Spirulina Market was valued at USD 532.49 Million in 2022, and it is expected to reach USD 1077.96 Million by 2029, exhibiting a CAGR of 10.6 % during the forecast period (2023-2029)

Spirulina Market Overview:

The Spirulina Market study may be tailored to include price trend analysis of target brands, Spirulina Market knowledge for other countries (ask for a list), clinical trial findings in data, literature research, refurbished Spirulina Market and product base analysis, and other services. Technology-based research to Spirulina Market portfolio strategies are examples of target rival Spirulina Market analysis. We may include as many rivals as you require in the format and data type of your choosing.

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Spirulina Market Scope:

The Spirulina Market research report offers insights into each of the top Spirulina Market end users, as well as annual forecasts through 2029. The analysis estimates the revenue, sales, and growth rate of the global Spirulina Market.

Segmentation:

Based on Drug Formulation, the global Spirulina market is segmented into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent. The Powder category accounted for 78% of the spirulina market in 2022 and is expected to expand at the fastest CAGR of 10.7% during the forecast period. This is mostly owing to increased demand from nutraceutical manufacturers as a consequence of expanding consumer health awareness, as well as its increasing use as an ingredient in a variety of food and beverage items.

Key Players: the key players are

1. Sensient Technologies Corp.
2. Parry Nutraceuticals Limited
3. GNC Holdings, Inc.
4. Now Health Group Inc.
5. Naturex S.A.
6. Naturalin Bio-Resources Co., Ltd
7. GNT Holding B.V.
8. Fuqing King DnarmsaSpirulina Co., Ltd.
9. FrakenBiochem Co., Ltd.
10. Far East Bio-Tec Co., Ltd.
11. Dongtai City Spirulina Bio-Engineering Co., Ltd.
12. Dhler GmbH
13. DIC Corporation
14. DDW Inc.
15. Cyanotech Corp
16. Chr. Hansen Holding A/S
17. Cabassi & Giuriati SpA
18. Echlorial
19. Givaudan international SA
20. Yunnan Green A Biological Project Co., Ltd
21. Earthrise Nutritionals, Llc
22. Zhejiang Comp Spirulina Co., Ltd.

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Regional Analysis:

Individual Spirulina Market influencing variables and changes in Spirulina Market laws that affect present and future Spirulina Market trends are also included in the regional segment of the Spirulina Market study. Consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis are some of the primary factors utilized to anticipate Spirulina Market conditions for individual nations.

COVID-19 Impact Analysis on Spirulina Market:

The report also includes COVID-19 impact on Spirulina Market.

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Key Questions Answered in the Spirulina Market Report are:

What will be the CAGR of the Spirulina Market during the forecast period (2023-2029)?
Which segment emerged as the leading segment in the Spirulina Market in 2020?
Which are the key players in the Spirulina Market?
What key trends are likely to emerge in the Spirulina Market in the forecast period?


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