Spirulina Market 2021-Global Healthcare Industry Analysis By COVID-19 Impact on Size, Share, Business, Growth, Trends, Regional and Forecast to 2027

Spirulina Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024 Launch of new food varieties and government initiatives and are key drivers for global spirulina market.

Spirulina is a biomass obtained from cynobacteria and consumed by humans and animals. There are two types of Spirulina includes Arthrospira plantensis and Anthrospira maxima are available which are further processed for various applications. It is used as dietary supplement in the form of capsule, powder, liquid and others. Furthermore, it is also used as food supplement for aquarium, poultry industry and others. So, during the study of Global Spirulina market, we have considered Spirulina product type and consumables to analyze the market.

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Key Players for Global Spirulina Market Reports–
Algaetech International Sdn Bhd
Fuqing King Dnarmsa Spirulina Co. Ltd
Cyanotech Corporation
Sensient Technologies Corporation
DDW The Color House
Chr. Hansen Holding A/S
DIC Corporation
Algene Biotech
Sunrise Nutrachem Group Co. Ltd

Global Spirulina Market Segmentation –

By Product type analysis: Arthrospira plantensis, Anthrospira maxima

By Application type Analysis - Nutraceuticals, Food and Beverages, Cosmetics, Agriculture, Feed, Others

By Formulation Analysis -Powder, Tablet & Capsule, Liquid, Granule & Gelling Agent

By Region:

North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

Key Benefits for Global Spirulina Market Reports –
Global Spirulina market report covers in-depth historical and forecast analysis.
Global Spirulina Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
Global Spirulina Market report helps to identify opportunities in marketplace.
Global Spirulina Market report covers extensive analysis of emerging trends and competitive landscape.

Market Dynamics –

The commercialization and growth of global Spirulina market over the past 10 years have been highly impactful. Growing awareness among people about the health benefits of Spirulina and natural colors produces from Spirulina is the major factors supporting the growth of Spirulina market. Furthermore, there are various initiatives taken by the government to support the growth of rural area by providing them decent income from Spirulina production this also fuels the Spirulina market. Spirulina comprises of anti-inflammatory, antioxidant properties are which are good for the health. Spirulina is also used for the production of various cosmetics and also used in pharmaceutical industries. However, lower stability of colors produced from Spirulina has lower stability as compared to the synthetic colors which may hamper the growth of Spirulina market.

Regional Analysis –

North America dominates the market with highest market share closely followed by Europe due to increasing demand for natural derived food products. The European government has reduced the daily intake of synthetic colors has also fueled the Spirulina market. Asia Pacific is expected is to experience a rapid growth due to the various government initiatives taken by government in the developing economies to promote the growth of rural areas and provide them better living conditions. In countries like India, China, and others government is promoting the production of Spirulina due to its health benefits. There is also a significant in the aquaculture industry in these regions which is also one of the major factors supporting the growth of Spirulina market over the forecast period. As per Food and Agriculture organization 2018 report the total aquaculture production of 4.43 million tones was valued at US$ 3.5 billion of which carp alone was responsible for as much as 4.18 million tones. So, all the above mentioned factors will support the growth of Spirulina market in the near future.

Table of Content

Chapter – Report Methodology

Research Process

Primary Research

Secondary Research

Market Size Estimates

Data Triangulation

Forecast Model

USP’s of Report

Report Description

Chapter – Global Spirulina Market Overview: Qualitative Analysis

Market Introduction

Executive Summary

Global Spirulina Market Classification

Market Drivers

Market Restraints

Market Opportunity

Spirulina Market: Trends

Porter’s Five Forces Analysis

Bargaining Power of Suppliers

Bargaining Power of Consumers

Threat of New Entrants

Threat of Substitute Product and Services

Competitive Rivalry within the Industry

Market Attractiveness Analysis

Market Attractiveness Analysis by Segmentation

Market Attractiveness Analysis by Region

Chapter – Global Spirulina Market Overview: Quantitative Analysis

Global Spirulina Market Consumption (K Unit), Market Share ( %) and Growth Rate, 2014- 2024

Global Spirulina Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2014- 2024

Chapter – Global Spirulina Market Analysis: by Product Type

Chapter – Global Spirulina Market Analysis: by Application

Continued....

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