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Spirulina Protein Market Share

Report ID: GMI5387
Published Date: Jun 2024
Report Format: PDF

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Spirulina Protein Market Share

These companies are actively contributing to the demand of the spirulina protein industry through tailored efforts for this niche. More and more people are investing in research to improve farming methods and ensure consistent quality and yields. Also, marketing campaigns emphasize the nutritional benefits of Spirulina, targeting health-conscious consumers looking for a sustainable source of protein.

Companies are also innovating by developing spirulina-based products such as protein powders, snacks, and drinks to meet consumer preferences, as well as partnerships with nutrition experts and influencers to drive awareness and encourage confidence. Through these concerted efforts, the companies are driving demand for spirulina protein products and are actively participating in this growing market.

Spirulina Protein Market Companies

Major companies operating in the spirulina protein industry include:

Nutrex Hawaii Inc.
Earthrise Nutritinals LLC
Prolgae Spirulina Supplies Pvt. Ltd.
Far East Bio-Tec Co. Ltd.
Yunna Green A biological Project Co. Ltd.
Cyanotech Corporation
E.I.d Parry (India) Ltd.
ENERGYbits Inc.
Allmicroalgae
JUNE Group of Companies (JUNE Spirulina)
Phycom Microalgae
Fuqing King Dnarmsa Spirulina Co. Ltd

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The market size of spirulina protein reached USD 305 million in 2023 and will witness 7.5% CAGR between 2024 and 2032, led by growing consumer awareness of health and wellness, increasing demand for plant-based proteins, and the rising popularity of superfoods.

Spirulina protein capsules market will register 8.9% CAGR from 2024 to 2032, primarily due to their convenience, easy dosage, and burgeoning demand for dietary supplements.

Asia Pacific Market size will exceed USD 113 million by 2032, propelled by increasing health consciousness, rising disposable incomes, and the long-standing tradition of incorporating algae-based foods in regional diets.

Some of the key industry players are Nutrex Hawaii Inc., Earthrise Nutritinals LLC, Prolgae Spirulina Supplies Pvt. Ltd., Far East Bio-Tec Co. Ltd., Yunna Green A biological Project Co. Ltd., Cyanotech Corporation, E.I.d Parry (India) Ltd., ENERGYbits Inc., Allmicroalgae, among others.