Sunday, 17 October 2021 06:23 GMT

Spirulina Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025

(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Sep 27, 2021, 00:02 /Comserve / -- The report predicts the global spirulina market to grow at a healthy CAGR over the forecast period from 2019-2025.

The report on the global spirulina market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global spirulina market to grow at a healthy CAGR over the forecast period from 2019-2025. The study on spirulina market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.

The report on spirulina market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global spirulina market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.

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Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global spirulina market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings
1) Drivers
• Growing malnutrition, growing demand for natural food colors, increasing vegetarianism
• Rise in the demand for cyanobacteria due to their contribution to weight reduction
2) Restraints
• Lesser stability and poor sustainability of natural colors
3) Opportunities
• Growing awareness regarding the health benefits of spirulina superfood

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global spirulina market is segmented on the basis of type, application, and drug formulation.

The Global Spirulina Market by Type
• Arthrospira Platensis
• Arthrospira Maxima

The Global Spirulina Market by Application
• Food and Beverages
• Animal Feed
• Nutraceuticals
• Cosmetics
• Other Application

The Global Spirulina Market by Drug Formulation
• Tablet and Capsule
• Powder
• Liquid
• Granule & Gelling Agent

Company Profiles
The companies covered in the report include
• Chr. Hansen Holding A/S
• Fuqing King Dnarmsa Spirulina Co. Ltd
• Cyanotech Corporation
• Sensient Technologies Corporation
• DIC Corporation
• Algenol Biofuels Inc.
• Naturex S.A
• Sunrise Nutrachem Group Co. Ltd.
• DDW The Color House
• Parry Neutraceuticals
• Other companies

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the spirulina market.
2. Complete coverage of all the segments in the spirulina market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global spirulina market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


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