DUBLIN--(BUSINESS WIRE )--The "Chlorella Market by Technology, by Product Type by Source by Application, Geography - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The chlorella market is expected to grow at a CAGR of 6.3% from 2021 to 2028 to reach $412.3 million by 2028.
The growing inclination of consumers toward a protein-rich diet, increasing health & wellness trend, development of chlorella F&B products, growing nutraceutical industry, and growing vegetarianism are some of the major drivers for the growth of this market. Moreover, the emergence of a new product: chlorella extract, provides significant opportunities for the growth of the market. However, the risk of contamination, high production cost, and complex production of algae products is expected to hinder the growth of the chlorella market.
The study offers a comprehensive analysis of the chlorella market with respect to technology, product type, source, application, and geography. The chlorella market is mainly segmented by technology (autotrophic and heterotrophic), product type (powder, tablets, extracts, and capsules), source (chlorella vulgaris, chlorella pyrenoidosa or sorokiniana, and others), application (nutraceuticals, food & beverages, animal feed, cosmetics, and others), and geography. The study also evaluates industry competitors and analyses the market at a country level.
Key questions answered in the report
4.2.1. Development of Innovative Chlorella F&B Products
4.2.2. Inclination Towards Health & Wellness Trends
4.2.5. Growing Inclination Towards a Protein-Rich Diet
4.3.3. Complex Production of Algae Products
4.4.1. Growing Demand for Chlorella Extracts
4.5. Impact of Covid-19 on the Global Chlorella Market
5. Global Chlorella Market, by Technology
6. Global Chlorella Market, by Product
7. Global Chlorella Market, by Source
8. Global Chlorella Market, by Application
9. Global Chlorella Market, by Sales/Distribution Channel
12.3. Far East Microalgae Industries, Co., Ltd. (FEMICO)
12.4. Roquette Klotze GmbH & Co. Kg
12.6. Gong Bih Enterprise Co., Ltd.
12.11. Tianjin Norland Biotech Co., Ltd.
12.12. Dongtai City Spirulina Bio-Engineering Co., Ltd.
12.14. Allmicroalgae Natural Products S.A.
12.16. E.I.D. - Parry (India) Limited
For more information about this report visit https://www.researchandmarkets.com/r/z8xyz4
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900