$4+ Billion Worldwide Chitosan Industry to 2027 - Featuring Kitozyme, Panvo Organics & Primex Among Others - PRNewswire

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DUBLIN, June 29, 2020 /PRNewswire/ -- The "Chitosan Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Grade; Application; Source" report has been added to ResearchAndMarkets.com's offering.

The global chitosan market was valued at US$ 1,764.3 million in 2018 and is projected to reach US$ 4,698.7 million by 2027; it is expected to grow at a CAGR of 11.5% from 2019 to 2027.

Chitosan is a natural fibrous material derived from chitin. Chitin is a substance that is produced in the outer shell of shellfish such as lobsters, crabs, and shrimps. Shrimps are considered to be a major source of chitosan as they contain about 25% to 40% of chitin content. Besides shell fish and crustaceans, certain varieties of fungi have also been known to produce low amounts of chitin in their cell walls. However, the lack of an optimal procedure for extraction of chitin on a commercial scale from fungi makes it a less used source for obtaining chitosan.

Chitosan is a rich fiber source and is increasingly incorporated into dietary supplements for promoting weight loss. It is a fibrous material which blocks the absorption of cholesterol and dietary fats and hence is used in medicines to cure diseases such as high cholesterol, obesity, and crohn's disease. Chitosan is also directly applied on the gums to alleviate inflammation of the gums.

Geographically, the global chitosan market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Asia Pacific holds the largest share in the global chitosan market, which is followed by North America and Europe. Japan is dominating the chitosan market in APAC region, followed by China and the South Korea. The chitosan market in Japan is estimated to be the largest. The demand for chitosan in Japan is expected to rise due to growing investment in research and development by manufacturers along with the growing number of applications such as food and beverages, pharmaceuticals, and others. Additionally, robust growth in product offerings is impacting the market growth in this country.

Advanced Biopolymers AS, Kitosano SL, FMC Corporation, GTC Bio corporation, Golden-Shell Pharmaceutical Co. Ltd., Heppe Medical Chitosan GmbH., Kitozyme LLC., Panvo Organics Pvt. Ltd., Primex EHF, and Qingdao Yunzhou Biochemistry Co., Ltd, are some of the players present in global chitosan market.

Overall size of the global chitosan market has been derived using primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global chitosan market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the global chitosan market.

Reasons to Buy:

Highlights key business priorities to assist companies realign their business strategies.
Features key findings and crucial progressive industry trends in the global chitosan market, thereby allowing players to develop effective long-term strategies.
Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
Scrutinizes in-depth market trends as well as key market drivers and restraints.
Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Key Topics Covered:

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. Chitosan Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
4.4 Pricing Analysis of Chitosan at Manufacturing and Distribution Level
4.5 Overview of the Sales Channels of Chitosan

5. Chitosan Market -Market Dynamics
5.1 Market Drivers
5.1.1 Essential Properties of Chitosan
5.1.2 Importance of Chitosan in the Human Nutrition Industry
5.2 Market Restraints
5.2.1 Side Effects of Chitosan
5.3 Market Opportunities
5.3.1 Increasing awareness of chitosan
5.4 Future Trends
5.4.1 Growing Demand of Chitosan in North America and Europe
5.5 Impact Analysis of Drivers and Restraints

6. Chitosan- Global Market Analysis
6.1 Chitosan Market Overview
6.2 Chitosan Market -Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning - Key Market Players

7. Chitosan Market Analysis - By Grade
7.1 Overview
7.2 Chitosan Market, By Grade (2018 and 2027)
7.3 Industrial Grade
7.3.1 Overview
7.3.1.1 Industrial Grade: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)
7.4 Food Grade
7.4.1 Overview
7.4.1.1 Food Grade: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)
7.5 Pharmaceutical Grade
7.5.1 Overview
7.5.1.1 Pharmaceutical Grade: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)

8. Chitosan Market Analysis - By Application
8.1 Overview
8.2 Chitosan Market, By Application (2018 and 2027)
8.3 Water Treatment
8.3.1 Overview
8.3.1.1 Water Treatment: Chitosan Market - Revenue and Forecast to 2027 (US$ Mn)
8.4 Food and Beverages
8.4.1 Overview
8.4.1.1 Food and Beverages: Chitosan Market - Revenue and Forecast to 2027 (US$ Mn)
8.5 Biomedical and Pharmaceuticals
8.5.1 Overview
8.5.1.1 Biomedical and Pharmaceuticals: Chitosan Market - Revenue and Forecast to 2027 (US$ Mn)
8.6 Cosmetics
8.6.1 Overview
8.6.1.1 Cosmetics: Chitosan Market - Revenue and Forecast to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.1.1 Others: Chitosan Market - Revenue and Forecast to 2027 (US$ Mn)

9. Chitosan Market Analysis - By Source
9.1 Overview
9.2 Chitosan Market, By Source (2018 and 2027)
9.3 Shrimp
9.3.1 Overview
9.3.1.1 Shrimp: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)
9.4 Prawns
9.4.1 Overview
9.4.1.1 Prawns: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)
9.5 Insects
9.5.1 Overview
9.5.1.1 Insects: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)
9.6 Crab
9.6.1 Overview
9.6.1.1 Crab: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.1.1 Others: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)

10. Chitosan Market - Geographic Analysis
10.1 Overview
10.2 North America: Chitosan Market
10.3 Europe: Chitosan Market
10.4 APAC: Chitosan Market
10.5 MEA: Chitosan Market
10.6 SAM: Chitosan Market

11. Impact of COVID-19 Pandemic on Global Chitosan Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic
11.6 South America: Impact assessment of COVID-19 Pandemic

12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development

13. Company Profiles
13.1 Advanced Biopolymers AS
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 KitoSano S.L.
13.3 FMC Corporation
13.4 G.T.C. Bio Corporation
13.5 Golden-Shell Pharmaceutical
13.6 Heppe Medical Chitosan GmbH
13.7 Kitozyme, LLC.
13.8 Panvo Organics Pvt. Ltd
13.9 Primex EHF
13.10 Qingdao Yunzhou Biochemistry Co., Ltd.