Chitosan Market by Source and by Application: Global Opportunity Analysis, Size, Share and Forecast, 2020 - 2027

Chitosan is a polysaccharide chitin derivative derived from the shells of marine creatures such as shrimp, lobsters, crabs, and others.

                                                    Chitosan Market



Chitosan is a polysaccharide chitin derivative derived from the shells of marine creatures such as shrimp, lobsters, crabs, and others. Distillation of chitin recovered from crustacean shell waste is used to make commercial chitosan. Chitosan is frequently used in dietary supplements because it inhibits lipid absorption in the gastrointestinal system. It is frequently utilised in healthcare due to its biocompatibility and biodegradability features. Chitosan's anticoagulant characteristics make it ideal for use as a hemostatic bandage to heal wounds. It's also utilised in agriculture as a bio pesticide to limit pathogenic consequences on trees and plant growth promoters, as well as for water purification. It's also utilised in polyurethane paints and coatings, organ bioprinting, and as a food preservative.


The rise of waste from the seafood sector, a surge in chitosan applications, and government assistance for waste use are driving the global chitosan market. Furthermore, due to its anticoagulant qualities, Chitofelx is increasingly being used in hemostatic dressings, which is fueling market expansion. The Global Chitosan Market Analysis research offers a comprehensive analysis of the industry. The research includes a detailed analysis of major segments, trends, drivers, constraints, the competitive landscape, and other important market variables.

Market Segmentation:

By Source
  • Shrimps
  • Prawns
  • Crabs
  • Lobsters
  • Fungi
  • Others

By Application
  • Water treatment
  • Biomedical & Pharmaceutical
  • Cosmetics
  • Food and Beverage
  • Others

The rising demand for chitosan as a flocculant in the water treatment sector is propelling the chitosan market forward. It works well as a coagulant in wastewater treatment. It's also employed as a chelating agent, allowing it to quickly bind to extremely harmful heavy metals in wastewater. Because of its biodegradability and lack of toxicity, chitosan is widely employed in wastewater treatment.


The companies involved in the Global Chitosan Market are GTC Bio Corporation, KitoZyme S.A., Biothera, Golden-Shell Pharmaceuticals Co., Ltd., FMC Health and Nutrition, Panvo Organics Pvt. Ltd., Heppe Medical Chitosan GmbH, Primex ehf, PT Biotech Surindo, Xianju Tengwang Chitosan Factory.


Source Link:

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

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