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Spirulina Market Size, Share Analysis, Growth Trends and Forecast Report 2025-2032

Spirulina Market is segmented By Product (Arthrospira Platensis, Arthrospira Maxima), By Nature (Organic, Conventional), By Form (Powder, Tablets & Capsules, Liquid, Others), By Application (Food & Beverages, Nutraceuticals, Cosmetics & Personal Care, Animal Feed, Others) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published: May 2025 || SKU: FB4222
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Spirulina Market Size

Spirulina Market Size reached US$ 640.56 million in 2024 and is expected to reach US$ 1,205.98 million by 2032, growing with a CAGR of 8.23% during the forecast period 2025-2032.

The global spirulina market is experiencing steady growth, driven by rising health consciousness and increasing demand for natural and plant-based supplements. Spirulina, a blue-green algae rich in protein, vitamins, and antioxidants, is widely used in dietary supplements, functional foods, and cosmetics. The market is fueled by its growing popularity in vegan and vegetarian diets and its potential in immune support and energy enhancement.

Spirulina Market Trend

Expansion in functional foods & beverages is a key trend in the spirulina market, as consumers increasingly seek nutritious, plant-based options that offer added health benefits. Spirulina’s versatility allows it to be incorporated into energy bars, smoothies, snacks, and now even seafood alternatives.

In April 2025, Israeli food-tech firm AlgaeCore Technologies, through its brand SimpliiGood, announced to launch of a 100% plant-based smoked salmon alternative made from spirulina microalgae. The company has begun commercial production to meet rising demand for sustainable proteins. This type of innovation reflects the growing use of spirulina in functional, clean-label foods that align with sustainability and wellness trends.

Spirulina Market 2023-2032

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Market Scope 

 

Metrics

Details

 

By Product

Arthrospira Platensis, Arthrospira Maxima

 

By Nature

Organic, Conventional

 

By Form

 Powder, Tablets & Capsules, Liquid, Others

 

By Application

 Food & Beverages, Nutraceuticals, Cosmetics & Personal Care, Animal Feed, Others

 

By Region

North America, South America, Europe, Asia-Pacific, Middle East and Africa

 

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth

Spirulina Market Dynamics

Growing Demand for Plant-Based and Vegan Products

The growing demand for plant-based and vegan products is significantly driving the Spirulina market as consumers increasingly seek sustainable, ethical, and nutritious alternatives to animal-based proteins. A report by the Plant Based Foods Association (PBFA) reveals that in 2023, 70% of the US population now consumes plant-based foods, up from 66% just one year ago. This growing trend highlights the increasing consumer shift toward plant-based diets and products.

Spirulina is a nutrient-dense blue-green algae that offers a rich source of plant-based protein, vitamins, and minerals, making it an ideal supplement for vegans and vegetarians. As more people adopt plant-based lifestyles for health, environmental, and animal welfare reasons, Spirulina’s popularity rises as a natural superfood that supports these choices. Food manufacturers are also incorporating Spirulina into various vegan-friendly products, such as snacks, beverages, and supplements, to meet this rising consumer demand.

High Production Costs

High production costs are a significant restraint on the spirulina market, as they limit the ability of producers to scale up operations and offer competitively priced products. Cultivating spirulina requires specialized infrastructure such as controlled outdoor ponds or closed bioreactors, which demand constant temperature, pH levels, and nutrient supply monitoring. These systems consume a considerable amount of energy and water, increasing operational expenses.

Additionally, the harvesting, drying, and packaging processes are resource-intensive and require advanced equipment to maintain product quality and safety. Labor costs, particularly in countries with strict regulatory standards, further add to the financial burden. As a result, spirulina-based products often come with higher price tags compared to alternative protein or superfood sources. This limits their accessibility, especially in cost-sensitive markets, thereby restraining widespread consumer adoption and market growth.

Spirulina Market Segment Analysis

The global spirulina market is segmented based on product, nature, form, application and region.

Spirulina Market, By Form

Powder Form Dominates Global Spirulina Market Due to Versatility, Ease of Use, and High Consumer Demand in Supplements and Functional Foods.

