Spirulina represents a biomass of cyanobacteria that can be consumed by humans and other animals. Arthrospira plantensis and Anthrospira maxima are two main species of spirulina which are being further processed for various applications. Further, Arthrospira is used in dietary supplements and also used as whole food. It is available in tablet, capsule, flakes, powder, and liquid form. Moreover, spirulina is also used as a feed supplement in aquarium, aquaculture, and poultry industries widely.
The global spirulina market is driven by the growing demand for natural food colors produced from spirulina. The natural health benefits of spirulina super food, such as it helps to balance body’s pH, reducing inflammation throughout the body in a safe and chemical-free way. Further, stringent regulations on synthetic colors and flavors is expected to boost the growth of global spirulina market. Moreover, due to the growing malnutrition across the globe, the government is involved in initiatives, to increase the production of spirulina, which will augment the growth of global spirulina market over the forecast period.
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The key players of global spirulina market are- Cyanotech Corporation, DIC Corporation, Chr. Hansen Holding A/S, Dongtai City Spirulina Bio-engineering Co., Ltd., Algenol Biofuels Inc., Prolgae, Sensient Technologies Corporation, Parry Neutraceuticals, DDW Inc., Naturex S.A., and Algatec. Further, to increase the spirulina market demand globally, the manufacturers are focusing to develop and launch new varieties of natural food colors produced from spirulina.
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