Chlorella is a microscopic organism that grows in fresh water. It is a single-celled green alga which has the highest chlorophyll amount as compared to other plants. It has various active ingredients such as dietary essential amino acids, fatty acids, beta-carotene, RNA/DNA, and over 20 vitamins and minerals. It is much used to treat constipation, fibromyalgia, high blood pressure, and high cholesterol. It is also useful in treating colitis, ulcers, Crohn’s disease, and diverticulosis by increasing the number of good bacteria in the gastrointestinal (GI) tract. Chlorella is also employed for human consumption is cultivated outdoors in mineral-rich freshwater ponds under direct sunlight. Biologists closely monitor the entire cultivation process to ensure optimum nutrient value and product quality.
Market drivers and restraints:
A growing market for cosmetic and personal care products have played a significant role in boosting the growth of the chlorella market across the world. Chlorella works as an ingredient held responsible for adding pigmentation in the cosmetic line of products. Furthermore, chlorella also is a significant source of chlorophyll which is used in personal care products such as lotions, skin care creams, and hair care products. An increasing number of health-conscious consumers also has propelled the growth of the chlorella market worldwide. Chlorella helps in decreasing gastric ulcers, enhancing immunity, lowering blood sugar levels, lowering cholesterol, and increase hemoglobin concentrations. These factors have helped in propelling the market for chlorella across the world. Another factor responsible for the growth of the global chlorella market is the elevating government support for organic farming in several regions across the globe. This has furthermore led to an increase in chlorella cultivation and thus propelled the market for chlorella around the world.
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Report segmented as:
- Food and beverage industry
- Pharmaceutical industry
- Personal care industry
The global chlorella market is segregated into North America, Europe, Asia Pacific, and the rest of the world (ROW). The Asia Pacific accounts for the vital market share followed by North America. Increasing consumption of protein supplements in the countries of these regions is influencing the high production volume of chlorella. Due to the changing food consumption pattern, chlorella market is estimated to generate high revenue throughout the given forecast period. Moreover, an increasing population of health-conscious customers will support the sale of chlorella across the regions throughout the assessment period. The crucial importers of chlorella include China, Japan, the U.S., Thailand, and Australia.
Important market players:
Some of the key players in the market are Sun Chlorella Corp, Vedan Enterprise, FEMICO, International Chlorella, Taiwan Chlorella Manufacturing Company, Yaeyama Chlorella, Gong Bih Enterprise, Fuqing King Dnarmsa Spirulina, Like Chlorella Biotech, Jiangxi Mingjun and Guangzhou Jinqiu Chlorella among others.
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