Spirulina Market: Rising Superfood Demand Driving 9.7% CAGR Growth by 2031
The Spirulina Market is witnessing a robust expansion as the global demand for natural and sustainable superfoods gains momentum. Recognized for its high nutritional value, Spirulina is a blue-green algae rich in proteins, vitamins, minerals, and antioxidants, making it a preferred ingredient in functional foods, dietary supplements, and animal feed. The Spirulina Market is projected to grow at a compound annual growth rate (CAGR) of 9.7% from 2025 to 2031. This growth is underpinned by shifting consumer preferences toward plant-based nutrition, increasing awareness of preventive healthcare, and the expanding application of Spirulina in cosmetics and pharmaceuticals. Key Market Drivers Fueling Spirulina Demand Several factors are catalyzing the growth of the Spirulina Market: Rising Demand for Natural Food Colors : Spirulina-derived phycocyanin is increasingly used as a natural food coloring agent, especially in beverages, confectionery, and dairy pr...