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Spirulina Market Size to Hit USD 2.88 Billion by 2034

Spirulina Market Size, Share, Growth, Report 2025 to 2034

Status: Published Category: Healthcare Insight Code: 5142 Format: PDF / PPT / Excel

Content

Spirulina Market Size, Share | Forecast- 2034

The global spirulina market size is calculated at USD 1.15 billion in 2024, grows to USD 1.26 billion in 2025, and is projected to reach around USD 2.88 billion by 2034, registering a CAGR of 9.6% from 2025 to 2034. The market is growing due to rising demand for natural protein sources and increasing consumers' preference for plant-based, nutrient-rich supplements promoting health and sustainability.

Spirulina Market Size 2024 To 2034

Spirulina Market Key Takeaways

  • Asia Pacific dominated the spirulina market with a revenue share in 2024.
  • North America is expected to grow at the fastest CAGR in the market during the forecast period.
  • By type, the food and beverages segment led the market with the largest revenue share in 2024.
  • By type, the nutraceuticals segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By application, the powder segment held the largest market share in 2024.
  • By application, the liquid segment is expected to grow at the fastest CAGR in the market during the forecast period.

What are the significance of Spirulina?

Spirulina is a blue-green algae rich in protein, vitamins, and antioxidants, widely used as a natural dietary supplement for health and nutrition. The spirulina market is expanding due to rising awareness of its nutritional benefits, including high protein, antioxidants, and essential vitamins. Growing adoption of plant-based diets and increasing demand for natural supplements are driving consumption. Additionally, government initiatives promoting sustainable food sources and the use of spirulina in pharmaceuticals, cosmetics, and animal feed further boost market growth. Its eco-friendly cultivation and potential role in addressing malnutrition also contribute to its increasing global demand.

  • In July 2024, the Indian Agricultural Research Institute, New Delhi, announced an Agripreneurship Development Program held from August 12–14, 2024, to train farmers, students, and entrepreneurs in spirulina cultivation, processing, and marketing, promoting sustainability and employment.
  • In February 2024, Israel’s SimpliiGood created spirulina-based alternatives to chicken and salmon using microalgae-derived filaments. These protein-rich, heat-stable filaments mimic meat texture through edible tissue engineering and are easy to produce.

How Can AI Affect the Spirulina Market?

AI is transforming the market by optimizing cultivation, monitoring water quality, and predicting growth patterns for higher yield and quality. It enables automated control of temperature, pH, and nutrient levels, reducing costs and resource use. AI-driven data analytics also enhance supply chain efficiency, demand forecasting, and product innovation. Additionally, AI supports sustainable farming by minimizing waste and energy use, helping manufacturers meet growing demand for eco-friendly, nutrient-rich spirulina products.

Report Scope of Spirulina Market

Report Coverage Details
Market Size in 2025 USD 1.26 Billion
Market Size by 2034 USD 2.88 Billion
Growth Rate From 2025 to 2034 CAGR of 9.6%
Base Year 2024
Forecast Period 2025-2034
Segments Covered By Type, By Application, By Region
Market Analysis (Terms Used) Value (US$ Million/Billion) or (Volume/Units)
Regional scope North America; Europe; Asia Pacific; Latin America; MEA
Key Companies Profiled Cyanotech Corporation, Sensient Technologies Corporation, NB Laboratories Pvt Ltd, DIC Corporation,Fuqing King Dnarmsa Spirulina Co. Ltd, Evergreen Agro Creations, Indian Agri Farm, Alpspure Lifesciences Pvt. Ltd., Ideal Natural Extract, Lifevision Healthcare, Grenera Nutrients Private Limited, Far East Bio-Tec Co., Ltd.

Market Dynamics

Driver

Increasing Demand for Plant-based Protein and Vegan Diets

The growing demand for plant-based proteins is boosting the spirulina market as consumers increasingly adopt vegan and sustainable diets. According to the Food and Agriculture Organization (FAO), global plant-based protein consumption has risen by over 40% in the past decade. Spirulina, containing about 60-70% protein and all essential amino acids, serves as an eco-friendly alternative to animal protein. Its low water and land requirements further align with sustainability goals, strengthening its global market demand.

