishes.

Global Spirulina Market Size

Spirulina Market Size

Factors such as the introduction of new varieties of natural food colors produced from spirulina, natural health benefits of spirulina superfood, and several government initiatives for facilitating the production of spirulina, are expected to boost the growth of the global spirulina market over the forecast period.

Click Here For Free Insights

Based on Type, the market is segmented into Arthrospira Platensis and Arthrospira Maxima Based on Application, the market is segmented into Nutraceuticals, Cosmetics, Food and Beverages, Animal Feed and Other Applications. The nutraceuticals sector recorded a substantial market share and is anticipated to dominate the global spirulina market over the forecast period. This can be attributed to the growing concern for nutrition and health and an increasing preference for natural alternatives in comparison to traditional pharmaceutical products. Based on Drug Formulation, the market is segmented into Powder, Tablet & Capsule, Liquid and Granule & Gelling Agent. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

Global Spirulina Market Share

Spirulina Market Share

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.

Scope of the Spirulina Market Analysis

Market Segmentation:

By Type

  • Arthrospira Platensis
  • Arthrospira Maxima

By Application

  • Nutraceuticals
  • Cosmetics
  • Food and Beverages
  • Animal Feed
  • Other Applications

By Drug Formulation

  • Powder
  • Tablet & Capsule
  • Liquid
  • Granule & Gelling Agent

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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.
  • Sunrise Nutrachem Group Co. Ltd.
Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo