MarkNtel Advisors recently published a detailed industry analysis of the Global Spirulina Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Spirulina Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Spirulina Market size is valued at around USD 848.12 Million in 2024 & is projected to reach USD 1,298 Million by 2030. The market is also estimated to grow at a CAGR of around 8.89% during the forecast period, i.e., 2025-30.
Key Findings in Global Spirulina Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- Algenol Biofuels Inc., Chr. Hansen Holding A/S., Cyanotech Corporation, Dongtai City Spirulina Bio-engineering Co., Fuqing King Dnarmsa Spirulina Co., Ltd., Fraken Biochem Co., Ltd., Naturex S.A., Now Foods, Parry Nutraceuticals Ltd., Prolgae Spirulina Supplies Pvt. Ltd., Sensient Technologies Corporation
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Spirulina industry?
Rising Application of Spirulina in the Food & Beverage Sector – As Spirulina exhibits high nutritional value and addresses & curbs health conditions like malnutrition among people, its demand is escalating swiftly across various countries worldwide, i.e., instigating manufacturers to expand their production & distribution capacities to cater to varied consumer requirements. As a result, several companies are now actively participating in introducing different food & beverages utilizing these supplements, which, in turn, is driving the Global Spirulina Market.
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What segments define the Global Spirulina Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Type
-
- Arthrospira Platensis
- Arthrospira Maxima
By Formation
-
- Powder
- Tablet
- Liquid
According to report, Amongst these three, Powder is anticipated to demonstrate the fastest growth in the Global Spirulina Market during 2025-30.
By Application
-
- Food & Beverage
- Bakery
- Confectionery
- Other Processed Foods
- Dietary Supplements
- Cosmetics & Personal Care
- Agriculture
- Food & Beverage
According to report, Here, the Food & Beverages sector acquired the largest share in the Global Spirulina Market in previous years, and the same trend is likely during 2025-30.
Explore the Complete Global Spirulina Market Analysis Report – https://www.marknteladvisors.com/research-library/spirulina-market.html
Geographical Analysis: Global Spirulina Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The Global Spirulina Industry Recent Development:
- On 23 February 2023, ScotBio announced working with the University of Edinburgh, Robert Gordon University, and the Industrial Biotechnology Innovation Centre (IBioIC) to determine how waste molecules from spirulina can be extracted & used for their natural antiviral properties.
- On 11 November 2022, GNT secured the US FDA (Food and Drug Administration) approval for the use of spirulina extract in beverages, offering a clean label way of delivering not only vibrant blue shades but also an associated palette of navy blues & violets.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Spirulina Market?
- How is the Global Spirulina Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/spirulina-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
More Research Studies Report:
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