×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Spirulina Market

ID: MRFR/FnB/0813-CR
128 Pages
Snehal Singh
February 2021

Spirulina Market Research Report Information By Type (Arthrospira platensis, Arthrospira maxima), By Application (Food & Beverage, Dietary Supplements, Cosmetics, and Personal Care), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Spirulina Market Infographic
Purchase Options

Spirulina Market Summary

As per MRFR analysis, the Spirulina Market Size was estimated at 0.612 USD Billion in 2024. The Spirulina industry is projected to grow from 0.6688 in 2025 to 1.624 by 2035, exhibiting a compound annual growth rate (CAGR) of 9.28 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Spirulina Market is experiencing robust growth driven by health trends and sustainability.

  • North America remains the largest market for Spirulina Market, reflecting a strong consumer preference for health-oriented products.
  • The Asia-Pacific region is emerging as the fastest-growing market, fueled by increasing health consciousness and dietary shifts.
  • Arthrospira platensis dominates the market, while Arthrospira maxima is gaining traction due to its rapid growth potential.
  • Rising demand for nutritional supplements and increased interest in plant-based diets are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 0.612 (USD Billion)
2035 Market Size 1.624 (USD Billion)
CAGR (2025 - 2035) 9.28%

Major Players

DIC Corporation (JP), Cyanotech Corporation (US), Algatech Ltd. (IL), Earthrise Nutritionals LLC (US), Nutrex Hawaii Inc. (US), Spirulina Pacifica (US), Parry Nutraceuticals (IN), Greens Organic (AU), Hawaiian Spirulina (US)

Spirulina Market Trends

The Spirulina Market is currently experiencing a notable transformation, driven by increasing consumer awareness regarding health and wellness. Spirulina Market, a blue-green algae, is recognized for its rich nutritional profile, which includes proteins, vitamins, and antioxidants. This growing recognition has led to a surge in demand for Spirulina Market-based products, particularly in dietary supplements and functional foods. As consumers become more health-conscious, they are actively seeking natural and organic sources of nutrition, which positions Spirulina Market favorably in the marketplace. Furthermore, the rise of plant-based diets has contributed to the popularity of Spirulina Market, as it aligns with the preferences of individuals looking for sustainable and environmentally friendly food options. In addition to health trends, the Spirulina Market is also influenced by advancements in cultivation and processing technologies. Innovations in farming techniques, such as controlled environment systems, have enhanced the efficiency and yield of Spirulina Market production. This not only ensures a consistent supply but also improves the quality of the final product. Moreover, the expansion of distribution channels, including online platforms, has made Spirulina Market products more accessible to a broader audience. As the market continues to evolve, it appears poised for further growth, driven by both consumer demand and technological advancements that enhance production capabilities.

Rising Health Consciousness

The increasing focus on health and wellness among consumers is propelling the demand for Spirulina Market products. As individuals seek natural sources of nutrition, Spirulina Market's rich nutrient profile positions it as a desirable option in the health food sector.

Sustainability and Plant-Based Diets

The shift towards sustainable and plant-based diets is influencing the Spirulina Market. Spirulina Market, being a highly efficient protein source, appeals to environmentally conscious consumers looking for alternatives to animal-based products.

Technological Advancements in Production

Innovations in cultivation and processing technologies are enhancing Spirulina Market production. Improved farming techniques and processing methods are likely to increase yield and quality, thereby supporting market growth.

Spirulina Market Drivers

Increased Interest in Plant-Based Diets

The Spirulina Market is benefiting from the rising interest in plant-based diets, which are perceived as healthier and more sustainable alternatives to traditional animal-based diets. As more consumers adopt vegetarian and vegan lifestyles, the demand for plant-derived protein sources has surged. Spirulina Market, being a complete protein with all essential amino acids, aligns perfectly with this dietary shift. Market Research Future suggests that the plant-based food market is expected to grow significantly, with projections indicating a value of USD 74 billion by 2027. This trend is not only driven by health considerations but also by environmental concerns, as plant-based diets are associated with lower carbon footprints. Consequently, Spirulina Market's role as a sustainable protein source positions it favorably within the Spirulina Market, appealing to environmentally conscious consumers.

Rising Demand for Nutritional Supplements

The Spirulina Market is experiencing a notable increase in demand for nutritional supplements, driven by a growing awareness of health and wellness among consumers. As individuals seek natural sources of vitamins, minerals, and antioxidants, Spirulina Market emerges as a potent option. Recent data indicates that The Spirulina Market is projected to reach USD 230 billion by 2027, with Spirulina Market being a key contributor to this growth. This trend is particularly evident among fitness enthusiasts and health-conscious individuals who prioritize nutrient-dense foods. The versatility of Spirulina Market, available in powder, tablet, and capsule forms, further enhances its appeal. As consumers increasingly turn to supplements to support their immune systems and overall health, the Spirulina Market is poised for continued expansion.

