Press release
Chitosan Market to grow over 16% CAGR from 2016 to 2024.
“Chitosan Market is poised to exceed USD 7.5 billion according to this new research report.”
In 2016, the global cosmetics industry was close to USD 260 billion and is anticipated to reach USD 420 billion by 2024 at a CAGR close to 4%. This trend will stimulate chitosan based natural cosmetics market share, as the product is widely used in skin care, hair care and dental care products. Rising consumer attraction towards natural ingredients cosmetics as a ecofriendly and organic substitute to traditional chemical cosmetics will be positively influencing the chitosan market in the forecast period. The high manufacturing cost and cost to treat environmentally hazardous waste post production is a major hurdle for chitosan market. In addition, animal feed manufacturers give tough competition to chitosan market due to the usage of same raw material (shrimp shells, crabs and lobsters) for manufacturing. Growing meat consumption in Asia Pacific has led animal feed manufacturers demand significant quantities of raw material. This has led to augmented shrimp and crab demand, which ultimately adds up to the procurement cost.
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Water treatment held the major share of chitosan market in 2016. The product is majorly used in water treatment as a flocculant, particularly due to its characteristics such as biodegradability, non-toxicity and ample free amino groups in it.
Food & beverage will exhibit gains close to 17% CAGR from 2017 to 2024. The growth is majorly attributed to the growing awareness among consumers about chitosan content in dietary supplements that helps in body weight reduction by fat binding process. The product is also gaining popularity in packaging and preservation of food products by increasing the food shelf life.
Biomedicines & Pharmaceuticals will witness growth close to 16% CAGR over the forecast duration. It is widely used in tablets as a filler, bandage manufacturing, in controlled release drugs as a carrier mainly due to its antibacterial properties, ability to clot blood and mucoadhesive nature. Furthermore, biocompatibility and biodegradability of chitosan makes it preferred in biomedicines and pharmaceutical applications.
Browse key industry insights from the report, “Chitosan Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/chitosan-market
In 2016, Asia Pacific chitosan market share accounted more than half of the industry share. Significant industry along with prominent growth rate by 2024 shall be primarily due to prevalence of vast end-user industries (pharmaceutical, water treatment, cosmetics) in India and China.
In 2016, chitosan market was fragmented with key companies holding close to 30% industry share. Key industry players are FMC Health Nutrition, Dainichiseika Color & Chemicals, Golden Shell Pharmaceutical, GTC Bio Corporation, Heppe Medical Chitosan and Kitozyme S.A.
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Chitosan market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:
Chitosan market by application
o Water treatment
o Biomedicine & Pharmaceuticals
o Industrial
o Food & Beverage
o Cosmetics
o Agrochemical
The above information is provided on a regional and country basis for the following:
o North America
§ U.S.
