How Big is the Spirulina Market?
The Global Spirulina Market size is valued at around USD 848.12 Million in 2024 is projected to reach USD 1,298 Million by 2030. The market is also estimated to grow at a CAGR of around 8.89% during the forecast period, i.e., 2025-30. The growth of the market is driven primarily by the mounting awareness about the benefits of Spirulina with antioxidants cleansing properties and its high effectiveness on skin health owing to trace elements like selenium zinc. Spirulina helps enhance skin firmness elasticity, owing to its phycocyanin content that helps detoxify hydrate skin. As a result, its burgeoning demand across the cosmetic personal care sector is also augmenting the overall market growth.
Market Statistics
- Market Size in 2024: USD 848.12 Million
- Market Size By 2030: USD 1,298 Million
- Market Growth Rate (CAGR): 8.89% from 2025-2030
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Spirulina Market Insight:
Driver-
Rising Application of Spirulina in the Food Beverage Sector - As Spirulina exhibits high nutritional value and addresses curbs health conditions like malnutrition among people, its demand is escalating swiftly across various countries worldwide, i.e., instigating manufacturers to expand their production distribution capacities to cater to varied consumer requirements. As a result, several companies are now actively participating in introducing different food beverages utilizing these supplements, which, in turn, is driving the Global Spirulina Market.
Spirulina Market Segmentation:
The report has segmented the market into the following categories:
By Type
- Arthrospira Platensis
- Arthrospira Maxima
By Formation
- Powder
- Tablet
- Liquid
By Application
- Food Beverage
- Bakery
- Confectionery
- Other Processed Foods
- Dietary Supplements
- Cosmetics Personal Care
- Agriculture
By Region
- North America
- South America
- Europe
- Middle East Africa
- Asia-Pacific
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Competitive Landscape:
- Algenol Biofuels Inc.
- Chr. Hansen Holding A/S.
- Cyanotech Corporation
- Dongtai City Spirulina Bio-engineering Co.
- Fuqing King Dnarmsa Spirulina Co., Ltd.
- Fraken Biochem Co., Ltd.
- Naturex S.A.
- Now Foods
- Parry Nutraceuticals Ltd.
- Prolgae Spirulina Supplies Pvt. Ltd.
- Sensient Technologies Corporation
- Others.
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2025-2030)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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