New York, NY 12 Jan 2021: The global Organic Cereals Market is anticipated to grow at a CAGR of 9.2% during 2019-2026 according to a new research published by Polaris Market Research. In 2018, the breakfast cereal segment accounted for the highest Organic Cereals market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Organic Cereals market revenue in 2018.
The obese and geriatric population is increasing worldwide, promoting the growth of the Organic Cereals market. The sedentary lifestyle is encouraging consumers to adopt organic cereals to stay healthy, and gain necessary nutrients. Increasing disposable incomes in developing countries, rising awareness about health benefits of organic cereals, and growing presence of fitness centres further foster the Organic Cereals market growth. Leading global players are expanding their presence in developing nations of China, japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.
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Health problems such as diabetes, cardiovascular diseases, cancer and others have increased significantly in the developed economies in past few years. Increasing incidences of health disorders have resulted in increased awareness regarding healthy eating habits. Health and fitness consciousness has also increased among consumers in countries such as China and India due to improving lifestyle and changing food habits. Consumers are more aware regarding their nutritional intake, and benefits of organic products, thereby accelerating the Organic Cereals market growth. Leading players in the market are also taking initiatives to increase awareness among consumers through health subscription and other marketing campaigns.
Asia-Pacific generated the highest Organic Cereals market share in terms of revenue in 2018, and is expected to lead the global Organic Cereals market throughout the forecast period. The growing population, rising disposable incomes, and increasing health awareness has increased the adoption of Organic Cereals market growth in the region. The increasing awareness regarding wholesome living coupled with sedentary lifestyle of consumers drives the Organic Cereals market growth. The growing middle-aged and elderly population accounts for more than half of organic food in China.
The well-known companies profiled in the Organic Cereals market report include Kellogg Co., Cereal Partners Worldwide, General Mills, Organic India Pvt. Ltd., Hain Celestial Group Inc., The Kroger Co, PepsiCo Inc., Post Holdings Inc., Medifast, Inc., and EcoFarms (India) Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
