What’s green that tastes like an ocean and is completely loaded with the potential to keep your body running at top-notch? Yes, it is algae spirulina. Spirulina is one of the most prevalent supplements and is considered one of the oldest life forms on earth. It contains different nutrients and antioxidants that may benefit your body and brain.
Spirulina is packed with proteins and vitamins, making it a convenient dietary supplement for people on vegetarian and vegan diets. It is typically available in tablet, capsule, or powder form and is a standard ingredient in household snacks like popcorn, energy bars, and smoothies. With so many benefits, customers’ demand for the spirulina protein market is rising.
This article discusses the growing market of spirulina protein, what it is, and the potential benefits of adding spirulina to the diet.
What is Spirulina?
The spirulina is a blue-green algal plant seen in salty lakes and oceans. It is very healthy but usually ignored or misunderstood. Spirulina is generally found in the waters of warmer weather.
Due to its sore flavor, spirulina is often blended with juice, yogurt, and smoothies to sweeten the flavor. It is commonly sold at health food stores as a supplement. According to the research, the global spirulina protein market was valued at USD 426.16 million in 2022 and is expected to grow to USD 1,036.98 million at a CAGR of 9.3% during the forecast period 2032.
What are the Top Health Benefits of Spirulina
Here’s a glimpse at some of the spirulina’s potential health benefits.
- Exceptional nutritional profile
- Reduces high blood pressure
- Relieves seasonal allergies
- Good source of plant protein
- Protects eye health
The Market Growth Drivers
The consumption of healthy food products and dietary supplements has significantly increased due to the rapid rise in the prevalence of chronic diseases, the ongoing population growth in the world, and changes in personal lifestyles. These factors are the main drivers of spirulina market growth globally.
Furthermore, the pharmaceutical and cosmetics industries have seen a significant increase in the need for algae-based products, as these products help to improve the elasticity and supplements of human skin and stimulate the renewal of various damaged skin cells, leading to a significant increase in spirulina protein market demand.
Arthrospira Plantesis Sector Accounts for the Largest Market Share
The market sector’s expansion can be due to the widespread adoption of spirulina as a superfood and the quickening rise in healthcare awareness. Arthrospira is also widely grown all over the world, utilized as a whole food and dietary supplement, and is easily accessible in a variety of forms, including tablet, flake, and powder, which in turn is driving the expansion of the sector market.
Moreover, the product is a significant nutritional supplement due to its high protein content, polyphenols, vitamins, carotenoids, essential fatty acids, phycocyanins, and cardio-productive and antioxidant activity. These are the main factors anticipated to fuel demand and drive the spirulina protein market growth.
The Functional Foods and Beverages Sector is Expected to Witness the Highest Growth
The acceptance of functional foods & beverages as food ingredients are expected to rise over the forecasted period due to their accessibility, sustainability of production, wide range of bioactive and extraordinary nutritional properties, and numerous useful functions. Due to spirulina’s vast spectrum of health-promoting properties and growing consumer awareness of natural foods versus synthetic foods, the market for natural food colors is expanding and in high demand.
The Market’s Leading Regions
Due to the dietary supplement market growth, the need to end malnutrition, and favorable climatic conditions in nations like China, India, and Indonesia, the Asia Pacific region is predicted to grow at the highest growth rate and become the fastest-growing global market.
Moreover, the spirulina protein industry growth in North America is largely related to the availability of a developed healthcare system, the demand for food colorings made from naturally occurring substances, and the presence of the top manufacturers in the globe.
Wrap Up
Several minerals and antioxidants in spirulina may make it useful for curing or preventing several ailments, resulting in the increased demand for the spirulina protein market worldwide.