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Spirulina Market Research Report Information By Type (Arthrospira platensis, Arthrospira maxima), By Application (Food & Beverage, Dietary Supplements, Cosmetics, and Personal Care), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.


ID: MRFR/F-B & N/0813-CR | 115 Pages | Author: Snehal Singh| February 2021

Spirulina Type Outlook (USD Million, 2018-2030)




  • Arthrospira platensis




  • Arthrospira maxima




Spirulina Application Outlook (USD Million, 2018-2030)




  • Food & Beverage




  • Dietary Supplements




  • Cosmetics and Personal Care




Spirulina Regional Outlook (USD Million, 2018-2030)




  • North America Outlook (USD Million, 2018-2030)




    • North America Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • North America Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • US Outlook (USD Million, 2018-2030)




    • US Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • US Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • CANADA Outlook (USD Million, 2018-2030)




    • CANADA Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • CANADA Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care








  • Europe Outlook (USD Million, 2018-2030)




    • Europe Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Europe Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • Germany Outlook (USD Million, 2018-2030)




    • Germany Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Germany Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • France Outlook (USD Million, 2018-2030)




    • France Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • France Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • UK Outlook (USD Million, 2018-2030)




    • UK Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • UK Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • ITALY Outlook (USD Million, 2018-2030)




    • ITALY Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • ITALY Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • SPAIN Outlook (USD Million, 2018-2030)




    • Spain Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Spain Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • Rest Of Europe Outlook (USD Million, 2018-2030)




    • REST OF EUROPE Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • REST OF EUROPE Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care








  • Asia-Pacific Outlook (USD Million, 2018-2030)




    • Asia-Pacific Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Asia-Pacific Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • China Outlook (USD Million, 2018-2030)




    • China Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • China Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • Japan Outlook (USD Million, 2018-2030)




    • Japan Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Japan Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • India Outlook (USD Million, 2018-2030)




    • India Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • India Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • Australia Outlook (USD Million, 2018-2030)




    • Australia Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Australia Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • Rest of Asia-Pacific Outlook (USD Million, 2018-2030)




    • Rest of Asia-Pacific Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Rest of Asia-Pacific Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care








  • Rest of the World Outlook (USD Million, 2018-2030)




    • Rest of the World Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Rest of the World Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • Middle East Outlook (USD Million, 2018-2030)




    • Middle East Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Middle East Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • Africa Outlook (USD Million, 2018-2030)




    • Africa Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Africa Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care






    • Latin America Outlook (USD Million, 2018-2030)




    • Latin America Spirulina by Type




      • Arthrospira platensis




      • Arthrospira maxima






    • Latin America Spirulina by Application




      • Food & Beverage




      • Dietary Supplements




      • Cosmetics and Personal Care







Research Methodology on Spirulina Market


1.1 Introduction


The primary objective of this research project is to understand the current market scenario and to identify the opportunities and challenges of the global Spirulina market. The project also entails forecasting and determining the industry overview of Spirulina. This research methodology is structured and well-defined with an adopted quantitative and qualitative research approach.


1.2 Research design


Market Research Future (MRFR) has adopted a research methodology – triangulation (the process by which multiple research designs are used to increase the accuracy and reliability of the data collected) in order to gain accurate information about the market and its dynamics. To accomplish this objective, primary and secondary data are collected from audience surveys, interviews and secondary sources.


1.3 Primary Data Source


The primary data is collected from industry experts and key opinion leaders. MRFR conducted structured communication with the subject matter experts through face-to-face interviews and telephonic conversations in order to extract detailed insights about the relevant markets. The structured questions in the interviews mainly revolve around the drivers, constraints, trends, challenges, opportunities and their impact on the markets.


1.4 Secondary Data Source


Secondary data is collected from company websites, industry magazines, conferences, press releases, and other sources. MRFR collected data available in the public domain as well as data available through primary research. MRFR researched open-access databases like World Bank Database and World Health Organization Database and extensively used data-driven websites such as Mintel, Hoovers, Bloomberg and Factiva. Moreover, secondary data is also gathered from industry newsletters, trade journals and other sources.


