Chitosan Market Research Future Insights:

The Global Chitosan Market Size is estimated to be worth USD 8.5 Billion by 2030, registering a 25.90% CAGR during the forecast period (2023- 2030).

Chitosan is a linear polysaccharide, and it's extracted by treating the chitin shells of shrimp and other crustaceans with an alkaline material, similar to sodium hydroxide. Chitosan is an amino polysaccharide polymer commercially manufactured from the shells of crabs, lobster, shrimp, and crayfish. It's produced through chemical or enzymatic deacetylation of chitin shells or exoskeletons of insects, crustaceans, and the cell walls of fungi with an alkaline material similar to sodium hydroxide. Each raw material for the product has specific chitosan content hence playing a major role in commercial manufacturing. Shrimp is a significant source of chitosan since it contains around 25 to 40 chitin, whereas, the crab shell contains around 15 to 20.

Chitosan has several commercial and viable biomedical uses. Chitosan is extensively used in the food & beverage industry, pharmaceuticals & nutraceuticals, personal care products, and agriculture. Chitosan is utilized in agriculture for seed treatment and as a biopesticide, supporting plants to fight off fungal infections. In beverage industries, particularly winemaking, chitosan can be utilized as a fining agent and helps prevent spoilage. For medicinal objectives, chitosan is applied in bandages to reduce bleeding and as an antibacterial agent.

Growing product demand from the cosmetics industry and expanding the scope of product application in waste-water treatment are also expected to boost the market growth. Likewise, the elimination of strict regulations that limited the establishment of new manufacturing units by the Government of Mexico has responded to the development of new and large-scale pharmaceutical manufacturing facilities in the region.

Regional Analysis:

The Global Chitosan Market is divided into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

North America is expected to be the largest regional market worldwide. Chitosan's market is predicted to rise due to the escalating need for water treatment chemicals generated from natural sources. Also, the presence of substantial industry participants exercising chitosan in food goods and personal care products in the region are fueling the boost of the chitosan market there.

Asia- Pacific is anticipated to register the highest CAGR in the chitosan industry during the forecast period. The presence of various chitosan manufacturers in Japan & China and the smooth availability of raw materials are punching the market growth in the region. Moreover, the growing application of chitosan in several end-user industries and lightning industrialization in nations like India, China, and Thailand is anticipated to boost the regional growth of the chitosan industry.

Market Segmentations:

The global Chitosan Market Overview is segmented into the following types;

By Source

• Shrimps

• Prawns

• Crabs

• Lobsters

• Fungi

• Others

By Application

• Food & Beverages

• Pharmaceuticals & Nutraceuticals

• Cosmetics & Personal care

• Agriculture

• Others

Key Players:

The global Chitosan Market’s prominent key players are Primex ehf (Iceland), Heppe Medical Chitosan GmbH (Germany), KitoZyme S.A. (Belgium), Advanced Biopolymers AS (Norway), BIO21 Co. Ltd. (Thailand), G.T.C. Bio Corporation (China), Taizhou City Fengrun Biochemical Co. Ltd. (China), Zhejiang Golden-Shell Pharmaceutical Co. Ltd. (China), Panvo Organics Pvt. Ltd. (India), Xianju Tengwang Chitosan Factory (China).

Related Reports:

Frozen Pizza Market Research Report Information By Crush Type (Thin Crust, Pan, Stuffed Crust, and Others), By Category (Gluten-Free, and Conventional), By Size (Regular, Medium, and Large), By Distribution Channel (Store-Based Supermarkets & Hypermarkets, Convenience Stores, and Specialty Stores) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

Rapport d'étude de marché sur les champignons shiitake : informations par type de produit (frais, congelé et séché), catégorie (biologique et conventionnelle), canal de distribution (en magasin et hors magasin) et région (Amérique du Nord, Europe, Asie-Pacifique et reste du monde) - Prévisions jusqu'en 2030

Marktforschungsbericht für Avocadoöl: Informationen nach Kategorie (biologisch und konventionell), nach Anwendung (Lebensmittel und Getränke (Bäckerei und Süßwaren, Getränke, Milch- und Tiefkühldesserts, süße und herzhafte Snacks und andere), Pharmazeutika und Nutrazeutika und andere) und Regionen (Nordamerika, Europa, Asien-Pazifik und Rest der Welt) — Prognose bis 2030

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com/