Chlorella Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1836 | Report Format : | Status : Upcoming |

Abstract

Global Chlorella Market: Overview

A micro-organism that grows in the fresh water is known as chlorella. Chlorella is green algae that have high amount of chlorophyll as compared to the other plants. It comprises several active ingredients such as RNA/DNA, fatty acids, dietary essential amino acids, beta-carotene, and also includes other vitamins and minerals. Chlorella is used for the treatment of high blood pressure, fibromyalgia, treat constipation, and high cholesterol. It is also used for treating colitis, Crohn’s disease, ulcers, and diverticulosis by adding the good bacteria in the gastrointestinal (GI) tract. The chlorella that can be used for the human consumption is cultivated under direct sunlight in freshwater ponds that are mineral rich.

Global Chlorella Market: Segmentation

The market for chlorella is fragmented into its applications and types. Based on the application, the market is segregated into the pharmaceutical industry, food and beverage industry, personal care industry, and other industries. Depending on the type, the market for chlorella is divided into inorganic and organic chlorella.

Global Chlorella Market: Growth Factors

The key factor that has contributed to the growth of the chlorella market is the rapid increase in the consumption of the cosmetic and personal care products. The use of chlorella in the cosmetic products is that it acts as an ingredient which helps in adding pigmentation. In the personal care products, which includes lotions, skin care products, and hair-care products, chlorella is the main source of chlorophyll. Another factor that has contributed to the market growth is the growing number of consumers that have become more conscious about their health is fuelling the growth of the chlorella market. Other benefits of chlorella are it aids in improving the immunity, lowers blood sugar levels, lowers the cholesterol level, reduces gastric ulcers, and increases hemoglobin concentrations. The increasing support from the government for organic farming in several regions is another factor that is responsible for the growth of the global market for chlorella. All these favorable factors have led to the rise in the cultivation of chlorella, thus driving the market globally.

Global Chlorella Market: Regional Analysis

The geographical segmentation of the chlorella market is diversified into the Middle East and Africa, North America, Asia-Pacific, Western Europe, Eastern Europe, and Latin America. The region that is dominating the chlorella market is Asia Pacific region. Asia Pacific region is both the largest consumer and producer of chlorella. In Asia-Pacific region, Japan, Korea, China, and India are the major markets for the chlorella. The leading consumer of chlorella across the world is Japan. In Europe and North America, the market for chlorella is still under development but is expected to grow significantly in the coming years.

Global Chlorella Market: Competitive Players

The key market players that are involved in the chlorella market are Vedan Enterprise, International Chlorella, Yaeyama Chlorella, Fuqing King Dnarmsa Spirulina, Jiangxi Mingjun, Dongtai City Spirulina Bio-engineering, Tianjin Norland Biotech, Sun Chlorella Corp, FEMICO, Taiwan Chlorella Manufacturing Company, Gong Bih Enterprise, Like Chlorella Biotech, Guangzhou Jinqiu Chlorella, Shandong Enkang, and Ivanqi.

Global Chlorella Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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