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Global Spirulina Powder Market Insights and Assessment of Growth Factors Analyzed until the End of 2027
The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Spirulina Powder Market Insights and Assessment of Growth Factors Analyzed until the End of 2027”. The fact based research report on global Spirulina Powder Market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analysed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis on how the metal caps and closures market is expected to develop in the future.To Get Sample Copy of Report Click here @ https://www.mrrse.com/sample/4827
Spirulina powder is finding its way in many products. This is a result of FDA’s approval of the use of Spirulina in food and beverage products. The demand for Spirulina has started surging, and companies are now producing various types of products made from Spirulina. Spirulina has found applications in many industries such as food, beverages, cosmetics and spa treatments, animal feed, pet food and nutraceuticals. Most of the new products released in the market in the past two years are in the food and beverage industry. According to this research report, in terms of application, the dietary supplements and pharmaceuticals segment leads the global spirulina market with a market valuation of over US$ 380 Mn by the end of 2027. However, the food and beverages segment is projected to witness a higher growth rate. The food and beverages segment is anticipated to register a CAGR of 6.9% during the forecast period 2018-2027.
There are a lot of natural health benefits associated with spirulina. Spirulina possesses anti-oxidant, hypolipidemic and anti-inflammatory properties, which is helping the global spirulina powder market witness a high growth in demand among food products, beverages as well as in the cosmetics industry. Antioxidants protect the body from damage caused by harmful molecules (free radicals) and this improves the health of a person. Spirulina also consists of Vitamin A, C and E and Beta-carotene in large quantities with a minimal quantity of Lutein Zeaxanthin, all of which are antioxidants that help in preventing various diseases and critical medical conditions. Another major property of spirulina is that it prevents cancer. Spirulina has anticancer properties, reduces blood pressure, improves the symptoms of allergic rhinitis, helps in reducing anemia and helps in blood sugar control. Spirulina also helps in the prevention of certain medical conditions such as Alzheimer's disease, macular degeneration and arthritis related conditions.
Browse Complete Report with TOC @ https://www.mrrse.com/spirulina-powder-market
Other than this, various natural colors are also produced by using spirulina, and much more are currently in the development phase. Spirulina Blue, a natural color produced from green-blue spirulina received approval from the FDA in 2013 and this opened a whole new segment for Spirulina products. Natural blue and green color produced from spirulina is in high demand and has witnessed a strong market growth in the last two years. Many companies such as GNT Holdings B.V., DIC Corporation, DDW Inc., Chr. Hansen Holding A/S and Sentient Technologies Corp. are producing Spirulina Blue, which still seeks more producers due to increasing demand in the market.
Several incidences have occurred recently that are different from regular occurrences and have hence drifted the supply of Spirulina away from customers. Environmental conditions are shifting the food supply to a negative growth, which is causing a widening of the demand-supply gap and creating hurdles in the food safety programmers of various countries. To name a few, in 2014, tornado and flood in China destroyed the Spirulina crop of many North and West China based companies and this affected the global market. The harsh climate affected the supply of spirulina and reduced the revenue of many companies. Such unforeseen natural incidents are expected to negatively impact revenue growth of the global Spirulina powder market.
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