This study researches the market size of Spirulina, presents the global Spirulina sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Spirulina in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Spirulina for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. 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.
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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 itÕs important to put an eye on economic indexes and leadersÕ 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. In 2018, the global Spirulina market size was 120 million US$ and is forecast to 170 million US in 2025, growing at a CAGR of 4.5% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Spirulina.
This report includes the following manufacturers; we can also add the other companies as you want. 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 Product Type Spirulina Powder Spirulina Tablet Spirulina Extracts Market Segment by Application Health Products Feed Others Market size split by Region North America United States Canada Mexico Asia-Pacific China India Japan South Korea Australia Indonesia Malaysia Philippines Thailand Vietnam Europe Germany France UK Italy Russia Central & South America Brazil Rest of Central & South America Middle East & Africa GCC Countries Egypt South Africa The study objectives are: To analyze and research the global Spirulina status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast. To present the key Spirulina manufacturers, capacity, production, revenue, market share, and recent development for key players. To split the breakdown data by regions, type, companies and applications. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and 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: 2013-2018 Base Year: 2017 Estimated Year: 2018 Forecast Year 2018 to 2025.
Table of Contents:
- Report Overview
- Global Growth Trends
- Market Share by Manufacturers
- Market Size by Type
- Market Size by Application
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East and Africa
- Company Profiles
- Value Chain and Sales Channels Analysis
- Market Forecast
- Research Findings and Conclusion
- Appendix
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