Challenges: High production costs and limited resources

As an emerging industry, high production costs and limited resources continue to restrict mass cultivation of spirulina. In addition, strict regulations and quality standards set by different countries also increase compliance burdens. Furthermore, consumer’s associate spirulina as a niche health food product, and wider acceptance will require further research demonstrating its health benefits as well as taste improvements.

Opportunities: Increasing consumer awareness & rising prevalence of chronic diseases

Increasing consumer awareness about the nutritional value and therapeutic properties of spirulina is driving its demand worldwide. Rising prevalence of chronic diseases will boost its application in pharmaceuticals and nutraceuticals. Moreover, spirulina is increasingly recognized as a sustainable super food and natural colorant, offering opportunities for product innovation and development across new application segments.

Spirulina Market Report Snapshots