Spirulina Extract Market to Reach US$ YY Million by 2031 at 6.36% CAGR | North America Leads with 38% Share | Key Players: Chr. Hansen, DIC Corp, Cyanotech

The Global Spirulina Extract Market was valued at US$ YY million in 2022 and is projected to reach US$ YY million by 2031, growing at a CAGR of 6.36% during the forecast period 2024-2031. Spirulina extract is produced from the aqueous extraction of the dried biomass of Arthrospira platensis and is rich in phycocyanins, the primary natural blue pigment. Spirulina itself is a nutrient-dense alga cultivated in highly alkaline lakes, where its growth environment minimizes contamination from other microorganisms. The extract is widely used as a natural colorant and functional ingredient across food and beverage applications due to its clean-label profile and high antioxidant value.

Market growth is driven by rising health awareness, increasing demand for natural food colors, and expanding applications across multiple industries. With consumers shifting away from synthetic additives, spirulina extract is increasingly used in dairy products, pet foods, confectionery, and beverages. Continuous innovation in spirulina-based formulations and growing interest in plant-derived ingredients further support market expansion, positioning spirulina extract as a preferred natural solution for both nutritional and color-enhancing purposes.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/spirulina-extract-market?sai-v

The Spirulina Extract Market refers to the industry producing and supplying nutrient-rich extracts derived from spirulina algae for use in food, supplements, cosmetics, and pharmaceuticals.

Key Developments
✅ October 2025: Nutraceutical manufacturers in the U.S. expanded the use of high-purity spirulina extracts in functional beverages and immunity-boosting supplements, driven by growing consumer demand for natural antioxidants.

✅ September 2025: European food producers adopted microencapsulated spirulina extract technologies to enhance color stability in clean-label confectionery and dairy products.

✅ August 2025: Asia-Pacific cosmetic brands introduced new skincare formulations utilizing phycocyanin-rich spirulina extracts for anti-inflammatory and anti-aging benefits.

✅ July 2025: Global algae cultivation companies upgraded photobioreactor systems to improve spirulina biomass yield and lower extraction costs.

✅ May 2025: Biotechnology firms launched solvent-free extraction methods to produce organic-grade spirulina extracts for premium nutraceutical applications.

✅ March 2025: Health-food manufacturers in emerging markets expanded usage of spirulina extracts as natural protein and pigment enhancers in fortified foods.

Mergers & Acquisitions
✅ November 2025: A major European plant-based ingredient supplier acquired an algae biotechnology company specializing in spirulina extract to expand its natural colorant portfolio.

✅ August 2025: A leading nutraceutical company partnered with an Asia-based spirulina cultivation firm to co-develop high-phycocyanin extracts for dietary supplements.

✅ June 2025: A global food ingredient corporation acquired a startup focused on sustainable microalgae extraction technologies to scale production of natural pigments including spirulina-derived phycocyanin.

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. | Now Health Group Inc. | Sensient Technologies Corp. | Parry Nutraceuticals Limited

Key Highlights
Chr. Hansen A/S - Holds a 14.2% share, driven by its strong expertise in natural ingredients, advanced microalgae cultivation technologies, and broad portfolio of high-quality spirulina-based colorants.

Cyanotech Corp. - Holds a 10.7% share, supported by its large-scale algae farms in Hawaii, premium spirulina production capabilities, and strong presence in the nutraceuticals market.

DDW Inc. - Holds a 9.5% share, fueled by its leadership in natural color solutions, expansion into spirulina-derived blue colorants, and strong global distribution network.

DIC Corporation - Holds a 13.8% share, driven by its advanced phycocyanin extraction technologies, large production capacities, and extensive partnerships with food and beverage companies.

Dongtai City Spirulina Bio-Engineering Co., Ltd. - Holds an 8.6% share, supported by extensive spirulina cultivation facilities, strong product quality, and expanding export footprint.

Fuqing King Dnarmsa Spirulina Co., Ltd. - Holds a 7.9% share, fueled by its vertically integrated spirulina production ecosystem and strong market presence in dietary supplements.

GNC Holdings, Inc. - Holds a 6.8% share, driven by its widespread retail presence, strong consumer health product portfolio, and growing demand for spirulina-based supplements.

