Global Market Study on Spirulina: Versatility and Wide Applicability of Spirulina across the Food and Beverage Sector to Gain Traction in the Forecast Duration

Publish Date: Jan 2023

Report Code: PMR535B

Publisher: Persistence Market Research

Single User License: $4900

Explore Our Services

Already a member? Login here.

Report Highlights

Spirulina Market: Report Scope

A latest market report by Persistence Market Research on the global spirulina market evaluates the opportunities and current market scenario, providing insights and updates about corresponding segments involved in the market for the forecast period of 2023-2033. The report provides detailed assessment of key market dynamics, and comprehensive information about the structure of the market. This study contains detailed insights into how the market is anticipated to grow during the forecast period of 2023-2033.

The primary objective of the report is to provide insights regarding opportunities in the market that are supporting the transformation of global businesses associated with spirulina. It is very important to consider that, in an ever-wavering economy, we provide estimated (Y-o-Y) year-on-year growth rate in addition to compound annual growth rate (CAGR) for overall forecasts, to enable readers better understand the analysis and evaluation of the market, and to discover lucrative opportunities in this space.

This report also provides an estimate of market size and corresponding revenue forecasts carried out in terms of absolute $ opportunity. It also offers actionable insights based on the future trends in the market. Furthermore, new and emerging players in the global spirulina market can make use of the information presented in the study for effective business decisions, which will provide momentum to their businesses as well as the global market.

The study is relevant for manufacturers, suppliers, distributors, and investors in the spirulina market. All stakeholders, as well as industry experts, researchers, journalists, and business researchers can leverage the information and data represented in the report.

Key Market Segments

Persistence Market Research’s report on the global spirulina market offers information divided into four segments -nature, form, end use and region.

Nature

  • Organic
  • Conventional

Form

  • Powder
  • Tablets & Capsules
  • Liquid
  • Others

End Use

  • Nutraceutical
  • Food & Beverage Industry
  • Animal Feed
  • Cosmetics
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

Key Questions Answered in Study

  • Which region will hold the highest market share over the forecast period?
  • Which region is experiencing the highest growth (CAGR)?
  • Which factors are impacting the global spirulina market?
  • What are the global trends impacting the market?
  • What strategies must emerge players adopt to capture opportunities in various regions in the market?
  • What is the structure of the global spirulina market?

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2033
Units considered $ Million
Segments covered By Nature, By Form, By End Use , By Region.
Industry covered Food and Beverages
Countries covered North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa
Companies studied
  • Cyanotech Corp.,
  • NUA Naturals,
  • Australian Spirulina,
  • DDW Inc.,
  • DIC Corporation,
  • Chr. Hansen A/S,
  • Prolgae Spirulina Supplies Pvt. Ltd.,
  • Dongtai City Spirulina Bio-Engineering Co., Ltd.,
  • NB Laboratories Pvt. Ltd.,
  • Wellisen and Others.

Research Methodology

Persistence Market Research is committed to providing unbiased market research solutions to its clients. The company follows a robust methodology for the deduction of data included in this report. A unique research methodology is utilized to conduct extensive research on the global spirulina market, and reach conclusions about the future growth factors of the market. The research methodology comprises primary research methods coupled with secondary research methods, which ensures the accuracy and reliability of the conclusions in this report.

A demand-side approach is followed to estimate the sales of target products, followed by an in-depth supply-side assessment of value generated, key trends, and events over a predefined period. This methodology is based on standard market structures, methods, and definitions that are based on inputs from local sources in over six regions - North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa which Persistence Market Research considers for segmenting the global market. Statistics, characteristics, and variances are collected at a regional level, aggregated at the same level, and then synthesized at a worldwide level, to create global market measurements. Our main sources of research include:

