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Spirulina Extract - Global Market Trajectory & Analytics

  • ID: 5309829
  • Report
  • April 2021
  • Region: Global
  • 136 pages
  • Global Industry Analysts, Inc
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Global Spirulina Extract Market to Reach $270.1 Million by 2027

Amid the COVID-19 crisis, the global market for Spirulina Extract estimated at US$155.4 Million in the year 2020, is projected to reach a revised size of US$270.1 Million by 2027, growing at a CAGR of 8.2% over the analysis period 2020-2027. Nutraceuticals and Dietary Supplements, one of the segments analyzed in the report, is projected to record a 8.7% CAGR and reach US$104 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Natural Food Colorant for Confectionery segment is readjusted to a revised 9.1% CAGR for the next 7-year period.



The U.S. Market is Estimated at $46 Million, While China is Forecast to Grow at 7.7% CAGR

The Spirulina Extract market in the U.S. is estimated at US$46 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$46.9 Million by the year 2027 trailing a CAGR of 7.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 6.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Cosmetics Segment to Record 8.1% CAGR

In the global Cosmetics segment, USA, Canada, Japan, China and Europe will drive the 8.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.1 Million in the year 2020 will reach a projected size of US$12.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$31.1 Million by the year 2027.

Select Competitors (Total 43 Featured):
  • Aller Aqua Group
  • Chr. Hansen Holdings A/S
  • Cyanotech Corporation
  • DDW The Colour House
  • DIC Corporation
  • Dohler GmbH
  • Dongtai City Spirulina Bio-engineering Co., Ltd.
  • Fiorio Colori S.r.l.
  • FMC Corporation
  • Foodicine
  • Hydrolina Biotech Private Limited
  • Naturex SA
  • Royal DSM NV
  • Sensient Technologies Corporation
Note: Product cover images may vary from those shown
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I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Spirulina Extract by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Spirulina Extract by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Spirulina Extract by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
  • Table 4: World Current & Future Analysis for Nutraceuticals and Dietary Supplements by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Nutraceuticals and Dietary Supplements by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Nutraceuticals and Dietary Supplements by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 7: World Current & Future Analysis for Natural Food Colorant for Confectionery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Natural Food Colorant for Confectionery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Natural Food Colorant for Confectionery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 10: World Current & Future Analysis for Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 13: World Current & Future Analysis for Bio Fertilizers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Bio Fertilizers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Bio Fertilizers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
  • Table 16: World Current & Future Analysis for Aquaculture Feed by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Aquaculture Feed by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Aquaculture Feed by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 19: USA Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 20: USA Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 21: USA 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • CANADA
  • Table 22: Canada Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 23: Canada Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 24: Canada 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • JAPAN
  • Table 25: Japan Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 26: Japan Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 27: Japan 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • CHINA
  • Table 28: China Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 29: China Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 30: China 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • EUROPE
  • Table 31: Europe Current & Future Analysis for Spirulina Extract by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
  • Table 32: Europe Historic Review for Spirulina Extract by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 33: Europe 15-Year Perspective for Spirulina Extract by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2020 & 2027
  • Table 34: Europe Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 35: Europe Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 36: Europe 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • FRANCE
  • Table 37: France Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 38: France Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 39: France 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • GERMANY
  • Table 40: Germany Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 41: Germany Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 42: Germany 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • ITALY
  • Table 43: Italy Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 44: Italy Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 45: Italy 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • UNITED KINGDOM
  • Table 46: UK Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 47: UK Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 48: UK 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • REST OF EUROPE
  • Table 49: Rest of Europe Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 50: Rest of Europe Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 51: Rest of Europe 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • ASIA-PACIFIC
  • Table 52: Asia-Pacific Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 53: Asia-Pacific Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 54: Asia-Pacific 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
  • REST OF WORLD
  • Table 55: Rest of World Current & Future Analysis for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed - Independent Analysis of Annual Sales in US$ for the Years 2020 through 2027 and % CAGR
  • Table 56: Rest of World Historic Review for Spirulina Extract by End-Use - Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed Markets - Independent Analysis of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
  • Table 57: Rest of World 15-Year Perspective for Spirulina Extract by End-Use - Percentage Breakdown of Value Sales for Nutraceuticals and Dietary Supplements, Natural Food Colorant for Confectionery, Cosmetics, Bio Fertilizers and Aquaculture Feed for the Years 2012, 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 43
Note: Product cover images may vary from those shown
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