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Spirulina Market by Distribution Channel, Product Type, Application - Global Forecast to 2028

  • ID: 4900486
  • Report
  • May 2021
  • Region: Global
  • 238 Pages
  • Meticulous Market Research Pvt. Ltd.
The Global Spirulina Market is Expected to Reach $629.6 Million by 2025 at a CAGR of 9.4% During the Forecast Period of 2019 to 2025

FEATURED COMPANIES

  • Algene Biotech
  • Australian Spirulina
  • Cyanotech Corporation
  • DIC Corporation
  • E.I.D. Parry Ltd.
  • Earthrise Nutritional LLC
Spirulina Market by Distribution Channel (Consumer Channel, Business Channel), Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin Extract), Application (Nutraceuticals, Food and Beverages, Agriculture, Animal Feed) - Global Forecast to 2028

The research report titled “Spirulina Market by Distribution Channel (Consumer Channel, Business Channel), Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin Extract), and Application (Nutraceuticals, Food and Beverages, Agriculture, Animal Feed) - Global Forecast to 2028” provides an in-depth analysis of the spirulina market in five major geographies and emphasizes on the current market trends, market size, market shares, recent developments, and forecasts to 2028. The spirulina market is expected to record a CAGR of 13.2% from 2021 to 2028 to reach $968.6 million by 2028. In terms of volume, the spirulina market is expected to register a CAGR of 18.1% from 2021 to 2028 to reach 98,768.5 tons by 2028.

The factors such as growing health & wellness trends and dietary supplements industry; growing demand for natural food colors; increasing vegetarianism; stringent regulations regarding the inclusion of synthetic colors and flavors; growing malnutrition; increasing preference for spirulina sourced products, especially omega-3 fatty acids; growing use of spirulina in aquaculture; growing investments from leading color houses, and increase in number of products that include spirulina as ingredients are driving the growth in the global spirulina market. However, low awareness about the benefits of spirulina and challenges associated with spirulina production is expected to hinder the growth of the global spirulina market to some extent.

The global spirulina market study presents historical market data in terms of values and volumes (2019 and 2020), estimated current data (2021), and forecasts for 2028- by distribution channel (consumer channel, business channel), product type (powder, tablets, capsules, flakes, phycocyanin extract, and frozen spirulina), and application (nutraceuticals, food & beverages, animal feed, cosmetics, and agriculture). The study also evaluates industry competitors and analyzes the market at a regional and country level.

Based on the distribution channel, the spirulina market is mainly segmented into consumer and business channels. In 2021, the business channel segment is estimated to account for the largest share of the overall spirulina market. The largest share of this segment is mainly attributed to the direct purchase of bulk spirulina in large quantities by various manufacturers such as nutraceuticals, food and beverages, and animal feed, among others, for further product development.

Based on the product type, the spirulina market is mainly segmented into powder, tablets, capsules, flakes, phycocyanin extracts, and frozen spirulina. The phycocyanin extracts segment is expected to grow with the fastest CAGR during the forecast period, attributed to factors such as tremendous demand from the food and beverage industry, where it is used as a natural food colorant; growing investment from leading players; and expanding application areas of phycocyanin. However, the nutraceuticals segment is estimated to account for the largest share of the overall spirulina market in 2021. The largest share of this segment is attributed to the booming nutraceutical sector, growing health concerns of the aging population in various countries, growing desire for natural alternatives to traditional pharmaceutical products, and increased awareness among consumers on the link between nutrition and health.

Based on application, in 2021, the nutraceuticals segment is estimated to account for the largest share of the overall spirulina market. The largest share of this segment is mainly attributed to the booming nutraceutical sector, growing health concerns of the aging population in various countries, growing desire for natural alternatives to traditional pharmaceutical products, and increased awareness among consumers on the link between nutrition and health.

An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region. In 2021, North America is estimated to account for the largest share of the spirulina market, followed by Asia-Pacific and Europe. The large share of this region is mainly attributed to huge consumption of health supplements, strict regulations against the use of synthetic colors, growth of subsidiary industries like cosmetics and biofertilizers, increasing preference for natural protein sources, and presence of key spirulina manufacturers with huge production capacities.

