This report is executed in collaboration with the European Algae Biomass Association (EABA). Combining Meticulous Research®’ market intelligence services with EABA’s broad expertise in the development of research, technology and industrial capacities in the field of algae, the two organizations have leveraged their research capabilities to come up with the most reliable and accurate market assessments in this field.
The Spirulina Market is expected to reach $1.1 billion by 2030, at a CAGR of 9.4% from 2023 to 2030, while in terms of volume, the market is expected to reach 102,381.3 tons by 2030, at a CAGR of 8% from 2023 to 2030. The increasing health & wellness trends and dietary supplements industry, rising demand for natural food colors, growing vegetarianism, positive impact on the environment with spirulina cultivation, strict regulations regarding the inclusion of synthetic colors and flavors, growing preference for spirulina-sourced products, increasing use of spirulina in aquaculture, and growing investments from natural-color manufacturers are the key factors driving the growth of the spirulina market. Furthermore, the emergence of new application areas, growing demand for phycocyanin, rising demand for spirulina from biorefineries, and increasing demand for fresh/frozen spirulina are expected to offer significant opportunities for the players operating in this market.
In the last few decades, the use of dietary supplements (DSs), such as vitamins, minerals, and nutritional and herbal supplements (VMHS), has been steadily increasing, and additionally, the sales of dietary supplements have dynamically increased during the COVID-19 pandemic. According to the American National Standards Institute, global dietary supplement sales increased from USD 220 billion in 2021 and are expected to reach USD 252 billion in 2025. Factors such as the aging population, increased consumer awareness for preventative healthcare, the rising self-directed consumer (self-diagnosis over health practitioner diagnosis), channel proliferation (variety of marketing techniques and E-commerce), and shift from ingredient-focused messaging to broader brand positioning (grouping of supplements together to form a healthy benefits package) are supporting the growth of this supplements industry, globally.
Spirulina is widely used as a food supplement and is certified as generally recognized as safe (GRAS) by the U.S. FDA for consumption among all age groups. It contains a combination of nutrients. Many people use spirulina as a self-care strategy for more energy, nutritional insurance, weight control, and cleansing. Apart from its use as a food supplement in ameliorating nutritional deficiencies, spirulina is gaining more attention from medical scientists as a nutraceutical. It was also successfully used by the National Aeronautics and Space Administration (NASA) as a dietary supplement for astronauts on space missions, as it can modulate immune functions and exhibits anti-inflammatory properties.
Moreover, spirulina is considered a nutrient powerhouse due to its unique nutrient blend. It has a high protein concentration, including all eight essential amino acids in a balanced proportion. It is rich in beta-carotene, vitamin E, and iron.
Owing to its diverse nutritional value and antioxidant and protective health benefits, spirulina is gaining more attention from health-conscious consumers worldwide, driving the growth of the global spirulina market.
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In 2023, the Powder Segment to Dominate the Spirulina Market
Based on product type, in 2023, the powder segment is expected to account for the largest share of the spirulina market. The large market share of this segment is attributed to its rising demand from nutraceutical manufacturers due to the growing health consciousness among consumers, the increasing use of spirulina powder as an ingredient in various food & beverage products, the growing popularity of the vegan diet, and adoption of herbal ingredients in cosmetic products.
In 2023, the Business Channel Segment to Dominate the Spirulina Market
Based on distribution channel, in 2023, the business channel segment is expected to account for the largest share of the spirulina market. The large market share of this segment is attributed to the direct purchase of bulk spirulina in large quantities by various manufacturers, such as nutraceuticals, food & beverages, and animal feed, among others, for further product development.
The Food & Beverages Segment to Witness Highest Demand During the Forecast Period
Based on application, in 2023, the food & beverages segment is projected to witness significant growth during the forecast period of 2023–2030. The rapid growth of this segment is mainly driven by the growing demand for spirulina natural food color in confectionery products (including candy and chewing gum), frostings, ice cream and frozen desserts, dessert coatings and toppings, beverage mixes and powders, yogurts, custards, puddings, cottage cheese, gelatin, breadcrumbs, and ready-to-eat cereals.
Europe: Fastest-growing Regional Market
Based on geography, in 2023, North America is expected to account for the largest share of the spirulina market, followed by Asia-Pacific, Europe, Latin America, and the Middle East & Africa. The large market share of North America is attributed to growing awareness among consumers for natural food products, rising strict regulations against synthetic colors, growing demand for nutraceuticals, growth of subsidiary industries, like cosmetics and biofertilizers, increasing preference for natural protein sources, and presence of key spirulina manufacturers with huge production capacities, especially in the U.S.
However, the market in Europe is slated to register the fastest growth rate during the forecast period. The growth of this regional market is driven by the scientific and technological advances in microalgae research for health food and dietary supplement applications, rising consumer awareness regarding the benefits of natural food products, growing reluctance towards the usage of synthetic colors, the increased adoption of phycocyanin in the manufacturing of therapeutic & nutritional products, rising demand for natural blue colorants, and investments from leading color houses in the phycocyanin space.
Key Players:
The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market participants in the spirulina market between 2019 and 2023. The key players profiled in this spirulina market study are Clos Sainte Aurore (France), Spirulina Viva (Mexico), SPIFORM (France), Spirulina La Capitelle (France), Aurospirul (India), Far East Microalgae Industries, Co., Ltd. (Taiwan), Fuqing King Dnarmsa Spirulina Co., Ltd. (China), DIC Corporation (Japan), E.I.D. - Parry (India) Limited (a subsidiary of M/s. Ambadi Investments Limited) (India), Cyanotech Corporation (U.S.), C.B.N. Bio-engineering Co., Ltd (China), Yunnan Green A Biological Project Co., Ltd. (a Subsidiary of Yunnan Spirin Biotechnology Co. Ltd) (China), Jiangshan Comp Spirulina Co., Ltd (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Zhejiang Binmei Biotechnology Co., Ltd. (China), Bluetec Naturals Co., Ltd. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Roquette Klötze GmbH & Co. KG (Germany), Vedan Biotechnology Corporation (Taiwan), AlgoSource (France), Tianjin Norland Biotech Co., Ltd. (China), Allmicroalgae Natural Products S.A. (Portugal), Aliga Microalgae (Denmark), Taiwan Wilson Enterprise Inc. (Taiwan), Algalimento SL (Spain), Seagrass Tech Private Limited (India), Plankton Australia Pty Limited (Australia), Hangzhou Ouqi Food Co., Ltd. (China), JUNE Spirulina (a Part of JUNE Group of Companies) (Myanmar), Ordos Xinyuli Spirulina Industry Group Co., Ltd. (China), Qingdao Haizhijiao Biotechnology Co., Ltd. (China), BlueBioTech Group (Germany), Sea & Sun Organic GmbH (subsidiary of Sea & Sun Technology GmbH) (Germany), Pond Technologies Inc. (Canada), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Givaudan SA (Switzerland), Nutragreenlife Biotechnology Co. Ltd. (branch of Greenlife Biotechnology Co., Ltd.) (China), Xi’an Fengzu Biological Technology Co., Ltd. (FZBIOTECH) (China), and Necton S.A. (Portugal).
Scope of the Report:
Spirulina Market, by Product Type
Spirulina Market, by Distribution Channel
Spirulina Market, by Application
Spirulina Market, by Geography
Key Questions Answered in the Report:
This report covers the market sizes & forecasts of the spirulina market based on product type, distribution channel, application, and geography. This report also provides the value & volume analysis of various segments and subsegments of the spirulina market at the regional and country levels.
In terms of value, the spirulina market is expected to reach $1.1 billion by 2030, at a CAGR of 9.4% from 2023 to 2030, while in terms of volume, the market is expected to reach 102,381.3 tons by 2030, at a CAGR of 8% from 2023 to 2030.
Based on product type, in 2023, the powder segment is expected to account for the largest share of the spirulina market.
Based on application, in 2023, the nutraceuticals segment is expected to account for the largest share of the spirulina market. However, the food & beverages segment is slated to register the fastest growth rate during the forecast period. The growth of this segment is driven by the growing demand for spirulina natural food color in confectionery products (including candy and chewing gum), frostings, ice cream and frozen desserts, dessert coatings and toppings, beverage mixes and powders, yogurts, custards, puddings, cottage cheese, gelatin, breadcrumbs, and ready-to-eat cereals.
The growth of this market is driven by the increasing health & wellness trends and dietary supplements industry, rising demand for natural food colors, growing vegetarianism, positive impact on the environment with spirulina cultivation, strict regulations regarding the inclusion of synthetic colors and flavors, growing preference for spirulina-sourced products, increasing use of spirulina in aquaculture, and growing investments from natural-color manufacturers.
Furthermore, the emergence of new application areas, growing demand for phycocyanin, rising demand for spirulina from biorefineries, and increasing demand for fresh/frozen spirulina are expected to provide significant growth opportunities for players operating in this market.
The key players operating in the spirulina market are Clos Sainte Aurore (France), Spirulina Viva (Mexico), SPIFORM (France), Spirulina La Capitelle (France), Aurospirul (India), Far East Microalgae Industries, Co., Ltd. (Taiwan), Fuqing King Dnarmsa Spirulina Co., Ltd. (China), DIC Corporation (Japan), E.I.D. - Parry (India) Limited (a subsidiary of M/s. Ambadi Investments Limited) (India), Cyanotech Corporation (U.S.), C.B.N. Bio-engineering Co., Ltd (China), Yunnan Green A Biological Project Co., Ltd. (a Subsidiary of Yunnan Spirin Biotechnology Co. Ltd) (China), Jiangshan Comp Spirulina Co., Ltd (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Zhejiang Binmei Biotechnology Co., Ltd. (China), Bluetec Naturals Co., Ltd. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Roquette Klötze GmbH & Co. KG (Germany), Vedan Biotechnology Corporation (Taiwan), AlgoSource (France), Tianjin Norland Biotech Co., Ltd. (China), Allmicroalgae Natural Products S.A. (Portugal), Aliga Microalgae (Denmark), Taiwan Wilson Enterprise Inc. (Taiwan), Algalimento SL (Spain), Seagrass Tech Private Limited (India), Plankton Australia Pty Limited (Australia), Hangzhou Ouqi Food Co., Ltd. (China), JUNE Spirulina (a Part of JUNE Group of Companies) (Myanmar), Ordos Xinyuli Spirulina Industry Group Co., Ltd. (China), Qingdao Haizhijiao Biotechnology Co., Ltd. (China), BlueBioTech Group (Germany), Sea & Sun Organic GmbH (subsidiary of Sea & Sun Technology GmbH) (Germany), Pond Technologies Inc. (Canada), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Givaudan SA (Switzerland), Nutragreenlife Biotechnology Co. Ltd. (branch of Greenlife Biotechnology Co., Ltd.) (China), Xi’an Fengzu Biological Technology Co., Ltd. (FZBIOTECH) (China), and Necton S.A. (Portugal).
Countries from Europe & Asia-Pacific are projected to offer significant growth opportunities for the vendors in this market due to the presence of local and regional players, the growing dietary supplement industry, the growing need to eradicate malnutrition, favorable climatic conditions, and low production cost.
This report provides pre & post COVID-19 market estimates.
1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
2.5. Limitations of the Study
3. Executive Summary
3.1. Overview
3.2. Segmental Analysis
3.2.1. Spirulina Market Analysis: by Product Type
