Materials & Chemicals

Chitosan Market by Source (Shrimp, Crab, Squid, and Krill), Application (Water Treatment, Biomedical & Pharmaceuticals, Cosmetics, Food & beverage, and Others) - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ALL1053372
  • 171 Pages
  • January 2017
  • Materials & Chemicals

Chitosan is a polysaccharide derivative of chitin that is obtained from the shells of marine animals such as shrimps, lobsters, crabs, and others. Chitin extracted from crustacean shell waste is further processed and treated with acids and alkalis to obtain chitosan. According to the Food and Agriculture Organization (FAOSTAT), Europe produces around 750,000 tons of crustacean shell waste every year. This waste disposal in the developed countries is highly expensive, for instance, it costs around $150 per ton in Australia. In addition, the waste is high in proteins and chitin. However, as chitin is the second most beneficial polysaccharide found in nature, other than cellulose, it makes the waste highly valuable. Chitosan is used in a variety of applications such as in agriculture as a bio-pesticide & plant growth promoter, for water treatment, and in the biomedical sector for blood clotting & weight loss. Several researches have estimated potential applications of chitosan in polyurethane paints & coatings, bioprinting of organs, and as a food preservation material.

The world chitosan market is derived by factors such as the growing waste from the seafood industry, the increasing applications of chitosan, and support from the government towards waste utilization. The shell waste is processed into chitin and other high value products. In addition, the surge in demand of bio-based cosmetic products is also expected to propel the market growth during the forecast period. However, the high cost of production may hamper the market growth. The R&D for exploring further applications and uses of chitosan has created a significant growth opportunity for the industry players.

The chitosan market is segmented based on the source, applications, and geography. On the basis of source, the market is subsegmented into shrimp, crab, krill, and squid. Based on application, the market includes water treatment, biomedical & pharmaceuticals, cosmetics, food & beverage, and others. Geographically, the market is analyzed acorss North America, Europe, Asia-Pacific, and LAMEA. The report also includes the country level analysis of each geographic region.

The major companies profiled in the report include:

  • Advanced Biopolymers AS
  • Heppe Medical Chitosan GmbH
  • G.T.C. Bio Corporation
  • Primex ehf
  • Kitozyme S.A.
  • Novamatrix
  • Agratech International, Inc.
  • Golden-Shell Pharmaceutical Co. Ltd.
  • Qingdao Yunzhou Biochemistry Co. Ltd.
  • Panvo Organics Pvt Ltd.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides an extensive analysis of the current and emerging market trends and dynamics in the global chitosan industry.
  • In-depth analysis is conducted by constructing market estimations for the key market segments between 2014 and 2022.
  • Factors driving and restraining the market growth along with their impact analysis are mentioned in the report.
  • Key market players are profiled, with thorough analysis of the strategic actions taken by them to provide complete market understanding.

KEY MARKET SEGMENTS

BY SOURCE

  • Shrimp
  • Crab
  • Krill
  • Squid

BY APPLICATION

  • Water Treatment
  • Biomedical & Pharmaceuticals
  • Cosmetics
  • Food & Beverage
  • Others

BY GEOGRAPHY

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Argentina
    • Rest of LAMEA

Other players that are active across the value chain of chitosan include:

  • BioPhrame Technologies
  • Biothera
  • Dainichiseika Color & Chemicals Mfg. Co. Ltd
  • United Chitotechnologies Inc.
  • Koyo World (Hong Kong) Co. Ltd.
  • Kraeber & Co. GmbH
  • Foodchem International Corporation
  • FMC Corporation
  • Xianju Tengwang Chitosan Factory
  • PT Biotech Surindo

*Above list of companies are not profiled, can be profiled based on client request

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