Global Chlorella Ingredients Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.25% over the forecast period 2022-2028. Chlorella is largely used as a health supplement in the United States and Canada, and as a food supplement in Japan. Manufacturers of Chlorella products assert that it offers a variety of health benefits, including the potential to treat cancer. Chlorella Ingredients market growth is driven by rising Adoption of Veganism and rising health consciousness among consumers. For instance, as per Statista, In the fourth quarter of 2021, 5% of the population aged 18 to 64 in the United Kingdom was vegan. This is a 3% increase in vegans from the beginning of 2019 to the end of 2021. On the other side, in 2021, over 3% of responding German consumers aged 18 to 75 adopted a vegan diet. Veganism was practiced by one to two percent of respondents in Brazil, China, Mexico, and the United States. Also, an Increasing demand for natural ingredients and product launches are likely to increase the market growth during the forecast period. However, high production cost impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Chlorella Ingredients Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is dominating the global market share, owing to rising advancement in food and beverage sector and rising consumption of healthy food products. However, Asia Pacific is projected to be the fastest growing region, due to rise in the adoption of chlorella ingredients.

Major market players included in this report are:

NP Nutra

Parry Nutraceuticals

Allmicroalgae - Natural Products

Seagrass Tech Private Limited

Phycom BV

Sun Chlorella Corp

Vedan Enterprise

Like Chlorella Biotech

Duplaco

Roquette Klotze GmbH & Co. KG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Food and Beverages

Animal Feed

Dietary Supplements

Other Applications

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Chlorella Ingredients Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors