Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 273.56 Million | USD 503.64 Million | 7.94% | 2022 |
FrequentlyAsked Questions
Chlorophyll extract is a natural pigment derived from plants, most commonly from green vegetables like spinach, kale, and parsley. It is a vital component of photosynthesis, the process by which plants convert light energy into chemical energy to synthesize their food.
Increasing consumer awareness of health & wellness benefits, the demand for natural and plant-based products has been on the rise. Chlorophyll extract, with its verified antioxidant properties and detoxification benefits, has gathered significant attention among health-conscious people. users are enthusiastically seeking options for pharmaceuticals and synthetic supplements, leading them to discover the potential advantages of chlorophyll extract as a nutritional supplement.
According to the report, the global chlorophyll extract market size was worth around $ 273.56 million in 2022 and is predicted to grow to around $ 503.64 million by 2030.
The global chlorophyll extract market is expected to grow at a CAGR of 7.94% during the forecast period.
The global chlorophyll extract market growth is expected to be driven by North America. due to the region's increasing consumer awareness and preference for natural and plant-based products, coupled with a well-established dietary supplement and health food industry.
The global chlorophyll extract market is dominated by players like British Chlorophyll, Global Essence, Fengming Chlorophyll Co. Ltd, Knowde, Hansen, Natural Health Products (INT) Ltd, Merck Group (Sigma-Aldrich), Sensient Colors, Pioneer Herbals, and Xi an Sost Biotech Co. Ltd..
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