Asia-Pacific Spirulina Extract Market Size and Share

Asia-Pacific Spirulina Extract Market (2025 - 2030)
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Asia-Pacific Spirulina Extract Market Analysis by Mordor Intelligence

The Asia-Pacific spirulina extract market size is estimated to be valued at USD 223.00 million in 2025 and is projected to reach USD 393.88 million by 2030, registering a 12.05% CAGR. The rising demand for clean-label blue colorants, plant-based protein fortification, and sustainability-aligned ingredients continues to drive strong momentum. Regional producers benefit from cost-competitive open-pond cultivation in China and India, expanding photobioreactor investments in South Korea and Japan, and government incentives that de-risk private capital flows into microalgae. Rapid adoption of phycocyanin in ready-to-drink beverages, dairy alternatives, and K-beauty formulations widens end-use diversity, while heat-stable extraction technologies mitigate previous processing barriers. Competitive strategies revolve around vertical integration, patented stabilization methods, and multi-certification portfolios that satisfy diverse import rules across China, India, Japan, South Korea, Australia, and the Association of Southeast Asian Nations (ASEAN) nations.

Key Report Takeaways

  • By nature, conventional products captured 78.28% of the Asia-Pacific spirulina extract market share in 2024, whereas organic variants are on track to expand at a 12.65% CAGR through 2030.
  • By application, the food and beverage segment led with 35.51% revenue in 2024; cosmetics and personal care exhibit the highest growth at 13.45% CAGR to 2030.
  • By geography, China held 41.87% of 2024 revenues; South Korea is forecast to record a 12.98% CAGR between 2025-2030.

Segment Analysis

By Nature: Organic Certification Drives Premium Positioning Despite Conventional Dominance

Conventional spirulina extract is projected to maintain a significant 78.28% share of the Asia-Pacific market in 2024, supported by cost efficiency, established supply chains, and adaptability for high-volume applications prioritizing affordability. Leading producers such as Yunnan Green A, Chenghai Paul, and Hainan DIC leverage advanced cultivation techniques and optimized production protocols to deliver consistent output at costs 30-50% lower than organic alternatives. This cost advantage ensures a steady supply for price-sensitive sectors, including animal feed and aquaculture, where spirulina is valued as a natural pigment and immune booster without the need for organic certification. Additionally, in mass-market supplements and industrial food colorants, conventional extracts meet demand for consistent quality at competitive pricing, allowing organic variants to focus on niche, premium markets.

Organic spirulina extract, while holding a smaller market share, is expected to grow at a compound annual growth rate (CAGR) of 12.65% through 2030. This growth is driven by increasing demand for certified products in supplements, functional foods, and cosmetics, where organic certification supports premium pricing and appeals to consumers seeking clean-label products. Certifications such as USDA Organic, EU Regulation 2018/848, and ASEAN's ACT Organic ensure compliance with stringent standards, enabling access to export markets and upscale retail channels. Companies like T Far East Bio-Tec Co., Ltd. (FEBICO) cater to this demand, positioning organic spirulina as a premium ingredient in high-end supplements and vegan functional products. This dual-market structure allows conventional spirulina to address bulk demand while organic spirulina captures growth in lifestyle-focused categories.

Asia-Pacific Spirulina Extract Market: Market Share by Nature
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By Application: Cosmetics Surge Outpaces Food and Beverage's Volume Leadership

Food and beverage applications are expected to account for 35.51% of spirulina extract demand in 2024, driven by its dual functionality as a natural blue colorant and protein fortifier. These applications span dairy alternatives, beverages, confections, and ready-to-eat cereals, where clean-label preferences influence formulation decisions. For example, Givaudan Sense Colour's COLOR BLUE SPIRU WS10, a water-soluble liquid spirulina extract stabilized with glycerin, trehalose, and sodium citrate, meets regulatory and consumer requirements for transparency. Certified as Halal, Kosher, Non-GMO, and allergen-free, it provides vibrant blue hues for mass-market products. This demand base in food and beverage complements pharmaceutical and supplement uses, where spirulina's antioxidant, anti-inflammatory, and immunomodulatory properties support typical human doses of 1-2 grams per day, with tolerability up to 10 grams, enabling cross-category nutritional fortification strategies.

Animal feed applications further strengthen spirulina's market position by utilizing lower-grade biomass for natural pigmentation in aquaculture, poultry, and livestock, enhancing egg yolk color, fish skin vibrancy, and immune function. China's Ministry of Agriculture's endorsement of spirulina in its official feed catalogue has scaled its integration into conventional production chains, absorbing excess supply and stabilizing pricing for upstream innovations. Meanwhile, the cosmetics and personal care segment is projected to grow at a CAGR of 13.45% through 2030, driven by spirulina's phycocyanin content, which supports anti-aging and skin barrier formulations. Verified suppliers like Algatechnologies provide phycocyanin-rich extracts tailored for premium cosmetics, enabling brands to unify ingredient narratives across beauty-from-within supplements and topical products, further enhancing spirulina's versatility in the Asia-Pacific market.

