Overview
When organically grown spirulina is converted to powder, it is known as organic spirulina powder. The organic spirulina has to be guaranteed chemical-free. The spirulina powder is a major source of protein and finds its applications in the food and beverage industry. Organic spirulina powder is easier to absorb than whole spirulina and is extremely high in nutrients. The protein-rich nature of organic spirulina makes for an excellent protein substitute for people on vegan diets.
The report provides information related to organic spirulina powder market volume and value. Information at the global, regional and company level is systematically categorized in the report. The report also provides insights into current market share information and future prospects of the industry.
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The following manufacturers are covered:
DIC Corporation
EID Parry
Cyanotech Corporation (CC)
NOW Foods
Naturya
Aim Grow Biotech Co., Ltd
Algene Biotech
…
Segmentation
For accurate analysis, the report segments the global organic spirulina market on the basis of three key segments. This segmentation allows for the region and market-specific information for the organic spirulina market. The three key segments are further split into smaller sub-segments.
- Regional Segmentation
- North America
- Europe
- China
- Japan
- Southeast Asia
- India
- Type Segmentation
- Food grade
- Cosmetic grade
- Pharmaceutical grade
- Application Segmentation
- Cosmetics and personal care
- Pharmaceutical and Nutraceutical
- Animal feed
- Food and beverage, others.
Regional Overview
Americas had by far the largest spirulina market share in the year 2017. Analysts predict that this market will continue to grow steadily over the next 5 years. The rising health awareness among the population in the reason for the growth in this industry. As the number of supermarkets and hypermarkets increase, it will lead to greater availability and accessibility of the organic spirulina Powder. These reasons combined will propel the future growth of the industry.
Industry News
Since 2013, when the FDA approved the use of spirulina in food and beverages, the industry has been steadily growing. Sales of organic spirulina powder have increased over the past three years over the owing to the positive perception the ‘superfood’ received. The high protein and nutrition content in the organic spirulina powder makes it an instant choice of protein for Vegan friendly people. Owing to these factors and as spirulina becomes more readily available, the market will witness a further demand for organic spirulina powder.
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