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"Recent study report released by Data Bridge Market research titled Global Spirulina Powder Market (covering USA, Europe, China, Japan, India, South East Asia and etc) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support.
Spirulina Powder Market report endows with an exhaustive overview of product specification, technology, product type and production analysis considering major factors such as revenue, costing, and gross margin. The study encompasses market drivers and restraints by using SWOT analysis, along with their impact on the demand over the forecast period. Under market overview section, market drivers, market restraints, opportunities and challenges are also evaluated in this business report which gives helpful insights to businesses for taking right moves. Spirulina Powder Marketing report provides clients with the information on their business scenario which helps to stay ahead of competition in today's speedily revolutionizing business environment.
Data Bridge Market Research analyses that the spirulina powder market which was growing at a value of USD1024.91 million in 2021 and is expected to reach the value of USD 1883.03 million by 2029, at a CAGR of 7.90% during the forecast period of 2022-2029.
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https://www.databridgemarketresearch.com/reports/global-spirulina-powder-market
Market Definition
Spirulina is a dietary supplement derived from blue-green algae biomass or cyanobacteria. Cyanobacteria can be found in ponds, lakes, and rivers. There are two types: arthrospores platensis and arthrospores maxima. Protein, vitamins, amino acids, and minerals are abundant in algae. They are available in powder, flake and tablet form and can be consumed by both humans and animals.
Spirulina Powder Market Dynamics
Drivers
Growing awareness about the benefits spirulina
Due to the increasing prevalence of chronic diseases, the growing global population, and individuals' changing lifestyles, there is a significant increase in the consumption of healthy food products and dietary supplements all over the world. This is one of the most important factors boosting market growth. Aside from that, spirulina are widely used in the removal and transformation of pollutants such as nutrients, heavy metals, and xenobiotic from wastewater.
Increase demand of algae based products in cosmetic and pharmaceutical industries
These products help to increase the elasticity and suppleness of the skin as well as stimulate the renewal of damaged skin cells. Aside from that, because they help with detoxification, cleansing, and toning the skin, they are widely used in the beauty and personal care industries all over the world.
Furthermore, because green spirulina are abundant, resilient, and cost-effective, they are widely used in biologic drugs all over the world. They are used in the production of pharmaceuticals, vitamins, vaccines, nutraceuticals, and other nutrients for the treatment of diabetes, multiple sclerosis, and cancer. This, along with the increasing adoption of spirulina to produce livestock for aquaculture varieties, such as fish for cultivation, is driving market growth.
Opportunities
Furthermore, the increase in government and private initiatives supporting aquaculture research and development, as well as consumer demand for natural ingredients, will increase opportunities for the growth of the spirulina powder market.
Key points covered in the report: -
The pivotal aspect considered in the global Spirulina Powder Market report consists of the major competitors functioning in the global market.
The report includes profiles of companies with prominent positions in the global market.
The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
The driving factors for the growth of the global Spirulina Powder Market are thoroughly explained along with in-depth descriptions of the industry end users.
The report also elucidates important application segments of the global market to readers/users.
This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
The experts also evaluate the export/import policies that might propel the growth of the Global Spirulina Powder Market.
The Global Spirulina Powder Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Spirulina Powder Market Landscape
Part 04: Global Spirulina Powder Market Sizing
Part 05: Global Spirulina Powder Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Reasons to Buy:
Review the scope of the Spirulina Powder Market with recent trends and SWOT analysis.
Outline of market dynamics coupled with market growth effects in coming years.
Spirulina Powder Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
Regional and country level analysis combining Spirulina Powder Market and supply forces that are affecting the growth of the market.
Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
and strategies adopted by the players in the last five years.
Some of the major players operating in the spirulina powder market are:
BASF SE (Germany)
Lonza (Switzerland)
SePRO Corporation (U.S.)
BioSafe Systems, LLC (U.S.)
N. Jonas & Company, Inc. (U.S.)
UPL (India)
Phoenix Products Co. (U.S.)
Weifang Maochen Chemical Co., Ltd. (China)
Airmax (U.S.)
Oreq (U.S.)
By Form (Powder, Tablets/ Capsules, Liquid and Granules), End User (Food and Beverages, Nutraceuticals, Cosmetics & Personal Care, Feed and Pharmaceutical), Distribution channel (The Super Stores, Department Stores, Grocery and Online Retailers)
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