3.2.2. Spirulina Market Analysis: by Application
3.2.3. Spirulina Market Analysis: by Distribution Channel
3.3. Regional Analysis
3.4. Key Players
4. Industry Outlook
4.1. Overview
4.2. Spirulina Dosages
4.2.1. Spirulina: Recommended Daily Dosage
4.2.2. Common Spirulina Dosages
4.3. Value Chain Analysis
4.3.1. Overview
4.3.2. Inputs/Suppliers
4.3.3. Cultivation and Processing
4.3.3.1. Key Spirulina Producers, by Size
4.3.3.1.1. Microfarmers (<2 Tons/Year) *
4.3.3.1.2. Small Farmers (2-20 Tons/Year)
4.3.3.1.3. Large Farmers (20-200 Tons/Year)
4.3.3.1.4. Very Large Farmers (More Than 200 Tons/Year)
4.3.4. Packaging, Storage, and Logistics
4.3.4.1. Handling and Packaging Companies
4.3.5. Distribution Channel (B2B & B2C)
4.3.6. Spirulina-based Product Formulators and Consumers
4.3.6.1. List of Some of The Key Buyers
4.4. Pricing Analysis
4.4.1. Spirulina Powder
4.4.2. Spirulina Tablets
4.4.3. Spirulina Capsules
4.4.4. Spirulina Flakes
4.4.5. Frozen Spirulina
4.4.6. Phycocyanin
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of Substitutes
4.5.4. Threat of New Entrants
4.5.5. Degree of Competition
5. Market Insights
5.1. Overview
5.2. Drivers
5.2.1. Increasing Health & Wellness Trends and the Growing Dietary Supplements Industry
5.2.2. Rising Demand for Natural Food Colors
5.2.3. Growing Vegetarianism
5.2.4. Positive Environmental Impact of Spirulina Cultivation
5.2.5. Strict Regulations for the Use of Synthetic Colors and Flavors
5.2.6. Growing Preference for Spirulina-sourced Products
5.2.7. Increasing Use of Spirulina in Aquaculture
5.2.8. Increasing Investments from Manufacturers of Natural Colors
5.3. Restraints
5.3.1. Low Awareness Regarding the Benefits of Spirulina
5.3.2. Complexities in Algae Production
5.3.3. Risk of Contamination
5.4. Opportunities
5.4.1. Emergence of New Application Areas
5.4.2. Growing Demand for Phycocyanin
5.4.3. Rising Demand for Spirulina Among Biorefineries
5.4.4. Increasing Demand for Fresh/Frozen Spirulina
5.5. Trends
5.5.1. Adoption of New Production Technologies (Photobioreactors)
5.6. Standards and Regulations
5.6.1. Spirulina: Recommended Daily Intake (RDA)
5.6.2. North America
5.6.3. Europe
6. Spirulina Market Assessment—by Product Type
6.1. Overview
6.2. Powder
6.3. Tablets
6.4. Capsules
6.5. Flakes
6.6. Phycocyanin
6.7. Frozen Spirulina
7. Spirulina Market Assessment—by Distribution Channel
7.1. Overview
7.2. Business Channel
7.3. Consumer Channel
8. Spirulina Market Assessment—by Application
8.1. Overview
8.2. Nutraceuticals
8.3. Food & Beverages
8.4. Animal Feed
8.5. Cosmetics
8.6. Agriculture
9. Spirulina Market Assessment—by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Asia-Pacific
9.3.1. China
9.3.2. India
9.3.3. Japan
9.3.4. Australia
9.3.5. Thailand
9.3.6. Rest of Asia-Pacific (RoAPAC)
9.4. Europe
9.4.1. France
9.4.2. Germany
9.4.3. U.K.
9.4.4. Italy
9.4.5. Spain
9.4.6. Netherlands
9.4.7. Denmark
9.4.8. Sweden
9.4.9. Rest of Europe (RoE)
9.5. Latin America
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America (RoLATAM)
