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The publisher has been monitoring the spirulina market and it is poised to grow by $ 250.67 mn during 2022-2026, progressing at a CAGR of 9.24% during the forecast period. Our report on the spirulina market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the health benefits associated with spirulina products and the growing demand for plant-based lipids and proteins. In addition, the health benefits associated with spirulina products is anticipated to boost the growth of the market as well.
The spirulina market analysis includes the application segment and geographic landscape.
The publisher's spirulina market is segmented as below:
By Application
- Nutraceuticals
- Food and beverages
- Animal feed and pet food
- Cosmetics
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- MEA
This study identifies the increasing support from governments worldwide for the production and application of spirulina products as one of the prime reasons driving the spirulina market growth during the next few years.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on spirulina market covers the following areas:
- Spirulina market sizing
- Spirulina market forecast
- Spirulina market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spirulina market vendors that include C.B.N. Bio-engineering Co. Ltd., Cyanotech Corp., DIC Corp., Far East Microalgae Industries Co. Ltd., Givaudan SA, Murugappa Group, Qingdao Haizhijiao Biotechnology Co. Ltd., Sensient Technologies Corp., Yunnan Green A Biological Project Co. Ltd., and Zhejiang Comp Spirulina Co. Ltd. Also, the spirulina market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes the publisher's Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- C.B.N. Bio-engineering Co. Ltd.
- Cyanotech Corp.
- DIC Corp.
- Far East Microalgae Industries Co. Ltd.
- Givaudan SA
- Murugappa Group
- Qingdao Haizhijiao Biotechnology Co. Ltd.
- Sensient Technologies Corp.
- Yunnan Green A Biological Project Co. Ltd.
- Zhejiang Comp Spirulina Co. Ltd.
