DUBLIN--(BUSINESS WIRE)--The "Chlorella Ingredients - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Chlorella Ingredients Market to Reach $1 Billion by 2027
Amid the COVID-19 crisis, the global market for Chlorella Ingredients estimated at US$276.7 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 20.2% over the analysis period 2020-2027.
Food & Beverages, one of the segments analyzed in the report, is projected to record a 20.1% CAGR and reach US$751.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Animal Feed segment is readjusted to a revised 19.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $74.5 Million, While China is Forecast to Grow at 25.3% CAGR
The Chlorella Ingredients market in the U.S. is estimated at US$74.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$235.8 Million by the year 2027 trailing a CAGR of 25.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.9% and 18.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.3% CAGR.
Dietary Supplements Segment to Record 21.1% CAGR
In the global Dietary Supplements segment, USA, Canada, Japan, China and Europe will drive the 20.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$16.7 Million in the year 2020 will reach a projected size of US$61.2 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$147.7 Million by the year 2027, while Latin America will expand at a 22.5% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Aurora
- Cellana Inc.
- Corbion Biotech Inc.
- FEBICO (Far East Bio-Tec Co., Ltd.)
- Fuqing King Dnarmsa Spirulina Co., Ltd.
- Heliae
- Pharmafreak
- Phytomer
- Roquette
- Tianjin Norland Biotech Co., Ltd.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Chlorella Ingredients Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Food & Beverages (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
- Food & Beverages (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
- Food & Beverages (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Animal Feed (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
- Animal Feed (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019
- Animal Feed (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
- Dietary Supplements (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
- Dietary Supplements (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2012-2019
- Dietary Supplements (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Chlorella Ingredients Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Chlorella Ingredients Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
- Chlorella Ingredients Historic Demand Patterns by End-Use in US$ Thousand for 2012-2019
- Chlorella Ingredients Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/tuznlq
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February 22, 2021 at 05:17PM
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Global Chlorella Ingredients Market Trajectory & Analytics Report 2020-2027 with COVID-19 Impact Insights on Production & Procurement for 2020 & 2021 - ResearchAndMarkets.com - Business Wire
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