Analysts’ Viewpoint on Chitosan Market Scenario
The growing awareness about the harmful impact of chemical pesticides and the rising demand for environment-friendly solutions for crop disease management are expected to drive the demand for natural components such as chitosan in the upcoming years. The increasing application of chitosan in numerous end-use industries is also driving the chitosan market amid the coronavirus pandemic. Companies in the chitosan market should accelerate product development and unlock revenue opportunities to obtain competitive benefits. Market stakeholders are extending their services to gain a competitive edge. The surging research & development activities to develop innovative products is contributing to the global market growth. In addition, rapid growth of the agriculture sector in the Asia Pacific is a key driving factor for the chitosan market.
Chitosan is considered the second most abundant polysaccharide in the world. Increasing presence of market players operating in the chitosan market and rising competition among these players is contributing to the rapid expansion of the chitosan market, thereby creating value-grab opportunities. There is an increasing popularity of chitosan in the healthcare industry due to awareness of their health benefits. Lucrative benefits and unique properties of chitosan, abundant availability of raw materials, and increasing knowledge of health benefits are some of the key factors driving the global demand for chitosan. The production of chitosan from non-aquatic sources is likely to offer lucrative opportunities for the global chitosan market.
Chitosan is a polysaccharide containing N-acetyl-D-glucosamine and D-glucosamine linkage. It can be produced by the treatment of shrimps with alkaline substances such as sodium hydroxide. Chitosan is a by-product of the fishery industry. Market players operating in the chitosan market are focusing on increasing partnership and collaboration with the fishery producers to gain revenue streams. Market contributors are facing challenges in the chitosan market such as stringent regulations on shrimp farming, striking drawbacks of chitosan products in drug delivery systems, etc.
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The increasing applications of chitosan in various end-use industries such as cosmetics, food & beverages, industrial, biomedicine & pharmaceuticals, agrochemical, water treatment, etc. is driving the global market. Of these, water treatment accounts for the largest market share due to the capability of chitosan in absorbing big metal ions.
There is an increasing demand for chitosan in wastewater treatment due to the rising demand for drinkable water in various countries. Thus, there is an increasing demand for chitosan in areas with high concentration of contaminated water bodies. Governments of various countries are promoting the advantages of chitosan in wastewater treatment. There are stringent regulations associated with the wastewater treatment in developing countries. This factor also propels the growth of the global market chitosan market.
Apart from wastewater treatment, chitosan is extensively used in the biomedicine & pharmaceutical applications. Chitosan can be widely used in the synthesis of drugs in the biomedical industry. Chitosan also finds application in the food & beverages industry.
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North America acquires a major share of the chitosan market due to the increasing demand for chitosan in countries such as the United States and Canada. The increasing demand for treatment of wastewater is also a major driving factor for the chitosan market in North America. The demand for chitosan in North America is expected to rise during the forecast period due to the surging demand for potable water in a few countries. Rising applications of chitosan in several industries are fueling the growth of the market. The usage of chitosan in several biomedical applications is likely to create potential benefits for the market contributors in North America in the upcoming years.
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The growing competition among top market players is creating profitable opportunities for the chitosan market players. Furthermore, the increasing demand for chitosan from various industries such as cosmetics and pharmaceuticals is propelling the growth of the market. Market players are also focusing on product innovations and research to stay ahead of the competition. There is a strong presence of small and medium-scale market contributors in the Asian countries such as India, Japan, China, Thailand, and South Korea. These countries have favorable government policies to promote the fishery industry. Increasing investments on research & development activities to develop high quality chitosan are also accelerating the global market.
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Attribute |
Detail |
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Market Size Value in 2020 (Base Year) |
US$ 3.8 Bn |
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Market Forecast Value in 2031 |
US$ 23.2 Bn |
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Growth Rate (CAGR) |
17.8% |
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Forecast Period |
2021-2031 |
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Quantitative Units |
US$ Bn for Value & Tons for Volume |
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Competition Landscape |
Company Profiles section includes overview, product portfolio, key subsidiaries or distributors, strategy & recent developments, and key financials |
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Format |
Electronic (PDF) + Excel |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
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Pricing |
Available upon Request |
Chitosan Market – Segmentation
TMR’s research study assesses the global chitosan market in terms of application and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the global chitosan market.
