New Study On Global Spirulina Extract Market, Growth, Analysis and Forecast 2017

Posted by akshayparmar on November 10th, 2017

Spirulina Extract Market, By Application - Growth, Future Prospects and Competitive Analysis, 2017 – 2025, the global spirulina extract was valued at US$ 140.5 Mn in 2017, and is expected to reach US$ 289.0 Mn by 2025, expanding at a CAGR of 9.6% from 2017 to 2025.

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Market Insights

Considering the various natural food colors available, spirulina extract is anticipated to witness robust growth during the forecast period. In addition, regulatory approvals from the U.S. FDA for usage of spirulina extract has boosted the demand for spirulina extract among food and beverage manufacturers majorly in North America. Few brands such as Kraft Heinz, Kellogg, Nestle and General Mills pledged to seek approval for spirulina extract for obtaining blue color is the key factor fuelling the spirulina extracts market growth.

Companies engaged in manufacturing of spirulina extract are keen on developing customized formulations suiting the need of end use consumers coupled with extensive research and development to offer efficient formulations particularly to the beverage manufacturers. Some of the prominent players identified in the spirulina extract market include DDW The Color House, Chr. Hansen A/S, DIC Corporation, Naturex S.A., Cargill, Inc., Sensient Technologies Corporation, GNT Group, Roha Dyechem Pvt. Ltd., Naturalin Bio-Resources Co., Ltd., Hydrolina Biotech Private Limited and Algene Biotech.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Spirulina Extract Market Snapshot
2.1.1. Global Spirulina Extract Market by Form,2015
2.1.2. Global Spirulina Extract Market by Application,2015
2.1.3. Global Spirulina Extract Market by Geography,2015

3. Global Spirulina Extract Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Future Prospects

4. Global Spirulina Extract Market Size (US$), By Form, 2015 – 2025 
4.1. Overview
4.1.1. Market Share Analysis, by Form, 2015 vs. 2024
4.2. Powder
4.3. Liquid

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