Press release
Spirulina Market Key Players: Kapiva, Gandalf Spirulina, Vitality Products Inc., Swisse Wellness PTY LTD., Swanson, WeightWorld,
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Spirulina is a blue-green alga that is known for nutritional capabilities. Spirulina is a nutrient-dense food, high in protein, vitamins, and minerals and offers many potential health benefits. Due to the strong demand for nutritional foods, the global spirulina market reached at a market valuation of USD XX.X Billion in 2018 and is estimated to grow at a CAGR of XX.X% during the forecast period, i.e., 2019-2024.
Market Insights
Growth Drivers – Spirulina Market
Health Benefits of Spirulina
Spirulina, considered a superfood, is a high-nutrient, low-calorie food that contains a lot of nutrition even in a small amount. Enriched with exceptional nutrient density, Spirulina offers several health benefits such as cholesterol-lowering, improvements in blood pressure and endothelial function, and others. Consumption of Spirulina also helps in managing blood sugar, increasing muscle strength and endurance, treating anemia, and offers many health benefits. Since there is a strong demand for healthy & nutrition-luxurious food products, it is expected that the global spirulina market will thrive at an unprecedented rate in the coming years.
Growing Use of Spirulina to Fight Obesity
Research has stated that Spirulina is beneficial in losing weight. Spirulina works as a functional food for obese and diabetic individuals and is used in a weight loss program. Worldwide obesity has nearly tripled since 1975, and obese individuals are looking for the solution in food items. Regular consumption of Spirulina not only improved BMI and weight but also results in improvements in blood pressure and endothelial function. Growing obesity coupled with Spirulina’s capability to reduce weight is likely to bolster the growth of global spirulina market in the near future.
Wide Application Area of Spirulina
Spirulina is used in a wide range of application, including skincare, medicine, food color, and more. Further, the food & beverage industry is coming forward to use every possible natural ingredient in food development in order to develop a healthier food product. This going green trend in the food & beverage industry is poised to back the spirulina market in the near future. Spirulina is available in different forms such as capsules, powder, and others, which makes Spirulina very easy to consume and fits into an individual’s busy schedule.
Barriers – Spirulina Market
Low awareness among the population regarding Spirulina and its health benefits is a critical challenge in global spirulina market. Apart from this, the availability of alternatives is another major issue in global spirulina market
Segmentation
By Type
- Arthrospira Platensis
- Arthrospira Maxima
By Form
- Capsule
- Powder
- Others
By Application
- Cosmetics
- Nutraceuticals
- Food & Beverage
- Animal Feed
- Others
By Distribution Channel:
- Online Stores
- Offline Stores
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
• Kapiva
• Gandalf Spirulina
• Vitality Products Inc.
• Swisse Wellness PTY LTD.
• Swanson
• WeightWorld
• Planet Health Pty Ltd.
• KIKI Ltd.
• Zhou Nutrition
• Organika Health Products Inc.
• Other Major & Niche Players
Browse Full Report With TOC @ https://www.fastmr.com/report/48/spirulina-market
Table Of Content
Research Methodology
Market Definition and List of Abbreviations
Executive Summary
Growth Drivers & Issues in Global Spirulina Market
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Europe
2.5. Middle East & Africa
Global Spirulina Market Trends
Opportunities in Global Spirulina Market
Recent Industry Activities, 2018
Porter's Five Forces Analysis
Macro-Economic Trends
PEST Analysis
Market Value Chain and Supply Chain Analysis
Global Spirulina Market Value (USD Million), 2018-2024
Global Spirulina Market Segmentation Analysis, By Type
11.1. Introduction
11.2. Market Attractiveness, By Type
11.3. BPS Analysis, By Type
11.4. Arthrospira Platensis Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.5. Arthrospira Maxima Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
Global Spirulina Market Segmentation Analysis, By Form
12.1. Introduction
12.2. Market Attractiveness, By Form
12.3. BPS Analysis, By Form
12.4. Capsule Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.5. Powder Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.6. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
Global Spirulina Market Segmentation Analysis, By Application
13.1. Introduction
13.2. Market Attractiveness, By Application
13.3. BPS Analysis, By Application
13.4. Cosmetics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.5. Nutraceuticals Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.6. Food & Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.7. Animal Feed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.8. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
Global Spirulina Market Segmentation Analysis, By Distribution Channel
14.1. Introduction
14.2. Market Attractiveness, By Distribution Channel
14.3. BPS Analysis, By Distribution Channel
14.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
Geographical Analysis
15.1. Introduction
15.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.1. By Type
15.2.1.1. Introduction
15.2.1.2. Market Attractiveness, By Type
15.2.1.3. BPS Analysis, By Type
15.2.1.4. Arthrospira Platensis Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.1.5. Arthrospira Maxima Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.2. By Form
15.2.2.1. Introduction
15.2.2.2. Market Attractiveness, By Form
15.2.2.3. BPS Analysis, By Form
15.2.2.4. Capsule Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.2.5. Powder Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.2.6. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.3. By Application
15.2.3.1. Introduction
15.2.3.2. Market Attractiveness, By Application
15.2.3.3. BPS Analysis, By Application
15.2.3.4. Cosmetics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.3.5. Nutraceuticals Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.3.6. Food & Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.3.7. Animal Feed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.3.8. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.4. By Distribution Channel
15.2.4.1. Introduction
15.2.4.2. Market Attractiveness, By Distribution Channel
15.2.4.3. BPS Analysis, By Distribution Channel
15.2.4.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.4.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.5. By Country
15.2.5.1. Market Attractiveness, By Country
15.2.5.2. BPS Analysis, By Country
15.2.5.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.2.5.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.1. By Type
15.3.1.1. Introduction
15.3.1.2. Market Attractiveness, By Type
15.3.1.3. BPS Analysis, By Type
15.3.1.4. Arthrospira Platensis Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.1.5. Arthrospira Maxima Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.2. By Form
15.3.2.1. Introduction
15.3.2.2. Market Attractiveness, By Form
15.3.2.3. BPS Analysis, By Form
15.3.2.4. Capsule Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.2.5. Powder Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.2.6. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.3. By Application
15.3.3.1. Introduction
15.3.3.2. Market Attractiveness, By Application
15.3.3.3. BPS Analysis, By Application
15.3.3.4. Cosmetics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.3.5. Nutraceuticals Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.3.6. Food & Beverage Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.3.7. Animal Feed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
15.3.3.8. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
More Info@@
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