Europe Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Forecast to 2030

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. 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 are the key factors driving the growth of the Europe spirulina market. Furthermore, the growing demand for phycocyanin and increasing consumer awareness regarding clean-label products are expected to offer significant opportunities for the players operating in this market.

Strict Regulations for the Use of Synthetic Colors and Flavors to Drive the Growth of the Europe Spirulina Market

In recent years, the amount of coloring used in food products has increased drastically. This shift is attributed to manufacturers’ growing emphasis on making food products look more appealing and last longer and attracting as many customers as possible. Synthetic colors and flavors are produced through chemical reactions. While permitted synthetic colors are safe for consumption, some vibrant synthetic colors are harmful to human health.

Moreover, the European Food Safety Authority (EFSA) has banned the use of synthetic colors in products consumed in EU countries. These factors have boosted the demand for natural colors. Developing countries in the region have recognized the need to control the use of food colorants. Moreover, in developed countries, producers of food colors are required to follow strict regulations related to regional and national health and safety for product approvals, which ultimately increases the costs and impacts the demand for the final products. Blue Spirulina has become the most popular color in Europe due to its features and texture and is primarily used in the food & beverage industry.

Thus, strict regulations for the use of synthetic colors and flavors have boosted the demand for natural colorants, including spirulina, driving the growth of this market.

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Key Findings in the Europe Spirulina Market Study:

In 2023, the Powder Segment to Dominate the Europe Spirulina Market

Based on product type, in 2023, the powder segment is expected to account for the largest share of the Europe spirulina market. The large market share of this segment is attributed to rising demand for spirulina powder among nutraceutical manufacturers due to growing health consciousness among consumers, the increasing use of spirulina powder as an ingredient in various food & beverage products, the growing popularity of vegan diets, and the increasing incorporation of herbal ingredients in cosmetic products.

However, the phycocyanin segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly driven by the increased adoption of phycocyanin in the manufacturing of therapeutic & nutritional products, growing reluctance toward the usage of synthetic colors, rising demand for natural blue colorants, and investments from leading color houses in the phycocyanin space.

In 2023, the Business Channel Segment to Dominate the Europe Spirulina Market

Based on distribution channel, in 2023, the business channel segment is expected to account for the largest share of the Europe spirulina market. The large market share of this segment is attributed to the direct purchase of large quantities of spirulina by nutraceutical, food & beverage, and animal feed manufacturers, among others, from the business channel for further product development.

The Nutraceuticals Segment to Witness Highest Demand During the Forecast Period

Based on application, in 2023, the nutraceuticals segment is expected to account for the largest share of the Europe spirulina market. The large market share of this segment is attributed to the booming nutraceuticals sector, growing health concerns of the aging population in various countries, growing desire for natural alternatives to traditional pharmaceutical products, and increased awareness among consumers on the link between nutrition and health.

Moreover, it is also expected to witness significant growth during the forecast period, owing to the rising demand for functional and healthy foods and the growing prevalence of lifestyle-related diseases & people taking preventive healthcare measures.  

In 2023, France is Expected to Dominate the Europe Spirulina Market

Based on geography, the Europe spirulina market is segmented into France, Germany, the U.K., Italy, Spain, the Netherlands, Denmark, Sweden, and the Rest of Europe. In 2023, France is expected to account for the largest share of the Europe spirulina market. The large share of this market is mainly attributed to the scientific and technological developments in microalgae research for various dietary supplements; growing awareness among consumers for natural food products; increasing cases of chronic diseases such as obesity, diabetes, and heart disease; and rising stringent regulations against synthetic colors.

However, the Netherlands is slated to register the highest growth rate during the forecast period. The growth of this market is mainly driven by the country’s well-organized and mature food industry, a rising number of food manufacturing companies, and growing health awareness among consumers.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market participants in the Europe spirulina market between 2019 and 2023. The key players profiled in this Europe spirulina market study are DIC Corporation (Japan), E.I.D. - Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited) (India), C.B.N. Bio-Engineering Co., Ltd (China), Givaudan SA (Switzerland), Fuqing King Dnarmsa Spirulina Co., Ltd. China), Zhejiang Binmei Biotechnology Co., Ltd. (China), Cyanotech Corporation (U.S.), JIANGSHAN COMP SPIRULINA CO., LTD (China), TAIWAN WILSON ENTERPRISE INC. (Taiwan), Bluetec Naturals CO., LTD. (China), AlgoSource (France), Far East Microalgae Industries, Co., Ltd. (FEMICO) (Taiwan), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Necton S.A. (Portugal), YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (Yunnan Spirin Biotechnology Co. Ltd) (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Roquette Klötze GmbH & Co. KG (Germany), Tianjin Norland Biotech Co., Ltd (China), Allmicroalgae Natural Products S.A. (Portugal), Qingdao Haizhijiao Biotechnology Co., Ltd (China), BlueBioTech Group (Germany), Aliga Microalgae (Denmark), SPIFORM (France), Vedan Biotechnology Corporation (Taiwan), ALGALIMENTO SL (Spain), Aurospirul (India), Hangzhou OuQi Food co., Ltd. (China), Clos Sainte Aurore (France), Sea & Sun Organic GmbH (Subsidiary of Sea & Sun Technology GmbH) (Germany), Pond Technologies Inc. (Canada), Xi’an Fengzu Biological Technology Co., Ltd.(FZBIOTECH)(China), and Spirulina La capitelle (France).

Scope of the Report:

Europe Spirulina Market Assessment—by Product Type

• Powder
• Tablets
• Capsules
• Flakes
• Phycocyanin
• Frozen Spirulina

Europe Spirulina Market Assessment—by Distribution Channel               

• Business Channel
• Consumer Channel

Europe Spirulina Market Assessment—by Application    

• Nutraceuticals
• Food & Beverages
• Animal Feed
• Cosmetics
• Agriculture

Europe Spirulina Market Assessment—by Geography

• France
• Germany
• U.K.
• Italy
• Spain
• Netherlands
• Denmark
• Sweden
• Rest of Europe (RoE)

Key Questions Answered in the Report: