Spirulina Extracts Market
Ability to Offer Balance between Taste and Nutrition Expected to Drive the Demand for Spirulina Extracts: FMI Decodes Key Trends
Spirulina Extracts Market by Nature, Application & region - Forecast 2022 - 2032
Spirulina Extracts Market Outlook (2022-2032)
[342 Pages Report] The global spirulina extracts market is valued at US$ 48.13 million as on 2022. The spirulina extracts market is expected to grow at a healthy CAGR of 14.6% during the forecast period, and is anticipated to reach a valuation of US$ 188.05 million by 2032. In 2021, the global spirulina extracts market had a valuation of US$ 42 million.
Rising health concerns, coupled with consistent innovation in spirulina extracts-based food products, and plenty of other reasons are expected to drive the sales of spirulina extracts during the forecast period.
|
Attributes |
Value |
|
Spirulina Extracts Market Valuation (2021) |
US$ 42 Mn |
|
Spirulina Extracts Market Valuation (2022) |
US$ 48.13 Mn |
|
Spirulina Extracts Market Projected Size (2032) |
US$ 188.05 Mn |
|
Spirulina Extracts Market Anticipated CAGR (2022-2032) |
14.6% |
Additionally, there has been an increased usage of spirulina extracts across sectors, because of an increasing demand for natural food colors owing to spirulina benefits. This has consequently allowed the manufacturers to develop wide variety of dairy products, pet foods, and confectionaries, resulting in an increase in the demand for spirulina extracts.
If we talk about one sector, where the application of spirulina extracts in increasing on a regular basis, it is the cosmetics. This is because of the moisturizing, anti-acne, and anti-wrinkle properties that are offered by theses extracts, and this sector is making the best use of spirulina extract for skin. This as well is expected to increase the sales of spirulina extracts during the forecast period.
Spirulina extract in food has its own share of benefits, which has augured well with the customer interest. The reason being that customers are increasingly focusing on natural ingredients, without showing much interest on additives, and artificial flavors. This as well is expected to increase the demand for spirulina extracts.
Additionally, there has also been an increasing consumption of dietary supplements, along with growing trends of health and wellness, and an increase in veganism and vegetarianism as well. This is expected to play a crucial role in increasing the sales of spirulina extracts.
Let us know your requirement to get
100% FREE customization
Comparison Between Historic CAGR And Anticipated CAGR For The Spirulina Extracts Market
Though not much, there has been a slight increase in the anticipated CAGR, as compared to the historic CAGR. The historic CAGR (2016-2022) for the spirulina extracts market was 14.1%. The anticipated CAGR is 14.6%.
One of the very important reasons being the fact that the food regulatory bodies have tightened their norms. They have become increasingly particular when it comes to inclusion of synthetic colors. This has helped the spirulina extracts market to grow further because of the number of health benefits they offer.
Innumerable Health Benefits And Growth Of Nutraceuticals Expected To Drive Spirulina Extracts Market
The spirulina extracts contain protein equivalent to that present in eggs. The spirulina powder contains high amount of Vitamin B, polysaccharides, and minerals. These are also rich source of anti-oxidants, carotenoids, and xanthophylls.
The spirulina extracts are also helpful in boosting the immunity, maintaining a healthy cardiovascular health, and for reducing fatigue.
They also have the ability to act as a natural detoxifier, thereby building our endurance. These also aid in the digestion process. Thus, the dieticians are recommending to consume spirulina extract supplements.
All these properties can be attributed to the presence of selenium, zinc, and phycocyanin.
Furthermore, a group of scientists have also discovered that the spirulina extracts are effective in reducing bad cholesterol.
Additionally, the spirulina extracts are also effective in promoting a strong eye health. The reason being these are a great source of zeaxanthin. Thus, the ophthalmologists are advising eye patients to consume the spirulina extracts, and are making use of these in eye drops.
Thus, the health experts also recommend certain people to consume spirulina extracts. This is projected to increase the demand for spirulina extracts.
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystGrowing Vegetarianism To Boost Spirulina Extracts Market
Owing to a number of health benefits offered by spirulina extracts, these are being increasingly preferred by vegetarians, as some vegetarians stay away from consuming eggs. The reason being these are rich source of magnesium, iron, and calcium as well. Moreover, there are hardly any vegetables that offer so many nutrients.
Thus, the growing population that consumes vegetarian food is expected to surge the sales of spirulina extracts during the forecast period.
Increasing Demand In Personal Care & Cosmetics
The spirulina extracts are a rich source of peptides and phytonutrients. Therefore, these are being used as moisturizers, anti-aging and anti-wrinkle creams, anti-phlogistic and anti-acne agents. Additionally, these micro algae provide sun protection, treat skin pigmentation-based disorders, and heal wounds.
These also improve the hydrolipidic character of skin, which ultimately help in revitalizing the skin. Furthermore, the pigments that are obtained from spirulina are used as natural colorant in products like eyeliners, eyeshadows, and lip sticks. Thus, the demand for spirulina extracts is expected to increase the demand for spirulina extracts going forward.
A unified Market Research Subscription Platform, built for today's disparate research needs.
Restraints For Spirulina Extracts Market
High toxins
The experts are of the view that the spirulina extracts are contaminated with metals and bacteria in many cases. Under un-supervised conditions, these may affect our liver, and these might even damage them in extreme cases. This might potentially hurt the sales of spirulina extracts during the forecast period.
Problems related to diabetes
Studies have shown that people suffering from diabetes should be very careful while consuming spirulina extracts related products. The reason being that the consumption has altered the level of insulin in the body, which had a negative impact on the diabetic patients. This might as well impact the spirulina extracts market share.
Problems based on auto immune diseases
It has been observed from certain research works that conditions like sclerosis, or lupus could worsen with the consumption of spirulina extracts. Thus, it is recommended that these should be consumed only after due consideration.
Comparative View For Spirulina Extracts Market
Spirulina Extract Market:
|
Attributes |
Spirulina Extract Market |
|
Anticipated CAGR (2022 to 2032) |
14.6% |
|
Market Value (2022) |
US$ 48.13 million |
|
Growth Factor |
Number of health benefits and increasing usage in cosmetics industry currently driving spirulina extracts market. |
|
Future Opportunities |
Increasing usage in nutraceuticals sector might drive the spirulina extracts market. |
|
Market Trends |
The spirulina extracts are being increasingly employed as stable natural blue colouring for hot and cold drinks. |
Plant Extracts Market:
|
Attributes |
Plant Extracts Market |
|
Anticipated CAGR (2022 to 2032) |
12.3% |
|
Market Value (2022) |
US$34.4 billion |
|
Growth Factor |
A surging requirement of essential oil in the cosmetics industry expected to drive the plant extracts market. |
|
Future Opportunities |
Implementation of the latest technologies for scaling up the production presents a huge opportunity in front of the market. |
|
Market Trends |
The increased usage of herbal products is because of its medicinal properties, and being natural and safe. |
Botanical Extracts Market:
|
Attributes |
Botanical Extracts Market |
|
Anticipated CAGR (2022 to 2032) |
9% |
|
Market Value (2022) |
US$ 6 billion |
|
Growth Factor |
An increasing clamour for natural flavours expected to drive the botanical extracts market. |
|
Future Opportunities |
A variety of spices and herbs, which are yet to be utilised to their potential are expected to drive the botanical extracts market. |
|
Market Trends |
These produce synergising effect when used along with other natural food preservatives. This has helped in controlling microbial growth. |
Thus, be it spirulina extracts, plant extracts, or botanical extracts, the aim has been to ensure that the customers remain in the best physical condition after consuming these. Moreover, there is an increasing usage of these extracts across sectors.
Additionally, the development of technology has helped in the scaling as well as the development of these extracts. Furthermore, there were a number of benefits of these extracts, which were not known previously. This presents a pool of opportunity to these markets.
Segmentation Insights In The Spirulina Extracts Market
Conventional Spirulina Extracts Segment had the Highest Market Share of 80.3% in the Spirulina Extracts Market in 2021
The conventional spirulina extracts segment had the highest market share in 2021, and during the forecast period as well, these are expected to retain the top position. The reason being that these are safe, have a nice flavor, and contain excellent nutritional value. Thus, the conventional spirulina extracts are used in different food products, like food, beverages, meat and pet food products.
Candy/Confectionary Segment had the Highest Market Share of 24.8% in the Spirulina Extracts Market in 2021
The candy/confectionary segment had the highest market share in 2021, and during the forecast period as well, these are expected to have the highest market share.
These are being increasingly used in candies, gummies, and chocolates. Furthermore, an inclination towards natural food ingredients for wellbeing, especially among the millennials is expected to drive the sales of spirulina extracts. However, if we talk about the fastest growing segment during the forecast period, it is the dairy segment. The segment is expected to advance at a CAGR of 8.5% during the forecast period.
North America Currently Has The Largest Market Share, Asia Pacific To Be The Fastest Growing Spirulina Extracts Market
The North America spirulina extracts market is currently the largest market. The reason being that both the USA and Canada are dynamic markets. The ability to be used as a food and beverage ingredient, a food additive, and a supplement makes it a versatile extract. However, Asia Pacific is expected to be the fastest growing market. This is because of the growing demand for dietary supplements in the region.
Additionally, the region also suffers from cases of malnutrition. Therefore, the governments and various authorities are carrying out awareness programs. Not only that, initiatives are being carried out to provide free supplements. All these are expected to influence the Asia Pacific spirulina extracts market outlook.
Country Wise Insights
USA Spirulina Extracts Market
The USA spirulina extracts market is expected to be the most lucrative market over the forecast period.
Consumers in USA are becoming increasingly conscious about the ingredients used in bakery products, and their source as well. The reason being that there is a growing preference for chemical-free bakery. Moreover, an increasing demand for confectionary foods in the region is expected to influence the USA spirulina extracts adoption trends.
