Spirulina Extracts - Global Strategic Business Report

Global Spirulina Extracts Market to Reach $1.1 Billion by 2030

The global market for Spirulina Extracts estimated at US$513.5 Million in the year 2022, is projected to reach a revised size of US$1.1 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2022-2030. Arthrospira Platensis, one of the segments analyzed in the report, is projected to record 10.1% CAGR and reach US$690.2 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Arthrospira Maxima segment is readjusted to a revised 8.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $152.8 Million, While China is Forecast to Grow at 8.6% CAGR

The Spirulina Extracts market in the U.S. is estimated at US$152.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$177.9 Million by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

Select Competitors (Total 34 Featured) -

• 8Greens
• AlgaeArt Smart
• Cheng Hai Bao ER
• Cyanotech Corporation
• DDW The Colour House
• DIC Corporation
• Dongtai City Spirulina Bio-engineering Co., Ltd.
• Earth Rise Nutritionals, LLC
• EnerGaia Pte. Ltd.
• ForeLight, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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