The rising popularity of spirulina in the cosmetic industry, due to its antioxidant and anti-aging properties, further enhances its market potential.

NEWARK, DE, UNITED STATES, February 3, 2025 /EINPresswire.com/ -- The global spirulina extract market is projected to grow significantly, with an estimated value of USD 58.9 million in 2024. The market is forecast to expand at a robust compound annual growth rate (CAGR) of 14.8% from 2024 to 2034, reaching a total value of USD 234.8 million by 2034.

Spirulina extracts, recognized for their richness in peptides and phytonutrients, have gained widespread use in various skincare formulations. These extracts are commonly included in products such as moisturizers, anti-aging creams, and anti-inflammatory solutions, underscoring their wide-ranging benefits.

Beyond skincare, spirulina extracts offer additional advantages, including sun protection, alleviating skin pigmentation issues, and supporting wound healing. This highlights their multifaceted role in enhancing skin health and overall wellness.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐓𝐨𝐝𝐚𝐲: https://www.futuremarketinsights.com/report-sample#5245502d47422d373238

In addition to their skincare applications, spirulina extracts have become increasingly popular among vegetarians, especially those who avoid eggs, due to their high nutritional value. Rich in essential nutrients such as magnesium, iron, and calcium, spirulina extracts help meet key dietary needs, making them a valuable source of nourishment for those following plant-based diets.

"The spirulina extract market is expected to see sustained growth as consumers continue to demand natural, nutrient-rich products. The increasing adoption of plant-based diets, coupled with the growing trend of functional foods, presents significant opportunities for market players.” - says Nandini Roy Choudhury, Client Partner at Future Market Insights

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐩𝐢𝐫𝐮𝐥𝐢𝐧𝐚 𝐄𝐱𝐭𝐫𝐚𝐜𝐭 𝐌𝐚𝐫𝐤𝐞𝐭

The global spirulina extract market is experiencing substantial growth, driven by increasing consumer demand for natural ingredients in food, beverages, and dietary supplements. Spirulina extract, known for its high nutritional value and vibrant blue pigment (phycocyanin), is gaining traction in various industries, including pharmaceuticals, cosmetics, and animal feed. With the rising awareness of clean-label products and stringent regulations on synthetic colorants, manufacturers are increasingly shifting toward plant-based alternatives, fueling the demand for spirulina extract.

𝐒𝐭𝐚𝐲 𝐀𝐡𝐞𝐚𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐩𝐢𝐫𝐮𝐥𝐢𝐧𝐚 𝐄𝐱𝐭𝐫𝐚𝐜𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.futuremarketinsights.com/reports/spirulina-extracts-market

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬:

• The global spirulina extract market is projected to reach USD 234.8 million by 2034, growing at a CAGR of 14.8%.
• Rising consumer preference for natural and clean-label ingredients is fueling demand.
• Increasing adoption in functional foods, dietary supplements, and natural cosmetics presents significant growth opportunities
• Strategic collaborations and new product innovations are driving market expansion.
• Investors should focus on companies involved in sustainable spirulina farming and advanced extraction technologies to capitalize on this booming industry.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

1. 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚: This region is expected to dominate the spirulina extract market due to the high demand for dietary supplements, a growing trend toward plant-based diets, and the increasing health consciousness among consumers. The U.S. remains the key market for spirulina extracts.

2. 𝐄𝐮𝐫𝐨𝐩𝐞: Europe also shows significant growth, with countries like Germany, France, and the UK leading the demand for natural and organic products. Spirulina extract is widely used in both dietary supplements and cosmetic products.


3. 𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜: The APAC region, particularly India and China, is a major supplier and consumer of spirulina extract. With a large population focused on health and wellness and increasing trends toward plant-based nutrition, this region is expected to experience rapid market expansion.

4. 𝐋𝐚𝐭𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚: While still emerging, the market in Latin America is expanding due to growing awareness of the health benefits of spirulina.


5. 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 & 𝐀𝐟𝐫𝐢𝐜𝐚: This region is seeing steady growth, driven by an increasing focus on natural and sustainable products.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Leading companies are not only focusing on beverages but are also expanding their product offerings by incorporating spirulina extracts into health supplements. This strategic move aligns with the escalating global demand for healthcare supplements, reflecting a keen understanding of market trends and consumer preferences.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲:
https://www.futuremarketinsights.com/report-sample#5245502d47422d373238

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐩𝐢𝐫𝐮𝐥𝐢𝐧𝐚 𝐄𝐱𝐭𝐫𝐚𝐜𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

• Greenjeeva is known for its involvement in the production and supply of natural ingredients, including spirulina extracts. They focus on providing high-quality, organic, and sustainable ingredients for various industries, including food, pharmaceuticals, and cosmetics.
• Algene Biotech is a company specializing in microalgae-based products, including spirulina. They are involved in the cultivation and extraction of spirulina for applications in the food and nutraceutical industries.