Restraint

High Production Cost and Complex Cultivation Process

High production costs and complex cultivation processes constrain the spirulina market because controlled conditions, such as optimal temperature 30-35 °C, pH 8-11, and nutrient levels, are essential for high-quality growth. According to FAO reports, maintaining this condition can increase production costs by up to 25-30% compared to other algae. Harvesting and drying processes also require specialized equipment to preserve nutrient content. These high operational expenses make the spirulina product more costly. Limiting adoption in price-sensitive markets and slowing market expansion.

Opportunity

Growing Demand for Functional Food and Nutraceuticals 

The growing demand for functional foods and nutraceuticals presents a major opportunity for the spirulina market, as consumers increasingly seek products that provide health benefits beyond basic nutrition. Spirulina's high protein content (60-70%), vitamins, minerals, and antioxidants make it an ideal ingredient for supplements, smoothies, and fortified foods. According to the FAO, global functional food consumption has risen by over 35% in the past decade. Its integration into nutraceuticals can drive market expansion and appeal to health-conscious populations worldwide.

  • For Instance, In April 2024, Israeli startup SimpliiGood developed a spirulina-based smoked salmon alternative, offering around 40% protein and mimicking traditional texture and flavor. Approved in the EU, it addresses overfishing and rising demand for plant-based, nutrient-rich foods.

Segmental Insights

What made the Food and Beverages Segment Dominant in the Spirulina Market in 2024?

In 2024, the food and beverages segment led the market with the largest revenue share, driven by strong consumer demand for processed, ready-to-eat, and functional foods. According to the U.S. Department of Agriculture (USDA), total food expenditures reached $2.58 trillion, with 58.9% spent on food-away-from-home, highlighting growing preference for convenience and dining options. These trends reinforced the segment’s dominant position in the overall market.

The nutraceutical segment is expected to grow at the fastest CAGR during the forecast period due to rising consumer focus on preventive healthcare and wellness. Increasing awareness of immunity-boosting, antioxidant-rich, and plant-based dietary supplements is driving demand. According to the U.S. National Institutes of Health (NIH), over 75% of adults in the U.S. use some form of dietary supplement, highlighting growing acceptance. The trend toward functional foods and natural wellness products further supports segment growth

Why Did the Powder Segment Dominate the Spirulina Market in 2024?

In 2024, the powder segment held the largest market share due to its versatility and widespread application across various industries. In the food sector, powdered ingredients like dairy and protein powders are integral to product formulations, catering to the growing demand for convenient and nutritious options. The pharmaceutical industry also relies heavily on powders for drug formulations, benefiting from their stability and ease of dosage. Additionally, advancements in powder metallurgy have expanded their use in manufacturing processes, driving further market growth.

The liquid segment is projected to grow at the fastest CAGR during the forecast period due to increasing consumer demand for convenient, ready-to-consume products. In the food and beverage industry, liquid products like beverages and sauces are experiencing higher consumption rates, driven by changing lifestyles and preferences for on-the-go options. Additionally, advancements in liquid packaging technologies have improved product shelf life and convenience, further boosting market growth.

Regional Insights

How is Asia Pacific contributing to the Expansion of the Spirulina Market?

In 2024, Asia-Pacific dominated the market, accounting for largest market consumption. Favorable climates in countries like India, China, and Japan support large-scale cultivation. Rising awareness of spirulina’s health benefits, including high protein and antioxidant content, has increased demand in dietary supplements, functional foods, and beverages. Additionally, government initiatives promoting sustainable agriculture and plant-based nutrition further strengthen market growth, making Asia-Pacific the leading region in spirulina production and consumption.

How is North America Accelerating the Spirulina Market?

