Spirulina is among the most popular supplements across the globe. Spirulina is an organism that grows in fresh and salty water both.
Spirulina is among the most popular supplements across the globe. Spirulina is an organism that grows in fresh and salty water both. It contains many nutrients and antioxidants that could be beneficial for the body. It also comprises of some amounts of potassium, magnesium, and manganese and little amount of every other nutrient needed for body. It also helps in increasing the immune system of human body.
- On the basis of application, the market is segmented into Nutraceuticals, Cosmetic and Personal Care, Pharmaceuticals, Others.
- On the basis of form, the market is segmented into Powder, Capsule and Tablet, Liquid, Gelling Agent.
- On the basis of distribution channel, the market is segmented into Retail stores, Hospital and Retail Pharmacies, Online Distributions.
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Here we have listed the top Spirulina Market companies
- Cyanotech Corporation
- Algenol Biofuels Inc
- Dongtai City Spirulina Bio-engineering Co., Ltd.
- Chr. Hansen Holding A/S
- DIC Lifetec Co., Ltd.
- Sensient Technologies Corporation.
- DDW The Colour House
- Naturex S.A.
- Prolgae Spirulina Supplies Pvt. Ltd
- E.I.D. Parry (India) Limited
Highlights the following key factors:
1) Business description-A detailed description of the company’s operations and business divisions.
2) Corporate strategy – Analyst’s summarization of the company’s business strategy.
3) SWOT Analysis-A detailed analysis of the company’s strengths, weakness, opportunities, and threats.
4) Company history – Progression of key events associated with the company.
5) Major products and services-A list of major products, services, and brands of the company.
6) Key competitors – A list of key competitors to the company.
7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
8) Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 7 years history.
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. The global impacts of the COVID-19 are already starting to be felt, and will significantly affect the spirulina market in 2020.Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
Drivers:
- Rising demand for natural colors
- Growing malnutrition in the world
- Increased application of spirulina in cosmetics and personal care
- Awareness related to malnutrition and others
The Spirulina Market research study is designed keeping in focus all the major countries. Although, all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries which are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Spirulina Market based on product and application. It also provides market size and forecast till 2027 for overall Spirulina Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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