Spirulina Market Size Worth 170 Mn Revenue at 4.5% CAGR with Promising Growth by 2025 | CBN, Green-A, Spirin, Chenghai Bao ER, Shenliu and SBD

The Global Spirulina Market is valued at 120 million US$ in 2018 is expected to reach 170 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025. Spirulina is a microscopic spiral shaped blue-green vegetable algae which grows in mineral-rich freshwater and saltwater sources. It provides an abundance of protein, vitamins, minerals, trace minerals, essential fatty acids, phytonutrients, and antioxidants.

First, the spirulina industry concentration is high; in the world wide, giant manufacturers mainly distribute in China, India and American. China has a long history and unshakable status in this industry, like DIC, King Dnarmsa, CBN and Green-A, both have perfect products. In China, the manufacturers focus in Yunnan and Shandong province.

Second, as for consumption market, the global market sales were 11336 MT spirulina in 2015, which was much higher than that of 9128 in 2012. Third, the sales market mainly focus on the China, USA, India, Japan and Europe etc. region. In 2013, the U.S. Food and Drug Administration approved the use of phycocyanin as a natural colorant in food and beverage products. Since then, demand has risen dramatically, particularly in the Americas and Europe. In 2016, China was the leader consumption region with the sales market share of 45.70%. USA was the second sales market with sales share 22.75% in 2016.

Fourth, the price of spirulina was decreasing from 2012 to 2016, increased since 2017; also the gross margin decreased. It is expect that the price is also decreasing in future. The gross margin is about 12%-17% in 2015, while the global average spirulina price is about 10804 USD/MT in 2017.

Fifth, this industry is affected by the economy and policy, so it’s important to put an eye on economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to health, especially in developed regions that have a large population and fast economic growth, the need of spirulina will increase.

Sixth, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

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This report focuses on Spirulina volume and value at global level, regional level and company level. From a global perspective, this report represents overall Spirulina market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

DIC

Cyanotech

Parry Nutraceuticals

Hydrolina Biotech

King Dnarmsa

CBN

Green-A

Spirin

Chenghai Bao ER

Shenliu

SBD

Lanbao

Tianjian

Wuli Lvqi

Gangfa

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Spirulina Powder

Spirulina Tablet

Spirulina Extracts

Segment by Application

Health Products

Feed

Others

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Table of Contents:

Executive  Summary

1  Spirulina  Market  Overview

        1.1  Product  Overview  and  Scope  of  Spirulina

        1.2  Spirulina  Segment  by  Type

                1.2.1  Global  Spirulina  Production  Growth  Rate  Comparison  by  Type  (2014-2025)

                1.2.2  Spirulina  Powder

                1.2.3  Spirulina  Tablet

                1.2.4  Spirulina  Extracts

        1.3  Spirulina  Segment  by  Application

                1.3.1  Spirulina  Consumption  Comparison  by  Application  (2014-2025)

                1.3.2  Health  Products

                1.3.3  Feed

                1.3.4  Others

        1.3  Global  Spirulina  Market  by  Region

                1.3.1  Global  Spirulina  Market  Size  Region

                1.3.2  North  America  Status  and  Prospect  (2014-2025)

                1.3.3  Europe  Status  and  Prospect  (2014-2025)

                1.3.4  China  Status  and  Prospect  (2014-2025)

                1.3.5  Japan  Status  and  Prospect  (2014-2025)

                1.3.6  Southeast  Asia  Status  and  Prospect  (2014-2025)

                1.3.7  India  Status  and  Prospect  (2014-2025)

        1.4  Global  Spirulina  Market  Size

                1.4.1  Global  Spirulina  Revenue  (2014-2025)

                1.4.2  Global  Spirulina  Production  (2014-2025)

2  Global  Spirulina  Market  Competition  by  Manufacturers

        2.1  Global  Spirulina  Production  Market  Share  by  Manufacturers  (2014-2019)

        2.2  Global  Spirulina  Revenue  Share  by  Manufacturers  (2014-2019)

        2.3  Global  Spirulina  Average  Price  by  Manufacturers  (2014-2019)

        2.4  Manufacturers  Spirulina  Production  Sites,  Area  Served,  Product  Types

        2.5  Spirulina  Market  Competitive  Situation  and  Trends

                2.5.1  Spirulina  Market  Concentration  Rate

                2.5.2  Spirulina  Market  Share  of  Top  3  and  Top  5  Manufacturers

                2.5.3  Mergers  &  Acquisitions,  Expansion

3  Global  Spirulina  Production  Market  Share  by  Regions

        3.1  Global  Spirulina  Production  Market  Share  by  Regions

        3.2  Global  Spirulina  Revenue  Market  Share  by  Regions  (2014-2019)

        3.3  Global  Spirulina  Production,  Revenue,  Price  and  Gross  Margin  (2014-2019)

        3.4  North  America  Spirulina  Production

                3.4.1  North  America  Spirulina  Production  Growth  Rate  (2014-2019)

                3.4.2  North  America  Spirulina  Production,  Revenue,  Price  and  Gross  Margin  (2014-2019)

        3.5  Europe  Spirulina  Production

                3.5.1  Europe  Spirulina  Production  Growth  Rate  (2014-2019)

                3.5.2  Europe  Spirulina  Production,  Revenue,  Price  and  Gross  Margin  (2014-2019)

        3.6  China  Spirulina  Production  (2014-2019)

                3.6.1  China  Spirulina  Production  Growth  Rate  (2014-2019)

                3.6.2  China  Spirulina  Production,  Revenue,  Price  and  Gross  Margin  (2014-2019)

        3.7  Japan  Spirulina  Production  (2014-2019)

                3.7.1  Japan  Spirulina  Production  Growth  Rate  (2014-2019)

                3.7.2  Japan  Spirulina  Production,  Revenue,  Price  and  Gross  Margin  (2014-2019)

4  Global  Spirulina  Consumption  by  Regions

        4.1  Global  Spirulina  Consumption  by  Regions

        4.2  North  America  Spirulina  Consumption  (2014-2019)

        4.3  Europe  Spirulina  Consumption  (2014-2019)

        4.4  China  Spirulina  Consumption  (2014-2019)

        4.5  Japan  Spirulina  Consumption  (2014-2019)

TOC Continued….!

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