The rising usages of chlorophyll extract in the nutritional supplement, food, and beverages, and personal care products. Excellent health benefits associated with chlorophyll extract such as detoxification, skin protection, cancer prevention and boosting immune system are fueling the market growth. Also, increasing the use of chlorophyll extract in food products as a food colorant is pushing its demand higher. Owing to its ability to protect and enhance skin texture, it is widely used in moisturizer, acne cream and other personal care products. Moreover, a shift in consumer preference for herbal and organic supplements owing to zero side effects is again propelling the market growth.
The latest report by Value Market Research expects the Global Chlorophyll Extract Market to reach USD 463.7 million by 2025. It was valued USD 279.5 million in 2018. The report foresees a 7.5% CAGR from 2019 to 2025.
LIQUID LED THE PRODUCT SEGMENT
On the basis of product, liquid led the segment in 2018. Advantages of the liquid extract are easy to consume, allows optimal absorption, have a better shelf life, and a higher concentration of active components is driving the segment demand.
FOOD ADDITIVE EMERGED AS LARGEST APPLICATION SEGMENT
By application, food additive led the segment in the year 2018. Rising demand of chlorophyll extract in processed food, ice cream, drinks, sauces, pasta and cheese as a food colorant and functional ingredient is driving the segment growth. The growing preference for herbal ingredients owing to zero side effects is further fueling the segment growth.
NORTH AMERICA DOMINATED THE REGIONAL MARKET
In 2018, North America led the regional market by accounting the highest market share. Rising demand and production of chlorophyll based products is driving the regional market growth.
PROMINENT PLAYERS OF THE MARKET
Some of the key players of the market are British Chlorophyll Ltd., Global Essence, Inc., Kancor Ingredients Ltd., Merck Group (Sigma-Aldrich Co. LLC) and Sensient Colors LLC.
As per this study the Global Chlorophyll Extract Market was valued USD 279.5 MN (by revenue) in 2018 and is anticipated to reach USD 463.7 MN by 2025 with a CAGR of 7.5%. By volume, the market was estimated XXX KT in 2018 and is expected to reach XXX KT by 2025 with a CAGR of X.X%.
Chlorophyll is a dark green colored pigment present in leaf of the plants used to produce food through photosynthesis. Chlorophyll extracts are derived from plant cells of spinach, alfalfa, broccoli, asparagus, green cabbage and other leafy vegetables. It is commercially available in capsule/tablet, liquid and powdered form. Consumption of chlorophyll extract leads to body detoxification, improves digestion, protects skin and also aids in fighting cancer.
Rising count of health conscious population is driving the market growth. Presence of excellent properties used for blood building, wound healing and skin texture improvement has driven in demand in cosmetic and pharmaceutical sector. Also, shift in consumer preference for herbal and organic supplements owing to zero side effects is further boosting the market demand.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of chlorophyll extract.
The broad chlorophyll extract market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Food Additive
- Dietary Supplement
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for chlorophyll extract in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Chlorophyll Extract Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the chlorophyll extract market include British Chlorophyll Ltd., Global Essence, Inc., Kancor Ingredients Ltd., Merck Group (Sigma-Aldrich Co. LLC) and Sensient Colors LLC.. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
2. EXECUTIVE SUMMARY
- Introduction To Chlorophyll Extract
- Report Description
- Objectives Of The Study
- Research Scope
- Research Methodology
3. MARKET ANALYSIS
- Market Highlight
- Global Chlorophyll Extract Market: Snapshot
4. CHLOROPHYLL EXTRACT MARKET ANALYSIS BY TYPE
- Porter’s Five Forces Analysis
- Value Chain Analysis
5. CHLOROPHYLL EXTRACT MARKET ANALYSIS BY APPLICATION
- Market In Liquid
- Market In Tablet
- Market In Powder
6. CHLOROPHYLL EXTRACT MARKET ANALYSIS BY GEOGRAPHY
- Market In Food Additive
- Market In Cosmetics
- Market In Dietary Supplement
7. COMPETITIVE LANDSCAPE OF THE CHLOROPHYLL EXTRACT COMPANIES
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
8. COMPANY PROFILES OF THE CHLOROPHYLL EXTRACT INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- Market Competition
- Mergers And Acquisitions
- New Product Launches
- Other Developments
* Tentative TOC
LIST OF TABLES
- British Chlorophyll Ltd.
- Global Essence, Inc.
- Kancor Ingredients Ltd.
- Merck Group
- Sensient Colors LLC.
Table 1. Market Highlights Of Chlorophyll Extract
Table 2. Global Chlorophyll Extract Market By Type
Table 3. Global Chlorophyll Extract Market By Application
Table 4. Global Chlorophyll Extract Market By Geography
Table 5. North America Chlorophyll Extract Market
Table 6. Europe Chlorophyll Extract Market
Table 7. Asia Pacific Chlorophyll Extract Market
Table 8. Latin America Chlorophyll Extract Market
Table 9. Middle East And Africa Chlorophyll Extract Market
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Chlorophyll Extract Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Chlorophyll Extract
Fig. 5. Porter’s Five Forces Analysis
Fig. 6. Value Chain Analysis
Fig. 7. Global Chlorophyll Extract Market By Type
Fig. 8. Global Chlorophyll Extract Market By Application
Fig. 9. Global Chlorophyll Extract Market By Geography
Fig. 10. North America Chlorophyll Extract Market
Fig. 11. Europe Chlorophyll Extract Market
Fig. 12. Asia Pacific Chlorophyll Extract Market
Fig. 13. Latin America Chlorophyll Extract Market
Fig. 14. Middle East And Africa Chlorophyll Extract Market
Fig. 15. Market Share Of Chlorophyll Extract Companies
Fig. 16. Recent Developments In Chlorophyll Extract Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.