Press release
Spirulina Market Poised to Reach $1.1 Billion by 2030
Meticulous Research®, a global leader in market research, unveils a comprehensive study under the title, 'Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverage, Animal Feed, Cosmetics, Agriculture) - Global Forecast to 2030.'
Download Sample Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5070
Projections indicate that the spirulina market is poised to achieve a noteworthy valuation of $1.1 billion by the year 2030, exhibiting a commendable Compound Annual Growth Rate (CAGR) of 9.4% from 2023 to 2030 in terms of value. In parallel, the market volume is anticipated to reach 102,381.3 tons by 2030, registering an 8% CAGR from 2023 to 2030. This remarkable growth trajectory is attributed to the surging health and wellness trends, expanding dietary supplements sector, escalating demand for natural food colors, increasing vegetarianism, and the positive environmental impact associated with spirulina cultivation. Other contributing factors include stringent regulations against synthetic colors and flavors, rising preference for spirulina-derived products, its growing application in aquaculture, and substantial investments from natural-color manufacturers.
Moreover, the spirulina market presents exciting opportunities for growth, driven by the emergence of novel application areas, heightened demand for phycocyanin, increasing utilization of spirulina in biorefineries, and a surge in demand for fresh/frozen spirulina. Despite these promising prospects, challenges such as low awareness of spirulina benefits, complex production processes for algae products, and the risk of contamination could impede market growth. Notably, the adoption of innovative production technologies, notably photobioreactors, stands out as a key trend in this dynamic market.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/spirulina-market-5070
The segmentation of the spirulina market encompasses product type, distribution channel, application, and geography.
Product Type Segmentation:
• Powder
• Tablets
• Capsules
• Flakes
• Phycocyanin
• Frozen Spirulina
In 2023, the powder segment is poised to dominate the spirulina market, driven by escalating demand from nutraceutical manufacturers due to growing health consciousness among consumers, increased usage of spirulina powder in various food & beverage products, rising popularity of veganism, and the adoption of herbal ingredients in cosmetics.
Concurrently, the phycocyanin segment is anticipated to experience substantial growth, fueled by its increased adoption in the manufacturing of therapeutic and nutritional products, a shift away from synthetic colors, rising demand for natural blue colorants, and notable investments from leading color houses in the phycocyanin space.
Quick Buy - https://www.meticulousresearch.com/Checkout/28400912
Distribution Channel Segmentation:
• Business Channel
• Consumer Channel
In 2023, the business channel is projected to dominate the spirulina market, primarily due to direct bulk purchases by various manufacturers, such as nutraceuticals, food & beverages, and animal feed, for further product development. This segment is expected to witness significant growth throughout the forecast period.
Application Segmentation:
• Nutraceuticals
• Food & Beverage
• Animal Feed
• Cosmetics
• Agriculture
The nutraceuticals segment is expected to command the largest market share in 2023, driven by the flourishing nutraceutical sector, heightened health concerns among aging populations globally, a growing preference for natural alternatives to traditional pharmaceutical products, and increased consumer awareness of the link between nutrition and health.
Speak to our Analysts https://www.meticulousresearch.com/speak-to-analyst/cp_id=5070
Simultaneously, the food & beverage segment is anticipated to witness notable growth, with spirulina gaining widespread acceptance as a food ingredient. Factors such as its availability, sustainable production, high nutritional and bioactive properties, and suitable functional properties contribute to this segment's rapid growth. Approval from the Food and Drug Administration (FDA) for spirulina extract as a natural blue coloring ingredient further propels this trend.
Geographical Segmentation: In 2023, North America is forecasted to lead the spirulina market, attributed to the growing consumer awareness of natural food products, stringent regulations against synthetic colors, rising demand for nutraceuticals, subsidiary growth in industries such as cosmetics and biofertilizers, a preference for natural protein sources, and the presence of key spirulina manufacturers with significant production capacities, especially in the U.S.
Key Players: The spirulina market is vibrant and competitive, featuring key players such as Clos Sainte Aurore (France), Spirulina Viva (Mexico), SPIFORM (France), Spirulina La Capitelle (France), Aurospirul (India), Far East Microalgae Industries, Co., Ltd. (Taiwan), Fuqing King Dnarmsa Spirulina Co., Ltd. (China), DIC Corporation (Japan), E.I.D. - Parry (India) Limited (a subsidiary of M/s. Ambadi Investments Limited) (India), Cyanotech Corporation (U.S.), and many others.
Download Sample Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5070
Related Reports:
1.Europe Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Forecast to 2030 https://www.meticulousresearch.com/product/europe-spirulina-market-5499
2.Asia-Pacific Spirulina Market by Product Type (Powder, Tablets, Capsules, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Forecast to 2030
https://www.meticulousresearch.com/product/asia-pacific-spirulina-market-5575
3. South East Asia Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Cosmetics, Agriculture) - Forecast to 2030 https://www.meticulousresearch.com/product/south-east-asia-spirulina-market-5676
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition. Through our mixed bag of research offerings - syndicated research, custom research, and analyst engagement - we enable smart decision making to enhance business performance for global organizations.
