1 / 3

Chlorella Market 4

Explore the global chlorella market's growth, projected to reach $6397M by 2031, driven by protein-rich diets and health trends

sakshi137
Download Presentation

Chlorella Market 4

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chlorella Market Insights: Projected Expansion to $6397 Million by 2031

  2. Chlorella Market– 2024-2031 Meticulous Research®'s recent report forecasts significant growth for the global chlorella market, projecting it will reach $639.7 million by 2031, with a CAGR of 6.3% from 2024. The market volume is expected to expand to 43,810 tons by 2031, growing at a CAGR of 7.4%. This anticipated growth is driven by increasing consumer interest in protein-rich diets, a rise in health and wellness trends, and innovations in chlorella-based products. The expansion of the nutraceutical sector and the trend toward vegetarianism further support this market growth. Challenges such as contamination risks, high production costs, and complex algae cultivation methods could impact growth. However, the increasing demand for chlorella extracts offers promising opportunities for market development. The market is segmented by cultivation method into autotrophic and heterotrophic. In 2024, autotrophic cultivation is projected to hold a dominant 95.4% share, owing to its cost-efficiency and the effectiveness of managing open pond systems. Product segmentation includes powder, tablets, chlorella extracts, and capsules. Chlorella powder is anticipated to lead with a 69.9% market share, thanks to its versatility and wide range of applications. By source, chlorella vulgaris is expected to capture 53.3% of the market in 2024. This segment benefits from its high productivity and sustainability features. In terms of application, the nutraceuticals segment is forecasted to account for 66.5% of the market share, driven by growing consumer focus on health products. Distribution channels are categorized into B2B and B2C, with B2B expected to dominate with a 68.7% share, reflecting the significant bulk purchases by manufacturers. Regionally, Europe is projected to lead with a 38.0% market share in 2024, driven by increasing consumer demand for natural and environmentally friendly products. Key Players The chlorella market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the chlorella market are Fuqing King Dnarmsa Spirulina Co., Ltd. (China), E.I.D. - Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited) (India), YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (Yunnan Spirin Biotechnology Co. Ltd) (China), JIANGSHAN COMP SPIRULINA CO.,LTD (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Bluetec Naturals CO., LTD. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Sun Chlorella Corporation (Japan), Roquette Klötze GmbH & Co. KG (Germany), Gong Bih Enterprise Co., Ltd. (Taiwan), Yaeyama Shokusan Co., Ltd. (Euglena Co Ltd) (Japan), Vedan Biotechnology Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

  3. Chlorella Market– 2024-2031 Corporation (Taiwan), AlgoSource (France), Tianjin Norland Biotech Co., Ltd (China), Phycom BV (Netherlands), Allmicroalgae Natural Products S.A. (Portugal), Aliga Microalgae (Denmark), TAIWAN WILSON ENTERPRISE INC. (Taiwan), DAESANG Corporation (Korea), Seagrass Tech Private Limited, Plankton Australia Pty Limited (Australia), Hangzhou Ouqi Food Co., Ltd. (China), Far East Microalgae Industries, Co., Ltd.(FEMICO) (Taiwan), Qingdao Haizhijiao Biotechnology Co., Ltd (China), Pond Technologies Inc. (Canada), Necton S.A. (Portugal), and Astaxa GmbH (Germany). Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5162 Key Questions Answered in the Report: • What is the value of revenue generated by the chlorella market? • At what rate is the global demand for chlorella projected to grow for the next 5-7 years? • What is the historical market size and growth rate for the chlorella market? • What are the major factors impacting the growth of this market at global and regional levels? • What are the major opportunities for existing players and new entrants in the market? • Which cultivation method, product, source, application, and distribution channel segments create major traction for the manufacturers in this market? • What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the chlorella market? • Who are the major players in the chlorella market? What are their specific product offerings in this market? • What recent developments have taken place in the chlorella market? What impact have these strategic developments created on the market? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com

More Related