Some of the leading players operating in the global spirulina market are Earthrise Nutritional, LLC (U.S.), DIC Corporation (Japan), Yunnan Green A Bio-engineering Co., Ltd (China), Algene Biotech (India), Tianjin Norland Biotech Co., Ltd. (China), Pondicherry Spirulina Farms (India), Cyanotech Corporation (U.S.), E.I.D. Parry (I) Ltd. (India), Far East Bio-Tec. Co., Ltd., (China), Fuqing King Dnarmsa Spirulina Co., Ltd. (China), Dongtai City Spirulina Bio-engineering Co., Ltd. (China), and Australian Spirulina (Australia), among others.

Scope of the Report:


Spirulina Market, by Distribution Channel

  • Business Channels
  • Consumer Channels

Spirulina Market, by Product Type

  • Powder
  • Tablets
  • Capsules
  • Flakes
  • Phycocyanin Extract
  • Frozen Spirulina

B2B Spirulina Market, by Application

  • Nutraceuticals
  • Food & Beverages
  • Animal Feed
  • Cosmetics
  • Agriculture

Spirulina Market, by Geography

  • North America
  • U.S.
  • Canada
  • Europe
  • France
  • Germany
  • U.K.
  • Italy
  • Spain
  • The Netherlands
  • Rest of Europe (RoE)
  • Asia-Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • Thailand
  • Rest of APAC (RoAPAC)
  • Rest of the World
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America (RoLATAM)
  • Middle East and Africa

Key Questions Answered in the Report

  • Which are the high-growth market segments in terms of distribution channel, product type, application, and region/country?
  • What was the historical market size for spirulina across the globe?
  • What are the market forecasts and estimates for 2021-2028?
  • What are the major drivers, restraints, opportunities, and challenges for the global spirulina market?
  • Who are the major players in the global spirulina market?
  • How is the competitive landscape, and who are the market leaders in the global spirulina market?
  • What are the recent developments in the global spirulina market?
  • What are the geographical trends and high-growth regions/countries?
  • Who are the local emerging players in the global spirulina market, and how do they compete with the global players?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Algene Biotech
  • Australian Spirulina
  • Cyanotech Corporation
  • DIC Corporation
  • E.I.D. Parry Ltd.
  • Earthrise Nutritional LLC
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency

2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study

3.Executive Summary
3.1. Introduction
3.2. Segment Analysis
3.2.1. Distribution Channel Segment Analysis
3.2.2. Product Type Segment Analysis
3.2.3. Application Segment Analysis
3.2.4. Regional Analysis
3.2.5. Key Players

4. Industry Trends
4.1. Introduction
4.2. Spirulina Formulation
4.2.1. Recommended Daily Dose of Spirulina
4.3. Common Formulations of Spirulina
4.4. Value Chain Analysis
4.4.1. List of Key Producers, by Size
4.4.1.1. Microfarmers (< 2 Ton/Year)
4.4.1.2. Small Farmers (2-20 Ton/Year)
4.4.1.3. Large Farmers (20-200 Ton/Year)
4.4.1.4. Very Large Farmers (More than 200 Ton/Year)
4.4.2. Handling and Packaging Companies
4.4.3. List of Some of the Key Buyers
4.4.4. Pricing Analysis
4.4.4.1. Producer to Manufacturer
4.4.4.2. Manufacturer to Distributor/Wholesaler
4.4.4.3. Distributor/Wholesaler to Retailer
4.4.4.4. Retailer to Consumer

5. Market Insights
5.1. Introduction
5.2. Drivers
5.2.1. Growing Health & Wellness Trends and Dietary Supplements Industry
5.2.2. Growing Demand for Natural Food Colours
5.2.3. Growing Vegetarianism
5.2.4. Positive Impact on Environment With Spirulina Cultivation
5.2.5. Strict Regulations Regarding the Inclusion of Synthetic Colors and Flavors
5.2.6. Growing Preference for Spirulina-Sourced Products
5.2.7. Growing Use of Spirulina in Aquaculture
5.2.8. Growing Investments from Natural-Color Manufacturers
5.3. Restraints
5.3.1. Low Awareness of Benefits of Spirulina
5.3.2. Complex Production of Algae Products
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. Growing Demand for Spirulina from Bio Refineries
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 estimated Daily Intake
5.6.2. North America
5.6.3. Europe
5.7. Force Field Analysis

6. The Impact of Covid-19 on the Spirulina Market

7. Global Spirulina Market, by Distribution Channel
7.1. Introduction
7.2. Business Channel
7.3. Consumer Channel

8. Global Spirulina Market, by Product Type
8.1. Introduction
8.2. Powder
8.3. Tablets
8.4. Capsules
8.5. Flakes
8.6. Phycocyanin Extracts
8.7. Frozen Spirulina

