Spirulina Powder Business: Spirulina the Future Food for Guppy, Betta and all other Fishes for Aquaculture Industry
Spirulina is blue-green microalgae rich in
nutrients widely used in the food and beverages industry as a dietary
supplement. It is a natural appetite suppressant which helps improve endurance
and reduce fatigue. It possesses hypolipidemic and anti-inflammatory
properties. Spirulina powder is preferred owing to its high nutritional values.
Spirulina is rich in antioxidants and helps in safely reducing inflammation by
maintaining the pH of the body. Besides, spirulina powder is also used in the
manufacturing of natural colors.
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| Source:Studies in Science |
The spirulina powder market is anticipated to
grow in the forecast period owing to driving factors such as rising consumer
awareness regarding the health benefits of spirulina coupled with the
increasing influence of organized retailing. Moreover, the growing popularity
of the vegan diet and adoption of herbal ingredients in cosmetic products
further boost the spirulina powder market growth. However, lack of availability
of spirulina severely restricts the growth of spirulina powder market.
Nonetheless, increasing adoption of healthy food in developed countries is
likely to showcase growth opportunity for the key players involved in the
spirulina powder market during the forecast period.
The global spirulina powder market is segmented
on the basis of nature, application and sales channel. Based on nature, the
market is segmented as organic and conventional. On the basis of the
application the market is segmented as food and beverage, dietary supplements,
pharmaceuticals, animal and aquaculture feed, cosmetics and personal care and
others. The market on the basis of the sales channel, is classified as direct
sales and retail sales. The market by the retail sales is further sub-segmented
as modern trade, specialty stores, pharmacy and drug stores, online retail and
others.
The reports cover key developments in the
spirulina powder market as organic and inorganic growth strategies. Various
companies are focusing on organic growth strategies such as product launches,
product approvals and others such as patents and events. Inorganic growth
strategies activities witnessed in the market were acquisitions and partnership
& collaborations. These activities have paved the way for the expansion of
business and customer base of market players. The market payers from spirulina
powder market are anticipated to lucrative growth opportunities in the future
with the rising demand for spirulina powder in the global market. Below
mentioned is the list of few companies engaged in the spirulina powder market.
The List
of Top Ten Companies of Spirulina Powder
1.Chr. Hansen Holding A/S
2.Cyanotech Corporation
3.DDW The Colour House
4.DIC Corporation
5.Fuqing King Dnarmsa Spirulina Co., Ltd.
6.General Nutrition Corporation
7.Naturalin Bio-Resources Co., Ltd
8.Naturex S.A.
9.NOW Health Group, Inc.
10.Sensient Colors LLC
Source: The Insight Partners

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