Press release
Spirulina Dietary Supplements Market to Exhibit a Remarkable CAGR of 5.80% by 2028, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Data Bridge Market Research analyses that the global spirulina dietary supplements market will project a CAGR of 5.80% for the forecast period of 2021-2028. Therefore, the spirulina dietary supplements market value, which was USD 0.3 billion in 2020, will shoot up to USD 0.47 billion by 2028. Increasing personal disposable income, rising awareness about the benefits of spirulina dietary supplements and rise in the demand and application of spirulina dietary supplements by the various end user verticals such as food and beverages, nutraceuticals, feed and pharmaceutical and others are the major factors attributable to the growth of spirulina dietary supplements market.Market Definition:
Spirulina is high in nutritional value and exhibits hypolipidemic, hypoglycemic, and antihypertensive properties. Spirulina contains functional compounds which makes it perfect for a wide range of applications. It is multicellular microalgae which is usually blue-green. Due the its chemical composition, its application especially in food items can tag along a wide range of benefits to the consumer.
Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-spirulina-dietary-supplements-market?Narayan
The major players covered in the spirulina dietary supplements market report are Sensient Technologies Corporation, NOW Foods., Parry Nutraceuticals Limited, NATUREX, Naturalin Bio-Resources Co., Ltd., GNT Group B.V., GNC Holdings, LLC, Fuqing King Dnarmsa Spirulina Co., Ltd., Fraken Biochem Co., Ltd., Far East Bio-Tec Co., Ltd.., ALGAPHARMA BIOTECH CORP.,, Döhler GmbH, DIC CORPORATION, Dongtai City Spirulina Bio-Engineering Co. Ltd., DDW The Color House, Cyanotech Corporation., Chr. Hansen Holding A/S, ALGENOL, Prolgae Spirulina Supplies Pvt. Ltd. and ALGATEC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Competitive Landscape and Spirulina Dietary Supplements Market Share Analysis:
The spirulina dietary supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to spirulina dietary supplements market.
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An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
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