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Chitin Market

Insects Could Be the Unlikely Heroes That the Pharmaceutical Industry Needs! Read FMI’s Latest Survey to Know More!

Chitin Market by Derivative Type, End-Use Industry & Region - Forecast 2022 – 2032

Chitin Market Outlook (2022-2032)

[198 Pages Report] The global chitin market size is set to be valued at around US$ 1,604.0 Mn in 2022 and is anticipated to reach US$ 5,026.4 Mn by 2032. The global chitin market is expected to witness a considerable CAGR of 12.1% during the forecast period between 2022 and 2032.

Increased consumption of chitin in various end-use industries such as food & beverages, agrochemicals, and healthcare is expected to push sales in the forecast period. In the food & beverage industry, chitin is often used as a cooking thickener, which would propel growth.

Moreover, the market is set to be driven by spurring demand for natural fiber-based biodegradable composites in a wide range of industries. Chitin is also expected to be extensively used for fabricating polymer scaffolds and a wide range of nanotechnology applications. It is also utilized in the encapsulation of protein cargoes. Increasing number of research and development activities in the field of cargo-release characteristics would also help in boosting growth in the global market.

Growing need for water purification, especially in developing countries, is likely to push the global chitin market in the evaluation period. It is also expected to be used in the production of biofuel, mainly attributed to marine-based biomass. Alkali and acid treatment is another significant factor responsible for growth in the global chitin market.

Attributes

Key Statistics

Global Chitin Market Estimated Size (2022E)

US$ 1,604.0 Mn

Projected Market Valuation (2032F)

US$ 5,026.4 Mn

Value-based CAGR (2022-2032)

12.1%

Collective Value Share: Top 3 Countries (2022E)

42.1%

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2012-2021 Global Chitin Market Demand Outlook Compared to 2022-2032 Forecast

Increasing use of chitin in the textile, building & construction, packaging materials, work & protective gear, and civil engineering sectors are projected to drive the global chitin market in the upcoming decade. As per the current estimate, the chitin market is expected to witness growth at a CAGR of around 12.1% during the forecast period between 2022 and 2032. The market is expected to exhibit significant growth owing to rapid expansion of the pharmaceutical industry. As per FMI, manufacturers are employing chitin for tissue engineering and drug delivery application owing to its high biocompatibility.

Recent developments by key manufacturers include chitin and chitosan-based nanomaterials with its potential application in the field of biomedical science. This possible polymer possesses innovative qualities like non-toxicity, affordable transparency, non-immunogenicity, biocompatibility, and biodegradability.

For biomedical applications like drug delivery, hydrogels, microspheres, mixes, microparticles, and nanogels, as well as electrospun fibers, films, nanoparticles, nanocomposites, scaffolds, and prodrugs based on chitin and chitosan natural or synthetic polymers are extensively utilized. These recent developments are expected to create new growth opportunities for key players operating in the global chitin market during the forecast period.

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Top 2 Trends Pushing Sales of Chitin

  • Increasing Development of Chitin from Insects

The majority of the chitin generated globally is made from leftover shrimp, crab, and lobster. There is a new source of chitin synthesis in Europe, which is insect chitin, a byproduct generated due to the manufacturing of animal feed. Insect larvae are utilized as a source of protein for animal feed, whereas adult insects are employed for reproduction. Chitin is mainly obtained from the abandoned insect and cocoon bodies.

For instance, KitoZyme S.A, a Belgium-based company, has started the production of chitin-based products, in which chitin is obtained from non-animal feed. Chitin obtained is used in the production of dietary supplements and medical products, among others.

Primex has also developed a new method to manufacture chitosan from arctic shrimp, which can be used as a food ingredient. This has led to a surge in the consumption of chitin sources and its by-product in various end-use industries. It is further expected to propel growth in the chitin market during the forecast period.

  • Key Players to Produce Vegan Chitin to Attract More Consumers

Due to its potential physicochemical and biological qualities, chitin has a wide range of uses in the cosmetics, textile, culinary, and biotechnological industries, as well as in the pharmaceutical, medical, and agricultural fields.

Companies nowadays are investing huge sums in research and development activities to launch new products with better and enhanced properties. They are also producing non-animal chitin derivatives and vegan products for vegetarian consumers. For example, BIO21 has launched new products to serve the agriculture industry.

