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Asia-Pacific Spirulina Market by Product Type (Powder, Tablets, Capsules, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Forecast to 2030

Report ID: MRFB - 201014 Pages: 150 Date: Aug-2023
Formats*: PDF Delivery: 2 to 4 Hours
Category: Food and Beverages

Table of contents

  • Description

      The Asia-Pacific Spirulina Market is expected to reach $362.1 million by 2030, at a CAGR of 9.3% from 2023 to 2030. In terms of volume, the market is expected to reach 52,890.9 tons by 2030, at a CAGR of 8.2% from 2023 to 2030. The increasing health & wellness trends and the growing food supplements industry, rising demand for natural food colors, positive environmental impact of spirulina cultivation, growing preference for spirulina-sourced products, and increasing use of spirulina in aquaculture are the key factors driving the growth of the Asia-Pacific spirulina market.

      Furthermore, the growing demand for phycocyanin and increasing consumer awareness regarding clean-label products are expected to offer significant opportunities for the players operating in this market.

      Key Players

      The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market participants in the Asia-Pacific spirulina market in the past three to four years. The key players profiled in this Asia-Pacific spirulina market study are Aurospirul (India), Far East Microalgae Industries Co., Ltd. (FEMICO) (Taiwan), Fuqing King Dnarmsa Spirulina Co., Ltd. (China), DIC Corporation (Japan), E.I.D. - Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited) (India), Cyanotech Corporation (U.S.), C.B.N. Bio-Engineering Co., Ltd (China), YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (A Subsidiary of Yunnan Spirin Biotechnology Co. Ltd) (China), JIANGSHAN COMP SPIRULINA CO., LTD (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Zhejiang Binmei Biotechnology Co., Ltd. (China), Bluetec Naturals CO., LTD. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Vedan Biotechnology Corporation (Taiwan), AlgoSource (France), Tianjin Norland Biotech Co., Ltd (China). Allmicroalgae Natural Products S.A. (Portugal), TAIWAN WILSON ENTERPRISE INC. (Taiwan), ALGALIMENTO SL (Spain), Seagrass Tech Private Limited (India), Plankton Australia Pty Limited (Australia), Hangzhou OuQi Food Co., Ltd. (China), JUNE Spirulina (a Part of JUNE Group of Companies) (Myanmar), Ordos Xinyuli Spirulina Industry Group Co., Ltd. (China), Qingdao Haizhijiao Biotechnology Co., Ltd. (China), Sea & Sun Organic GmbH (Subsidiary of Sea & Sun Technology GmbH) (Germany), Pond Technologies Inc. (Canada), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Givaudan SA (Switzerland), Nutragreenlife Biotechnology Co. Ltd. (Branch of Greenlife Biotechnology Co., Ltd.) (China), Xi’an Fengzu Biological Technology Co., Ltd. (FZBIOTECH) (China), Necton S.A. (Portugal), and Spring Spirulina SG (Singapore).

  • Table Of Content

      Figure 1    Market Ecosystem    
      Figure 2    Key Stakeholders    
      Figure 3    Research Process    
      Figure 4    Key Secondary Sources Referenced for this Study    
      Figure 5    Primary Research Techniques    
      Figure 6    Key Executives Interviewed    
      Figure 7    Breakdown of Primary Interviews (Supply-side & Demand-side)    
      Figure 8    Market Sizing and Growth Forecast    
      Figure 9    In 2023, the Powder Segment is Expected to Account for the Largest Share
      Figure 10    In 2023, the Nutraceuticals Segment Will Dominate the Market    
      Figure 11    The Business Channel Segment to Register the Highest CAGR During 2023–2030    
      Figure 12    China Dominates the Asia-Pacific Spirulina Market, while it Also Leads in Growth    
      Figure 13    Benefits of Consuming 5-10 Grams of Spirulina Every Day    
      Figure 14    Spirulina Supplements: Most Common Dosage Forms    
      Figure 15    Asia-Pacific Spirulina Market Value Chain    
      Figure 16    Factors Affecting Market Growth    
      Figure 17    Spirulina Vs. Other Foods: Nutrient Profile    
      Figure 18    Spirulina Market: Force Field Analysis    
      Figure 19    Asia-Pacific Spirulina Market, by Product Type, 2023 Vs. 2030 (USD Thousand)
      Figure 20    Asia-Pacific Spirulina Market, by Product Type, 2023 Vs. 2030 (Tons)    
      Figure 21    Asia-Pacific Spirulina Market, by Distribution Channel, 2023 Vs. 2030 (USD Thousand)     
      Figure 22    Spirulina: Business Channel    
      Figure 23    Spirulina: Consumer Channel    
      Figure 24    Asia-Pacific Spirulina Market, by Application, 2023–2030 (USD Thousand)
      Figure 25    Possible Effect of Spirulina Extract on Agriculture    
      Figure 26    Asia-Pacific: Spirulina Market Snapshot, 2023    
      Figure 27    Asia-Pacific: Spirulina Market, by Country/Region, 2023–2030 (USD Thousand)    
      Figure 28    Asia-Pacific: Spirulina Market, by Country/Region, 2023–2030 (Tons)     
      Figure 29    Key Growth Strategies Adopted by Leading Players (2020–2023)    
      Figure 30    Competitive Dashboard: Asia-Pacific Spirulina Market     
      Figure 31    Asia-Pacific Spirulina Market Competitive Benchmarking, by Application    
      Figure 32    DIC Corporation: Financial Overview (2022)    
      Figure 33    E.I.D. - Parry (India) Limited: Financial Overview (2022)    
      Figure 34    Givaudan SA: Financial Overview (2022)    
      Figure 35    Cyanotech Corporation: Financial Overview (2022)  
  • Business content is the establishment
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      reporticon Nutritional Premixes Market - Global Opportunity Analysis And Industry Forecast (2023-2030)
      reporticon Nutritional Premixes Market - Global Opportunity Analysis And Industry Forecast (2023-2030)
  • For what reason would it be advisable
      reporticon Nutritional Premixes Market - Global Opportunity Analysis And Industry Forecast (2023-2030)
      reporticon Nutritional Premixes Market - Global Opportunity Analysis And Industry Forecast (2023-2030)
      reporticon Nutritional Premixes Market - Global Opportunity Analysis And Industry Forecast (2023-2030)

Key questions answered in the report:

In 2023, the sweet modulators segment is expected to account for the largest share of the taste modulators market.
In 2023, the sweet modulators segment is expected to account for the largest share of the taste modulators market.
Related Tag: Asia-Pacific Spirulina Market Spirulina
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   Published Date: Aug-2023