Spirulina Market On Position to Reach $779 Million by 2026
Spirulina is a filamentous and microscopic cyanobacterium and the name is derived from its spiral or helical filamentous structure. This alga has been used as a source of protein and vitamin supplement in humans without any significant side-effects. It has high content of protein of more than 70% along with vitamins, provitamin A, and minerals, especially iron. Spirulina comprises high anti-oxidant, hypolipidemic, beta-carotene, and anti-inflammatory properties. Owing to exceptional properties, spirulina offers health benefits including reduced cholesterol and blood pressure.
Click Here To Access Free Sample Report: https://www.alliedmarketresearch.com/request-sample/4222
The global spirulina market size has witnessed significant growth in the past few years. The growth in awareness regarding the health benefits of spirulina superfood among consumers and a wide variety of natural colors produced by spirulina contribute toward the market growth. In addition, government of countries such as India and South Africa is promoting the production of spirulina considering its health benefits, which is further expected to boost the spirulina market growth during the forecast period. However, lower stability and poor sustainability of natural colors derived from spirulina as compared to synthetic colors and stringent government regulations are projected to hamper the market growth during the forecast period. Conversely, untapped markets in the developing countries are expected to offer remunerative opportunities for the market players in the near future.
Among the different application where spirulina can be used, nutraceuticals sector accounts for the substantial market share and is estimated to lead the overall market in the coming years. This is attributable to the rise in concern regarding nutrition and health and increase in preference for natural alternatives to traditional pharmaceutical products. Spirulina is also largely used in food & beverage sector as it has a high content of natural pigments that impart blue color and is combined with other colors to obtain new customized colors such as lavender, violet, and green. Spirulina also finds its major application in the cosmetic & personal care industry. It is mainly used in cosmetic & personal care products especially for the anti-aging cream.
North America is expected to remain dominant throughout the forecast period due to its well-developed healthcare industry, presence of leading manufacturers in the region, high adoption rate of spirulina, and increase in demand for naturally derived food coloring agents in the region. However, Asia-Pacific is expected to experience the highest growth rate during the forecast period, as it offers lucrative opportunities for the market players due to significant growth of the food processing industry in the region.
The report provides a comprehensive analysis of the key players operating in the global Spirulina market, namely, Advanced Spirulina, Inc., CAS Medical Systems, Inc., Compumedics Ltd., General Electric Company (GE Healthcare), Koninklijke Philips N.V. (Philips Healthcare), Medtronic Plc., Natus Medical Incorporated, Neural Analytics, Inc., and Siemens AG.
The other players in the value chain include GNC Holdings, Inc., Now Health Group Inc, Fuqing King Dnarmsa Spirulina Co., Fraken Biochem Co., Ltd., and Far East Bio-Tec Co. Ltd.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/4222
Key Findings of the Spirulina Market :
o Based on type, the Arthrospira Maxima segment is expected to experience rapid growth in the market and is projected to grow from 2019 to 2026.
o Depending on application, the Nutraceuticals segment holds the highest share in 2018, and is anticipated to continue this trend during the forecast period.
o By drug formulation, the powder segment was the major revenue contributor in 2018, and is anticipated to continue this trend during the forecast period.
o U.S. generated the highest revenue in the global spirulina market in 2018, accounting for more than one fourth of the global market in 2018.
o Asia-Pacific region is estimated to grow at the highest CAGR during the forecast period.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on LinkedIn:https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Spirulina Market On Position to Reach $779 Million by 2026 here
News-ID: 2011612 • Views: 172
More Releases from Allied Market Research
Chemical Intermediates Market : Latest Market Trends & Forecast are being Done a …
Allied Market Research published a new report, titled, Chemical Intermediates Market: Global Opportunity Analysis and Industry Forecast, 2020–2027. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to
Infant Sling Market 2020 Detailed Analysis, Size Estimates, Share, Trends, Key P …
Infant sling is a baby care product, designed to hold and carry the baby on one’s chest or back. Infant slings are made from soft fabric that holds the baby. This product is designed for durability, safety, and comfort level of infants. Infant Slings are also known as Baby-Wearing. They provide mobility and convenience especially when pushing a stroller is not a choice. Also, it enables the care giver to
Cable Conduit Systems Market: Growing Demand for Safer and Secure Wiring Systems …
Allied Market Research published a new report, titled, “Cable Conduit Systems Market by Type (Rigid Cable Conduit System, Metallic, Non-Metallic, Flexible Cable Conduit System, Metallic, Non-Metallic), End Use (Manufacturing, Commercial construction, Residential construction, Intelligent transportation systems) - Global Opportunity Analysis and Industry Forecast, 2019-2026.” The research report offers an in-depth analysis of the current market scenario, estimates, revolving aspects, and dynamic forces of the industry from 2019 to 2026 to identify
Smart Exoskeleton Market Applications, Trends, and Investment Opportunities | Ma …
Allied Market Research published a new report, titled, “Smart Exoskeleton Market by Component (Sensors, Actuators, Power Source, Control System, and Others), Type (Soft Exoskeleton and Rigid Exoskeleton), Body Part (Upper Body, Lower Body, and Full Body) and Application (Industrial, Healthcare, Military, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026.” The research report offers an in-depth analysis of the current market scenario, estimates, revolving aspects, and dynamic forces of the industry
More Releases for Spirulina
Spirulina: The Greatest Super Food On Earth?
Spirulina has been used as food for centuries by different populations and rediscovered in recent years. Its impressive protein content and rapid growth in the entirely mineral environment have attracted the attention of both researchers and industrialists alike. As a part of more detailed analysis, a number of features of particular interest from the nutritional standpoint have been demonstrated: a balanced protein composition, the presence of rare essential lipids, and
Global Spirulina Market Professional Survey Report 2018
Frank n Raf’s study researches the market size of Spirulina, presents the global Spirulina sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Spirulina in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of
Spirulina Market Dynamics-New applications of Spirulina will create a robust dem …
Growing awareness about nutritional benefits of spirulina serves as a key driver for the market’s growth. Scientifically proven, spirulina contains the highest amount of proteins found in any naturally-cultivated food ingredient in the world. In the years to come, spirulina will continue to be in great demand across several regions in the world. Persistence Market Research’s report, titled “Spirulina Market: Global Industry Analysis and Forecast, 2016-2026,” projects that North America
Spirulina Powder Market - Competitive Dynamics Outlook 2025
Global Spirulina Powder Market: Snapshot Commonly known as pond scum spirulina powder actually tastes like pond scum too. Despite it, it is much sought after, reason being it is a superfood packed with protein, B-vitamins, antioxidants, and other nutrients. If harvested in the right manner from non-contaminated water bodies such as ponds, it can prove to be one of the most potent nutrient sources available. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3161
Spirulina Powder Market aforementioned Pace of 2025
Global Spirulina Powder Market: Snapshot Commonly known as pond scum spirulina powder actually tastes like pond scum too. Despite it, it is much sought after, reason being it is a superfood packed with protein, B-vitamins, antioxidants, and other nutrients. If harvested in the right manner from non-contaminated water bodies such as ponds, it can prove to be one of the most potent nutrient sources available. It is mainly comprised of protein and
Spirulina Market Estimated to Flourish by 2026
According to Persistence Market Research, Over 128,000 tons of spirulina was globally consumed in 2016, revenues from which touched US$ 718.7 Mn Increasing applications of spirulina as a core ingredient in production of food & beverages, animal feed and nutraceuticals will continue instrumenting the growth of global spirulina market By the end of 2026, the global spirulina market will have soared at 10% CAGR to reach US$ 1,855.8 Mn value Through 2026, the global