到 2028 年螺旋藻提取物市场预测 - 按来源（有机和常规）、产品类型（Arthrospira Maxima 和 Arthrospira platensis）、产品、应用、分销渠道和地区进行的全球分析

根据Stratistics MRC，2022年全球螺旋藻提取物市场规模将达到5.3105亿美元，预测期内以10.50%的复合年增长率增长，2028年将达到9亿。预计将达到6675万美元。

一种被称为螺旋藻的蓝绿藻具有很高的营养价值，自古以来就被用作食物。 它是蓝藻节旋藻生物质的干燥全生物产品，节旋藻是一种微观丝状生物，在高碱性湖泊中几乎单藻中都很丰富。 螺旋藻是从多种植物、花卉和微藻中获得的。 螺旋藻富含藻蓝蛋白、酚类和多醣等多种物质。 它具有抗炎、免疫刺激和抗氧化特性。 螺旋藻可用于多种产品，包括食品、药品、化妆品和个人护理用品。

根据美国国家标准协会的数据，到 2025 年，全球膳食补充剂销售额预计将达到 2520 亿美元，高于 2021 年的 2200 亿美元。

市场动态

驱动程序

对高营养食品的需求增加

螺旋藻是一种超级食品，在任何天然种植的食物中蛋白质含量最高，因此对它的需求是不可避免的。 100g生螺旋藻中约有60%由蛋白质组成。 因此，它是世界上蛋白质含量最高的饮食之一。 螺旋藻还含有多种维生素和矿物质。 含有钙、铁、锰、钾、镁、磷、钠、锌等矿物质，以及A、B、C、E、K等多种维生素。

约束

研究活动的限制

大约 30 年前，螺旋藻开始以商业规模生产。 在过去的 30 年里，对螺旋藻的研究很少，这使得关于这种超级食物的说法值得怀疑。 由于缺乏足够的科学研究，大多数公司和监管机构都声称螺旋藻没有副作用，不会引起过敏或癌症。 缺乏研究阻碍了市场增长。

市场机会：

各种监管机构的批准

各国多个监管机构的批准已将螺旋藻确定为生产天然色素的可能原料，并且天然色素製造商已开始供应由螺旋藻製备的新产品。我正在打开大门。 新兴国家的几家大公司也发布了新型螺旋藻，刺激了该行业的扩张。

威胁

巨大的副作用

螺旋藻的副作用包括噁心、肝损伤、脉搏加快、失眠、头痛等，经常或大量服用螺旋藻时应小心。 螺旋藻可能含有危险物质。 它会加剧自身免疫性疾病并稀释血液。 糖尿病患者在服用螺旋藻时应检查血糖水平，因为它会影响血糖水平。 这些副作用阻碍了市场增长。

COVID-19 的影响：

COVID-19 大流行给人们带来了重大的医疗、社会和经济困难。 不过，疫情期间，螺旋藻市场获得了正面评价。 在 COVID-19 爆发期间，维生素、矿物质、营养和草药补充剂等营养补充剂的消费量也显着增加，导致营养补充剂的销量增加。 由于其特殊的营养成分，螺旋藻被认为是营养强国。 它含有丰富的蛋白质，均衡地含有8种氨基酸。 它的营养价值导致其需求在大流行期间急剧上升。

预测期内，预计粉体板块占比最大

由于膳食补充剂製造商的需求不断增加，预计粉末细分市场将实现利润丰厚的增长。 消费者健康意识的提高正在推动螺旋藻粉在膳食补充剂行业的应用。 螺旋藻粉也用作各种食品和饮料产品的成分。 纯素饮食的日益普及和化妆品中草药成分的采用正在推动这一领域的需求。

在预测期内，预计食品和饮料行业的复合年增长率最高。

预计食品和饮料领域在预测期内将以最快的复合年增长率增长。 糖果、糖霜、冰淇淋和冷冻甜点、甜点涂层和浇头、混合饮料和粉末、酸奶、奶油冻、布丁、干酪、明胶、麵包屑、现成谷物等对螺旋藻天然着色剂的需求是该细分市场的主要驱动力。促进了

市场份额最高的地区：

由于消费者对天然食品的认识不断提高，预计在预测期内北美将占据最大的市场份额。 地方政府制定了严格的指导方针来禁止合成着色剂。 美国市场在保健品和辅助业务（如化妆品和生物肥料）方面竞争激烈。 对天然蛋白质来源的日益偏好以及具有巨大生产能力的主要螺旋藻生产商的存在也推动了市场需求。

