Spirulina Market Size, Share, Trend, Analysis & Forecast -2030

Global Spirulina Market Research Report: Forecast (2025-2030)

Spirulina Market - By Type (Arthrospira Platensis, Arthrospira Maxima), By Formation (Powder, Tablet, Liquid), By Application (Food & Beverages (Bakery, Confectionery, Other Processed Foods), Dietary... ... sed Foods), Dietary Supplements, Cosmetics & Personal Care, Agriculture), and others Read more

Food & Beverages
May 2023
Pages 195
Report Format: PDF, Excel, PPT

Market Definition

Spirulina is a blue-green algae and is considered a super-food today, principally due to its nutrient-rich profile & extensive application across different sectors. Spirulina exhibits beta carotene, protein, fatty acids, copper, vitamins, & iron and is mainly of two types, viz., Arthrospira Platensis & Arthrospira Maxima.

Market Insights & Analysis: Global Spirulina Market (2025-30)

The Global Spirulina Market size is valued at around USD 848.12 Million in 2024 & is projected to reach USD 1,298 Million by 2030. The market is also estimated to grow at a CAGR of around 8.89% during the forecast period, i.e., 2025-30. The growth of the market is driven primarily by the mounting awareness about the benefits of Spirulina with antioxidants & cleansing properties and its high effectiveness on skin health owing to trace elements like selenium & zinc. Spirulina helps enhance skin firmness & elasticity, owing to its phycocyanin content that helps detoxify & hydrate skin. As a result, its burgeoning demand across the cosmetic & personal care sector is also augmenting the overall market growth.

Report Coverage	Details
Historical Years	2020-23
Base Years	2024
Forecast Years	2025-30
Market Value in 2024	USD 848.12 Million
Market Value in 2030	USD 1,298 Million
CAGR (2025-30)	8.89%
Leading Region	Asia-Pacific
Top Key Players	Algenol Biofuels Inc., Chr. Hansen Holding A/S., Cyanotech Corporation, Dongtai City Spirulina Bio-engineering Co., Fuqing King Dnarmsa Spirulina Co., Ltd., Fraken Biochem Co., Ltd., Naturex S.A., Now Foods, Parry Nutraceuticals Ltd., Prolgae Spirulina Supplies Pvt. Ltd., Sensient Technologies Corporation
Key Report Highlights	Market Dimensions & Projections Pricing Evaluation, Recent Strategic Moves by Companies, Primary Stakeholders, Analysis of Import and Export Trends, Competitive Landscape Assessment, Emerging Opportunities, Market Trends and Indicators

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Moreover, growing concerns over health & fitness among people is another prominent aspect propelling the demand for Spirulina owing to its natural color and benefits like clean labeling, sustainable production, plant-based food products, etc. It, in turn, is instigating the leading market players to develop new & enhanced techniques for the greater extraction of phycocyanins from Spirulina for commercial uses. In addition, other perks like low-cost & high-efficiency biomass production and easy incorporation in beverages & food are also expected to create significant growth prospects for the global market through 2030.

Furthermore, the rising awareness among people about the various health benefits of spirulina for maintaining the immune system and attaining plant & algae protein was another aspect that contributed to the market growth in 2020. Additionally, the paradigm shift of the retail sector and the leading spirulina producers toward online platforms to attract a massive consumer base and expand their reach further led to the significant growth of the global market in the previous few years.

Introduction
1. Product Definition
2. Research Process
3. Market Segmentation
4. Assumptions
Preface
Executive Summary
Impact of Covid-19 on Global Spirulina Market
Global Spirulina Market Trends & Insights
Global Spirulina Market Dynamics
1. Drivers
2. Challenges
Global Spirulina Market Regulations & Policies
Global Spirulina Market Supply Chain Analysis
Global Spirulina Market Hotspots & Opportunities
Global Spirulina Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Type
    1. Arthrospira Platensis
    2. Arthrospira Maxima
  2. By Formation
    1. Powder
    2. Tablet
    3. Liquid
  3. By Application
    1. Food & Beverage
      1. Bakery
      2. Confectionery
      3. Other Processed Foods
    2. Dietary Supplements
    3. Cosmetics & Personal Care
    4. Agriculture
  4. By Region
    1. North America
    2. South America
    3. Europe
    4. Middle East & Africa
    5. Asia-Pacific
  5. By Company
    1. Competition Characteristics
    2. Market Share of Leading Companies, By Revenues
North America Spirulina Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Billion)
2. Market Share & Analysis
  1. By Type
  2. By Formation
  3. By Application
  4. By Country
    1. The US
    2. Canada
    3. Mexico
South America Spirulina Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Billion)
2. Market Share & Analysis
  1. By Type
  2. By Formation
  3. By Application
  4. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
Europe Spirulina Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Billion)
2. Market Share & Analysis
  1. By Type
  2. By Formation
  3. By Application
  4. By Country
    1. Germany
    2. The UK
    3. France
    4. Italy
    5. Spain
    6. Russia
    7. Rest of Europe
Middle East & Africa Spirulina Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Billion)
2. Market Share & Analysis
  1. By Type
  2. By Formation
  3. By Application
  4. By Country
    1. Turkey
    2. Saudi Arabia
    3. South Africa
    4. Rest of Middle East & Africa
Asia-Pacific Spirulina Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Billion)
2. Market Share & Analysis
  1. By Type
  2. By Formation
  3. By Application
  4. By Country
    1. China
    2. India
    3. Japan
    4. Australia
    5. Rest of Asia Pacific
Global Spirulina Market Key Strategic Imperatives for Growth & Success
Competition Outlook
1. Competition Matrix
  1. Brand Specialization
  2. Target Markets
  3. Target End Users
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. Company Profiles
  1. Algenol Biofuels Inc.
  2. Chr. Hansen Holding A/S.
  3. Cyanotech Corporation
  4. Dongtai City Spirulina Bio-engineering Co.
  5. Fuqing King Dnarmsa Spirulina Co., Ltd.
  6. Fraken Biochem Co., Ltd.
  7. Naturex S.A.
  8. Now Foods
  9. Parry Nutraceuticals Ltd.
  10. Prolgae Spirulina Supplies Pvt. Ltd.
  11. Sensient Technologies Corporation
  12. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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