Spirulina is a multicellular and filamentous blue-green microalga that grows naturally in the alkaline waters of lakes, ponds, and artificially in manmade water reservoirs. It represents a biomass of microorganisms that can be consumed by humans and other animals. Due to its rich content of macro and micronutrients, Spirulina has gained considerable popularity in food and pharmaceutical industries as well as many developing and underdeveloped countries like China, India, and many African countries. Increasing health consciousness among millennials, demand for plant-based diet, and need for easy and fast nutrition has paved way for Spirulina market to flourish. Key trends identified in the global Spirulina market have increased the production of ready to drink smoothies, juices, etc. There is a surging demand for Spirulina in the bio-fuel industry replacing conventional fuels. Governments have taken initiatives for increasing the growth of Spirulina as it creates a decent income source for the rural population.
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