The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Spirulina Market size, share, analysis future and forecast 2030 comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Detail Overview of Spirulina Industry Size (2025-2030):
According to the latest report, the The Global Spirulina Market size is valued at around USD 848.12 Million in 2024 & is projected to reach USD 1,298 Million by 2030. The market is also estimated to grow at a CAGR of around 8.89% from 2025 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.
Request Sample Report or Discuss More – https://www.marknteladvisors.com/query/request-sample/spirulina-market.html
Spirulina Market Coverage:
- Historic Period: 2020-23
- Base year: 2024
- Forecast Years: 2025-2030
- Risk & Swot Analysis
- Growth parameters influence Spirulina market dynamics
Market Dynamics:
Driver-
Rising Application of Spirulina in the Food & Beverage Sector – As Spirulina exhibits high nutritional value and addresses & curbs health conditions like malnutrition among people, its demand is escalating swiftly across various countries worldwide, i.e., instigating manufacturers to expand their production & distribution capacities to cater to varied consumer requirements. As a result, several companies are now actively participating in introducing different food & beverages utilizing these supplements, which, in turn, is driving the Global Spirulina Market
Recent Advancement:
- On 2023, ScotBio announced working with the University of Edinburgh, Robert Gordon University, and the Industrial Biotechnology Innovation Centre (IBioIC) to determine how waste molecules from spirulina can be extracted & used for their natural antiviral properties.
Notable Spirulina Market Players – Business Description, Product Portfolio, Strategic Alliances or Partnerships, Developments and Financial Details
- Algenol Biofuels Inc.
- Chr. Hansen Holding A/S.
- Cyanotech Corporation
- Dongtai City Spirulina Bio-engineering Co.
- Fuqing King Dnarmsa Spirulina Co., Ltd.
- Fraken Biochem Co., Ltd.
- Naturex S.A.
- Now Foods
- Parry Nutraceuticals Ltd.
- Prolgae Spirulina Supplies Pvt. Ltd.
- Sensient Technologies Corporation
- Others
Access the Complete Report for An In-Depth Analysis – https://www.marknteladvisors.com/research-library/spirulina-market.html
Segmentation of Spirulina Market:
- By Type (Arthrospira Platensis, Arthrospira Maxima)
- By Formation (Powder, Tablet, Liquid)
- By Application (Food & Beverages (Bakery, Confectionery, Other Processed Foods), Dietary Supplements, Cosmetics & Personal Care, Agriculture)
- By Region (North America, South America, Europe, Asia-Pacific, Middle East, and Africa)
Growing Adoption of Natural Ingredients in Food & Beverages to Boost the Global Market
The Food & Beverage sector is the major end-user application of spirulina, i.e., expecting the largest share in the Global Spirulina Market during 2024-30. It owes mainly to the rising acceptance of spirulina as a food ingredient due to its excellent nutritional & bioactive properties, sustainable production, and versatile application in different types of food & beverages.
Besides, the accelerating demand for spirulina for food coloring backed by the mounting consumer awareness about the presence of natural colors instead of synthetic ones, coupled with numerous health benefits of this ingredient, is also fueling the overall market growth across the food & beverage sector.
China being the Largest Producer & Consumer of Spirulina to Drive the Market across Asia-Pacific
Asia-Pacific is expecting the fastest growth in the Spirulina Market through 2030, principally due to the massive production of Spirulina in countries like China, South Korea, etc., entwined with enormous consumption of this blue-green alga in China.
Furthermore, the rapid expansion of the cosmetic & personal care sector is another aspect expected to play a crucial role in accelerating the regional market growth over the forecast years, reveals MarkNtel Advisors in their research report, “Global Spirulina Market Analysis, 2024.”
Need additional assistance?
- Looking for more assistance? Connect with our experienced analysts for insights into current market trends.
- Customize your report by adding specific segments and countries to meet your needs. Gain a significant competitive edge by learning how to leverage these insights to enhance your operations and boost revenue.
- For further support, don’t hesitate to reach out to our analysts.
Customize This Report to Fit Your Requirement, We’re offering discounts on Purchase of the Report, Get It Today – https://www.marknteladvisors.com/query/request-customization/spirulina-market.html
*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
About US:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
For Media Inquiries, Please Contact:
Phone: +1 628 895 8081 | +91 120 4278433
Email: [email protected]
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India