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Spirulina Market Outlook (2017-2022)

  • Apr, 2017
  • pages: 120
  • formats:* PDF
  • Report ID: MRFB-10426

Product Description

Spirulina Market by form (powder, tablet, capsules, flakes), application (food & beverages, nutraceutical, pharmaceutical, veterinary cosmetic, others)- Global Opportunity Analysis and Industry Forecast (2017 – 2022)

Spirulina is a type of blue-green algae, an incredible superfood that provides a concentrated source of protein, vitamins, antioxidants, and other nutrients. As one of the oldest life forms on earth, the use of spirulina as a food source dates all the way back to 9th century Chad, and it is believed spirulina was used by the Aztecs in 16th-century Mexico. One of the special traits of spirulina is, its rich protein content which is 50 to 70 percent protein, and this is major reason behind the expansion of spirulina market. 

Global Spirulina Market is expected to reach USD 238.3 million by 2022, at a CAGR of 7.1% during the forecast period of 2017 to 2022.

Succeeding an extensive secondary and primary research on spirulina and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, and opportunities listed in the market dynamics segment. Growing demand for natural food colors, increasing vegetarianism, stringent regulations regarding the inclusion of synthetic colors and flavors, and growing malnutrition across the globe are the factors driving the spirulina market. In addition, emergence of new application areas provides significant opportunity in this market. However, low awareness of the benefits of spirulina and challenges associated with the production of spirulina is expected to hinder the growth of the global spirulina market to some extent.

In addition, the research report on the global spirulina market provides a comprehensive analysis of major product segments such as powder, tablet, capsule, and flakes. The report further gives an extensive outlook on the multifarious industries served by the spirulina. Spirulina market is divided on the basis of application into food & beverages, nutraceutical, pharmaceutical, veterinary cosmetic, and others. These segments further briefly talk about the trends impacting the growth of these markets and the market forecast for each segment and sub-segment for the next five years.

An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights for the five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. The geographical analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, and government & private investments. The report identifies North America to be the largest market followed by Europe, Asia Pacific, and Rest of World. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.

spirulina market

The key players operating in the global spirulina market are DIC Lifetech co. ltd., Algene Biotech, Algaetech international sdn bhd, Sunrise Nutrachem group co. ltd., Tianjin Norland Biotech Co., Ltd., Naturya, Guangzhou Endless Biotech Co. Ltd., Synergy Naturals, Cyanotech Corporation, E.I.D. Parry (India) Ltd., FEBICO (Far East Bio-Tec. Co., ltd.), Sanatur, Hydrolina biotech, Fuqing King Dnarmsa Spirulina Co., Ltd.,  Now Foods, Nanjing Zelang Medical Tech. Co., Ltd, Wudi Fengtai Aquaculture Co, Ltd., The All Natural Company, and TAAU Australia Pty Ltd.

 

Key questions answered in the report:

Growing food & beverages and nutraceutical application help to drive the adoption of spirulina

  • How does the penetration of spirulina in food & beverages and nutraceutical application differ from other applications?
  • Which are the high growth market segments in terms of form, and regions/countries for food and beverages?

 

The North American spirulina market favors large providers that compete in multiple segments

  • Who are the top competitors in this market and what strategies do they employ to gain shares?
  • Which segments of spirulina market are expected to offer lucrative revenue growth over the forecast period and why?
  • What strategies should the new companies focus to enter this market and to compete effectively?
  • Who are the major players in various countries and what share of the market do they hold?
  • What are the geographic trends and high growth regions/ countries?

 

Scope of the report

Spirulina Market by form

  • Powder
  • Tablet
  • Capsules
  • Flakes

Spirulina Market by Application

  • Food & beverages
  • Nutraceutical
  • Pharmaceutical
  • Veterinary
  • Cosmetic
  • Others

Spirulina Market by Geography

    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • U.K.
      • Netherlands
      • Italy
      • Rest of Europe (RoE)
    • Asia-Pacific (APAC)
      • China
      • Japan
      • India
      • Rest of APAC (RoAPAC)
      • Latin America
      • Middle East & Africa

Related Press Release:
http://www.meticulousresearch.com/spirulina-market-2022/

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Download Report Details

TABLE OF CONTENT

1 Introduction

1.1 Market Ecosystem
1.2 Report Elucidation
1.3 Research Methodology

1.3.1 Secondary Research
1.3.2 Primary Research
1.3.3 Market Analytics

2 Executive Summary

3. Market Insights

3.1. Introduction
3.2. Drivers

3.2.1. Growing Demand for Natural Food Colours
3.2.2. Growing Vegeterianism
3.2.3. Strict Regulations Regarding the Inclusion of Synthetic Colors and Flavors
3.2.4. Growing Malnutrition