9. Global Spirulina Market, by Application
9.1. Introduction
9.2. Nutraceuticals
9.3. Food and Beverage
9.4. Animal Feed
9.5. Cosmetics
9.6. Agriculture

10. Global Spirulina Market, by Geography
10.1. Introduction
10.2. North America
10.2.1. Market Size and Growth Rate
10.2.2. Market Trends
10.2.3. Key Drivers and Restraints
10.2.4. Market Opportunity
10.2.5. List of Buyers
10.2.6. Success Factors
10.2.7. Key Players
10.2.8. U.S.
10.2.8.1. Growing Demand for Natural Colors
10.2.8.2. Key Players
10.2.9. Canada
10.2.9.1. Key Players
10.3. Europe
10.3.1. Market Size and Growth Rate
10.3.2. Market Trends
10.3.3. Major Growth Drivers
10.3.4. Market Opportunity
10.3.5. List of Buyers
10.3.6. Success Factors
10.3.7. Spirulina Producers
10.3.8. France
10.3.9. Germany
10.3.10. U.K.
10.3.11. Italy
10.3.12. Spain
10.3.13. Netherlands
10.3.14. Rest of Europe (RoE)
10.4. Asia-Pacific
10.4.1. Market Size and Growth Rate
10.4.2. Major Growth Drivers
10.4.3. Market Opportunity
10.4.4. List of Buyers
10.4.5. Success Factors
10.4.6. Key Players
10.4.7. China
10.4.8. India
10.4.9. Japan
10.4.10. Australia
10.4.11. Thailand
10.4.12. Rest of Asia-Pacific (RoAPAC)
10.5. Latin America
10.5.1. Brazil
10.5.2. Mexico
10.5.3. Rest of Latin America (RoLATAM)
10.6. Middle East & Africa
10.6.1. Growing Need to Eradicate Malnutrition
10.6.2. Iranian Scientists Produce Sweets for Diabetics from Spirulina

11. Company Profiles
11.1. Microfarmers
11.1.1. Lenoir Azur Spiruline
11.1.2. Clos Sainte Aurore
11.1.3. Spirulina Viva
11.1.4. Spiform
11.1.5. Spirulina La Capitelle
11.1.6. Dunga Spirulina
11.2. Small Farmers
11.2.1. Bertolini Mario
11.2.2. Aurospirul
11.3. Large Farmers
11.3.1. Far East Microalgae Industries Co., Ltd (FEMICO)
11.3.2. June Pharmaceuticals Limited
11.4. Very Large Farmers
11.4.1. Fuqing King Dnarmsa Spirulina Co.Ltd.
11.4.2. Earthrise Nutritionals, LLC (Part of DIC Corporation)
11.4.3. E.I.D. - Parry (India) Limited
11.4.4. Cyanotech Corporation
11.4.5. Dongtai City Spirulina Bio-Engineering Co. Ltd.
11.4.6. Yunnan Green A Biological Project Co., Ltd.
11.4.7. Zhejiang Comp Spirulina Co., Ltd.
11.4.8. Ordos Xinyuli Spirulina Industry Group Co., Ltd.
11.4.9. Qingdao Haizhijiao Biotechnology Co., Ltd.
11.4.10. Inner Mongolia Rejuve Biotech Co., Ltd.
11.4.11. Hainan Dic Aisheng Microalgae Co., Ltd.
11.4.12. Zhejiang Binmei Biotechnology Co., Ltd.
11.4.13. Bluetec Naturals Co., Ltd.