  • Primary Research
  • Secondary Research
  • Trade Research
  • Social Media Research
  • Table 1 : Global Spirulina Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 2 : Global Spirulina Market Volume (MT) Analysis and Forecast by Nature, 2018–2033
  • Table 3 : Global Spirulina Market Value (US$ Mn) Analysis and Forecast by Form, 2018–2033
  • Table 4 : Global Spirulina Market Volume (Tons) Analysis and Forecast by Form, 2018–2033
  • Table 5 : Global Spirulina Market Value (US$ Mn) Analysis and Forecast by End Use, 2018–2033
  • Table 6 : Global Spirulina Market Volume (Tons) Analysis and Forecast by End Use, 2018–2033
  • Table 7 : Global Spirulina Market Value (US$ Mn) Analysis and Forecast by Segment, 2018–2033
  • Table 8 : Global Spirulina Market Volume (Tons) Analysis and Forecast by Segment, 2018–2033
  • Table 9 : Global Spirulina Market Value (US$ Mn) Analysis and Forecast by Region, 2018–2033
  • Table 10 : Global Spirulina Market Volume (Tons) Analysis and Forecast by Region, 2018–2033
  • Table 11 : North America Spirulina Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 12 : North America Spirulina Market Volume (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 13 : North America Spirulina Market Value (US$ Mn) Analysis and Forecast by Form, 2018–2033
  • Table 14 : North America Spirulina Market Volume (Tons) Analysis and Forecast by Form, 2018–2033
  • Table 15 : North America Spirulina Market Value (US$ Mn) Analysis and Forecast by End Use, 2018–2033
  • Table 16 : North America Spirulina Market Volume (Tons) Analysis and Forecast by End Use, 2018–2033
  • Table 17 : North America Spirulina Market Value (US$ Mn) Analysis and Forecast by Segment, 2018–2033
  • Table 18 : North America Spirulina Market Volume (Tons) Analysis and Forecast by Segment, 2018–2033
  • Table 19 : North America Spirulina Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
  • Table 20 : North America Spirulina Market Volume (Tons) Analysis and Forecast by Country, 2018–2033
  • Table 21 : Latin America Spirulina Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 22 : Latin America Spirulina Market Volume (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 23 : Latin America Spirulina Market Value (US$ Mn) Analysis and Forecast by Form, 2018–2033
  • Table 24 : Latin America Spirulina Market Volume (Tons) Analysis and Forecast by Form, 2018–2033
  • Table 25 : Latin America Spirulina Market Value (US$ Mn) Analysis and Forecast by End Use, 2018–2033
  • Table 26 : Latin America Spirulina Market Volume (Tons) Analysis and Forecast by End Use, 2018–2033
  • Table 27 : Latin America Spirulina Market Value (US$ Mn) Analysis and Forecast by Segment, 2018–2033
  • Table 28 : Latin America Spirulina Market Volume (Tons) Analysis and Forecast by Segment, 2018–2033
  • Table 29 : Latin America Spirulina Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
  • Table 30 : Latin America Spirulina Market Volume (Tons) Analysis and Forecast by Country, 2018–2033
  • Table 31 : Europe Spirulina Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 32 : Europe Spirulina Market Volume (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 33 : Europe Spirulina Market Value (US$ Mn) Analysis and Forecast by Form, 2018–2033
  • Table 34 : Europe Spirulina Market Volume (Tons) Analysis and Forecast by Form, 2018–2033
  • Table 35 : Europe Spirulina Market Value (US$ Mn) Analysis and Forecast by End Use, 2018–2033
  • Table 36 : Europe Spirulina Market Volume (Tons) Analysis and Forecast by End Use, 2018–2033
  • Table 37 : Europe Spirulina Market Value (US$ Mn) Analysis and Forecast by Segment, 2018–2033
  • Table 38 : Europe Spirulina Market Volume (Tons) Analysis and Forecast by Segment, 2018–2033
  • Table 39 : Europe Spirulina Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
  • Table 40 : Europe Spirulina Market Volume (Tons) Analysis and Forecast by Country, 2018–2033
  • Table 41 : South Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 42 : South Asia Spirulina Market Volume (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 43 : South Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by Form, 2018–2033