复合年增长率最高的地区：

由于科学技术的进步，预计欧洲在预测期内的复合年增长率最高。 正在研究微藻在营养补充剂和保健食品中的使用，取得了重大的科学和技术进步。 该行业正在解决越来越多地使用藻蓝蛋白生产营养和医药产品的问题。 天然蓝色着色剂的日益普及以及顶级色素公司对藻蓝蛋白领域的投资也推动了市场需求。

主要发展：

2022 年 6 月，巴斯夫推出了 VerdessenceTM RiceTouch，这是一种适用于各种个人护理产品的新型生物聚合物。 一种植物来源的功能性粉末，粒径小，具有粉状轻盈和光滑感，非常适合哑光型化妆品。

2022 年 1 月，皇家帝斯曼将整合帝斯曼营养业务的三个领域（食品特种产品、亲水胶体和营养产品集团的一部分），以更好地满足新客户和市场的需求。宣布了新的综合食品和饮料业务结构.

2021 年 10 月，Dohrer 和 Sacco Systems 在植物性乳製品替代品和食品文化类别方面展开合作。 该合作伙伴关係将从一种新的不含乳製品的酸奶配方开始，并随着时间的推移演变为饮料、奶酪和涂抹酱。

本报告内容

• 区域和国家细分市场份额评估
• 向新进入者提出战略建议
• 2020、2021、2022、2025 和 2028 年的综合市场数据
• 市场驱动因素（市场趋势、制约因素、机遇、威胁、挑战、投资机会、建议）。
• 根据市场预测在关键业务领域提出战略建议
• 竞争格局映射关键共同趋势。
• 公司简介，包括详细的战略、财务状况和近期发展
• 映射最新技术进步的供应链趋势

免费定制优惠：

购买此报告的客户将获得以下免费定制选项之一：

• 公司简介
  • 其他市场参与者的综合概况（最多 3 家公司）
  • 主要参与者的 SWOT 分析（最多 3 家公司）
• 区域细分
  • 根据客户的要求对主要国家/地区的市场估计/预测/复合年增长率（注意：基于可行性检查）。
• 竞争基准
  • 根据产品组合、区域影响力和战略联盟对主要参与者进行基准测试

内容

第 1 章执行摘要

第二章前言

• 概览
• 利益相关者
• 调查范围
• 调查方法
  • 数据挖掘
  • 数据分析
  • 数据验证
  • 研究方法
• 调查来源
  • 主要研究来源
  • 二级研究来源
  • 假设

第三章市场趋势分析

• 司机
• 约束因素
• 机会
• 威胁
• 产品分析
• 使用分析
• 新兴市场
• COVID-19 的影响

第 4 章波特五力分析

• 供应商的议价能力
• 买家的议价能力
• 替代品的威胁
• 新进入者的威胁
• 竞争公司之间的敌对关係

第 5 章全球螺旋藻提取物市场：按产地分类

• 有机
• 传统的

第 6 章全球螺旋藻提取物市场：按类型分类

• 大节螺
• 钝顶节旋藻

第 7 章。全球螺旋藻提取物市场：按产品分类

• 粉末
• 胶囊
• 薄片
• 平板电脑
• 藻蓝蛋白
• 冷冻螺旋藻

第 8 章全球螺旋藻提取物市场：按应用

• 食品和饮料
• 乳製品
• 麵包店、零食、麦片
• 糖果和甜食
• 加工和填充水果
• 肉、家禽、鱼、蛋
• 酱汁、汤、调料
• 土豆、意大利面、米饭
• 宠物食品
• 调味品
• 农业
• 化妆品
• 膳食补充剂

第 9 章。全球螺旋藻提取物市场：按分销渠道

• 消费者渠道
• 业务渠道

第 10 章全球螺旋藻提取物市场：按地区

• 北美
  • 美国
  • 加拿大
  • 墨西哥
• 欧洲
  • 德国
  • 英国
  • 意大利
  • 法国
  • 西班牙
  • 其他欧洲
• 亚太地区
  • 日本
  • 中国
  • 印度
  • 澳大利亚
  • 新西兰
  • 韩国
  • 其他亚太地区
• 南美洲
  • 阿根廷
  • 巴西
  • 智利
  • 其他南美洲
• 中东和非洲
  • 沙特阿拉伯
  • 阿拉伯联合酋长国
  • 卡塔尔
  • 南非
  • 其他中东和非洲地区

