Global Spirulina Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Arthrospira Platensis and Arthrospira Maxima.

By Application;

Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.

By Drug Formulation;

Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn118219481 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Spirulina Market (USD Million), 2021 - 2031

In the year 2024, the Global Spirulina Market was valued at USD 343.35 million. The size of this market is expected to increase to USD 1,050.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 17.3%.

The global spirulina market has witnessed substantial growth in recent years, driven by increasing consumer awareness about the health benefits of this nutrient-rich superfood. Spirulina, a type of blue-green algae, is renowned for its high protein content, essential vitamins, and minerals, making it a popular dietary supplement across the globe. With rising concerns over nutritional deficiencies and lifestyle-related health issues, there has been a growing demand for natural and sustainable sources of nutrients, further propelling the spirulina market's expansion.

One of the key factors fueling the growth of the global spirulina market is the expanding application scope of spirulina across various industries. Besides being consumed as a dietary supplement in the form of tablets, capsules, and powders, spirulina is increasingly being incorporated into functional foods and beverages, cosmetics, and animal feed. Its versatility and nutritional profile make it an attractive ingredient for manufacturers looking to develop healthier and innovative products to cater to evolving consumer preferences.

The spirulina market is benefiting from the increasing adoption of organic and non-GMO (genetically modified organism) spirulina products, driven by growing consumer consciousness regarding food safety and sustainability. Consumers are increasingly seeking products that are free from synthetic additives and chemicals, leading to a surge in demand for organic spirulina sourced from sustainable cultivation practices. This trend is expected to continue driving the growth of the global spirulina market as manufacturers focus on offering premium-quality, ethically sourced spirulina products to meet the evolving demands of health-conscious consumers worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Drug Formulation
    4. Market Snapshot, By Region
  4. Global Spirulina Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Nutritional Awareness
        2. Health and Wellness Trends
        3. Plant-Based Protein
        4. Functional Foods
      2. Restraints
        1. Supply Chain Disruptions
        2. Environmental Factors
        3. Regulatory Constraints and Compliance
        4. Competition from Alternative Protein Sources
      3. Opportunities
        1. Increasing Consumer Demand for Natural and Organic Products
        2. Expansion of Distribution Channels
        3. Innovation in Product Development
        4. Strategic Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Spirulina Market, By Type, 2021 - 2031 (USD Million)
      1. Arthrospira Platensis
      2. Arthrospira Maxima
    2. Global Spirulina Market, By Application, 2021 - 2031 (USD Million)
      1. Nutraceuticals
      2. Food & Beverages
      3. Cosmetics
      4. Animal Feed
      5. Others
    3. Global Spirulina Market, By Drug Formulation, 2021 - 2031 (USD Million)
      1. Powder
      2. Tablet & Capsule
      3. Liquid
      4. Granule & Gelling Agent
    4. Global Spirulina Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Algenol Biofuels Inc
      2. Cabassi & Giuriati Spa
      3. Chr. Hansen Holding A/S
      4. Cyane
      5. Cyanotech Corporation
      6. Ddw Inc.
      7. Dic Corporation
      8. Döhler Gmbh
      9. Dongtai City Spirulina Bio-Engineering Co, Ltd
      10. Echlorial
      11. E.I.D. Parry Limited
      12. Givaudan International Sa
      13. Prolgae Spirulina Supplies Pvt. Ltd
      14. Pond Technologies Inc.
      15. Sensient Technologies Corporation
  7. Analyst Views
  8. Future Outlook of the Market