1.5 Model Validation


MRFR model validation strategy is focused on assessing the accuracy of the forecasting model. This model validation process is rigorous and systematic to ensure the projections made in the market report are sound and logical. MRFR model validation process involves a logical review of the prepared model to determine the accuracy of the research findings. It also helps to raise awareness of any inconsistencies, mistakes or miscalculations.


1.6 Market Estimation


The research report is supported by comprehensive forecasting estimates. The estimation procedure adopted by MRFR follows a process effectively isolating and addressing the key factors of the markets which help in estimating the size of the market in terms of volume and value along with yearly growth rate. This procedure also helps in estimating the factors that are constraining the growth of the market such as the supply-demand gap, manufacturing costs, etc.


1.7 Data Triangulation


The data triangulation helps to provide a holistic view of the market by receiving insights from multiple sources from different fields. MRFR triangulates the data collected from primary and secondary sources with valid methodologies and analysis tools. This is for evaluating the accuracy of the forecasts derived in the market report.


1.8 Assumptions


MRFR research report includes several assumptions concerning the market studies. The assumptions are made in order to structure the relationships between different variables and determine the dynamics of the markets and their trends. These assumptions are used by market players and stakeholders to make decisions regarding the product mix and pricing strategies.


In conclusion, MRFR adopts and puts into practice a comprehensive and rigorous research methodology to derive accurate information about the Spirulina market and its dynamics. The adoption of the triangulation process and the estimation procedure helps to provide a better understanding of the market and its future performance.