第11章主要发展

• 合同、伙伴关係、协作和合资企业
• 收购与合併
• 新产品发布
• 业务扩展
• 其他关键策略

第十二章公司简介

• Sensient Technologies Corporation
• BASF SE
• Royal DSM
• DIC Corporation-Earthrise Nutritionals
• Dohler Group
• E.I.D. Parry（India）Limited.
• Chr. Hansen A/S
• Allied Biotech Corporation
• C.B.N. Spirulina Canada Co., Ltd
• Naturex SA
• GNT International B.V.
• Archer Daniels Midland Company
• BioconColours
• Kalsec Inc
• ROHA
• Givaudan（DDW-the Color House）
• Symrise AG

According to Stratistics MRC, the Global Spirulina Extract Market is accounted for $531.05 million in 2022 and is expected to reach $966.75 million by 2028 growing at a CAGR of 10.50% during the forecast period. A kind of blue-green algae known as spirulina has a high nutritional value and has been used as food since ancient times. It is a whole biological product made up of dried cyanobacterium Arthrospira biomass, which are minute filamentous organisms that are found in large quantities in nearly mono-algal forms in very alkaline lakes. Spirulina is obtained from a variety of plants, flowers, and microalgae. Numerous substances, including phycocyanin, phenolics, and polysaccharides, are abundant in spirulina. It has anti-inflammatory, immune stimulating, and antioxidant properties. Spirulina may be utilised in a variety of goods, including food, medications, cosmetics, and personal care items.

According to the American National Standards Institute, global dietary supplement sales increased from USD 220 billion in 2021 and are expected to reach USD 252 billion in 2025.

Market Dynamics:

Driver:

Raising demand for high nutrition food

Due to Spirulina's status as a super food with the highest protein content of any naturally cultivated food, demand for it is unavoidable. Roughly 60% of a 100g of raw spirulina is made up of protein. As a result, it ranks among the meals with the greatest protein content worldwide. Spirulina also contains significant levels of vitamins and minerals. It consists of minerals including calcium, iron, manganese, potassium, magnesium, phosphorus, sodium, and zinc as well as a variety of vitamins like A, B, C, E, and K. The market demand is being driven by all these advantages.

Restraint:

Limited research activities

Spirulina manufacturing at the commercial scale first began about 30 years ago. There has only been a little amount of study on spirulina over the past 30 years, which raises doubts about the claims made about this super food. Since there aren't enough scientific studies, most businesses and regulatory bodies claim that spirulina has no negative side effects and won't cause allergies or cancer. The lack of study is hindering the market growth.

Opportunity:

Approval from various regulatory agencies

Approval from multiple regulatory bodies in various countries have opened the doors for natural colour manufacturers who identified Spirulina as a possible raw material for production of natural colour and initiated the supply of the new products prepared from Spirulina. Several major companies from emerging nations have also introduced new types of the substance, which has fuelled the expansion of the industry.

Threat:

Huge side effects

Spirulina side effects include nausea, liver damage, a fast pulse, sleeplessness, and headaches when consumed often or when taken in large doses. There is a chance that spirulina contains dangerous substances. It exacerbates autoimmune diseases and thins the blood. People with diabetes should check their blood sugar levels when consuming spirulina because it may impact blood sugar levels. These side effects are hampering the market growth.

COVID-19 Impact:

There are major medical, social, and financial difficulties as a result of the COVID-19 pandemic. But during the epidemic, the spirulina market received favourable reviews. During the COVID-19 epidemic, sales of dietary supplements have also grown significantly, as has the usage of dietary supplements such vitamins, minerals, and nutritional and herbal supplements. Due to its special nutritional composition, spirulina is regarded as a nutritious powerhouse. It contains a lot of protein and a balanced mixture of all eight necessary amino acids. Its nutritional values rose its demand drastically in the pandemic.

The powder segment is expected to be the largest during the forecast period

The powder segment is estimated to have a lucrative growth, due to its rising demand from nutraceutical manufacturers. The growing health consciousness among consumers is boosting its usage in nutraceutical industry. Spirulina powder is also used as an ingredient in various food & beverage products. The growing popularity of the vegan diet and adoption of herbal ingredients in cosmetic products are fuelling the segment's demand.