Growing Awareness of Environmental Sustainability

The Spirulina Market is increasingly influenced by the growing awareness of environmental sustainability among consumers. As individuals become more conscious of their ecological impact, they are seeking products that align with sustainable practices. Spirulina Market cultivation is known for its low environmental footprint, requiring minimal water and land compared to traditional crops. This aspect resonates with consumers who prioritize eco-friendly products. Furthermore, the global market for sustainable food is projected to reach USD 1 trillion by 2027, indicating a shift towards environmentally responsible consumption. Spirulina Market's ability to thrive in harsh conditions and its potential for carbon sequestration further enhance its appeal. As sustainability becomes a key purchasing criterion, the Spirulina Market is likely to see increased demand from consumers who value environmentally friendly options.

Technological Innovations in Spirulina Production

The Spirulina Market is witnessing advancements in production technologies that enhance the efficiency and scalability of Spirulina Market cultivation. Innovations such as controlled environment agriculture and bioreactor systems are enabling producers to optimize growth conditions, resulting in higher yields and improved product quality. These technological developments are crucial as the demand for Spirulina Market continues to rise. Market analysis indicates that The Spirulina Market, which includes Spirulina Market, is expected to grow at a CAGR of 8.5% through 2027. This growth is driven by the increasing application of Spirulina Market in food, cosmetics, and pharmaceuticals. As production methods become more sophisticated, the Spirulina Market is likely to benefit from reduced costs and improved accessibility, making Spirulina Market more available to a broader consumer base.

Expansion of Spirulina Applications in Food and Beverage

The Spirulina Market is experiencing a diversification of applications in the food and beverage sector, which is contributing to its growth. Spirulina Market is increasingly being incorporated into a variety of products, including smoothies, energy bars, and health drinks, appealing to consumers seeking functional foods. The Spirulina Market is projected to reach USD 275 billion by 2027, with Spirulina Market playing a pivotal role in this segment. This trend is fueled by the rising consumer preference for foods that offer health benefits beyond basic nutrition. Additionally, the vibrant color and unique flavor profile of Spirulina Market make it an attractive ingredient for food manufacturers. As the food and beverage industry continues to innovate, the Spirulina Market is likely to see expanded opportunities for product development and market penetration.

Market Segment Insights

Segment Insights

Spirulina Market Type Insights

The Spirulina Market segmentation, based on type, includes Arthrospira platensis, as well as, Arthrospira Maxima. The Arthrospira platensis market segment registered a good scale and emerged as one of the highest contributors in revenue collection in the historic year 2020.

Spirulina Market Application Insights

Based on Application, the Spirulina Market segmentation includes the food and beverage industry, agriculture sector, feed, cosmetic brands, as well as, nutraceuticals, amongst others. There is a high demand for the use of natural pigments in the market of different kinds like green, lavender, as well as violet. The personal care and cosmetic industry are further gaining momentum for targeting the exact customers by providing products like anti-aging creams.

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Get more detailed insights about Spirulina Market

Regional Insights

North America : Health and Wellness Focus

North America is witnessing significant growth in the Spirulina Market, driven by increasing health consciousness and demand for natural supplements. The region holds approximately 40% of the global market share, making it the largest market for Spirulina Market. Regulatory support for dietary supplements and organic products further fuels this growth, as consumers seek clean-label options that align with their health goals. The United States is the leading country in this market, with a robust presence of key players such as Cyanotech Corporation and Earthrise Nutritionals LLC. The competitive landscape is characterized by innovation in product offerings, including powders, tablets, and fortified foods. Canada also contributes to the market, focusing on sustainable sourcing and organic certifications, enhancing consumer trust and market penetration.

Europe : Sustainable Nutrition Trends

Europe is emerging as a significant player in the Spirulina Market, driven by a shift towards sustainable nutrition and plant-based diets. The region accounts for approximately 30% of the global market share, making it the second-largest market. Regulatory frameworks, such as the EU Novel Food Regulation, support the safe use of Spirulina Market in food products, encouraging innovation and consumer acceptance. Leading countries in this region include Germany, France, and the Netherlands, where health food trends are rapidly evolving. The competitive landscape features companies like Algatech Ltd. and Greens Organic, which focus on high-quality, organic Spirulina Market products. The presence of health-conscious consumers and a growing number of health food stores further enhance market opportunities, positioning Europe as a key player in the Spirulina Market sector.

