openPR Logo
Press release

Spirulina Powder Market Size, Industry Analysis Report, Regional Outlook - 2024

12-21-2017 10:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: GMI

/ PR Agency: GMI
Spirulina Powder Market Size, Industry Analysis Report,

Spirulina Powder Market size shall witness growth in forecast period owing to its application in food & beverage, medicine and cosmetic industry. Major driver for market is its demand in dietary supplement as well as whole food. Consumption of spirulina powder has grown with increase health conscious consumers and use of healthy food products.

It is rich in vitamin A, B & K, iron, protein and helps in maintaining good health. Number of vegetarians has increased with recent vegan trend that in turn has amplified demand and expected to propel spirulina powder market. Rise in government initiatives to boost production of spirulina and support to local manufacturers has spurred the growth of product.

Ask for Table of Content this report @

These are used to produce natural food colour and with ban on synthetic food colours, its demand has enhanced. Use of herbal ingredients in cosmetic products is on the rise. Spirulina powder has antioxidants, anti-inflammatory and hypolipidemic properties and finds application in hair and skin care products. Their utilization in bio fuel and bio fertilizers industry has further boosted spirulina powder market.

Spirulina are dietary supplement obtained from biomass of cyanobacteria or blue-green algae. Cynobacteria are found in ponds, freshwater lakes and rivers. These are classified into two types namely arthrospira platensis and arthrospira maxima. The algae are rich in protein, vitamins, amino acids and minerals. These are available in powder, flake & tablet form and can be consumed by humans and other animals.

The arthrospira may be used either as dietary supplement or whole food. Further these find application in aquarium, aquaculture and poultry industries as feed supplement. Their demand in healthcare segment has increased for treatment of cancer, cardiovascular diseases, and improving digestive & immune system.

Major factor that restricts growth of spirulina powder market is its availability. Its sources are scarce as these are extracted from fresh water and available in very few regions. Cynobacteria if contaminated produces toxins such as microcystins that may lead to gastrointestinal disturbance and liver damage. Some supplements can contain harmful elements such as lead, mercury and arsenic. Such factors may confine spirulina powder market growth.

Based on application market is classified into food, medicine and cosmetic industry. Food industry has major share owing to its use as dietary supplement and natural colour. Demand for cynobacteria has grown with increase in fitness centres and health clubs as it helps in weight reduction. Its use in breakfast meals, salads, juices, smooties and deserts has inflated due to health benefits. Global supplement industry was valued at USD 132.8 billion and is expected to grow at around 8 % in next five years that in turn may enhance spirulina powder market. Its requirement in medical industry has surged with use in pharmaceutical products and medicines for treatment of various diseases. Skin and hair care industry has seen a rise with its application for treatment of allergies, hair loss, grey hairs, wrinkles and anti-aging.

Based on distribution channel, spirulina powder market is classified into super stores, department stores, grocery and online retailers. The super stores have major share as urban and semi urban population prefer these owing to ease in availability of product. There has been considerable increase in number of stores with major players such as Walmart. Online sales have grown by around 10% with increase in online platforms, discount offers and easy delivery. Department and grocery stores have moderate share owing to their local presence.

North America led by U.S. has key share in global spirulina powder market with growing obesity problems and ageing population. Consumers have shifted towards food supplements as diet alternative. Further, NASA’s (National Aeronautics and Space Administration) ongoing research for its use as primary food in long term space missions has boosted its consumption.

Asia Pacific has substantial share in product market owing to growing awareness about dietary supplements benefit and availability. Its demand is anticipated to enhance with increase in disposable income, use of health care products, and growing vegan population. Europe has moderate share with consumers switching towards a healthy life style. Additionally, European Space Agency (ESA) is working on with NASA research. Latin America and Middle East & Africa have shown substantial growth with rising urban population and increasing retail channels.

Major players of spirulina powder market are NOW Foods, Naturya, Algene Biotech, Earthrise Nutritionals, Bardakci Group, Arwind Enterprise, Penn Herb, Sari Food, AK Biotech to name a few. Companies are launching new products to enhance their share. NOW foods have come up with liquid shots with various flavours to attract customers.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Connect with us: Facebook | Google+ | LinkedIn | Twitter

This release was published on openPR.