Key players operating in the spirulina extract market are Ideal Natural Extract, Sensient Colours LLC., Greenjeeva, Algene Biotech, Aller Aqua, BASF, Chr. Hansen A/S, Cyanotech Corporation, Zhejiang Binmei Biotechnology Co., Ltd, C.B.N. Spirulina Canada Co., Ltd, and DIC Corporation- Earthrise Nutritionals.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐟𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐟𝐨𝐨𝐝 𝐢𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲, 𝐮𝐧𝐜𝐨𝐯𝐞𝐫𝐢𝐧𝐠 𝐭𝐫𝐞𝐧𝐝𝐬, 𝐦𝐚𝐫𝐤𝐞𝐭 𝐝𝐲𝐧𝐚𝐦𝐢𝐜𝐬, 𝐚𝐧𝐝 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐠𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: https://www.futuremarketinsights.com/industry-analysis/functional-food-ingredients

𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
1. 𝐁𝐲 𝐅𝐨𝐫𝐦:
o Powder: The powder segment holds the largest market share due to its versatility and ease of incorporation into various products, including smoothies, protein shakes, and capsules.
o Tablets & Capsules: Spirulina tablets and capsules are popular in the dietary supplement market, offering consumers an easy and convenient way to benefit from the extract.
o Liquid: Liquid spirulina is gaining attention in the beverage industry for functional drinks and supplements.

2. 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:
o Dietary Supplements: Spirulina extract is most commonly used in dietary supplements due to its high nutritional value. It supports immunity, energy levels, and overall well-being, making it a sought-after ingredient for health-conscious individuals.
o Food & Beverages: In this sector, spirulina extract is used as a natural colorant, source of protein, and nutrient booster. Its use is expanding across smoothies, energy drinks, nutritional bars, and baked goods.
o Pharmaceuticals: Spirulina's medicinal properties, such as anti-inflammatory, anti-viral, and anti-cholesterol effects, make it increasingly relevant in the pharmaceutical industry.
o Cosmetics: The extract is used in skincare products to reduce wrinkles, promote skin health, and fight free radicals, capitalizing on the growing trend of plant-based beauty solutions.

3. 𝐁𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞𝐫:
o Individuals: Consumers looking for plant-based protein alternatives, antioxidants, and health supplements are driving the demand for spirulina extract.
o Businesses: Companies in the food, beverage, and wellness industries are incorporating spirulina into their product lines to meet the growing consumer demand for functional ingredients.

4. 𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:
The market spans several regions, including North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa, reflecting the widespread use and demand for spirulina extracts globally.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐌𝐈’𝐬 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐨𝐧𝐠𝐨𝐢𝐧𝐠 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞 𝐢𝐧 𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐃𝐨𝐦𝐚𝐢𝐧:

𝐆𝐢𝐧𝐬𝐞𝐧𝐠 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞: https://www.futuremarketinsights.com/reports/ginseng-extracts-market

𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞: https://www.futuremarketinsights.com/reports/functional-extracts-market

𝐁𝐥𝐚𝐜𝐤 𝐓𝐞𝐚 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: https://www.futuremarketinsights.com/reports/black-tea-extracts-market

𝐔𝐒𝐀 𝐘𝐞𝐚𝐬𝐭 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.futuremarketinsights.com/reports/usa-yeast-extracts-market

𝐂𝐨𝐟𝐟𝐞𝐞 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 : https://www.futuremarketinsights.com/reports/coffee-extracts-market

𝐆𝐫𝐞𝐞𝐧 𝐓𝐞𝐚 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬: https://www.futuremarketinsights.com/reports/green-tea-extracts-market

𝐉𝐮𝐣𝐮𝐛𝐞 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲: https://www.futuremarketinsights.com/reports/jujube-extracts-market

𝐁𝐨𝐭𝐚𝐧𝐢𝐜𝐚𝐥 𝐂𝐎2 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐚𝐥𝐞𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.futuremarketinsights.com/reports/botanical-co2-extracts-market

𝐅𝐢𝐬𝐡 𝐑𝐨𝐞 𝐄𝐧𝐳𝐲𝐦𝐞𝐬 𝐚𝐧𝐝 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡:https://www.futuremarketinsights.com/reports/fish-roe-enzymes-and-extracts-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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