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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