Spirulina Market by Type (Arthrospira Maxima, Arthrospira Platensis), Drug Formulation (Granule & Gelling Agent, Liquid, Powder), Application - Global Forecast 2024-2030

Spirulina Market by Type (Arthrospira Maxima, Arthrospira Platensis), Drug Formulation (Granule & Gelling Agent, Liquid, Powder), Application - Global Forecast 2024-2030


The Spirulina Market size was estimated at USD 389.98 million in 2023 and expected to reach USD 419.91 million in 2024, at a CAGR 7.77% to reach USD 658.49 million by 2030.

Global Spirulina Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Spirulina Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Spirulina Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Spirulina Market, highlighting leading vendors and their innovative profiles. These include Algenol Biofuels Inc., Australian Spirulina, Cabassi & Giuriati SpA, Chr. Hansen Holding A/S, DDW The Color House, DIC Corporation, Dongtai City Spirulina Bio-engineering Co., Ltd, DÖHLER GmbH, Earthrise Nutritionals, LLC, Fuqing King Dnarmsa Spirulina Co. Ltd, GNC Holdings, Inc., GNT Holding B.V., Inner Mongolia Rejuve Biotech Co. Ltd., Naturex S.A, and Now Health Group Inc..

Market Segmentation & Coverage



This research report categorizes the Spirulina Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Arthrospira Maxima
Arthrospira Platensis
Drug Formulation
Granule & Gelling Agent
Liquid
Powder
Tablet & Capsule
Application
Animal Feed
Cosmetics
Food & Beverages
Nutraceuticals
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Spirulina Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Spirulina Market?
3. What are the technology trends and regulatory frameworks in the Spirulina Market?
4. What is the market share of the leading vendors in the Spirulina Market?
5. Which modes and strategic moves are suitable for entering the Spirulina Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Spirulina Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Awareness of natural health benefits of spirulina superfood
5.1.1.2. Importance of Spirulina in cancer treatment
5.1.1.3. High demand for cyanobacteria for weight reduction and personal care
5.1.2. Restraints
5.1.2.1. High cost of spirulina
5.1.3. Opportunities
5.1.3.1. Government initiatives for increasing the production of spirulina
5.1.3.2. Introduction of new varieties of natural food colors produced from spirulina
5.1.4. Challenges
5.1.4.1. Risk of side effects of overconsumption of spirulina
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Spirulina Market, by Type
6.1. Introduction
6.2. Arthrospira Maxima
6.3. Arthrospira Platensis
7. Spirulina Market, by Drug Formulation
7.1. Introduction
7.2. Granule & Gelling Agent
7.3. Liquid
7.4. Powder
7.5. Tablet & Capsule
8. Spirulina Market, by Application
8.1. Introduction
8.2. Animal Feed
8.3. Cosmetics
8.4. Food & Beverages
8.5. Nutraceuticals
9. Americas Spirulina Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Spirulina Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Spirulina Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Algenol Biofuels Inc.
13.1.2. Australian Spirulina
13.1.3. Cabassi & Giuriati SpA
13.1.4. Chr. Hansen Holding A/S
13.1.5. DDW The Color House
13.1.6. DIC Corporation
13.1.7. Dongtai City Spirulina Bio-engineering Co., Ltd
13.1.8. DÖHLER GmbH
13.1.9. Earthrise Nutritionals, LLC
13.1.10. Fuqing King Dnarmsa Spirulina Co. Ltd
13.1.11. GNC Holdings, Inc.
13.1.12. GNT Holding B.V.
13.1.13. Inner Mongolia Rejuve Biotech Co. Ltd.
13.1.14. Naturex S.A
13.1.15. Now Health Group Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. SPIRULINA MARKET RESEARCH PROCESS
FIGURE 2. SPIRULINA MARKET SIZE, 2023 VS 2030
FIGURE 3. SPIRULINA MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SPIRULINA MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. SPIRULINA MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SPIRULINA MARKET DYNAMICS
FIGURE 7. SPIRULINA MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. SPIRULINA MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. SPIRULINA MARKET SIZE, BY DRUG FORMULATION, 2023 VS 2030 (%)
FIGURE 10. SPIRULINA MARKET SIZE, BY DRUG FORMULATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. SPIRULINA MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. SPIRULINA MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS SPIRULINA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS SPIRULINA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES SPIRULINA MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES SPIRULINA MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC SPIRULINA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC SPIRULINA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA SPIRULINA MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA SPIRULINA MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. SPIRULINA MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. SPIRULINA MARKET SHARE, BY KEY PLAYER, 2023

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