The spirulina market in the United States is expected to grow at a compound annual growth rate of 4.7% over the past 2016-2023 years

The spirulina industry is highly concentrated. In the world wide, giant manufacturers mainly distribute in China and Unite States. China has a long history and unshakable status in this industry, like DIC, King Dnarmsa, CBN, Spirin and Green-A, both have perfect products. In China, the manufacturers focus in Yunnan and Shandong province.

As for consumption market, the USA market sales were 2568 MT spirulina in 2016, which was much higher than that of 1904MT in 2012. The USA sales revenue was 23.06 Million USD in 2016, and is expected to grow at a CAGR of 4.7% from 2016 to 2023.

The sales market mainly focus on the West, Southwest and the South region. In 2013, the U.S. Food and Drug Administration approved the use of phycocyanin as a natural colorant in food and beverage products. Since then, demand has risen dramatically, particularly in the Americas. In 2016, the West was the leader consumption region with the sales market share of 25.19%. Southwest was the second sales market with sales share 22.94% in 2016.

The price of spirulina was decreasing recent years; also the gross margin decreased. It is expect that the price is also decreasing in future. The gross margin is about 12%-16% in 2016, while the global average spirulina price is about 8981 USD/MT.

This industry is affected by the economy and policy, so it’s important to put an eye on economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to health, especially in developed regions that have a large population and fast economic growth, the need of spirulina will increase.

We tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The United States Spirulina Market Report 2018 report released by QYResearch provides a basic overview of the spirulina industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in United States, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the spirulina industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

To get a complete report sample from this link:           https://www.qyresearch.com/expert/xdetail/719/the-spirulina-market

The study objectives of this report are:

To study and analyze the global spirulina market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

To understand the structure of spirulina market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global spirulina manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the spirulina with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of spirulina submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

This research study focuses to product specifications, spirulina cost specifications, production capacity, distributors list, spirulina marketing channel, and detail analysis of the export/import of the product. The spirulina research document also offers raw material suppliers, cost, and downstream consumer list.

All features mentioned above is included in the spirulina Market Report 2018 which can offer solution to the difficulties to the prominent members of the spirulina market.

Additionally, the important terminologies, government policies, and regulations related to spirulina market product are added.

Contact Details:

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Tel: 0086-20-22093278(CN)

Email: sales@qyresearchglobal.com or tinaning@qyresearch.com

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