The global spirulina powder market size is projected to rise from USD 461 million in 2024 to USD 702 million by 2034. By 2034, spirulina powder sales are projected to soar at 5.9% CAGR.
| Attributes | Key Insights |
|---|---|
| Estimated Global Spirulina Powder Market Size (2024E) | USD 461 million |
| Projected Spirulina Powder Market Value (2034F) | USD 702 million |
| Value-based CAGR (2024 to 2034) | 5.9% |
The rise in plant-based diets is pushed by environmental sustainability, animal welfare, and the health benefits of vegetarianism. Spirulina powder, a popular choice among vegetarians, fulfills all dietary needs and is a complete protein with essential amino acids. As vegan lifestyles grow, the spirulina powder market is set to benefit from the rising consumer base, making it an excellent substitute for vegans.
Rising customer awareness about the use and benefits of spirulina as a food product is projected to surge demand for spirulina powder in food & beverage industry. Spirulina is also frequently employed in wastewater treatment to eliminate and convert contaminants like xenobiotics, heavy metals, and nutrients.
Spirulina extracts are gaining traction in the market as consumers become more conscious of the chemicals used in baked products and show a preference for chemical-free alternatives. This change is further influenced by growing inclination of consumers toward sweet meals. Growing confectionery food market and a consumer base that is health-conscious are anticipated to support the spirulina powder industry's sustained growth and profitability.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
From 2019 to 2023, there was a rising popularity of spirulina as a superfood packed with nutrients, primarily due to its promise to combat starvation in poor nations. Initial spirulina production was mostly concentrated on small-scale operations and research projects with ideal environmental conditions.
Increased consumer knowledge of spirulina's health benefits and surging applications led to a significant growth in commercial manufacturing & marketing of spirulina products from 2019 to 2023. Use of traditional culture methods, such as photobioreactors and controlled cultivation systems, allowed manufacturers for the production of spirulina with increased yields, better quality, and scalability.
By 2034, spirulina powder sales are projected to soar at 5.9% CAGR. Manufacturers added spirulina powder to functional meals, beverages, and dietary supplements, bringing it closer to the mainstream health & wellness market. Growing consumer worries about artificial additives and processed foods and surging desire for natural & plant-based goods are factors contributing to market growth.
Consumers tend to purchase products that offer nutritional benefits, including those with functional ingredients, organic components, and gluten-free options. The ease of online shopping and growing influence of e-commerce are anticipated to boost sales as manufacturers utilize digital platforms to reach a broader audience.
Demographic changes, such as increased urbanization and a fast lifestyle, are set to uphold the demand for convenient spirulina products. As spirulina powder becomes a staple in households worldwide, the market is poised for sustained growth, fueled by health-conscious choices, convenience, and continuous product development.
Leading companies capitalize on research & development to create unique, innovative, and high-quality products. Furthermore, manufacturers are concentrating on adopting modern technologies to maintain high-quality standards of spirulina powder.
Growing popularity of vegan diet is a key trend that stimulates market growth. Increasing demand for dietary supplements among health-conscious and aging populations is set to fuel market expansion.
The use of spirulina as food for fish and animals is causing significant growth in the market. Increasing end-use applications of spirulina powder in the pharmaceutical and nutraceutical industries are set to surge demand.
Spirulina is one of the latest forms of clean energy, which is projected to beat solar energy. Significant investments in research & development of novel and substantial products are estimated to boost growth prospects of the spirulina powder market.
Principal Consultant
The section below covers the CAGRs of several countries present in the spirulina powder market. The CAGRs would help the potential clients to scrutinize each country’s growth rate and invest in the ideal one. The United States, with favorable norms, is estimated to rise at a CAGR of 4.3% CAGR by 2034.
China is set to exhibit an impressive 5.6% CAGR, propelled by evolving consumer preferences and rising middle-class population. The United Kingdom is projected to exhibit a 4.5 % CAGR, reflecting a growing interest in premium and health-conscious products. Japan anticipates a substantial 6.7% CAGR, propelled by technological innovations and a penchant for unique & high-quality varieties.
| Countries | Forecast CAGR (2024 to 2034) |
|---|---|
| United States | 4.3% |
| China | 5.6% |
| United Kingdom | 4.5% |
| Japan | 6.7% |
Spirulina powder is accessible in the United States through various distribution channels, including health food stores, specialty stores, pharmacies, supermarkets, and online retail platforms, attracting a broad consumer base.
The FDA regulates spirulina powder as a dietary supplement, ensuring safety, labeling, and quality standards, with manufacturers voluntarily adhering to organic and non-GMO certifications.
The United States spirulina powder market is projected to rise due to increasing health, wellness, plant-based nutrition, and sustainable trends among consumers. The country is set to rise at a CAGR of 4.3% through 2034.
