Market Overview:
The Global Spirulina Maxima Extract Market is expected to grow at a CAGR of XX% and reach a market value of USD XX million by 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into powder and liquid. Powder dominates the global spirulina maxima extract market with a share of more than 60%. Liquid is projected to grow at a higher CAGR during the forecast period owing to its increasing demand from food & beverage industry. On the basis of application, food & beverage industry dominates with maximum share in terms of revenue followed by nutraceuticals and animal feed segments respectively. However, nutraceuticals are projected to witness highest growth rate during 2018-2030 owing to rising awareness about benefits associated with spirulina maxima extract among consumers across globe.
Product Definition:
Spirulina Maxima Extract is a natural substance derived from the blue-green algae Spirulina. It is rich in antioxidants, minerals, and vitamins, and has been shown to have anti-inflammatory and immune-boosting properties. Spirulina Maxima Extract can be used topically or internally to help improve skin health, reduce inflammation, and boost the immune system.
Powder:
Powder is a dry, free-flowing solid material that contains microorganisms. It can be produced by the drying of liquid culture media or as a separate process. The most commonly used powder in the food industry is nutritional yeast, which has been grown on a medium containing sugar and starch. However, it can also refer to dried microbial cells such as fungal mycelium or bacterial spores such as Bacillus pumilus or Bacillus megaterium.
Liquid:
Liquid is a water-soluble dietary supplement that enhances the nutritional value of food and beverages. It increases the solubility of minerals such as calcium, magnesium, sodium, and zinc in water or other liquids. The product also helps to increase the shelf life stability without affecting its taste or quality.
The global liquid market is expected to witness significant growth over the forecast period owing to increasing demand from various application industries including dairy products, beverages & snacks, pet foods among others.
Application Insights:
Nutraceuticals was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Spirulina has a high nutritional value and is considered as one of the best natural remedies for several diseases. It is rich source of protein, vitamins, minerals, omega 3 fatty acids and antioxidants which helps in reducing inflammation. The global spirulina maxima extract market by nutraceuticals was valued at USD 57.0 million in 2017 owing to its high health benefits compared with other supplements on global markets.
The food & beverage sector accounted for a major share in terms of demand due to rising awareness regarding healthy eating habits among consumers globally especially after the COVID-19 pandemic caused widespread concern about diet modification practices among people around the world including India where spirulina consumption goes up during such occasions triggering higher demand from this industry segment globally speaking particularly from Europe.
Regional Analysis:
North America held the largest market share of over 30% in 2017. Growing health awareness and increasing consumer preference for natural products are expected to drive the regional demand for spirulina maxima extract. The region is home to several leading animal feed manufacturing companies, which, in turn, has led to high product penetration in North American markets.
Europe accounted for a significant market share owing to growing consumer awareness regarding healthy dietary supplements and food products along with rising expenditure on personal care products by women population in countries including Germany, U.K., France and Italy among others. These factors are anticipated to fuel the demand for spirulina maxima extracts over the forecast period from 2018 to 2030 in Europe as well as other regions across the globe.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of Spirulina Maxima Extract
- Growing popularity of supplements and functional foods
- Proliferation of online retailing channels
- Expansion of distribution networks
Scope Of The Report
Report Attributes
Report Details
Report Title
Spirulina Maxima Extract Market Research Report
By Type
Powder, Liquid
By Application
Food and Beverage, Nutraceuticals, Animal Feed, Cosmetics and Personal Care, Others
By Companies
ieS LABO, Dermalab, Carrubba, ChrHansen, Sensient Technologies, Parry Nutraceuticals, Cyanotech, DIC, DDW, Dongtai City Spirulina Bio-Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Spirulina Maxima Extract Market Report Segments:
The global Spirulina Maxima Extract market is segmented on the basis of:
Types
Powder, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Nutraceuticals, Animal Feed, Cosmetics and Personal Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ieS LABO
- Dermalab
- Carrubba
- ChrHansen
- Sensient Technologies
- Parry Nutraceuticals
- Cyanotech
- DIC
- DDW
- Dongtai City Spirulina Bio-Engineering
Highlights of The Spirulina Maxima Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Liquid
- By Application:
- Food and Beverage
- Nutraceuticals
- Animal Feed
- Cosmetics and Personal Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spirulina Maxima Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spirulina Maxima Extract is a natural extract from blue-green algae. It is a high quality, concentrated source of Spirulina that has been standardized for potency and purity.
Some of the key players operating in the spirulina maxima extract market are ieS LABO, Dermalab, Carrubba, ChrHansen, Sensient Technologies, Parry Nutraceuticals, Cyanotech, DIC, DDW, Dongtai City Spirulina Bio-Engineering.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spirulina Maxima Extract Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Spirulina Maxima Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spirulina Maxima Extract Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Spirulina Maxima Extract Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Spirulina Maxima Extract Market Size & Forecast, 2020-2028
4.5.1 Spirulina Maxima Extract Market Size and Y-o-Y Growth
4.5.2 Spirulina Maxima Extract Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Nutraceuticals
6.2.3 Animal Feed
6.2.4 Cosmetics and Personal Care
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spirulina Maxima Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Spirulina Maxima Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder
9.6.2 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Nutraceuticals
9.10.3 Animal Feed
9.10.4 Cosmetics and Personal Care
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder
10.6.2 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Nutraceuticals
10.10.3 Animal Feed
10.10.4 Cosmetics and Personal Care
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder
11.6.2 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Nutraceuticals
11.10.3 Animal Feed
11.10.4 Cosmetics and Personal Care
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder
12.6.2 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Nutraceuticals
12.10.3 Animal Feed
12.10.4 Cosmetics and Personal Care
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Nutraceuticals
13.10.3 Animal Feed
13.10.4 Cosmetics and Personal Care
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Spirulina Maxima Extract Market: Competitive Dashboard
14.2 Global Spirulina Maxima Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ieS LABO
14.3.2 Dermalab
14.3.3 Carrubba
14.3.4 ChrHansen
14.3.5 Sensient Technologies
14.3.6 Parry Nutraceuticals
14.3.7 Cyanotech
14.3.8 DIC
14.3.9 DDW
14.3.10 Dongtai City Spirulina Bio-Engineering
