Global Chitosan Market Expected to Reach a Value of US $1,218 Million by End of Forecast Period, 2019-2024 - ResearchAndMarkets.com
The "Chitosan Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The publisher expects the market to reach a value of US$ 1,218 Million by 2024, registering a CAGR of around 12% during 2019-2024.
The global chitosan market reached a value of US$ 611 Million in 2018. Chitosan is a naturally occurring deacetylated chitin which is extracted from the hard outer-skeleton or shells of shrimps, crabs and lobsters, along with mushrooms and yeasts. It is primarily used as an ingredient in medicines for treating various conditions, such as kidney failure, obesity, anemia, high cholesterol levels, hyperphosphatemia, insomnia and Crohn's disease. In the pharmaceutical manufacturing sector, chitosan is utilized in the development of edible films; as a filler in tablets; a carrier in controlled-release drugs and to improve the dissolvability of certain medicinal salts. Having antibacterial and antifungal properties, chitosan is extensively used as a natural antimicrobial agent in the cosmetics, agricultural and food industries.
The growing pharmaceutical industry, along with the increasing requirement for wastewater treatment across the globe represent the key factors driving the growth of the market. In the pharmaceutical industry, chitosan being a biomaterial with antibacterial and antimicrobial properties, is gaining demand in the production of biomedical and tissue regeneration devices, hemodialysis membranes and implant coatings for drug delivery systems. Furthermore, its demand is also increasing in the water treatment plants for eliminating impurities present in the industrial, municipal and commercial waste, including heavy minerals, phosphorous and oils. It is also used as a flocculating, coagulating and chelating agent, which is further acting as a major growth-inducing factor. Additionally, owing to its non-toxic nature, chitosan is increasingly being adopted as a food additive and dietary supplement. Other factors contributing to the market growth include various government policies aimed to improve the quality of surface, ground and drinking water, coupled with the enhanced research and development (R&D) to develop chitosan from non-aquatic sources.
Key Questions Answered in This Report:
- How has the global chitosan market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global chitosan industry?
- What is the breakup of the market based on the grade?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global chitosan industry?
- What are the key driving factors and challenges in the global chitosan industry?
- What is the structure of the global chitosan industry and who are the key players?
- What is the degree of competition in the global chitosan industry?
- What are the profit margins in the chitosan industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Chitosan Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Grade
5.4 Market Breakup by Source
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7 Value Chain Analysis
8 Porter's Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Competition
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Market Breakup by Grade
9.1 Industrial Grade
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Food Grade
9.3 Pharmaceutical Grade
10 Market Breakup by Source
10.1 Shrimp
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Crab
10.3 Squid
10.4 Krill
10.5 Others
11 Market Breakup by Application
11.1 Water Treatment
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Food & Beverages
11.3 Cosmetics
11.4 Medical & Pharmaceuticals
11.5 Agrochemicals
11.6 Others
12 Market Breakup by Region
12.1 Asia Pacific
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Europe
12.3 North America
12.4 Middle East and Africa
12.5 Latin America
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Primex EHF
14.3.2 Heppe Medical Chitosan
14.3.3 Meron Biopolymers
14.3.4 Kitozyme
14.3.5 Golden-Shell Biochemical
14.3.6 FMC Corporation
14.3.7 Agratech
14.3.8 Axio Biosolutions
14.3.9 Marshall Marine Products
For more information about this report visit https://www.researchandmarkets.com/r/xiklbj
View source version on businesswire.com: https://www.businesswire.com/news/home/20200110005305/en/