9.6. Middle East & Africa
9.6.1. Egypt
9.6.2. Saudi Arabia
9.6.3. South Africa
9.6.4. UAE
9.6.5. Rest of Middle East & Africa (RoMEA)
10. Competition Analysis
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Dashboard
10.3.1. Industry Leaders
10.3.2. Market Differentiators
10.3.3. Vanguards
10.3.4. Emerging Companies
10.4. Vendor Market Positioning
11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
11.1. Microfarmers
11.1.1. Clos Sainte Aurore
11.1.2. Spirulina Viva
11.1.3. SPIFORM
11.1.4. Spirulina La Capitelle
11.2. Small Farmers
11.2.1. Aurospirul
11.3. Large Farmers
11.3.1. Far East Microalgae Industries Co., Ltd (FEMICO)
11.4. Very Large Farmers
11.4.1. Fuqing King Dnarmsa Spirulina Co., Ltd.
11.4.2. DIC Corporation
11.4.3. E.I.D. - Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited)
11.4.4. Cyanotech Corporation
11.4.5. C.B.N. Bio-engineering Co., Ltd
11.4.6. Yunnan Green A Biological Project Co., Ltd. (A Subsidiary of Yunnan Spirin Biotechnology Co. Ltd)
11.4.7. Jiangshan Comp Spirulina Co., Ltd
11.4.8. Inner Mongolia Rejuve Biotech Co., Ltd.
11.4.9. Zhejiang Binmei Biotechnology Co., Ltd.
11.4.10. Bluetec Naturals Co., Ltd.
11.4.11. Taiwan Chlorella Manufacturing Company (TCMC)
11.4.12. Roquette Klötze GmbH & Co. KG
11.4.13. Vedan Biotechnology Corporation
11.4.14. AlgoSource
11.4.15. Tianjin Norland Biotech Co., Ltd
11.4.16. Allmicroalgae Natural Products S.A.
11.4.17. Aliga Microalgae
11.4.18. Taiwan Wilson Enterprise Inc.
11.4.19. Algalimento SL
11.4.20. Seagrass Tech Private Limited
11.4.21. Plankton Australia Pty Limited
11.4.22. Hangzhou Ouqi Food Co., Ltd.
11.4.23. JUNE Spirulina (A Part of JUNE Group of Companies)
11.4.24. Ordos Xinyuli Spirulina Industry Group Co., Ltd.
11.4.25. Qingdao Haizhijiao Biotechnology Co., Ltd.
11.4.26. BlueBioTech Group
11.4.27. Sea & Sun Organic GmbH (Subsidiary of Sea & Sun Technology GmbH)
11.4.28. Pond Technologies Inc.
11.4.29. Far East Bio-Tec. Co., Ltd. (FEBICO)
11.4.30. Givaudan SA
11.4.31. Nutragreenlife Biotechnology Co. Ltd. (Branch of Greenlife Biotechnology Co., Ltd.)
11.4.32. Xi’an Fengzu Biological Technology Co., Ltd. (FZBIOTECH)
11.4.33. Necton S.A.
12. Appendix
12.1. Available Customization
12.2. Related Reports
List of Tables
Table 1 Spirulina: Recommended Daily Dosage, by Category
Table 2 Indicative List of Spirulina Supplement Providers and their Product Formulations
Table 3 List of Spirulina Microfarmers (<2 Tons/Year)
Table 4 List of Small Spirulina Producers (2-20 Tons/Year)
Table 5 List of Large Spirulina Producers (20-200 Tons/Year)
Table 6 List of Very Large Spirulina Producers (More Than 200 Tons/Year)
Table 7 Average Selling Prices of Spirulina Powder, by Country/Region, 2021–2030 (USD/Ton)
Table 8 Average Selling Prices of Spirulina Tablets, by Country/Region, 2021–2030 (USD/Ton)
Table 9 Average Selling Prices of Spirulina Capsules, by Country/Region, 2021–2030 (USD/Ton)
Table 10 Average Selling Prices of Spirulina Flakes, by Country/Region, 2021–2030 (USD/Ton)
Table 11 Average Selling Prices of Frozen Spirulina, by Country/Region, 2021–2030 (USD/Ton)
Table 12 Average Selling Prices of Phycocyanin, by Country/Region, 2021–2030 (USD/Ton)
Table 13 A Comparison of Spirulina Cultivation Approaches
Table 14 Characteristics of Four Promising Photobioreactors
Table 15 Production Costs and Specific Energy Consumption for Spirulina Cultivation in Open Ponds and PBRS for Different Productivities
Table 16 Europe: Microalgae Approved for Food Use
Table 17 Global Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 18 Global Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 19 Global Spirulina Powder Market, by Country/Region, 2021–2030 (USD Thousand)
Table 20 Global Spirulina Powder Market, by Country, 2021–2030 (Tons)
Table 21 Global Spirulina Tablets Market, by Country, 2021–2030 (USD Thousand)
Table 22 Global Spirulina Tablets Market, by Country, 2021–2030 (Tons)
Table 23 Global Spirulina Capsules Market, by Country, 2021–2030 (USD Thousand)
Table 24 Global Spirulina Capsules Market, by Country, 2021–2030 (Tons)
Table 25 Global Spirulina Flakes Market, by Country, 2021–2030 (USD Thousand)
Table 26 Global Spirulina Flakes Market, by Country, 2021–2030 (Tons)
Table 27 Global Phycocyanin Market, by Country, 2021–2030 (USD Thousand)
Table 28 Global Phycocyanin Market, by Country, 2021–2030 (Tons)
Table 29 Global Frozen Spirulina Market, by Country, 2021–2030 (USD Thousand)
Table 30 Global Frozen Spirulina Market, by Country, 2021–2030 (Tons)
Table 31 Global Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 32 Global Spirulina Market for the Business Channel, by Country, 2021–2030 (USD Thousand)
Table 33 Global Spirulina Market for the Consumer Channel, by Country, 2021–2030 (USD Thousand)
Table 34 Global Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 35 Nutritional Profile of Spirulina Powder From Various Companies
Table 36 Global Spirulina Market for Nutraceuticals, by Country/Region, 2021–2030 (USD Thousand)
Table 37 Comparison of Protein Content of Spirulina With Other Foods
Table 38 Global Spirulina Market for Food & Beverages, by Country/Region, 2021–2030 (USD Thousand)
Table 39 Global Spirulina Market for Animal Feed, by Country/Region, 2021–2030 (USD Thousand)
Table 40 Global Spirulina Market for Cosmetics, by Country/Region, 2019–2028 (USD Thousand)
Table 41 Global Spirulina Market for Agriculture, by Country/Region, 2021–2030 (USD Thousand)
Table 42 Global Spirulina Market, by Region, 2021–2030 (USD Thousand)
Table 43 Global Spirulina Market, by Region, 2021–2030 (Tons)
Table 44 Some of The Key Buyers of Spirulina In North America
Table 45 North America: Spirulina Market, by Country, 2021–2030 (USD Thousand)
Table 46 North America: Spirulina Market, by Country, 2021–2030 (Tons)