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1 Report Prologue

2 Introduction

2.1 Definition 12

2.1.1 Spirulina 12

2.2 Scope of the Study 12

2.2.1 Research Methodology 12

2.3 Assumptions 12

2.4 Limitations 12

2.5 Market Structure 12

2.5.1 Global Spirulina Market, By Form 12

2.5.2 Global Spirulina Market, By Application 13

2.5.3 Global Spirulina Market, By Region 13

3 Research Methodology

3.1 Research Process 14

3.2 Primary Research 15

3.3 Secondary Research 17

3.4 Forecast Model 18

4 Premium Insights

4.1 Global Spirulina Market: Market Mapping & Research Methodology 19

4.2 Market Overview: Global Spirulina Market 20

4.3 Industry Trends and Market Environment: Global Spirulina Market 21

4.4 Product Innovation: Global Spirulina Market 23

5 Market Dynamics

5.1 Introduction 24

5.2 Drivers: 25

5.2.1 High in nutrients density 25

5.2.2 Rising Preference for Natural Food Colors 26

5.2.3 Helps in Curbing Malnutrition 27

5.3 Restraints: 28

5.3.1 Possibility of Toxic Contamination 28

5.3.2 Not Optimal For Use as Colorant in Ready to Drink Beverages 29

5.4 Opportunities: 30

5.4.1 Broad Areas of Applications 30

5.5 Challenges: 31

5.5.1 Lack of Awareness about Spirulina: 31

5.5.2 Challenges Associated With The Production Of Spirulina: 32

6 Mega Trends

6.1 Macroeconomic indicators analysis 33

7 Market Factor Analysis

7.1 Introduction 36

7.2 Value Chain Analysis 36

7.3 Supply Chain Analysis 38

7.4 Porter's Five Forces 39

7.4.1 Porter's 5 Forces Analysis: Spirulina Market 39

7.4.2 Threat of New Entrants 40

7.4.3 Threat of Substitutes 40

7.4.4 Bargaining Power of Buyers 41

7.4.5 Bargaining Power of Suppliers 41

7.4.6 Intensity of Rivalry 42

7.5 Organizations Promoting Spirulina Production and Consumption 42

7.5.1 IIMSAM 42

7.5.2 Galaxy - Kakamega 42

8 Global Spirulina Market, By Form

8.1 Introduction 43

8.2 Global Spirulina Market, By Form 43

8.2.1 Powder 43

8.2.2 Capsule & tablet 43

8.2.3 Liquid 43

8.2.4 Gelling agent 43

9 Global Spirulina Market, By Application

9.1 Introduction 46

9.2 Global Spirulina Market Segmentation, By Application 46

9.2.1 Nutraceuticals 46

9.2.2 Food & Beverages 46

9.2.3 Pharmaceuticals 46

9.2.4 Cosmetic & Personal care 46

9.2.5 Others 46

10 Global Spirulina Market, By Region

10.1 Introduction 49

10.2 Global Spirulina Market, By Region 49

11 North America Spirulina Market Analysis

11.1 North America Spirulina Market, By Country 51

11.2 North America Spirulina Market, By Form 52

11.3 North America Spirulina Market, By Application 53

11.4 U.S. 54

11.5 Canada 56

12 Europe Spirulina Market Analysis

12.1 Europe Spirulina Market, By Country 60

12.2 Europe Spirulina Market, By Form 61

12.3 Europe Spirulina Market, By Application 62

12.4 Germany 63

12.5 France 65

12.6 Spain 67

12.7 Rest of Europe 69

13 Asia Pacific Spirulina Market Analysis

13.1 Asia Pacific Spirulina Market, By Country 71

13.2 Asia Pacific Spirulina Market, By Form 72

13.3 Asia Pacific Spirulina Market, By Application 73

13.4 CHINA 74

13.5 India 76

13.6 Japan 78

13.7 Australia & New Zealand 80

13.8 ASEAN Countries 82

13.9 Rest of Asia Pacific 84

14 Rest of the World Spirulina Market Analysis

14.1 Rest of the World Spirulina Market, By Country 86

14.2 Rest of the World Spirulina Market, By Form 87

14.3 Rest of the World Spirulina Market, By Application 88

14.4 Latin America 89

14.5 Middle East 91

14.6 Others 93

15 Competitive Landscape

16 Major Market Player Analysis of Spirulina

16.1 Cyanotech Corporation 98

16.1.1 Company Profile 98

16.1.2 Company Snapshot 98

16.1.3 Product and Specifications 99

16.1.4 Key development 99

16.1.5 Business strategy 99

16.1.6 SWOT Analysis 100

16.2 DIC Corporation 101

16.2.1 Company Profile 101

16.2.2 Company Snapshot 101

16.2.3 Product and Specifications 102

16.2.4 Key Developments 102

16.2.5 Business strategy 102

16.2.6 SWOT Analysis 103

16.3 E.I.D Parry (India) Ltd. 104

16.3.1 Company Profile 104

16.3.2 Company Snapshot 104