Powder form holds a significant share in the global Spirulina market due to its versatility, ease of use, and long shelf life. It can be easily incorporated into various food and beverage products such as smoothies, juices, energy bars, and dietary supplements, making it highly popular among health-conscious consumers. Spirulina powder is also preferred in the nutraceutical and functional food industries for its high concentration of proteins, vitamins, and antioxidants. Its cost-effectiveness and ease of packaging and transportation further contribute to its widespread adoption. 

Key players are focusing on product innovation, strategic partnerships, and geographic expansion to strengthen their market position. For instance, in November 2022, GNT expanded its EXBERRY range with the launch of a new green powder coloring made from turmeric and spirulina. The new product, EXBERRY Shade Bright Green – Powder, offers vibrant bluish green hues for dry applications like bakery mixes and seasonings. Made from plant-based ingredients using traditional physical processing, it is classified as a food ingredient rather than an additive in many regions, including the EU.

Spirulina Market Geographical Share

North America's Significant Share in the Market Attributed to High Health Awareness and Demand for Natural Supplements

North America holds a significant share in the global Spirulina market due to growing health awareness and a strong demand for natural, plant-based supplements. The region has a well-established nutraceutical industry, supported by increasing consumer preference for superfoods and functional ingredients. Spirulina's rich nutritional profile aligns with the rising trend of preventive healthcare and wellness-focused lifestyles.

The presence of major market players and ongoing R&D efforts further drives innovation and product diversification. The US, in particular, leads the region with high adoption rates and investment. For instance, in April 2024, Spirulina Mater, a renowned producer of high-quality spirulina, announced its official launch on Walmart.com, marking its entry into the US market. Sourced from the pristine northern regions of Chile and backed by over 30 years of cultivation expertise, Spirulina Mater aims to bring premium spirulina-based superfoods to American consumers.

Sustainability Analysis

Spirulina market sustainability is driven by its organic and plant-based nature, making it an eco-friendly superfood option. As a blue-green algae, spirulina requires minimal land and water compared to traditional crops, reducing environmental impact. Its cultivation supports carbon sequestration and does not rely on synthetic fertilizers or pesticides, aligning with organic farming principles. Spirulina production also uses less energy, contributing to a lower carbon footprint. The growing demand for plant-based and natural supplements boosts their market potential sustainably. Additionally, spirulina helps address global nutrition challenges by providing a rich source of protein and nutrients without taxing ecosystems. Overall, spirulina's sustainability is rooted in its low resource use, organic production, and health benefits.

Spirulina Market Major Players

The major global players in the market include ALGATEC, DIC Corporation, Nutrex Hawaii, GNC Holdings, LLC, NOW Foods, Prolgae Spirulina Supplies Pvt. Ltd., Fuqing King Dnarmsa Spirulina Co. Ltd., Givau, Parry Wellness, Algenol and others.

Spirulina Market Key Players

Key Developments

  • On March 11, 2024, ScotBio announced the launch of SupaBlu HS, a heat-stable natural blue food colourant derived from Spirulina extract. Approved by FDA and EFSA, SupaBlu offers superior heat resistance, making it ideal for high-temperature food and beverage processes like pasteurisation and baking. It is suitable for products such as ice creams, gummies, and juices, and can also create green shades when mixed with yellow colourants like turmeric.

  • On May 15, 2025 Indian govt announced to conduct its first-ever biological experiments aboard the International Space Station (ISS) AXIOM-4 mission. Under the BioE3 Biotechnology policy launched by PM Narendra Modi, the experiments will study the impact of microgravity on edible microalgae as a sustainable space nutrition source and explore Spirulina as a superfood, comparing cyanobacteria growth in urea versus nitrate while advancing waste recycling for self-sustaining space missions. This initiative highlights India’s vision for global biotech leadership, with Indian astronaut Group Captain Shubhanshu Shukla part of the crew.

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Target Audience 2024

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FAQ’s

  • Spirulina Market Size reached US$ 640.56 million in 2024 and is expected to reach US$ 1,205.98 million by 2032

  • Key players are ALGATEC, DIC Corporation, Nutrex Hawaii, GNC Holdings, LLC, NOW Foods, Prolgae Spirulina Supplies Pvt. Ltd., Fuqing King Dnarmsa Spirulina Co. Ltd., Givau, Parry Wellness, Algenol.
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