Permanent link to this press release:

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 Powder Market Size, Industry Analysis Report, Regional Outlook - 2024 here

News-ID: 871193 • Views: 174

More Releases from GMI

Flight Inspection Market Revenue, Opportunity, Segment and Key Trends (Safran El …
Flight Inspection Market is segmented as commercial airports and defense airports. Increasing defense budgets by major countries in the world drives the demand for defense flight inspection market. Increasing investment in modernization & development of defense airports and use of defense airports for strategic purpose will boost the industry demand. Frequent domestic & international flights and increasing travel for business purpose will increase revenue share from commercial segment. Request For Table
Europe and Asia Pacific also had a substantial share of the diabetic food market …
Diabetic Food Market size will grow at a fast pace in the forecast period. Factors responsible for the product growth are its wide application in the healthcare sector which includes preparation of medical food and insulin, tackling diabetic incidences, and other health issues like digestive disorder & obesity. Increase in aging population and growing consumer awareness about the benefits of healthy food consumption will contribute to the diabetic food market
Changing dietary preferences, strong awareness levels and industry focus could s …
Pea protein market size was 11.5 kilo tons in the year 2015 and is expected to go beyond 33 kilo tons till 2023 with a CAGR of 13.5% between the years 2026 to 2023 as per the study done by Global Market Insights. These rising figures are due to increasing awareness about healthy diets and this is going to expedite the market trend in the coming years. Because of diversity
North America will be dominating the global market. It is the fastest growing ec …
Vegetable Fats Market size will witness a substantial growth, the vegetables fat is considered a fat, which is originated from plant based sources rather than animal based sources. Vegetable fats are used in bakery application, ice cream manufacturing, meat products, dairy products, frying fats and deep, confectionery and infant nutrition. These fats are considered healthy as they are available as unsaturated fat. The food which contains vegetable oil is good

All 5 Releases

More Releases for Spirulina

Spirulina: The Greatest Super Food On Earth?
Spirulina has been used as food for centuries by different populations and rediscovered in recent years. Its impressive protein content and rapid growth in the entirely mineral environment have attracted the attention of both researchers and industrialists alike. As a part of more detailed analysis, a number of features of particular interest from the nutritional standpoint have been demonstrated: a balanced protein composition, the presence of rare essential lipids, and
Global Spirulina Market Professional Survey Report 2018
Frank n Raf’s study researches the market size of Spirulina, presents the global Spirulina sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Spirulina in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of
Spirulina Market Dynamics-New applications of Spirulina will create a robust dem …
Growing awareness about nutritional benefits of spirulina serves as a key driver for the market’s growth. Scientifically proven, spirulina contains the highest amount of proteins found in any naturally-cultivated food ingredient in the world. In the years to come, spirulina will continue to be in great demand across several regions in the world. Persistence Market Research’s report, titled “Spirulina Market: Global Industry Analysis and Forecast, 2016-2026,” projects that North America
Spirulina Powder Market - Competitive Dynamics Outlook 2025
Global Spirulina Powder Market: Snapshot Commonly known as pond scum spirulina powder actually tastes like pond scum too. Despite it, it is much sought after, reason being it is a superfood packed with protein, B-vitamins, antioxidants, and other nutrients. If harvested in the right manner from non-contaminated water bodies such as ponds, it can prove to be one of the most potent nutrient sources available. Request Sample Copy of the Report @
Spirulina Powder Market aforementioned Pace of 2025
Global Spirulina Powder Market: Snapshot Commonly known as pond scum spirulina powder actually tastes like pond scum too. Despite it, it is much sought after, reason being it is a superfood packed with protein, B-vitamins, antioxidants, and other nutrients. If harvested in the right manner from non-contaminated water bodies such as ponds, it can prove to be one of the most potent nutrient sources available. It is mainly comprised of protein and
Spirulina Market Estimated to Flourish 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