Global Copper Complexes of Chlorophyll and Chlorophyllins Market: Overview
Chlorophyll is naturally occurring plant pigments present in green plants that help in conversion of sunlight into food through the process of photosynthesis. Chlorophyllins are semi-synthetic compounds derived from chlorophyll, particularly from green leafy vegetables and plants. Copper complexes of chlorophyllins are naturally derived from the mixture of chlorophyllins. These complexes are water soluble in nature and are formed by replacing the magnesium ion with copper ion in the chlorophyll molecule. This enhances the water solubility thereby, increasing the bioavailability and enhances the absorption resulting in various health benefits. Copper complexes of chlorophyll and chlorophyllins finds major application as food colorant due to their dark green colour and also used as internal deodorants.
Global Copper Complexes of Chlorophyll and Chlorophyllins Market: Drivers and Restraints
The growth of copper complexes of chlorophyll and chlorophyllins market is majorly attributed to its extensive applications. It is extensively used as food colorant as it imparts dark green color and is stable against heat and light. Moreover, the consumer consumption behavior is significantly drifting towards naturally derived coloring ingredients over synthetically obtained coloring products. Thereby, accelerating the growth of copper complexes of chlorophyll and chlorophyllins market. Apart from widespread application in food & beverages, it has several health benefits attributed to it such as antioxidant property, internal deodorant properties that help mask the fecal odor and also has an anti-cariogenic property that helps reduces the risk of liver cancer associated with alfa toxin, a liver carcinogen. It is also used as nutritional supplements. Thus, increasing health conscious behavior among consumers has escalated the growth of copper complexes of chlorophyll and chlorophyllins market.
Although, excessive use of copper complexes of chlorophyll and chlorophyllins may result in greenish discoloration of urine and may also lead to diarrhea. Moreover, exhaustive research is required upon its usage among pregnant and lactating mother. Hence, these factors may hamper the growth of copper complexes of chlorophyll and chlorophyllins market. Moreover, lack of awareness among the consumers related to its various applicability may also hamper the growth of its market.
Global Copper Complexes of Chlorophyll and Chlorophyllins Market: Segmentation
On the basis of application, copper complexes of chlorophyll and chlorophyllins market is segmented into:-
- Food and Beverages Industry
- Nutraceutical Industry
- Cosmetics Industry
On the basis of forms, of copper complexes of chlorophyll and chlorophyllins market is segmented into:-
Global Copper Complexes of Chlorophyll and Chlorophyllins Market: Region wise Outlook
The global copper complexes of chlorophyll and chlorophyllins market is categorized into seven regions, namely, Western Europe, Eastern Europe Middle East and Africa (MEA), Asia Pacific excluding Japan, Latin America and, North America.
North America accounts for the largest share of copper complexes of chlorophyll and chlorophyllins market as demand for naturally occurring food additives and coloring agents have been increased over recent times. Asia Pacific and Middle East region projects opportunistic markets for the growth of copper complexes of chlorophyll and chlorophyllins market as there has been increased investment been made by food and beverages manufacturers in indigenous food ingredients. Europe also holds a significant share of copper complexes of chlorophyll and chlorophyllins market due to rise in demand for usage of natural and stable colors in food products and increased health conscious behavior among the consumers.
Global Copper Complexes of Chlorophyll and Chlorophyllins Market: Key Players
Some of the key players identified in the global copper complexes of chlorophylls and chlorophyllins market include:
- D.D. Williamson & Co., Inc.
- Shandong Guangtongbao Pharmaceuticals. Co., Ltd.
- Haining Fengming Chlorophyll Co., Ltd.
- Hawkins Watts Limited
- Aarkay Food Products Ltd.
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