Spirulina Market Flourishes as Health and Sustainability Take Center Stage
Introduction
Spirulina, a blue-green microalgae, has gained popularity as a superfood due to its rich nutrient content, including protein, vitamins, and antioxidants. It has been consumed for centuries, primarily in Africa and South America, but has now found a global market. The spirulina market is expanding rapidly, and this report aims to provide an in-depth analysis of this emerging industry.
Market Size and Growth
The market for spirulina can be expected to expand at a value based CAGR of 8.0% and show an increase in revenue from US$ 215.2 Million to around US$ 465.2 Million by 2033. The increasing awareness of health and wellness, along with the growing demand for natural and plant-based products, is driving market growth.
Market Drivers
Several key drivers are contributing to the g...