3.3 Restraints

3.3.1. Low Awareness of Benefits Of Spirulina
3.3.2 Complex Production of Algae Products

3.4. Opportunity

3.4.1. Emergence of New Application Areas Provides Significant Opportunity

3.5. Value Chain Analysis

3.5.1. Raw Material Suppliers
3.5.2. List of Distributors

3.6. Spirulina Manufacturing Process Analysis

3.6.1. Cultivation

3.6.1.1. Pond Management
3.6.1.2. Construction of Ponds

3.6.1.2.1. Growth Requirements
3.6.1.2.2. Lab Monitoring

3.6.2. Harvesting
3.6.3. Processing

3.6.3.1. Washing
3.6.3.2. Drying

3.6.3.2.1. Spray Drying
3.6.3.2.2. Freez Drying

3.6.3.3. Sterilization

3.6.4. Packaging

3.7. Raw Material Analysis

3.7.1. Inoculum
3.7.2. Water
3.7.3. Inoculation Nutrients
3.7.4. Pond Cultivation Nutrients

3.8. Pricing Analysis
3.9. Porter’s Five Forces Analysis

4. Spirulina Market, By Form

4.1. Introduction
4.2. Powder
4.3. Tablets
4.4. Capsules
4.5. Flakes

5. Spirulina Market, By Application

5.1. Introduction
5.2. Food And Beverages
5.3. Nutraceuticals
5.4. Pharmaceuticals
5.5. Veterinary
5.6. Cosmetics
5.7. Others

6. Spirulina Market, By Geography

6.1. Introduction
6.2. North America

6.2.1. Key Drivers And Restraints
6.2.2. Growing Demand for Natural Food Colours
6.2.3. Government Initiatives to Promote Algae Research
6.2.4. The Contribution of Funds And Programs in Canada
6.2.5. Key Players
6.2.6. U.S
6.2.7 Canada

6.3. Europe

6.3.1. Major Growth Drivers
6.3.2. Impact of Ban On The Manufacturing and Import Of Synthetic Colours
6.3.3. Complexity of the Regulation of Novel Foods
6.3.4. Availability of Funding To Propel the Market
6.3.5. Expansion of the Leading Companies Such as GNT Group
6.3.6. Key Players
6.3.7 Germany
6.3.8 France
6.3.9 U.K
6.3.10 Italy
6.3.11 The Netherlands
6.3.12 RoE

6.4. Asia-Pacific

6.4.1. Japan- The Early Adopter
6.4.2. China- The Largest And Fastest Growing Market
6.4.3. India- The Land of Significant Opportunities
6.4.4. Leading Companies

