Spirulina Market Size, Share, Trends, Growth and Forecast Report 2021-2027

Description

The global Spirulina market garnered revenue around USD 495.7 million in 2020 and projected to reach USD 998.69 million in 2027, with at a compound annual growth rate (CAGR) 12.5% throughout the estimate period from 2021 to 2027. The highly nutritional and ecofriendly Spirulina (Arthrospira platensis) has hypolipidemic, hypoglycemic, and antihypertensive properties. Spirulina contains functional compounds, such as phenolics, phycocyanins, and polysaccharides, with antioxidant, anti-inflammatory, and immunostimulating effects. In addition, Spirulina processing products are employed in agriculture, food industry, pharmaceutics, perfumery, and medicine. The use of spirulina in food can bring benefits to human health owing to its chemical composition, since it has high levels of vitamins, minerals, phenolics, essential fatty acids, amino acids, and pigments. Thus, spirulina plays an important role in this scenario.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Spirulina market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Spirulina market growth.

The global Spirulina market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

Prominent players operating in the global spirulina market include Cyanotech Corporation DIC Corporation, Cabassi & Giuriati SpA, DDW, DÖHLER GmbH, Dongtai City Spirulina Bio-engineering Co., Ltd., Echlorial, E.I.D. Parry Limited, Givaudan international SA, Prolgae Spirulina Supplies Pvt. Ltd., Dongtai City Spirulina Bio-engineering Co., Ltd., Algenol Biofuels Inc., Pond Technologies Inc, and Sensient Technologies Corporation.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

By Type

·         Arthrospira Platensis

·         Arthrospira Maxima

By Application

·         Nutraceuticals

·         Food & Beverages

·         Cosmetics

·         Animal Feed

·         Others 

By Formulation

·         Powder

·         Tablet & Capsule

·         Liquid

·         Granule & Gelling Agent

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

 

North America

United States

Canada

 

Europe

Germany

United Kingdom

Italy

France

Rest of EU

 

Asia Pacific

China

India

Japan

Southeast Asia

Rest of APAC

 

Central & South America 

Brazil 

Argentina

Rest of Central & South America 

 

Middle East and Africa

GCC

North Africa

South Africa

TABLE OF CONTENT

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Spirulina Market, By Type

7.1.  Spirulina Market, by Type, 2021-2027

7.1.1.    Arthrospira Platensis

7.1.1.1.        Market Revenue and Forecast (2016-2027)

7.1.2.    Arthrospira Maxima

7.1.2.1.        Market Revenue and Forecast (2016-2027)

Chapter 8.  Global Spirulina Market, By Application

8.1.  Spirulina Market, by Application, 2021-2027

8.1.1.    Nutraceuticals

8.1.1.1.        Market Revenue and Forecast (2016-2027)

8.1.2.    Food & Beverages

8.1.2.1.        Market Revenue and Forecast (2016-2027)

8.1.3.    Cosmetics

8.1.3.1.        Market Revenue and Forecast (2016-2027)

8.1.4.    Animal Feed

8.1.4.1.        Market Revenue and Forecast (2016-2027)

8.1.5.    Others

8.1.5.1.        Market Revenue and Forecast (2016-2027)

Chapter 9.  Global Spirulina Market, By Formulation

9.1.  Spirulina Market, by Formulation, 2021-2027

9.1.1.    Powder

9.1.1.1.        Market Revenue and Forecast (2016-2027)

9.1.2.    Tablet & Capsule

9.1.2.1.        Market Revenue and Forecast (2016-2027)

9.1.3.    Liquid

9.1.3.1.        Market Revenue and Forecast (2016-2027)

9.1.4.    Granule & Gelling Agent

9.1.4.1.        Market Revenue and Forecast (2016-2027)

Chapter 10.      Global Spirulina Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Type (2016-2027)

10.1.2.  Market Revenue and Forecast, by Application (2016-2027)

10.1.3.  Market Revenue and Forecast, by Formulation (2016-2027)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Type (2016-2027)