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1. Preface
1.1. Report Description
1.2. Research Scope & Assumptions
1.3. Market Segmentation
1.4. Research Methodology
2. Executive Summary
2.1. Global Chitosan Market, 2020-2031, (Tons) (US$ Bn)
2.2. Chitosan: Market Snapshot (2020 and 2031)
3. Chitosan Market: Industry Analysis
3.1. Introduction
3.2. Value Chain Analysis
3.3. Market Drivers
3.3.1. Increasing global water treatment applications drives chitosan market
3.3.2. High growth of cosmetics with organic ingredients drives chitosan market
3.4. Restraints
3.4.1. High cost of production coupled with raw material procurement competition from animal feed manufacturers
3.5. Opportunity
3.5.1. Application as dietary supplement holds promise for chitosan market
3.5.2. Novel applications of chitosan nanoparticles present lucrative opportunities for chitosan market
3.5.3. Production of chitosan from non-aquatic sources to improve quality and functionality of end products
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitutes
3.6.4. Threat of New Entrants
3.6.5. Degree of Competition
3.7. Market Attractiveness Analysis
3.8. Company Market Share Analysis, 2020
4. Price Trend Analysis
4.1. Chitosan: Global Price Trends, 2020-2031
5. Chitosan Market – Application Analysis
5.1. Global Chitosan Market: Application Overview
5.1.1. Global Chitosan Market Volume Share, by Application, 2020 and 2031
5.2. Chitosan Market: By Application
5.2.1. Global Chitosan Market for Water Treatment, 2020 – 2031 (Tons) (US$ Bn)
5.2.2. Global Chitosan Market for Biomedicine & Pharmaceuticals, 2020 – 2031 (Tons) (US$ Bn)
5.2.3. Global Chitosan Market for Industrial, 2020 – 2031 (Tons) (US$ Bn)
5.2.4. Global Chitosan Market for Food & Beverages, 2020 – 2031 (Tons) (US$ Bn)
5.2.5. Global Chitosan Market for Cosmetics, 2020 – 2031 (Tons) (US$ Bn)
5.2.6. Global Chitosan Market for Agrochemicals, 2020 – 2031 (Tons) (US$ Bn)
5.2.7. Global Chitosan Market for Others, 2020 – 2031 (Tons) (US$ Bn)
6. Chitosan Market: Regional Analysis
6.1. Global Chitosan Market - Regional Overview
6.1.1. Global Chitosan Market Share Volume, by Region, 2020-2031
6.2. North America
6.2.1. North America Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.2.2. North America Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.2.3. US Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.2.4. US Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.2.5. Canada Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.2.6. Canada Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.2.7. Mexico Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.2.8. Mexico Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.3. Europe
6.3.1. Europe Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.3.2. Europe Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.3.3. Germany Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.3.4. Germany Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.3.5. Turkey Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.3.6. Turkey Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.3.7. U.K. Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.3.8. U.K. Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.3.9. France Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.3.10. France Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.3.11. Italy Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.3.12. Italy Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.3.13. Rest of Europe Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.3.14. Rest of Europe Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.4. Asia Pacific
6.4.1. Asia Pacific Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.4.2. Asia Pacific Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.4.3. China Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.4.4. China Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.4.5. India Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.4.6. India Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.4.7. ASEAN Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.4.8. ASEAN Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.4.9. Rest of Asia Pacific Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.4.10. Rest of Asia Pacific Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.5. Latin America
6.5.1. Latin America Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.5.2. Latin America Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.5.3. Brazil Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.5.4. Brazil Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.5.5. Rest of Latin America Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.5.6. Rest of Latin America Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.6. Middle East & Africa
6.6.1. Middle East & Africa Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.6.2. Middle East & Africa Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.6.3. GCC Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.6.4. GCC Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.6.5. South Africa Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.6.6. South Africa Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
