Title: Chlorella Powder Ingredient Market Analysis, Emerging Trends, Key Players, Future Scope
1Chlorella Powder Ingredient Market Dynamics
Trends, Segmentation, Key Players And Forecast
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2- Chlorella serves as a nutritional supplement for
animals as the components of this alga help in
strengthening their immune systems. The intake of
chlorella powder improves the bodys immunity
against fungi, viruses, and bacteria. Moreover,
the vitamin A and C content of chlorella help in
promoting hair growth and reducing skin problems
in animals. As a result of these benefits,
animal feed producers are focusing on the
production of chlorella-based animal feed.
Additionally, the pet food industry is also
emphasizing on the introduction of chlorella-
based animal supplements to enhance the immune
system of pet animals. - Furthermore, chlorella serves as a nutritional
supplement for humans as well. In recent years,
the surging public focus on health and fitness
has accelerated the consumption of chlorella-
based food supplements worldwide. Due to this
reason, the chlorella powder ingredient market
will advance at 16.5 CAGR during 20192024. The
market was valued at 423.7 million in 2018 and
it is projected to generate 1,106.8 million
revenue by 2024. This nutrient-dense alga helps
in facilitating the removal of heavy metals such
as mercury, lead, and cadmium and stimulating
antibody production in human beings. - Chlorella-based animal feed, nutrition and
protein supplements, and hair care and skincare
products can be purchased from pharmacies,
supermarkets/hypermarkets, online platforms,
specialty stores, and convenience stores.
Nowadays, manufacturers of such products are
increasingly focusing on selling their offerings
via e-commerce platforms. Furthermore, the
rising shift of customers toward online medium is
heavily contributing toward the provision of a
wide product portfolio, better deals, home
delivery, 247 hassle-free shopping experience,
and easy price comparison features by e-commerce
platforms. - According to PS Intelligence, Asia-Pacific
(APAC) dominated the chlorella powder ingredient
market in the preceding years. This can be
attributed to the increasing public
consciousness about healthy living and the
accelerating demand for dietary supplements for
improved health in the region. Besides, the
ascending demand for natural and organic hair
care and skincare products will also create a
huge requirement for chlorella powder
ingredients in the region in the foreseeable
future. Among APAC nations, China consumes the
highest quantity of this nutrition-intensive
alga. - Therefore, the escalating public awareness about
health and fitness and booming demand for
organic and natural cosmetic products will fuel
the consumption of chlorella powder ingredients
in the upcoming years. - This study covers
- Historical and the present size of the Chlorella
Powder Ingredient Market - Major factors driving the market and their impact
during the short, medium, and long terms - Market restraints and their impact during the
short, medium, and long terms - Recent trends and evolving opportunities for the
market participants - Historical and the present size of the market
segments and understand their comparative future
potential - Potential of on-demand logistics services, so the
market players make informed decisions on the
sales of their offerings
3- Competitive scenario of various market segments
across key countries in several regions for
uncovering market opportunities for the
stakeholders - Major players operating in the market and their
service offerings - Recent strategic developments by the major
players in the market
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