Changing dietary habits, a growing middle-class population and a rising preference for nutritional aqua goods contribute to the market's growth in China. China is projected to surge at a CAGR of 5.6% through 2034.
The government in China is showing a keen interest in providing substantial subsidies to spirulina harvesters to promote its health benefits in the country. Several public and private establishments are capitalizing on researching and developing spirulina-based products to meet consumer demand for nutritional needs in China.
Manufacturers in Germany are engaging in broadening spirulina powder production and investing in research to enhance product portfolio and fuel spirulina powder demand. The competitive landscape of Germany is marked by the presence of both well-known and emerging manufacturers, which fuels innovation and product offerings.
Increasing health consciousness and awareness of spirulina's high protein, vitamins, and potential health benefits is set to fuel its adoption as a dietary supplement & functional food ingredient in Germany. Germany is set to surge at a significant CAGR during the forecast period.
The section below shows the organic segment dominating by nature. The segment is predicted to hold a market share of 73.6% in 2024. Based on distribution channel, the direct sales segment is anticipated to generate a dominant share through 2024. It is set to hold a share of 77.3% in 2024.
| Segment | Market Share (2024) |
|---|---|
| Organic (Nature) | 73.6% |
| Direct Sale (Distribution Channel) | 77.3% |
| Food and beverage industry (Application) | 16.2% |
The organic segment of spirulina powder is projected to grow rapidly through the forecast period. Due to its claimed health benefits and environmental sustainability, organic spirulina powder is frequently preferred by consumers looking for natural, minimally processed meals. Demand for organic goods, such as spirulina powder, is rising as consumers become more conscious of environmental and health concerns.
Spirulina powder is popular in several food and beverage products because of its high nutritional value and adaptability. Usage of spirulina powder is anticipated to increase in food & beverage sector as more people look for natural, plant-based solutions to achieve their wellness and health objectives.
Spirulina powder is used in dairy alternatives to enhance the nutritional content of dairy-based smoothies and yogurts, adding a subtle earthy flavor and making it suitable for athletes. Spirulina powder manufacturers are launching innovative and unique nutritional supplement products such as spirulina energy bars, yogurt, and snacks, further attracting customers.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The spirulina powder market has a diverse and dynamic competitive landscape. Leading companies specializing in diverse fields focus on research & development, sustainable sourcing, and new formulations.
Leading companies emphasize environmentally friendly practices, product certifications, and satisfying the increased demand for natural & sustainable ingredients.
Manufacturers strive to preserve their market position and capitalize on the growing demand by focusing on quality, innovation, and matching customer preferences. Leading manufacturers and companies are focusing on new product launches, research & development, mergers & acquisitions, and government collaborations to remain prominent in the global market.
Product Launches and Key Developments
The market is set to reach USD 461 million in 2024.
Demand for spirulina powder is slated to rise at a 5.9% CAGR through 2034.
The market is set to reach USD 702 million in 2034.
Clos Sainte Aurora, Spirulina Viva, and Yunnan Green A Biological Project Co.
Organic segment is estimated to hold a significant market share in 2024.
1. Executive Summary 2. Market Overview 3. Global Market Outlook 4. Market Dynamics 5. Global Market - Pricing Analysis 6. Value Chain Analysis 7. Global Market Size in Value (US$ million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Nature 8.1. Organic 8.2. Conventional 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel 9.1. Direct Sales 9.2. Retail Sales 9.2.1. Modern Trade 9.2.2. Specialty Stores 9.2.3. Pharma and Drug Stores 9.2.4. Online Retail 9.2.5. Other Retailing Formats 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 By Application 10.1. Food & Beverages 10.2. Cosmetics & Personal Care 10.3. Animal & Aquaculture Feed 10.4. Dietary Supplements and Pharmaceuticals 10.5. Others 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 11.1. North America 11.2. Latin America 11.3. Europe 11.4. East Asia 11.5. South Asia 11.6. Oceania 11.7. Middle East & Africa 12. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 13. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 14. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 16. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 17. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034 18. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034 19. Country-level Market Analysis 20. Market Structure Analysis 21. Competition Analysis 21.1. AAK (UK) Limited 21.2. Clos Sainte Aurore 21.3. Jiangshan Comp Spirulina Co. Ltd 21.4. Spirulina Viva 21.5. Far East Microalgae Industries Co., Ltd 21.6. SPIFORM 21.7. Spirulina La Capitelle 21.8. Fuqing King Dnarmsa Spirulina Co. Ltd. 21.9. DIC Corporation 21.10. Aurospirul 21.11. Cyanotech Corporation 21.12. C.B.N. Bio-engineering Co., Ltd 22. Assumptions and Acronyms Used 23. Research Methodology
Explore Food and Beverage Insights
View Reports
Spirulina Powder Market
