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Spirulina Powder Market: Global Industry Analysis (2012-2016) & Opportunity Assessment (2017-2027)

Published By :

Future Market Insights

Published Date : Jan 2018

Category :

Food

No. of Pages : 268 Pages



Food and beverages industry to lead the global spirulina market with the application of spirulina growing at a high rate

Spirulina powder is finding its way in many products. This is a result of FDAs approval of the use of Spirulina in food and beverage products. The demand for Spirulina has started surging, and companies are now producing various types of products made from Spirulina. Spirulina has found applications in many industries such as food, beverages, cosmetics and spa treatments, animal feed, pet food and nutraceuticals. Most of the new products released in the market in the past two years are in the food and beverage industry. According to this research report, in terms of application, the dietary supplements and pharmaceuticals segment leads the global spirulina market with a market valuation of over US$ 380 Mn by the end of 2027. However, the food and beverages segment is projected to witness a higher growth rate. The food and beverages segment is anticipated to register a CAGR of 6.9% during the forecast period 2017-2027.


Several magical properties associated with spirulina are boosting the number of applications of spirulina powder

There are a lot of natural health benefits associated with spirulina. Spirulina possesses anti-oxidant, hypolipidemic and anti-inflammatory properties, which is helping the global spirulina powder market witness a high growth in demand among food products, beverages as well as in the cosmetics industry. Antioxidants protect the body from damage caused by harmful molecules (free radicals) and this improves the health of a person. Spirulina also consists of Vitamin A, C and E and Beta-carotene in large quantities with a minimal quantity of Lutein Zeaxanthin, all of which are antioxidants that help in preventing various diseases and critical medical conditions. Another major property of spirulina is that it prevents cancer. Spirulina has anticancer properties, reduces blood pressure, improves the symptoms of allergic rhinitis, helps in reducing anemia and helps in blood sugar control. Spirulina also helps in the prevention of certain medical conditions such as Alzheimer's disease, macular degeneration and arthritis related conditions.

Other than this, various natural colours are also produced by using spirulina, and much more are currently in the development phase. Spirulina Blue, a natural color produced from green-blue spirulina received approval from the FDA in 2013 and this opened a whole new segment for Spirulina products. Natural blue and green colour produced from spirulina is in high demand and has witnessed a strong market growth in the last two years. Many companies such as GNT Holdings B.V., DIC Corporation, DDW Inc., Chr. Hansen Holding A/S and Sensient Technologies Corp. are producing Spirulina Blue, which still seeks more producers due to increasing demand in the market.

A major obstacle in the growth of the spirulina powder market can be attributed to varying production of spirulina due to climate change

Several incidences have occurred recently that are different from regular occurrences and have hence drifted the supply of Spirulina away from customers. Environmental conditions are shifting the food supply to a negative growth, which is causing a widening of the demand-supply gap and creating hurdles in the food safety programmes of various countries. To name a few, in 2014, tornado and flood in China destroyed the Spirulina crop of many North and West China based companies and this affected the global market. The harsh climate affected the supply of spirulina and reduced the revenue of many companies. Such unforeseen natural incidents are expected to negatively impact revenue growth of the global Spirulina powder market.
Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