Based on the research conducted by FMI, the USA market is expected to reach a valuation of around US$ 60 million by 2032.
Japan Spirulina Extracts Market
The Japan spirulina extract market is expected to grow at a strong CAGR of 15.1% by 2032. Additionally, the focus of the Japanese manufacturers is to scale the production of spirulina extracts as the vegan consumers are increasing in the region.
Consequently, Innovation Network Corporation of Japan and Mitsubishi Corporation have invested close to 1.7 billion yen in spirulina manufacturing, as it is a major source of protein.
Germany Spirulina Extracts Market
The Germany spirulina extracts market is expected to grow at a CAGR of 12.6% during the forecast period, and is expected to reach a valuation of nearly US$ 10 million by 2032.
The country is known for quality R&D. Thus, the manufacturers are making use of the best R&D practices to develop top quality spirulina extracts products. Moreover, the extracts are used increasingly in cosmetics for healthy skin. All these put together would certainly impact the spirulina extracts market key trends and opportunities in Germany.
China Spirulina Extracts Market
The China spirulina extracts market is expected to grow at a CAGR of 16.7% during the forecast period. China is one of the leading producers of spirulina, manufacturing around 25% of global spirulina extracts.
Additionally, the growing food and beverages sector in China is something which is expected to propel the spirulina extracts market in the country. Additionally, these are consumed as health supplements as well in China, which might further surge their demand.
India Spirulina Extracts Market
The India spirulina extracts market is expected to grow at a CAGR of 16% during the forecast period.
Rapid urbanization, improvement in healthcare infrastructure, and increasing initiatives by the health authorities and government bodies are expected to drive the market. Additionally, a surge in the sales of healthcare supplements is expected to have a positive impact on the spirulina extracts market trends and forecast in India.
Start-Up Ecosystem In The Spirulina Extracts Market
With increasing applications of spirulina extracts, the start-ups are making the best use of the growing spirulina extracts market.
Gavan, an Israeli start-up has developed a platform that allows for a full spectrum of stable shades of blue.
It makes use of spirulina, which produces a pure blue color. Gavan’s non-GMO technology extracts the phycocyanin and optimizes the colorant gently, without damaging the source. This enables the extraction of multiple compounds from the entire spirulina without waste.
Competitive Landscape In The Spirulina Extracts Market
With an increasing demand for taste appeal in healthy beverages, the key players are trying to introduce best versions of spirulina extracts to manufacture the best quality beverages.
Additionally, certain key players are also increasing their product portfolio by introducing spirulina extracts-based health supplements. This step comes at a time when there is a surging demand for healthcare supplements worldwide.
Some of the recent developments in the spirulina extracts market are:
- In July 2022, Bayrise Fish Farm in Lake Victoria, Kenya partners with Aller Aqua.
- In July 2022, DIC and Debut Biotech advance and sale biomanufacturing of sustainable red colorants for Food, Nutrition, and Cosmetics.
Top 3 Players In The Spirulina Extracts Market
Sensient Colors provides customized color solutions to food and beverage, cosmetic, pharmaceutical, and industrial companies. They maintain the largest portfolio of natural and synthetic colors.
They employ a consumer insight driven approach to color solution development. Their technical services team is supported by global research centers. Their global resources and world class manufacturing facilities help the customers achieve greater supply chain ability and security.
The agronomy program conducted by Sensient colors, is held with a mission to partner with growers to share the best practices in farming that help in increasing the land productivity, and to boost local economies.
DDW is a huge player in the spirulina extracts market. DDW has been into providing coloring expertise for more than 155 years. They offer complete range of natural colors, caramel colors, burnt sugars, and fruit and vegetable-based browns. The focus is mainly on creating natural food colors for food and beverage manufacturers around the world.
The purpose, apart from serving customers is to support and build a healthy community. They have been implementing processes that promote safe operations. Additionally, they also hold the plants to the highest quality standards for the safe production of natural food colors.
On 8th December’21, DDW joined Givaudan. This acquisition would allow Givaudan to become a global player in the natural colors in accordance with their 2025 strategy to expand the portfolio of its global Taste and Well Being business.
Japan Algae Company ltd. is another big player in the spirulina extracts market. The company was founded on the basis of biotechnology and has developed reliably as a venture company in ‘Organic Germanium’ and ‘Spirulina’.
While trying to harmonize nature and science, the Japan Algae Company also responds to the diverse needs of people, and contemplate at the possibilities of the next generation.
Additionally, Japan Algae Company has also developed a wide range of spirulina-based eatables, which are being appreciated by customers.
Key Companies Profiled In The Spirulina Extracts Market
- Ideal Natural Extract
- Sensient Colours LLC.