Asia-Pacific Spirulina Extract Market: Market Share by Application
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Geography Analysis

China holds a commanding 41.87% share of the spirulina extract market in the Asia-Pacific region in 2024, driven by its large-scale cultivation infrastructure, cost-efficient production, and strong domestic demand across food, feed, and nutraceutical applications. Major production centers in Yunnan Province (Chenghai Lake), Hainan Island, and Inner Mongolia utilize alkaline lake environments, abundant sunlight, and established supply chains to achieve economies of scale. The Ministry of Agriculture's decision to include spirulina in China's official feed catalogue has significantly increased demand in the aquaculture and poultry sectors. Additionally, government support for biotechnology and natural product industries creates a favorable environment for capacity expansion and technological advancements.

India has emerged as a key production and export hub, led by E.I.D. Parry's vertically integrated operations in Tamil Nadu and supported by government initiatives such as NITI Aayog's seaweed and microalgae strategy, the Department of Biotechnology-TERI Centre of Excellence, and BIRAC's product development programs. In November 2024, Parry Nutraceuticals obtained certification for food and beverage applications, enabling the company to expand its market presence beyond supplements to include functional foods and natural colorants. India's cost advantages in labor and land, combined with FSSAI's regulatory framework for spirulina as a dietary supplement, position the country as a competitive supplier for both organic and conventional segments. However, challenges such as gaps in cold-chain logistics and analytical testing infrastructure continue to impact quality consistency and export growth.

South Korea is projected to be the fastest-growing market, with a 12.98% CAGR forecasted from 2025 to 2030. This growth is attributed to increasing health supplement consumption, the rise of K-beauty trends, and a strong consumer preference for plant-based and clean-label products. Spirulina's natural blue color, high protein content, and proven bioactivity align well with these trends, making it a sought-after ingredient in dietary supplements and cosmetics. Korean brands, known for their innovative use of ingredients and clinical validation, are driving this momentum. Meanwhile, Japan continues to exhibit stable demand, supported by DIC Corporation's long-standing spirulina operations and consumer familiarity with spirulina's health benefits, which are marketed based on nutritional density, antioxidant properties, and natural sourcing.

Competitive Landscape

The spirulina extract market in the Asia-Pacific region is moderately fragmented, with multinational ingredient suppliers and regional specialists competing through distinct strengths. Multinational companies such as DIC Corporation, Sensient Technologies, and Givaudan (post-Naturex acquisition) leverage global distribution networks and technical expertise to ensure consistent quality and regulatory compliance. Their diversified natural-color portfolios enable seamless integration of spirulina extract into premium applications, addressing high-end demands. Meanwhile, regional specialists like E.I.D. Parry (India), Zhejiang Binmei, Yunnan Green A, Fuqing King Dnarmsa, and Cyanotech capitalize on proximity to cultivation sites, lower production costs, and local regulatory knowledge to secure bulk supply contracts and cater to price-sensitive segments.

Vertical integration strategies are pivotal for both multinational and regional players, enabling control over quality and costs while meeting application-specific needs such as heat-stable phycocyanin for beverages. Capacity expansions in China and India by companies like Yunnan Green A and E.I.D. Parry enhances supply reliability and supports the transition from raw biomass to value-added extracts, reducing dependency risks. Technological advancements, including microencapsulation for improved stability in cosmetics and beverages, further drive innovation. For instance, Cyanotech’s phycocyanin developments enhance shelf-life and bioavailability, supporting diverse end-use applications.

Collaborative partnerships between suppliers and food and cosmetics brands are central to market strategies. Multinationals like Givaudan work with regional players to develop tailored phycocyanin blends, combining global research and development expertise with local sourcing efficiencies. Similarly, Novonesis' alliances with Asia-Pacific beauty firms for spirulina-based actives link advancements in extraction purity to brand-specific formulations, driving adoption in cosmetics while stabilizing food colorant volumes. These strategic moves, including DIC Corporation’s heat-stable offerings, expand spirulina’s applications from conventional feeds to premium functional products, sustaining innovation and moderate fragmentation in the market.

Asia-Pacific Spirulina Extract Industry Leaders

  1. DIC Corporation

  2. Fuqing King Dnarmsa Spirulina Co. Ltd.

  3. E.I.D. Parry (India) Ltd.

  4. Zhejiang Binmei Biotechnology Co. Ltd.

  5. Sensient Technologies Corp.

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Spirulina Extract Market Analysis
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Recent Industry Developments

  • February 2025: Indonesia promoted the utilization of marine biopharmaceuticals across the healthcare, cosmetics, and nutraceutical industries to leverage its extensive marine and fisheries resources. According to the Director General of Marine and Ocean Space Management, this initiative sought to strengthen national pharmaceutical resilience while supporting coastal communities engaged in the supply chain of natural medicinal ingredients. The country possessed abundant marine resources suitable for biopharmaceutical development, including spirulina, fish oil, albumin, squalene, and sea cucumber extract.
  • October 2024: Parry Nutraceuticals secured an import license for its organic Spirulina from the European Union (EU). This accomplishment established Parry as the first Indian company to receive this authorization, representing a notable milestone for both the company and the industry.
  • August 2023: The Haryana government launched Spirulina-based products to address malnutrition among children. These programs were designed to reduce malnutrition and anemia among both children and women.

