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