3. Market View Point

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Market Dynamics

3.3.1. Drivers

3.3.2. Challenges

3.3.3. Opportunities

3.3.4. Trends

3.4. PESTLE Analysis

3.5. Key Regulations, By Region

3.6. Porters Five Force Analysis

4. Global Historical Market Analysis 20122016 and Forecast 20172027

4.1. Market Size and Y-o-Y Growth

4.2. Absolute $ Opportunity

4.3. Value Chain

5. Global Spirulina Powder Market Historical Analysis 20122016 and Forecast, By Region 20172027

5.1. Introduction / Key Findings

5.2. Historical Market Size (US$ Mn) and Volume Analysis By Region (2012-2016)

5.2.1. North America

5.2.2. Latin America

5.2.3. Western Europe

5.2.4. Eastern Europe

5.2.5. APEJ

5.2.6. MEA

5.2.7. Japan

5.3. Market Size (US$ Mn) and Volume Forecast By Region (2017-2017)

5.3.1. North America

5.3.2. Latin America

5.3.3. Western Europe

5.3.4. Eastern Europe

5.3.5. APEJ

5.3.6. MEA

5.3.7. Japan

5.4. Key Trends / Market Developments

5.5. Market Attractiveness Analysis By Region

6. Global Spirulina Powder Market Historical Analysis 20122016 and Forecast 20172027, By Nature

6.1. Introduction

6.2. Historical Market Size (US$ Mn) and Volume Analysis By Nature (2012-2016)

6.2.1. Organic

6.2.2. Conventional

6.3. Market Size (US$ Mn) and Volume Forecast By Nature (2017-2027)

6.3.1. Organic

6.3.2. Conventional

6.4. Key Trends / Market Developments

6.5. Market Attractiveness Analysis By Nature

7. Global Spirulina Powder Market Historical Analysis 20122016 and Forecast 20172027, By Application

7.1. Introduction

7.2. Historical Market Size (US$ Mn) and Volume Analysis By Application (2012-2016)

7.2.1. Food and Beverages

7.2.2. Dietary Supplements & Pharmaceuticals

7.2.3. Animal and Aquaculture Feed

7.2.4. Cosmetics and Personal Care

7.2.5. Pharmaceuticals

7.2.6. Others

7.3. Market Size (US$ Mn) and Volume Forecast By Application (2017-2027)

7.3.1. Food and Beverages

7.3.2. Dietary Supplements & Pharmaceuticals

7.3.3. Animal and Aquaculture Feed

7.3.4. Cosmetics and Personal Care

7.3.5. Pharmaceuticals

7.3.6. Others

7.4. Key Trends / Market Developments

7.5. Market Attractiveness Analysis By Application

8. Global Spirulina Powder Market Historical Analysis 20122016 and Forecast 20172027, By Sales Channel

8.1. Introduction

8.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel (2012-2016)

8.2.1. Direct Sales

8.2.2. Retail Sales

8.2.2.1. Modern Trade

8.2.2.2. Specialty Stores

8.2.2.3. Pharmacy and Drug Stores

8.2.2.4. Online Retail

8.2.2.5. Others

8.3. Market Size (US$ Mn) and Volume Forecast By Sales Channel (2017-2027)

8.3.1. Direct Sales

8.3.2. Retail Sales

8.3.2.1. Modern Trade

8.3.2.2. Specialty Stores

8.3.2.3. Pharmacy and Drug Stores

8.3.2.4. Online Retail

8.3.2.5. Others

8.4. Key Trends / Market Developments

8.5. Market Attractiveness Analysis By Sales Channel

9. North America Spirulina Powder Market Analysis 20122016 and Forecast 20172027

9.1. Introduction

9.2. Key Regulations

9.3. Pricing Analysis

9.4. Regional Trends

9.5. Historical Market Size (US$ Mn) and Volume Analysis By Country 2012-2016

9.5.1. U.S.

9.5.2. Canada

9.6. Market Size (US$ Mn) and Volume Forecast By Country 2017-2027

9.6.1. U.S.

9.6.2. Canada

9.7. Historical Market Size (US$ Mn) and Volume Analysis By Nature (2012-2016)

9.7.1. Organic

9.7.2. Conventional

9.8. Market Size (US$ Mn) and Volume Forecast By Nature (2017-2027)

9.8.1. Organic

9.8.2. Conventional

9.9. Historical Market Size (US$ Mn) and Volume Analysis By Application (2012-2016)

9.9.1. Food and Beverages

9.9.2. Dietary Supplements & Pharmaceuticals

9.9.3. Animal and Aquaculture Feed

9.9.4. Cosmetics and Personal Care

9.9.5. Pharmaceuticals

9.9.6. Others

9.10. Market Size (US$ Mn) and Volume Forecast By Application (2017-2027)

9.10.1. Food and Beverages

9.10.2. Dietary Supplements & Pharmaceuticals

9.10.3. Animal and Aquaculture Feed

9.10.4. Cosmetics and Personal Care

9.10.5. Pharmaceuticals

9.10.6. Others

9.11. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel (2012-2016)

