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Spirulina Extract Market By Form (Powder, Liquid), By Application (Dietary Supplements & Nutraceutical, Confectionery, Cosmetic, Bio-Fertilizer, Aquaculture Feed) ) - Growth, Future Prospects And Competitive Analysis, 2016 - 2024

This report titled “Spirulina Extract Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in the spirulina extract market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates an in-depth analysis of multiple market segments based on form, application, and geographical distribution.

Natural food colors are witnessing increased adoption among food and beverage manufacturers. Rising consumer awareness regarding the intake of natural ingredients, health consciousness, the ban by governments of various countries on synthetic food color use in food and beverage applications, and the development of sustainable and cost-effective color formulations are some of the factors leading to the development of natural food colors such as spirulina. The upswing in the spirulina extract market among food and beverage manufacturers is expected to result in double-digit growth of the overall spirulina extract market in the forthcoming years. Furthermore, the blue color formulation is not easily available in natural colors; this is anticipated to generate high demand for spirulina extract in the near future. Spirulina extract is finding profound use in the manufacturing of confectionaries and ice creams.

In this report, the spirulina extract market is segmented on the basis of form and application. Spirulina extract usage is in two forms powdered and liquid. Based on application, the spirulina extract market is segmented into dietary supplements & nutraceuticals, confectionary, cosmetics, bio-fertilizer, and aquaculture feed. Market size and forecast for all the considered segmentation are presented in this report for the period 2013-2023 (US Mn), along with their respective CAGRs for the forecast period 2016-2023 (Value %).

In terms of geographical distribution, the global spirulina extract market is studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods.

To further elucidate, the geographical distribution of the global spirulina extract market is performed as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global spirulina extract market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with the company profiles section. This section includes major information about the key spirulina extract manufacturers across the globe.

Frequently Asked Questions:

The market for Spirulina Extract Market is expected to reach USD$ 289.0 Mn in 2025.

The Spirulina Extract Market is expected to see significant CAGR growth over the coming years, at 9.6%.

The report is forecasted from 2017 -2025.

The base year of this report is 2016.

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Trusted By
Godaddy
Published Date:  Jan 2017
Category:  Food & Beverage
Report ID:   57934
Report Format:   PDF
Pages:   120
Rating:    4.8 (80)
Delivery Time: 24 Hours to 48 Hours   
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