According to a research report published by Spherical Insights & Consulting, the Global Spirulina Powder Market Size Expected to Grow from USD 498.56 Million in 2023 to USD 1280.16 Million by 2033, at a CAGR of 9.85% during the forecast period 2023-2033.

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Spirulina is that type of algae, which contains lots of nutrients and antioxidants like protein, copper, magnesium, and potassium. Organic spirulina is different from inorganic since it is harvested through natural earth fertilizers and without the use of pesticides. It is a type of microbiological organism. Immune system support, detoxifying properties, and possibly anti-inflammatory benefits offered by spirulina powder are in line with a growing consumer segment focused on health. Increasing global population with changed personal lifestyles. This stands out as one of the prime factors leading the course for development in the market. Furthermore, spirulina has been brought into service through applications of removal and modification of various vitamins and minerals, along with heavy metals and dietary supplements. They manufacture products such as pharmaceuticals, vitamins, vaccines, nutraceuticals, and other nutrients that can be used to manage conditions like diabetes, multiple sclerosis, and cancer. However, the sizeable amount spent on production, coupled with environmental effects on spirulina ion, is likely to be a limiting factor in the market growth rate. It limits the possibility of having more growth in future periods for the spirulina powder market due to the absence of research and development activities. It would also be hindered by awareness factors.

Browse 200 market data Tables and 45 Figures spread through 120 Pages and in-depth TOC on the Global Spirulina Powder Market Size, Share, and COVID-19 Impact Analysis, By Cultivation Method (Open Pond Cultivation, Closed Photobioreactor Systems, Hybrid Systems), By Processing Method (Spray Drying, Freeze Drying, Sun Drying), By Certification (Organic, Non-GMO, Vegan, Gluten-free), By Application (Dietary, Foods & Beverages, Cosmetics, Animal feed, Pharmaceuticals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The open pond cultivation segment dominates the market with the largest revenue share over the forecast period.

On the basis of cultivation method, the global spirulina powder market is segmented into open pond cultivation, closed photobioreactor systems, and hybrid systems. Among these, the open pond cultivation segment is dominating the market with the largest revenue share over the forecast period. The segmental growth is due to the creations in terms of cost, much cheaper than the closed system alternatives; hence, it is affordable for the competitively priced spirulina products. This includes a pond or tank made out of concrete or plastic and filled with water. After that, the pond will be filled with a culture of spirulina and kept in sunlight. Oxygen gas will have to be constantly pumped and aerated into the water so that the spirulina will grow.

The spray drying segment is witnessing a significant CAGR over the forecast period.

On the basis of the processing method, the global spirulina powder market is segmented into spray drying, freeze drying, and sun drying. Among these, the spray drying segment is witnessing significant CAGR over the forecast period. The growth is driven due to Spray drying is a gentle yet effective method for dehydrating spirulina and retaining its nutrients in important vitamins, minerals, and proteins. Spray-dried Aprilina powder has rather long durability and is, therefore, suitable for use in long-lasting products.

The organic segment is expected to hold the largest global spirulina powder market share during the forecast period.

On the basis of the certification, the global spirulina powder market is segmented into organic, non-GMO, vegan, and gluten-free. Among these, the organic segment is witnessing significant CAGR over the forecast period. Organic Certification guarantees that the spirulina powder is produced completely without any use of the synthetic pesticides, herbicides, and genetically modified organisms as per organic standards.

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North America is projected to hold the largest share of the global spirulina powder market over the forecast period.

North America is projected to hold the largest share of the global spirulina powder market over the forecast period. The region with its well-established healthcare industry is home to some of the most advanced leaders in the field and also tops the charts for spirulina intake. The region has a phenomenal incidence of demand for organic coloring agents. The threat of functional and non-functional edible conditions and the prohibition of using synthetic food additives by the US government drive the need for natural additives.

Asia Pacific is expected to grow at the fastest CAGR of the global spirulina powder market during the forecast period. Algae manufacturing is significant all-around Korea, China, and Indonesia. Increased formulations of this algae species with nutraceuticals into non-dairy products will likely accelerate growth across the region. Consumer preferences are increasingly transforming into less processed food that is more attractive, which has turned out to be beneficial for the performance of the market for clean-label ingredients such as spirulina.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Global Spirulina Powder Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.Major vendors in the global spirulina powder market are Cyanotech Corporation, DIC Corporation, Parry Nutraceuticals, NOW Foods, Prologue Spirulina Supplies Pvt. Ltd., Dongtai City Spirulina Bio, Tianjin Norland Biotech Co., Ltd., Earthrise Spirulina, Algene Biotech, Hydrolina Biotech, Sensient Technologies Corporation, DIC Lifetec Co., Ltd., Chinghai Fufa Food Co., Ltd., Jiangxi Alga Biotech Co., Ltd., Other key vendors.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In June 2024, this newly launched Spirulina-based vegan dietary supplement is an outcome of a collaboration between MD Logic Health (U.S.) and AvalonX.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global spirulina powder market based on the below-mentioned segments:

Global Spirulina Powder Market, By Cultivation Method Analysis

• Open pond cultivation
• Close photobioreactor system
• Hybrid system

Global Spirulina Powder Market, By Processing Method Analysis

• Spray drying
• Freeze drying
• Sun drying

Global Spirulina Powder Market, By Certification Analysis

• Organic
• Non-GMO
• Vegan
• Gluten free

Global Spirulina Powder Market, By Application Analysis

• Dietary
• Food & beverages
• Cosmetic
• Animal feed
• Pharmaceutical

Global Spirulina Powder Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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