Abstract
Summary
Spirulina is a biomass of cyanobacteria (blue-green algae) that can be consumed by humans and animals. The two species are Arthrospira platensis and A. maxima. Its advantage for food security is that it needs less land and water than livestock to produce protein and energy.
Dried spirulina contains 5% water, 24% carbohydrates, 8% fat, and about 60% (51–71%) protein.
The global market for Spirulina Food was estimated to be worth US$ 637 million in 2023 and is forecast to a readjusted size of US$ 980.2 million by 2030 with a CAGR of 6.6% during the forecast period 2024-2030
Spirulina is a type of blue-green algae that has gained popularity as a dietary supplement and functional food ingredient due to its potential health benefits. Increasing consumer awareness of health and wellness drove the demand for natural and nutrient-rich food products like Spirulina. Consumers sought functional foods that offer health benefits. Spirulina is considered a superfood due to its high protein content, essential amino acids, vitamins, minerals, and antioxidants. This nutritional profile positioned it as an attractive ingredient for various food products. Spirulina's plant-based and vegan-friendly characteristics made it appealing to consumers following plant-based diets or seeking alternative protein sources. Spirulina extract served as a natural colorant, especially in the food and beverage industry. The trend toward clean labels and natural ingredients boosted its use as a food coloring agent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Spirulina Food, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Spirulina Food by region & country, by Type, and by Application.
The Spirulina Food market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spirulina Food.
Market Segmentation
By Company
Aztec Spirulina
Prolgae Spirulina Supplies Pvt. Ltd.
BATA Food
LEE BISCUITS (PTE.) LTD
Yingkou Biluyuan Health Food Co., Ltd.
RKS Health Care
Tavelmout Corporation
Now Foods
Earthrise Nutritionals
Nutrex Hawaii
Cyanotech Corporation
SpiraVeg
Sari Foods
Algene Biotech
Dutch Nutrition
DIC Corporation
Spira:Veg
Segment by Type:
Solid Food
Beverage
Segment by Application
Online Sales
Offline Sales
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Spirulina Food manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Spirulina Food in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Spirulina Food in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Dried spirulina contains 5% water, 24% carbohydrates, 8% fat, and about 60% (51–71%) protein.
The global market for Spirulina Food was estimated to be worth US$ 637 million in 2023 and is forecast to a readjusted size of US$ 980.2 million by 2030 with a CAGR of 6.6% during the forecast period 2024-2030
Spirulina is a type of blue-green algae that has gained popularity as a dietary supplement and functional food ingredient due to its potential health benefits. Increasing consumer awareness of health and wellness drove the demand for natural and nutrient-rich food products like Spirulina. Consumers sought functional foods that offer health benefits. Spirulina is considered a superfood due to its high protein content, essential amino acids, vitamins, minerals, and antioxidants. This nutritional profile positioned it as an attractive ingredient for various food products. Spirulina's plant-based and vegan-friendly characteristics made it appealing to consumers following plant-based diets or seeking alternative protein sources. Spirulina extract served as a natural colorant, especially in the food and beverage industry. The trend toward clean labels and natural ingredients boosted its use as a food coloring agent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Spirulina Food, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Spirulina Food by region & country, by Type, and by Application.
The Spirulina Food market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spirulina Food.
Market Segmentation
By Company
Aztec Spirulina
Prolgae Spirulina Supplies Pvt. Ltd.
BATA Food
LEE BISCUITS (PTE.) LTD
Yingkou Biluyuan Health Food Co., Ltd.
