Global Spirulina Market is expected to reach USD 238.3 million by 2022, at a CAGR of 7.1% during the forecast period of 2017 to 2022. Succeeding an extensive secondary and primary research on spirulina and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, and opportunities listed in the market dynamics segment. Growing demand for natural food colors, increasing vegetarianism, stringent regulations regarding the inclusion of synthetic colors and flavors, and growing malnutrition across the globe are the factors driving the spirulina market. In addition, emergence of new application areas provides significant opportunity in this market. However, low awareness of the benefits of spirulina and challenges associated with the production of spirulina is expected to hinder the growth of the global spirulina market to some extent.
https://www.meticulousresearch.com/product/global-spirulina-market-outlook-2017-2022/
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