Table 47 North America: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 48 North America: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 49 North America: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 50 North America: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 51 U.S.: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 52 U.S.: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 53 U.S.: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 54 U.S.: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 55 Canada: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 56 Canada: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 57 Canada: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 58 Canada: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 59 Some of the Key Buyers of Spirulina in Asia-Pacific
Table 60 Asia-Pacific: Spirulina Market, by Country/Region, 2021–2030 (USD Thousand)
Table 61 Asia-Pacific: Spirulina Market, by Country/Region, 2021–2030 (Tons)
Table 62 Asia-Pacific: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 63 Asia-Pacific: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 64 Asia-Pacific: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 65 Asia-Pacific: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 66 China: Spirulina Producers
Table 67 China: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 68 China: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 69 China: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 70 China: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 71 India: Spirulina Producers
Table 72 India: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 73 India: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 74 India: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 75 India: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 76 Japan: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 77 Japan: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 78 Japan: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 79 Japan: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 80 Australia: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 81 Australia: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 82 Australia: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 83 Australia: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 84 Thailand: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 85 Thailand: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 86 Thailand: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 87 Thailand: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 88 Rest of Asia-Pacific: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 89 Rest of Asia-Pacific: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 90 Rest of Asia-Pacific: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 91 Rest of Asia-Pacific: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 92 Key Buyers of Spirulina in Europe
Table 93 Some of the Spirulina Producers in Europe
Table 94 Europe: Spirulina Market, by Country/Region, 2021–2030 (USD Thousand)
Table 95 Europe: Spirulina Market, by Country/Region, 2021–2030 (Tons)
Table 96 Europe: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 97 Europe: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 98 Europe: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 99 Europe: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 100 Some of the Spirulina Producers in France
Table 101 France: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 102 France: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 103 France: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 104 France: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 105 Overview of German Stakeholders In The Algae Market
Table 106 Germany: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 107 Germany: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 108 Germany: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 109 Germany: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 110 U.K.: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 111 U.K.: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 112 U.K.: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 113 U.K.: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 114 Italy: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 115 Italy: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 116 Italy: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 117 Italy: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 118 Leading Spirulina Producers In Spain
Table 119 Spain: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 120 Spain: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 121 Spain: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 122 Spain: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 123 Netherlands: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 124 Netherlands: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 125 Netherlands: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 126 Netherlands: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 127 Denmark: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 128 Denmark: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 129 Denmark: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 130 Denmark: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 131 Sweden: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 132 Sweden: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 133 Sweden: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 134 Sweden: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 135 Rest of Europe: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 136 Rest of Europe: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 137 Rest of Europe: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 138 Rest of Europe: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 139 Latin America: Spirulina Market, by Country/Region, 2021–2030 (USD Thousand)
