The global chitosan market size is expected to reach around US$ 29 billion by 2030 from US$ 7 billion in 2021 and is expected to grow at an impressive double-digit rate of 25% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global chitosan market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
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Crucial factors accountable for market growth are:
- The increasing demand of Chitosan in the end user industries
- Rising water treatment activities at the global level
- Significant progress in the healthcare/medical industry in industrialized countries
- Rising obesity and overweight rates in the region, as well as increased public health awareness
Report Highlights
- Based on the sources, the Chitosan market is dominated by shrimp followed by crab. Shrimp is considered the primary source of chitosan because it contains approximately 25% to 40% chitin, whereas crab shell contains approximately 15% to 20%.
- The waste water segment is the most prominent segment in the market which contributed largest share in the Chitosan market. Nations have enacted stringent regulations prohibiting the pollution of naturally occurring water bodies and the illegal discharge of wastewater which will create a positive impact on the Chitosan market.
Recent Developments
- Bioavanta-Bosti, a pioneer in chitosan nanoparticle research, introduced Novochizol in March 2020, a novel chitosan nanoparticle technology that can be utilised to transport and limit any prospective anti-COVID-19 medicine to the lungs of critically ill patients.
- In March 2021, the University of Brasilia, in collaboration with the University of Campinas, Brazil, Centro de Pesquisa em Biotecnologia Ltda, Hospital Regional da Asa Norte (HRAN), Hospital da Regio Leste (HRL), and Hospital Universitário de Brasilia (HUB/UnB), was conducting the VESTA clinical trial to assess the effectiveness of a novel respirator with chitosan nanoparticles.
Report Scope of the Chitosan Market
| Report Coverage | Details |
| Market Size in 2021 | USD 7 billion |
| Growth Rate from 2021 to 2030 | CAGR of 25% |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
Why should you invest in this report?
If you are aiming to enter the global chitosan market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for chitosan are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Regional Snapshots
The Asia Pacific held the largest share in the Chitosan market. One of the primary elements boosting chitosan demand is the easy availability of its raw material, derived as a waste product from the fishing sector. Vietnam is the Southeast Asian country making inroads in the shrimp industry, increasing its farmed shrimp exports by 8% in 2020 to USD 3.3 billion, aided by an increase in vannamei prawn sales due to increased retail demand during the pandemic. India, the world's largest shrimp exporter, had a tough year in 2020, with the COVID-19 pandemic significantly affecting production and export performance. Last year, the South Asian country produced between 650,000 and 700,000 metric tons of shrimp, falling from 780,000 to 800,000 MT in 2019. Production in India's shrimp-farming states of Odisha, West Bengal, Andhra Pradesh, and Gujarat all declined in 2020, according to data from the Society of Aquaculture Professionals (SAP).
Some of the prominent players in the global chitosan market include:
- Primex EHF
- Heppe Medical Chitosan GmbH
- Vietnam Food
- KitoZyme S.A.
- Agratech
- Advanced Biopolymers AS (Norway)
- BIO21 Co., Ltd.
- G.T.C. Bio Corporation
- Taizhou City Fengrun Biochemical Co., Ltd.
- Zhejiang Golden-Shell Pharmaceutical Co., Ltd.
- Biophrame Technologies
- Heppe Medical Chitosan GmbH
- Meron Biopolymer
- Qingdao Yunzhou Biochemistry Co.
- Golden-Shell Pharmaceutical Co. Ltd
- FMC Corp.
Market Segmentation:
Segments Covered in the Report
By Source
- Shrimps
- Prawns
- Crabs
- Other Sources
By Application
- Water treatment
- Cosmetics
- Pharmaceutical and Biomedical
- Food and Beverage
- Other Applications
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Regional Analysis:
The geographical analysis of the global chitosan market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global chitosan Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global chitosan market in 2030?
- What is the expected CAGR for the chitosan market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global chitosan market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Chitosan Market
5.1. COVID-19 Landscape: Chitosan Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Chitosan Market, By Source
8.1. Chitosan Market, by Source Type, 2021-2030
8.1.1. Shrimps
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Prawns
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Crabs
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Other Sources
8.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Chitosan Market, By Application
9.1. Chitosan Market, by Application, 2021-2030
9.1.1. Water treatment
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Cosmetics
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Pharmaceutical and Biomedical
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Food and Beverage
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Chitosan Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Source (2019-2030)
10.1.2. Market Revenue and Forecast, by Application (2019-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Source (2019-2030)
10.1.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Source (2019-2030)
10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Source (2019-2030)
10.2.2. Market Revenue and Forecast, by Application (2019-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Source (2019-2030)
10.2.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Source (2019-2030)
10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Source (2019-2030)
10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Source (2019-2030)
10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Source (2019-2030)
10.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Source (2019-2030)
10.3.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Source (2019-2030)
10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Source (2019-2030)
10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Source (2019-2030)
10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Source (2019-2030)
10.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Source (2019-2030)
10.4.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Source (2019-2030)
10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Source (2019-2030)
10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Source (2019-2030)
10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Source (2019-2030)
10.5.2. Market Revenue and Forecast, by Application (2019-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Source (2019-2030)
10.5.3.2. Market Revenue and Forecast, by Application (2019-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Source (2019-2030)
10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)
Chapter 11. Company Profiles
11.1. Primex EHF
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Heppe Medical Chitosan GmbH
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Vietnam Food
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. KitoZyme S.A.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Agratech
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Advanced Biopolymers AS (Norway)
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. BIO21 Co., Ltd.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. G.T.C. Bio Corporation
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Taizhou City Fengrun Biochemical Co., Ltd.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Zhejiang Golden-Shell Pharmaceutical Co., Ltd.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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