6.6.7. Rest of Middle East & Africa Chitosan Market Volume, by Application, 2020-2031 (Tons)
6.6.8. Rest of Middle East & Africa Chitosan Market Revenue, by Application, 2020-2031 (US$ Bn)
7. Chitosan Market: Production Analysis, 2020
8. Company Profiles
8.1. GTC Bio Corporation
8.1.1. Company Overview
8.1.2. Product Portfolio
8.1.3. Financial Overview
8.1.4. Business Strategy
8.1.5. Recent Development
8.2. KitoZyme S.A.
8.2.1. Company Overview
8.2.2. Product Portfolio
8.2.3. Financial Overview
8.2.4. Business Strategy
8.2.5. Recent Development
8.3. Biothera
8.3.1. Company Overview
8.3.2. Product Portfolio
8.3.3. Financial Overview
8.3.4. Business Strategy
8.3.5. Recent Development
8.4. Golden-Shell Pharmaceutical Co., Ltd.
8.4.1. Company Overview
8.4.2. Product Portfolio
8.4.3. Financial Overview
8.4.4. Business Strategy
8.4.5. Recent Development
8.5. FMC Health and Nutrition
8.5.1. Company Overview
8.5.2. Product Portfolio
8.5.3. Financial Overview
8.5.4. Business Strategy
8.5.5. Recent Development
8.6. Panvo Organics Pvt., Ltd.
8.6.1. Company Overview
8.6.2. Product Portfolio
8.6.3. Financial Overview
8.6.4. Business Strategy
8.6.5. Recent Development
8.7. Heppe Medical Chitosan GmbH
8.7.1. Company Overview
8.7.2. Product Portfolio
8.7.3. Financial Overview
8.7.4. Business Strategy
8.7.5. Recent Development
8.8. Primex ehf
8.8.1. Company Overview
8.8.2. Product Portfolio
8.8.3. Financial Overview
8.8.4. Business Strategy
8.8.5. Recent Development
8.9. PT Biotech Surindo
8.9.1. Company Overview
8.9.2. Product Portfolio
8.9.3. Financial Overview
8.9.4. Business Strategy
8.9.5. Recent Development
8.10. Xianju Tengwang Chitosan Factory
8.10.1. Company Overview
8.10.2. Product Portfolio
8.10.3. Financial Overview
8.10.4. Business Strategy
8.10.5. Recent Development
8.11. Others
9. Primary Research – Key Findings
List of Tables
Table 1: Global Chitosan Market Snapshot
Table 2: Drivers for Chitosan Market: Impact Analysis
Table 3: Global Flocculants Market, 2020 – 2031
Table 4: Restraints for Chitosan Market: Impact Analysis
Table 5: North America Chitosan Market Volume, by Application Segment, 2020 - 2031 (Tons)
Table 6: North America Chitosan Market Revenue, by Application Segment, 2020 - 2031 (US$ Bn)
Table 7: Europe Chitosan Market Volume, by Application Segment, 2020 - 2031 (Tons)
Table 8: Europe Chitosan Market Revenue, by Application Segment, 2020 - 2031 (US$ Bn)
Table 9: Asia Pacific Chitosan Market Volume, by Application Segment, 2020 - 2031 (Tons)
Table 10: Asia Pacific Chitosan Market Revenue, by Application Segment, 2020 - 2031 (US$ Bn)
Table 11: Middle East & Africa Chitosan Market Volume, by Application Segment, 2020 - 2031 (Tons)
Table 12: Middle East & Africa Chitosan Market Revenue, by Application Segment, 2020 - 2031 (US$ Bn)
Table 13: Latin America Chitosan Market Volume, by Application Segment, 2020 - 2031 (Tons)
Table 14: Latin America Chitosan Market Revenue, by Application Segment, 2020 - 2031 (US$ Bn)
List of Figures
Figure 1: Global Chitosan Market Segmentation by Application and Region
Figure 2: Global Chitosan Market, 2020 – 2031 (Tons) (US$ Bn)
Figure 3: Value Chain Analysis: Chitosan Market
Figure 4: Global Flocculants Market Revenue, 2009 – 2020
Figure 5: Global Personal Care Market Revenue, 2017 – 2020
Figure 6: Top 10 Countries with Highest Obesity Prevalence, 2020
Figure 7: Porter’s Five Forces Analysis
Figure 8: Global Chitosan Market: Market Attractiveness Analysis, 2020
Figure 9: Global Chitosan Market: Company Market Share Analysis, 2020
Figure 10: Global Chitosan Market Share, by Application Segment, 2020 & 2031
Figure 11: Global Production of Chitosan for Water Treatment Application, 2020 - 2031 (Tons) (US$ Bn)
Figure 12: Global Production of Chitosan for Biomedicine & Pharmaceuticals Application, 2020 - 2031 (Tons) (US$ Bn)
Figure 13: Global Production of Chitosan for Industrial Application, 2020 - 2031 (Tons) (US$ Bn)
Figure 14: Global Production of Chitosan for Food & Beverages Application, 2020 - 2031 (Tons) (US$ Bn)
Figure 15: Global Production of Chitosan for Cosmetics Application, 2020 - 2031 (Tons) (US$ Bn)
Figure 16: Global Production of Chitosan for Agrochemicals Application, 2020 - 2031 (Tons) (US$ Bn)
Figure 17: Global Production of Chitosan for Other Applications, 2020 - 2031 (Tons) (US$ Bn)
Figure 18: Global Chitosan Market Share, by Region, 2020 & 2031
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Chitosan Market