Table 140 Latin America: Spirulina Market, by Country/Region, 2021–2030 (Tons)
Table 141 Latin America: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 142 Latin America: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 143 Latin America: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 144 Latin America: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 145 Brazil: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 146 Brazil: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 147 Brazil: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 148 Brazil: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 149 Mexico: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 150 Mexico: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 151 Mexico: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 152 Mexico: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 153 Rest of Latin America: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 154 Rest of Latin America: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 155 Rest of Latin America: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 156 Rest of Latin America: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 157 Middle East & Africa: Spirulina Market, by Country/Region, 2021–2030 (USD Thousand)
Table 158 Middle East & Africa: Spirulina Market, by Country/Region, 2021–2030 (Tons)
Table 159 Middle East & Africa: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 160 Middle East & Africa: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 161 Middle East & Africa: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 162 Middle East & Africa: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 163 Egypt: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 164 Egypt: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 165 Egypt: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 166 Egypt: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 167 Saudi Arabia: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 168 Saudi Arabia: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 169 Saudi Arabia: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 170 Saudi Arabia: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 171 South Africa: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 172 South Africa: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 173 South Africa: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 174 South Africa: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 175 UAE: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 176 UAE: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 177 UAE: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 178 UAE: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 179 Rest of Middle East & Africa: Spirulina Market, by Product Type, 2021–2030 (USD Thousand)
Table 180 Rest of Middle East & Africa: Spirulina Market, by Product Type, 2021–2030 (Tons)
Table 181 Rest of Middle East & Africa: Spirulina Market, by Distribution Channel, 2021–2030 (USD Thousand)
Table 182 Rest of Middle East & Africa: Spirulina Market, by Application, 2021–2030 (USD Thousand)
Table 183 Recent Developments, by Company (2020–2023)
List of Figures
Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources Referenced for this Study
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 8 Market Sizing and Growth Forecast
Figure 9 In 2023, the Powder Segment to Account for the Largest Share
Figure 10 In 2023, the Nutraceuticals Segment to Dominate the Market
Figure 11 The Business Channel Segment to Register the Highest CAGR During 2023–2030
Figure 12 Europe to be the Fastest-Growing Regional Market
Figure 13 Benefits of Consuming 5-10 Grams of Spirulina Every Day
Figure 14 Spirulina Supplements: Most Common Dosage forms
Figure 15 Global Spirulina Market Value Chain
Figure 16 Global Spirulina Market: Porter’s Five Forces Analysis
Figure 17 Factors Affecting Market Growth
Figure 18 Spirulina Vs. Other Foods: Nutrient Profile
Figure 19 Top Ten Countries with the Highest Rates of Vegetarianism, 2020 (%)
Figure 20 Global Spirulina Market, by Product Type, 2023 Vs. 2030 (USD Thousand)
Figure 21 Global Spirulina Market, by Product Type, 2023 Vs. 2030 (Tons)
Figure 22 Global Spirulina Market, by Distribution Channel, 2023 Vs. 2030 (USD Thousand)
Figure 23 Spirulina: Business Channel
Figure 24 Spirulina: Consumer Channel
Figure 25 Global Spirulina Market, by Application, 2023–2030 (USD Thousand)
Figure 26 Possible Effect of Spirulina Extract on Agriculture
Figure 27 Global Spirulina Market, by Region, 2023 Vs. 2030 (USD Thousand)
Figure 28 Global Spirulina Market, by Region, 2023 Vs. 2030 (Tons)
Figure 29 North America: Spirulina Market Snapshot, 2023
Figure 30 Asia-Pacific: Spirulina Market Snapshot, 2023
Figure 31 Rope: Spirulina Market Snapshot (2023)
Figure 32 Latin America: Spirulina Market Snapshot, 2023
Figure 33 Middle East & Africa: Spirulina Market Snapshot, 2023
Figure 34 Key Growth Strategies Adopted by Leading Players (2020–2023)
Figure 35 Competitive Dashboard: Global Spirulina Market
Figure 36 Global Spirulina Market Competitive Benchmarking, by Application
Figure 37 DIC Corporation: Financial Overview (2022)
Figure 38 E.I.D. - Parry (India) Limited: Financial Overview (2022)
Figure 39 Cyanotech Corporation: Financial Overview (2022)
Figure 40 Givaudan SA: Financial Overview (2022)
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: Apr-2023
Published Date: Feb-2023
Published Date: Apr-2020
Published Date: Feb-2023
Published Date: Jun-2022
