Dallas, TX -- (SBWIRE) -- 10/10/2018 -- Global Spirulina Market 2018-2025:
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.

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Second, as for consumption market, the global market sales were 11336 MT spirulina in 2015, which was much higher than that of 9128 in 2012.

Third, the sales market mainly focus on the China, USA, India, Japan and Europe etc. region. In 2013, the U.S. Food and Drug Administration approved the use of phycocyanin as a natural colorant in food and beverage products. Since then, demand has risen dramatically, particularly in the Americas and Europe. In 2016, China was the leader consumption region with the sales market share of 45.70%. USA was the second sales market with sales share 22.75% in 2016.

Fourth, the price of spirulina was decreasing from 2012 to 2016, increased since 2017; also the gross margin decreased. It is expect that the price is also decreasing in future. The gross margin is about 12%-17% in 2015, while the global average spirulina price is about 10804 USD/MT in 2017.

Fifth, this industry is affected by the economy and policy, so it's important to put an eye on economic indexes and leaders' prefer. With the global economic recovery, more and more people pay attention to health, especially in developed regions that have a large population and fast economic growth, the need of spirulina will increase.

Sixth, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

In 2017, the global Spirulina market size was 120 million US$ and is forecast to 170 million US in 2025, growing at a CAGR of 4.5% from 2018. The objectives of this study are to define, segment, and project the size of the Spirulina market based on company, product type, application and key regions.
This report studies the global market size of Spirulina in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Spirulina in these regions.

This research report categorizes the global Spirulina market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

The various contributors involved in the value chain of Spirulina Market include manufacturers, suppliers, distributors, intermediaries, and customers.

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The key manufacturers in the Spirulina Market include
- DIC
- Cyanotech
- Parry Nutraceuticals
- Hydrolina Biotech
- King Dnarmsa
- CBN
- Green-A
- Spirin
- Chenghai Bao ER
- Shenliu
- SBD
- Lanbao
- Tianjian
- Wuli Lvqi
- Gangfa

Market Size Split by Type
- Spirulina Powder
- Spirulina Tablet
- Spirulina Extracts

Market Size Split by Application
- Health Products
- Feed
- Others

Market size split by Region:
North America: United States, Canada, Mexico
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, Vietnam
Europe: Germany, France, UK, Italy, Spain, Russia
Central & South America: Brazil, Rest of Central & South America
Middle East & Africa: GCC Countries, Turkey, Egypt, South Africa

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Some Points from Table of Content:
Chapter One: Study Coverage
1.1 Spirulina Product
1.2 Key Market Segments
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Spirulina Market Size Growth Rate by Type
1.4.2 Spirulina Powder
1.4.3 Spirulina Tablet
1.4.4 Spirulina Extracts
1.5 Market by Application
1.5.1 Global Spirulina Market Size Growth Rate by Application
1.5.2 Health Products
1.5.3 Feed
1.5.4 Others
1.6 Study Objectives
1.7 Years Considered

Chapter Two: Executive Summary
2.1 Global Spirulina Market Size
2.1.1 Global Spirulina Revenue 2016-2025
2.1.2 Global Spirulina Sales 2016-2025
2.2 Spirulina Growth Rate by Regions
2.2.1 Global Spirulina Sales by Regions
2.2.2 Global Spirulina Revenue by Regions

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