16.3.3 Product and Specifications 105

16.3.4 Key Developments 105

16.3.5 Business strategy 106

16.3.6 SWOT Analysis 106

16.4 Tianjin Norland Biotech Co.,Ltd 107

16.4.1 Company Profile 107

16.4.2 Company Snapshot 107

16.4.3 Product and Specifications 107

16.4.4 Key Developments 108

16.4.5 Business strategy 108

16.4.6 SWOT Analysis 108

16.5 Hydrolina Biotech Private Limited 109

16.5.1 Company Profile 109

16.5.2 Company Snapshot 109

16.5.3 Product and Specifications 109

16.5.4 Key Developments 110

16.5.5 Business Strategy 110

16.6 Jiangxi Alga Biotech 111

16.6.1 Company Profile 111

16.6.2 Company Snapshot 111

16.6.3 Product & Specification 112

16.6.4 Key Developments 112

16.6.5 Business strategy 112

16.7 Synergy Natural Products Pty Ltd. 113

16.7.1 Company Profile 113

16.7.2 Company Snapshot 113

16.7.3 Product and Specifications 114

16.7.4 Key Developments 114

16.7.5 Business Strategy 114

17 List of Tables

TABLE 1 PESTLE ANALYSIS: U.S. 33

TABLE 2 PESTLE ANALYSIS-CHINA 34

TABLE 3 PESTLE ANALYSIS- INDIA 35

TABLE 4 GLOBAL SPIRULINA MARKET, BY FORM (2022-2030), USD MN 44

TABLE 5 GLOBAL SPIRULINA MARKET, BY FORM (2022-2030), USD MN 45

TABLE 6 GLOBAL SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 47

TABLE 7 GLOBAL SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 48

TABLE 8 GLOBAL SPIRULINA MARKET, BY REGION (2022-2030), USD MN 50

TABLE 9 GLOBAL SPIRULINA MARKET, BY REGION (2022-2030), USD MN 50

TABLE 10 NORTH AMERICA SPIRULINA MARKET, VALUE (2022-2030), USD MN 51

TABLE 12 NORTH AMERICA SPIRULINA MARKET, BY FORM (2022-2030), USD MN 52

TABLE 14 NORTH AMERICA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 53

TABLE 15 NORTH AMERICA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 53

TABLE 16 U.S. SPIRULINA MARKET, BY FORM (2022-2030), USD MN 54

TABLE 17 U.S. SPIRULINA MARKET, BY FORM (2022-2030), USD 54

TABLE 18 U.S. SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 55

TABLE 20 CANADA SPIRULINA MARKET, BY FORM (2022-2030), USD MN 56

TABLE 21 CANADA SPIRULINA MARKET, BY FORM (2022-2030), USD MN 56

TABLE 22 CANADA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 57

TABLE 23 CANADA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 57

TABLE 24 MEXICO SPIRULINA MARKET, BY FORM (2022-2030), USD MN 58

TABLE 25 MEXICO SPIRULINA MARKET, BY FORM (2022-2030), USD MN 58

TABLE 26 MEXICO SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 59

TABLE 27 MEXICO SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 59

TABLE 28 EUROPE SPIRULINA MARKET, VALUE (2022-2030), USD MN 60

TABLE 29 EUROPE SPIRULINA MARKET, VALUE (2022-2030), USD MN 60

TABLE 30 EUROPE SPIRULINA MARKET, BY FORM (2022-2030), USD MN 61

TABLE 31 EUROPE SPIRULINA MARKET, BY APPLICATION (2022-2030), USD MN 61

TABLE 32 EUROPE SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 62

TABLE 34 GERMANY SPIRULINA MARKET, BY FORM (2022-2030), USD MN 63

TABLE 35 GERMANY SPIRULINA MARKET, BY FORM (2022-2030), USD MN 63

TABLE 36 GERMANY SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 64

TABLE 37 GERMANY SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 64

TABLE 38 FRANCE SPIRULINA MARKET, BY FORM (2022-2030), USD MN 65

TABLE 39 FRANCE SPIRULINA MARKET, BY APPLICATION (2022-2030), USD MN 65

TABLE 40 FRANCE SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 66

TABLE 41 FRANCE SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 66

TABLE 42 SPAIN SPIRULINA MARKET, BY FORM (2022-2030), USD MN 67

TABLE 43 SPAIN SPIRULINA MARKET, BY FORM (2022-2030), USD MN 67

TABLE 44 SPAIN SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 68

TABLE 45 SPAIN SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 68

TABLE 46 REST OF EUROPE SPIRULINA MARKET, BY FORM (2022-2030), USD MN 69

TABLE 47 REST OF EUROPE SPIRULINA MARKET, BY FORM (2022-2030), USD 69

TABLE 48 REST OF EUROPE SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 70

TABLE 49 REST OF EUROPE SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 70