The food & beverages segment is expected to have the highest CAGR during the forecast period

The food & beverages segment is anticipated to witness the fastest CAGR growth during the forecast period. The demand for spirulina natural food colour in confectionery goods, frostings, ice cream and frozen desserts, dessert coatings and toppings, beverage mixes and powders, yoghurts, custards, puddings, cottage cheese, gelatine, breadcrumbs and ready-to-eat cereals is primarily what is fueling this segment's rapid growth.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to growing awareness among consumers for natural food products. Strict guidelines were put in place by the local authorities prohibiting synthetic colours. The market in the United States is extremely competitive for nutraceuticals and its ancillary businesses, such as cosmetics and bio fertilizers. The market demand is also being driven by the rising preference for natural protein sources and the presence of major spirulina producers with enormous production capacity.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to scientific and technological advancements. Huge scientific and technical advancements are made for the study of microalgae use in dietary supplements and health foods. This industry is dealing with a growth in the use of phycocyanin in the production of nutritional and medicinal goods. The market demand is also being fuelled by an increase in the popularity of natural blue colourants as well as investments made in the phycocyanin sector by top colour companies.

Key players in the market:

Some of the key players profiled in the Spirulina Extract Market include: Sensient Technologies Corporation, BASF SE, Royal DSM, DIC Corporation- Earthrise Nutritionals, Dohler Group, E.I.D. Parry (India) Limited., Chr. Hansen A/S, Allied Biotech Corporation, C.B.N. Spirulina Canada Co., Ltd, Naturex SA, GNT International B.V., Archer Daniels Midland Company, BioconColours, Kalsec Inc, ROHA, Givaudan (DDW - the Color House) and Symrise AG.

Key Developments:

In June 2022, BASF launched VerdessenceTM RiceTouch, a new biopolymer suitable for a broad range of personal care products. This plant based sensory powder with small particle size provides powdery light and smooth skin feel and is ideal for matte type cosmetics.

In January 2022, Royal DSM, a global purpose-led science-based company revealed its new integrated Food & Beverage operating structure which unifies three areas of DSM's nutrition business - Food Specialties, Hydrocolloids and part of its Nutritional Products group - to closely align with emerging customer and market needs.

In October 2021, Dohler and Sacco System have formed an alliance in the plant-based dairy alternatives and food cultures categories. The partnership will start with formulating new dairy-free yogurts and progressing over time to drinks, cheeses and spreads.

Natures Covered:

• Organic
• Conventional

Types Covered:

• Arthrospira Maxima
• Arthrospira Platensis

Products Covered:

• Powder
• Capsules
• Flakes
• Tablets
• Phycocyanin
• Frozen Spirulina

Applications Covered:

• Food & Beverages
• Dairy Products
• Bakery, Snacks & Cereals
• Candy & Confectionery
• Fruit Preparations & Fillings
• Meat, Poultry, Fish, & Eggs
• Sauces, Soups, & Dressings
• Potatoes, Pasta, & Rice
• Pet Food
• Seasonings
• Agriculture
• Cosmetics
• Nutraceuticals

Distribution Channels Covered:

• Consumer Channel
• Business Channel

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Spirulina Extract Market, By Nature

• 5.1 Introduction
• 5.2 Organic
• 5.3 Conventional

6 Global Spirulina Extract Market, By Type

• 6.1 Introduction
• 6.2 Arthrospira Maxima
• 6.3 Arthrospira Platensis

7 Global Spirulina Extract Market, By Product

• 7.1 Introduction
• 7.2 Powder
• 7.3 Capsules
• 7.4 Flakes
• 7.5 Tablets
• 7.6 Phycocyanin
• 7.7 Frozen Spirulina

8 Global Spirulina Extract Market, By Application

• 8.1 Introduction
• 8.2 Food & Beverages
• 8.3 Dairy Products
• 8.4 Bakery, Snacks & Cereals
• 8.5 Candy & Confectionery
• 8.6 Fruit Preparations & Fillings
• 8.7 Meat, Poultry, Fish, & Eggs
• 8.8 Sauces, Soups, & Dressings
• 8.9 Potatoes, Pasta, & Rice
• 8.10 Pet Food
• 8.11 Seasonings
• 8.12 Agriculture
• 8.13 Cosmetics
• 8.14 Nutraceuticals