RKS Health Care
Tavelmout Corporation
Now Foods
Earthrise Nutritionals
Nutrex Hawaii
Cyanotech Corporation
SpiraVeg
Sari Foods
Algene Biotech
Dutch Nutrition
DIC Corporation
Spira:Veg
Segment by Type:
Solid Food
Beverage
Segment by Application
Online Sales
Offline Sales
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Spirulina Food manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Spirulina Food in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Spirulina Food in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
1.1 Spirulina Food Product Introduction
1.2 Global Spirulina Food Market Size Forecast
1.3 Spirulina Food Market Trends & Drivers
1.3.1 Spirulina Food Industry Trends
1.3.2 Spirulina Food Market Drivers & Opportunity
1.3.3 Spirulina Food Market Challenges
1.3.4 Spirulina Food Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Spirulina Food Players Revenue Ranking (2023)
2.2 Global Spirulina Food Revenue by Company (2019-2024)
2.3 Key Companies Spirulina Food Manufacturing Base Distribution and Headquarters
2.4 Key Companies Spirulina Food Product Offered
2.5 Key Companies Time to Begin Mass Production of Spirulina Food
2.6 Spirulina Food Market Competitive Analysis
2.6.1 Spirulina Food Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Spirulina Food Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Spirulina Food as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Solid Food
3.1.2 Beverage
3.2 Global Spirulina Food Sales Value by Type
3.2.1 Global Spirulina Food Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Spirulina Food Sales Value, by Type (2019-2030)
3.2.3 Global Spirulina Food Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Online Sales
4.1.2 Offline Sales
4.2 Global Spirulina Food Sales Value by Application
4.2.1 Global Spirulina Food Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Spirulina Food Sales Value, by Application (2019-2030)
4.2.3 Global Spirulina Food Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Spirulina Food Sales Value by Region
5.1.1 Global Spirulina Food Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Spirulina Food Sales Value by Region (2019-2024)
5.1.3 Global Spirulina Food Sales Value by Region (2025-2030)
5.1.4 Global Spirulina Food Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Spirulina Food Sales Value, 2019-2030
5.2.2 North America Spirulina Food Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Spirulina Food Sales Value, 2019-2030
5.3.2 Europe Spirulina Food Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Spirulina Food Sales Value, 2019-2030
5.4.2 Asia Pacific Spirulina Food Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Spirulina Food Sales Value, 2019-2030
5.5.2 South America Spirulina Food Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Spirulina Food Sales Value, 2019-2030
5.6.2 Middle East & Africa Spirulina Food Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Spirulina Food Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Spirulina Food Sales Value
6.3 United States
6.3.1 United States Spirulina Food Sales Value, 2019-2030
6.3.2 United States Spirulina Food Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Spirulina Food Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Spirulina Food Sales Value, 2019-2030
6.4.2 Europe Spirulina Food Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Spirulina Food Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Spirulina Food Sales Value, 2019-2030
6.5.2 China Spirulina Food Sales Value by Type (%), 2023 VS 2030
6.5.3 China Spirulina Food Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Spirulina Food Sales Value, 2019-2030
6.6.2 Japan Spirulina Food Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Spirulina Food Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Spirulina Food Sales Value, 2019-2030
6.7.2 South Korea Spirulina Food Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Spirulina Food Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Spirulina Food Sales Value, 2019-2030
6.8.2 Southeast Asia Spirulina Food Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Spirulina Food Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Spirulina Food Sales Value, 2019-2030
