Europe Chlorella Market Research Report - Segmented Based on Application, Type, and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, & Growth Forecast (2024 to 2029)

Updated On: June, 2024
ID: 6028
Pages: 145

Europe Chlorella Market Size (2024 to 2029)

The Europe Chlorella Market is predicted to grow at a CAGR of 5.49% from 2024 to 2029 and the market size is expected to be valued at USD 0.09 billion by 2029 from USD 0.07 billion in 2024.

MARKET OVERVIEW

Chlorella is a microscopic organism that grows in fresh water. It is a single-celled green alga that contains the highest chlorophyll amount when compared to other plants.

Chlorella 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 a 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. The rising number of health-conscious customers also has propelled the growth of the chlorella market in Europe. Chlorella helps in reducing gastric ulcers, improving immunity, lowering blood sugar levels, lowering cholesterol, and raising hemoglobin concentrations. These factors have helped in propelling the market for chlorella across the globe. Another factor responsible for the growth of the Europe 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.

This research report on the Europe Chlorella market has been segmented and sub-segmented into the following categories.

Europe Chlorella Market By Application

  • food and beverage industry
  • pharmaceutical industry
  • personal care industry

 Europe Chlorella Market By Type

  • organic chlorella
  • inorganic chlorella

Europe Chlorella Market By Application

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

Europe has the second-largest market in the world for Chlorella by share.

Factors such as increasing awareness about genetically modified seeds and rising application in crop production are expected to drive market growth in the region. 

KEY MARKET PLAYERS

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 are some of the notable companies in the Europe Chlorella market.

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