Spirulina Market to Hit USD 1458.34 Mn by 2032 

The Spirulina Market was USD 651.35 Mn in 2024 and is expected to expand at a CAGR of 10.6 % from 2025 to 2032, reaching USD 1458.34 Mn by 2032. DIC Corporation stated in September 2022 that it would invest around $9 million in environmental projects that would produce edible blue-green algae, Spirulina, and LINABLUE, a natural blue food coloring made from Spirulina. The Indian government of Haryana started a six-month trial experiment in the Nuh district in 2023 to introduce goods based on spirulina to fight childhood malnutrition.

The rising prevalence of Chronic disorders like diabetes, high blood pressure, and obesity has increased the demand for functional foods and supplements like spirulina. Protein powders, energy bars, snacks, smoothies, and other food and drink items all include spirulina. Advances in biotechnology and cultivation techniques, such as better strain creation and more effective harvesting procedures, have raised the quality and decreased the cost of producing spirulina. In 2021, the United States was the second-largest market after China, accounting for around 22.75% of the world’s spirulina consumption.

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Spirulina Market Segmentation

By Drug Formulation: The Powdered Spirulina segment holds a large portion of the market and can be easily added to protein bars, shakes, smoothies, and other food items. Spirulina tablets and capsules are consumers’ choice and a convenient way to consume the supplement without mixing it into meals or drinks. Liquid Spirulina is generally favoured by people looking for more potent, fast-absorbing solutions.

By Application: In the Food & Beverages segment, spirulina is used in protein bars, energy drinks, snacks, smoothies, and even certain processed meals. In Nutraceuticals, spirulina is used in dietary supplements and functional foods. In Animal and Aquaculture Feed, spirulina provides vital proteins, amino acids, and antioxidants to pets, poultry, and animals. In pharmaceuticals, spirulina is used in the creation of medications, wellness items, and supplements that are intended to treat certain medical disorders.

Spirulina Market Regional Analysis

United States: The Spirulina Market in the US has grown significantly in recent years. It is expected to increase at a CAGR of 9.85% from $364.58 million in 2025 to $932.78 million by 2032. In the United States, spirulina powder is the most widely used form, accounting for 71.3% of the market. Several key players like Earthrise Nutritionals, Nutrex Hawaii, Sambazon, and Spirulina Source dominate the US spirulina market.

Germany: The spirulina market in Germany was estimated to be worth $38.71 million in 2024, with a CAGR of 5.7% from 2025 to 2032. Approximately 3,000 tons of dried spirulina are sold as nutritional supplements worldwide each year, especially in Germany. In 2022, 44% of Germans declared themselves flexitarians, consuming less meat and opting for plant-based substitutes. The biggest organization of microalgae growers in Europe, the German Algae Cooperative (DAG), is based in Germany and focuses on growing spirulina. “

China: In 2024, the Chinese spirulina market was valued at $76.2 million and is projected to reach $97.8 million by 2032, with a CAGR of 4.1%. In 2021, China’s spirulina production was 4,120 tons. In 2021, China’s demand for spirulina was 6,020 tons, indicating a supply-demand gap that may influence market dynamics. China hosts over spirulina production facilities.​ Spirulina farming covers more than 106 million square meters of land in China. ​

Spirulina Market Competitive Landscape

Nutrex Hawaii: Cyanotech Corporation, a prominent manufacturer of goods derived from microalgae, acquired Nutrex Hawaii. The United States Pharmacopeia (USP) Verified Mark was awarded to BioAstin Hawaiian Astaxanthin, the flagship product of Nutrex Hawaii.

Algae Health: The Solabia Group acquired the majority of Algatech, a world leader in the production and marketing of microalgae. In 2022, The completion of a significant expansion of their Astaxanthin production plant was announced by BGG and Algae Health Sciences.

DIC Corporation: In June 2023, DIC acquired 100% share of the Quebec-based firm PCAS Canada Inc. In July 2022, DIC expanded its presence in China by purchasing Guangdong-based chemical manufacturing companies.

Recent Developments:

• In the UK, Ful has launched the Spirulina Fizz line, which combines the health advantages of spirulina with a bubbly beverage experience. There are three varieties available.
• Fresh spirulina-based spreads, such as Red Pesto, Green Pesto, Olive, Green Hummus, and Red Pepper variants, have been created by the French firm Ammi.
• Israeli company Sympli Good has used filaments generated from spirulina to create substitutes for salmon and fowl.

Conclusion

• The industry’s expansion has been further fueled by ongoing advancements in spirulina-based goods, such as plant-based meats, edible spreads, functional drinks, and biodegradable packaging, which have created new market possibilities across a variety of industries.

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