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 XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%. By volume, the market was estimated XX KT in 2021 and is expected to reach XX KT by 2028 with a CAGR of XX%.
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.
Market Dynamics
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.
Market Segmentation
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.
By Type
By Application
- Food Additive
- Cosmetics
- Dietary Supplement
Regional Analysis
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.
Global Chlorophyll Extract Market Share by Region (Representative Graph)
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.
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1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . CHLOROPHYLL EXTRACT – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Type
3.7.2 By Application
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL CHLOROPHYLL EXTRACT MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Liquid Market by Regions
6.5 Tablet Market by Regions
6.6 Powder Market by Regions
7 . GLOBAL CHLOROPHYLL EXTRACT MARKET ANALYSIS BY APPLICATION
7.1 Overview by Application
7.2 Historical and Forecast Data
7.3 Analysis by Application
7.4 Food Additive Market by Regions
7.5 Cosmetics Market by Regions
7.6 Dietary Supplement Market by Regions
8 . GLOBAL CHLOROPHYLL EXTRACT MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE CHLOROPHYLL EXTRACT COMPANIES
9.1. Chlorophyll Extract Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF CHLOROPHYLL EXTRACT INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. British Chlorophyll Ltd.
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. Global Essence, Inc.
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Kancor Ingredients Ltd.
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. Merck Group (Sigma-Aldrich Co. LLC)
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Sensient Colors LLC
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (Kilo Tons and USD MN)
- Liquid Market by Geography (Kilo Tons and USD MN)
- Tablet Market by Geography (Kilo Tons and USD MN)
- Powder Market by Geography (Kilo Tons and USD MN)
- Analysis Market by Application (Kilo Tons and USD MN)
- Food Additive Market by Geography (Kilo Tons and USD MN)
- Cosmetics Market by Geography (Kilo Tons and USD MN)
- Dietary Supplement Market by Geography (Kilo Tons and USD MN)
- Global Chlorophyll Extract Market by Geography (Kilo Tons and USD MN)
- North America Market Analysis (Kilo Tons and USD MN)
- United State Market Analysis (Kilo Tons and USD MN)
- Canada Market Analysis (Kilo Tons and USD MN)
- Mexico Market Analysis (Kilo Tons and USD MN)
- Europe Market Analysis (Kilo Tons and USD MN)
- Europe Market Estimate by Country (Kilo Tons and USD MN)
- United Kingdom Market Analysis (Kilo Tons and USD MN)
- France Market Analysis (Kilo Tons and USD MN)
- Germany Market Analysis (Kilo Tons and USD MN)
- Italy Market Analysis (Kilo Tons and USD MN)
- Russia Market Analysis (Kilo Tons and USD MN)
- Spain Market Analysis (Kilo Tons and USD MN)
- Rest of Europe Market Analysis (Kilo Tons and USD MN)
- Asia Pacific Market Analysis (Kilo Tons and USD MN)
- China Market Analysis (Kilo Tons and USD MN)
- Japan Market Analysis (Kilo Tons and USD MN)
- India Market Analysis (Kilo Tons and USD MN)
- South Korea Market Analysis (Kilo Tons and USD MN)
- Australia Market Analysis (Kilo Tons and USD MN)
- Rest of Asia Pacific Market Analysis (Kilo Tons and USD MN)
- Latin America Market Analysis (Kilo Tons and USD MN)
- Brazil Market Analysis (Kilo Tons and USD MN)
- Argentina Market Analysis (Kilo Tons and USD MN)
- Peru Market Analysis (Kilo Tons and USD MN)
- Chile Market Analysis (Kilo Tons and USD MN)
- Rest of Latin America Market Analysis (Kilo Tons and USD MN)
- Middle East & Africa Market Analysis (Kilo Tons and USD MN)
- Saudi Arabia Market Analysis (Kilo Tons and USD MN)
- UAE Market Analysis (Kilo Tons and USD MN)
- Israel Market Analysis (Kilo Tons and USD MN)
- South Africa Market Analysis (Kilo Tons and USD MN)
- Rest of Middle East and Africa Market Analysis (Kilo Tons and USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Chlorophyll Extract Report
- Market Research Process
- Market Research Methodology
- Global Chlorophyll Extract Market Size, by Region (Kilo Tons and USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (Kilo Tons and USD MN)
- Liquid Market by Geography (Kilo Tons and USD MN)
- Tablet Market by Geography (Kilo Tons and USD MN)
- Powder Market by Geography (Kilo Tons and USD MN)
- Global Market Analysis by Application (Kilo Tons and USD MN)
- Food Additive Market by Geography (Kilo Tons and USD MN)
- Cosmetics Market by Geography (Kilo Tons and USD MN)
- Dietary Supplement Market by Geography (Kilo Tons and USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.