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Global Spirulina Market to reach a market size of $651 Million by 2025- KBV Research

Press release   •   Aug 14, 2019 18:57 IST

According to a new report Global Spirulina Market, published by KBV Research, The Global Spirulina Market size is expected to reach $651 Million by 2025, rising at a market growth of 10.6% CAGR during the forecast period.

The North America market dominated the Global Arthrospira Platensis Market by Region in 2018, growing at a CAGR of 8.5 % during the forecast period. The Europe market is expected to witness a CAGR of 8.7% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 10.6% during (2019-2025).

The Nutraceuticals market dominated the Global Spirulina Market by Application in 2018, growing at a CAGR of 9.7 % during the forecast period. The Cosmetics market is expected to witness a CAGR of 12.8% during (2019-2025).

The Powder market dominated the Global Spirulina Market by Drug Formulation in 2018, growing at a CAGR of 9.9 % during the forecast period. The Tablet & Capsule market is expected to witness highest CAGR of 10.1% during (2019-2025).

Full Report: https://www.kbvresearch.com/spirulina-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cyanotech Corporation, DIC Corporation, Chr. Hansen Holding A/S, Algenol, LLC, Prolgae Spirulina Supplies Pvt. Ltd., Sensient Technologies Corporation, DDW, Inc., GNC Holdings, Inc., NOW Foods, Inc. and Sunrise Nutrachem Group Co. Ltd.

Global Spirulina Market Segmentation

By Type

Arthrospira Platensis

Arthrospira Maxima

By Application

Nutraceuticals

Cosmetics

Food and Beverages

Animal Feed

Other Applications

By Drug Formulation

Powder

Tablet & Capsule

Liquid

Granule & Gelling Agent

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Cyanotech Corporation

DIC Corporation

Chr. Hansen Holding A/S

Algenol, LLC

Prolgae Spirulina Supplies Pvt. Ltd.

Sensient Technologies Corporation

DDW, Inc.

GNC Holdings, Inc.

NOW Foods, Inc.

Sunrise Nutrachem Group Co. Ltd.

Spirulina Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.