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Global Spirulina Extract Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
A kind of blue-green algae known as spirulina has a high nutritional value and has been used as food since ancient times. It is a whole biological product made up of dried cyanobacterium Arthrospira biomass, which are minute filamentous organisms that are found in large quantities in nearly mono-algal forms in very alkaline lakes. Spirulina is obtained from a variety of plants, flowers, and microalgae. Numerous substances, including phycocyanin, phenolics, and polysaccharides, are abundant in spirulina. It has anti-inflammatory, immune stimulating, and antioxidant properties. Spirulina may be utilised in a variety of goods, including food, medications, cosmetics, and personal care items.
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Europe is projected to have the highest CAGR over the forecast period, owing to scientific and technological advancements. Huge scientific and technical advancements are made for the study of microalgae use in dietary supplements and health foods. This industry is dealing with a growth in the use of phycocyanin in the production of nutritional and medicinal goods. The market demand is also being fuelled by an increase in the popularity of natural blue colourants as well as investments made in the phycocyanin sector by top colour companies.
Some of the key players profiled in the Spirulina Extract Market include Sensient Technologies Corporation, BASF SE, Royal DSM, DIC Corporation- Earthrise Nutritionals, Dohler Group, E.I.D. Parry (India) Limited., Chr. Hansen A/S, Allied Biotech Corporation, C.B.N. Spirulina Canada Co., Ltd, Naturex SA, GNT International B.V., Archer Daniels Midland Company, BioconColours, Kalsec Inc, ROHA, Givaudan (DDW - the Color House) and Symrise AG.
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