North America Chlorella Market Research Report - Segmented Based on Application, Type, and Country (The U.S., Canada and Rest of North America) – Analysis on Size, Share, Trends, & Growth Forecast (2024 to 2029)

Updated On: June, 2024
ID: 6026
Pages: 145

North America Chlorella Market Size (2024 to 2029)

The size of the global North America Chlorella market is estimated to reach USD 0.10 billion by 2029 from USD 0.08 billion in 2024, growing at a CAGR of 5.7% from 2024 to 2029.

MARKET 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.

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

North America Chlorella Market By Application

  • food and beverage industry

  • pharmaceutical industry

  • personal care industry

  • other applications

Food and beverages holds the largest share in this segment.

North America Chlorella Market By Type

  • organic Chlorella

  • inorganic Chlorella

  • Organic chlorella is expected to have the largest market share in the segment.

North America Chlorella Market By Country

  • 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.

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

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