Report Detail
Global Spirulina Market Growth 2019-2024
- RnM2895466 |
- 07 February, 2019 |
- Global |
- 167 Pages |
- LPI(LP Information) |
- 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.
According to this study, over the next five years the Spirulina market will register a 4.5% CAGR in terms of revenue, the global market size will reach US$ 160 million by 2024, from US$ 120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Spirulina business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Spirulina market by product type, application, key manufacturers and key regions and countries.
This study considers the Spirulina value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Spirulina Powder
Spirulina Tablet
Spirulina Extracts
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Health Products
Feed
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DIC
Cyanotech
Parry Nutraceuticals
Hydrolina Biotech
King Dnarmsa
CBN
Green-A
Spirin
Chenghai Bao ER
Shenliu
SBD
Lanbao
Tianjian
Wuli Lvqi
Gangfa
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Spirulina consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Spirulina market by identifying its various subsegments.
Focuses on the key global Spirulina manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Spirulina with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Spirulina submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Spirulina Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Spirulina Consumption 2014-2024
- 2.1.2 Spirulina Consumption CAGR by Region
- 2.2 Spirulina Segment by Type
- 2.2.1 Spirulina Powder
- 2.2.2 Spirulina Tablet
- 2.2.3 Spirulina Extracts
- 2.3 Spirulina Consumption by Type
- 2.3.1 Global Spirulina Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Spirulina Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Spirulina Sale Price by Type (2014-2019)
- 2.4 Spirulina Segment by Application
- 2.4.1 Health Products
- 2.4.2 Feed
- 2.4.3 Others
- 2.5 Spirulina Consumption by Application
- 2.5.1 Global Spirulina Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Spirulina Value and Market Share by Application (2014-2019)
- 2.5.3 Global Spirulina Sale Price by Application (2014-2019)
3 Global Spirulina by Players
- 3.1 Global Spirulina Sales Market Share by Players
- 3.1.1 Global Spirulina Sales by Players (2017-2019)
- 3.1.2 Global Spirulina Sales Market Share by Players (2017-2019)
- 3.2 Global Spirulina Revenue Market Share by Players
- 3.2.1 Global Spirulina Revenue by Players (2017-2019)
- 3.2.2 Global Spirulina Revenue Market Share by Players (2017-2019)
- 3.3 Global Spirulina Sale Price by Players
- 3.4 Global Spirulina Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Spirulina Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Spirulina Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Spirulina by Regions
- 4.1 Spirulina by Regions
- 4.1.1 Global Spirulina Consumption by Regions
- 4.1.2 Global Spirulina Value by Regions
- 4.2 Americas Spirulina Consumption Growth
- 4.3 APAC Spirulina Consumption Growth
- 4.4 Europe Spirulina Consumption Growth
- 4.5 Middle East & Africa Spirulina Consumption Growth
5 Americas
- 5.1 Americas Spirulina Consumption by Countries
- 5.1.1 Americas Spirulina Consumption by Countries (2014-2019)
- 5.1.2 Americas Spirulina Value by Countries (2014-2019)
- 5.2 Americas Spirulina Consumption by Type
- 5.3 Americas Spirulina Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Spirulina Consumption by Countries
- 6.1.1 APAC Spirulina Consumption by Countries (2014-2019)
- 6.1.2 APAC Spirulina Value by Countries (2014-2019)
- 6.2 APAC Spirulina Consumption by Type
- 6.3 APAC Spirulina Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Spirulina by Countries
- 7.1.1 Europe Spirulina Consumption by Countries (2014-2019)
- 7.1.2 Europe Spirulina Value by Countries (2014-2019)
- 7.2 Europe Spirulina Consumption by Type
- 7.3 Europe Spirulina Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Spirulina by Countries
- 8.1.1 Middle East & Africa Spirulina Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Spirulina Value by Countries (2014-2019)
- 8.2 Middle East & Africa Spirulina Consumption by Type
- 8.3 Middle East & Africa Spirulina Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Spirulina Distributors
- 10.3 Spirulina Customer
11 Global Spirulina Market Forecast
- 11.1 Global Spirulina Consumption Forecast (2019-2024)
- 11.2 Global Spirulina Forecast by Regions
- 11.2.1 Global Spirulina Forecast by Regions (2019-2024)
- 11.2.2 Global Spirulina Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Spirulina Forecast by Type
- 11.8 Global Spirulina Forecast by Application
12 Key Players Analysis
- 12.1 DIC
- 12.1.1 Company Details
- 12.1.2 Spirulina Product Offered
- 12.1.3 DIC Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 DIC News
- 12.2 Cyanotech
- 12.2.1 Company Details
- 12.2.2 Spirulina Product Offered
- 12.2.3 Cyanotech Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Cyanotech News
- 12.3 Parry Nutraceuticals
- 12.3.1 Company Details
- 12.3.2 Spirulina Product Offered
- 12.3.3 Parry Nutraceuticals Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Parry Nutraceuticals News
- 12.4 Hydrolina Biotech
- 12.4.1 Company Details
- 12.4.2 Spirulina Product Offered
- 12.4.3 Hydrolina Biotech Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Hydrolina Biotech News
- 12.5 King Dnarmsa
- 12.5.1 Company Details
- 12.5.2 Spirulina Product Offered
- 12.5.3 King Dnarmsa Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 King Dnarmsa News
- 12.6 CBN
- 12.6.1 Company Details
- 12.6.2 Spirulina Product Offered
- 12.6.3 CBN Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 CBN News
- 12.7 Green-A
- 12.7.1 Company Details
- 12.7.2 Spirulina Product Offered
- 12.7.3 Green-A Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Green-A News
- 12.8 Spirin
- 12.8.1 Company Details
- 12.8.2 Spirulina Product Offered
- 12.8.3 Spirin Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Spirin News
- 12.9 Chenghai Bao ER
- 12.9.1 Company Details
- 12.9.2 Spirulina Product Offered
- 12.9.3 Chenghai Bao ER Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Chenghai Bao ER News
- 12.10 Shenliu
- 12.10.1 Company Details
- 12.10.2 Spirulina Product Offered
- 12.10.3 Shenliu Spirulina Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Shenliu News
- 12.11 SBD
- 12.12 Lanbao
- 12.13 Tianjian
- 12.14 Wuli Lvqi
- 12.15 Gangfa
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Spirulina . Industry analysis & Market Report on Spirulina is a syndicated market report, published as Global Spirulina Market Growth 2019-2024. 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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