Product Code: ETC8852264 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
This versatile product finds use in both dietary supplements and culinary applications. The local spirulina powder market is seeing a rise in online distribution and direct-to-consumer sales, driven by a growing fitness and wellness trend.
Spirulina powder is widely used as a supplement and ingredient in smoothies, energy bars, and protein powders in the Philippines. Its rich content of vitamins, minerals, and antioxidants makes it a popular choice among health-conscious individuals. The increasing trend toward plant-based diets and natural supplements is driving the demand for spirulina powder, with both domestic and international suppliers playing a significant role in the market.
The spirulina powder market in the Philippines faces similar challenges as the beverage and extract markets, primarily due to limited awareness and the relatively high cost of production. While spirulina powder is a popular supplement among health enthusiasts, it is not yet widely recognized in the mainstream market. This is partly because many consumers are unaware of the health benefits of spirulina, which hampers its widespread adoption. The production of spirulina powder is also costly, especially given the need for specialized farming and processing techniques, which increases the price of the product. Furthermore, the market is fragmented, with several local and international suppliers, making it difficult for brands to differentiate themselves and gain significant market share.
The Spirulina Powder Market in the Philippines is thriving due to the increasing demand for natural and nutrient-dense products. Spirulina powder is widely used in smoothies, protein powders, and health supplements. Investment opportunities in this market lie in setting up spirulina cultivation facilities that meet international organic certification standards. Additionally, developing innovative packaging solutions, such as eco-friendly or single-serving sachets, can make the product more accessible to a broader range of consumers, while education on its health benefits can boost its popularity.
Spirulina powder production is promoted under the Department of Agriculture`s aquaculture and micro-algae farming initiatives. The DOST supports technology development and training on drying and powder formulation processes. The FDA ensures compliance with food safety regulations, while DTI helps small producers scale up operations and access international buyers through trade facilitation programs.
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 Philippines Spirulina Powder Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Spirulina Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Spirulina Powder Market - Industry Life Cycle |
3.4 Philippines Spirulina Powder Market - Porter's Five Forces |
3.5 Philippines Spirulina Powder Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Philippines Spirulina Powder Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Philippines Spirulina Powder Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Spirulina Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Spirulina Powder Market Trends |
6 Philippines Spirulina Powder Market, By Types |
6.1 Philippines Spirulina Powder Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Philippines Spirulina Powder Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Philippines Spirulina Powder Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Philippines Spirulina Powder Market Revenues & Volume, By Tablets/ Capsules, 2021- 2031F |
6.1.5 Philippines Spirulina Powder Market Revenues & Volume, By Liquid and Granules, 2021- 2031F |
6.2 Philippines Spirulina Powder Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Philippines Spirulina Powder Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.3 Philippines Spirulina Powder Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.2.4 Philippines Spirulina Powder Market Revenues & Volume, By Cosmetics & Personal Care, 2021- 2031F |
6.2.5 Philippines Spirulina Powder Market Revenues & Volume, By Feed and Pharmaceutical, 2021- 2031F |
6.3 Philippines Spirulina Powder Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Spirulina Powder Market Revenues & Volume, By The Super Stores, 2021- 2031F |
6.3.3 Philippines Spirulina Powder Market Revenues & Volume, By Department Stores, 2021- 2031F |
6.3.4 Philippines Spirulina Powder Market Revenues & Volume, By Grocery and Online Retailers, 2021- 2031F |
7 Philippines Spirulina Powder Market Import-Export Trade Statistics |
7.1 Philippines Spirulina Powder Market Export to Major Countries |
7.2 Philippines Spirulina Powder Market Imports from Major Countries |
8 Philippines Spirulina Powder Market Key Performance Indicators |
9 Philippines Spirulina Powder Market - Opportunity Assessment |
9.1 Philippines Spirulina Powder Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Philippines Spirulina Powder Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Philippines Spirulina Powder Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Spirulina Powder Market - Competitive Landscape |
10.1 Philippines Spirulina Powder Market Revenue Share, By Companies, 2024 |
10.2 Philippines Spirulina Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |