During the year 2020 to 2025, the Chlorella market is estimated to witness a CAGR of 10.25% in the forecast period.
Chlorella Market- Introduction
The type of algae that particularly grows in freshwater is known as Chlorella. Entire plants can be used to make medicines and nutritional supplements.
Mostly chlorella available in the United States is grown in Taiwan or Japan. It is processed and converted into liquid extract or tablets. These extracts are described as water-soluble extracts of chlorella and contain a “Chlorella growth factor” with chemicals involving peptides, amino acids, vitamins, nucleic acids, and sugars.
But products of chlorella can significantly vary depending on the ‘crop’ used for cultivating, harvesting, and processing. Researchers have found that the preparation of dry chlorella contains 7% to 88% of proteins, 7% to 75% of fats, and 6% to 38% of carbohydrates.
Chlorella is utilized for preventing cancer, stimulating the immunity system, increasing the white blood count of cells, prevents from colds, preventing the body from toxic metals like mercury and lead, and slowing down the aging process as a medicine.
Particularly, chlorella is used for increasing “good bacteria” in the intestine to better digestion and also cure ulcers, diverticulosis, and Crohn’s disease.
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Chlorella Market – Overview
The increasing requirement for the consumption of vegan proteins is the major driver for the growth of the global chlorella market. While, the higher production cost of chlorella is a key challenge that affects the growth of the market, while consumable chlorella needs carbonated water for its growth which further increases its cost of production. However, it is a nutrient-dense superfood with 60% protein, 18 amino acids, and different minerals and vitamins and one of its properties is the phytonutrient known as GCF.
Effectiveness and Usage of Chlorella-
High Blood Pressure- Previously researchers advised that taking chlorella every day for i-2 months doesn’t reduce people’s high blood pressure suffering from high blood pressure.
Fibromyalgia- Few people suffering from fibromyalgia addressed that they feel better after taking tablets of chlorella plus the liquid extract, which contains malic acid everyone for 2 months.
It prevents Brain tumors, Colds, Cancer, Ulcerative colitis, Crohn’s disease, Ulcers, bad breath, constipation, and high cholesterol.
Global Chlorella – Market Size
The chlorella market is forecasted to reach $412.3 million at a Compound Annual Growth Rate (CAGR) of 6.3% during the year 2021 to 2028, that is the forecast period.
Chlorella Market- Segmentation
The chlorella market is segmented on the basis of types, applications, and regions.
By Types- Powder, Tablets, Capsules, and Extracts.
The sector of powder is predicted to dominate the chlorella market in the year 2021.
By Application- Food and beverages, Nutraceuticals, Animal feed, and cosmetics.
The nutraceutical sector is predicted to dominate the market of chlorella in the year 2021.
By Region- Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa.
Europe is expected to acquire the largest market share of the entire chlorella market in the year 2021.
Key Players in Chlorella Market-
- Gong Bih Enterprise Co, Ltd
- Taiwan Chlorella Manufacturing Company
- I.D Parry (India) Ltd.
- Far East Bio-tach Co.
- Yaeyama Shokusan Co, Ltd
- Fuking King Dnarmsa Spirulina. Co Ltd
- Tianjin Norland Biotech Co, Ltd.
- Stauber Performance Ingredients
- Sure Chemical Co, Ltd
- Green Source Organics.
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