Press release
Spirulina Market to reach USD 1077.96 mn by 2029, emerging at a CAGR of 10.6 percent and forecast 2023-2029
Spirulina Market
This report relies on a robust research methodology that combines primary and secondary data sources. It delves into various factors influencing the spirulina industry, including government policies, market conditions, historical data, technological innovations, and more. The data is carefully validated through primary research, and market size estimations are adjusted for factors like inflation, economic fluctuations, and regulatory changes.
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Spirulina Market Dynamics:
The spirulina market is driven by several key dynamics, including:
Health Benefits of Spirulina Superfood
Natural Food Colors Produced from Spirulina
Spirulina in Pharmaceutical Products
Governments Promoting Production of Spirulina
Spirulina-Based Products to Prevent Hunger
Synthetic Colors Usage Banned in EU Countries
Companies Focusing on Spirulina Products
Lower Stability & Poor Sustainability
Spirulina Market Regional Insights:
North America held the largest market share (51% in 2022)
Asia-Pacific expected to experience the fastest CAGR
Europe a significant market due to demand for natural food colors
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Spirulina Market Segmentation:
by Type
ArthrospiraPlatensis
Arthrospira Maxima
by Drug
Formulation Powder
Tablet & Capsule
Liquid
Granule & Gelling Agent
Spirulina Market Key Players:
1. Sensient Technologies Corp.
2. Parry Nutraceuticals Limited
3. GNC Holdings, Inc.
4. Now Health Group Inc.
5. Naturex S.A.
6. Naturalin Bio-Resources Co., Ltd
7. GNT Holding B.V.
8. Fuqing King DnarmsaSpirulina Co., Ltd.
9. FrakenBiochem Co., Ltd.
10. Far East Bio-Tec Co., Ltd.
11. Dongtai City Spirulina Bio-Engineering Co., Ltd.
12. Dhler GmbH
13. DIC Corporation
14. DDW Inc.
15. Cyanotech Corp
16. Chr. Hansen Holding A/S
17. Cabassi & Giuriati SpA
18. Echlorial
19. Givaudan international SA
20. Yunnan Green A Biological Project Co., Ltd
21. Earthrise Nutritionals, Llc
22. Zhejiang Comp Spirulina Co., Ltd.
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Table of content for the Spirulina Market includes:
Global Spirulina Market : Research Methodology
Global Spirulina Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Spirulina Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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