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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.
Scope of the Report:
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 worldwide market for Spirulina is expected to grow at a CAGR of roughly 4.5% over the next five years, will reach 160 million US$ in 2024, from 120 million US$ in 2019, according to a new study.
This report focuses on the Spirulina in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
DIC
Cyanotech
Parry Nutraceuticals
Hydrolina Biotech
King Dnarmsa
CBN
Green-A
Spirin
Chenghai Bao ER
Shenliu
SBD
Lanbao
Tianjian
Wuli Lvqi
Gangfa
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Spirulina Powder
Spirulina Tablet
Spirulina Extracts
Market Segment by Applications, can be divided into
Health Products
Feed
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Spirulina product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Spirulina, with price, sales, revenue and global market share of Spirulina in 2017 and 2018.
Chapter 3, the Spirulina competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Spirulina breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Spirulina market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Spirulina sales channel, distributors, customers, research findings and conclusion, appendix and data source.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Spirulina Introduction
1.2 Market Analysis by Type
1.2.1 Spirulina Powder
1.2.2 Spirulina Tablet
1.2.3 Spirulina Extracts
1.3 Market Analysis by Applications
1.3.1 Health Products
1.3.2 Feed
1.3.3 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 DIC
2.1.1 Business Overview
2.1.2 Spirulina Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 DIC Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 Cyanotech
2.2.1 Business Overview
2.2.2 Spirulina Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Cyanotech Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Parry Nutraceuticals
2.3.1 Business Overview
2.3.2 Spirulina Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Parry Nutraceuticals Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 Hydrolina Biotech
2.4.1 Business Overview
2.4.2 Spirulina Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Hydrolina Biotech Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 King Dnarmsa
2.5.1 Business Overview
2.5.2 Spirulina Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 King Dnarmsa Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.6 CBN
2.6.1 Business Overview
2.6.2 Spirulina Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 CBN Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.7 Green-A
2.7.1 Business Overview
2.7.2 Spirulina Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Green-A Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.8 Spirin
2.8.1 Business Overview
2.8.2 Spirulina Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Spirin Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.9 Chenghai Bao ER
2.9.1 Business Overview
2.9.2 Spirulina Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Chenghai Bao ER Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.10 Shenliu
2.10.1 Business Overview
2.10.2 Spirulina Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Shenliu Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.11 SBD
2.11.1 Business Overview
2.11.2 Spirulina Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 SBD Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.12 Lanbao
2.12.1 Business Overview
2.12.2 Spirulina Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Lanbao Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.13 Tianjian
2.13.1 Business Overview
2.13.2 Spirulina Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Tianjian Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.14 Wuli Lvqi
2.14.1 Business Overview
2.14.2 Spirulina Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 Wuli Lvqi Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.15 Gangfa
2.15.1 Business Overview
2.15.2 Spirulina Type and Applications
2.15.2.1 Product A
2.15.2.2 Product B
2.15.3 Gangfa Spirulina Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
3 Global Spirulina Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Spirulina Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Spirulina Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Spirulina Manufacturer Market Share in 2018
3.3.2 Top 6 Spirulina Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Spirulina Market Analysis by Regions
4.1 Global Spirulina Sales, Revenue and Market Share by Regions
4.1.1 Global Spirulina Sales and Market Share by Regions (2014-2019)
4.1.2 Global Spirulina Revenue and Market Share by Regions (2014-2019)
4.2 North America Spirulina Sales and Growth Rate (2014-2019)
4.3 Europe Spirulina Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Spirulina Sales and Growth Rate (2014-2019)
4.5 South America Spirulina Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Spirulina Sales and Growth Rate (2014-2019)
5 North America Spirulina by Country
5.1 North America Spirulina Sales, Revenue and Market Share by Country
5.1.1 North America Spirulina Sales and Market Share by Country (2014-2019)
5.1.2 North America Spirulina Revenue and Market Share by Country (2014-2019)
5.2 United States Spirulina Sales and Growth Rate (2014-2019)
5.3 Canada Spirulina Sales and Growth Rate (2014-2019)
5.4 Mexico Spirulina Sales and Growth Rate (2014-2019)
6 Europe Spirulina by Country
6.1 Europe Spirulina Sales, Revenue and Market Share by Country
6.1.1 Europe Spirulina Sales and Market Share by Country (2014-2019)
6.1.2 Europe Spirulina Revenue and Market Share by Country (2014-2019)
6.2 Germany Spirulina Sales and Growth Rate (2014-2019)
6.3 UK Spirulina Sales and Growth Rate (2014-2019)
6.4 France Spirulina Sales and Growth Rate (2014-2019)
6.5 Russia Spirulina Sales and Growth Rate (2014-2019)
6.6 Italy Spirulina Sales and Growth Rate (2014-2019)
7 Asia-Pacific Spirulina by Country
7.1 Asia-Pacific Spirulina Sales, Revenue and Market Share by Country
7.1.1 Asia-Pacific Spirulina Sales and Market Share by Country (2014-2019)
7.1.2 Asia-Pacific Spirulina Revenue and Market Share by Country (2014-2019)
7.2 China Spirulina Sales and Growth Rate (2014-2019)
7.3 Japan Spirulina Sales and Growth Rate (2014-2019)
7.4 Korea Spirulina Sales and Growth Rate (2014-2019)
7.5 India Spirulina Sales and Growth Rate (2014-2019)
7.6 Southeast Asia Spirulina Sales and Growth Rate (2014-2019)
8 South America Spirulina by Country
8.1 South America Spirulina Sales, Revenue and Market Share by Country
8.1.1 South America Spirulina Sales and Market Share by Country (2014-2019)
8.1.2 South America Spirulina Revenue and Market Share by Country (2014-2019)
8.2 Brazil Spirulina Sales and Growth Rate (2014-2019)
8.3 Argentina Spirulina Sales and Growth Rate (2014-2019)
8.4 Colombia Spirulina Sales and Growth Rate (2014-2019)
9 Middle East and Africa Spirulina by Countries
9.1 Middle East and Africa Spirulina Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Spirulina Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa Spirulina Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia Spirulina Sales and Growth Rate (2014-2019)
9.3 Turkey Spirulina Sales and Growth Rate (2014-2019)
9.4 Egypt Spirulina Sales and Growth Rate (2014-2019)
9.5 Nigeria Spirulina Sales and Growth Rate (2014-2019)
9.6 South Africa Spirulina Sales and Growth Rate (2014-2019)
10 Global Spirulina Market Segment by Type
10.1 Global Spirulina Sales, Revenue and Market Share by Type (2014-2019)
10.1.1 Global Spirulina Sales and Market Share by Type (2014-2019)
10.1.2 Global Spirulina Revenue and Market Share by Type (2014-2019)
10.2 Spirulina Powder Sales Growth and Price
10.2.1 Global Spirulina Powder Sales Growth (2014-2019)
10.2.2 Global Spirulina Powder Price (2014-2019)
10.3 Spirulina Tablet Sales Growth and Price
10.3.1 Global Spirulina Tablet Sales Growth (2014-2019)
10.3.2 Global Spirulina Tablet Price (2014-2019)
10.4 Spirulina Extracts Sales Growth and Price
10.4.1 Global Spirulina Extracts Sales Growth (2014-2019)
10.4.2 Global Spirulina Extracts Price (2014-2019)
11 Global Spirulina Market Segment by Application
11.1 Global Spirulina Sales Market Share by Application (2014-2019)
11.2 Health Products Sales Growth (2014-2019)
11.3 Feed Sales Growth (2014-2019)
11.4 Others Sales Growth (2014-2019)
12 Spirulina Market Forecast (2019-2024)
12.1 Global Spirulina Sales, Revenue and Growth Rate (2019-2024)
12.2 Spirulina Market Forecast by Regions (2019-2024)
12.2.1 North America Spirulina Market Forecast (2019-2024)
12.2.2 Europe Spirulina Market Forecast (2019-2024)
12.2.3 Asia-Pacific Spirulina Market Forecast (2019-2024)
12.2.4 South America Spirulina Market Forecast (2019-2024)
12.2.5 Middle East and Africa Spirulina Market Forecast (2019-2024)
12.3 Spirulina Market Forecast by Type (2019-2024)
12.3.1 Global Spirulina Sales Forecast by Type (2019-2024)
12.3.2 Global Spirulina Market Share Forecast by Type (2019-2024)
12.4 Spirulina Market Forecast by Application (2019-2024)
12.4.1 Global Spirulina Sales Forecast by Application (2019-2024)
12.4.2 Global Spirulina Market Share Forecast by Application (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Spirulina Picture
Table Product Specifications of Spirulina
Figure Global Sales Market Share of Spirulina by Types in 2018
Table Spirulina Types for Maj
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