Some of the other companies are also expanding their manufacturing facilities to meet the growing needs of consumers. For example, Bayir Extracts expanded its manufacturing facility in Pune, India. Besides, BIO21 opened a new manufacturing facility in Indonesia to strengthen its position.

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How are Strict Regulations Affecting Sales of Chitin Worldwide?

Extracting chitin and transforming it into chitosan or other derivatives is an energy-consuming process. The process also generates a huge amount of waste and to neutralize this waste, a large amount of energy, as well as cost, is associated.

Also, low biological value of alkali recovered proteins is expected to pose an obstacle in terms of application in the animal feed industry. To produce 1 kg of chitin, nearly 300 kg of water is consumed, which is expected to remain a restraint in growth in the chitin market.

The U.S. Food and Drug Administration (FDA) has not approved glucosamine for usage in the food and beverage industry as an ingredient. However, it has been approved to be used as a dietary supplement in drugs. In order to be used in food and beverages, it has to pass through FDA regulations and companies need to recive safety evidence from the FDA. Also, Japanese companies does not import chitin and its derivatives due to strict regulations that govern the quality of chitin to be used in food, medicines, and cosmetics, which is expected to restrain the chitin market.

Country-wise Insights

What is the Demand Outlook for Chitin in the U.S?

“Demand for Chitin Glucosamine to Surge among the Pharmaceutical Sector in the U.S.”

In the U.S., glucosamine is one of the major commercial products used in the treatment of osteoarthritis. Attributed to its high concentration in joint tissues, glucosamine, which is a derivative of chitin, is widely used in the treatment of osteoarthritis, also known as arthritis, and is expected to be used in various medicines. Glucosamine is also used as a dietary supplement, which is driving the chitin market in the U.S.

The majority of the population in the U.S. suffers from obesity and to overcome this issue, glucosamine is used to break down the fat and cholesterol in the body. To break 5 gm of fat and cholesterol, nearly 1gm of chitin is required, as per research.

Demand for chitin from the pharmacology and biomedical sectors is expected to increase due to the growing prevalence of health problems such as cancer and obesity in the U.S. Chitosan, a derivative of chitin, is often used in the treatment of such health problems, as well as in the treatment of tumors. Chitosan also acts as a cholesterol-lowering agent and a food supplement. Thus, in comparison to other countries, the U.S. is anticipated to exhibit the highest CAGR during the forthcoming years.

Why is China Considered to Be a Lucrative Industry for Chitin?

“Use of Chitin to Grow in China with Presence of Various Renowned Manufacturers”

China is projected to reach an estimated CAGR of 13.8% by the end of 2022. The country has a relatively higher number of chitin, chitosan, and glucosamine manufacturing companies, as compared to other developing nations. It is expected that China nearly accounts for more than 80% of the global glucosamine production, having more than 20 factories in the country, thereby totalling the capacity of 15000 tons-18000 tons. This factor is expected to contribute to growth in the chitin market in China.

As chitin is a raw material, which is used in the production of chitosan and glucosamine, its demand is projected to grow in China. The country is also expected to be one of the major exporters of chitin and its derivatives to developed regions such as North America and Europe. Thus, the China chitin market is anticipated to register significant growth during the forecast period.

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Category-wise Insights

Which End-use Industry Requires the Majority of Chitin?

“Agrochemical Companies Are Looking for Innovative Chitin for Plants”

As the population is increasing in developing countries such as China and India, pressure on the agriculture industry in these countries is growing to meet the surging demand for food. This, in turn, necessitates the fast and healthy generation of crops and to cope with this, chitin is expected to be widely used in the stimulation of plant growth.

It helps to enhance defensive mechanisms in plants for timely release of fertilizers and nutrients into the soil & for frost protection and seed coating as coating the seeds with chitin accelerates growth. Besides, addition of chitin and its derivatives to the soil results in the suppression of fungal pathogens and reduction in knot worm infestations.

Thus, attributing to such favorable properties, use of chitin in agrochemical and agricultural products is expected to increase, which in turn, will surge the overall consumption of chitin around the globe. As per FMI, the agrochemical segment is expected to create new growth opportunities for key players in the chitin market during the forecast period.

Which is the Leading Derivative Type of Chitin?

“Chitosan from Insects to Gain Prominence among Food Preservatives Manufacturers”

The chitin market has been divided into three segments based on the type of derivative, namely, glucosamine, chitosan, and others. Natural fiber chitosan is utilized in a wide variety of applications. It is used in the treatment of water as coagulants and flocculants because of its high biocompatibility, biodegradability, non-toxicity, bioactivity, fiber grade characteristics, and excellent adsorption rate.

