#ChitosanMarket

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The Chitosan Market - Embracing a Sustainable Future with Eco-Friendly Alternatives

The global market has seen an incredible shift towards sustainability, fuelled by growing consumer demand for eco-friendly products across various sectors. One such product that has garnered significant attention is Chitosan. Derived from renewable marine resources and characterized by its biodegradable properties, Chitosan is rapidly becoming the alternative of choice in industries ranging from pharmaceuticals to agriculture and cosmetics. 

Market Size and Growth: 

The market size for Chitosan is expanding, spurred by its environmentally friendly nature and diverse applications. With its ability to degrade naturally, Chitosan presents an enticing solution to the persistent environmental challenges posed by synthetic materials. A case in point is the development of a new zinc battery by researchers from the University of Maryland's Center for Materials Innovation in September 2022. Comprising an electrolyte derived from Chitosan, this innovative product underlines the market growth potential for Chitosan-based solutions.

The Cosmetic Industry Amplifies Market Opportunities:

The cosmetic industry's increasing demand for Chitosan is another key factor driving the market growth. With its unique properties, such as forming a protective barrier on the skin and enhancing moisture retention, Chitosan is becoming a staple in products like moisturizers, lotions, and creams. It also boosts collagen production and improves skin elasticity, making it a popular ingredient in anti-aging products. As consumer preferences tilt toward natural and sustainable beauty solutions, the market opportunities for Chitosan in the cosmetic industry are set to rise.

Market Analysis: The High Production Cost of Chitosan

Despite the promising growth prospects, the Chitosan market faces challenges in the form of high production costs. Factors such as raw material sourcing, extraction methods, purification processes, and quality control measures contribute to the overall cost of production. These high costs can impact the affordability and market competitiveness of Chitosan, particularly in industries sensitive to price fluctuations. However, these challenges could be mitigated as technology evolves and production processes become more efficient.

Recent Developments Fueling Market Drivers for Chitosan

The Chitosan market is witnessing a flurry of activity with several key developments marking its trajectory. 

On February 21, 2023, The US Patent and Trademark Office granted Tricol Biomedical, a global leader in innovating hemostasis and wound care solutions, a new patent for the company’s modified chitosan dressing and its through-the-scope delivery in the gastrointestinal (GI) tract to control serious bleeding for up to 96 hours quickly.

On September 26, 2022, KiOmed Pharma, a Belgian biotechnology company with a focus on the development, manufacture, and distribution of safe and effective medical devices based on a medical-grade highly pure natural chitosan-derivative, and Hansoh Pharmaceutical Group Company Limited, a leading biopharmaceutical company in Asia, announced a license agreement for the development and commercialization of KiOmedinevsOne, a carboxymethyl chitosan injection that has been launched in Europe for the treatment of knee osteoarthritis, in China’s mainland, Macau and Taiwan (the territory).

Future of Chitosan Market: Evolving with Recent Developments:

With its eco-friendly attributes and multifaceted applications, the Chitosan market is poised to grow significantly. As industries continue to explore and innovate with this biodegradable polymer, the future holds immense potential for Chitosan. To get a detailed understanding of the Chitosan market, its recent developments, and future trends, we invite you to request a sample report from DataM Intelligence, your trusted source for comprehensive market insights.

[sharvaricmi]

Chitosan Market Size, Share, Trends, Business development, Analysis And Opportunities 2020 - 2027

Chitosan is derived from chitin, a naturally occurring polycationic liner polysaccharide. Its low solubility in alkaline solution limits its application, and chemical modification into hydrogels results in new functional properties for various applications. Because of its unique properties, chitosan is widely used for a variety of biological and biomedical applications. Pharmaceuticals containing chitosan, for example, aid in the healing of wounds. It provides high versatility for obesity treatments and leads to high-end results. As a result, there is a great deal of interest in biomedical applications and pharmaceutical companies in the use of chitosan and its derivatives. Furthermore, there has been a large amount of literature available over the years.