Now Health Group Inc. - Holds a 5.9% share, supported by its competitive pricing, clean-label nutritional supplements, and expanding global reach.

Sensient Technologies Corp. - Holds an 11.1% share, fueled by its innovations in natural food colorants, including spirulina-derived pigments, and strong adoption across major food brands.

Parry Nutraceuticals Limited - Holds a 5.5% share, driven by its organic spirulina production, sustainable farming practices, and expanding partnerships in global nutraceutical markets.

Purchase this report before year-end and unlock an exclusive 30% discount: https://www.datamintelligence.com/buy-now-page?report=spirulina-extract-market?sai-v
(Purchase 2 or more Reports and get 50% Discount)

Market Drivers
• Increasing demand for natural food colorants and plant-based ingredients in the food and beverage industry.

• Rising consumer preference for clean-label, chemical-free, and nutrient-dense superfoods.

• Growing adoption of spirulina extract in dietary supplements due to its high protein, antioxidant, and anti-inflammatory properties.

• Expanding use of phycocyanin (blue pigment from spirulina) as a natural alternative to synthetic dyes in confectionery, beverages, and cosmetics.

• Rising popularity of vegan and plant-based nutrition boosting consumption of spirulina-based products.

• Increased application of spirulina extract in pharmaceuticals and functional foods for immune support and detoxification.

• Growth in aquaculture and animal feed industries utilizing spirulina extract for improved nutrition and pigmentation.

Industry Developments
• Development of high-purity phycocyanin extraction technologies to improve yield and color stability.

• Expansion of spirulina farming using sustainable and controlled photobioreactor systems.

• Introduction of organic-certified spirulina extracts to meet rising clean-label and eco-friendly product demand.

• Strategic partnerships between nutraceutical companies and algae producers to scale production and distribution.

• Increased R&D investments to enhance shelf-life, stability, and solubility of natural spirulina pigments.

• Adoption of algae cultivation automation and advanced harvesting systems to reduce production costs.

Regional Insights
North America - 38% share: "Driven by strong demand for natural colorants, high adoption of dietary supplements, and expanding clean-label food trends."

Europe - 32% share: "Supported by strict regulations against synthetic colors, rising use of natural pigments in food processing, and growing consumer preference for plant-based nutrition."

Asia Pacific - 22% share: "Fueled by large-scale spirulina production, expanding nutraceutical industry, and increasing use of algae-based ingredients in functional foods."

Latin America - 5% share: "Boosted by rising health awareness, increasing supplement consumption, and gradual adoption of natural food additives."

Middle East & Africa - 3% share: "Driven by growing interest in superfoods, expansion of nutraceutical markets, and rising demand for natural colorants."

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/spirulina-extract-market?sai-v

Key Segments

➥ By Form
Powder
Highly versatile and widely used for blending, formulation, and processing in food, nutraceutical, and pharmaceutical applications due to its stability and long shelf life.

Tablet/Capsule
Convenient dosage forms preferred in supplements and pharmaceuticals, offering accurate dosing, easy consumption, and enhanced consumer compliance.

Liquid
Used for beverages, cosmetic formulations, and pharmaceutical syrups where faster absorption, ease of mixing, and smooth application are required.

Granule
Ideal for instant mixes, fortified foods, feed additives, and certain supplement formats due to better flow properties and improved solubility.

➥ By Application
Food and Beverage
Used as a functional ingredient for fortification, color enhancement, flavor improvement, and nutritional enrichment across various food and drink products.

Cosmetics / Personal Care
Applied in skincare, haircare, and beauty formulations for antioxidant properties, moisturizing effects, and natural color pigmentation.

Animal Feed
Incorporated as a nutritional additive to enhance animal growth, immunity, and overall health.

Pharmaceuticals
Utilized in drug formulations for therapeutic benefits, active ingredient delivery, and manufacturing of health-supporting medications.

Nutraceuticals
A key component in dietary supplements, health enhancers, and wellness products due to its high nutrient and bioactive compound content.

Others
Includes applications in biotechnology, research, agriculture, and specialty formulations requiring high-value functional ingredients.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.