Global Spirulina Market Insights, Forecast to 2025
- ID:PD000946
- August 2019
- QY Research
Spirulina Market Research Report offered by DecisionDatabases.com provides a detailed study on the industrial development of the market under the forecast period 2019-2025. The Global Spirulina Industry Report gives an elaborate information about the market size, share and analyzes the complete value chain the report also covers the market dynamics enriching business strategists with quality data about the Spirulina market.
This research report categorizes the global Spirulina market by players/brands, region, type and application. 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. 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.
In 2017, 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. The objectives of this study are to define, segment, and project the size of the Spirulina market based on company, product type, application and key regions.
The various contributors involved in the value chain of Spirulina include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Spirulina include
- DIC
- Cyanotech
- Parry Nutraceuticals
- Hydrolina Biotech
- King Dnarmsa
- CBN
- Green-A
- Spirin
- Chenghai Bao ER
- Shenliu
- SBD
- Lanbao
- Tianjian
- Wuli Lvqi
- Gangfa
Market Size Split by Type
- Spirulina Powder
- Spirulina Tablet
- Spirulina Extracts
Market Size Split 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
- 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/countries, products and application, history data from 2013 to 2017, 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 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 project the value and volume 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 - Guidelines
1 Study Coverage
1.1 Spirulina Product
1.2 Key Market Segments
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Spirulina Market Size Growth Rate by Type
1.4.2 Spirulina Powder
1.4.3 Spirulina Tablet
1.4.4 Spirulina Extracts
1.5 Market by Application
1.5.1 Global Spirulina Market Size Growth Rate by Application
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 2016-2025
2.1.2 Global Spirulina Sales 2016-2025
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 (2016-2018)
3.2.2 Spirulina Revenue Share by Manufacturers (2016-2018)
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 Category
3.4.3 Date of International Manufacturers Enter into Spirulina Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type
4.1 Global Spirulina Sales by Type
4.2 Global Spirulina Revenue by Type
4.3 Spirulina Price by Type
5 Breakdown Data by Application
5.1 Overview
5.2 Global Spirulina Breakdown Data by Application
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 Type
6.3 North America Spirulina by Application
6.4 North America Spirulina by Company
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 Type
7.3 Europe Spirulina by Application
7.4 Europe Spirulina by Company
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 Type
8.3 Asia Pacific Spirulina by Application
8.4 Asia Pacific Spirulina by Company
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 Type
9.3 Central & South America Spirulina by Application
9.4 Central & South America Spirulina by Company
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 Type
10.3 Middle East and Africa Spirulina by Application
10.4 Middle East and Africa Spirulina by Company
11 Company Profiles
11.1 DIC
11.1.1 DIC Company Details
11.1.2 Company Description
11.1.3 Sales, Revenue and Gross Margin of Spirulina
11.1.4 Spirulina Product Description
11.1.5 Recent Development
11.2 Cyanotech
11.2.1 Cyanotech Company Details
11.2.2 Company Description
11.2.3 Sales, Revenue and Gross Margin of Spirulina
11.2.4 Spirulina Product Description
11.2.5 Recent Development
11.3 Parry Nutraceuticals
11.3.1 Parry Nutraceuticals Company Details
11.3.2 Company Description
11.3.3 Sales, Revenue and Gross Margin of Spirulina
11.3.4 Spirulina Product Description
11.3.5 Recent Development
11.4 Hydrolina Biotech
11.4.1 Hydrolina Biotech Company Details
11.4.2 Company Description
11.4.3 Sales, Revenue and Gross Margin of Spirulina
11.4.4 Spirulina Product Description
11.4.5 Recent Development
11.5 King Dnarmsa
11.5.1 King Dnarmsa Company Details
11.5.2 Company Description
11.5.3 Sales, Revenue and Gross Margin of Spirulina
11.5.4 Spirulina Product Description
11.5.5 Recent Development
11.6 CBN
11.6.1 CBN Company Details
11.6.2 Company Description
11.6.3 Sales, Revenue and Gross Margin of Spirulina
11.6.4 Spirulina Product Description
11.6.5 Recent Development
11.7 Green-A
11.7.1 Green-A Company Details
11.7.2 Company Description
11.7.3 Sales, Revenue and Gross Margin of Spirulina
11.7.4 Spirulina Product Description
11.7.5 Recent Development
11.8 Spirin
11.8.1 Spirin Company Details
11.8.2 Company Description
11.8.3 Sales, Revenue and Gross Margin of Spirulina
11.8.4 Spirulina Product Description
11.8.5 Recent Development
11.9 Chenghai Bao ER
11.9.1 Chenghai Bao ER Company Details
11.9.2 Company Description
11.9.3 Sales, Revenue and Gross Margin of Spirulina
11.9.4 Spirulina Product Description
11.9.5 Recent Development
11.10 Shenliu
11.10.1 Shenliu Company Details
11.10.2 Company Description
11.10.3 Sales, Revenue and Gross Margin of Spirulina
11.10.4 Spirulina Product Description
11.10.5 Recent Development
11.11 SBD
11.12 Lanbao
11.13 Tianjian
11.14 Wuli Lvqi
11.15 Gangfa
12 Market Opportunities, Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators
13 Value Chain and Sales Channels Analysis
13.1 Value Chain Analysis
13.1.1 Typical Suppliers of Key Spirulina Raw Material
13.1.2 Spirulina Customers
13.2 Sales Channels Analysis
13.2.1 Sales Channels Analysis
13.2.2 Distributors
14 Research Findings and Conclusion
15 Appendix
The report on the Global Annatto Market gives an estimation of the development of the market based on historical studies and also provides forecasts on read more..
Global Furfural Market Research Report
The report on the Global Furfural Market gives an estimation of the development of the market based on historical studies and also provides forecasts on read more..
Global Wolfberry Market Insights, Forecast to 2025
Wolfberry Market Research Report offered by DecisionDatabases.com provides a detailed study on the industrial development of the market under the read more..
Global Aloe Vera Extracts Market Research Report
The report on the Global Aloe Vera Extracts Market gives an estimation of the development of the market based on historical studies and also provides read more..
Global Turmeric Market Research Report
The report on the Global Turmeric Market gives an estimation of the development of the market based on historical studies and also provides forecasts on read more..
Global Dried Flowers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027
The report on the Global Dried Flowers Market gives an estimation of the development of the market based on historical studies and also provides read more..
Global Cappers Consumption 2016 Market Research Report
The Global Cappers Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Cappers market. First, the read more..
World Castor Oil Market Research Report 2023 (Covering USA, EU, China, South East Asia, India, Japan and etc)
This unique report on World Castor Oil Market till 2023 presents quality data on the global market revenue, sales, growth rate and leading market read more..
Global Aloe Vera Market Insights, Forecast to 2025
Aloe Vera Market Research Report offered by DecisionDatabases.com provides a detailed study on the industrial development of the market under the read more..
Global Sunflower Seeds Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027
The report on the Global Sunflower Seeds Market gives an estimation of the development of the market based on historical studies and also provides read more..