6.5. Rest Of The World

6.5.1. Latin America
6.5.2. Middle East & Africa

6.5.2.1. Growing Need to Eradicate Malnutrition
6.5.2.2. The Spirulina Farming Project in the UAE

7. Company Profiles

7.1. DIC Corporation

7.1.1. Business Overview
7.1.2. Financials
7.1.3. Product Portfolio
7.1.4. Recent Development

7.2. Algene Biotech

7.2.1. Business Overview
7.2.2. Financials
7.2.3. Product Portfolio

7.3. Algaetech International Sdn Bhd.

7.3.1. Business Overview
7.3.2. Financials
7.3.3. Product Portfolio

7.4. Sunrise Nutrachem Group Co., Ltd

7.4.1. Business Overview
7.4.2. Financials
7.4.3. Product Portfolio

7.5. Tianjin Norland Biotech Co., Ltd

7.5.1. Business Overview
7.5.2. Financials
7.5.3. Product Portfolio

7.6. Naturya

7.6.1. Business Overview
7.6.2. Financials
7.6.3. Product Portfolio

7.7. Guangzhou Endless Biotech Co., Ltd

7.7.1. Business Overview
7.7.2. Financials

7.7.3. Product Portfolio

7.8. Synergy Natural Products Pty Ltd.

7.8.1. Business Overview
7.8.2. Financials
7.8.3. Product Portfolio

7.9. Cyanotech Corporation

7.9.1. Business Overview
7.9.2. Financials
7.9.3. Product Portfolio

7.10. E.I.D Parry (India) Ltd.

7.10.1. Business Overview
7.10.2. Financials
7.10.3. Product Portfolio

7.11. Febico (Far East Bio-Tec. Co., Ltd.)

7.11.1. Business Overview
7.11.2. Financials
7.11.3. Product Portfolio

7.12. Sanatur Gmbh

7.12.1. Business Overview
7.12.2. Financials
7.12.3. Product Portfolio

7.13. Hydrolina Biotech

7.13.1. Business Overview
7.13.2. Financials
7.13.3. Product Portfolio

7.14. Fuqing King Dnarmsa Spirulina Co., Ltd

7.14.1. Business Overview
7.14.2. Financials
7.14.3. Product Portfolio

7.15. Now Foods

7.15.1. Business Overview
7.15.2. Financials
7.15.3. Product Portfolio

7.16. Zelang Group

7.16.1. Business Overview
7.16.2. Financials
7.16.3. Product Portfolio

7.17. Wudi Fengtai Aquaculture Co., Ltd

7.17.1. Business Overview
7.17.2. Financials
7.17.3. Product Portfolio

7.18. The All Natural Company

7.18.1. Business Overview
7.18.2. Financials
7.18.3. Product Portfolio

7.19. TAAU Australia Pty Ltd

7.19.1. Business Overview
7.19.2. Financials
7.19.3. Product Portfolio

7.20. Phyco Biotech

7.20.1. Business Overview
7.20.2. Financials
7.20.3. Product Portfolio

LIST OF TABLES & FIGURES

List of Tables

Table 1 Total Global Spirulina Market: Impact Analysis of Market Drivers (2017–2022)
Table 2 Total Global Spirulina Maarket: Impact Analysis of Market Restraints (2017–2022)
Table 3 List of Research Centres Providing Spirulina Culture
Table 4 List of Distributors
Table 5 Basal Medium
Table 6 Average Selling Price of Spirulina, by Geography
Table 7 Global Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 8 Global Spirulina Powder Market Size, By Country/Region, 2015-2022 (USD Million)
Table 9 Global Spirulina Tablets Market Size, By Country/Region, 2015-2022 (USD Million)
Table 10 Global Spirulina Capsules Market Size, By Country/Region, 2015-2022 (USD Million)
Table 11 Market Size for Flakes of Spirulina, By Country/Region, 2015-2022 (USD Million)
Table 12 Global Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 13 Spirulina Market Size for Food and Beverages, By Country/Region, 2015-2022 (USD Million)
Table 14 Spirulina Market Size for Nutraceuticals, By Country/Region, 2015-2022 (USD Million)
Table 15 Spirulina Market Size for Pharmaceuticals, By Country/ Region, 2015-2022 (USD Million
Table 16 Spirulina Market Size for Veterinary, By Country/Region, 2015-2022 (USD Million)
Table 17 Spirulina Market Size for Cosmetics, By Country/Region, 2015-2022 (USD Million)
Table 18 Global Spirulina Market Size, By Country/Region, 2015-2022 (USD Million)
Table 19 North America: Spirulina Market Size, By Country, 2015-2022 (USD Million)
Table 20 North America: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 21 North America: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 22 U.S.: Spirulina Market, By Form, 2015-2022 (USD Million)
Table 23 U.S.: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 24 Canada: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 25 Canada: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 26 Europe: Spirulina Market Size, By Country, 2015-2022 (USD Million)
Table 27 Europe: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 28 Europe: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 29 Germany: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 30 Germany: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 31 France: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 32 France: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 33 U.K: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 34 U.K: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 35 Netherlands: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 36 Netherlands: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 37 Italy: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 38 Italy: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 39 RoE: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 40 RoE: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 41 APAC: Spirulina Market Size, By Country, 2015-2022 (USD Million)
Table 42 APAC: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 43 APAC: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 44 China: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 45 China: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 46 Japan: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 47 Japan: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 48 India: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 49 India: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 50 RoAPAC: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 51 RoAPAC: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 52 Row: Spirulina Market Size, By Region, 2015-2022 (USD Million)
Table 53 Row: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 54 Row: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 55 Latin America: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 56 Latin America: Spirulina Market Size, By Application, 2015-2022 (USD Million)
Table 57 Middle East & Africa: Spirulina Market Size, By Form, 2015-2022 (USD Million)
Table 58 Middle East & Africa: Spirulina Market Size, By Application, 2015-2022 (USD Million)

List of Figures

Figure 1 Market Dynamics
Figure 2 Porter’s Five Forces Analysis
Figure 3 Spirulina Powder to Dominate the Overall Market During the Forecast Period
Figure 4 Food and Beverage Sector to Provide Significant Opportunities
Figure 5 Number of Children Under 5 Who Are Stunted, By Region, 2000 To 2015

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