  • Table 44 : South Asia Spirulina Market Volume (Tons) Analysis and Forecast by Form, 2018–2033
  • Table 45 : South Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by End Use, 2018–2033
  • Table 46 : South Asia Spirulina Market Volume (Tons) Analysis and Forecast by End Use, 2018–2033
  • Table 47 : South Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by Segment, 2018–2033
  • Table 48 : South Asia Spirulina Market Volume (Tons) Analysis and Forecast by Segment, 2018–2033
  • Table 49 : South Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
  • Table 50 : South Asia Spirulina Market Volume (Tons) Analysis and Forecast by Country, 2018–2033
  • Table 51 : East Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 52 : East Asia Spirulina Market Volume (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 53 : East Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by Form, 2018–2033
  • Table 54 : East Asia Spirulina Market Volume (Tons) Analysis and Forecast by Form, 2018–2033
  • Table 55 : East Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by End Use, 2018–2033
  • Table 56 : East Asia Spirulina Market Volume (Tons) Analysis and Forecast by End Use, 2018–2033
  • Table 57 : East Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by Segment, 2018–2033
  • Table 58 : East Asia Spirulina Market Volume (Tons) Analysis and Forecast by Segment, 2018–2033
  • Table 59 : East Asia Spirulina Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
  • Table 60 : East Asia Spirulina Market Volume (Tons) Analysis and Forecast by Country, 2018–2033
  • Table 61 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 62 : Middle East & Africa Spirulina Market Volume (US$ Mn) Analysis and Forecast by Nature, 2018–2033
  • Table 63 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis and Forecast by Form, 2018–2033
  • Table 64 : Middle East & Africa Spirulina Market Volume (Tons) Analysis and Forecast by Form, 2018–2033
  • Table 65 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis and Forecast by End Use, 2018–2033
  • Table 66 : Middle East & Africa Spirulina Market Volume (Tons) Analysis and Forecast by End Use, 2018–2033
  • Table 67 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis and Forecast by Segment, 2018–2033
  • Table 68 : Middle East & Africa Spirulina Market Volume (Tons) Analysis and Forecast by Segment, 2018–2033
  • Table 69 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis and Forecast by Country, 2018–2033
  • Table 70 : Middle East & Africa Spirulina Market Volume (Tons) Analysis and Forecast by Country, 2018–2033
  • Figure 1 : Global Spirulina Market Value (US$ Mn) Forecast, 2023–2033
  • Figure 2 : Global Spirulina Market Volume (Tons) Forecast, 2023–2033
  • Figure 3 : Global Spirulina Market Value Share Analysis by Nature, 2023 E
  • Figure 4 : Global Spirulina Market Y-o-Y Growth Rate by Nature, 2023–2033
  • Figure 5 : Global Spirulina Market Value (US$ Mn) Analysis & Forecast by Nature, 2023–2033
  • Figure 6 : Global Spirulina Market Volume (Tons) Analysis & Forecast by Nature, 2023–2033
  • Figure 7 : Global Spirulina Market Value Share Analysis by Form, 2023 E
  • Figure 8 : Global Spirulina Market Y-o-Y Growth Rate by Form, 2023–2033
  • Figure 9 : Global Spirulina Market Value (US$ Mn) Analysis & Forecast by Form, 2023–2033
  • Figure 10 : Global Spirulina Market Volume (Tons) Analysis & Forecast by Form, 2023–2033
  • Figure 11 : Global Spirulina Market Value Share Analysis by End Use, 2023 E
  • Figure 12 : Global Spirulina Market Y-o-Y Growth Rate by End Use, 2023–2033
  • Figure 13 : Global Spirulina Market Value (US$ Mn) Analysis & Forecast by End Use, 2023–2033
  • Figure 14 : Global Spirulina Market Volume (Tons) Analysis & Forecast by End Use, 2023–2033
  • Figure 15 : Global Spirulina Market Value Share Analysis by Region, 2023 E
  • Figure 16 : Global Spirulina Market Y-o-Y Growth Rate by Region, 2023–2033
  • Figure 17 : Global Spirulina Market Value (US$ Mn) Analysis & Forecast by Region, 2023–2033
