Spirulina Powder Market Research Report 2021: Size, Share, Growth, Trends, Applications, Demand, Key

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Market Analysis and Insights: Global Spirulina Powder Market
Spirulina Powder Market, By Form (Powder, Tablets/ Capsules, Liquid and Granules), End User (Food and Beverages, Nutraceuticals, Cosmetics & Personal Care, Feed and Pharmaceutical), Distribution channel (The Super Stores, Department Stores, Grocery and Online Retailers), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027.
The global spirulina powder market is anticipated to rise at a CAGR of 6% during the forecast period for 2020-2027. Basically, the organic spirulina powder is expected to grow rapidly in demand during the forecasted period. This is going to show the significant and increasingly demand in the sales of organic spirulina powder which ...
... can be primarily attributed to increasing awareness of natural ingredients and this is going to enhance the market and industry development in this sector.
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Spirulina is a dietary supplement derived from biomass or cyanobacteria of blue-green algae. Cyanobacteria are found in ponds, freshwater lakes and rivers. They are classified into two types, arthrospores platensis and arthrospores maxima. Algae are rich in protein, vitamins, amino acids and minerals. They are available in powder, flake and tablet form and can be consumed by both humans and animals.
The spirulina powder is finding its way in many products, such as the increasing use of spirulina in food and beverage products domestically as well as globally. The demand for spirulina has started surging as it is rich in vitamin A, B and K, iron and protein and helps maintain good health and companies are now producing various types of products made from spirulina and also providing numerous opportunities to the market players in various sectors. Spirulina has found applications in many industries such as food, beverages, cosmetics and spa treatments, animal feed, pet food and nutraceuticals. Most of the new products released in the market in the past two years are in the food and beverage industry.
The recent increase in the number of vegetarians in line with the vegetarian trend has led to an increase in demand and the spirulina powder market and is expected to grow. The rise of government programs to increase spirulina production and support to local manufacturers has accelerated product development. They are used to produce natural food dyes and its demand has increased with the ban on synthetic food dyes. Spirulina powder has antioxidant, anti-inflammatory and hypolipidemic properties and can be applied in hair and skin care products. Their use in the biofuels and biofuels industry has further promoted the spirulina powder market.
The main factor limiting the growth of the spirulina powder market is its availability. Its sources are rare because they are extracted from fresh water and are available in very few areas. Cyanobacteria, if contaminated, produce toxins such as microcystins that can harm the gastrointestinal tract and liver. Some supplements may contain harmful substances such as lead, mercury and arsenic. Such factors may limit the market growth of spirulina powder.
This global spirulina powder market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Spirulina powder market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Global Spirulina Powder Market Scope and Market Size
Spirulina powder market is segmented on the basis of form, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications
• On the basis of form, the global spirulina powder market is segmented into powder, tablets/ capsules, liquid and granules.
• On the basis of end user, the global spirulina powder market is segmented into food and beverages, nutraceuticals, cosmetics & personal care, feed and pharmaceutical.
• On the basis of distribution channel, the global spirulina powder market is classified into the super stores, department stores, grocery and online retailers.
Global Spirulina Powder Market Country Level Analysis
Spirulina powder market is analyses and market size, volume information is provided by country, form, end user and distribution channel as referenced above.
The countries covered in the global spirulina powder market report are U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the spirulina powder market because of growing demand for rising at a robust rate on account of the easy availability of spirulina in the region. Moreover, the approval of spirulina consumption by medical practitioners in the region has also led to the growth of the market for spirulina powder.
The country section of the spirulina powder market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and Spirulina Powder Market Share Analysis
Spirulina powder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to global spirulina powder market.
The major players covered in the global spirulina powder market report are Sensient Technologies Corp., Parry Nutraceuticals Limited, Now Health Group Inc., Naturex S.A., Naturalin Bio-Resources Co., Ltd., GNT Holding B.V., GNC Holdings, Inc., Fuqing King Dnarmsa Spirulina Co. Ltd., Fraken Biochem Co. Ltd., Far East Bio-Tec Co., Ltd., ALGAPHARMA BIOTECH CORP., Dongtai City Spirulina Bio-Engineering Co. Ltd., Döhler GmbH DIC Corporation DDW Inc., Cyanotech Corp, Chr. Hansen Holding A/S, DIC Corporation, Dongtai City Spirulina Bio-Engineering Co., Ltd. and Now Health Group Inc. as well as Sensient Technologies Corp. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available: Global Spirulina Powder Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
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