Chitosan is most frequently used in food and beverages. It is utilized in nutritional supplements and nutraceuticals as it binds dietary fats and lipids in the colon and stops them from becoming saturated in the body. Food additives, edible films, and food preservatives manufacturers extensively use chitosan across the globe.

Increasing usage of chitosan in various end-use industries is expected to drive the chitin market in the forecast period. Due to the growing need for non-chemical products and technologies such as membrane surface and UV disinfection in water purification and agrochemical applications, the need for advanced chitosan is growing at a rapid pace.

Competitive Landscape

In order to meet the growing demand for chitin, manufacturers have shifted their focus towards emerging countries in recent years. Several major players are concentrating primarily on improving their production capabilities, research & development (R&D) investments, collaborative partnerships, and mergers & acquisitions to strengthen their positions and compete against their rivals.

For instance,

  • In March 2022, CuanTec, a Strathclyde start-up, which converts shellfish industry waste into premium chitin-based products, was acquired by Hive Energy Ltd. The former has developed a new way to extract biopolymer chitosan from discarded shellfish waste from various fisheries for utilization in environmentally friendly products.

Scope of the Report

Attribute

Details

Estimated Market Size (2022)

US$ 1,604.0 Mn

Projected Market Valuation (2032)

US$ 5,026.4 Mn

Value-based CAGR (2022-2032)

12.1%

Forecast Period

2022-2032

Historical Data Available for

2012-2021

Market Analysis

Value (US$ Mn) and Volume (Tons)

Key Regions Covered

North America, Latin America, East Asia, Europe, South Asia & Pacific, Middle East & Africa

Key Countries Covered

US, Canada, China, Italy, Spain, France, Russia, U.K., China, Japan, South Korea, India, Oceania, ASEAN, Brazil, Mexico, GCC Countries, KSA, Turkey, South Africa

Key Segments Covered

Derivatives Type, End-use Industry, and Region

Key Companies Profiled

  • Wellable
  • SHANDONG LAIZHOU HIGHLY BIO-PRODUCTS CO.LTD.
  • Yaizu Suisankagaku Industry Co.,Ltd
  • Zhejiang Aoxing Biotechnology Co., Ltd.
  • Bayir Extracts Pvt. Ltd.
  • Golden-Shell Pharmaceutical Co. Ltd
  • Bio21
  • Panvo Organics Pvt Ltd.
  • Tidal Vision
  • Primex ehf
  • Meron Biopolymers
  • Heppe Medical Chitosan GmbH
  • CarboMer, Inc.
  • DALIAN XINDIE CHITIN CO.,LTD
  • Kunpoong Bio Co. Ltd.
  • Advanced Biopolymers AS
  • Mahtani Chitosan Pvt. Ltd Vardhman Acrylics Ltd

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Chitin Market Outlook by Category

By Derivative Type:

  • Glucosamine
  • Chitosan
  • Others

By End-Use Industry:

  • Food and Beverages
  • Agrochemical
  • Healthcare
  • Cosmetics and Toiletries
  • Waste and Water Treatment
  • Others

By Region:

  • North America
  • Latin America
  • East Asia
  • Europe
  • South Asia & Pacific
  • Middle East & Africa

Frequently Asked Questions

The global chitin market was valued at nearly US$ 1,423.0 Mn in 2021.

The global chitin market is estimated to exhibit growth at a CAGR of 12.1% between 2022 and 2032.

By end-use industry, the agrochemical segment is expected to generate the largest share in the global chitin market by 2022.

Some of the reputed companies in the global chitin market are Wellable, SHANDONG LAIZHOU HIGHLY BIO-PRODUCTS CO.LTD., Yaizu Suisankagaku Industry Co., Ltd, Zhejiang Aoxing Biotechnology Co., Ltd., and Bayir Extracts Pvt. Ltd. among others.

