(MENAFN- The Express Wire) Organic Spirulina Powder Market Analysis Report 2023: 360-degree view of the Industry covering all essential aspects that impact the industry like key market trends, growth drivers, challenges, and opportunities.
The " organic spirulina powder market "report presents a comprehensive summary of market demand, along with an analysis of emerging competitors like ( Guangxi Nongken Lvxian Biological Health Food Co., Ltd., FuqingÂKing Dnarmsa Spirulina Co., Ltd., C.B.N. Bio-engineering Co., Ltd, Yunnan Green A Biological Project Co., Ltd, Aim Grow Biotech Co., Ltd, EID Parry ) and their revenue figures. It begins by explaining how the global Organic Spirulina Powder market has evolved over time and how various factors have influenced it. The report examines different market characteristics (drivers, constraints, trends, and opportunities) and provides details on future forecasts. It also includes statistical analysis of important market changes, growth projections, and global data.
The global Organic Spirulina Powder market size was valued at USD 4.21 Million in 2022 and will reach USD 5.85 Million in 2028, with a CAGR of 5.64% during 2022-2028. ask for a sample report
Organic Spirulina Powder Market overview and Forecast Scenarios to 2030
Organic Spirulina is rich in various vitamins and minerals necessary to maintain a healthy immune system and is organically cultivated. Organic Spirulina Powder is made from fresh organic spirulina which is spray-dried and sterilized by sieving. It contains many vitamins and minerals and is widely used in Cosmetics and Personal Care, Pharmaceutical and Nutraceutical, Animal Feed, Food and Beverage, and other industries.
Market Opportunities
Growing Use of Spirulina Powder in Cosmetic and Personal Care Industry
At present, with the continuous development of the economy and the continuous increase of people's disposable income, consumers' spending on cosmetics and personal care products continues to increase. Spirulina powder contains high amounts of vitamins such as A, C and E which are antioxidants that nourish the skin and are therefore used in moisturizers and skin creams. In addition, spirulina has the functions of scavenging free radicals and anti-inflammation, which can play an anti-aging effect on the skin. Adding a certain amount of spirulina to skin care products can significantly improve the luster and elasticity of the skin, improve the feel of the skin, and make the skin soft and moist. At present, many cosmetic and personal care product companies have launched products that add Organic Spirulina Powder, including facial masks, essences, creams, and cleansers. Overall, the increasing use of Organic Spirulina Powder in the cosmetics and personal care industry is one of the opportunities for the growth of the industry.
Market Risk
Spirulina cultivation also faces challenges such as pest control, genetic contamination, strain selection, climate change, and threats from herbivores, as well as understanding the impact of aquaculture on surrounding ecosystems. Spirulina is a type of cyanobacteria, and other cyanobacteria produce toxins such as microcystins. Currently, some spirulina supplements have been found to be contaminated with microcystins. Microcystins can cause gastrointestinal distress such as diarrhea, flatulence, headache, muscle pain, flushing, and sweating. May cause liver damage if used long-term. Even chronic exposure to low levels of microcystins can have effects due to the risk of toxicity to multiple organ systems.
Region Overview:
In 2022, the share of the Organic Spirulina Powder market in North America stood at 40.94%.
Company Overview:
Yunnan Green A Biological Project Co., Ltd was established in the year 1997, It is a high-tech foreign enterprise professional on research and development, breeding, production and sales of micro-algae health products. After 21 yearsâ development, Green A has been successfully applied Spirulina and Haematococcus Pluvialis into many fields, such as Health care products, medicine, cosmetics and foods. Therefore, Green A has become a synonymous of Chinese health products.
EID Parry is a publicly traded company engaged in the sugar and nutraceutical business. EID Parry is the pioneer and world leader in organic spirulina and microalgae products for nutraceuticals. 'Parrys Spirulina' with 3 major international certifications is sold in more than 41 countries around the world. Nutraceuticals business for microalgae production has highly specialized manufacturing plants located in Oonaiyur and Saveripuram, Tamil Nadu.
Yunnan Green A Biological Project Co., Ltd is one of the major players operating in the Organic Spirulina Powder market, holding a share of 17.13% in 2023.
