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Chitosan Global Market Size is Expected to Grow to $14.67 Billion at a CAGR of 21.0% By 2027 | Advanced Biopolymers AS, Agratech International, Inc., Bio Corporation, Kitozyme S.A, Novamatrix
Chitosan Market
The Business Research Company's Chitosan Global Market Report 2023 identifies the increase in requirements for wastewater treatment across the globe is expected to propel the growth of the chitosan market. Wastewater treatment has been defined as the process of removing impurities from wastewater before it reaches natural bodies or aquifers such as oceans, lakes, and rivers.
The global chitosan market size grew from $6.01 billion in 2022 to $6.84 billion in 2023, at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The chitosan market size is expected to grow to $14.67 billion in 2027 at a CAGR of 21.0%.
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Major players in the chitosan market are Advanced Biopolymers AS, Agratech International, Inc., Golden-Shell Pharmaceutical Co. Ltd., G.T.C. Bio Corporation, Heppe Medical Chitosan GmbH, Kitozyme S.A, Novamatrix, Panvo Organics Pvt Ltd., Primex Ehf, Qingdao Yunzhou Biochemistry Co., Ltd., Dainichiseika Color & Chemicals Mfg, Meron Biopolymers, KIMICA Corporation, Kraeber & Co. GmbH, Axio Biosolutions, Marshall Marine Products, PT Biotech Surindo, Xianju Tengwang Chitosan Factory, and Biophrame Technologies.
Technological advancements are a key trend gaining popularity in the chitosan market. The key players in the chitosan market are developing innovative technologies or products for specific applications such as film packaging, skin tissue engineering, pharmaceutical drugs, and others.
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https://www.thebusinessresearchcompany.com/report/chitosan-global-market-report
The Chitosan Market Is Segmented -
• By Grade: Pharmaceutical Grade, Industrial Grade, and Food Grade
• By Source: Shrimp, Squid, Crab, Krill, and Other Sources
• By Application: Water Treatment, Food and Beverages, Cosmetics, Medical and Pharmaceuticals, Agrochemicals, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Chitosan market.
The Business Research Company's "Global Chitosan Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Chitosan Market Include:
1. Executive Summary
2. Chitosan Market Characteristics
3. Chitosan Market Trends And Strategies
4. Chitosan Market - Macro Economic Scenario
5. Chitosan Market Size And Growth
.....
26. Africa Chitosan Market
27. Chitosan Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Chitosan Market
29. Chitosan Market Future Outlook and Potential Analysis
30. Appendix
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