Growing Adoption of Spirulina in the Food & Beverage Sector Drives Spirulina Industry at a Steady CAGR of Around 8.89% During 2025-30

As per the analytical report published by Markntel Advisors (one of the leading consulting, data analytics, and market research firms) i.e., Global Spirulina Market Research Report: Forecast (2025-30), the market is expected to grow significantly in the coming years. Global Spirulina Market size is valued at around USD 848.12 Million in 2024 & is projected to reach USD 1,298 Million by 2030. The market is also estimated to grow at a CAGR of around 8.89% during the forecast period, i.e., 2025-30.  The estimated growth of the industry is attributed to the rising application of spirulina in the food and beverages sector. Spirulina comprises high nutritional value and addresses and curbs health conditions like malnutrition among people, therefore several companies are adopting it as a supplement, further leading to driving the industry growth.

Which Top Companies Are Shaping the Growth of the Spirulina Market?

Key players in the Spirulina market include Algenol Biofuels Inc., Chr. Hansen Holding A/S., Cyanotech Corporation, Dongtai City Spirulina Bio-engineering Co., Fuqing King Dnarmsa Spirulina Co., Ltd., Fraken Biochem Co., Ltd., Naturex S.A., Now Foods, Parry Nutraceuticals Ltd., Prolgae Spirulina Supplies Pvt. Ltd., and Sensient Technologies Corporation

What Are the Challenges Impending the Growth of Spirulina Industry?

Limited awareness of the benefits of spirulina among the large population, is estimated to restrict the demand for the spirulina industry. Also, a lack of knowledge about composition, cultivation methods, & potential applications, discourages the adoption of spirulina among consumers. This is the reason, that spirulina cannot compete with other health & wealth-associated products, which can ultimately affect the demand for the spirulina industry.

What Are the Segments in The Global Spirulina Market?

• By Formulation: Powder, Tablet, and Liquid
• By Application: Food & Beverages (Bakery, Confectionery, Other Processed Foods), Dietary Supplements, Cosmetics & Personal Care, and Agriculture
• By Type: Arthrospira platensis, and Arthrospira Maxima
• By Region: North America, South America, Europe, The Middle East and Africa, and Asia-Pacific

Asia-Pacific: Set to Gain Traction in the Spirulina Market

Asia-Pacific is witnessing considerable market growth owing to the abundant production of spirulina in countries like Korea, Indonesia, and China. The wide integration of spirulina in nutraceuticals for producing protein-rich dietary supplements facilitates exponential market expansion. Mounting demand from the cosmeceutical industries is also driving the spirulina market growth.

How is the Spirulina Market Defined?

Spirulina is a blue-green algae and is considered a super-food today, principally due to its nutrient-rich profile & extensive application across different sectors. Spirulina exhibits beta carotene, protein, fatty acids, copper, vitamins, & iron and is mainly of two types, viz., Arthrospira Platensis & Arthrospira Maxima.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the region?
4. How has the industry been evolving in terms of geography & Spirulina adoption?
5. How has the competition been shaping up across the regions?
6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?