Table of Contents for Asia-Pacific Spirulina Extract Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising health and wellness focus, with consumers seeking nutrient-dense, antioxidant-rich ingredients
    • 4.2.2 Expanding use of spirulina extract in funmctional foods and beverages
    • 4.2.3 Rapid development of plant-based and vegan products where spirulina supports protein, color, and “plant-based” positioning
    • 4.2.4 Government and institutional initiatives in several Asia-Pacific countries
    • 4.2.5 Ongoing technological advances in extraction and stabilization that improve color intensity and shelf life
    • 4.2.6 Sustainability and production advantages
  • 4.3 Market Restraints
    • 4.3.1 Supply chain inconsistencies and contamination risks
    • 4.3.2 Fragmented heavy-metal regulations across Asia-Pacific
    • 4.3.3 Formulation challenges in cosmetics/supplements
    • 4.3.4 Limited local reaseach and development
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Nature
    • 5.1.1 Organic
    • 5.1.2 Conventional
  • 5.2 By Application
    • 5.2.1 Food and Beverage
    • 5.2.2 Pharmaceutical and Supplements
    • 5.2.3 Animal Feed
    • 5.2.4 Cosmetics and Personal Care
    • 5.2.5 Others
  • 5.3 By Country
    • 5.3.1 China
    • 5.3.2 India
    • 5.3.3 Japan
    • 5.3.4 Australia
    • 5.3.5 Indonesia
    • 5.3.6 South Korea
    • 5.3.7 Thailand
    • 5.3.8 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Positioning Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 DIC Corporation
    • 6.4.2 Earthrise Nutritionals
    • 6.4.3 Sensient Technologies Corp.
    • 6.4.4 Novonesis
    • 6.4.5 Naturex (Givaudan)
    • 6.4.6 Döhler GmbH
    • 6.4.7 BASF SE
    • 6.4.8 E.I.D. Parry (India) Ltd.
    • 6.4.9 Fuqing King Dnarmsa Spirulina Co. Ltd.
    • 6.4.10 Zhejiang Binmei Biotechnology Co. Ltd.
    • 6.4.11 Inner Mongolia Rejuve Biotech Co. Ltd.
    • 6.4.12 Cyanotech Corp.
    • 6.4.13 Dongtai City Spirulina Bio-Engineering Co. Ltd.
    • 6.4.14 Far East Microalgae Industries Co. Ltd.
    • 6.4.15 Prolgae Spirulina Supplies Pvt. Ltd.
    • 6.4.16 Yunnan Green A Biological Project Co. Ltd.
    • 6.4.17 Jiangshan Comp Spirulina Co. Ltd.
    • 6.4.18 Nan Pao International Biotech Co. Ltd.
    • 6.4.19 Bluetec Naturals Co. Ltd.
    • 6.4.20 Plankton Australia Pty Ltd.
    • 6.4.21 Seagrass Tech Pvt. Ltd.
    • 6.4.22 JUNE Spirulina (Myanmar)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Asia-Pacific Spirulina Extract Market Report Scope

Asia-Pacific spirulina extract market is segmented by application and geography. The market by application is further segmented into nutraceuticals, food, cosmetics, feed, and others. By geography, the market is segmented into India, China, Japan, Australia, and rest of Asia-Pacific. The report also provides the competitive analysis of prominent players along with their key strategies and product offerings in the respective market. 

By Nature
Organic
Conventional
By Application
Food and Beverage
Pharmaceutical and Supplements
Animal Feed
Cosmetics and Personal Care
Others
By Country
China
India
Japan
Australia
Indonesia
South Korea
Thailand
Rest of Asia-Pacific
By Nature Organic
Conventional
By Application Food and Beverage
Pharmaceutical and Supplements
Animal Feed
Cosmetics and Personal Care
Others
By Country China
India
Japan
Australia
Indonesia
South Korea
Thailand
Rest of Asia-Pacific
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Key Questions Answered in the Report

How large will Asia-Pacific spirulina extract revenues be by 2030?

The Asia-Pacific spirulina extract market is projected to reach USD 393.88 million by 2030, reflecting a 12.05% CAGR.

Which application is growing the fastest across the region?

Cosmetics and personal care lead growth at a 13.45% CAGR through 2030, fueled by phycocyanin’s anti-aging and hydration benefits.

Which country delivers the highest growth rate?

South Korea shows the fastest expansion, registering a 12.98% CAGR on the back of strong supplement uptake and K-beauty innovation.

Why are manufacturers shifting toward organic spirulina?

Certified organic spirulina secures export access and commands 50-100% retail premiums, driving a 12.65% CAGR despite higher production costs.

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