The increasing use of chitosan in the agriculture industry is expected to open up new chitosan market opportunities over the forecast period. Chitosan is used in fertilisers and controlled agrochemical release because of its antifungal properties. Furthermore, expanding research and development in the field of chitosan nanoparticles to expand its use in novel applications is expected to fuel chitosan market growth during the forecast period. 

Read more @ https://cmiaspireblog.blogspot.com/2022/04/chitosan-market-global-analysis-trends.html

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Chitosan Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026

As per a study published by National Center for Biotechnology Information (NCBI), it is acknowledged that deacetylated chitosan (chitin) is an important additive in filtration and water treatment process. In comparison, while sand filtration can only remove 50% of the turbidity, chitosan and sand filtration together can eliminate 99% of turbidity. Also, it can be used in hydrogen and for treating the wounds. The facts with conviction indicates the growing opportunities for the vendors of the chitosan market. Owning to increasing demand from different sectors, the global chitosan market value stood at $1.3 billion in 2018. And with growing usage of chitosan as a biodegradable product, the market will grow with a compound annual growth rate (CAGR) of 10.05% during the forecast period of 2019-2025.

North America is dominating the chitosan market. As per the report released by the export government, the total US cosmetic market size was estimated to be $9,668 million in 2017. [2] Increasing awareness of self-care activities along with growth of pharmaceutical and food and beverage retail sector is influencing the growth of the North America chitosan market with market share of 20% in 2018.

Chitosan Market: Outlook

The natural bio control and elicitor chitosan is a linear polysaccharide, prepared by treating the crustaceans and shells of shrimps with the alkaline substances such as sodium hydroxide. Chitosan marketplace is expanding due to its number of bio medical uses and application across the industries of wine, agricultural, water treatment.

Cosmetic application has been identified as key segment of the chitosan market. The report by the trade government of the U.S., personal care and cosmetics exports to China is estimated to be $500 billion to $600 billion in 2015, and hence the U.S. cosmetic industry is anticipated to be the largest. [3] Chitosan avoid dehydration and used as a moisturizing agent. The increasing demand for organic and plant based cosmetic products such as hairspray in the emerging region is leading to developments in different beauty products that is boosting the demand of chitosan market. Cosmetic application segment will grow with a CAGR of around 8.10% during the forecast period of 2019-2025.

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Chitosan Market: Drivers

·         Agriculture Applications

Chitin and chitosan is used in agricultural field in various sections. The use of chitin as a pesticide help plant from various pests such as insects, fungus, and bacteria. Furthermore, it also helps as a fertilizers and acts as a growth regulator for the crop and plants in the farming field. The growing demand for bio-products in the farming process is stroking demand in the chitosan market.

·         Food and Beverage Industry

The chitin used in food (packed food items sometimes) helps to control the transfer of moisture to the food from the environment, and as a natural flavor additive extender to reduce the cholesterol levels. Chitosan also used as a fining agent in wine making to prevent the beverage from getting spoiled. The great use of chitin in food industry is driving the growth of the chitosan market.

·         Water Treatment Process

The growing need for clean water is demanding for more materials that can help for in water treatment. Chitosan can attach with micro contaminants and metals easily. The chitosan characteristics such as non-toxic, non-allergic, bio-degradable are attributed with the increase demand for chitosan as a water cleaner. The rising demand for water treatment industry is likely to produce the high revenue to the chitosan market.

·         Fish Industry

Chitosan can be used as a diet supplement of the fish. It is one of the better supplement as it do not pollute the water as well as help the fish gain weight. The use of chitosan helps the fish industry gain revenue, which in turn boosting the chitosan market.

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Chitosan Market: Trends

·         The stringent laws from government is forcing many vendors to reduce the production of plastic bags and find an alternative way. The growing demand for biodegradable packaging leads to increase demand for bio plastic made up of chitin, also it helps to increase food shelf life without creating pollution. The demand for bio plastic will increase with a high pace in near future that will also significantly support the chitosan market.

·         The chitosan can be used in wound care materials such as bandage due to its blood bloating ability. The mounting growth of tissue engineering biomaterials will add the further incentive in the chitosan market.

·         The chitosan can be used as an additive supplement that promotes the weight loss. The growing health awareness fueling the demand for fat cutter supplements that will also reflect in the development in the chitosan market.

·         The chitin worked find its application in natural polymer. The biological properties associated with it to produce functional materials are now gaining traction for bio printing using injection molding process. The manufacturing of plastic products such as bottles and containers is surely rising the growth of the market.

·         The requirement of various research and innovations in the medical industry has found a solution. The use of chitin in application such cardiac tissues, including hemostasis & fixation medical device, absorbable surgical suture will witness the significant evolution in the chitosan market.

Chitosan Market: Challenges

The government policy to reduce the shrimps farming act is one of the challenge in the growth of the market. Later, due to several health benefits and growing demand for the shrimp consumption lead to increase in the farming activities. The shells produced from shrimps and other organisms that are get wasted and thrown away are later, gathered from fish market and processed to bring in the use for different applications.

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Chitosan Market: Key Players Perspective

The major players in the chitosan market are Primex, Heppe Medical Chitosan GmbH, Vietnam Food, KitoZyme S.A., Marshallmarine, Agratech, Zhejiang Golden-Shell Pharmaceutical Co, Panvo Organics Pvt Ltd, Koyo Chemical Co Ltd, Xianju Tengwang Chitosan Factory, and G.T.C. UNION GROUP.

Chitosan Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the fire resistant cable market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of chitosan market, and its segmentation on the basis of end user industries that include medical, cosmetic, agriculture and food packaging industry.

Chitosan Market Report: Industry Coverage

The chitosan market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

Middle East and Africa: Israel, South Africa, Saudi Arabia.

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Market Dynamics

Increasing demand for chitosan from various end-use industries, such as agrochemicals, food and beverages, pharmaceutical, cosmetic, and water treatment, due to its biocompatible, bioactive, non-toxic, and biodegradable properties is expected to propel the growth of the chitosan market. For instance, according to the National Center for Biotechnology Information (NCBI), as an additive in water filtration, chitosan eliminates up to 99% of turbidity.

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Chitosan Market to Maintain Healthy Growth by 2022

In this report, the United States Chitosan market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

Geographically, this report splits the United States market into seven regions: The West, Southwest, The Middle Atlantic, New England, The South, The Midwest, with sales (volume), revenue (value), market share and growth rate of Chitosan in these regions, from 2012 to 2022 (forecast).

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 United States Chitosan market competition by top manufacturers/players, with Chitosan sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including, Panvo Organics Pvt. Ltd., Meron Biopolymers, Biophrame Technologies, United Chitotechnologies Inc, Heppe Medical Chitosan GmbH, KitoZyme S.A, Chitosanlab, FMC Corporation, Primex EHF, KYTOSAN LLC

On the basis of product, this report displays the sales volume, revenue, product price, market share and growth rate of each type, primarily split into Industrial Grade, Pharmceutical Grade, Food Grade

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Chitosan for each application, including, Water Treatment, Pharmaceutical & Biomedical, Food & Beverage, Others

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 Table of Contents:

