openPR Logo
Press release

Europe Spirulina Market Projected to Reach $156.61 Million Valuation by 2030

02-15-2024 11:23 AM CET | Food & Beverage

Press release from: Meticulous Research®

Europe Spirulina Market Projected to Reach $156.61 Million

Meticulous Research® Unveils Projections for Flourishing Europe Spirulina Market: Set to Surpass $156.61 Million by 2030

Meticulous Research®, a globally renowned market research authority, has released a comprehensive report titled '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.'

Download Free Research Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=5499

In terms of value, the Europe spirulina market is poised to reach an impressive $156.61 million by 2030, reflecting a robust Compound Annual Growth Rate (CAGR) of 13.3% from 2023 to 2030. Simultaneously, the market volume is anticipated to achieve 8,308.8 tons by 2030, exhibiting a commendable CAGR of 7.5% during the same period. The burgeoning growth of this market is fueled by the surge in health and wellness trends, the expanding food supplements industry, escalating demand for natural food colors, positive environmental impact associated with spirulina cultivation, stringent regulations on synthetic colors and flavors, a preference for spirulina-sourced products, and the rising adoption of spirulina in aquaculture.

Moreover, the increasing demand for phycocyanin and growing consumer awareness regarding clean-label products are expected to unlock significant growth opportunities for stakeholders in this market. However, challenges such as low awareness regarding the benefits of spirulina and complexities in algae production act as growth inhibitors. Notably, the adoption of innovative production technologies, specifically photobioreactors, emerges as a prominent trend in this market.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/europe-spirulina-market-5499

Europe Spirulina Market: Comprehensive Insights
The Europe spirulina market is meticulously segmented by product type, distribution channel, application, and geography.

Product Type Dynamics

In 2023, the powder segment is anticipated to dominate the Europe spirulina market, capturing the largest share. This dominance is attributed to the rising demand for spirulina powder among nutraceutical manufacturers driven by growing health consciousness among consumers. Additionally, the increasing incorporation of spirulina powder in various food and beverage products, the popularity of the vegan diet, and the growing use of herbal ingredients in cosmetics contribute to the segment's large market share.

Have Any Query ? Speak To Our Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5499

However, the phycocyanin segment is expected to witness substantial growth during the forecast period. This growth is fueled by increased adoption in the manufacturing of therapeutic and nutritional products, a shift away from synthetic colors, a rising demand for natural blue colorants, and substantial investments in phycocyanin from leading color houses.

Distribution Channel Dynamics

In 2023, the business channel segment is projected to account for the larger share of the Europe spirulina market. This is attributed to the direct procurement of large quantities of spirulina by nutraceutical, food and beverage, and animal feed manufacturers from the business channel. The segment is poised for significant growth during the forecast period.

Application Insights

In 2023, the nutraceuticals segment is expected to hold the largest market share in the Europe spirulina market. This dominance is driven by the flourishing nutraceutical sector, increasing health concerns among the aging population, a growing preference for natural alternatives to traditional pharmaceutical products, and heightened consumer awareness regarding the connection between nutrition and health. The segment is anticipated to experience substantial growth during the forecast period, driven by the rising demand for functional foods and an increased focus on preventive healthcare measures.

Quick Buy: https://www.meticulousresearch.com/Checkout/76029893

Geographic Review

France is projected to account for the largest share of the Europe spirulina market in 2023. The country's growth is propelled by scientific and technological developments in microalgae research for dietary supplements, a heightened awareness among consumers for natural food products, increasing rates of chronic diseases, and stringent regulations against synthetic colors.

Key Players

Key players operating in the Europe spirulina market include DIC Corporation (Japan), E.I.D. - Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited) (India), C.B.N. Bio-Engineering Co., Ltd (China), Givaudan SA (Switzerland), Fuqing King Dnarmsa Spirulina Co., Ltd. China), Zhejiang Binmei Biotechnology Co., Ltd. (China), Cyanotech Corporation (U.S.), JIANGSHAN COMP SPIRULINA CO., LTD (China), TAIWAN WILSON ENTERPRISE INC. (Taiwan), Bluetec Naturals CO., LTD. (China), AlgoSource (France), Far East Microalgae Industries, Co., Ltd. (FEMICO) (Taiwan), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Necton S.A. (Portugal), YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (Yunnan Spirin Biotechnology Co. Ltd) (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Roquette Klötze GmbH & Co. KG (Germany), Tianjin Norland Biotech Co., Ltd (China), Allmicroalgae Natural Products S.A. (Portugal), Qingdao Haizhijiao Biotechnology Co., Ltd (China), BlueBioTech Group (Germany), Aliga Microalgae (Denmark), SPIFORM (France), Vedan Biotechnology Corporation (Taiwan), ALGALIMENTO SL (Spain), Aurospirul (India), Hangzhou OuQi Food co., Ltd. (China), Clos Sainte Aurore (France), Sea & Sun Organic GmbH (Subsidiary of Sea & Sun Technology GmbH) (Germany), Pond Technologies Inc. (Canada), Xi'an Fengzu Biological Technology Co., Ltd.(FZBIOTECH)(China), and Spirulina La capitelle (France).

