Spirulina Extract Market

The global Spirulina Extract market was valued at US$ 188.9 million in 2022 and is projected to reach US$ 312.7 million by 2029, at a CAGR of 7.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Spirulina is in use for a broad range of beverages that are still not available in the market.
Spirulina Extract Market aims to provide a comprehensive presentation of the global market for Spirulina Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spirulina Extract. Spirulina Extract Market contains market size and forecasts of Spirulina Extract in global, including the following market information:

• Global Spirulina Extract Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Spirulina Extract Market Sales, 2018-2023, 2024-2029, (K MT)
• Global top five Spirulina Extract companies in 2022 (%)

The nutraceutical segment in the application category is expected to show increased consumption of spirulina extract.
We surveyed the Spirulina Extract manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Spirulina Extract Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Spirulina Extract Market Segment Percentages, by Type, 2022 (%)

• Powder
• Tablet and Capsule
• Liquid

Global Spirulina Extract Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Spirulina Extract Market Segment Percentages, by Application, 2022 (%)

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

Global Spirulina Extract Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Spirulina Extract Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Spirulina Extract revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Spirulina Extract revenues share in global market, 2022 (%)
Key companies Spirulina Extract sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Spirulina Extract sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• ChrHansen
• Sensient Technologies
• Parry Nutraceuticals
• Cyanotech
• DIC
• GNC Holdings
• DDW
• Dongtai City Spirulina Bio-Engineering
• Now Health Group
• Fuqing King Dnarmsa Spirulina
• Fraken Biochem
• Naturex
• Dohler

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Spirulina Extract, market overview.
• Chapter 2: Global Spirulina Extract market size in revenue and volume.
• Chapter 3: Detailed analysis of Spirulina Extract manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Spirulina Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Spirulina Extract capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.

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