1 Chitosan Overview

1.1 Product Overview and Scope of Chitosan

1.2 Classification of Chitosan by Product Category

1.2.1 United States Chitosan Market Size (Sales Volume) Comparison by Type (2012-2022)

1.2.2 United States Chitosan Market Size (Sales Volume) Market Share by Type (Product Category) in 2016

1.2.3 Industrial Grade

1.2.4 Pharmceutical Grade

1.2.5 Food Grade

1.3 United States Chitosan Market by Application/End Users

1.3.1 United States Chitosan Market Size (Consumption) and Market Share Comparison by Application (2012-2022)

1.3.2 Water Treatment

1.3.3 Pharmaceutical & Biomedical

1.3.4 Food & Beverage

1.3.5 Others

 2 United States Chitosan Market Competition by Players/Suppliers

2.1 United States Chitosan Sales and Market Share of Key Players/Suppliers (2012-2017)

2.2 United States Chitosan Revenue and Share by Players/Suppliers (2012-2017)

2.3 United States Chitosan Average Price by Players/Suppliers (2012-2017)

2.4 United States Chitosan Market Competitive Situation and Trends

2.4.1 United States Chitosan Market Concentration Rate

2.4.2 United States Chitosan Market Share of Top 3 and Top 5 Players/Suppliers

2.4.3 Mergers & Acquisitions, Expansion in United States Market

2.5 United States Players/Suppliers Chitosan Manufacturing Base Distribution, Sales Area, Product Type

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Chitosan is a chitin derivative extracted from the shells of aquatic species

Chitosan is a chitin derivative derived from the shells of aquatic organisms such as lobsters, shrimp, and crabs. Chitosan, a dietary supplement that inhibits lipid absorption in the gastrointestinal tract, is widely used. It is also used in a variety of healthcare applications due to its biodegradability and biocompatibility. It is used in hemostatic dressing to treat wounds due to its anticoagulant properties.

According to Coherent Market Insights " The global chitosan market is estimated to account for US$ 3,573.1 Mn in terms of value and 53,806.0 Tons in terms of volume by the end of 2019. "

Chitosan is a polycationic molecule with antimicrobial activity that has been used as a protective finish. Chitosan's antimicrobial activity is determined by the molecule's type (plain or derivatized), molecular weight, and degree of acetylation. The electrostatic interaction between the polycationic chitosan macromolecule and the negatively charged cell wall polymers of the microbes is the mode of action of chitosan. This causes the cell wall equilibrium dynamics to be destabilised and disrupted. 

Read more @ https://cmiinfoistic.blogspot.com/2022/03/chitosan-is-chitin-derivative-derived.html

Source Link: https://www.youtube.com/watch?v=9DD-THsw5E4

[sharvaricmi]

Chitosan Market Growth, Development, Key Driven Factors, Forecast and Segmentation To 2020-2027

Chitosan is a polymer of the amino polysaccharide family derived from lobster, crab, shrimp, and crayfish shells. It's created by deacetylating the chitin shells or exoskeletons of insects, crustaceans, and hence the cell walls of fungus using an alkaline material like caustic soda, either chemically or enzymatically. Chitosan content varies by item staple, making it an important factor in commercial manufacture. Shrimp is thought to be the most important source of chitosan.

Market Opportunities

Over the forecast period, the increased usage of chitosan in agriculture is expected to open up new market possibilities. Because of its antifungal qualities, chitosan is employed in fertilisers and controlled agrochemical release. Furthermore, increasing research & development in the field of chitosan nanoparticles to increase its usage in innovative applications is expected to boost Chitosan market growth throughout the forecast period.

In the near future, rising output of fish, shrimp, and other aquatic species in the Asia Pacific area is expected to provide attractive market prospects. According to the National Fisheries Development Board, total fish production in India in 2017-2018 was estimated to be 12.60 million metric tonnes, with nearly 65 percent coming from the inland sector and about half coming from culture fisheries, accounting for about 6.3 percent of global fish production.

The simple availability of chitosan's basic material, derived as a waste product from the fishing industry, is one of the primary factors driving demand. For people in Asia Pacific, fishing is one of the most essential businesses. China has emerged as one of the leading participants in the worldwide shrimp industry, according to the United Nations' Food and Agriculture Organization. 

Read more @ https://cmiaspireblog.blogspot.com/2021/12/chitosan-market-by-source-and-by.html

Source Link:

https://www.coherentmarketinsights.com/infographics/chitosan-market/293