Spirulina Industry 2019 Global Market Research report presents an in-depth analysis of the Spirulina market size, growth, share, segments, manufacturers, and technologies, key trends, market drivers, challenges, standardization, deployment models, opportunities, future roadmap and 2025 forecast.
Pune, India -- (SBWIRE) -- 02/20/2019 -- 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.
The global Spirulina market is valued at 120 million US$ in 2018 and will reach 170 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Spirulina market based on company, product type, end user 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 top players/brands, region, type and end user. This report also studies the global Spirulina market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
Global Spirulina Industry 2019 Market Research Report is spread across 126 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
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Global Spirulina market competition by top manufacturers, with production, price, and revenue (value) and market share for each manufacturer; the top players including
- Parry Nutraceuticals
- Hydrolina Biotech
- King Dnarmsa
- Chenghai Bao ER
The report also focuses on global major leading industry players of Global Spirulina market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Global Spirulina market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.
With tables and figures helping analyze worldwide Global Spirulina market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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Market size by Product
- Spirulina Powder
- Spirulina Tablet
- Spirulina Extracts
Market size by End User
- Health Products
Major Points from Table of Contents:
1 Global Spirulina Market Overview
2 Global Spirulina Market Competition by Manufacturers
3 Global Spirulina Production, Revenue (Value) by Region (2014-2019)
4 Global Spirulina Supply (Production), Consumption, Export, Import by Regions (2014-2019)
5 Global Spirulina Production, Revenue (Value), Price Trend by Type
6 Global Spirulina Market Analysis by Application
7 Global Spirulina Manufacturers Profiles/Analysis
8 Global Spirulina Market Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Spirulina Market Forecast (2019-2025)
13 Research Findings and Conclusion
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