Report Detail
Global Spirulina Market Insights, Forecast to 2025
- RnM2945289 |
- 14 February, 2019 |
- Global |
- 126 Pages |
- QYResearch |
- Food & Beverages
Spirulina is a microscopic spiral shaped blue-green vegetable algae which grows in mineral-rich freshwater and saltwater sources. It provides an abundance of protein, vitamins, minerals, trace minerals, essential fatty acids, phytonutrients, and antioxidants.
First, the spirulina industry concentration is high; in the world wide, giant manufacturers mainly distribute in China, India and American. China has a long history and unshakable status in this industry, like DIC, King Dnarmsa, CBN and Green-A, both have perfect products. In China, the manufacturers focus in Yunnan and Shandong province.
Second, as for consumption market, the global market sales were 11336 MT spirulina in 2015, which was much higher than that of 9128 in 2012.
Third, the sales market mainly focus on the China, USA, India, Japan and Europe etc. region. In 2013, the U.S. Food and Drug Administration approved the use of phycocyanin as a natural colorant in food and beverage products. Since then, demand has risen dramatically, particularly in the Americas and Europe. In 2016, China was the leader consumption region with the sales market share of 45.70%. USA was the second sales market with sales share 22.75% in 2016.
Fourth, the price of spirulina was decreasing from 2012 to 2016, increased since 2017; also the gross margin decreased. It is expect that the price is also decreasing in future. The gross margin is about 12%-17% in 2015, while the global average spirulina price is about 10804 USD/MT in 2017.
Fifth, this industry is affected by the economy and policy, so it’s important to put an eye on economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to health, especially in developed regions that have a large population and fast economic growth, the need of spirulina will increase.
Sixth, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The global Spirulina market is valued at 120 million US$ in 2018 and will reach 170 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Spirulina market based on company, product type, end user and key regions.
This report studies the global market size of Spirulina in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Spirulina in these regions.
This research report categorizes the global Spirulina market by top players/brands, region, type and end user. This report also studies the global Spirulina market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
DIC
Cyanotech
Parry Nutraceuticals
Hydrolina Biotech
King Dnarmsa
CBN
Green-A
Spirin
Chenghai Bao ER
Shenliu
SBD
Lanbao
Tianjian
Wuli Lvqi
Gangfa
Market size by Product
Spirulina Powder
Spirulina Tablet
Spirulina Extracts
Market size by End User
Health Products
Feed
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Spirulina market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Spirulina market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Spirulina companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Spirulina submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Spirulina are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Spirulina market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
- 1.1 Spirulina Product
- 1.2 Market Segments
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Spirulina Market Size Growth Rate by Product
- 1.4.2 Spirulina Powder
- 1.4.3 Spirulina Tablet
- 1.4.4 Spirulina Extracts
- 1.5 Market by End User
- 1.5.1 Global Spirulina Market Size Growth Rate by End User
- 1.5.2 Health Products
- 1.5.3 Feed
- 1.5.4 Others
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Spirulina Market Size
- 2.1.1 Global Spirulina Revenue 2014-2025
- 2.1.2 Global Spirulina Sales 2014-2025
- 2.2 Spirulina Growth Rate by Regions
- 2.2.1 Global Spirulina Sales by Regions
- 2.2.2 Global Spirulina Revenue by Regions
3 Breakdown Data by Manufacturers
- 3.1 Spirulina Sales by Manufacturers
- 3.1.1 Spirulina Sales by Manufacturers
- 3.1.2 Spirulina Sales Market Share by Manufacturers
- 3.1.3 Global Spirulina Market Concentration Ratio (CR5 and HHI)
- 3.2 Spirulina Revenue by Manufacturers
- 3.2.1 Spirulina Revenue by Manufacturers (2014-2019)
- 3.2.2 Spirulina Revenue Share by Manufacturers (2014-2019)
- 3.3 Spirulina Price by Manufacturers
- 3.4 Spirulina Manufacturing Base Distribution, Product Types
- 3.4.1 Spirulina Manufacturers Manufacturing Base Distribution, Headquarters
- 3.4.2 Manufacturers Spirulina Product Type
- 3.4.3 Date of International Manufacturers Enter into Spirulina Market
- 3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
- 4.1 Global Spirulina Sales by Product
- 4.2 Global Spirulina Revenue by Product
- 4.3 Spirulina Price by Product
5 Breakdown Data by End User
- 5.1 Overview
- 5.2 Global Spirulina Breakdown Data by End User
6 North America
- 6.1 North America Spirulina by Countries
- 6.1.1 North America Spirulina Sales by Countries
- 6.1.2 North America Spirulina Revenue by Countries
- 6.1.3 United States
- 6.1.4 Canada
- 6.1.5 Mexico
- 6.2 North America Spirulina by Product
- 6.3 North America Spirulina by End User
7 Europe
- 7.1 Europe Spirulina by Countries
- 7.1.1 Europe Spirulina Sales by Countries
