| Product Code: ETC6191772 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s import trend for spirulina extract in the Australia market experienced significant growth, with a growth rate of 116.25% from 2023 to 2024 and a compound annual growth rate (CAGR) of 39.26% from 2020 to 2024. This surge in imports could be attributed to a notable shift in consumer demand towards health and wellness products during this period.
The spirulina extract market in Australia is growing as it finds applications in pharmaceuticals, cosmetics, and dietary supplements. Its anti-inflammatory, antioxidant, and immune-boosting properties are increasing demand across wellness sectors. Research and development efforts are also enhancing extraction technologies, improving potency and bioavailability.
In Australia, the spirulina extract market is trending upward due to its applications in dietary supplements, cosmetics, and pharmaceuticals. The demand for natural colorants and antioxidant-rich ingredients is also driving growth. Manufacturers are investing in advanced extraction technologies to improve yield and purity, aligning with the clean beauty and wellness movements.
The spirulina extract market is constrained by challenges around extraction technology and consistent bioavailability. Ensuring the potency and effectiveness of active compounds post-extraction is technically demanding and expensive. Regulatory restrictions on labeling and claims further hinder widespread adoption.
With rising applications in cosmetics, pharmaceuticals, and food supplements, the spirulina extract market in Australia is ripe for innovation. Investors can focus on advanced extraction technologies and collaborations with biotech firms to improve yield and purity. Strategic partnerships with skincare and nutraceutical companies will further enhance market penetration and revenue diversification.
The spirulina extract segment is governed by the same FSANZ regulations as other food and nutraceutical products. Extracts marketed as dietary supplements may also require compliance with Therapeutic Goods Administration (TGA) standards depending on their claims. Policies around organic certification and Good Manufacturing Practices (GMP) are relevant to producers. Government funding and grants for alternative protein sources may also indirectly support this market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Spirulina Extract Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Spirulina Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Spirulina Extract Market - Industry Life Cycle |
3.4 Australia Spirulina Extract Market - Porter's Five Forces |
3.5 Australia Spirulina Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Spirulina Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of spirulina extract |
4.2.2 Growing demand for natural and organic products in the health and wellness industry |
4.2.3 Rising trend of veganism and plant-based diets in Australia |
4.3 Market Restraints |
4.3.1 High production costs associated with cultivating spirulina extract |
4.3.2 Limited availability of high-quality spirulina sources |
4.3.3 Stringent regulations and quality standards for spirulina extract production |
5 Australia Spirulina Extract Market Trends |
6 Australia Spirulina Extract Market, By Types |
6.1 Australia Spirulina Extract Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Australia Spirulina Extract Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Australia Spirulina Extract Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.1.4 Australia Spirulina Extract Market Revenues & Volume, By Food, 2021- 2031F |
6.1.5 Australia Spirulina Extract Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.1.6 Australia Spirulina Extract Market Revenues & Volume, By Feed, 2021- 2031F |
6.1.7 Australia Spirulina Extract Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Spirulina Extract Market Import-Export Trade Statistics |
7.1 Australia Spirulina Extract Market Export to Major Countries |
7.2 Australia Spirulina Extract Market Imports from Major Countries |
8 Australia Spirulina Extract Market Key Performance Indicators |
8.1 Number of new product launches containing spirulina extract |
8.2 Growth in the number of health and wellness stores stocking spirulina extract products |
8.3 Increase in consumer surveys indicating awareness and interest in spirulina extract |
8.4 Expansion of cultivation areas for spirulina in Australia |
8.5 Improvement in extraction and processing technologies for spirulina extract |
9 Australia Spirulina Extract Market - Opportunity Assessment |
9.1 Australia Spirulina Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Spirulina Extract Market - Competitive Landscape |
10.1 Australia Spirulina Extract Market Revenue Share, By Companies, 2024 |
10.2 Australia Spirulina Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |