Chlorella Ingredients Market - Forecast(2023 - 2028)

Report Code: FBR 31941 Report Format: PDF + Excel

Chlorella Ingredients Market Overview

Chlorella Ingredients Market size is projected to reach $146.64 million by 2026, growing at a CAGR of 5.6% over 2021-2026. Chlorella contains detoxifying agent that does not allow to get dissolved in the body. Chlorella contains 50-60% proteins and has various nutritional and health benefits. Chlorella belongs to chlorophyta and chlorophyll division whose shape is spherical. It is a kind of algae which is consumed as superfood. Chlorella requires carbon dioxide, water, sunlight to multiply rapidly. Owing to its photosynthetic efficiency, it is helpful in treating constipation, high pressure and many more. It is rich in vitamins and minerals and contain good quality protein with essential amino acids that are rich in rich in methionine, lysine and alanine. Chlorella needs carbonated water to grow and its carbohydrates content is available in the range of 40-50%. Rising awareness regarding the health among consumers and growing number of veganism among people is the major factor driving the growth of Chlorella Ingredients Market. Furthermore, rising busy schedule and growing advancement in food and beverage industry is set to further enhance the overall market demand for Chlorella Ingredients Market for the period 2021-2026.

Chlorella Ingredients Market Report Coverage

The report: “Chlorella Ingredients Market Estimate (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Chlorella Ingredients Market.

By Form: Liquid, Powder, and Others
By Application: Food and Beverages, Animal Feed, Dietary Supplements, and Others
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa)

Key Takeaways

  • In 2020, North America dominated the Chlorella Ingredients Market owing to rising consumption of healthy food products that increases the preference of chlorella ingredients. Moreover, rising advancement in food and beverage sector and growing adoption of veganism among population further driving the growth of Chlorella Ingredients Market.
  • Rising awareness regarding the health among consumers and growing number of veganism among people are enhancing the growth of the Chlorella Ingredients Market.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Chlorella Ingredients Market report.  
  • High cost of chlorella ingredients is set to create hurdles for the Chlorella Ingredients Market.    

                              Chlorella Ingredients Market Size, By Application, 2020-2026 (USD Million)

 

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Chlorella Ingredients Market Segment Analysis – By Form

The Chlorella Ingredients Market based on form can be further segmented into Liquid, Powder, and Others. The Powder segment is the major segment generating revenue in 2020. This is mainly owing to rising adoption of chlorella powder in various sports supplements as it helps to boost the immune system and are used as antioxidant. Moreover, manufacturers are also producing the dietary product in powder form as it contains pure form of protein that rising the preference of chlorella powder among consumers. The Liquid segment is estimated to register the fastest CAGR of 6.2% for the period 2021-2026. This is mainly owing to its easy availability and cost effective. Moreover, growing usage of liquid form in food and beverage industry rising the production of liquid chlorella among manufacturers which in turn boosting the growth of Chlorella Ingredients Market.   

Chlorella Ingredients Market Segment Analysis – By Application

The Chlorella Ingredients Market based on Application can be further segmented into Food and Beverages, Animal Feed, Dietary Supplements, and Others. The Food and Beverages segment registers for the highest Chlorella Ingredients Market share in 2020. This is mainly owing to rising consumption of food and beverages that contain chlorella ingredients. Moreover, rising demand of heathy products increases the production of chlorella ingredients products and thus enhancing the market growth. The Dietary Supplements segment is forecasted to register the fastest CAGR of 7.1% over 2021-2026. This is mainly owing to the growing trends of consuming sports supplements rising the demand of chlorella ingredients in dietary supplements. Moreover, dietary supplements of chlorella provides various health benefits that rise the adoption of dietary supplements among consumers and this further propel the growth of Chlorella Ingredients Marke

Chlorella Ingredients Market Segment Analysis – By Geography

North America dominated the Chlorella Ingredients Market with major share of 45% in 2020. This is owing to the rising consumption of healthy food products that increases the preference of chlorella ingredients. Moreover, rising advancement in food and beverage sector and growing adoption of veganism among population further driving the growth of Chlorella Ingredients Market.

However, Asia Pacific is projected to be the significant-growing market during the forecast period 2021-2026 owing to rising health consciousness among consumers and changing lifestyle among Asian countries. The chlorella ingredients are used in variety of cuisines in Asian countries that rise the adoption of chlorella ingredients and thus rising the market growth.

Chlorella Ingredients Market Drivers

Rising Adoption Of Veganism

The chlorella ingredients market driver can be attributed to the increasing adoption of algae-based ingredients, such as chlorella among consumers has increased the consumption rich in protein and provides health and wellness attributes of nutritional products. Moreover, the increase in demand of chlorella ingredients for functional food products is estimated to drive the chlorella ingredients market growth over the forecast period 2021-2026. Furthermore, as a medicine, chlorella ingredients are used in preventing cancer, reducing the side effects of radiation therapy, improving interaction with the flu vaccine, stimulating the immune system, preventing colds, increasing the number of white blood cells, and slowing the aging process.

Chlorella Ingredients Market Challenges

High Price Of Chlorella Ingredients

The restraining factor that create a negative impact during the forecast period 2021-2026 is high production cost involved in producing chlorella that is projected to hamper market growth. Consuming chlorella requires carbonated water to grow, which increases the cost of producing. This factor is acting as a major challenge for the growth of the Chlorella Ingredients Market during the forecast period 2021-2026.

Chlorella Ingredients Market Landscape

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Chlorella Ingredients market. In 2020, Chlorella Ingredients market share is fragmented by the top ten players present in the market. The Chlorella Ingredients market top 10 companies are DSM, Firmenich SA, Nestle S.A, Cargill Incorporated, Barentz International, Dupont, Ingredion Incorporated, Deltagen Group, Algenuity, Duplaco, Parry Nutraceuticals, Associated British Foods PLC, BASF SE and others.

Acquisitions/Product Launches

  • In August 2020, Unilever announced the partnership with biotech startup Algenuity, which develops microalgae, to explore the use of this single-cell organism as an ingredient in the food and beverage sector.
  • In March 2020, Dutch chlorella ingredient producer and microalgae wholesaler Duplaco is making significant investments to increase production by 20 times. The company is upgrading with the latest technologies and a modern R&D centre, Duplaco continues to drive its transition from start-up to a full-scale industrial complex.
  • In May 2019, Algenuity announced the launch of the Chlorella Colours platform for the food industry. New colours are made possible by innovations in breed development that lead to performance and productivity improvements for ingredients used in foods, beverages, supplements, and other products.

Relevant Reports:

Algae Protein Market - Forecast(2021 - 2026)

Report Code: FBR 0102

Chlorella Market - Forecast 2019 – 2024

Report Code: FBR 96654

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1. Chlorella Ingredients Market Overview
    1.1 Definitions and Scope
2. Chlorella Ingredients Market Executive Summary
    2.1 Market Size and Key Trends
    2.2 Key trends by Form
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Chlorella Ingredients Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Chlorella Ingredients Market - Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Chlorella Ingredients Market - Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Chlorella Ingredients Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Chlorella Ingredients Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Chlorella Ingredients Market – By Form (Market Size -$Million/$Billion)
    8.1 Liquid
    8.2 Powder
    8.3 Others
9. Chlorella Ingredients Market– By Application (Market Size -$Million/$Billion)
    9.1 Food and Beverages
    9.2 Animal Feed
    9.3 Dietary Supplements
    9.4 Others
10. Chlorella Ingredients Market- By Geography (Market Size -$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 Italy
        10.2.4 France
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Australia
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 India
        10.3.6 Rest of Asia-Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Others
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Chlorella Ingredients Market Entropy
12. Chlorella Ingredients Market- Industry / Segment Competition landscape Premium Premium
    12.1 Market Share Analysis
        12.1.1 Market Share by Country- Key companies
        12.1.2 Market Share by Region- Key companies
        12.1.3 Market Share at Global Level- Key companies
        12.1.4 Competition Matrix
        12.1.5 Best Practices for Companies
13. Chlorella Ingredients Market- Key Company List by Country Premium Premium
14. Chlorella Ingredients Market Company Analysis
    14.1 Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 Food and Beverages Market 2019-2024 ($M) - Global Industry Research
1.2 Animal Feed Market 2019-2024 ($M) - Global Industry Research
1.3 Dietary Supplements Market 2019-2024 ($M) - Global Industry Research
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Most Active Companies Market 2019-2024 ($M) - Global Industry Research
2.2 Most Adopted Strategies Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 Food and Beverages Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Animal Feed Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Dietary Supplements Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Most Active Companies Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Most Adopted Strategies Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 Food and Beverages Market 2019-2024 ($M) - Regional Industry Research
5.2 Animal Feed Market 2019-2024 ($M) - Regional Industry Research
5.3 Dietary Supplements Market 2019-2024 ($M) - Regional Industry Research
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
6.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 Food and Beverages Market 2019-2024 ($M) - Regional Industry Research
7.2 Animal Feed Market 2019-2024 ($M) - Regional Industry Research
7.3 Dietary Supplements Market 2019-2024 ($M) - Regional Industry Research
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
8.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 Food and Beverages Market 2019-2024 ($M) - Regional Industry Research
9.2 Animal Feed Market 2019-2024 ($M) - Regional Industry Research
9.3 Dietary Supplements Market 2019-2024 ($M) - Regional Industry Research
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
10.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 Food and Beverages Market 2019-2024 ($M) - Regional Industry Research
11.2 Animal Feed Market 2019-2024 ($M) - Regional Industry Research
11.3 Dietary Supplements Market 2019-2024 ($M) - Regional Industry Research
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
12.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 Food and Beverages Market 2019-2024 ($M) - Regional Industry Research
13.2 Animal Feed Market 2019-2024 ($M) - Regional Industry Research
13.3 Dietary Supplements Market 2019-2024 ($M) - Regional Industry Research
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
14.2 Most Adopted Strategies Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Chlorella Ingredients Market Revenue, 2019-2024 ($M)
2.Canada Chlorella Ingredients Market Revenue, 2019-2024 ($M)
3.Mexico Chlorella Ingredients Market Revenue, 2019-2024 ($M)
4.Brazil Chlorella Ingredients Market Revenue, 2019-2024 ($M)
5.Argentina Chlorella Ingredients Market Revenue, 2019-2024 ($M)
6.Peru Chlorella Ingredients Market Revenue, 2019-2024 ($M)
7.Colombia Chlorella Ingredients Market Revenue, 2019-2024 ($M)
8.Chile Chlorella Ingredients Market Revenue, 2019-2024 ($M)
9.Rest of South America Chlorella Ingredients Market Revenue, 2019-2024 ($M)
10.UK Chlorella Ingredients Market Revenue, 2019-2024 ($M)
11.Germany Chlorella Ingredients Market Revenue, 2019-2024 ($M)
12.France Chlorella Ingredients Market Revenue, 2019-2024 ($M)
13.Italy Chlorella Ingredients Market Revenue, 2019-2024 ($M)
14.Spain Chlorella Ingredients Market Revenue, 2019-2024 ($M)
15.Rest of Europe Chlorella Ingredients Market Revenue, 2019-2024 ($M)
16.China Chlorella Ingredients Market Revenue, 2019-2024 ($M)
17.India Chlorella Ingredients Market Revenue, 2019-2024 ($M)
18.Japan Chlorella Ingredients Market Revenue, 2019-2024 ($M)
19.South Korea Chlorella Ingredients Market Revenue, 2019-2024 ($M)
20.South Africa Chlorella Ingredients Market Revenue, 2019-2024 ($M)
21.North America Chlorella Ingredients By Application
22.South America Chlorella Ingredients By Application
23.Europe Chlorella Ingredients By Application
24.APAC Chlorella Ingredients By Application
25.MENA Chlorella Ingredients By Application