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 Spirulina Market Poised to Reach $1.1 Billion by 2030 here
News-ID: 3379807 • Views: …
More Releases from Meticulous Research®
Certified Organic Agricultural Inputs Market Size, Growth, and Forecast (2025-20 …
The certified organic agricultural inputs market is experiencing strong momentum as global farming shifts toward sustainable and environmentally friendly practices. Valued at USD 5.32 billion in 2025, the market is expected to more than double, reaching USD 14.36 billion by 2032. This growth, at a CAGR of 15.2%, reflects the rising demand for organic food, increasing awareness of the harmful effects of chemical inputs, and government policies favoring organic farming.…
Smart Appliances Market Size, Growth Trends, and Future Outlook (2025-2032)
The global smart appliances market is undergoing rapid transformation, fueled by the rise of smart homes, advancements in Internet of Things (IoT) technologies, and evolving consumer lifestyles. Valued at an estimated USD 43.55 billion in 2025, the market is projected to grow significantly, reaching USD 93.03 billion by 2032. This represents a compound annual growth rate (CAGR) of 11.5% during the forecast period. Smart appliances, once considered luxury items, are…
Water and Wastewater Treatment Market Growth and Future Outlook (2025-2034)
Water and Wastewater Treatment Market Outlook
The global water and wastewater treatment market is undergoing a phase of rapid expansion, driven by population growth, urbanization, industrialization, and environmental concerns. Valued at USD 367.2 billion in 2024, the market is estimated to reach USD 381.8 billion in 2025 and is projected to grow further to USD 651.6 billion by 2034, reflecting a CAGR of 6.1% during the forecast period.
The increasing scarcity of…
Alternative Protein Market Growth: Trends, Innovations, and Future Outlook (2025 …
Alternative Protein Market Outlook
The alternative protein market has emerged as one of the fastest-growing segments within the global food industry. Valued at USD 19.26 billion in 2024, the market is projected to reach USD 21.54 billion in 2025 and is expected to climb further to USD 54.78 billion by 2032, registering a strong CAGR of 14.3% during the forecast period. In terms of volume, the market is anticipated to reach…
More Releases for Channel
Multi Channel Fibre Channel Host Bus Adapter (HBA) Card Market Research Report
Global Info Research's report is a detailed and comprehensive analysis for global Multi Channel Fibre Channel Host Bus Adapter (HBA) Card market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the Multi Channel Fibre Channel Host Bus Adapter (HBA) Card market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that…
FreeCast Expands Spanish Language Offering with Romance Channel and Suspenso Cha …
A partnership with Senseof.Media brings two quality channels to the company's Mis Canales offering.
FreeCast is announcing a partnership with Senseof.Media, bringing two Spanish-language channels to the free service's collection of hundreds of FAST channels. The Romance Channel and Suspenso Channel are now available to all FreeCast users at no additional cost, as part of the company's Mis Canales Spanish language offering.
Two exciting new TV channels are now available, offering a…
Newsroom Channel:
NewsroomChannel.com is a pioneering digital platform committed to delivering timely, reliable, and unbiased news to a global audience. With a focus on journalistic integrity, the channel aims to provide comprehensive coverage across various topics, empowering individuals to stay informed and engaged in today's world.
In addition to our commitment to unbiased reporting, Newsroom Channel also welcomes new writers, columnists, and op-ed contributors. We are dedicated to maintaining a balanced opinion by…
Ronnell Richards Is Named 2023 Channel Influencer Award Winner by Channel Future …
PHOENIX - Feb. 21, 2023 - Ronnell Richards, President & Founder of Business & Bourbon LLC and Ronnell Richards LLC has been named a 2023 Channel Influencer Award winner by Channel Futures.
Ronnell is one of 50 individuals recognized as a thought leader who will impact the direction of the IT and communications indirect sales channel in 2023. He is profiled in a gallery on the Channel Futures…
Data Acquisition Systems Market Report 2018: Segmentation by Product (Multi-Chan …
Global Data Acquisition Systems market research report provides company profile for BeanAir GmbH, BMC Messsysteme GmbH, BOVIAR SRL, Data Translation, DATEXEL SRL, HBM Test and Measurement, HGL Dynamics, ACCES I/O Products, Inc, ADLINK TECHNOLOGY, AOIP, AstroNova GmbH, Avisaro AG and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of…
eSentire Channel LeadersRecognized as CRN’s 2016 Women of the Channel
CAMBRIDGE, ONTARIO, May 18, 2016 – eSentire, Inc., a leader in Active Threat Protection solutions, today announced that CRN®, a brand of The Channel Company, namedAlice Hongthong, senior director, channel sales, and Sue Fossnes, senior manager, global channel marketing, to its prestigious 2016 Women of the Channel list.
Women executives comprising this annual list span the Information Technology (IT) channel, representing vendors, distributors, solution providers, and other organizations that figure prominently…