North America is projected to grow rapidly in the market during the forecast period due to increasing consumer awareness of health and wellness products, rising demand for plant-based protein supplements, and the popularity of functional foods and beverages. According to the U.S. National Institutes of Health (NIH), over 75% of adults use dietary supplements, reflecting growing acceptance. Supportive government programs promoting sustainable nutrition and the expansion of spirulina-based nutraceuticals further drive market growth in the region.

Top Companies in the Spirulina Market

  • Cyanotech Corporation
  • Sensient Technologies Corporation
  • NB Laboratories Pvt Ltd
  • DIC Corporation
  • Fuqing King Dnarmsa Spirulina Co. Ltd
  • Evergreen Agro Creations
  • Indian Agri Farm
  • Alpspure Lifesciences Pvt. Ltd.
  • Ideal Natural Extract
  • Lifevision Healthcare
  • Grenera Nutrients Private Limited
  • Far East Bio-Tec Co., Ltd.

Recent Developments in the Spirulina Market

  • In August 2024, Ethiopia’s BETin, together with the Ministry of Innovation and Technology and Oromia Agricultural Research Institute, launched a spirulina research and production center to promote local cultivation and reduce imports of this nutrient-rich algae.
  • In June 2024, U.S.-based MD Logic Health and AvalonX introduced a new vegan dietary supplement made from spirulina.

Segments Covered in the Report

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2034. For this study, Nova one advisor, Inc. has segmented the spirulina market.

By Type

  • Nutraceuticals
  • Food & Beverages
  • Cosmetics
  • Animal Feed
  • Other

By Application

  • Powder
  • Tablet & Capsules
  • Liquid
  • Granule & Gelling Agent

By Regional

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa (MEA)

List of Figure

List of Tables

  • Table 1: Global Spirulina Market Size (USD Billion) by Type, 2024–2034
  • Table 2: Global Spirulina Market Size (USD Billion) by Application, 2024–2034
  • Table 3: North America Market Size (USD Billion) by Type, 2024–2034
  • Table 4: North America Market Size (USD Billion) by Application, 2024–2034
  • Table 5: U.S. Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 6: Canada Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 7: Mexico Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 8: Europe Market Size (USD Billion) by Type, 2024–2034
  • Table 9: Europe Market Size (USD Billion) by Application, 2024–2034
  • Table 10: Germany Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 11: France Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 12: UK Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 13: Italy Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 14: Asia Pacific Market Size (USD Billion) by Type, 2024–2034
  • Table 15: Asia Pacific Market Size (USD Billion) by Application, 2024–2034
  • Table 16: China Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 17: Japan Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 18: India Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 19: South Korea Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 20: Southeast Asia Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 21: Latin America Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 22: Brazil Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 23: Middle East & Africa Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 24: GCC Countries Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 25: Turkey Market Size (USD Billion) by Type & Application, 2024–2034
  • Table 26: Africa Market Size (USD Billion) by Type & Application, 2024–2034