  • Figure 18 : Global Spirulina Market Volume (Tons) Analysis & Forecast by Region, 2023–2033
  • Figure 19 : Global Spirulina Market Attractiveness Analysis by Region, 2023–2033
  • Figure 20 : Global Spirulina Market Attractiveness Analysis by Nature, 2023–2033
  • Figure 21 : Global Spirulina Market Attractiveness Analysis by Form, 2023–2033
  • Figure 22 : Global Spirulina Market Attractiveness Analysis by End Use, 2023–2033
  • Figure 23 : North America Spirulina Market Value (US$ Mn) Analysis & Forecast by Nature, 2023-2033
  • Figure 24 : North America Spirulina Market Volume (Tons) Analysis & Forecast by Nature, 2023-2033
  • Figure 25 : North America Spirulina Market Value (US$ Mn) Analysis & Forecast by Form, 2023-2033
  • Figure 26 : North America Spirulina Market Volume (Tons) Analysis & Forecast by Form, 2023-2033
  • Figure 27 : North America Spirulina Market Value (US$ Mn) Analysis & Forecast by End Use, 2023-2033
  • Figure 28 : North America Spirulina Market Volume (Tons) Analysis & Forecast by End Use, 2023-2033
  • Figure 29 : North America Spirulina Market Value (US$ Mn) Analysis & Forecast by Country, 2023-2033
  • Figure 30 : North America Spirulina Market Volume (Tons) Analysis & Forecast by Country, 2023-2033
  • Figure 31 : North America Spirulina Market Attractiveness Analysis by Country, 2023–2033
  • Figure 32 : North America Spirulina Market Attractiveness Analysis by Nature, 2023–2033
  • Figure 33 : North America Spirulina Market Attractiveness Analysis by Form, 2023–2033
  • Figure 34 : North America Spirulina Market Attractiveness Analysis by End Use, 2023–2033
  • Figure 35 : Latin America Spirulina Market Value (US$ Mn) Analysis & Forecast by Nature, 2023-2033
  • Figure 36 : Latin America Spirulina Market Volume (Tons) Analysis & Forecast by Nature, 2023-2033
  • Figure 37 : Latin America Spirulina Market Value (US$ Mn) Analysis & Forecast by Form, 2023-2033
  • Figure 38 : Latin America Spirulina Market Volume (Tons) Analysis & Forecast by Form, 2023-2033
  • Figure 39 : Latin America Spirulina Market Value (US$ Mn) Analysis & Forecast by End Use, 2023-2033
  • Figure 40 : Latin America Spirulina Market Volume (Tons) Analysis & Forecast by End Use, 2023-2033
  • Figure 41 : Latin America Spirulina Market Value (US$ Mn) Analysis & Forecast by Country, 2023-2033
  • Figure 42 : Latin America Spirulina Market Volume (Tons) Analysis & Forecast by Country, 2023-2033
  • Figure 43 : Latin America Spirulina Market Attractiveness Analysis by Country, 2023–2033
  • Figure 44 : Latin America Spirulina Market Attractiveness Analysis by Nature, 2023–2033
  • Figure 45 : Latin America Spirulina Market Attractiveness Analysis by Form, 2023–2033
  • Figure 46 : Latin America Spirulina Market Attractiveness Analysis by End Use, 2023–2033
  • Figure 47 : Europe Spirulina Market Value (US$ Mn) Analysis & Forecast by Nature, 2023-2033
  • Figure 48 : Europe Spirulina Market Volume (Tons) Analysis & Forecast by Nature, 2023-2033
  • Figure 49 : Europe Spirulina Market Value (US$ Mn) Analysis & Forecast by Form, 2023-2033
  • Figure 50 : Europe Spirulina Market Volume (Tons) Analysis & Forecast by Form, 2023-2033
  • Figure 51 : Europe Spirulina Market Value (US$ Mn) Analysis & Forecast by End Use, 2023-2033
  • Figure 52 : Europe Spirulina Market Volume (Tons) Analysis & Forecast by End Use, 2023-2033
  • Figure 53 : Europe Spirulina Market Value (US$ Mn) Analysis & Forecast by Country, 2023-2033
  • Figure 54 : Europe Spirulina Market Volume (Tons) Analysis & Forecast by Country, 2023-2033
  • Figure 55 : Europe Spirulina Market Attractiveness Analysis by Country, 2023–2033
  • Figure 56 : Europe Spirulina Market Attractiveness Analysis by Nature, 2023–2033
  • Figure 57 : Europe Spirulina Market Attractiveness Analysis by Form, 2023–2033
  • Figure 58 : Europe Spirulina Market Attractiveness Analysis by End Use, 2023–2033
  • Figure 59 : South Asia Spirulina Market Value (US$ Mn) Analysis & Forecast by Nature, 2023-2033
  • Figure 60 : South Asia Spirulina Market Volume (Tons) Analysis & Forecast by Nature, 2023-2033