9.11.1. Direct Sales

9.11.2. Retail Sales

9.11.2.1. Modern Trade

9.11.2.2. Specialty Stores

9.11.2.3. Pharmacy and Drug Stores

9.11.2.4. Online Retail

9.11.2.5. Others

9.12. Market Size (US$ Mn) and Volume Forecast By Sales Channel (2017-2027)

9.12.1. Direct Sales

9.12.2. Retail Sales

9.12.2.1. Modern Trade

9.12.2.2. Specialty Stores

9.12.2.3. Pharmacy and Drug Stores

9.12.2.4. Online Retail

9.12.2.5. Others

9.13. Drivers and Restraints: Impact Analysis

9.14. Market Attractiveness Analysis

9.14.1. By Country

9.14.2. By Nature

9.14.3. By Application

9.14.4. By Sales Channel

9.15. Key Representative Market Participants

10. Latin America Spirulina Powder Market Analysis 20122016 and Forecast 20172027

10.1. Introduction

10.2. Key Regulations

10.3. Pricing Analysis

10.4. Regional Trends

10.5. Historical Market Size (US$ Mn) and Volume Analysis By Country 2012-2016

10.5.1. Brazil

10.5.2. Mexico

10.5.3. Rest of Latin America

10.6. Market Size (US$ Mn) and Volume Forecast By Country 2017-2027

10.6.1. Brazil

10.6.2. Mexico

10.6.3. Rest of Latin America

10.7. Historical Market Size (US$ Mn) and Volume Analysis By Nature (2012-2016)

10.7.1. Organic

10.7.2. Conventional

10.8. Market Size (US$ Mn) and Volume Forecast By Nature (2017-2027)

10.8.1. Organic

10.8.2. Conventional

10.9. Historical Market Size (US$ Mn) and Volume Analysis By Application (2012-2016)

10.9.1. Food and Beverages

10.9.2. Dietary Supplements & Pharmaceuticals

10.9.3. Animal and Aquaculture Feed

10.9.4. Cosmetics and Personal Care

10.9.5. Pharmaceuticals

10.9.6. Others

10.10. Market Size (US$ Mn) and Volume Forecast By Application (2017-2027)

10.10.1. Food and Beverages

10.10.2. Dietary Supplements & Pharmaceuticals

10.10.3. Animal and Aquaculture Feed

10.10.4. Cosmetics and Personal Care

10.10.5. Pharmaceuticals

10.10.6. Others

10.11. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel (2012-2016)

10.11.1. Direct Sales

10.11.2. Retail Sales

10.11.2.1. Modern Trade

10.11.2.2. Specialty Stores

10.11.2.3. Pharmacy and Drug Stores

10.11.2.4. Online Retail

10.11.2.5. Others

10.12. Market Size (US$ Mn) and Volume Forecast By Sales Channel (2017-2027)

10.12.1. Direct Sales

10.12.2. Retail Sales

10.12.2.1. Modern Trade

10.12.2.2. Specialty Stores

10.12.2.3. Pharmacy and Drug Stores

10.12.2.4. Online Retail

10.12.2.5. Others

10.13. Drivers and Restraints: Impact Analysis

10.14. Market Attractiveness Analysis

10.14.1. By Country

10.14.2. By Nature

10.14.3. By Application

10.14.4. By Sales Channel

10.15. Key Representative Market Participants

11. Western Europe Spirulina Powder Market Analysis 20122016 and Forecast 20172027

11.1. Introduction

11.2. Key Regulations

11.3. Pricing Analysis

11.4. Regional Trends

11.5. Historical Market Size (US$ Mn) and Volume Analysis By Country 2012-2016

11.5.1. Germany

11.5.2. France

11.5.3. U.K.

11.5.4. Spain

11.5.5. Italy

11.5.6. Rest of Western Europe

11.6. Market Size (US$ Mn) and Volume Forecast By Country 2017-2027

11.6.1. Germany

11.6.2. France

11.6.3. U.K.

11.6.4. Spain

11.6.5. Italy

11.6.6. Rest of Western Europe

11.7. Historical Market Size (US$ Mn) and Volume Analysis By Nature (2012-2016)

11.7.1. Organic

11.7.2. Conventional

11.8. Market Size (US$ Mn) and Volume Forecast By Nature (2017-2027)

11.8.1. Organic

11.8.2. Conventional

11.9. Historical Market Size (US$ Mn) and Volume Analysis By Application (2012-2016)

11.9.1. Food and Beverages

11.9.2. Dietary Supplements & Pharmaceuticals

11.9.3. Animal and Aquaculture Feed

11.9.4. Cosmetics and Personal Care

11.9.5. Pharmaceuticals

11.9.6. Others

11.10. Market Size (US$ Mn) and Volume Forecast By Application (2017-2027)

11.10.1. Food and Beverages

11.10.2. Dietary Supplements & Pharmaceuticals

11.10.3. Animal and Aquaculture Feed

11.10.4. Cosmetics and Personal Care

11.10.5. Pharmaceuticals

11.10.6. Others

11.11. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel (2012-2016)

11.11.1. Direct Sales

11.11.2. Retail Sales

11.11.2.1. Modern Trade

11.11.2.2. Specialty Stores

11.11.2.3. Pharmacy and Drug Stores

11.11.2.4. Online Retail

11.11.2.5. Others

11.12. Market Size (US$ Mn) and Volume Forecast By Sales Channel (2017-2027)

11.12.1. Direct Sales

11.12.2. Retail Sales

11.12.2.1. Modern Trade

11.12.2.2. Specialty Stores

11.12.2.3. Pharmacy and Drug Stores

11.12.2.4. Online Retail

11.12.2.5. Others

11.13. Drivers and Restraints: Impact Analysis

11.14. Market Attractiveness Analysis

11.14.1. By Country

11.14.2. By Nature

11.14.3. By Application

11.14.4. By Sales Channel

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