§ Canada
o Europe
§ Germany
§ UK
§ France
§ Russia
§ Poland
o Asia Pacific
§ China
§ India
§ Japan
§ Australia
§ Indonesia
§ Malaysia
o Latin America
§ Brazil
§ Mexico
o Middle East & Africa
§ South Africa
§ GCC
Report Content
Chapter 5. Chitosan Industry Regional Insights
5.1. Global chitosan market share by region, 2015 & 2024
5.2. North America
5.2.1. Market estimates and forecast, 2013 – 2024
5.2.2. Market estimates and forecast, by application, 2013 – 2024
5.2.3. U.S.
5.2.3.1. Market estimates and forecast, 2013 – 2024
5.2.3.2. Market estimates and forecast, by application, 2013 – 2024
5.3.4. Canada
5.3.4.1. Market estimates and forecast, 2013 – 2024
5.3.4.2. Market estimates and forecast, by application, 2013 – 2024
5.3. Europe
5.3.1. Market estimates and forecast, 2013 – 2024
5.3.2. Market estimates and forecast, by application, 2013 – 2024
5.3.3. Germany
5.3.3.1. Market estimates and forecast, 2013 – 2024
5.3.3.2. Market estimates and forecast, by application, 2013 – 2024
5.3.4. UK
5.3.4.1. Market estimates and forecast, 2013 – 2024
5.3.4.2. Market estimates and forecast, by application, 2013 – 2024
5.3.5. France
5.3.5.1. Market estimates and forecast, 2013 – 2024
5.3.5.2. Market estimates and forecast, by application, 2013 – 2024
5.3.6. Russia
5.3.6.1. Market estimates and forecast, 2013 – 2024
5.3.6.2. Market estimates and forecast, by application, 2013 – 2024
5.3.7. Poland
5.3.7.1. Market estimates and forecast, 2013 – 2024
5.3.7.2. Market estimates and forecast, by application, 2013 – 2024
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4.3. China
5.4.3.1. Market estimates and forecast, 2013 - 2024
5.4.3.2. Market estimates and forecast, by application, 2013 - 2024
5.4.4. India
5.4.4.1. Market estimates and forecast, 2013 - 2024
5.4.4.2. Market estimates and forecast, by application, 2013 – 2024
5.4.5. Japan
5.4.5.1. Market estimates and forecast, 2013 - 2024
5.4.5.2. Market estimates and forecast, by application, 2013 - 2024
5.4.6. Australia
5.4.6.1. Market estimates and forecast, 2013 - 2024
5.4.6.2. Market estimates and forecast, by application, 2013 – 2024
5.4.7. Indonesia
5.4.7.1. Market estimates and forecast, 2013 - 2024
5.4.7.2. Market estimates and forecast, by application, 2013 - 2024
5.4.8. Malaysia
5.4.8.1. Market estimates and forecast, 2013 - 2024
5.4.8.2. Market estimates and forecast, by application, 2013 – 2024
5.5. Latin America (LATAM)
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by application, 2013 – 2024
5.5.3 Brazil
5.5.3.1 Market estimates and forecast, 2013 - 2024
5.5.3.2 Market estimates and forecast, by application, 2013 – 2024
5.5.4 Mexico
5.5.4.1 Market estimates and forecast, 2013 - 2024
5.5.4.2 Market estimates and forecast, by application, 2013 – 2024
5.6. Middle East & Africa (MEA)
5.6.1. Market estimates and forecast, 2013 - 2024
5.6.2. Market estimates and forecast, by application, 2013 – 2024
5.6.3 South Africa
5.6.3.1 Market estimates and forecast, 2013 - 2024
5.6.3.2 Market estimates and forecast, by application, 2013 – 2024
5.6.3 GCC
5.6.3.1 Market estimates and forecast, 2013 - 2024
5.6.3.2 Market estimates and forecast, by application, 2013 – 2024
Chapter 6. Competitor Profiles
6.1. GTC Bio Corporation
6.1.1. Business Overview
6.1.2. Financial Data
6.1.3. Product Landscape
6.1.4. Strategic Outlook
6.2. Panvo Organics Pvt., Ltd.,
6.2.1. Business Overview
6.2.2. Financial Data
6.2.3. Product Landscape
6.2.4. Strategic Outlook
6.3. KitoZyme S.A.
6.3.1. Business Overview
6.3.2. Financial Data
6.3.3. Product Landscape
6.4.4. Strategic Outlook
6.4. Xianju Tengwang Chitosan Factory
6.4.1. Business Overview
6.4.2. Financial Data
6.4.3. Product Landscape
6.4.4. Strategic Outlook
6.5. FMC Health
6.5.1. Business Overview
6.5.2. Financial Data
6.5.3. Product Landscape
6.5.4. Strategic Outlook
6.6. Golden-Shell Pharmaceutical Co.
6.6.1. Business Overview
6.6.2. Financial Data
6.6.3. Product Landscape
6.6.4. Strategic Outlook
6.7. PT Biotech Surindo
6.7.1. Business Overview
6.7.2. Financial Data
6.7.3. Product Landscape
6.7.4. Strategic Outlook
6.8. Primex ehf
6.8.1. Business Overview
6.8.2. Financial Data
6.8.3. Product Landscape
6.8.4. Strategic Outlook
6.9. Heppe Medical Chitosan GmbH
6.9.1. Business Overview
6.9.2. Financial Data
6.9.3. Product Landscape
6.9.4. Strategic Outlook
6.10. United Chitotechnologies Inc.
6.10.1. Business Overview
6.10.2. Financial Data
6.10.3. Product Landscape
6.10.4. Strategic Outlook
6.11. Koyo World (Hong Kong) Co. Ltd.
6.11.1. Business Overview
6.11.2. Financial Data
6.11.3. Product Landscape
6.11.4. Strategic Outlook
6.12. Dainichiseika Color & Chemicals
6.12.1. Business Overview
6.12.2. Financial Data
6.12.3. Product Landscape
6.12.4. Strategic Outlook
Browse full Table of Content @ https://www.gminsights.com/toc/detail/chitosan-market
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