TABLE 50 ASIA PACIFIC SPIRULINA MARKET, VALUE (2022-2030), USD MN 71

TABLE 51 ASIA PACIFIC SPIRULINA MARKET, VALUE (2022-2030), USD MN 71

TABLE 52 ASIA PACIFIC SPIRULINA MARKET, BY FORM (2022-2030), USD MN 72

TABLE 53 ASIA PACIFIC SPIRULINA MARKET, BY APPLICATION (2022-2030), USD MN 72

TABLE 54 ASIA PACIFIC SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 73

TABLE 55 ASIA PACIFIC SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 73

TABLE 56 CHINA SPIRULINA MARKET, BY FORM (2022-2030), USD MN 74

TABLE 57 CHINA SPIRULINA MARKET, BY FORM (2022-2030), USD MN 74

TABLE 58 CHINA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 75

TABLE 60 INDIA SPIRULINA MARKET, BY FORM (2022-2030), USD MN 76

TABLE 61 INDIA SPIRULINA MARKET, BY FORM (2022-2030), USD MN 76

TABLE 62 INDIA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 77

TABLE 63 INDIA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 77

TABLE 64 JAPAN SPIRULINA MARKET, BY FORM (2022-2030), USD MN 78

TABLE 65 JAPAN SPIRULINA MARKET, BY FORM (2022-2030), USD MN 78

TABLE 66 JAPAN SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 79

TABLE 67 JAPAN SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 79

TABLE 68 AUSTRALIA & NEW ZEALAND SPIRULINA MARKET, BY FORM (2022-2030), USD MN 80

TABLE 69 AUSTRALIA & NEW ZEALAND SPIRULINA MARKET, BY FORM (2022-2030), USD MN 80

TABLE 70 AUSTRALIA & NEW ZEALAND SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 81

TABLE 71 AUSTRALIA & NEW ZEALAND SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 81

TABLE 72 ASEAN COUNTRIES SPIRULINA MARKET, BY FORM (2022-2030), USD MN 82

TABLE 73 ASEAN COUNTRIES SPIRULINA MARKET, BY FORM (2022-2030), USD 82

TABLE 74 ASEAN COUNTRIES SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 83

TABLE 75 ASEAN COUNTRIES SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 83

TABLE 76 REST OF ASIA PACIFIC SPIRULINA MARKET, BY FORM (2022-2030), USD MN 84

TABLE 77 REST OF ASIA PACIFIC SPIRULINA MARKET, BY APPLICATION (2022-2030), USD 84

TABLE 78 REST OF ASIA PACIFIC SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 85

TABLE 79 REST OF ASIA PACIFIC SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 85

TABLE 80 REST OF THE WORLD SPIRULINA MARKET, VALUE (2022-2030), USD MN 86

TABLE 81 REST OF THE WORLD SPIRULINA MARKET, VALUE (2022-2030), USD MN 86

TABLE 82 REST OF THE WORLD SPIRULINA MARKET, BY FORM (2022-2030), USD MN 87

TABLE 83 REST OF THE WORLD SPIRULINA MARKET, BY FORM (2022-2030), USD 87

TABLE 84 REST OF THE WORLD SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 88

TABLE 85 REST OF THE WORLD SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 88