Asia-Pacific : Emerging Market Potential

Asia-Pacific is witnessing rapid growth in the Spirulina Market, driven by increasing health awareness and the rising popularity of superfoods. The region holds approximately 20% of the global market share, with countries like India and China leading the demand. Government initiatives promoting health supplements and organic farming practices are key regulatory catalysts that support market expansion. India is a major player in the Spirulina Market, with companies like Parry Nutraceuticals leading the way. The competitive landscape is characterized by a mix of local and international players, focusing on product innovation and affordability. As consumers increasingly seek natural health solutions, the market is expected to grow, supported by a rising middle class and changing dietary preferences.

Middle East and Africa : Nutritional Awareness Growth

The Middle East and Africa region is gradually recognizing the benefits of Spirulina Market, with a growing focus on nutritional supplements and health foods. This region currently holds about 10% of the global market share. The increasing prevalence of lifestyle diseases and a shift towards preventive healthcare are driving demand for Spirulina Market products, supported by local regulations promoting health and wellness. Countries like South Africa and the UAE are at the forefront of this market, with a rising number of health food stores and online platforms offering Spirulina Market products. The competitive landscape is evolving, with both local and international brands entering the market. As awareness of Spirulina Market's health benefits grows, the region is poised for significant growth in the coming years, driven by consumer demand for natural and organic products.

Spirulina Market Regional Image

Key Players and Competitive Insights

The Spirulina Market is currently characterized by a dynamic competitive landscape, driven by increasing consumer awareness regarding health benefits and a growing demand for plant-based nutritional supplements. Key players such as DIC Corporation (Japan), Cyanotech Corporation (US), and Algatech Ltd. (Israel) are strategically positioned to leverage these trends. DIC Corporation (Japan) focuses on innovation in product development, particularly in enhancing the nutritional profile of its Spirulina offerings. Meanwhile, Cyanotech Corporation (US) emphasizes sustainability in its operations, utilizing eco-friendly cultivation methods that appeal to environmentally conscious consumers. Algatech Ltd. (Israel) is actively pursuing partnerships to expand its market reach, indicating a collaborative approach to growth. Collectively, these strategies contribute to a moderately fragmented market structure, where competition is intensifying as companies seek to differentiate themselves through quality and sustainability.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce supply chain vulnerabilities and enhance responsiveness to regional market demands. This trend is particularly evident in the Spirulina sector, where companies are optimizing their supply chains to ensure product availability and freshness. The competitive structure remains moderately fragmented, with several players vying for market share, yet the influence of major companies is palpable as they set benchmarks for quality and innovation.

In August 2025, DIC Corporation (Japan) announced a strategic partnership with a leading health food retailer to co-develop a new line of Spirulina-based supplements. This collaboration is poised to enhance DIC's market presence and capitalize on the growing trend of personalized nutrition. By aligning with a reputable retailer, DIC not only expands its distribution channels but also reinforces its commitment to innovation in health products.

In September 2025, Cyanotech Corporation (US) launched a new marketing campaign focused on the sustainability of its Spirulina production processes. This initiative highlights the company's commitment to environmentally friendly practices, which is increasingly resonating with consumers. By promoting its sustainable cultivation methods, Cyanotech aims to differentiate itself in a crowded market, potentially attracting a broader customer base that prioritizes eco-conscious products.

In July 2025, Algatech Ltd. (Israel) secured a significant investment to expand its production capabilities. This funding will enable the company to enhance its manufacturing processes and increase output, positioning it to meet the rising global demand for Spirulina. The investment underscores Algatech's proactive approach to scaling operations and its intent to solidify its standing as a key player in the market.

As of October 2025, the Spirulina Market is witnessing trends that emphasize digitalization, sustainability, and the integration of advanced technologies. Companies are increasingly forming strategic alliances to enhance their competitive edge, reflecting a shift towards collaborative growth models. The competitive landscape is evolving, with a noticeable transition from price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This evolution suggests that future differentiation will hinge on the ability to deliver high-quality, sustainable products that meet the diverse needs of health-conscious consumers.

