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Global Chitosan Market Expected to Reach a Value of US $1,218 Million by End of Forecast Period, 2019-2024 - ResearchAndMarkets.com

January 10, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 10, 2020--

The “Chitosan Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The publisher expects the market to reach a value of US$ 1,218 Million by 2024, registering a CAGR of around 12% during 2019-2024.

The global chitosan market reached a value of US$ 611 Million in 2018. Chitosan is a naturally occurring deacetylated chitin which is extracted from the hard outer-skeleton or shells of shrimps, crabs and lobsters, along with mushrooms and yeasts. It is primarily used as an ingredient in medicines for treating various conditions, such as kidney failure, obesity, anemia, high cholesterol levels, hyperphosphatemia, insomnia and Crohn’s disease. In the pharmaceutical manufacturing sector, chitosan is utilized in the development of edible films; as a filler in tablets; a carrier in controlled-release drugs and to improve the dissolvability of certain medicinal salts. Having antibacterial and antifungal properties, chitosan is extensively used as a natural antimicrobial agent in the cosmetics, agricultural and food industries.

The growing pharmaceutical industry, along with the increasing requirement for wastewater treatment across the globe represent the key factors driving the growth of the market. In the pharmaceutical industry, chitosan being a biomaterial with antibacterial and antimicrobial properties, is gaining demand in the production of biomedical and tissue regeneration devices, hemodialysis membranes and implant coatings for drug delivery systems. Furthermore, its demand is also increasing in the water treatment plants for eliminating impurities present in the industrial, municipal and commercial waste, including heavy minerals, phosphorous and oils. It is also used as a flocculating, coagulating and chelating agent, which is further acting as a major growth-inducing factor. Additionally, owing to its non-toxic nature, chitosan is increasingly being adopted as a food additive and dietary supplement. Other factors contributing to the market growth include various government policies aimed to improve the quality of surface, ground and drinking water, coupled with the enhanced research and development (R&D) to develop chitosan from non-aquatic sources.

Key Questions Answered in This Report:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Chitosan Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Grade

5.4 Market Breakup by Source

5.5 Market Breakup by Application

5.6 Market Breakup by Region

5.7 Market Forecast

6 SWOT Analysis

6.1 Overview

6.2 Strengths

6.3 Weaknesses

6.4 Opportunities

6.5 Threats

7 Value Chain Analysis

8 Porter’s Five Forces Analysis

8.1 Overview

8.2 Bargaining Power of Buyers

8.3 Bargaining Power of Suppliers

8.4 Degree of Competition

8.5 Threat of New Entrants

8.6 Threat of Substitutes

9 Market Breakup by Grade

9.1 Industrial Grade

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Food Grade

9.3 Pharmaceutical Grade

10 Market Breakup by Source

10.1 Shrimp

10.1.1 Market Trends

10.1.2 Market Forecast

10.2 Crab

10.3 Squid

10.4 Krill

10.5 Others

11 Market Breakup by Application

11.1 Water Treatment

11.1.1 Market Trends

11.1.2 Market Forecast

11.2 Food & Beverages

11.3 Cosmetics

11.4 Medical & Pharmaceuticals

11.5 Agrochemicals

11.6 Others

12 Market Breakup by Region

12.1 Asia Pacific

12.1.1 Market Trends

12.1.2 Market Forecast

12.2 Europe

12.3 North America

12.4 Middle East and Africa

12.5 Latin America

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Primex EHF

14.3.2 Heppe Medical Chitosan

14.3.3 Meron Biopolymers

14.3.4 Kitozyme

14.3.5 Golden-Shell Biochemical

14.3.6 FMC Corporation

14.3.7 Agratech

14.3.8 Axio Biosolutions

14.3.9 Marshall Marine Products

For more information about this report visit https://www.researchandmarkets.com/r/xiklbj

View source version on businesswire.com:https://www.businesswire.com/news/home/20200110005305/en/

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KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Research and Markets

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PUB: 01/10/2020 09:16 AM/DISC: 01/10/2020 09:16 AM

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