- Greenjeeva
- Algene Biotech
- Aller Aqua
- BASF
- Chr. Hansen A/S
- Cyanotech Corporation
- Zhejiang Binmei Biotechnology Co., Ltd
- C.B.N. Spirulina Canada Co., Ltd
- DDW - the Color House
- DIC Corporation- Earthrise Nutritionals
- Dohler Group
- Fiorio Colori S.p.A
- FMC Corporation
- Hydro Linea Biotech
- Naturex SA
- Royal DSM
- Sensient Technologies Corporation
- Solazyme
- Japan Algae Co., Ltd.
Key Segments In The Spirulina Extracts Market
By Nature:
- Organic
- Conventional
By Application:
- Beverage
- Milk Drinks & Milk Alternatives
- Alcoholic Beverages
- Carbonates (Carbonated Soft Drinks)
- Sports Drinks
- Coffee & Cocoa
- Tea
- Energy Drink
- Juice Based Drinks
- Flavored water
- Enhanced Water
- Sparkling Waters
- Bakery, Snacks, & Cereal
- Breakfast Cereal
- Bread
- Cakes & Pastries
- Cookies
- Biscuits & Cones
- Frosting / Icing
- Crackers & Savory Snacks
- Candy / Confectionery
- Panned Candy
- Chocolate & Compound Coating
- Gummies
- Chewing Gum
- Jellies & Licorice
- Sprinkles & Sugar
- Hard Candies / Boiled Sweets
- Dairy
- Cheese
- Ice Cream
- Milk Drinks & Milk Alternatives
- Pudding / Custard
- Dips & Spreads
- Yogurt
- Fruit Preparations / Fillings
- Meat, Poultry, Fish, & Eggs
- Casings
- Egg & Egg Substitute
- Fish / Seafood
- Jerky
- Meat Substitute
- Processed Meat & Poultry
- Potatoes, Pasta, & Rice
- Pasta
- Potato Chips / Crisps
- Processed Potatoes
- Rice
- Sauces, Soups, & Dressings
- Asian Sauces
- Barbecue & Steak Sauce
- Condiments
- Gravy / Dry Sauce Mix
- Marinade
- Oils & Dressings
- Seasonings
- Batter
- Breading and Coating
- Bouillon / Soup Base / Stock
- Liquid Smoke
- Spice Blends / Dry Seasonings
- Pet Food
- Extruded / Dry Pet Food
- Snacks / Treats
- Wet Food
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
Frequently Asked Questions
What is the Expected CAGR of the Spirulina Extracts Market during the Forecast Period?
The spirulina extracts market is expected to grow at a CAGR of 14.6% during the forecast period.
What is the Expected Spirulina Extracts Market Size in 2032?
The spirulina extracts market is expected to be valued at US$ 188.05 million by 2032.
What is the Valuation of Spirulina Extracts Market as on 2022?
The spirulina extracts market is valued at US$ 48.13 million as on 2022.
Which Region is the Largest Spirulina Extracts Market?
North America is the largest spirulina extracts market.
What are the Main Factors Driving the Spirulina Extracts Market?
Main factors are lots of health benefits and increases usage in the food and beverage industry.
Table of Content
1. Market Overview 1.1. Market Coverage / Taxonomy 1.2. Market Definition / Scope / Limitations 2. Scenario Assessment of the Impact of COVID-19 on Spirulina Extract Market 2.1. Global Spirulina Extract Market Forecast Scenario Comparison of Annual Growth Rates for short Term (2022-2023) and Long Term (2024-2032) 2.1.1. Optimistic Scenario 2.1.1.1. China 2.1.1.2. US 2.1.1.3. EMEAI 2.1.1.4. Asia Pacific 2.1.2. Likely Scenario 2.1.2.1. China 2.1.2.2. US 2.1.2.3. EMEAI 2.1.2.4. Asia Pacific 2.1.3. Pessimistic Scenario 2.1.3.1. China 2.1.3.2. US 2.1.3.3. EMEAI 2.1.3.4. Asia Pacific 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.2. Macro-Economic Factors 3.2.1. Global GDP Growth Outlook 3.2.2. Global Industry Value Added 3.3. Forecast Factors - Relevance & Impact 4. Policy Developments and Regulatory Scenario 4.1. Key Regulations 4.2. Spirulina Extract Regulations Around the World 4.3. Label Claims: Overview 5. Value Chain Analysis 5.1. Supply Chain Analysis 5.2. Operating Margins 5.3. An Evaluation from Value Chain to Value Network 5.4. List of Active Market Participants 6. Global Spirulina Extract Market - Pricing Analysis 6.1. Regional Pricing Analysis (US$/Metric Tons) By Nature 6.2. Pricing Break-up 6.2.1. Manufacturer Level Pricing 6.2.2. Distributor Level Pricing 6.3. Global Average Pricing Analysis Benchmark 7. Global Spirulina Extract Market Analysis and Forecast, 2017-2032 7.1. Historical Market Value & Volume (Metric Tons) Analysis, 2017-2021 7.2. Current and Future Market Value & Volume (Metric Tons) Forecast, 2022-2032 7.3. Y-o-Y Growth Trend Analysis 8. Global Spirulina Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Nature 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$’ 000) and Volume Analysis By Nature, 2017 - 2021 8.3. Current and Future Market Size (US$’ 000) and Volume Analysis and Forecast By Nature, 2022 - 2032 8.3.1. Organic 8.3.2. Conventional 8.4. Market Attractiveness Analysis By Nature 9. Global Spirulina Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Application 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$’ 000) and Volume Analysis By Applications, 2017 - 2021 9.3. Current and