Market Research Future Insights
According to MRFR analysis, the Global Spirulina Market is expected to register a CAGR of~9.28% from 2022 to 2030 and hold a value of over USD 1.14 billion by 2030.
The Global Spirulina Market refers to the worldwide market for the production, distribution, and consumption of spirulina, a type of blue-green algae that is widely recognized for its nutritional value and potential health benefits. Spirulina is cultivated and harvested for various applications, including dietary supplements, functional foods, animal feed, cosmetics, and pharmaceuticals. The market is driven by the rising demand for natural and plant-based food ingredients, growing health-conscious consumer preferences, and the expanding applications of spirulina in different industries.
Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1321
The COVID-19 pandemic had significant impacts on the global spirulina market. The pandemic has heightened consumer awareness about the importance of maintaining good health and boosting immunity. Spirulina, known for its high nutritional content and potential immune-boosting properties, has witnessed increased demand as consumers sought out natural and healthy products.
Key Players
Some of the key market players are D. Parry Limited (India), Jiangxi Alga Biotech, DIC Corporation, Tianjin Norland Biotech Co. Ltd., Cyanotech Corporation, Hydrolina Biotech Private Limited, DIC Corporation
Market Segmentation
The Global Spirulina Market has been segmented into type and application.
Based on the type, the market has been segmented into arthrospira platensis and arthrospira maxima.
Based on the application, the market has been segmented into food & beverage and dietary supplements and cosmetics and personal care.
Regional Analysis
Asia-Pacific is the largest region in the global spirulina market. Asia-Pacific has a significant share of spirulina production capacity globally. Countries like China and India have large-scale commercial spirulina farms and favorable climatic conditions for cultivation. These countries contribute significantly to the overall production volume of spirulina.
Buy This Report (115 Pages PDF with Insights, Charts, Tables, and Figures):
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=1321
The region has a large population base, and there is increasing consumer awareness about the health benefits of spirulina. Rising disposable incomes, changing dietary preferences, and a growing emphasis on natural and plant-based products have fueled the demand for spirulina in various applications, including food, nutraceuticals, and cosmetics.
Related reports:
Gluten-Free Foods & Beverages Market Research Report Information By Type (Alcoholic Beverages, Non-Alcoholic Beverages), By Packaging Material (Paper, Plastic, Metal, Others), By Distribution Channel (Store Based, Non-Store Based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2030
Natural Food Color Ingredients Market Research Report Information- by Ingredients Type (Cartenoids, Anthocyanin, Paprika Extract, Curcumin, Chlorophyll, Spirulina and others), by Application (Beverages, Bakery & Confectionery, Dairy Products, Meat Products, Savory & Snacks and others), by Form (Liquid, Gel, Powder, Paste), by Solubility (Dyes, Lakes) and by Region – Forecast to 2030
About Market Research Future:
Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions.