Global
Chlorophylls and Chlorophyllins Market: Overview
Chlorophylls
are the naturally-derived fat soluble green pigment present in all
plants and algae that photosynthesise and convert into chlorophyllin
in the presence of alkali. Chlorophyllin is a chemical compound that
is obtained from the saponification of solvent extracted out from
alfalfa, spinach, grass or nettles that are dried before solvent
extraction to form natural food colourants products. Chlorophyllins
account for 90 % of the colouring matter in the food additives and
the remaining part comprises other pigments such as carotenoids along
with other edible oils, waxes and fats derived from the source
material. Chlorophyllins are authorised food additives by the
European Union (EU).
Global
Chlorophylls and Chlorophyllins Market: Drivers and Restraints
The
global
chlorophylls and chlorophyllins market is primarily driven by
the increasing demand for plant-based ingredients such as Avocado,
cucumber, spinach, kale, broccoli, snow pea, zucchini, artichoke,
lettuce, kiwi comprising nutrients such as Lutein, calcium, folate,
zeaxanthin, vitamin C, β-carotene products since they are
potentially beneficial as food colourants and are extensively used in
food colouring market. Chlorophyll and chlorophyllin colourants are
in abundance in nature as the green colour characteristic of
photosynthetic plants and easy to extract. Growing demand among
health conscious consumers for the green leafy vegetables and
chlorophyllin is the natural source of bright shiny green colour.
However,
there are few restraints to the chlorophyll and chlorophyllin as
natural food colourants for market growth in other North American and
European countries, as food colourants policies in these countries
are strictly regulated.
Global
Chlorophylls and Chlorophyllins Market: Segmentation
On
the basis of Application, global chlorophylls and chlorophyllins
market is segmented into:-
- Food Additives
- Personal Care
- Cosmetics
- Pharmaceutical
On
the basis of product type, Global Chlorophylls and chlorophyllins
market is segmented into:-
- Type A by Plants
- Type B by Algae
Global
Chlorophylls and Chlorophyllins Market: Region wise Outlook
The
global Chlorophylls and chlorophyllins Market is divided into seven
regions, namely North America, Latin America, Asia Pacific excluding
Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East
and Africa (MEA). North America holds the major share in the global
chlorophylls and chlorophyllins Market in terms of production of
chlorophylls and chlorophyllins products. The Chlorophylls and
chlorophyllins market in the APEJ region especially in China is
expected to expand at substantial growth rate. The Chlorophylls and
chlorophyllins market growth in Latin America is robust, owing to the
growing demand for natural food colourants in the region. The global
chlorophyll and chlorophyllin food colourants adoption in MEA is
relatively lesser than in other regions of the globe due to low
availability of raw materials in this region.
Global
Chlorophylls and Chlorophyllins Market: Key Players
Some
of the prominent players identified in the global chlorophyll and
chlorophyllins market includes:
- Qingdao Terio Corporation
- Guangtongbao Pharmaceuticals
- HaiNing FengMing Chlorophyll
- Shanghai Brightol International Co., Ltd.
- Shandong S-Sun Biotechnology Co., Ltd.
- Vinayak Ingredients
- Xi'an Pyson Biotech Co., Ltd.
- KANEGRADE LIMITED
- Sunrise health Co.,LTD
- Aarkay Food Products Ltd
- Suixian Hengtai Biotechnology Co., Ltd.
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