12. Appendix
12.1. Questionnaire
12.2. Available Customization
List of Tables
Table 1 Recommended Daily Dose of Spirulina
Table 2 Indicative List of Companies and Their Spirulina Formulations
Table 3 Spirulina Microfarmers (< 2 Ton/Year)
Table 4 Small Producers of Spirulina (2-20 Ton/Year)
Table 5 Large Producers of Spirulina (20-200 Ton/Year)
Table 6 Very Large Producers of Spirulina (More than 200 Ton/Year)
Table 7 Average Prices of Spirulina: Producer to Manufacturer, by Country/Region, 2019-2028 ($/Kg)
Table 8 Average Prices of Spirulina: Manufacturer to Distributor/Wholesaler, by Country/Region, 2019-2028 ($/Kg)
Table 9 Average Prices of Spirulina: Distributor/Wholesaler to Retailer, by Country/Region, 2019-2028 ($/Kg)
Table 10 Average Prices of Spirulina: Retailer to Consumer, by Country/Region, 2019-2028 ($/Kg)
Table 11 Global Spirulina Market: Impact Analysis of Market Drivers (2021-2028),
Table 12 Total Global Spirulina Market: Impact Analysis of Market Restraints, (2021-2028)
Table 13 Comparative Features of Microalgae Cultivation Approaches
Table 14 Characteristics of Four Promising PBRs
Table 15 Production Cost and Specific Energy Consumption for Spirulina Cultivation in Open Ponds and PBR for Different Productivities
Table 16 Global Spirulina Market Size, by Distribution Channel, 2019-2028 (USD Million)
Table 17 Global Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 18 Spirulina Market Size for Business Channel, by Country/Region, 2019-2028, (USD Thousands)
Table 19 Spirulina Market Size for Business Channel, by Country/Region, 2019-2028 (Ton)
Table 20 Spirulina Market Size for Consumer Channel, by Country/Region, 2019-2028, (USD Thousands)
Table 21 Spirulina Market Size for Consumer Channel, by Country/Region, 2019-2028 (Ton)
Table 22 Global Spirulina Market Size, by Product Type, 2019-2028 (USD Million)
Table 23 Global Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 24 Spirulina Powder Market Size, by Country/Region, 2019-2028 (USD Thousands)
Table 25 Spirulina Powder Market Size, by Country/Region, 2019-2028 (Ton)
Table 26 Spirulina Tablets Market Size, by Country/Region, 2019-2028 (USD Thousands)
Table 27 Spirulina Tablets Market Size, by Country/Region, 2019-2028 (Ton)
Table 28 Spirulina Capsules Market Size, by Country/Region, 2019-2028 (USD Thousands)
Table 29 Spirulina Capsules Market Size, by Country/Region, 2019-2028 (Ton)
Table 30 Spirulina Flakes Market Size, by Country/Region, 2019-2028 (USD Thousands)
Table 31 Spirulina Flakes Market Size, by Country/Region, 2019-2028 (Ton)
Table 32 Phycocyanin Extracts Market Size, by Country/Region, 2019-2028 (USD Thousands)
Table 33 Phycocyanin Extracts Market Size, by Country/Region, 2019-2028 (Ton)
Table 34 Frozen Spirulina Market Size, by Country/Region, 2019-2028 (USD Thousands)
Table 35 Frozen Spirulina Market Size, by Country/Region, 2019-2028 (Ton)
Table 36 Global Spirulina Market Size, by Application, 2019-2028 (USD Million)
Table 37 Global Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 38 Nutritional Profile of Spirulina Powder from Various Companies
Table 39 Spirulina Market Size for Nutraceuticals, by Country/Region, 2019-2028, (USD Thousands)
Table 40 Spirulina Market Size for Nutraceuticals, by Country/Region, 2019-2028 (Ton)
Table 41 Comparison of Protein Content of Other Foods With Spirulina
Table 42 Spirulina Market Size for Food and Beverage, by Country/Region, 2019-2028, (USD Thousands)
Table 43 Spirulina Market Size for Food and Beverage, by Country/Region, 2019-2028 (Ton)
Table 44 Spirulina Market Size for Animal Feed, by Country/Region, 2019-2028, (USD Thousands)
Table 45 Spirulina Market Size for Animal Feed, by Country/Region, 2019-2028 (Ton)
Table 46 Spirulina Market Size for Cosmetics, by Country/Region, 2019-2028, (USD Thousands)
Table 47 Spirulina Market Size for Cosmetics, by Country/Region, 2019-2028 (Ton)
Table 48 Spirulina Market Size for Agriculture, by Country/Region, 2019-2028, (USD Thousands)
Table 49 Spirulina Market Size for Agriculture, by Country/Region, 2019-2028 (Ton)
Table 50 Spirulina Market Size, by Region, 2019-2028 (USD Million)
Table 51 Spirulina Market Size, by Region, 2019-2028 (Ton)
Table 52 Some of the Key Buyers of Spirulina in North America
Table 53 North America: Spirulina Market Size, by Country, 2019-2028 (USD Thousand)
Table 54 North America: Spirulina Market Size, by Country, 2019-2028 (Ton)
Table 55 North America: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Million)
Table 56 North America: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 57 North America: Spirulina Market Size, by Product Type, 2019-2028 (USD Million)
Table 58 North America: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 59 North America: Spirulina Market Size, by Application, 2019-2028, (USD Thousand)
Table 60 North America: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 61 U.S.: Spirulina Market Size, by Distribution Channel, 2019-2028 (USD Thousand)
Table 62 U.S.: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 63 U.S.: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 64 U.S.: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 65 U.S.: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 66 U.S.: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 67 Canada: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 68 Canada: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 69 Canada: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 70 Canada: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 71 Canada: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 72 Canada: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 73 Key Buyers of Spirulina in Europe
Table 74 Some of the Spirulina Producers in Europe