Future Market Size (US$’ 000) and Volume Analysis and Forecast By Applications, 2022 - 2032 9.3.1. Beverage 9.3.2. Bakery, Snacks, & Cereal 9.3.3. Candy / Confectionery 9.3.4. Dairy 9.3.5. Fruit Preparations / Fillings 9.3.6. Meat, Poultry, Fish, & Eggs 9.3.7. Potatoes, Pasta, & Rices 9.3.8. Sauces, Soups, & Dressings 9.3.9. Seasonings 9.3.10. Pet Food 9.4. Market Attractiveness Analysis By Applications 10. Global Spirulina Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Region 10.1. Introduction 10.2. Historical Market Size (US$’ 000) and Volume Analysis By Region, 2017 - 2021 10.3. Current Market Size (US$’ 000) and Volume Analysis and Forecast By Region, 2022 - 2032 10.3.1. North America 10.3.2. Latin America 10.3.3. EMEAI 10.3.4. Asia Pacific 10.4. Market Attractiveness Analysis By Region 11. North America Spirulina Extract Market Analysis 2017-2021 and Forecast 2022-2032 11.1. Introduction 11.2. Pricing Analysis 11.3. Historical Market Size (US$’ 000) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 11.4. Market Size (US$’ 000) and Volume Forecast By Market Taxonomy, 2022 - 2032 11.4.1. By Country 11.4.1.1. U.S. 11.4.1.2. Canada 11.4.1.3. Mexico 11.4.2. By Nature 11.4.3. By Applications 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Nature 11.5.3. By Applications 11.6. Market Trends 11.7. Key Market Participants - Intensity Mapping 11.8. Drivers and Restraints - Impact Analysis 12. Latin America Spirulina Extract Market Analysis 2017-2021 and Forecast 2022-2032 12.1. Introduction 12.2. Pricing Analysis 12.3. Historical Market Size (US$’ 000) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 12.4. Market Size (US$’ 000) and Volume Forecast By Market Taxonomy, 2022 - 2032 12.4.1. By Country 12.4.1.1. Brazil 12.4.1.2. Peru 12.4.1.3. Argentina 12.4.1.4. Chili 12.4.1.5. Colombia 12.4.1.6. Rest of Latin America 12.4.2. By Nature 12.4.3. By Applications 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Nature 12.5.3. By Applications 12.6. Market Trends 12.7. Key Market Participants - Intensity Mapping 12.8. Drivers and Restraints - Impact Analysis 13. Europe + Middle East & Africa + India (EMEAI) Spirulina Extract Market Analysis 2017-2021 and Forecast 2022-2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Size (US$’ 000) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 13.4. Market Size (US$’ 000) and Volume Forecast By Market Taxonomy, 2022 - 2032 13.4.1. By Country 13.4.1.1. Germany 13.4.1.2. Italy 13.4.1.3. France 13.4.1.4. UK 13.4.1.5. Spain 13.4.1.6. India 13.4.1.7. GCC countries 13.4.1.8. South Africa 13.4.1.9. Rest of EMEAI 13.4.2. By Nature 13.4.3. By Applications 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Nature 13.5.3. By Applications 13.6. Market Trends 13.7. Key Market Participants - Intensity Mapping 13.8. Drivers and Restraints - Impact Analysis 14. Asia Pacific Spirulina Extract Market Analysis 2017-2021 and Forecast 2022-2032 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$’ 000) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 14.4. Market Size (US$’ 000) and Volume Forecast By Market Taxonomy, 2022 - 2032 14.4.1. By Country 14.4.1.1. ANZ 14.4.1.2. SEA 14.4.1.3. China 14.4.1.4. Japan 14.4.1.5. South Korea 14.4.2. By Nature 14.4.3. By Applications 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Nature 14.5.3. By Applications 14.6. Market Trends 14.7. Key Market Participants - Intensity Mapping 14.8. Drivers and Restraints - Impact Analysis 15. Market Structure Analysis 15.1. Market Analysis by Tier of Companies 15.2. Market Concentration 15.3. Market Share Analysis of Top Players 15.4. Market Presence Analysis 15.4.1. By Regional Footprint of Players 15.4.2. Product Footprint by Players 15.4.3. Channel Footprint by Players 16. Competition Analysis 16.1. Competition Dashboard 16.2. Pricing Analysis by Competition 16.3. Competition Benchmarking 16.4. Competition Deep Dive (Tentative List) 16.4.1. Allied Biotech Corporation 16.4.1.1. Overview 16.4.1.2. Product Portfolio 16.4.1.3. Profitability by Market Segments (Product/Channel/Region) 16.4.1.4. Sales Footprint 16.4.1.5. Strategy Overview 16.4.1.5.1. Marketing Strategy 16.4.1.5.2. Product Strategy 16.4.1.5.3. Channel Strategy 16.4.2. Archer Daniels Midland Company 16.4.2.1. Overview 16.4.2.2. Product Portfolio 16.4.2.3. Profitability by Market Segments (Product/Channel/Region) 16.4.2.4. Sales Footprint 16.4.2.5. Strategy Overview 16.4.2.5.1. Marketing Strategy 16.4.2.5.2. Product Strategy 16.4.2.5.3. Channel Strategy 16.4.3. DIC Corporation (BASF SE) 16.4.3.1. Overview 16.4.3.2. Product Portfolio 16.4.3.3. Profitability by Market Segments (Product/Channel/Region) 16.4.3.4. Sales Footprint 16.4.3.5. Strategy Overview 16.4.3.5.1. Marketing Strategy 