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Global Spirulina Powder Market 2018-2022

Global Spirulina Powder Market 2018-2022

About Spirulina Powder

Spirulina is a biomass of blue-green algae. The processed form of this biomass is generally consumed as a dietary supplement or whole food. It is rich in nutrients and offers numerous health benefits.

Technavio’s analysts forecast the global spirulina powder market to grow at a CAGR of 12.03 % during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global spirulina powder market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of spirulina powder.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Spirulina Powder Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cyanotech Corporation (CC)
  • DIC Corporation
  • E.I.D. – Parry
  • Naturya
  • NOW Foods
Market driver
  • Increasing influence of organized retailing
  • For a full, detailed list, view our report
Market challenge
  • Challenges in distribution of spirulina powder
  • For a full, detailed list, view our report
Market trend
  • Increasing popularity of online retailing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Spirulina Powder Market 2018-2022

Technavio recognizes the following companies as the key players in the global spirulina powder market: Cyanotech Corporation (CC), DIC Corporation, E.I.D. – Parry, Naturya, NOW Foods

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing popularity of online retailing. The increasing popularity of e-commerce has led to an increase in profit margins and revenues. Ecommerce accounted for nearly 12% of the global retail trade in 2016. Online and e-commerce channels support both business-to-consumer (B2C) and business-to-business (B2B) operations. The average amount of money spent per online transaction and the number of online transactions taking place are increasing every day. The rise in the number of Internet users and willingness of customers to shop online contribute significantly to the success of online retailing.”

According to the report, one of the major drivers for this market is Increasing influence of organized retailing. The increasing number of supermarkets, hypermarkets, and specialty stores in the world has significantly improved organized retailing. Algae-based dietary supplements and spirulina-based F&B products are primarily sold by large organized retailers. Vendors are highly dependent on large organized retailers.

Further, the report states that one of the major factors hindering the growth of this market is Challenges in distribution of spirulina powder. Retail stores such as supermarkets and large chains of discount or convenience stores are the key distribution channels for the manufacturers and vendors of spirulina powder.

Companies Mentioned

Cyanotech Corporation (CC), DIC Corporation, E.I.D. – Parry, Naturya, NOW Foods

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global dietary supplements market
      • Table Global probiotic dietary supplements market
      • Table Global dietary supplements market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global spirulina powder market - Market size and forecast 2017-2022 ($ millions)
      • Table Global spirulina powder market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (% share of revenue)
    • Comparison by application
      • Table Comparison by application
    • Global spirulina powder-based food and beverage - Market size and forecast 2017-2022
      • Table Global spirulina powder-based food and beverage - Market size and forecast 2017-2022 ($ millions)
      • Table Global spirulina powder-based food and beverage - Year-over-year growth 2018-2022 (%)
    • Global spirulina powder-based pharmaceutical, nutraceutical and animal feed - Market size and forecast 2017-2022
      • Table Global spirulina powder-based pharmaceutical, nutraceutical and animal feed - Market size and forecast 2017-2022 ($ millions)
      • Table Global spirulina powder-based pharmaceutical, nutraceutical, and animal feed - Yearover-year growth 2018-2022 (%)
    • Global spirulina powder-based cosmetics and personal care - Market size and forecast 2017-2022
      • Table Global spirulina powder-based cosmetics and personal care - Market size and forecast 2017-2022 ($ millions)
      • Table Global spirulina powder-based cosmetics & personal care - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global spirulina powder market by geography 2017-2022 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
      • Table Global spirulina powder market by geography- Revenue and CAGR comparison
    • Spirulina powder market in Americas - Market size and forecast 2017-2022
      • Table Spirulina powder market in Americas - Market size and forecast 2017-2022 ($ millions)
      • Table Spirulina powder market in Americas - Year-over-year growth 2018-2022 (%)
    • Spirulina powder market in APAC - Market size and forecast 2017-2022
      • Table Spirulina powder market in APAC - Market size and forecast 2017-2022 ($ millions)
      • Table Spirulina powder market in APAC - Year-over-year growth 2018-2022 (%)
    • Spirulina powder market in EMEA - Market size and forecast 2017-2022
      • Table Spirulina powder market in EMEA - Market size and forecast 2017-2022 ($ millions)
      • Table Spirulina powder market in EMEA - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Spirulina powder market in US
      • Table Spirulina powder market in US - market size and forecast ($ millions)
    • Spirulina powder market in China
      • Table Spirulina powder market in China - market size and forecast ($ millions)
    • Spirulina powder market in Germany
      • Table Spirulina powder market in Germany - market size and forecast ($ millions)
    • Spirulina powder market in Japan
      • Table Spirulina powder market in Japan - market size and forecast ($ millions)
    • Spirulina powder market in UK
      • Table Spirulina powder market in UK - market size and forecast ($ millions)
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table An overview of the nutrition content present in 3.53 ounce (100 gm) of spirulina
    • Market challenges
  • Market trends
    • Increasing popularity of online retailing
    • Rise in popularity of vegan diet
    • Increasing millennial population worldwide
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Cyanotech Corporation (CC)
      • Table Cyanotech Corporation: Overview
      • Table Cyanotech Corporation - Business segments
      • Table Cyanotech Corporation - Organizational developments
      • Table Cyanotech Corporation- Geographic focus
      • Table Cyanotech Corporation: Segment focus
      • Table Cyanotech Corporation- Key offerings
    • DIC Corporation
      • Table DIC Corporation overview
      • Table DIC Corporation - Business segments
      • Table DIC Corporation - Organizational developments
      • Table DIC Corporation - Geographic focus
      • Table DIC Corporation - Segment focus
      • Table DIC Corporation - Key offerings
    • E.I.D. - Parry
      • Table E.I.D. - Parry overview
      • Table E.I.D. - Parry - Business segments
      • Table E.I.D. - Parry - Organizational developments
      • Table E.I.D. - Parry - Geographic focus
      • Table E.I.D. - Parry - Segment focus
      • Table E.I.D. - Parry - Key offerings
    • Naturya
      • Table Naturya overview
      • Table Naturya - Business segments
      • Table Naturya - Organizational developments
      • Table Naturya - Geographic focus
      • Table Naturya - Segment focus
      • Table Naturya - Key offerings
    • NOW Foods
      • Table NOW Foods: Overview
      • Table NOW Foods - Business segments
      • Table NOW Foods - Organizational developments
      • Table NOW Foods - Geographic focus
      • Table NOW Foods - Segment focus
      • Table NOW Foods - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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