Overview
Spirulina is a great addition to any diet and contains a wide variety of nutrients including proteins, carbohydrates, vitamins, and minerals that are needed for the overall health of the body. Spirulina contains a very high nutritional content, making it a great dietary supplement even for those on vegetarian or vegan menus. Preliminary studies suggest that spirulina can help regulate the immune system, as well as having anti-viral properties. The global spirulina market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global spirulina market is expected to witness significant growth during the forecast period, owing to increasing demand for clean label products.
Market Drivers
Increasing prevalence of malnutrition in emerging regions namely Asia and Africa is expected to drive growth of the global spirulina market during the forecast period. According to the World Health Organization (WHO), around 47 million children aged 5 years and below are wasted, while 14.3 million are severely wasted and 144 million are stunted. Wasted in nutrition refers to low weight-for-height, while stunted is defined as impaired growth and development due to poor nutrition. Spirulina is used as a dietary supplement or whole food with numerous nutritional benefits including power antioxidants, reducing blood pressure, high protein content, and rich with minerals and vitamins. Thus, these factors are expected to drive growth of the global spirulina market during the forecast period. Furthermore, increasing demand for clean label products is expected to boost the global spirulina market growth over the forecast period.
Market Restraint
Stringent government regulations and lower stability of natural colors derived from spirulina are expected to hamper the global spirulina market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global spirulina market during the forecast period. This is owing to increasing demand for naturally-derived food coloring agents across the region. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to rapid growth of the food processing industry in the region.
Competitive Section
Key companies operating in the global spirulina market are GNC Holdings, Inc., Far East Bio-Tec Co. Ltd., Now Health Group Inc., Fraken Biochem Co., Ltd., and Fuqing King Dnarmsa Spirulina Co.
For instance, in June 2020, DIC Corporation, a subsidiary of DIC Lifetec Co. Ltd., launched a liquid version of its Linablue, naturally-derived blue food coloring from spirulina.
Key features of the study:
- This report provides in-depth analysis of the spirulina market and provides market size (US$ Mn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017–2025)
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global spirulina market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
- The global spirulina market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical devices companies, new entrants, and financial analysts
- Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the spirulina market
Detailed Segmentation
Global Spirulina Market, By Form
Powder
Tablets / Capsules
Liquid
Granules
Global Spirulina Market, By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
Global Spirulina Market, By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Global Spirulina Market, By Geography:
North America
U.S.
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Canada
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Europe
UK
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Germany
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Italy
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
France
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Spain
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Russia
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Rest of Europe
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Asia Pacific
China
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
India
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Japan
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
ASEAN
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Australia
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
South Korea
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Rest of Asia Pacific
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Latin America
Brazil
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Argentina
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Rest of Latin America
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Africa
Northern Africa
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Central Africa
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
South Africa
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Middle East
GCC
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Israel
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Rest of Middle-East
By Form
Powder
Tablets / Capsules
Liquid
Granules
By Composition
Protein
Carbohydrates
Minerals
Lipids
Others
By End-use Industry
Food and Beverages
Nutraceuticals
Cosmetics & Personal Care
Feed
Pharmaceuticals
Others
Company Profiles
Sensient Technologies Corporation*
Company Overview
Product Portfolio
Market Presence
Financial Overview
Key Developments
Strategies
Algaetech International Sdn Bhd
DDW The Color House
Algene Biotech
Chr. Hansen Holding A/S
Cyanotech Corporation
DIC Corporation
Fuqing King Dnarmsa Spirulina Co. Ltd.
Sunrise Nutrachem Group Co. Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
Table of Content
1. Research Objective and Assumptions
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
? Market Definition and Scope
o Executive Summary
? Market Snippet, By Form
? Market Snippet, By Composition
? Market Snippet, By End-use Industry
? Market Snippet, By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
? Drivers
? Restraints
? Market Opportunities
? Regulatory Scenario
? Industry Trend
? Merger and Acquisitions
? New Composition Approvals/Launch
? Promotion and Marketing Initiatives
o Cost Tier Down Analysis
4. Global Spirulina Market, By Form, 2016- 2025, (US$ Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, 2016 - 2025
? Segment Trends
o Powder
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Tablets/ Capsules
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Liquid
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Granules
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
5. Global Spirulina Market, By Composition, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, 2016 - 2025
? Segment Trends
o Protein
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Carbohydrates
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Minerals
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Lipids
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Others
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
6. Global Spirulina Market, By End-use Industry, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, 2016 - 2025
? Segment Trends
o Food and Beverages
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
? Meat & Poultry
? Bakery
? Confectionary
o Nutraceuticals
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Cosmetics & Personal Care
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Feed
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Pharmaceuticals
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
o Others
? Introduction
? Market Size and Forecast, and Y-o-Y Growth , 2016 - 2025, (US$ Million)
7. Global Spirulina Market, By Region, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, By Region, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, For Regions, 2016 - 2025
o North America
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, By Country, 2016 - 2025
? U.S.
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Canada
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
o Europe
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, By Country, 2016 - 2025
? U.K.
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Germany
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Italy
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? France
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Spain
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Russia
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Rest of Europe
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
o Asia Pacific
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, By Country, 2016 - 2025
? China
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? India
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Japan
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? ASEAN
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Australia
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? South Korea
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Rest of Asia Pacific
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
o Latin America
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, By Country, 2016 - 2025
? Brazil
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Argentina
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Rest of Latin America
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
o Africa
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, By Country, 2016 - 2025
? Northern Africa
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Central Africa
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? South Africa
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
o Middle East
? Market Share Analysis, By Country, 2016 and 2025 (%)
? Y-o-Y Growth Analysis, By Country, 2016 - 2025
? GCC
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Israel
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
? Rest of Middle East
? Country Trends
? Market Size and Forecast, By Form, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By Composition, 2016 - 2025 (US$ Million)
? Market Size and Forecast, By End-use Industry, 2016 - 2025 (US$ Million)
8. Competitive Landscape
o Heat Map Analysis
o Market Share Analysis (3x3 Matrix)
o Company Profiles
? Sensient Technologies Corporation
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Algaetech International Sdn Bhd
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? DDW The Color House
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Algene Biotech
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Chr. Hansen Holding A/S
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Cyanotech Corporation
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? DIC Corporation
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Fuqing King Dnarmsa Spirulina Co. Ltd
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Sunrise Nutrachem Group Co.Ltd
? Company Overview
? Composition Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
o Analyst Views
9. Section
o References
o Research Methodology
o About Us and Sales Contact
* Browse 120 market data tables* and 90 figures* on "Spirulina Market" - Global forecast to 2025.
Request Discount 
Inquire Before Buy
