The Europe Spirulina Market is expected to reach $156.61 million by 2030, at a CAGR of 13.3% from 2023 to 2030, while in terms of volume, the market is expected to reach 8,308.8 tons by 2030, at a CAGR of 7.5% from 2023 to 2030.
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The growth of this market is driven by the increasing health & wellness trends and the growing food supplements industry, the rising demand for natural food colors, the positive environmental impact of spirulina cultivation, strict regulations for the use of synthetic colors and flavors, the growing preference for spirulina-sourced products, and the increasing use of spirulina in aquaculture.
Here are the top 10 companies operating in the Europe Spirulina Market
https://meticulousblog.org/top-10-companies-in-europe-spirulina-market/
Givaudan SA (Switzerland)Founded in 1895 and headquartered in Vernier, Switzerland, Givaudan manufactures flavors, fragrances and active cosmetic ingredients. The company operates through two business segments, namely, Taste & Wellbeing and Fragrance & Beauty. The company offers phycocyanin products through its two subsidiaries Naturex S.A. (France) and DDW, Inc. (U.S.).
Naturex S.A. is engaged in sourcing, producing, and selling natural ingredients for the food, health, and beauty sectors. The company’s new extraction line has boosted its spirulina production capacity. This expansion of Naturex’s manufacturing capacity has been designed to meet the growing global demand for clean-label blues and greens.
DIC Corporation (Japan)Founded in 1908 and headquartered in Tokyo, Japan, DIC specializes in the manufacturing of printing inks and also produces organic pigments and synthetic resins. The company offers its products to the automotive, electronics, food, and housing industries. It operates in three business segments, namely, Packaging & Graphic, Functional Products, and Color & Display. The Color & Display segment offers spirulina and phycocyanin.
3.Cyanotech Corporation (U.S.)
Founded in 1983 and headquartered in Kailua-Kona, U.S., Cyanotech is engaged in the cultivation and production of natural products derived from microalgae for health and human dietary supplements. The company operates through three business segments, namely, Natural Astaxanthin Products, Spirulina Products, and Contract Extraction Services. The company has microalgae cultivation ponds and offers spirulina in powder and tablet forms and astaxanthin in the form of oleoresin, powder, and soft gels.
4.. E.I.D. – Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited) (India)
Founded in 1788 and headquartered in Chennai, India, E.I.D. – Parry is engaged in the manufacturing of sugar, biopesticides, and nutraceuticals. The company’s four product segments are Sugar, Cogeneration, Distillery, and Nutraceuticals. The Nutraceuticals segment offers organic spirulina, chlorella, astaxanthin, and microalgal products.
5.. BlueBioTech Group (Germany)
Founded in 2000 and headquartered in Schleswig-Holstein, Germany, BlueBioTech is engaged in the research on microalgae and the production and distribution of microalgae. The company offers microalgae products through its subsidiaries BlueBioTech GmbH and BlueBioTech International GmbH.
Meticulous Research in its latest publication on Europe Spirulina Market has predicted the growth of 13.3% during the forecast year 2023-2030.
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SPIFORM (France)
Headquartered in Saint-Cannat, France, SpiForm is engaged in harvesting, extruding, drying, and conditioning spirulina. The farm has four basins of 100 sq. m each to produce about 400 kg of spirulina per year. It offers spirulina in the form of glitter and tablets.
Aliga Microalgae (Denmark)Founded in 2016 and headquartered in North Jutland, Denmark, Aliga is a food-tech company engaged in the development, cultivation, production and commercialization of functional and protein-rich ingredients from algae. The company provides chlorella, spirulina, and astaxanthin in powder, tablets, and paste form. The company produces industrial heterotrophic chlorella and protein-rich algae used in savory, bakery, confectionery, and dairy.
Roquette Klötze GmbH & Co. KG (Germany)Founded in 1995 and headquartered in Klötze, Germany, Roquette produces chlorella with a unique and patented cultivation method in its system of 500 kilometers of glass tubing. The company is also certified by GMP, HACCP, ISO 9001, ISO 22000, ISO 50001, and HALAL.
ALGALIMENTO SL (Spain)Founded in 2012 and headquartered in Santa Lucía de Tirajana, Spain, Algalimento produces microalgae and products. The company produces three microalgae species, namely, Tetraselmis, Spirulina, and Dunaliella, and offers algae products for the food, cosmetics, pharmaceutical, and nutraceutical sectors.
Algalimento offers Dunaliella salina products as an antioxidant for aquaculture and the extraction of carotenes such as beta-carotene and lutein. The company collaborates with other food, pharmaceutical, and nutraceutical companies to develop high-value-added products. The company has around 5.000 m² of cultivable surface.
Sea & Sun Organic GmbH (Subsidiary of Sea & Sun Technology GmbH) (Germany)Founded in 1998 and headquartered in Trappenkamp, Germany, Sea & Sun Organic develops, produces, and distributes microalgae products. The company mainly focuses on the production of natural astaxanthin from haematococcus pluvialis. It has a greenhouse facility with a total area of 5,000 m², which is used to operate an indoor pilot plant to produce microalgae and corresponding products. Furthermore, it uses open raceway ponds for the production of spirulina biomass.
Authoritative Research on the Europe Spirulina Market – Opportunity Analysis and Industry Forecast (2023-2030)
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