spirulina stock price

What is the market size of spirulina?

The global spirulina market was valued at $393.6 million in 2019, and is projected to reach $897.61 million by 2027, registering a CAGR of 10.5% from 2020 to 2027. The highly nutritional and ecofriendly Spirulina (Arthrospira platensis) has hypolipidemic, hypoglycemic, and antihypertensive properties.

Who are the leading players in the spirulina market?

Prominent players operating in the global spirulina market include Cyanotech Corporation DIC Corporation, Cabassi & Giuriati SpA, DDW, DÖHLER GmbH, Dongtai City Spirulina Bio-engineering Co., Ltd., Echlorial, E. I. D. Parry Limited, Givaudan international SA, Prolgae Spirulina Supplies Pvt. Ltd., Dongtai City Spirulina Bio-engineering Co., Ltd.

How much does spirulina and Chlorella cost?

Spirulina & Chlorella TabletsOur Spirulina & Chlorella Tablets are a 50/50 blend of two potent, chlorophyll and protein-rich algae. Combined, they provide a full array of micro and macro nutrients $24.99 ($6.25/oz) 2-day delivery

What is the total market value of Spirulina report ?

The total market value of Spirulina is $393.6 million in 2019 Read More

What would be forecast period in the market report?

The forecast period in the report is from 2020 to 2027 Read More

What is the market value of Spirulina in 2020?

The market value of Spirulina in 2020 was $446.74 Million Read More

Which is base year calculated in the Spirulina report?

The base year for the report is 2019 Read More

Does the Spirulina company is profiled in the report?

Yes, the companies with Spirulina products are profiled in the report Read More

Which are the top companies hold the market share in Spirulina?

The top companies that hold the market share in Spirulina are Cyanotech Corporation, DIC Corporation, Dongtai City Spirulina Bio-engineering Co., L...

Does the Spirulina report provides Value Chain Analysis?

Yes, value chain analysis is provided in the Spirulina report Read More

What are the key trends in the Spirulina report?

The key trends in the Spirulina are increase in demand for natural ingredients, and R&D of spirulina commercial products. Read More

What is the market size of spirulina?

Spirulina Market Size & Growth Rate Analysis: Spirulina Market size was worth USD 348 million in 2021, and it is estimated to reach a valuation of USD 779 million by the end of 2026, expanding at a CAGR of about 10.5% during the forecast period from 2021 to 2026. Spirulina is a filament, and microscopic cyanobacteria and its name comes ...

Where is the spirulina market?

Spirulina markets in the Asia Pacific, especially China, India, and Japan, are foreseen to show high growth during the forecast period. Demand for clean labels and natural ingredients is anticipated to lead the market during the prediction period.

What is spirulina powder used for?

Spirulina powder is needed for different treatments, including anti-aging, wrinkles, gray hair, haar loss and allergies. The market for skin and hair care requires Spirulina powder, along with several pharmaceutical products, is used in a variety of treatments in the medical industry. Due to a growing awareness of the benefits to the health ...

Why is spirulina growing?

The growth of the Spirulina market is expected in the years to come as a consequence of their contribution to weight reduction and an increasing number of health clubs and fitness centers. Cyanobacteria's health benefits contributed to their dessert use, smoothies, juices, salads and breakfast foods.

How much fat is in a tablespoon of spirulina?

A tablespoon of spirulina contains about 1 gram of fat, including omega-3 and omega-6 fatty acids. Additionally, spirulina is rich in protein, and the protein quality of spirulina is similar to that of eggs.

Is spirulina powder a cyanobacterium?

The global market demand for spirulina powder is increasing due to the abundant use of this powder in the food and beverage industry. Spirulina is essentially a cyanobacterium that grows in salt and freshwater and belongs to a group of turquoise algae or single-celled microbes. Spirulina in powder form is used in various industries. Therefore, the global spirulina powder market has a broad consumer base that contributes to the overall growth of this business. A tablespoon of spirulina contains about 1 gram of fat, including omega-3 and omega-6 fatty acids.

Is spirulina a superfood?

Spirulina is one of the most an cient forms of life on earth that produce oxygen in the atmosphere of the planet. It is considered a superfood and one of the richest in nutrients in the world. It contains between 55 and 70% protein, eight essential, 10 non-essential amino acids, chlorophyll, beta-carotene, DNA & RNA nuclear acids, and other important gamma-linolenic acids.

What is the global spirulina market?

Spirulina Market Overview: The global spirulina market was valued at $393.6 million in 2019, and is projected to reach $897.61 million by 2027, registering a CAGR of 10.5% from 2020 to 2027. The highly nutritional and ecofriendly Spirulina (Arthrospira platensis) has hypolipidemic, hypoglycemic, and antihypertensive properties.

Which region is the largest spirulina market?

North America was the leading revenue contributor to the global spirulina market in 2019 and is expected to remain dominant throughout the forecast period. This is attributed to its increase in demand for naturally derived food coloring agents in the region. However, Asia-Pacific is expected to grow at the highest CAGR during the study period, as it offers lucrative opportunities for the market players owing to favorable production environment for the spirulina processing industry in the region.

What is the Arthrospira Platensis segment?

The Arthrospira Platensis segment held a dominant market share in 2019 and is anticipated to maintain its position during the forecast period . This is attributed to different factors such as surge in healthcare awareness and incorporation of spirulina in diets as super food globally.

What is spirulina used for?

Spirulina is also largely used in the food & beverage sector as it has a high content of natural pigments that impart blue color and is combined with other colors to obtain new customized colors such as lavender, violet, and green. Spirulina also finds its major application in the cosmetic & personal care industry.

What are the factors that drive the growth of spirulina?

Increase in demand for natural ingredient and R&D investments in commercial spirulina products are the major factors that drive the market growth. Further, promotion of the production of spirulina by government boosts the market growth. However, impact on spirulina production due to climate change hampers the growth of the market.

Is spirulina good for cholesterol?

Spirulina comprises high antioxidant, hypolipidemic, beta-carotene, and anti-inflammatory properties. It offers health benefits such as reduced cholesterol and blood pressure owing to exceptional properties. Growth in penetration of spirulina in the cosmetics and pharmaceutical industries is further expected to fuel the growth of the market during the forecast period.