Global Chlorella Market Size, Share, Growth, and Forecast to 2030

The Chlorella Market was worth more than USD 281.6 million in 2021 and is expected to increase to about USD 401.7 million by 2028, with a compound yearly growth rate (CAGR) of 6.1% throughout the forecast period.

Chlorella Market: Overview

Chlorella is a freshwater microbe that lives and grows in freshwater. Chlorella is a single-celled alga found only in pure water. It has a high chlorophyll concentration in comparison to other plants. People are growing increasingly concerned about living longer and healthier lives. Organic meals that are natural, additive-free, and preservative-free are becoming increasingly popular among customers. This is one of the primary drivers of market expansion.

Chlorella Market: Drivers

Manufacturers of chlorella, nutraceuticals, and dietary supplements are the key drivers. The chlorella industry's global rise has been aided by rising demand for cosmetics and personal care products. Chlorella is a pigmenting ingredient found in many cosmetics. Additionally, chlorella contains a high concentration of chlorophyll, which is present in personal care products like lotions.

Market Segmentation for Chlorella:

The Chlorella Market is classified into technology, product type, source, application, and sales/distribution channel categories.

The market is divided into four categories based on technology: autotrophic, open pond, closed pond, and heterotrophic. Because of its higher production, lower risk of contamination, low water usage, low space utilization, and high biomass purity, the heterotrophic segment is likely to grow the fastest over the projected time.

The market is divided into Powder, Tabs, Extract, and Capsules. The powder segment is expected to account for the majority of the chlorella market throughout the forecast period. The significant market share is mostly due to the powerful coloring ability of chlorella powder.

Competitive Landscape

Some of the main competitors dominating the Chlorella Market include - Distributing Ltd. (Canada), Roquette Klötze GmbH & Co. KG (Germany), Phycom (Netherlands), Tianjin Norland Biotech Co., Ltd. (China), Fuqing King Dnarmsa Spirulina Co. Ltd. (China), Far East Microalgae Industries, Co., Ltd. (FEMICO) (Taiwan), Allmicroalgae - Natural Products, S.A (Portugal), Qingdao Haizhijiao Biotechnology Co., Ltd. (China), STAUBER (U.S.), Alver World SA (Switzerland), AlgoSource (France), Taiwan Chlorella Manufacturing Company (Taiwan), E.I.D. - Parry (India) Limited (India), Dongtai City Spirulina Bio-engineering Co., Ltd. (China), Duplaco B.V. (Netherlands), Sun Chlorella Corporation (Japan), Algorigin (Switzerland), Yunnan Green A Biological Project Co., Ltd (China), Zhejiang Comp Spirulina Co., Ltd. (China), Gong Bih Enterprise Co., Ltd. (China), and Wilson Group (Taiwan).

Chlorella Market is segmented as follows:

By Technology

Autotrophic

Open Pond

Closed Pond

Heterotrophic

By Product Type

Powder

Tablets

Extract

Capsules

By Source

Chlorella Vulgaris

Chlorella Pyrenoidosa or Sorokiniana

Others

By Application

Nutraceuticals

Food & Beverages

Animal Feed

Cosmetics

Others

By Sales/Distribution Channel

B2B

B2C

Offline

Distributors

Retailers

Direct-To-Consumer

Online

By Region

North America

The U.S.

Canada

Europe

France

The UK

Spain

Germany

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Southeast Asia

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

GCC

South Africa

Rest of Middle East & Africa

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