Table 75 Europe: Spirulina Market Size, by Country, 2019-2028 (USD Million)
Table 76 Europe: Spirulina Market Size, by Country, 2019-2028 (Ton)
Table 77 Europe: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 78 Europe: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 79 Europe: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 80 Europe: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 81 Europe: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 82 Europe: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 83 Some of the Spirulina Producers in France
Table 84 France: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 85 France: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 86 France: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 87 France: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 88 France: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 89 France: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 90 Overview of German Stakeholders Active in the Broader Algae Area
Table 91 Germany: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 92 Germany: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 93 Germany: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 94 Germany: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 95 Germany: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 96 Germany: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 97 U.K.: Spirulina Market Size, by Distribution Channel, 2019-2028 (USD Thousand)
Table 98 U.K: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 99 U.K: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 100 U.K: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 101 U.K: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 102 U.K: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 103 Some of the Spirulina Producers in Italy
Table 104 Italy: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 105 Italy: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 106 Italy: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 107 Italy: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 108 Italy: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 109 Italy: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 110 Some of the Spirulina Producers in Spain
Table 111 Spain: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 112 Spain: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 113 Spain: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 114 Spain: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 115 Spain: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 116 Spain: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 117 Netherlands: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 118 Netherlands: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 119 Netherlands: Spirulina Market Size, by Product Type, 2019-2028, (USD Thousand)
Table 120 Netherlands: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 121 Netherlands: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 122 Netherlands: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 123 Rest of Europe: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 124 Rest of Europe: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 125 Rest of Europe: Spirulina Market Size, by Product Type, 2019-2028, (USD Thousand)
Table 126 Rest of Europe: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 127 Rest of Europe: Spirulina Market Size, by Application, 2019-2028, (USD Thousand)
Table 128 Rest of Europe: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 129 Some of the Key Buyers of Spirulina in Asia-Pacific
Table 130 Asia-Pacific: Spirulina Market Size, by Country, 2019-2028 (USD Million)
Table 131 Asia-Pacific: Spirulina Market Size, by Country, 2019-2028 (Ton)
Table 132 Asia-Pacific: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 133 Asia-Pacific: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 134 Asia-Pacific: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 135 Asia-Pacific: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 136 Asia-Pacific: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 137 Asia-Pacific: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 138 China: Spirulina Producers
Table 139 China: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 140 China: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 141 China: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 142 China: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 143 China: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 144 China: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 145 India: Spirulina Producers
Table 146 India: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 147 India: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 148 India: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 149 India: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 150 India: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 151 India: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 152 Japan: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 153 Japan: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 154 Japan: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 155 Japan: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 156 Japan: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 157 Japan: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 158 Australia: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 159 Australia: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 160 Australia: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 161 Australia: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 162 Australia: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 163 Australia: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 164 Thailand: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 165 Thailand: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 166 Thailand: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 167 Thailand: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 168 Thailand: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 169 Thailand: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 170 Rest of Asia-Pacific: Spirulina Market Size, by Distribution Channel, 2019-2028 (USD Thousand)
