Spirulina Powder Market Emerging Growth Rate by Global Size, Industry Share & Forecast 2020 | Chr. Hansen Holding A/S, Cyanotech Corporation, DDW The Colour House, DIC Corporation

Spirulina is blue-green microalgae rich in nutrients widely used in the food and beverages industry as a dietary supplement. It is a natural appetite suppressant which helps improve endurance and reduce fatigue. It possesses hypolipidemic and anti-inflammatory properties. Spirulina powder is preferred owing to its high nutritional values. Spirulina is rich in antioxidants and helps in safely reducing inflammation by maintaining the pH of the body. Besides, spirulina powder is also used in the manufacturing of natural colors.

The spirulina powder market is anticipated to grow in the forecast period owing to driving factors such as rising consumer awareness regarding the health benefits of spirulina coupled with the increasing influence of organized retailing. Moreover, the growing popularity of the vegan diet and adoption of herbal ingredients in cosmetic products further boost the spirulina powder market growth. However, lack of availability of spirulina severely restricts the growth of spirulina powder market. Nonetheless, increasing adoption of healthy food in developed countries is likely to showcase growth opportunity for the key players involved in the spirulina powder market during the forecast period.

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Leading Players:

• Chr. Hansen Holding A/S
• Cyanotech Corporation
• DDW The Colour House
• DIC Corporation
• Fuqing King Dnarmsa Spirulina Co., Ltd.
• General Nutrition Corporation
• Naturalin Bio-Resources Co., Ltd
• Naturex S.A.
• NOW Health Group, Inc.
• Sensient Colors LLC

The global spirulina powder market is segmented on the basis of nature, application and sales channel. Based on nature, the market is segmented as organic and conventional. On the basis of the application the market is segmented as food and beverage, dietary supplements, pharmaceuticals, animal and aquaculture feed, cosmetics and personal care and others. The market on the basis of the sales channel, is classified as direct sales and retail sales. The market by the retail sales is further sub-segmented as modern trade, specialty stores, pharmacy and drug stores, online retail and others.

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1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Spirulina Powder Market
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3. The key findings and recommendations highlight crucial progressive industry trends in the Spirulina Powder Market, thereby allowing players across the value chain to develop effective long term strategies
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
7. Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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