For further details and a comprehensive market analysis, please refer to the complete report from Meticulous Research®. Download Free Research Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=5499

TOP 10 COMPANIES IN EUROPE SPIRULINA MARKET
https://meticulousblog.org/top-10-companies-in-europe-spirulina-market/

Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Global Forecast to 2030
https://www.meticulousresearch.com/product/spirulina-market-5070

Contact:

Meticulous Market Research Pvt Ltd
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988
CIN- U93000PN2013PTC149455

About Meticulous Research®

Meticulous Research® stands as a frontrunner in delivering unparalleled market intelligence reports, consulting services, and customized solutions. Committed to precision, Meticulous Research® empowers clients to stay ahead in the ever-evolving business landscape.

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 Europe Spirulina Market Projected to Reach $156.61 Million Valuation by 2030 here

News-ID: 3386117 • Views:

More Releases from Meticulous Research®

Direct Air Capture Market: Transforming Carbon Removal for a Net-Zero Future
Direct Air Capture Market: Transforming Carbon Removal for a Net-Zero Future
Introduction The global Direct Air Capture (DAC) market has entered a period of rapid transformation as nations, industries, and corporations intensify their efforts to achieve net-zero emissions. Valued at $136.5 million in 2024, the market is projected to grow significantly, reaching approximately $6.93 billion by 2035. This expansion, driven by a remarkable compound annual growth rate (CAGR) of 43.3% between 2025 and 2035, highlights the growing importance of DAC technologies in
European Direct-to-Consumer Genetic Testing Market Outlook 2025-2035
European Direct-to-Consumer Genetic Testing Market Outlook 2025-2035
Introduction The European direct-to-consumer (DTC) genetic testing market is expanding at a remarkable pace, reflecting rising consumer interest in personalized healthcare and genetic insights. Valued at $464 million in 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 23.3%, reaching nearly $3.78 billion by 2035. This growth underscores how advances in genomic sequencing, combined with increasing health awareness, are reshaping the healthcare and wellness landscape
Peer-to-Peer Energy Trading Platforms Market Outlook 2025-2035
Peer-to-Peer Energy Trading Platforms Market Outlook 2025-2035
Introduction The global peer-to-peer (P2P) energy trading platforms market is undergoing rapid transformation as new technologies reshape how energy is generated, distributed, and traded. Valued at $138 million in 2024, the market is projected to grow significantly, reaching nearly $2.34 billion by 2035. This growth, at a compound annual growth rate (CAGR) of 29.7% from 2025 to 2035, highlights the increasing adoption of decentralized energy solutions and digital platforms that empower
Dermoscopy and Skin Visualization Devices Market Outlook to 2035
Dermoscopy and Skin Visualization Devices Market Outlook to 2035
Introduction The global dermoscopy and skin visualization devices market is entering a phase of rapid transformation, driven by the increasing need for early detection of skin conditions and the rising incidence of skin cancer worldwide. Valued at $1.33 billion in 2024, the market is expected to reach nearly $3.3 billion by 2035, expanding from an estimated $1.43 billion in 2025 at a compound annual growth rate (CAGR) of 8.7% during the

All 5 Releases


More Releases for Europe

2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business. A new report as a Digital Strategy Consulting market that includes a comprehensive analysis
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • McKinsey • The Boston Consulting Group • Bain & Company • Booz & Co. • Roland Berger Europe • Oliver Wyman Europe • A.T. Kearney Europe • Deloitte • Accenture Europe Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB Market segment by Type, the product can be split into • Operations Consultants • Business Strategy Consultants • Investment Consultants • Sales and
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage. The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China. In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This