Top Industry Leaders in the Spirulina Market
Global Spirulina Market
On Aug. 02, 2023, SimpliiGood by AlgaeCore Technologies Ltd. launched a breaded-chicken cutlet analog for plant-based chicken composed of 80% pure, minimally processed spirulina microalgae. SimpliiGood has also added prebiotic fibers that mimic real chicken breasts' flavor, appearance, and structure while providing a meaty experience.
The ingredient will contribute to reducing waste & energy consumption by minimizing the overall downstream carbon footprint. On Feb.01, 2023, SimpliiGood announced a partnership with Haifa Group, an international plant nutrition giant, to optimize the Israeli food tech innovator's spirulina supply chain.
On Apr. 19, 2023, FUL Foods, a food-tech startup in Amsterdam, launched its first product, FULwater, in the U.S. market. FULwater is naturally vibrant blue functional water. The company taps Spirulina, the planet's oldest source of life, to reimagine the future of nutrition.
FUL Foods pioneers a sustainable production process to incorporate the ancient blue-green algae into convenient, on-the-go products, creating a new category of environmentally efficient, functional nutrition. The game-changing process developed by the company recycles CO2 while also transforming the most powerful source of nutrition, Spirulina, into a convenient, delicious ingredient for consumer foods and beverages.
On Nov. 11, 2022, --- Color supplier GNT announced securing FDA approval for the use of spirulina extract in beverages, enabling vibrant blue shades while maintaining a clean label. The company has developed a patented formulation technology that stabilizes temperature and acid content in spirulina extract when mixed in beverages. The move comes at the right time when there is a rising consumer interest in Spirulina that has increased exponentially over the past decade.
Key Companies in the Spirulina market include
- D. Parry Limited (India)
- Jiangxi Alga Biotech
- DIC Corporation
- Tianjin Norland Biotech Co. Ltd.
- Cyanotech Corporation
- Hydrolina Biotech Private Limited
- DIC Corporation