16.4.3.5.2. Product Strategy 16.4.3.5.3. Channel Strategy 16.4.4. BioconColours 16.4.4.1. Overview 16.4.4.2. Product Portfolio 16.4.4.3. Profitability by Market Segments (Product/Channel/Region) 16.4.4.4. Sales Footprint 16.4.4.5. Strategy Overview 16.4.4.5.1. Marketing Strategy 16.4.4.5.2. Product Strategy 16.4.4.5.3. Channel Strategy 16.4.5. DDW, The Colour House 16.4.5.1. Overview 16.4.5.2. Product Portfolio 16.4.5.3. Profitability by Market Segments (Product/Channel/Region) 16.4.5.4. Sales Footprint 16.4.5.5. Strategy Overview 16.4.5.5.1. Marketing Strategy 16.4.5.5.2. Product Strategy 16.4.5.5.3. Channel Strategy 16.4.6. Döhler Group 16.4.6.1. Overview 16.4.6.2. Product Portfolio 16.4.6.3. Profitability by Market Segments (Product/Channel/Region) 16.4.6.4. Sales Footprint 16.4.6.5. Strategy Overview 16.4.6.5.1. Marketing Strategy 16.4.6.5.2. Product Strategy 16.4.6.5.3. Channel Strategy 16.4.7. GNT International B.V. 16.4.7.1. Overview 16.4.7.2. Product Portfolio 16.4.7.3. Profitability by Market Segments (Product/Channel/Region) 16.4.7.4. Sales Footprint 16.4.7.5. Strategy Overview 16.4.7.5.1. Marketing Strategy 16.4.7.5.2. Product Strategy 16.4.7.5.3. Channel Strategy 16.4.8. Kalsec Inc. 16.4.8.1. Overview 16.4.8.2. Product Portfolio 16.4.8.3. Profitability by Market Segments (Product/Channel/Region) 16.4.8.4. Sales Footprint 16.4.8.5. Strategy Overview 16.4.8.5.1. Marketing Strategy 16.4.8.5.2. Product Strategy 16.4.8.5.3. Channel Strategy 16.4.9. DSM 16.4.9.1. Overview 16.4.9.2. Product Portfolio 16.4.9.3. Profitability by Market Segments (Product/Channel/Region) 16.4.9.4. Sales Footprint 16.4.9.5. Strategy Overview 16.4.9.5.1. Marketing Strategy 16.4.9.5.2. Product Strategy 16.4.9.5.3. Channel Strategy 16.4.10. Naturex S.A. 16.4.10.1. Overview 16.4.10.2. Product Portfolio 16.4.10.3. Profitability by Market Segments (Product/Channel/Region) 16.4.10.4. Sales Footprint 16.4.10.5. Strategy Overview 16.4.10.5.1. Marketing Strategy 16.4.10.5.2. Product Strategy 16.4.10.5.3. Channel Strategy 16.4.11. ROHA ( A JJT Group Company) 16.4.11.1. Overview 16.4.11.2. Product Portfolio 16.4.11.3. Profitability by Market Segments (Product/Channel/Region) 16.4.11.4. Sales Footprint 16.4.11.5. Strategy Overview 16.4.11.5.1. Marketing Strategy 16.4.11.5.2. Product Strategy 16.4.11.5.3. Channel Strategy 16.4.12. San-Ei Gen F.F.I., Inc. 16.4.12.1. Overview 16.4.12.2. Product Portfolio 16.4.12.3. Profitability by Market Segments (Product/Channel/Region) 16.4.12.4. Sales Footprint 16.4.12.5. Strategy Overview 16.4.12.5.1. Marketing Strategy 16.4.12.5.2. Product Strategy 16.4.12.5.3. Channel Strategy 16.4.13. Sensient Colours LLC. 16.4.13.1. Overview 16.4.13.2. Product Portfolio 16.4.13.3. Profitability by Market Segments (Product/Channel/Region) 16.4.13.4. Sales Footprint 16.4.13.5. Strategy Overview 16.4.13.5.1. Marketing Strategy 16.4.13.5.2. Product Strategy 16.4.13.5.3. Channel Strategy 16.4.14. Symrise AG 16.4.14.1. Overview 16.4.14.2. Product Portfolio 16.4.14.3. Profitability by Market Segments (Product/Channel/Region) 16.4.14.4. Sales Footprint 16.4.14.5. Strategy Overview 16.4.14.5.1. Marketing Strategy 16.4.14.5.2. Product Strategy 16.4.14.5.3. Channel Strategy 16.4.15. Chr. Hansen Holding A/S 16.4.15.1. Overview 16.4.15.2. Product Portfolio 16.4.15.3. Profitability by Market Segments (Product/Channel/Region) 16.4.15.4. Sales Footprint 16.4.15.5. Strategy Overview 16.4.15.5.1. Marketing Strategy 16.4.15.5.2. Product Strategy 16.4.15.5.3. Channel Strategy 17. Assumptions and Acronyms Used 18. Research Methodology
Let us know your requirement to get
100% FREE customization
List of Tables
Table 01: Global Spirulina Extract Market Value (US$' 000) and Forecast by Region, 2017–2021 Table 02: Global Spirulina Extract Market Value (US$' 000) and Forecast by Region, 2022–2032 Table 03: Global Spirulina Extract Market Volume (Metric Tons) and Forecast by Region, 2017–2021 Table 04: Global Spirulina Extract Market Volume (Metric Tons) and Forecast by Region, 2022–2032 Table 05: Global Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2017–2021 Table 06: Global Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2022–2032 Table 07: Global Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2017–2021 Table 08: Global Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2022–2032 Table 09: Global Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2017–2021 Table 10: Global Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2022–2032 Table 11: Global Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2017–2021 Table 12: Global Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2022–2032 Table 17: North America Spirulina Extract Market Value (US$' 000) and Forecast by