Table 171 Rest of Asia-Pacific: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 172 Rest of Asia-Pacific: Spirulina Market Size, by Product Type, 2019-2028, (USD Thousand)
Table 173 Rest of Asia-Pacific: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 174 Rest of Asia-Pacific: Spirulina Market Size, by Application, 2019-2028, (USD Thousand)
Table 175 Rest of Asia-Pacific: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 176 Latin America: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 177 Latin America: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 178 Latin America: Spirulina Market Size, by Product Type, 2019-2028, (USD Thousand)
Table 179 Latin America: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 180 Latin America: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 181 Latin America: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 182 Brazil: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 183 Brazil: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 184 Brazil: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 185 Brazil: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 186 Brazil: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 187 Brazil: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 188 Mexico: Spirulina Market Size, by Distribution Channel, 2019-2028, (USD Thousand)
Table 189 Mexico: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 190 Mexico: Spirulina Market Size, by Product Type, 2019-2028 (USD Thousand)
Table 191 Mexico: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 192 Mexico: Spirulina Market Size, by Application, 2019-2028 (USD Thousand)
Table 193 Mexico: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 194 Rest of Latin America: Spirulina Market Size, by Distribution Channel, 2019-2028 (USD Thousand)
Table 195 Rest of Latin America: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 196 Rest of Latin America: Spirulina Market Size, by Product Type, 2019-2028, (USD Thousand)
Table 197 Rest of Latin America: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 198 Rest of Latin America: Spirulina Market Size, by Application, 2019-2028, (USD Thousand)
Table 199 Rest of Latin America: Spirulina Market Size, by Application, 2019-2028 (Ton)
Table 200 Middle East & Africa: Spirulina Market Size, by Distribution Channel, 2019-2028 (USD Thousand)
Table 201 Middle East & Africa: Spirulina Market Size, by Distribution Channel, 2019-2028 (Ton)
Table 202 Middle East & Africa: Spirulina Market Size, by Product Type, 2019-2028, (USD Thousand)
Table 203 Middle East & Africa: Spirulina Market Size, by Product Type, 2019-2028 (Ton)
Table 204 Middle East & Africa: Spirulina Market Size, by Application, 2019-2028, (USD Thousand)
Table 205 Middle East & Africa: Spirulina Market Size, by Application, 2019-2028 (Ton)
List of Figures
Figure 1 Key Stakeholders
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 7 Market Size Estimation
Figure 8 Business Channel to Dominate the Spirulina Market by 2028
Figure 9 Phycocyanin Extract Segment to Register the Highest Cagr During the Forecast Period
Figure 10 the Nutraceuticals Segment to Dominate the Spirulina Market by 2028
Figure 11 North America Dominates the Overall Spirulina Market, While Europe Leads in Growth
Figure 12 Benefits of Consuming 5-10 Grams of Spirulina Every Day
Figure 13 Most Common Formulations of Spirulina
Figure 14 Value-Chain for Spirulina
Figure 15 Market Dynamics
Figure 16 Nutrient Profile of Spirulina Vs. Other Foods
Figure 17 Top Ten Countries with the Highest Rate of Vegetarianism, 2020 (%)
Figure 18 Force Field Analysis of Spirulina Market
Figure 19 Global Spirulina Market Size, by Distribution Channel, 2021-2028 (USD Million)
Figure 20 Business Channel of Spirulina
Figure 21 Consumer Channel of Spirulina
Figure 22 Global Spirulina Market Size, by Product Type, 2021-2028 (USD Million)
Figure 23 Global Spirulina Market Size, by Application, 2021-2028 (USD Million)
Figure 24 Examples of Spirulina Products in the Nutraceuticals Market
Figure 25 Examples of Spirulina-Based Food & Beverages Products
Figure 26 Examples of Spirulina-Based Animal Feed Products
Figure 27 Examples of Spirulina-Based Cosmetic Products
Figure 28 Possible Effect of Spirulina Extract in Agriculture
Figure 29 Spirulina-Based Agriculture Products
Figure 30 Spirulina Market Size, by Region, 2021-2028 (USD Million)
Figure 31 Number of Children Under 5 Years Who Are Stunted, by Region, 2000 and 2018
(in Million)
Figure 32 E.I.D. - Parry (India) Limited: Financial Overview (2020)
Figure 33 Cyanotech Corporation: Financial Overview (2020)
Note: Product cover images may vary from those shown

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  • Earthrise Nutritional LLC
  • DIC Corporation
  • Yunnan Green A Bio-engineering Co. Ltd
  • Algene Biotech
  • Tianjin Norland Biotech Co. Ltd.
  • Cyanotech Corporation
  • E.I.D. Parry Ltd.
  • Far East Biotech Co. Ltd.
  • Fuqing King Dnarmsa Spirulina Co. Ltd.
  • Dongtai City Spirulina Bio-engineering Co. Ltd.
  • Australian Spirulina
Note: Product cover images may vary from those shown
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