Key Companies in the Spirulina Market market include

Industry Developments

  • Q2 2024: AlgaEnergy Launches New Spirulina Market-Based Ingredient for Functional Foods AlgaEnergy announced the launch of a new spirulina-derived ingredient designed for use in functional foods and beverages, expanding its product portfolio to meet growing demand for plant-based nutrition.
  • Q1 2024: DIC Corporation Expands Spirulina Market Production Facility in California DIC Corporation completed a major expansion of its spirulina production facility in California, increasing capacity to support rising demand in North America and Europe.
  • Q2 2024: Cyanotech Appoints New CEO to Drive Spirulina Market Business Growth Cyanotech Corporation announced the appointment of a new Chief Executive Officer, aiming to accelerate growth and innovation in its spirulina and microalgae product lines.
  • Q3 2024: Parry Nutraceuticals Signs Supply Agreement with European Food Manufacturer Parry Nutraceuticals entered into a multi-year supply agreement with a leading European food manufacturer to provide high-quality spirulina powder for use in health and wellness products.
  • Q2 2024: Algenol Biotech Receives Regulatory Approval for New Spirulina Market-Based Supplement in the US Algenol Biotech received FDA approval for its new spirulina-based dietary supplement, enabling nationwide distribution through major retail channels.
  • Q1 2024: French Startup Algama Raises €15 Million to Scale Spirulina Market Ingredient Production Algama, a French food-tech startup, secured €15 million in funding to expand its spirulina ingredient production facilities and accelerate product development for the European market.
  • Q4 2024: Unilever Partners with Spirulina Market Producer for Sustainable Ice Cream Line Unilever announced a partnership with a leading spirulina producer to develop a new line of sustainable, plant-based ice cream products featuring spirulina as a key ingredient.
  • Q2 2025: Earthrise Nutritionals Opens New Research and Development Center for Spirulina Market Innovation Earthrise Nutritionals inaugurated a new R&D center in California focused on developing advanced spirulina-based products for the global health and wellness market.
  • Q1 2025: Now Foods Launches Organic Spirulina Market Tablets in North America Now Foods introduced a new line of organic spirulina tablets, expanding its dietary supplement offerings in the North American market.
  • Q3 2024: Prolgae Spirulina Market Supplies Signs Export Contract with Japanese Nutraceutical Firm Prolgae Spirulina Market Supplies secured a significant export contract to supply spirulina powder to a major Japanese nutraceutical company, strengthening its presence in the Asia-Pacific region.
  • Q2 2024: GNT Group Launches Clean-Label Blue Spirulina Market Colorant for Food Industry GNT Group introduced a new clean-label blue spirulina colorant, targeting food and beverage manufacturers seeking natural alternatives to synthetic dyes.
  • Q4 2024: Far East Bio-Tec Co. Opens New Spirulina Market Production Facility in Taiwan Far East Bio-Tec Co. inaugurated a new state-of-the-art spirulina production facility in Taiwan, aiming to meet growing demand in the Asia-Pacific region.

Future Outlook

Spirulina Market Future Outlook

The Spirulina Market is projected to grow at a 9.28% CAGR from 2024 to 2035, driven by rising health awareness, demand for plant-based proteins, and sustainable food sources.

New opportunities lie in:

  • Development of Spirulina Market-infused functional beverages
  • Expansion into emerging markets with tailored products
  • Partnerships with health food retailers for exclusive offerings

By 2035, the Spirulina Market is expected to achieve substantial growth, solidifying its position as a key player in the health food sector.

Market Segmentation

Spirulina Market Type Outlook

  • Arthrospira platensis
  • Arthrospira maxima

Spirulina Market Application Outlook

  • Food & Beverage
  • Dietary Supplements
  • Cosmetics and Personal Care

Report Scope

MARKET SIZE 20240.612(USD Billion)
MARKET SIZE 20250.6688(USD Billion)
MARKET SIZE 20351.624(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)9.28% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesGrowing consumer demand for plant-based protein and sustainable nutrition drives opportunities in the Spirulina Market.
Key Market DynamicsRising consumer demand for plant-based nutrition drives innovation and competition in the Spirulina market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

Leave a Comment

FAQs

What is the current valuation of the Spirulina Market as of 2024?

The Spirulina Market was valued at 0.612 USD Billion in 2024.

What is the projected market valuation for Spirulina by 2035?

The market is projected to reach 1.624 USD Billion by 2035.

What is the expected CAGR for the Spirulina Market during the forecast period 2025 - 2035?

The expected CAGR for the Spirulina Market during 2025 - 2035 is 9.28%.

Which companies are considered key players in the Spirulina Market?

Key players in the Spirulina Market include DIC Corporation, Cyanotech Corporation, and Algatech Ltd.

What are the main types of Spirulina products available in the market?

The main types of Spirulina products are Arthrospira platensis and Arthrospira maxima.

How do the valuations of Arthrospira platensis and Arthrospira maxima compare?

In 2024, Arthrospira platensis was valued at 0.307 USD Billion, while Arthrospira maxima was valued at 0.305 USD Billion.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions