GITNUX MARKETDATA REPORT 2024
Spirulina Industry Statistics
Spirulina industry statistics show a rapidly growing market driven by increasing consumer awareness of its health benefits and nutritional value.
In this post, we explore the latest statistics and trends in the spirulina industry, a booming sector with significant market value and growth projections. From the global market size to regional dominance, and the diverse applications of spirulina in various industries, we delve into the key data that shapes the present and future landscape of this nutrient-rich superfood.
Statistic 1
"The global spirulina market was worth $346 million in 2018."
Statistic 2
"The global spirulina market size was estimated at USD 346.6 million in 2019."
Statistic 3
"North America dominated the spirulina market, constituting over 30% of the total revenue in 2019."
Statistic 4
"The spirulina industry is projected to reach $530 million by 2025."
Statistic 5
"The spirulina powder segment was the largest in 2019, accounting for more than half of the market share."
Statistic 6
"The Asia Pacific is anticipated to witness the fastest growth rate of 8.2% from 2019 to 2025."
Statistic 7
"China is the largest producer of spirulina globally."
Statistic 8
"Spirulina markets in Europe are projected to grow at a CAGR of 6.3% between 2020 and 2027."
Statistic 9
"The pharmaceutical application segment held the largest share of over 25.0% in 2019."
Statistic 10
"By 2025, the cosmetics industry's share of the spirulina market is predicted to reach a $9.7 million value."
Statistic 11
"The growth rate for spirulina in the food & beverage industry is projected to be 5.9% from 2020-2027."
Statistic 12
"The organic segment of the spirulina market is projected to register a CAGR of 12.0% during the forecast period 2020-2025."
Statistic 13
"Growth of spirulina in the nutraceutical industry is expected to increase by 6.5% CAGR from 2020 to 2027."
Statistic 14
"India is anticipated to see a growth rate of 9.3% in the spirulina market from 2019 to 2025."
Statistic 15
"The spirulina tablets products segment will grow at a CAGR of 6.5% from 2019 to 2027."
Statistic 16
"From 2020 to 2027, Latin America's spirulina market is anticipated to expand at a CAGR of 7.2%."
Statistic 17
"The spirulina market in Africa is estimated to grow at a CAGR of 4.3% from 2020-2027."
Statistic 18
"The introduction of new flavors and product forms like gummies and snacks is expected to drive the spirulina market's growth."
Statistic 19
"Spirulina contains about 60-70% protein, making it a popular protein supplement."
Statistic 20
"In 2019, the United States accounted for the largest market share in the North America spirulina market."
Jannik Lindner
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