Press release
The Spirulina Market to deploy innovation in the next 10 years
Spirulina Market
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/14431
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 spirulina consumption will account for sales of more than 321,000 tons, exhibiting an impressive CAGR of 9.6%
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.
Key Players :
• Chr. Hansen A/S
• Cyanotech Corp.
• DDW Inc.
• DIC Corporation
• Dongtai City Spirulina Bio-Engineering Co., Ltd.
• Fuqing King Dnarmsa Spirulina Co., Ltd.
• GNC Holdings, Inc.
• GNT Holding B.V.
• Now Health Group Inc.
• Sensient Technologies Corp.
• Others
The report reveals that regulatory bodies from around the globe are approving the use of spirulina in production of new food items & beverages. Leading foodmaker The Mars Inc.'s petition for approval of spirulina as a key ingredient in production of new products was conceded by the FDA, garnering attention of other prominent manufacturers of food & beverage products.
Contact Sales for Further Assistance in Purchasing This Report@ https://www.persistencemarketresearch.com/checkout/14431
Furthermore, commercial-scale production of spirulina has also become more feasible due to advent to technological advancements. Cost-effectiveness of such production procedures are guaranteeing higher profit margins for spirulina manufacturers, effectuating a significant rise in entry of new players in the market.
In 2016, sales of nearly 90 thousand tons of spirulina powder was recorded across the globe. Highlighting this, the report reveals that revenues from global sales of powdered spirulina will soar at the highest CAGR of 10.4%. Demand for spirulina in the form of tablets & capsules will also gain traction at a comparatively steady pace.
Based on the applications, more than 250,000 tons of spirulina will be consumed globally for production of nutraceuticals by the end of 2026. Throughout the forecast period, the demand for spirulina will remain high in production of nutraceuticals, followed by food & beverages.
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/14431
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
This release was published on openPR.
Permanent link to this press release:
Copy
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 The Spirulina Market to deploy innovation in the next 10 years here
News-ID: 2932153 • Views: …
More Releases from Persistence Market Research
Libya Baby Diapers and Wipes Market Set to Reach US$ 392.2 Mn by 2033 Says Persi …
The Libya baby diapers and wipes market is projected to expand at a 4.5% compound annual growth rate (CAGR) from 2023 to 2033, reaching an estimated value of US$ 392.2 million by 2033. The market was valued at US$ 242.9 million at the end of 2022.
Request a Sample: https://www.persistencemarketresearch.com/samples/33030
Key Market Drivers
Several factors are underpinning the growth in the Libyan market for baby diapers and wipes:
• Growing awareness of infant hygiene: As…
Foodservice Packaging Market Worth 522.4 Billion by 2032 - Persistence Market Re …
The foodservice packaging market is undergoing significant transformation, driven by evolving consumer preferences, technological innovations, and rising sustainability demands. Foodservice packaging encompasses a wide range of products including containers, trays, cups, lids, bags, and cutlery used across quick-service restaurants, full-service dining, catering, and delivery platforms.
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/22354
As global food consumption habits shift toward convenience and on-the-go…
BOPP for Labels Market to Reach US$ 31.2 Billion by 2032 with 6.1% CAGR, Reports …
The packaging and labelling industry has witnessed significant transformation over the past decade, with brands increasingly seeking materials that are cost-effective, durable, and visually appealing. One material that has gained substantial traction in this context is biaxially oriented polypropylene, commonly known as BOPP. BOPP films are widely recognized for their versatility, excellent printability, and resilience against moisture and chemicals. These characteristics make BOPP an ideal choice for labels across various…
Emulsion Explosives Market to Grow from US$ 2.57 Billion in 2024 to US$ 3.57 Bil …
The global emulsion explosive market has witnessed substantial growth over the past few years, driven by increasing demand from the mining, construction, and infrastructure sectors. Emulsion explosives are considered a safer, more efficient alternative to traditional blasting agents due to their improved performance, water resistance, and enhanced safety profile. Their adoption is growing steadily as industries seek higher productivity, better control, and environmentally safer solutions for blasting operations.
Get a Sample…
More Releases for Spirulina
Global Spirulina Industry Size, Growth, Investment 2025-2032 | NOW Foods, Prolga …
Spirulina Market Size reached US$ 640.56 million in 2024 and is expected to reach US$ 1,205.98 million by 2032, growing with a CAGR of 8.23% during the forecast period 2025-2032.
The Spirulina Market Report by DataM Intelligence delivers comprehensive insights into key market trends, growth drivers, and emerging challenges. With a focus on providing actionable intelligence, DataM Intelligence enables businesses to make informed strategic decisions and maintain a competitive edge. Leveraging…
Spirulina Market Unlocking Value: Industry Insights and Spirulina Market Trends …
In recent years, the Spirulina Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Spirulina Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE…
Organic Spirulina Market Industry Analysis, Growth Forecast 2023 to 2030 | Cyano …
Infinitybusinessinsights.com Shared the report "Organic Spirulina Market" which is Analysed based on various regions such as North America, Europe, Asia-Pacific & LAMEA, including different countries in each region. The report will assist reader with better understanding and decision making.
In 2022, the size of the worldwide Organic Spirulina Market was estimated to be worth USD 305 million. The market is projected to continue expanding between 2023 and 2030, with a compound…
Organic Spirulina Market : Comprehensive Analysis of Latest Research| Key Player …
Global Organic Spirulina Market Overview:
The Organic Spirulina market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Organic Spirulina market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth has created both…
Spirulina Market Key Players: Kapiva, Gandalf Spirulina, Vitality Products Inc., …
A fresh report titled “Spirulina Market - By Type (Arthrospira Platensis, Arthrospira Maxima), By Application (Cosmetics, Nutraceuticals, Food & Beverage, Animal Feed, Others), By Form (Capsules, Powder and Others) By Distribution Channel (Online Stores and Offline Stores) & Global Region - Market Size, Trends, Opportunity, Forecast 2018-2024” has been presented Fast.MR. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The…
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…