10.1.4.2.      Market Revenue and Forecast, by Application (2016-2027)

10.1.4.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Type (2016-2027)

10.1.5.2.      Market Revenue and Forecast, by Application (2016-2027)

10.1.5.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Type (2016-2027)

10.2.2.  Market Revenue and Forecast, by Application (2016-2027)

10.2.3.  Market Revenue and Forecast, by Formulation (2016-2027)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Type (2016-2027)

10.2.4.2.      Market Revenue and Forecast, by Application (2016-2027)

10.2.4.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Type (2016-2027)

10.2.5.2.      Market Revenue and Forecast, by Application (2016-2027)

10.2.5.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Type (2016-2027)

10.2.6.2.      Market Revenue and Forecast, by Application (2016-2027)

10.2.6.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Type (2016-2027)

10.2.7.2.      Market Revenue and Forecast, by Application (2016-2027)

10.2.7.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Type (2016-2027)

10.3.2.  Market Revenue and Forecast, by Application (2016-2027)

10.3.3.  Market Revenue and Forecast, by Formulation (2016-2027)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Type (2016-2027)

10.3.4.2.      Market Revenue and Forecast, by Application (2016-2027)

10.3.4.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Type (2016-2027)

10.3.5.2.      Market Revenue and Forecast, by Application (2016-2027)

10.3.5.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Type (2016-2027)

10.3.6.2.      Market Revenue and Forecast, by Application (2016-2027)

10.3.6.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Type (2016-2027)

10.3.7.2.      Market Revenue and Forecast, by Application (2016-2027)

10.3.7.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Type (2016-2027)

10.4.2.  Market Revenue and Forecast, by Application (2016-2027)

10.4.3.  Market Revenue and Forecast, by Formulation (2016-2027)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Type (2016-2027)

10.4.4.2.      Market Revenue and Forecast, by Application (2016-2027)

10.4.4.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Type (2016-2027)

10.4.5.2.      Market Revenue and Forecast, by Application (2016-2027)

10.4.5.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Type (2016-2027)

10.4.6.2.      Market Revenue and Forecast, by Application (2016-2027)

10.4.6.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Type (2016-2027)

10.4.7.2.      Market Revenue and Forecast, by Application (2016-2027)

10.4.7.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Type (2016-2027)

10.5.2.  Market Revenue and Forecast, by Application (2016-2027)

10.5.3.  Market Revenue and Forecast, by Formulation (2016-2027)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Type (2016-2027)

10.5.4.2.      Market Revenue and Forecast, by Application (2016-2027)

10.5.4.3.      Market Revenue and Forecast, by Formulation (2016-2027)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Type (2016-2027)

10.5.5.2.      Market Revenue and Forecast, by Application (2016-2027)

10.5.5.3.      Market Revenue and Forecast, by Formulation (2016-2027)

Chapter 11.  Company Profiles

11.1.              Cyanotech Corporation DIC Corporation

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              Cabassi & Giuriati SpA

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              DDW

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              DÖHLER GmbH

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Dongtai City Spirulina Bio-engineering Co., Ltd.

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              Echlorial

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              E.I.D. Parry Limited

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Givaudan international SA

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              Prolgae Spirulina Supplies Pvt. Ltd.

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Dongtai City Spirulina Bio-engineering Co., Ltd.

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

11.11.           Algenol Biofuels Inc.

11.11.1.               Company Overview

11.11.2.               Product Offerings

11.11.3.               Financial Performance

11.11.4.               Recent Initiatives

11.12.           Pond Technologies Inc

11.12.1.               Company Overview

11.12.2.               Product Offerings

11.12.3.               Financial Performance

11.12.4.               Recent Initiatives

11.13.           Sensient Technologies Corporation.

11.13.1.               Company Overview

11.13.2.               Product Offerings

11.13.3.               Financial Performance

11.13.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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