The report gives a clear image of the current Spirulina Market scenario and the expected future of the industry. The report focuses on market drivers, restraints, growth, trends, and the forecast for the period from 2020 to 2025. Besides, the report also represents the market performance by value chain analysis which will help to provide better product differentiation along with the analysis of each segment regarding opportunity, market attractiveness index and growth rate.
Spirulina is a microscopic spiral shaped blue-green vegetable algae which grows in mineral-rich freshwater and saltwater sources. It provides an abundance of protein, vitamins, minerals, trace minerals, essential fatty acids, phytonutrients, and antioxidants.
First, the spirulina industry concentration is high; in the world wide, giant manufacturers mainly distribute in China, India and American. China has a long history and unshakable status in this industry, like DIC, King Dnarmsa, CBN and Green-A, both have perfect products. In China, the manufacturers focus in Yunnan and Shandong province.
According to this study, over the next five years the Spirulina market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Spirulina business, shared in Chapter 3.
Browse the complete Spirulina market Report and TOC @ https://www.decisiondatabases.com/ip/14619-spirulina-market-analysis-report
The key manufacturers covered in this report:
- DIC
- Cyanotech
- Parry Nutraceuticals
- Hydrolina Biotech
- King Dnarmsa
- CBN
- Green-A
- Spirin
- Chenghai Bao ER
- Shenliu
- SBD
- Lanbao
- Tianjian
- Wuli Lvqi
- Gangfa
Segmentation by product type:
- Spirulina Powder
- Spirulina Tablet
- Spirulina Extracts
Segmentation by application:
- Health Products
- Feed
- Others
This report also splits the market by region:
• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• …….
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Research objectives
- To study and analyze the global Spirulina consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Spirulina market by identifying its various subsegments.
- Focuses on the key global Spirulina manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Spirulina with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Spirulina submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Other Reports by DecisionDatabases.com:
2017-2022 Global Top Countries Spirulina Consumption Market Report @ https://www.decisiondatabases.com/ip/19857-spirulina-consumption-market-analysis-report
2017-2022 United States Spirulina Consumption Market Report (Status and Outlook) @ https://www.decisiondatabases.com/ip/19865-united-states-spirulina-consumption-market-analysis-report
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