Press release
Chitosan Market will show exponential growth from prawns segment over 2019-2024
Chitosan Market
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Chitosan market has also etched out a growth path through the development of edible alternatives in food packaging. Researchers are therefore developing packaging alternatives made of chitosan as an option that has the potential to replace plastic in the food and animal feed industries. As per the Australian Marine Debris Initiative Database, plastics constitute one of the biggest pollutants in the Australian waterways, with up to 130,000 tones winding up in the ocean each year.
Researchers at the National University of Singapore have succeeded in developing an ecofriendly food packaging material that is chemical additives free by fortifying natural chitosan composite film with seed extract from grapefruit. This innovative food packaging material can impede fungal growth resulting in doubling the shelf life of perishable food. As such packaging options come to achieve mainstream acceptance, chitosan market is bound to register a growth influx over the ensuing years.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. GTCbio
2. Panvo Organics P Ltd
3. KitoZyme
4. FMC Corporation
5. Shell
6. PT Bio Takara
7. Primex Pharmaceuticals
8. Heppe Medical Chitosan GmbH
9. Koyo World (Hong Kong) Co. Ltd.
10. Dainichi Seika Vietnam Co., Ltd.
The production procedure for chitin and chitosan involves use of hydrogen peroxide and high temperatures besides the use of aggressive agents, concentrated solutions of acids and sodium hydroxide. Large volumes of industrial wastewater containing acid and alkali are produced during the chemical treatment of chitin and chitosan. However, the compounds are used across a wide array of industries that include medicine, agriculture, cosmetics and food processing. Considering such applications and the relative eco friendliness of chitosan, extensive research and development is being conducted in the chitosan market to create a product that is not as harmful to the environment.
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Massive investments by the companies and research institutes in new product development along with the emergence of the latest technology trends are poised to expedite the commercialization scope of chitosan market considerably. The frequent launch of new products will also help players to gain an edge over their competitors. The continuous involvement of scientists in the invention of effective medicinal formulations with the integration of chitin and chitosan products will further strengthen the industry trends. Powered by the surging contribution of companies to minimize the initial production cost and the expanding application terrain of this material, the overall chitosan market is likely to surpass a revenue collection of USD 5.1 billion by the end of 2024.
Table Of Content For This Research Report:
Chapter 5. Chitosan Market, By End-user
5.1. Chitosan market share by end-user, 2017 & 2024
5.2. Water treatment
5.2.1. Chitosan market estimates and forecast, 2013 - 2024
5.2.2. Chitosan market estimates and forecast by region, 2013 – 2024
5.3. Cosmetic & toiletries
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast by region, 2013 – 2024
5.4. Food & beverage
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast by region, 2013 – 2024
5.5. Healthcare/Medical
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast by region, 2013 – 2024
5.6. Agrochemical
5.6.1. Market estimates and forecast, 2013 - 2024
5.6.2. Market estimates and forecast by region, 2013 – 2024
5.7. Biotechnology
5.7.1. Market estimates and forecast, 2013 - 2024
5.7.2. Market estimates and forecast by region, 2013 – 2024
5.8. Others
5.8.1. Market estimates and forecast, 2013 - 2024
5.8.2. Market estimates and forecast by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/chitosan-market
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Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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