9 Global Spirulina Extract Market, By Distribution Channel

• 9.1 Introduction
• 9.2 Consumer Channel
• 9.3 Business Channel

10 Global Spirulina Extract Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Sensient Technologies Corporation
• 12.2 BASF SE
• 12.3 Royal DSM
• 12.4 DIC Corporation- Earthrise Nutritionals
• 12.5 Dohler Group
• 12.6 E.I.D. Parry (India) Limited.
• 12.7 Chr. Hansen A/S
• 12.8 Allied Biotech Corporation
• 12.9 C.B.N. Spirulina Canada Co., Ltd
• 12.10 Naturex SA
• 12.11 GNT International B.V.
• 12.12 Archer Daniels Midland Company
• 12.13 BioconColours
• 12.14 Kalsec Inc
• 12.15 ROHA
• 12.16 Givaudan (DDW - the Color House)
• 12.17 Symrise AG

List of Tables

• Table 1 Global Spirulina Extract Market Outlook, By Region (2020-2028) ($MN)
• Table 2 Global Spirulina Extract Market Outlook, By Nature (2020-2028) ($MN)
• Table 3 Global Spirulina Extract Market Outlook, By Organic (2020-2028) ($MN)
• Table 4 Global Spirulina Extract Market Outlook, By Conventional (2020-2028) ($MN)
• Table 5 Global Spirulina Extract Market Outlook, By Type (2020-2028) ($MN)
• Table 6 Global Spirulina Extract Market Outlook, By Arthrospira Maxima (2020-2028) ($MN)
• Table 7 Global Spirulina Extract Market Outlook, By Arthrospira Platensis (2020-2028) ($MN)
• Table 8 Global Spirulina Extract Market Outlook, By Product (2020-2028) ($MN)
• Table 9 Global Spirulina Extract Market Outlook, By Powder (2020-2028) ($MN)
• Table 10 Global Spirulina Extract Market Outlook, By Capsules (2020-2028) ($MN)
• Table 11 Global Spirulina Extract Market Outlook, By Flakes (2020-2028) ($MN)
• Table 12 Global Spirulina Extract Market Outlook, By Tablets (2020-2028) ($MN)
• Table 13 Global Spirulina Extract Market Outlook, By Phycocyanin (2020-2028) ($MN)
• Table 14 Global Spirulina Extract Market Outlook, By Frozen Spirulina (2020-2028) ($MN)
• Table 15 Global Spirulina Extract Market Outlook, By Application (2020-2028) ($MN)
• Table 16 Global Spirulina Extract Market Outlook, By Food & Beverages (2020-2028) ($MN)
• Table 17 Global Spirulina Extract Market Outlook, By Dairy Products (2020-2028) ($MN)
• Table 18 Global Spirulina Extract Market Outlook, By Bakery, Snacks & Cereals (2020-2028) ($MN)
• Table 19 Global Spirulina Extract Market Outlook, By Candy & Confectionery (2020-2028) ($MN)
• Table 20 Global Spirulina Extract Market Outlook, By Fruit Preparations & Fillings (2020-2028) ($MN)
• Table 21 Global Spirulina Extract Market Outlook, By Meat, Poultry, Fish, & Eggs (2020-2028) ($MN)
• Table 22 Global Spirulina Extract Market Outlook, By Sauces, Soups, & Dressings (2020-2028) ($MN)
• Table 23 Global Spirulina Extract Market Outlook, By Potatoes, Pasta, & Rice (2020-2028) ($MN)
• Table 24 Global Spirulina Extract Market Outlook, By Pet Food (2020-2028) ($MN)
• Table 25 Global Spirulina Extract Market Outlook, By Seasonings (2020-2028) ($MN)
• Table 26 Global Spirulina Extract Market Outlook, By Agriculture (2020-2028) ($MN)
• Table 27 Global Spirulina Extract Market Outlook, By Cosmetics (2020-2028) ($MN)
• Table 28 Global Spirulina Extract Market Outlook, By Nutraceuticals (2020-2028) ($MN)
• Table 29 Global Spirulina Extract Market Outlook, By Distribution Channel (2020-2028) ($MN)
• Table 30 Global Spirulina Extract Market Outlook, By Consumer Channel (2020-2028) ($MN)
• Table 31 Global Spirulina Extract Market Outlook, By Business Channel (2020-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.