North America Chlorella Market was worth USD xx billion in 2021 and is estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027
Overview
Chlorella is a microscopic organism that grows in freshwater. It is a single-celled green algae that contains the highest chlorophyll amount when compared to other plants. It consists of various active ingredients such as fatty acids, dietary essential amino acids, beta-carotene, RNA/DNA, and over 20 vitamins and minerals. Chlorella is widely used to treat fibromyalgia, constipation, high blood pressure and high cholesterol. It is also helpful in treating colitis, Crohn’s disease, ulcers, and diverticulosis by raising the number of good bacteria in the gastrointestinal tract. Chlorella used for human consumption is cultivated outdoors in mineral-rich freshwater ponds under the presence of direct sunlight. The entire cultivation process is closely monitored by biologists in order to ensure optimum product quality and nutrient value.
The growing market for cosmetic and personal care products has played an important role in fuelling the growth of the chlorella market across the globe. Chlorella works as an ingredient responsible for adding pigmentation in cosmetic line of products. Moreover, chlorella also is a key source of chlorophyll which is used in personal care products such as lotions, skin care creams, and hair care products. Rising number of health-conscious customers also has propelled the growth of the chlorella market North Americaly. Chlorella helps in reducing gastric ulcers, improving immunity, lowering blood sugar levels, lowering cholesterol, and raise hemoglobin concentrations. These factors have helped in propelling the market for chlorella across the globe. Another factor responsible for the growth of the North America chlorella market is the rising government support for organic farming in various regions across the globe. This has further led to a growth in chlorella cultivation and hence propelled the market for chlorella across the globe.
North America Chlorella Market is segmented based
on the basis of application
food and beverage industry
pharmaceutical industry
personal care industry
other applications
Food and beverages holds the largest share in this segment.
On the basis of type,
organic chlorella
inorganic chlorella
Organic chlorella is expected to have the largest market share in the segment.
Regional Analysis:
United States
Canada
Mexico
North America has the third largest market for chlorella in the world by share. In the North America region, United States has the largest market share. Factors such as rising awareness about the health benefits which can be obtained from chlorella and rising usage of chlorella in personal and cosmetic care products is expected to drive the market growth in the region.
Sun Chlorella Corp
Vedan Enterprise
FEMICO
International Chlorella
Taiwan Chlorella Manufacturing Company
Yaeyama Chlorella
Gong Bih Enterprise
Fuqing King Dnarmsa Spirulina
Chlorella Biotech
Jiangxi Mingjun
Guangzhou Jinqiu Chlorella
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