Comprehensive Market Analysis on Chitosan Market projected to reach USD 3.60 Billion by 2030 | CAGR of 14.5% | Forecast period 2024-2030, published by MarketDigits

Chitosan Market Scope:
Market size value in 2024 - USD 1.40 Billion
Market size value in 2030 - USD 3.60 Billion
CAGR (2023-2030) - 14.5%
Forecast Period - 2024-2030
Segments Covered - Grade, Form, Source, Application, and Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Zhejiang Aoxing Biotechnology, Qingdao Haijia Biology and Technology, Die Heppe Medical Chitosan, KitoZyme, Kraeber & Co GmbH.

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Browse in-depth TOC on Chitosan Market
178-Tables
95-Figures
335-Pages

Asia Pacific dominates the Chitosan Market
The chitosan Market is dominated by the Asia Pacific region that can be attributed to the rapid development of end-use industries in Japan, China, India, and South Korea. North America is also a significant player in the chitosan market, with a focus on the increasing demand for chitosan in areas with high concentrations of contaminated water bodies, as governments promote the advantages of chitosan in wastewater treatment.
The market is driven by the increasing global water treatment applications, high growth of cosmetics with organic ingredients, and the production of chitosan from non-aquatic sources to improve the quality and functionality of end products. The market is also seeing growth in biomedicine & pharmaceutical applications, with chitosan being used in a diverse range of products due to its unique properties.

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Top Key Players Covered in the Report-
AgraTech International, CarboMer, Golden-Shell Pharmaceuticals, Die Heppe Medical Chitosan, KIMICA, KitoZyme, Kraeber & Co GmbH, Meron, Qingdao Haijia Biology and Technology, Tidal Vision, ChitoLytic, Zhejiang Aoxing Biotechnology, Primex, and Others.

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Recent Developments -
November 2023, LAGOSTA, a biotech company announced a collaboration with Merck. The partnership is aiming to facilitate the LAGOSTA's superior chitosan distribution via Merck's renowned Life Science business e-commerce platform.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-chitosan-market-projected-to-reach-usd-360-billion-by-2030

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This release was published on openPR.