QYResearch Reviewed: The global spirulina sales revenue is expected to grow at a CAGR of 3.87% from 2016 to 2022
Full Report Link: http://www.qyresearchglobal.com/goods-1187193.html According to QYResearch, As for consumption market, the global market sales were 11937 MT spirulina in 2016, which was much higher than that of 8513MT in 2011. The global sales revenue was 100.34 M USD in 2016, and is expected to grow at a CAGR of 3.87% from 2016 to 2022.
Full Report Link: http://www.qyresearchglobal.com/goods-1187193.html According to QYResearch, As for consumption market, the global market sales were 11937 MT spirulina in 2016, which was much higher than that of 8513MT in 2011. The global sales revenue was 100.34 M USD in 2016, and is expected to grow at a CAGR of 3.87% from 2016 to 2022.
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<strong>QYResearch</strong> <strong>Reviewed</strong>: <strong>The</strong><br />
<strong>global</strong> <strong>spirulina</strong> <strong>sales</strong> <strong>revenue</strong><br />
<strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>grow</strong> <strong>at</strong> a<br />
<strong>CAGR</strong> <strong>of</strong> <strong>3.87%</strong> <strong>from</strong> <strong>2016</strong><br />
<strong>to</strong> <strong>2022</strong><br />
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<strong>QYResearch</strong><br />
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Inform<strong>at</strong>ion Consulting<br />
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<strong>QYResearch</strong><br />
Spirulina <strong>is</strong> a microscopic spiral shaped bluegreen<br />
vegetable algae which <strong>grow</strong>s in<br />
mineral-rich freshw<strong>at</strong>er and saltw<strong>at</strong>er<br />
sources. It provides an abundance <strong>of</strong> protein,<br />
vitamins, minerals, trace minerals, essential<br />
f<strong>at</strong>ty acids, phy<strong>to</strong>nutrients, and antioxidants.<br />
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<strong>QYResearch</strong><br />
<strong>The</strong> <strong>spirulina</strong> industry <strong>is</strong> highly concentr<strong>at</strong>ed. In the world wide, giant manufacturers<br />
mainly d<strong>is</strong>tribute in China and Unite St<strong>at</strong>es. China has a long h<strong>is</strong><strong>to</strong>ry and unshakable<br />
st<strong>at</strong>us in th<strong>is</strong> industry, like DIC, King Dnarmsa, CBN, Spirin and Green-A, both have<br />
perfect products. In China, the manufacturers focus in Yunnan and Shandong province.<br />
According <strong>to</strong> <strong>QYResearch</strong>, As for consumption market, the <strong>global</strong> market <strong>sales</strong> were<br />
11937 MT <strong>spirulina</strong> in <strong>2016</strong>, which was much higher than th<strong>at</strong> <strong>of</strong> 8513MT in 2011. <strong>The</strong><br />
<strong>global</strong> <strong>sales</strong> <strong>revenue</strong> was 100.34 M USD in <strong>2016</strong>, and <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>grow</strong> <strong>at</strong> a <strong>CAGR</strong> <strong>of</strong><br />
<strong>3.87%</strong> <strong>from</strong> <strong>2016</strong> <strong>to</strong> <strong>2022</strong>.<br />
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<strong>QYResearch</strong><br />
<strong>The</strong> <strong>sales</strong> market mainly focus on the China, USA, India, Japan and Europe etc. region. In<br />
2013, the U.S. Food and Drug Admin<strong>is</strong>tr<strong>at</strong>ion approved the use <strong>of</strong> phycocyanin as a n<strong>at</strong>ural<br />
colorant in food and beverage products. Since then, demand has r<strong>is</strong>en dram<strong>at</strong>ically,<br />
particularly in the Americas and Europe. In <strong>2016</strong>, China was the leader consumption region<br />
with the <strong>sales</strong> market share <strong>of</strong> 39.14%. USA was the second <strong>sales</strong> market with <strong>sales</strong> share<br />
20.24% in <strong>2016</strong>.<br />
<strong>The</strong> price <strong>of</strong> <strong>spirulina</strong> was decreasing recent years; also the gross margin decreased. It <strong>is</strong><br />
expect th<strong>at</strong> the price <strong>is</strong> also decreasing in future. <strong>The</strong> gross margin <strong>is</strong> about 12%-16% in<br />
<strong>2016</strong>, while the <strong>global</strong> average <strong>spirulina</strong> price <strong>is</strong> about 8406 USD/MT.<br />
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<strong>QYResearch</strong><br />
Th<strong>is</strong> industry <strong>is</strong> affected by the economy and<br />
policy, so it’s important <strong>to</strong> put an eye on<br />
economic indexes and leaders’ prefer. With<br />
the <strong>global</strong> economic recovery, more and more<br />
people pay <strong>at</strong>tention <strong>to</strong> health, especially in<br />
developed regions th<strong>at</strong> have a large popul<strong>at</strong>ion<br />
and fast economic <strong>grow</strong>th, the need <strong>of</strong><br />
<strong>spirulina</strong> will increase.<br />
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<strong>QYResearch</strong><br />
<strong>QYResearch</strong> tend <strong>to</strong> believe th<strong>is</strong> industry now<br />
<strong>is</strong> close <strong>to</strong> m<strong>at</strong>ure, and the consumption<br />
increasing degree will show a smooth curve. On<br />
product prices, the slow downward trend in<br />
recent years will maintain in the future, as<br />
competition intensifies, prices gap between<br />
different brands will go narrowing. Similarly,<br />
there will be fluctu<strong>at</strong>ion in gross margin.<br />
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