Chlorella Ingredients Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021-2026

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Chlorella Ingredients Market Overview

Chlorella Ingredients Market size is estimated to reach $146.64 million by 2026 and is poised to grow at a CAGR of 5.69% during the forecast period 2021-2026. Chlorella is considered a super-food alternative and detoxifying agent, which detects mineral toxins and does not allow them to break down in the body. Chlorella ingredients are known for their nutritional and health benefits. Chlorella ingredients has a wide range of applications. They act as functional foods that help to boost immune system functioning, gut health, reduce cholesterol, and are also used as an antioxidant. However, the growing demand for functional foods and drinks has created room for chlorella ingredients in nutritional supplements. With the increasing disposable income coupled with the rising use of natural and premium products, the demand for chlorella ingredients is estimated to drive the growth of the global market over the forecast period 2021-2026.

Report Coverage

The report: “Chlorella Ingredients Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Chlorella Ingredients Market.
By Type: Liquid, Powder.
By Application: Animal feed, Dietary Supplements, Food & Beverages, and others.
By Geography: North America, Asia-Pacific, Europe, and Rest of World.

Key Takeaways

  • Geographically, the Asia-Pacific area is poised to see extraordinary development owing to the rising demand for dietary supplements for better health in the region and is set to continue during the forecast period 2021-2026.
  • The increased consumption of foods and beverages that contain chlorella ingredients is propelling the demand for food and beverages segment.
  • The high production cost involved in producing chlorella is estimated to restrain the market growth during the forecast period 2021-2026.
  • Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Chlorella Ingredients Market report.

Chlorella Ingredients Market Segment Analysis - By Type

The global Chlorella Ingredients Market based on Type can be further segmented into Liquid, Powder. The Powder segment held the largest share in 2020. This is owing to the increasing adoption of chlorella powder type ingredients in sports nutrition supplements. The liquid segment is estimated to be the fastest-growing segment with a CAGR of 6.73% during the forecast period 2021-2026. This is owing to the higher rate of absorption in food &beverages.

Chlorella Ingredients Market Segment Analysis - By Application

The global Chlorella Ingredients Market based on Application can be further segmented into Animal feed, Dietary Supplements, Food & Beverages, and others. The Food & Beverages segment held the largest share in 2020 owing to the increased consumption of foods and beverages that contain chlorella ingredients. As health awareness is increasing among consumers, many people are adopting vegan lifestyles. Since chlorella is a rich source of protein, vitamins, and minerals, consumers are increasingly consuming foods and drinks that contain chlorella ingredients to gain numerous health benefits. Dietary Supplements segment is estimated to be the fastest-growing segment owing to the health benefits of chlorella supplementation in dietary supplements.

Chlorella Ingredients Market Segment Analysis - By Geography

The global Chlorella Ingredients Market based on Geography can be further segmented into North America, Asia-Pacific, Europe, and the Rest of World. Asia-Pacific held the largest share of 30.18% of the market in 2020. The growth in this segment is owing to the factors such as the increasing health consciousness among the consumers in the region, coupled with the rising demand for dietary supplements for better health. North America is estimated to be the fastest-growing segment owing to the increasing use of chlorella ingredients in manufacturing functional food and beverages in the region.

Chlorella Ingredients Market Drivers

Rise in veganism

The growth of veganism is one of the primary drivers for the growth of the market. Algae-based ingredients, such as chlorella, are rich in protein and provides health and wellness attributes of nutritional products. Microalgae such as chlorella have emerged as a promising alternative and sustainable protein source. The demand for chlorella ingredients is increasing owing to its nutritional benefits. 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.

Benefits of consuming Chlorella

The various health benefits of consuming chlorella is another major driver of this market. Chlorella ingredients are a good source of fibre, fats, chlorophyll, protein, carbohydrates, vitamins and minerals. 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 cost of Chlorella ingredients

The high production cost involved in producing chlorella is projected to hamper market growth. Consuming chlorella requires carbonated water to grow, which increases the cost of producing it. 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 Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Chlorella Ingredients Market. Key companies of this market DSM, Firmenich SA, Nestle S.A, Cargill Incorporated, Barentz International, Dupont, Ingredion Incorporated, Deltagen Group, Algenuity, Duplaco, Parry Nutraceuticals, Associated British Foods PLC, and BASF SE.

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.

For more Food and Beverages Market reports, Please click here
1. Chlorella Ingredients Market- Overview
    1.1 Definitions and Scope
2. Chlorella Ingredients Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends
    2.2 Key trends by Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Chlorella Ingredients Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Chlorella Ingredients Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 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 Type (Market Size –$Million/$Billion)
    8.1 Liquid
    8.2 Powder
9. Chlorella Ingredients Market– By Application (Market Size –$Million/$Billion)
    9.1 Animal feed
    9.2 Dietary Supplements
    9.3 Food & Beverages
    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 Russia
        10.2.2 U.K.
        10.2.3 Germany
        10.2.4 France
        10.2.5 Italy
        10.2.6 Spain
        10.2.7 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia-Pacific
    10.4 Rest of the World
        10.4.1 Middle East
        10.4.2 Africa
        10.4.3 South America
11. Chlorella Ingredients Market- Entropy
12. Chlorella Ingredients Market– Industry/Segment Competition Landscape Premium
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Best Practices for Companies
13. Chlorella Ingredients Market– Key Company List by Country Premium Premium
14. Chlorella Ingredients Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 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