Global Chlorophyll Extract Market: Overview
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Global Chlorophyll Extract Market: Segmentation
The global market for the chlorophyll extract is fragmented into its form and application. Based on the form the chlorophyll extract is available in the global market it is segregated into tablet, liquid, and powder form. Based on the application, the market is categorized into cosmetics, food additive, and the dietary supplement.
Global Chlorophyll Extract Market: Growth Factors
The main factor that is driving the chlorophyll extract market, the acceptance of herbal extracts is gaining significant traction in developed countries such as North America and Western Europe attributed to its popularity as safe to use product and used in various weight-loss formulations, coupled with an increase in number of health-conscious consumers is driving the herbal extract market and in turn fueling growth of chlorophyll extract.
The use of chlorophyll extract is not just limited to its health benefits, it also used in cosmetic preparations, chlorophyll-containing ointment or cream are now available in the market which is claimed to be a natural treatment for herpes by helping reduce the number of sores and further helps in decreasing the time taken for healing process.
A trend of high research in natural products based drug development, the present recent research trends show a clear indication for natural products to thrive as an important source of new drugs and raw materials for the development of drugs and cosmetics in the future.
Global Chlorophyll Extract Market: Regional Analysis
According to the regional study, the global market for the chlorophyll extract is diversified into North America, Western Europe, the Middle East and Africa Eastern Europe, Asia Pacific, and Latin America. The regions that have lately started increased consumption of the chlorophyll extract are the North America and Europe. In North America, the state of the U.S. has an increased consumption of the chlorophyll extract which is being used in a health beverage. In the Asia Pacific region, there is a healthy market growth. In the Indian and the Chinese tradition, the chlorophyll that is derived from the parsley is used for the cure of the bad breath.
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Global Chlorophyll Extract Market: Competitive Players
The key market players that are involved in the chlorophyll market include Global Essence, Inc., Merck Group, British Chlorophyll Ltd., Kancor Ingredients Ltd., and Sensient Colors LLC.