6.9.2 India Spirulina Food Sales Value by Type (%), 2023 VS 2030
6.9.3 India Spirulina Food Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Aztec Spirulina
7.1.1 Aztec Spirulina Profile
7.1.2 Aztec Spirulina Main Business
7.1.3 Aztec Spirulina Spirulina Food Products, Services and Solutions
7.1.4 Aztec Spirulina Spirulina Food Revenue (US$ Million) & (2019-2024)
7.1.5 Aztec Spirulina Recent Developments
7.2 Prolgae Spirulina Supplies Pvt. Ltd.
7.2.1 Prolgae Spirulina Supplies Pvt. Ltd. Profile
7.2.2 Prolgae Spirulina Supplies Pvt. Ltd. Main Business
7.2.3 Prolgae Spirulina Supplies Pvt. Ltd. Spirulina Food Products, Services and Solutions
7.2.4 Prolgae Spirulina Supplies Pvt. Ltd. Spirulina Food Revenue (US$ Million) & (2019-2024)
7.2.5 Prolgae Spirulina Supplies Pvt. Ltd. Recent Developments
7.3 BATA Food
7.3.1 BATA Food Profile
7.3.2 BATA Food Main Business
7.3.3 BATA Food Spirulina Food Products, Services and Solutions
7.3.4 BATA Food Spirulina Food Revenue (US$ Million) & (2019-2024)
7.3.5 LEE BISCUITS (PTE.) LTD Recent Developments
7.4 LEE BISCUITS (PTE.) LTD
7.4.1 LEE BISCUITS (PTE.) LTD Profile
7.4.2 LEE BISCUITS (PTE.) LTD Main Business
7.4.3 LEE BISCUITS (PTE.) LTD Spirulina Food Products, Services and Solutions
7.4.4 LEE BISCUITS (PTE.) LTD Spirulina Food Revenue (US$ Million) & (2019-2024)
7.4.5 LEE BISCUITS (PTE.) LTD Recent Developments
7.5 Yingkou Biluyuan Health Food Co., Ltd.
7.5.1 Yingkou Biluyuan Health Food Co., Ltd. Profile
7.5.2 Yingkou Biluyuan Health Food Co., Ltd. Main Business
7.5.3 Yingkou Biluyuan Health Food Co., Ltd. Spirulina Food Products, Services and Solutions
7.5.4 Yingkou Biluyuan Health Food Co., Ltd. Spirulina Food Revenue (US$ Million) & (2019-2024)
7.5.5 Yingkou Biluyuan Health Food Co., Ltd. Recent Developments
7.6 RKS Health Care
7.6.1 RKS Health Care Profile
7.6.2 RKS Health Care Main Business
7.6.3 RKS Health Care Spirulina Food Products, Services and Solutions
7.6.4 RKS Health Care Spirulina Food Revenue (US$ Million) & (2019-2024)
7.6.5 RKS Health Care Recent Developments
7.7 Tavelmout Corporation
7.7.1 Tavelmout Corporation Profile
7.7.2 Tavelmout Corporation Main Business
7.7.3 Tavelmout Corporation Spirulina Food Products, Services and Solutions
7.7.4 Tavelmout Corporation Spirulina Food Revenue (US$ Million) & (2019-2024)
7.7.5 Tavelmout Corporation Recent Developments
7.8 Now Foods
7.8.1 Now Foods Profile
7.8.2 Now Foods Main Business
7.8.3 Now Foods Spirulina Food Products, Services and Solutions
7.8.4 Now Foods Spirulina Food Revenue (US$ Million) & (2019-2024)
7.8.5 Now Foods Recent Developments
7.9 Earthrise Nutritionals
7.9.1 Earthrise Nutritionals Profile
7.9.2 Earthrise Nutritionals Main Business
7.9.3 Earthrise Nutritionals Spirulina Food Products, Services and Solutions
7.9.4 Earthrise Nutritionals Spirulina Food Revenue (US$ Million) & (2019-2024)
7.9.5 Earthrise Nutritionals Recent Developments
7.10 Nutrex Hawaii
7.10.1 Nutrex Hawaii Profile
7.10.2 Nutrex Hawaii Main Business
7.10.3 Nutrex Hawaii Spirulina Food Products, Services and Solutions
7.10.4 Nutrex Hawaii Spirulina Food Revenue (US$ Million) & (2019-2024)
7.10.5 Nutrex Hawaii Recent Developments
7.11 Cyanotech Corporation
7.11.1 Cyanotech Corporation Profile
7.11.2 Cyanotech Corporation Main Business
7.11.3 Cyanotech Corporation Spirulina Food Products, Services and Solutions
7.11.4 Cyanotech Corporation Spirulina Food Revenue (US$ Million) & (2019-2024)
7.11.5 Cyanotech Corporation Recent Developments
7.12 SpiraVeg
7.12.1 SpiraVeg Profile
7.12.2 SpiraVeg Main Business
7.12.3 SpiraVeg Spirulina Food Products, Services and Solutions
7.12.4 SpiraVeg Spirulina Food Revenue (US$ Million) & (2019-2024)
7.12.5 SpiraVeg Recent Developments
7.13 Sari Foods
7.13.1 Sari Foods Profile
7.13.2 Sari Foods Main Business
7.13.3 Sari Foods Spirulina Food Products, Services and Solutions
7.13.4 Sari Foods Spirulina Food Revenue (US$ Million) & (2019-2024)
7.13.5 Sari Foods Recent Developments
7.14 Algene Biotech
7.14.1 Algene Biotech Profile
7.14.2 Algene Biotech Main Business
7.14.3 Algene Biotech Spirulina Food Products, Services and Solutions
7.14.4 Algene Biotech Spirulina Food Revenue (US$ Million) & (2019-2024)
7.14.5 Algene Biotech Recent Developments
7.15 Dutch Nutrition
7.15.1 Dutch Nutrition Profile
7.15.2 Dutch Nutrition Main Business
7.15.3 Dutch Nutrition Spirulina Food Products, Services and Solutions
7.15.4 Dutch Nutrition Spirulina Food Revenue (US$ Million) & (2019-2024)
7.15.5 Dutch Nutrition Recent Developments
7.16 DIC Corporation
7.16.1 DIC Corporation Profile
7.16.2 DIC Corporation Main Business
7.16.3 DIC Corporation Spirulina Food Products, Services and Solutions
7.16.4 DIC Corporation Spirulina Food Revenue (US$ Million) & (2019-2024)
7.16.5 DIC Corporation Recent Developments
7.17 Spira:Veg
7.17.1 Spira:Veg Profile
7.17.2 Spira:Veg Main Business
7.17.3 Spira:Veg Spirulina Food Products, Services and Solutions
7.17.4 Spira:Veg Spirulina Food Revenue (US$ Million) & (2019-2024)
7.17.5 Spira:Veg Recent Developments
8 Industry Chain Analysis
8.1 Spirulina Food Industrial Chain
8.2 Spirulina Food Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Spirulina Food Sales Model
8.5.2 Sales Channel
8.5.3 Spirulina Food Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer