Spirulina Market Size, Share, By Form, Application, Distribution Channel, and Region - Trends, Analysis, and Forecast till 2035

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Spirulina is a nutrient rich blue green microalgae known for its protein content, including essential vitamins, minerals, and antioxidants. The focused market has seen exponential growth in recent years driven by the increasing consumer awareness about health and wellness and the rising demand for plant based and natural products.

Spirulina Market Report Highlights:

• By 2035, the spirulina market size is expected to reach USD 1634.8 million.
• In 2024, the market was valued at USD 641.5 million.
• The target market is growing at a CAGR of 10.8%.
• North America held the largest share of the market in 2024.
• Asia Pacific is expected to be the fastest-growing market during the forecast period.
• By form, the powder segment is expected to account for the largest market share during the forecast period.
• Based on application, the food and beverage segment is leading the market.
• On the basis of distribution channel, the market is dominated by the offline segment.

Key Highlights:

• In November 2024, Reliance Retail’s multi-brand beauty business Tira launched a flagship luxury beauty store in Mumbai’s Jio World Plaza mall measuring over 6,200 square feet and housing 15 shop-in-shop boutiques for premium global beauty, skincare, and fragrance brands. The store’s Tira Cafe mixes refreshment with beauty by offering collagen and spirulina infused drinks along with small bites and transforms into a champagne bar for special occasions.
• In May 2024, Zinzino, the global health and wellness brand from Scandinavia, has acquired, through a business asset acquisition, the rights to the distributor database and associated customer register, inventory, and intellectual property of the Luxembourg-based direct sales company Xellis. This is a further strategically important step in Zinzino's growth plans, focusing on improving personal health and well-being on a global level with innovative biotechnology and a groundbreaking product portfolio marketed through direct sales.

Browse ∼37 market data tables and ∼39 figures through ∼178 slides and in-depth TOC on “Spirulina Market Size, Share, By Form, Application, Distribution Channel, and Region - Trends, Analysis, and Forecast till 2035”

Spirulina Market Competitive Landscape:

The major players operating in the spirulina market are Cyanotech Corporation, DIC Corporation, Dongtai City Spirulina Bio-engineering Co., Ltd., Algenol Biofuels Inc., Prolgae Spirulina Supplies Pvt. Ltd., Sensient Technologies Corporation, E.I.D. Parry Limited, DDW Inc., Givaudan International SA, Cabassi & Giuriati SpA, Echlorial, Naturex S.A., Algatec, Spirulina Viva, and Aurospirul.

Segmentation:

By Form:

• Powder
• Tablets
• Capsules
• Flakes
• Other Forms

By Application:

• Food and Beverages
• Nutraceuticals
• Cosmetics and Personal Care
• Animal Feed
• Others

By Distribution Channel:

• Online
• E-commerce Platforms
• Brand Websites
• Others
• Offline
• Supermarkets/Hypermarkets
• Health Food Stores
• Specialty Shops
• Others

By Region:

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• Indonesia
• Malaysia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Middle East & Africa
• GCC
• Israel
• South Africa
• Rest of Middle East & Africa