Country, 2017–2021 Table 18: North America Spirulina Extract Market Value (US$' 000) and Forecast by Country, 2022–2032 Table 19: North America Spirulina Extract Market Volume (Metric Tons) and Forecast by Country, 2017–2021 Table 20: North America Spirulina Extract Market Volume (Metric Tons) and Forecast by Country, 2022–2032 Table 21: North America Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2017–2021 Table 22: North America Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2022–2032 Table 23: North America Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2017–2021 Table 24: North America Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2022–2032 Table 25: North America Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2017–2021 Table 26: North America Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2022–2032 Table 27: North America Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2017–2021 Table 28: North America Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2022–2032 Table 29: Latin America (Ex. Mexico) Spirulina Extract Market Value (US$' 000) and Forecast by Country, 2017–2021 Table 30: Latin America (Ex. Mexico) Spirulina Extract Market Value (US$' 000) and Forecast by Country, 2022–2032 Table 31: Latin America (Ex. Mexico) Spirulina Extract Market Volume (Metric Tons) and Forecast by Country, 2017–2021 Table 32: Latin America (Ex. Mexico) Spirulina Extract Market Volume (Metric Tons) and Forecast by Country, 2022–2032 Table 33: Latin America (Ex. Mexico) Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2017–2021 Table 34: Latin America (Ex. Mexico) Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2022–2032 Table 35: Latin America (Ex. Mexico) Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2017–2021 Table 36: Latin America (Ex. Mexico) Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2022–2032 Table 37: Latin America (Ex. Mexico) Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2017–2021 Table 38: Latin America (Ex. Mexico) Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2022–2032 Table 39: Latin America (Ex. Mexico) Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2017–2021 Table 40: Latin America (Ex. Mexico) Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2022–2032 Table 41: Europe Spirulina Extract Market Value (US$' 000) and Forecast by Country, 2017–2021 Table 42: Europe Spirulina Extract Market Value (US$' 000) and Forecast by Country, 2022–2032 Table 43: Europe Spirulina Extract Market Volume (Metric Tons) and Forecast by Country, 2017–2021 Table 44: Europe Spirulina Extract Market Volume (Metric Tons) and Forecast by Country, 2022–2032 Table 45: Europe Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2017–2021 Table 46: Europe Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2022–2032 Table 47: Europe Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2017–2021 Table 48: Europe Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2022–2032 Table 49: Europe Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2017–2021 Table 50: Europe Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2022–2032 Table 51: Europe Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2017–2021 Table 52: Europe Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2022–2032 Table 53: Asia Pacific Spirulina Extract Market Value (US$' 000) and Forecast by Country, 2017–2021 Table 54: Asia Pacific Spirulina Extract Market Value (US$' 000) and Forecast by Country, 2022–2032 Table 55: Asia Pacific Spirulina Extract Market Volume (Metric Tons) and Forecast by Country, 2017–2021 Table 56: Asia Pacific Spirulina Extract Market Volume (Metric Tons) and Forecast by Country, 2022–2032 Table 57: Asia Pacific Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2017–2021 Table 58: Asia Pacific Spirulina Extract Market Value (US$' 000) and Forecast by Nature, 2022–2032 Table 59: Asia Pacific Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2017–2021 Table 60: Asia Pacific Spirulina Extract Market Volume (Metric Tons) and Forecast by Nature, 2022–2032 Table 61: Asia Pacific Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2017–2021 Table 62: Asia Pacific Spirulina Extract Market Value (US$' 000) and Forecast by Application, 2022–2032 Table 63: Asia Pacific Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2017–2021 Table 64: Asia Pacific Spirulina Extract Market Volume (Metric Tons) and Forecast by Application, 2022–2032
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystList of Charts
Figure 01: Global Spirulina Extract Market Size (US$ '000), Volume (Metric Tons), and Incremental $ Opportunity (US$ '000), 2017-2032 Figure 02: Global Spirulina Extract Market Share and BPS Analysis by Nature – 2022 & 2032 Figure 03: Global Spirulina Extract Market Attractiveness Analysis by Nature, 2022-2032 Figure 04: Global Spirulina Extract Market Conventional Incremental $ Opportunity, 2021-2032 Figure 05: Global Spirulina Extract Market Organic Incremental $ Opportunity, 2021-2032 Figure 06: Global Spirulina Extract Market Share and BPS Analysis by Applications – 2022 & 2032 Figure 07: Global Spirulina Extract Market Attractiveness Analysis by Applications, 2022-2032 Figure 08: Global Spirulina Extract Market Beverage Incremental $ Opportunity, 2021-2032 Figure 09: Global Spirulina Extract Market Bakery, Snacks, & Cereal Incremental $ Opportunity, 2021-2032 Figure 10: Global Spirulina Extract Market Candy / Confectionery Incremental $ Opportunity, 2021-2032 Figure 11: Global Spirulina Extract Market Dairy Incremental $ Opportunity, 2021-2032 Figure 12: Global Spirulina Extract Market Fruit Preparations / Fillings Incremental $ Opportunity, 2021-2032 Figure 13: Global Spirulina Extract Market Meat, Poultry, Fish, & Eggs Incremental $ Opportunity, 2021-2032 Figure 14: Global Spirulina Extract Market Potatoes, Pasta, & Rice Incremental $ Opportunity, 2021-2032 Figure 15: Global Spirulina Extract Market Sauces, Soups, & Dressings Incremental $ Opportunity, 2021-2032 Figure 16: Global Spirulina Extract Market Seasonings Incremental $ Opportunity, 2021-2032 Figure 17: Global Spirulina Extract Market Pet Food Incremental $ Opportunity, 2021-2032 Figure 18: Global Spirulina Extract Market Share and BPS Analysis by Applications – 2022 & 2032 Figure 19: Global Spirulina Extract Market Attractiveness Analysis by Applications, 2022-2032 Figure 20: Global Spirulina Extract Market Spirulina Incremental $ Opportunity, 2021-2032 Figure 21: Global Spirulina Extract Market Value Share (%) and BPS Analysis by Region, 2017, 2022 & 2032 Figure 22: Global Spirulina Extract Market Y-o-Y Growth (%) Projections by Segment, 2022-2032 Figure 23: North America Spirulina Extract Market Value (US$ '000), Volume (MT) Forecast and Analysis, 2022-2032 Figure 24: U.S. Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 25: Canada Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 26: Mexico Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 27: North America Spirulina Extract Market Attractiveness Analysis by Nature, 2022-2032 Figure 28: North America Spirulina Extract Market Attractiveness Analysis by Application, 2022-2032 Figure 29: Latin America Spirulina Extract Market Value (US$ '000), Volume (MT) Forecast and Analysis, 2022-2032 Figure 30: Brazil Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 31: Peru Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 32: Argentina Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 33: Chili Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 34: Colombia Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 35: Rest of Latin America Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 36: Latin America Spirulina Extract Market Attractiveness Analysis by Nature, 2022-2032 Figure 37: Latin America Spirulina Extract Market Attractiveness Analysis by Application, 2022-2032 Figure 38: EMEAI Spirulina Extract Market Value (US$ '000), Volume (MT) Forecast and Analysis, 2022-2032 Figure 39: Germany Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 40: Italy Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 41: France Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 42: UK Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 43: Spain Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 44: India Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 45: GCC Countries Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 46: South Africa Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 47: Rest of EMEAI Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 48: EMEAI Spirulina Extract Market Attractiveness Analysis by Nature, 2022-2032 Figure 49: EMEAI Spirulina Extract Market Attractiveness Analysis by Application, 2022-2032 Figure 50: Asia Pacific Spirulina Extract Market Value (US$ '000), Volume (MT) Forecast and Analysis, 2022-2032 Figure 51: ANZ Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 52: SEA Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 53: Japan Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 54: China Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 55: South Korea Spirulina Extract Market Incremental $ Opportunity, 2022-2032 Figure 56: Asia Pacific Spirulina Extract Market Attractiveness Analysis by Nature, 2022-2032 Figure 57: Asia Pacific Spirulina Extract Market Attractiveness Analysis by Application, 2022-2032
Need specific information?
Request CustomizationExplore Food and Beverage Insights
View Reports