Segmentation Overview:
Food Grade
Refers to products that meet the requirements for adding to food.
Cosmetic Grade
Refers to products that meet the requirements for adding to cosmetics.
Pharmaceutical Grade
Refers to products that meet the requirements for addition to pharmaceutical products.
By type, Food Grade segment accounted for the largest share of market in 2022.
Application Overview:
Cosmetics and Personal Care
This application refers to adding Organic Spirulina Powder to facial cleanser, face cream, body lotion and other products.
Pharmaceutical and Nutraceutical
Organic Spirulina Powder has high nutritional value and medicinal value, and has the effects of improving immunity and lowering blood lipids, and can be used in medicines and nutraceutical products.
Animal Feed
In the field of Animal Feed, Organic Spirulina Powder can be used as an alternative feed for animals and aquaculture.
Food and Beverage
In this application, Organic Spirulina Powder can be added to food and beverage as a food additive
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
TOP COMPANIES/MANUFACTURERS Dominating the Global Organic Spirulina Powder Market are listed below:
Guangxi Nongken Lvxian Biological Health Food Co., Ltd. FuqingÂKing Dnarmsa Spirulina Co., Ltd. C.B.N. Bio-engineering Co., Ltd Yunnan Green A Biological Project Co., Ltd Aim Grow Biotech Co., Ltd EID Parry
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Key Points this Global Organic Spirulina Powder Market Report Include:
Market Size Estimates: Organic Spirulina Powder market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends : Organic Spirulina Powder market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia and Ukraine War on the Organic Spirulina Powder market
Segment Market Analysis: Organic Spirulina Powder market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Organic Spirulina Powder market situations and prospects in major and top regions and countries
Organic Spirulina Powder Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
Organic Spirulina Powder Industry Chain: Organic Spirulina Powder market raw materials and suppliers, manufacturing process, distributors by region, downstream customers
Organic Spirulina Powder Industry News, Policies by regions
Organic Spirulina Powder Industry Porters Five Forces Analysis
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Key highlights of the report:
- Define, describe and forecast Organic Spirulina Powder product market by type, application, end user and region.
- Provide enterprise external environment analysis and PEST analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Organic Spirulina Powder Market Product Insights:
Based on the Organic Spirulina Powder market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analysed in detail. To Boost Growth during the epidemic era, this report analyses in detail for the potential risks and opportunities which can be focused on.
Based on TYPE, the Organic Spirulina Powder market from 2023 to 2030 is primarily split into:
Food Grade Cosmetic Grade Pharmaceutical Grade
Based on applications, the Organic Spirulina Powder market from 2023 to 2030 covers:
Cosmetics and Personal Care Pharmaceutical and Nutraceutical Animal Feed Food and Beverage Others
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Regional Insights:
Here is the list of regions covered: North America: United States, Canada, Europe: GermanyFrance, U.K., Italy, Russia,Asia-Pacific: China, Japan, South, India, Australia, China, Indonesia, Thailand, Malaysia, Latin America:Mexico, Brazil, Argentina, Colombia, Middle East and Africa:Turkey, Saudi, Arabia, UAE, Korea.
COVID-19 AND RUSSIA-UKRAINE WAR INFLUENCE ANALYSIS:
The readers in the section will understand how the Organic Spirulina Powder market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
The Organic Spirulina Powder market revenue was Million USD in 2016, grew to Million USD in 2023, and will reach Million USD in 2030, with a CAGR of during 2023-2030.Considering the influence of COVID-19 on the global Organic Spirulina Powder market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.
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Years considered for this report:
Historical Years: 2016-2023
Base Year: 2023
Estimated Year: 2023
Forecast Period: 2023-2030
Key highlights of the report:
- Define, describe and forecast Organic Spirulina Powder product market by type, application, end user and region.
- Provide enterprise external environment analysis and PEST analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including market driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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Chapter Outline mentioned in Organic Spirulina Powder Market Report:
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Organic Spirulina Powder market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Organic Spirulina Powder industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Organic Spirulina Powder market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' MandA and expansion in recent years.
Chapter 4 is an analysis of the Organic Spirulina Powder industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Organic Spirulina Powder market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Organic Spirulina Powder market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Organic Spirulina Powder market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
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