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 examines and analyzes the sales key data from 2013 to 2018 for ,revenue, market share and growth rate for the top players,
This report also studies analysis of 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 raise in mineral-rich freshwater and saltwater sources. It provides plenty 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 in the form of natural colorant in food and beverage products. Since then, demand has increased dramatically, especially 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 leadersÕ prefer. With the global economic recapture, 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. At thePrices of product, the slow down trend in recent years will continue in the future, as competition will increase due to 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 add the other companies as we 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 big Spirulina manufacturers, capacity, production, revenue, market share, and recent development for key players.
To divided the breakdown data by regions, type, companies and applications.
To analyze the global and key regions market potential and benifits, opportunity and challenge, restraints and risks.
To identify important trends, drivers, influence factors in global and regions.
To analyze competitive developments like 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
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Table of Contents
1 Report Overview2 Global Growth Trends3 Market Share by Manufacturers4 Market Size by Type5 Market Size by Application6 North America7 Europe8 Asia Pacific9 Central & South America10 Middle East and Africa11 Company Profiles12 Value Chain and Sales Channels Analysis13 Market Forecast14 Research Findings and Conclusion15 Appendix
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