The Spirulina market is projected to grow from USD 651.35 million in 2024 to approximately USD 1,458.34 million by 2032, exhibiting a compound annual growth rate (CAGR) of 10.6% during the forecast period

Key Market Drivers

• Nutritional Benefits: Spirulina is rich in protein, vitamins, and minerals, making it a popular dietary supplement.​
• Sustainability: As a low-resource crop, Spirulina offers a sustainable alternative to traditional protein sources.​
• Rising Health Awareness: Increased consumer focus on health and wellness is driving demand for natural supplements like Spirulina.​

Market Segmentation

• By Type:
• Arthrospira platensis
• Arthrospira maxima
• By Form:
• Powder
• Tablets & Capsules
• Liquid
• Granules & Gelling Agents
• By Application:
• Food & Beverages
• Nutraceuticals
• Animal and Aquaculture Feed
• Pharmaceuticals
• Veterinary
• Cosmetics
• Others

Regional Insights

• United States: The U.S. Spirulina market is expected to grow from USD 364.58 million in 2025 to USD 932.78 million by 2032, with a CAGR of 9.85%.​
• Germany: Valued at USD 38.71 million in 2024, the German market is projected to grow at a CAGR of 5.7% through 2032.​
• China: With a market size of USD 76.2 million in 2024, China's Spirulina market is anticipated to reach USD 97.8 million by 2032, growing at a CAGR of 4.1%.​

Industry Developments

• DIC Corporation: In 2022, invested approximately $9 million in environmental projects to produce edible blue-green algae, including Spirulina and LINABLUE, a natural blue food coloring.​
• Haryana Government (India): Initiated a six-month pilot program in 2023 to introduce Spirulina-based products aimed at combating childhood malnutrition.​

Conclusion

The Spirulina market is poised for significant growth, driven by its nutritional benefits, sustainability, and increasing health consciousness among consumers. Regional markets like the U.S., Germany, and China are expected to contribute substantially to this growth trajectory.​