Spirulina Market was valued at USD 481.46 Million in 2021, and it is expected to reach USD 1077.96 Million by 2029, exhibiting a CAGR of 10.6 % during the forecast period (2022-2029).
Spirulina Market Overview
The Spirulina Market size, market dynamics, strategies, market revenue, pricing analysis, micro and macro market trends and scenarios, and industry benchmarks are all thoroughly described in the industry overview. Market possibilities and barriers are also thoroughly researched by region.
Click For Sample Report: https://www.maximizemarketresearch.com/request-sample/29894
Spirulina Market Report Scope and Research Methodology
The Spirulina Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Spirulina Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Spirulina market. Detailed analysis of external & internal factors impacting the market is covered through PESTEL & PORTER analysis.
The industry's competition, which includes market leaders, imitators, and newcomers, is thoroughly studied. The critical figures arrived at following thorough market engineering and calculations for market statistics—market size estimations, market projections, market breakdown, and data triangulation—were confirmed and verified through extensive primary research. The company's annual reports, articles, paid and free databases, etc. were used to gather the secondary data. The bottom-up approach was used to calculate the size of the regional and global Spirulina markets.
Spirulina Market Segmentation
The global spirulina market is divided into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent based on Drug Formulation. 78% of the spirulina market in 2021 was made up of products in the powder category, which is anticipated to grow at the quickest CAGR of 10.7% over the course of the forecast period. This is mostly due to a growth in demand from makers of nutraceuticals as a result of rising consumer health consciousness and its growing use as an ingredient in a variety of foods and beverages.
The food and beverage, nutraceutical, animal and aquaculture feed, pharmaceutical, veterinary, cosmetic, and others categories make up the worldwide spirulina market. This is brought on by growing awareness of nutrition and health issues, as well as a preference for natural products over conventional pharmaceutical ones. Since spirulina has a high concentration of natural pigments that give it a blue hue and can be combined with other colours to create custom hues like lavender, violet, and green, it is also commonly used in the food and beverage sectors. It is also frequently utilised in the personal care and cosmetics sectors. Additionally, it's primarily used in cosmetic and personal care products, especially anti-aging cream.
For More Information About This Research Please Visit : https://www.maximizemarketresearch.com/request-sample/29894
Spirulina Market Key Players
• Sensient Technologies Corp.
• Parry Nutraceuticals Limited
• Now Health Group Inc.
• Naturex S.A.
• Naturalin Bio-Resources Co., Ltd
• GNT Holding B.V.
• GNC Holdings, Inc.
• Fuqing King DnarmsaSpirulina Co., Ltd.
• FrakenBiochem Co., Ltd.
• Far East Bio-Tec Co., Ltd.
• Dongtai City Spirulina Bio-Engineering Co., Ltd.
• Dhler GmbH
• DIC Corporation
• DDW Inc.
• Cyanotech Corp
• Chr. Hansen Holding A/S
• Cabassi & Giuriati SpA
• Echlorial
• Givaudan international SA
• Yunnan Green A Biological Project Co., Ltd
• Earthrise Nutritionals, Llc
• Zhejiang Comp Spirulina Co., Ltd.
Spirulina Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions.
Table Of Content:
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.2. Secondary data
2.3.3. Secondary Sources
2.3.4. Primary Research
2.3.5. Data from Primary Sources
2.3.6. Breakdown of Primary Sources
3. Executive Summary : Global Spirulina Market, by Market Value (US$ Bn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends in Global Spirulina Market and Emerging Technologies
5. Supply Side and Demand Side Indicators
6. Global Spirulina Market Analysis and Forecast
6.1. Global Spirulina Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
To Request Customization of the Spirulina Market Report, Click Here @ : https://www.maximizemarketresearch.com/request-customization/29894
Key questions answered in the Spirulina Market are:
- What is Spirulina?
- What are the global trends in the Spirulina Market?
- What was the Spirulina Total Market size in 2022?
- What is expected Spirulina Market size by 2029?
- Who held the largest market share in Spirulina Market?
- Who are the leading companies and what are their portfolios in Spirulina Market?
- What are the major challenges that the Spirulina Industry could face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
+91 96071 95908, +91 9607365656
Maximize Market Research has also published the following reports:
Fingerprint Sensors Market : https://www.openpr.com/news/3052086/fingerprint-sensor-market-worth-3-5-bn-in-2021-expected-to-grow
Potassium Iodide Market : https://www.openpr.com/news/3052091/potassium-iodide-market-to-reach-us-1610-67-mn-by-2029-with-7-3
