Home > Chemicals & Materials > Biobased Chemicals > Biobased Chemical Intermediates > Chitosan Market

Chitosan Market Share

Report ID: GMI760
Published Date: Dec 2021
Report Format: PDF

Download Free Sample

Chitosan Market Share

Key industry participants in the chitosan industry are

DuPont Nutrition Norge AS
Dainichiseika Color & Chemicals Mfg.
Kraeber & Co. GmbH
Golden Shell Pharmaceuticals Co., Ltd.
Foodchem International Corporation
KitoZyme S.A.
Primex ehf

Industry payers are engaged in strategic partnerships with research universities, followed by mergers & acquisitions and new distribution agreements, among others for expansion of their market share. For instance, in 2020, Austanz Chitin Pty Ltd. (Biomedical Chitosan) partnered with Queensland University of Technology (QUT) for the establishment of a training center to enhance the capabilities in advanced manufacturing of antipathogenic materials.

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

Chitosan market is slated to achieve $4.35 billion by 2027 and will expand at a CAGR of 14.8% between 2021 and 2027 considering the rising product usage in numerous industries including healthcare, cosmetics, water treatment, food & beverages, and others.

Shrimps based chitosan market size reached USD 700 million in 2020 and will grow at a CAGR of 15.5% up to 2027 owing to increasing product deployment as eco-friendly, biocompatible, and antibacterial biomaterial in water treatment, textile treatment, chromatography, and additives for cosmetics.

Chitosan market revenue from the food & beverage sector will grow at a CAGR of over 15% over 2021-2027 propelled by the extensive use of the product as a shelf-life enhancer and as a food preservative.

North America chitosan market will depict a CAGR of 13% up to 2027 driven by the strong presence of the pharmaceutical industry in the region.