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Spirulina Market Poised to Reach $1.1 Billion by 2030 Meticulous Research®, a global leader in market research, unveils a comprehensive study under the title, 'Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverage, Animal Feed, Cosmetics, Agriculture) - Global Forecast to 2030.' Download Sample Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5070 To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/spirulina-market-5070 The segmentation of the spirulina market encompasses product type, distribution channel, application, and geography. Product Type Segmentation: • Powder • Tablets • Capsules • Flakes • Phycocyanin • Frozen Spirulina In 2023, the powder segment is poised to dominate the spirulina market, driven by escalating demand from nutraceutical manufacturers due to growing health consciousness among consumers, increased usage of spirulina powder in various food & beverage products, rising popularity of veganism, and the adoption of herbal ingredients in cosmetics. Concurrently, the phycocyanin segment is anticipated to experience substantial growth, fueled by its increased adoption in the manufacturing of therapeutic and nutritional products, a shift away from synthetic colors, rising demand for natural blue colorants, and notable investments from leading color houses in the phycocyanin space. Quick Buy – https://www.meticulousresearch.com/Checkout/28400912 Distribution Channel Segmentation: • Business Channel • Consumer Channel In 2023, the business channel is projected to dominate the spirulina market, primarily due to direct bulk purchases by various manufacturers, such as nutraceuticals, food & beverages, and animal feed, for further product development. This segment is expected to witness significant growth throughout the forecast period. Application Segmentation: • Nutraceuticals • Food & Beverage • Animal Feed • Cosmetics • Agriculture The nutraceuticals segment is expected to command the largest market share in 2023, driven by the flourishing nutraceutical sector, heightened health concerns among aging populations globally, a growing preference for natural alternatives to traditional pharmaceutical products, and increased consumer awareness of the link between nutrition and health. Speak to our Analysts https://www.meticulousresearch.com/speak-to-analyst/cp_id=5070 Geographical Segmentation: In 2023, North America is forecasted to lead the spirulina market, attributed to the growing consumer awareness of natural food products, stringent regulations against synthetic colors, rising demand for nutraceuticals, subsidiary growth in industries such as cosmetics and biofertilizers, a preference for natural protein sources, and the presence of key spirulina manufacturers with significant production capacities, especially in the U.S. Key Players: The spirulina market is vibrant and competitive, featuring key players such as Clos Sainte Aurore (France), Spirulina Viva (Mexico), SPIFORM (France), Spirulina La Capitelle (France), Aurospirul (India), Far East Microalgae Industries, Co., Ltd. (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.), and many others. Download Sample Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5070 Related Reports: 1.Europe Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Forecast to 2030 https://www.meticulousresearch.com/product/europe-spirulina-market-5499 2.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 https://www.meticulousresearch.com/product/asia-pacific-spirulina-market-5575 3. South East Asia Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Cosmetics, Agriculture) - Forecast to 2030 https://www.meticulousresearch.com/product/south-east-asia-spirulina-market-5676

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‘Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Global Forecast to 2030,’ In terms of value, the spirulina market is expected to reach $1.1 billion by 2030, at a CAGR of 9.4% from 2023 to 2030, while in terms of volume, the market is expected to reach $102,381.3 tons by 2030, at a CAGR of 8.0% from 2023 to 2030. Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5070 Spirulina is a spiral-shaped microalga that grows naturally in the wild in warm and freshwater lakes. It is a blue-green alga. Spirulina contains approximately 60-70% protein, Vitamin A, B, and K. Spirulina has multiple health benefits; it has powerful anti-oxidant, anti-cancer, and anti-inflammatory properties. It is also effective against anemia and high blood sugar levels. Owing to these, spirulina is considered a superfood. The major factors driving the growth of the spirulina market include the increasing health & wellness trends and dietary supplements industry, rising demand for natural food colors, growing vegetarianism, positive impact on the environment with spirulina cultivation, strict regulations regarding the inclusion of synthetic colors and flavors, growing preference for spirulina-sourced products, increasing use of spirulina in aquaculture, and growing investments from natural-color manufacturers. Furthermore, the emergence of new application areas, growing demand for phycocyanin, rising demand for spirulina from bio-refineries, and increasing demand for fresh/frozen spirulina are expected to provide significant opportunities for the growth of this market. However, the low awareness of the benefits of spirulina, the complex production of algae products, and the risk of contamination restrain the growth of this market. Quick Buy – Spirulina Market Research Report: https://www.meticulousresearch.com/Checkout/82610485 The spirulina market is segmented by type, distribution channel, application, and geography. The key players operating in the spirulina market are Clos Sainte Aurore (France), Spirulina Viva (Mexico), SPIFORM (France), Spirulina La Capitelle (France), Aurospirul (India), Far East Microalgae Industries, Co., Ltd. (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), Roquette Klötze GmbH & Co. KG (Germany), Vedan Biotechnology Corporation (Taiwan), AlgoSource (France), Tianjin Norland Biotech Co., Ltd. (China), Allmicroalgae Natural Products S.A. (Portugal), Aliga Microalgae (Denmark), 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), BlueBioTech Group (Germany), 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), and Necton S.A. (Portugal). To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/spirulina-market-5070 Scope of the Report: Spirulina Market, by Product Type Powder Tablets Capsules Flakes Phycocyanin Frozen Spirulina Spirulina Market, by Distribution Channel Business Channel Consumer Channel Spirulina Market, by Application Nutraceuticals Food & Beverage Animal Feed Cosmetics Agriculture Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5070

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