Press release
Spirulina Market Will Amass US$ 1,855.8 Mn by 2026
According to Persistence Market Research,
• Over 128,000 tons of spirulina was globally consumed in 2016, revenues from which touched US$ 718.7 Mn
• Increasing applications of spirulina as a core ingredient in production of food & beverages, animal feed and nutraceuticals will continue instrumenting the growth of global spirulina market
• By the end of 2026, the global spirulina market will have soared at 10% CAGR to reach US$ 1,855.8 Mn value
• Through 2026, the global spirulina consumption will account for sales of more than 321,000 tons, exhibiting an impressive CAGR of 9.6%
US-based companies such as Cyanotech Corp., DDW Inc., Sensient Technologies Corp., GNC Holdings, Inc., Now Health Group Inc. are recognized as some of the leading manufacturers of spirulina in the world. Other key players profiled in the report include, GNT Holdings B.V., Fuqing King Dnarmsa Spirulina Co., Ltd., Dongtai City Spirulina Bio-Engineering Co. Ltd., DIC Corporation, and Chr. Hansen A/S.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/spirulina-market/toc
The report reveals that regulatory bodies from around the globe are approving the use of spirulina in production of new food items & beverages. Leading foodmaker The Mars Inc.’s petition for approval of spirulina as a key ingredient in production of new products was conceded by the FDA, garnering attention of other prominent manufacturers of food & beverage products. Furthermore, commercial-scale production of spirulina has also become more feasible due to advent to technological advancements. Cost-effectiveness of such production procedures are guaranteeing higher profit margins for spirulina manufacturers, effectuating a significant rise in entry of new players in the market.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/14431
In 2016, sales of nearly 90 thousand tons of spirulina powder was recorded across the globe. Highlighting this, the report reveals that revenues from global sales of powdered spirulina will soar at the highest CAGR of 10.4%. Demand for spirulina in the form of tablets & capsules will also gain traction at a comparatively steady pace. Based on the applications, more than 250,000 tons of spirulina will be consumed globally for production of nutraceuticals by the end of 2026. Throughout the forecast period, the demand for spirulina will remain high in production of nutraceuticals, followed by food & beverages.
Buy Now: You can now buy a single user license of the report @ http://www.persistencemarketresearch.com/checkout/14431
The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.
For more information, please e-mail us at sales@persistencemarketresearch.com
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Will Amass US$ 1,855.8 Mn by 2026 here
News-ID: 479185 • Views: …
More Releases from Persistence Market Research
Next Generation Sequencing (NGS) Market Outlook Highlights Strong Expansion at 2 …
The global Next Generation Sequencing (NGS) market is set to witness remarkable expansion in the coming years, with its market size projected to surge from US$ 8.42 billion in 2025 to US$ 33.3 billion by 2032, registering a robust compound annual growth rate (CAGR) of 21.7% during the forecast period. Driven by rapid technological advancements, the rising demand for personalized medicine, and the increasing adoption of genomics in research and…
U.S. Wheat Berries Market to Reach US$11.6 Bn by 2032 Driven by Rising Health & …
The U.S. wheat berries market is projected to experience substantial growth over the coming years, with its market size estimated at US$8.1 billion in 2025. Industry analysis indicates that the market is likely to reach US$11.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2025 to 2032. The growth trajectory is largely driven by increasing consumer awareness regarding nutritional foods, rising…
Gourmet Salts Market Value to Reach US$2,896.2 Mn by 2032 Driven by Food Demand
The Global Gourmet Salts Market is positioned for steady expansion over the forecast period, reflecting evolving consumer preferences, premiumization trends in food and beverages, and increasing demand for natural and specialty ingredients. The market is estimated to reach a valuation of US$ 2,101.9 million in 2025 and is projected to grow to approximately US$ 2,896.2 million by 2032. This growth trajectory represents a compound annual growth rate (CAGR) of 4.7%…
White Mushroom Market valued at US$51.6Bn in 2025 driven by health foods and pla …
The global white mushroom market is entering a phase of sustained and accelerated growth, underpinned by evolving consumer preferences, expanding food processing industries, and increasing recognition of mushrooms as a nutrient-dense and sustainable food source. The market size is likely to be valued at US$51.6 billion in 2025 and is estimated to reach US$97.4 billion by 2032, expanding at a strong compound annual growth rate (CAGR) of 9.5% during the…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