  • Figure 61 : South Asia Spirulina Market Value (US$ Mn) Analysis & Forecast by Form, 2023-2033
  • Figure 62 : South Asia Spirulina Market Volume (Tons) Analysis & Forecast by Form, 2023-2033
  • Figure 63 : South Asia Spirulina Market Value (US$ Mn) Analysis & Forecast by End Use, 2023-2033
  • Figure 64 : South Asia Spirulina Market Volume (Tons) Analysis & Forecast by End Use, 2023-2033
  • Figure 65 : South Asia Spirulina Market Value (US$ Mn) Analysis & Forecast by Country, 2023-2033
  • Figure 66 : South Asia Spirulina Market Volume (Tons) Analysis & Forecast by Country, 2023-2033
  • Figure 67 : South Asia Spirulina Market Attractiveness Analysis by Country, 2023–2033
  • Figure 68 : South Asia Spirulina Market Attractiveness Analysis by Nature, 2023–2033
  • Figure 69 : South Asia Spirulina Market Attractiveness Analysis by Form, 2023–2033
  • Figure 70 : South Asia Spirulina Market Attractiveness Analysis by End Use, 2023–2033
  • Figure 71 : East Asia Spirulina Market Value (US$ Mn) Analysis & Forecast by Nature, 2023-2033
  • Figure 72 : East Asia Spirulina Market Volume (Tons) Analysis & Forecast by Nature, 2023-2033
  • Figure 73 : East Asia Spirulina Market Value (US$ Mn) Analysis & Forecast by Form, 2023-2033
  • Figure 74 : East Asia Spirulina Market Volume (Tons) Analysis & Forecast by Form, 2023-2033
  • Figure 75 : East Asia Spirulina Market Value (US$ Mn) Analysis & Forecast by End Use, 2023-2033
  • Figure 76 : East Asia Spirulina Market Volume (Tons) Analysis & Forecast by End Use, 2023-2033
  • Figure 77 : East Asia Spirulina Market Value (US$ Mn) Analysis & Forecast by Country, 2023-2033
  • Figure 78 : East Asia Spirulina Market Volume (Tons) Analysis & Forecast by Country, 2023-2033
  • Figure 79 : East Asia Spirulina Market Attractiveness Analysis by Country, 2023–2033
  • Figure 80 : East Asia Spirulina Market Attractiveness Analysis by Nature, 2023–2033
  • Figure 81 : East Asia Spirulina Market Attractiveness Analysis by Form, 2023–2033
  • Figure 82 : East Asia Spirulina Market Attractiveness Analysis by End Use, 2023–2033
  • Figure 83 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis & Forecast by Nature, 2023-2033
  • Figure 84 : Middle East & Africa Spirulina Market Volume (Tons) Analysis & Forecast by Nature, 2023-2033
  • Figure 85 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis & Forecast by Form, 2023-2033
  • Figure 86 : Middle East & Africa Spirulina Market Volume (Tons) Analysis & Forecast by Form, 2023-2033
  • Figure 87 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis & Forecast by End Use, 2023-2033
  • Figure 88 : Middle East & Africa Spirulina Market Volume (Tons) Analysis & Forecast by End Use, 2023-2033
  • Figure 89 : Middle East & Africa Spirulina Market Value (US$ Mn) Analysis & Forecast by Country, 2023-2033
  • Figure 90 : Middle East & Africa Spirulina Market Volume (Tons) Analysis & Forecast by Country, 2023-2033
  • Figure 91 : Middle East & Africa Spirulina Market Attractiveness Analysis by Country, 2023–2033
  • Figure 92 : Middle East & Africa Spirulina Market Attractiveness Analysis by Nature, 2023–2033
  • Figure 93 : Middle East & Africa Spirulina Market Attractiveness Analysis by Form, 2023–2033
  • Figure 94 : Middle East & Africa Spirulina Market Attractiveness Analysis by End Use, 2023–2033

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organization of all sizes.

Similar Reports from Persistence Market Research

Global Market Study on Spirulina Extract

  • Date - Nov 2017
  • Code - PMR535A

The comprehensive research report titled “Spirulina Extract Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)” by Persistence Market Research assists the reader in chalking key growth strategies based on valued insights with a view to attain a greater tempo even with the dynamically changing market scenario. The research report covers a detailed forecast analysis for a period of eight years, ...

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Global Market Study on Spirulina: Versatility and Wide Applicability of Spirulina across the Food and Beverage Sector to...