List of Figures

  • Figure 1: Global Market Share by Type, 2024
  • Figure 2: Global Market Share by Application, 2024
  • Figure 3: North America Market Share by Type, 2024
  • Figure 4: North America Market Share by Application, 2024
  • Figure 5: U.S. Market Share by Type, 2024
  • Figure 6: U.S. Market Share by Application, 2024
  • Figure 7: Canada Market Share by Type, 2024
  • Figure 8: Canada Market Share by Application, 2024
  • Figure 9: Mexico Market Share by Type, 2024
  • Figure 10: Mexico Market Share by Application, 2024
  • Figure 11: Europe Market Share by Type, 2024
  • Figure 12: Europe Market Share by Application, 2024
  • Figure 13: Germany Market Share by Type, 2024
  • Figure 14: Germany Market Share by Application, 2024
  • Figure 15: France Market Share by Type, 2024
  • Figure 16: France Market Share by Application, 2024
  • Figure 17: UK Market Share by Type, 2024
  • Figure 18: UK Market Share by Application, 2024
  • Figure 19: Italy Market Share by Type, 2024
  • Figure 20: Italy Market Share by Application, 2024
  • Figure 21: Asia Pacific Market Share by Type, 2024
  • Figure 22: Asia Pacific Market Share by Application, 2024
  • Figure 23: China Market Share by Type, 2024
  • Figure 24: China Market Share by Application, 2024
  • Figure 25: Japan Market Share by Type, 2024
  • Figure 26: Japan Market Share by Application, 2024
  • Figure 27: India Market Share by Type, 2024
  • Figure 28: India Market Share by Application, 2024
  • Figure 29: South Korea Market Share by Type, 2024
  • Figure 30: South Korea Market Share by Application, 2024
  • Figure 31: Southeast Asia Market Share by Type, 2024
  • Figure 32: Southeast Asia Market Share by Application, 2024
  • Figure 33: Latin America Market Share by Type, 2024
  • Figure 34: Latin America Market Share by Application, 2024
  • Figure 35: Brazil Market Share by Type, 2024
  • Figure 36: Brazil Market Share by Application, 2024
  • Figure 37: Middle East & Africa Market Share by Type, 2024
  • Figure 38: Middle East & Africa Market Share by Application, 2024
  • Figure 39: GCC Countries Market Share by Type, 2024
  • Figure 40: GCC Countries Market Share by Application, 2024
  • Figure 41: Turkey Market Share by Type, 2024
  • Figure 42: Turkey Market Share by Application, 2024
  • Figure 43: Africa Market Share by Type, 2024
  • Figure 44: Africa Market Share by Application, 2024
  • Insight Code: 5142
  • No. of Pages: 250
  • Format: PDF/PPT/Excel
  • Published: October 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

FAQ's

The Spirulina market is growing due to increasing demand for natural protein sources, plant-based diets, and sustainable nutrition. Spirulina, rich in protein, antioxidants, and essential vitamins, is gaining popularity as a natural dietary supplement. The rise in consumer preference for vegan and eco-friendly products, along with the growth of the nutraceuticals and functional foods sectors, is significantly boosting market demand. Government initiatives promoting plant-based nutrition and spirulina’s diverse applications in pharmaceuticals, cosmetics, and animal feed further contribute to its expansion.

In 2024, Asia Pacific dominated the spirulina market due to favorable climates in countries like India, China, and Japan, which support large-scale cultivation. The growing awareness of spirulina\'s health benefits, along with government support for sustainable agriculture, has increased demand for spirulina in dietary supplements, functional foods, and beverages. Asia Pacific is expected to maintain a significant market share, continuing to expand due to its strong production capacity and rising consumption across various applications.

AI is transforming the Spirulina market by optimizing cultivation processes, predicting growth patterns, and enhancing yield quality. AI-driven systems monitor environmental conditions like temperature, pH, and nutrient levels to maximize spirulina production while minimizing resource use. Additionally, AI helps streamline supply chain management, forecast demand, and support sustainable farming practices, reducing waste and energy consumption, all of which contribute to meeting the growing global demand for spirulina products.

The nutraceuticals segment is expected to grow at the fastest CAGR during the forecast period. This is driven by rising consumer demand for preventive healthcare, immunity-boosting supplements, and plant-based nutritional products. Spirulina’s high protein content, rich vitamin profile, and antioxidant properties make it an ideal ingredient for nutraceuticals. The trend toward functional foods and natural wellness products further supports the rapid growth of this segment.

The powder segment led the Spirulina market in 2024 due to its versatility and ease of use across various applications, including in food, pharmaceuticals, and animal feed. Powdered spirulina is easily incorporated into supplements, smoothies, protein shakes, and fortified foods. Its stability and ease of dosage make it a preferred form for manufacturers. Additionally, powdered spirulina is widely used in both consumer products and industrial applications, reinforcing its dominant position.

The growing demand for functional foods and nutraceuticals presents significant opportunities for the Spirulina market. With consumers increasingly seeking products that offer health benefits beyond basic nutrition, Spirulina’s high protein content, essential vitamins, and antioxidants make it an ideal ingredient for supplements, smoothies, and fortified foods. This trend is supported by the increasing popularity of plant-based diets and rising health awareness, which are driving the integration of Spirulina in nutraceuticals and functional foods.