The market is competitive and driven by the increase in functional food and beverages and growing consumer demand for natural ingredients.
The growth in functional foods & beverages = growth in chlorella ingredients
The functional food & beverages market is one of the fastest growing market in the food sector. The market is expected to accelerate at a rate of 7.2%, during the forecast period. Chlorella is known as a super-food alternative and detoxifying agent, which identifies metal toxins and does not allow it to dissolve in the body. Therefore, owing to these advantages, the chlorella is an integral part of functional foods and beverages.
The growth of functional foods and beverages are expected to drive the chlorella ingredients market for 2-3 impactful years. Further, the impact is expected to be medium, during the forecast period, due to the stability in the market.
The market is segmented into end-user (food & beverage, animal feed, Dietary Supplements, others) and region (North America, South America, Europe, the Middle East & Africa and Asia-Pacific).
The dietary supplements are expected to spur at the fastest growth rate.
The adoption of chlorella in food and beverages market is a regular practice in developing countries. In addition, the growing demand for functional food and beverages has created a scope for chlorella in dietary supplements. Moreover, the natural and premium products application is driving the dietary supplements market.
The Asia-Pacific is a hub for chlorella ingredients market.
The chlorella ingredients are used in the cuisines of many Asian countries, making them hub for the market. Further, with increasing importance of vegetable protein, the chlorella was spotlighted and commercialized. The market in Europe and North America are expected to boom, during the forecast period.
Competitive Environment
The global chlorella ingredients market is occupied by the local and regional players. The companies are creating awareness among the different regions, by advertising, developing and offering new products in various sectors. The expansion and product developments are the major strategies adopted by the players, to sustain their position in the market.
Kingherbs, Inc. Tianjin Norland Biotech Co., Ltd. Fuqing King Dnarmsa Spirulina Co., Ltd. Guangdong Lejin Medicine Company, Ltd. Our report on global chlorella ingredients covers the following:
Chlorella ingredients market trends & dynamics Latest News & chlorella ingredients developments Porter's five force analysis Investment scope Deep-dive insights Table of Contents:
Introduction Research Approach & Methodology Market Overview Market Segmentation Competitive Landscape Company Profiles Appendix Appendix
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