TABLE 86 LATIN AMERICA SPIRULINA MARKET, BY FORM, (2022-2030), USD MN 89

TABLE 87 LATIN AMERICA SPIRULINA MARKET, BY FORM (2022-2030), USD MN 89

TABLE 88 LATIN AMERICA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 90

TABLE 89 LATIN AMERICA SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 90

TABLE 90 MIDDLE EAST SPIRULINA MARKET, BY FORM (2022-2030), USD MN 91

TABLE 91 MIDDLE EAST SPIRULINA MARKET, BY FORM (2022-2030), USD MN 91

TABLE 92 MIDDLE EAST SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 92

TABLE 93 MIDDLE EAST SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 92

TABLE 94 OTHERS SPIRULINA MARKET, BY FORM (2022-2030), USD MN 93

TABLE 95 OTHERS SPIRULINA MARKET, BY FORM (2022-2030), USD 93

TABLE 96 OTHERS SPIRULINA MARKET, BY APPLICATION (2022-2030), (USD MN) 94

TABLE 98 COMPETIVE LANDSCAPING: GLOBAL SPIRULINA MARKET: BY STRATEGY (2022-2030) 97

TABLE 99 PRODUCT OVERVIEW 99

TABLE 100 PRODUCT OVERVIEW 102

TABLE 101 PRODUCT OVERVIEW 102

TABLE 102 PRODUCT OVERVIEW 105

TABLE 103 KEY DEVELOPMENTS 105

TABLE 104 PRODUCT OVERVIEW 107

TABLE 105 PRODUCT OVERVIEW 109

TABLE 106 PRODUCT OVERVIEW 112

TABLE 107 PRODUCT OVERVIEW 114

18 List of Figurrs

FIGURE 1 RESEARCH PROCESS OF MRFR 15

FIGURE 2 PRIMARY RESEARCH PROCESS 16

FIGURE 3 SECONDARY RESEARCH PROCESS: TOP DOWN & BOTTOM UP APPROACH 17

FIGURE 4 FORECAST MODEL 18

FIGURE 5 MARKET SEGMENTATION: GLOBAL SPIRULINA MARKET 20

FIGURE 6 PRODUCT LIFECYLE: GLOBAL SPIRULINA MARKET 21

FIGURE 7 PRODUCT LIFECYLE: GLOBAL SPIRULINA MARKET, BY REGION 22

FIGURE 8 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF SPIRULINA MARKET 24

FIGURE 9 VALUE CHAIN ANALYSIS OF GLOBAL SPIRULINA MARKET 36

FIGURE 10 STAGES IN SPIRULINA PRODUCTION 37

FIGURE 11 SUPPLY CHAIN ANALYSIS OF GLOBAL SPIRULINA MARKET 38

FIGURE 12 PORTER'S 5 FORCES ANALYSIS OF GLOBAL SPIRULINA MARKET 39

FIGURE 13 GLOBAL SPIRULINA MARKET, BY FORM 44

FIGURE 14 GLOBAL SPIRULINA MARKET, BY APPLICATION 47

FIGURE 15 GLOBAL SPIRULINA MARKET, BY REGION 49

FIGURE 16 GLOBAL SPIRULINA MARKET:MAJOR PLAYER MARKET DEVELOPMENT SHARE 2022-2030 95

FIGURE 17 GLOBAL SPIRULINA MARKET:STRATEGY ANALYSIS 96

FIGURE 18 GLOBAL SPIRULINA MARKET: MARKET DEVELOPMENT (2022-2030) 97

FIGURE 19 CYANOTECH CORPORATION:COMPANY SNAPSHOT 98

FIGURE 20 CYANOTECH CORPORATION: SWOT ANALYSIS 100

FIGURE 21 DIC CORPORATION: COMPANY SNAPSHOT 101

FIGURE 22 DIC CORPORATION: SWOT 103

FIGURE 23 E.I.D PARRY (INDIA) LTD.: COMPANY SNAPSHOT 104

FIGURE 24 E.I.D PARRY (INDIA) LTD.: SWOT ANALYSIS 106

FIGURE 25 TIANJIN NORLAND BIOTECH CO.,LTD:COMPANY SNAPSHOT 107

FIGURE 26 TIANJIN NORLAND BIOTECH CO.,LTD: SWOT ANALYSIS 108

FIGURE 27 HYDROLINA BIOTECH PRIVATE LIMITED: COMPANY SNAPSHOT 109

FIGURE 28 JIANGXI ALGA BIOTECH: COMPANY SNAPSHOT 111

FIGURE 29 SYNERGY NATURAL PRODUCTS PTY LTD.: COMPANY SNAPSHOT 113

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