- 7.1.2 Europe Spirulina Revenue by Countries
- 7.1.3 Germany
- 7.1.4 France
- 7.1.5 UK
- 7.1.6 Italy
- 7.1.7 Russia
- 7.2 Europe Spirulina by Product
- 7.3 Europe Spirulina by End User
8 Asia Pacific
- 8.1 Asia Pacific Spirulina by Countries
- 8.1.1 Asia Pacific Spirulina Sales by Countries
- 8.1.2 Asia Pacific Spirulina Revenue by Countries
- 8.1.3 China
- 8.1.4 Japan
- 8.1.5 Korea
- 8.1.6 India
- 8.1.7 Australia
- 8.1.8 Indonesia
- 8.1.9 Malaysia
- 8.1.10 Philippines
- 8.1.11 Thailand
- 8.1.12 Vietnam
- 8.1.13 Singapore
- 8.2 Asia Pacific Spirulina by Product
- 8.3 Asia Pacific Spirulina by End User
9 Central & South America
- 9.1 Central & South America Spirulina by Countries
- 9.1.1 Central & South America Spirulina Sales by Countries
- 9.1.2 Central & South America Spirulina Revenue by Countries
- 9.1.3 Brazil
- 9.2 Central & South America Spirulina by Product
- 9.3 Central & South America Spirulina by End User
10 Middle East and Africa
- 10.1 Middle East and Africa Spirulina by Countries
- 10.1.1 Middle East and Africa Spirulina Sales by Countries
- 10.1.2 Middle East and Africa Spirulina Revenue by Countries
- 10.1.3 GCC Countries
- 10.1.4 Turkey
- 10.1.5 Egypt
- 10.1.6 South Africa
- 10.2 Middle East and Africa Spirulina by Product
- 10.3 Middle East and Africa Spirulina by End User
11 Company Profiles
- 11.1 DIC
- 11.1.1 DIC Company Details
- 11.1.2 Company Business Overview
- 11.1.3 DIC Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.1.4 DIC Spirulina Products Offered
- 11.1.5 DIC Recent Development
- 11.2 Cyanotech
- 11.2.1 Cyanotech Company Details
- 11.2.2 Company Business Overview
- 11.2.3 Cyanotech Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.2.4 Cyanotech Spirulina Products Offered
- 11.2.5 Cyanotech Recent Development
- 11.3 Parry Nutraceuticals
- 11.3.1 Parry Nutraceuticals Company Details
- 11.3.2 Company Business Overview
- 11.3.3 Parry Nutraceuticals Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.3.4 Parry Nutraceuticals Spirulina Products Offered
- 11.3.5 Parry Nutraceuticals Recent Development
- 11.4 Hydrolina Biotech
- 11.4.1 Hydrolina Biotech Company Details
- 11.4.2 Company Business Overview
- 11.4.3 Hydrolina Biotech Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.4.4 Hydrolina Biotech Spirulina Products Offered
- 11.4.5 Hydrolina Biotech Recent Development
- 11.5 King Dnarmsa
- 11.5.1 King Dnarmsa Company Details
- 11.5.2 Company Business Overview
- 11.5.3 King Dnarmsa Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.5.4 King Dnarmsa Spirulina Products Offered
- 11.5.5 King Dnarmsa Recent Development
- 11.6 CBN
- 11.6.1 CBN Company Details
- 11.6.2 Company Business Overview
- 11.6.3 CBN Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.6.4 CBN Spirulina Products Offered
- 11.6.5 CBN Recent Development
- 11.7 Green-A
- 11.7.1 Green-A Company Details
- 11.7.2 Company Business Overview
- 11.7.3 Green-A Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.7.4 Green-A Spirulina Products Offered
- 11.7.5 Green-A Recent Development
- 11.8 Spirin
- 11.8.1 Spirin Company Details
- 11.8.2 Company Business Overview
- 11.8.3 Spirin Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.8.4 Spirin Spirulina Products Offered
- 11.8.5 Spirin Recent Development
- 11.9 Chenghai Bao ER
- 11.9.1 Chenghai Bao ER Company Details
- 11.9.2 Company Business Overview
- 11.9.3 Chenghai Bao ER Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.9.4 Chenghai Bao ER Spirulina Products Offered
- 11.9.5 Chenghai Bao ER Recent Development
- 11.10 Shenliu
- 11.10.1 Shenliu Company Details
- 11.10.2 Company Business Overview
- 11.10.3 Shenliu Spirulina Sales, Revenue and Gross Margin (2014-2019)
- 11.10.4 Shenliu Spirulina Products Offered
- 11.10.5 Shenliu Recent Development
- 11.11 SBD
- 11.12 Lanbao
- 11.13 Tianjian
- 11.14 Wuli Lvqi
- 11.15 Gangfa
12 Future Forecast
- 12.1 Spirulina Market Forecast by Regions
- 12.1.1 Global Spirulina Sales Forecast by Regions 2019-2025
- 12.1.2 Global Spirulina Revenue Forecast by Regions 2019-2025
- 12.2 Spirulina Market Forecast by Product
- 12.2.1 Global Spirulina Sales Forecast by Product 2019-2025
- 12.2.2 Global Spirulina Revenue Forecast by Product 2019-2025
- 12.3 Spirulina Market Forecast by End User
- 12.4 North America Spirulina Forecast
- 12.5 Europe Spirulina Forecast
- 12.6 Asia Pacific Spirulina Forecast
- 12.7 Central & South America Spirulina Forecast
- 12.8 Middle East and Africa Spirulina Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
- 13.1 Market Opportunities and Drivers
- 13.2 Market Challenges
- 13.3 Market Risks/Restraints
- 13.4 Macroscopic Indicators
14 Value Chain and Sales Channels Analysis
- 14.1 Value Chain Analysis
- 14.2 Spirulina Customers
- 14.3 Sales Channels Analysis
- 14.3.1 Sales Channels
- 14.3.2 Distributors
15 Research Findings and Conclusion
16 Appendix
- 16.1 Research Methodology
- 16.1.1 Methodology/Research Approach
- 16.1.2 Data Source
- 16.2 Author Details
Summary:
Get latest Market Research Reports on Spirulina . Industry analysis & Market Report on Spirulina is a syndicated market report, published as Global Spirulina Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Spirulina market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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