Global $238 Million Spirulina Market Outlook 2017-2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Spirulina Market Outlook: 2017-2022" report to their offering.

The global market for spirulina will increase at a CAGR of 7.1% from 2017 to 2022 to USD 238.3 million by 2022, driven by growing demand for natural food colours, increasing vegetarianism, stringent regulations regarding the inclusion of synthetic colours and flavours, and growing malnutrition across the globe.

However, low awareness of the benefits of spirulina and challenges associated with the production of spirulina is expected to hinder the growth of the market to some extent. In addition, emergence of new application areas further provides significant opportunities for the various stakeholders in the global spirulina market.

This study analyzes the global spirulina industry. It presents market size for 2015, 2016, and 2017, with a forecast till 2022. Spirulina powder is the most common form of spirulina available in the global market and is expected to dominate the market during the forecast period.

Key Topics Covered:

1. Market Insights

1.1. Introduction

1.2. Drivers

1.2.1. Growing Demand for Natural Food Colours

1.2.2. Growing Vegeterianism

1.2.3. Strict Regulations Regarding the Inclusion of Synthetic Colors and Flavors

1.2.4. Growing Malnutrition

1.3. Restraints

1.3.1. Low Awareness of Benefits Of Spirulina

1.3.2 Complex Production of Algae Products

1.4. Opportunity

1.4.1. Emergence of New Application Areas Provides Significant Opportunity

1.5. Value Chain Analysis

1.6. Spirulina Manufacturing Process Analysis

1.7. Raw Material Analysis

2. Spirulina Market, By Form

2.1. Introduction

2.2. Powder

2.3. Tablets

2.4. Capsules

2.5. Flakes

3. Spirulina Market, By Application

3.1. Introduction

3.2. Food And Beverages

3.3. Nutraceuticals

3.4. Pharmaceuticals

3.5. Veterinary

3.6. Cosmetics

3.7. Others

4. Spirulina Market, By Geography

4.1. Introduction

4.2. North America

4.2.1. Key Drivers And Restraints

4.2.2. Growing Demand for Natural Food Colours

4.2.3. Government Initiatives to Promote Algae Research

4.2.4. The Contribution of Funds And Programs in Canada

4.3. Europe

4.3.1. Major Growth Drivers

4.3.2. Impact of Ban On The Manufacturing and Import Of Synthetic Colours

4.3.3. Complexity of the Regulation of Novel Foods

4.3.4. Availability of Funding To Propel the Market

4.3.5. Expansion of the Leading Companies Such as GNT Group

5. Company Profiles

  • Algaetech International Sdn Bhd.
  • Algene Biotech
  • Cyanotech Corporation
  • DIC Corporation
  • E.I.D Parry (India) Ltd.
  • Febico (Far East Bio-Tec. Co., Ltd.)
  • Fuqing King Dnarmsa Spirulina Co., Ltd
  • Guangzhou Endless Biotech Co., Ltd
  • Hydrolina Biotech
  • Naturya
  • Now Foods
  • Phyco Biotech
  • Sanatur Gmbh
  • Sunrise Nutrachem Group Co., Ltd
  • Synergy Natural Products Pty Ltd.
  • TAAU Australia Pty Ltd
  • The All Natural Company
  • Tianjin Norland Biotech Co., Ltd
  • Wudi Fengtai Aquaculture Co., Ltd
  • Zelang Group

For more information about this report visit http://www.researchandmarkets.com/research/gmnvb5/global_spirulina

Contacts

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Related Topics: Vitamins and Dietary Supplements

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Vitamins and Dietary Supplements