The China chitin market is expected to showcase steady growth at a CAGR of 13.8% by the end of 2022.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitation

    2.3. Process for Chitin and Chitin Derivatives Production

    2.4. Production of Chitin: Material Breakdown Analysis

    2.5. Natural Sources of Chitin

    2.6. Industrial Uses of Chitin/Chitosan

3. Key Market Trends

    3.1. Key Trends Impacting the Market

4. Key Success Factors

    4.1. Strategic Promotional Strategies

5. Global Chitin Market Demand Analysis 2012-2021 and Forecast, 2022-2032

    5.1. Historical Market Volume (Tons) Analysis, 2012-2021

    5.2. Current and Future Market Volume (Tons) Projections, 2022-2032

    5.3. Y-o-Y Growth Trend Analysis

6. Global Chitin Market - Pricing Analysis

    6.1. Global Average Pricing Analysis Benchmark

7. Global Chitin Market Demand (in Value or Size in US$ Mn) Analysis 2012-2021 and Forecast, 2022-2032

    7.1. Historical Market Value (US$ Mn) Analysis, 2012-2021

    7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

    8.2. Forecast Factors - Relevance & Impact

    8.3. Value Chain

    8.4. Impact of COVID – 19 Crisis

    8.5. Market Dynamics

        8.5.1. Drivers

        8.5.2. Restraints

        8.5.3. Opportunity Analysis

    8.6. Supply-Demand Analysis

9. Global Chitin Market Analysis 2012-2021 and Forecast 2022-2032, By Derivative Type

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume Analysis By Derivative Type, 2012-2021

    9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Derivative Type, 2022-2032

        9.3.1. Glucosamine

        9.3.2. Chitosan

        9.3.3. Others

    9.4. Market Attractiveness Analysis by Derivative Type

10. Global Chitin Market Analysis 2012-2021 and Forecast 2022-2032, By End-Use Industry

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume Analysis By End-Use Industry, 2012-2021

    10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End-Use Industry, 2022-2032

        10.3.1. Food and Beverages

        10.3.2. Agrochemical

        10.3.3. Healthcare

        10.3.4. Cosmetics and Toiletries

        10.3.5. Waste and Water Treatment

        10.3.6. Others

    10.4. Market Attractiveness Analysis by End-Use Industry

11. Global Chitin Market Analysis 2012-2021 and Forecast 2022-2032, by Region

    11.1. Introduction

    11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2012-2021

    11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2022-2032

        11.3.1. North America

        11.3.2. Latin America

        11.3.3. Europe

        11.3.4. South Asia and Pacific

        11.3.5. East Asia

        11.3.6. Middle East & Africa

12. North America Chitin Market Analysis 2012-2021 and Forecast 2022-2032

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2012-2021

    12.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2032

        12.4.1. By Country

            12.4.1.1. U.S.

            12.4.1.2. Canada

        12.4.2. By Derivative Type

        12.4.3. By End-Use Industry

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Derivative Type

        12.5.3. By End-Use Industry

    12.6. Drivers and Restraints - Impact Analysis

13. Latin America Chitin Market Analysis 2012-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2012-2021

    13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2032

        13.4.1. By Country

            13.4.1.1. Brazil

            13.4.1.2. Mexico

            13.4.1.3. Rest of Latin America

        13.4.2. By Derivative Type

        13.4.3. By End-Use Industry

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Derivative Type

        13.5.3. By End-Use Industry

    13.6. Drivers and Restraints - Impact Analysis

14. Europe Chitin Market Analysis 2012-2021 and Forecast 2022-2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2012-2021

    14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2032

        14.4.1. By Country

            14.4.1.1. Germany

            14.4.1.2. Italy

            14.4.1.3. France

            14.4.1.4. U.K.

            14.4.1.5. Spain

            14.4.1.6. BENELUX

            14.4.1.7. Russia

            14.4.1.8. Rest of Europe

        14.4.2. By Derivative Type

        14.4.3. By End-Use Industry

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Derivative Type

        14.5.3. By End-Use Industry

    14.6. Drivers and Restraints - Impact Analysis

15. South Asia and Pacific Chitin Market Analysis 2012-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2012-2021

    15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2032

        15.4.1. By Country

            15.4.1.1. India

            15.4.1.2. ASEAN

            15.4.1.3. ANZ

            15.4.1.4. Rest of South Asia and Pacific

        15.4.2. By Derivative Type

        15.4.3. By End-Use Industry

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Derivative Type

        15.5.3. By End-Use Industry

    15.6. Drivers and Restraints - Impact Analysis

16. East Asia Chitin Market Analysis 2012-2021 and Forecast 2022-2032

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2012-2021

    16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2032

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

        16.4.2. By Derivative Type

        16.4.3. By End-Use Industry

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Derivative Type

        16.5.3. By End-Use Industry

    16.6. Drivers and Restraints - Impact Analysis

17. Middle East and Africa Chitin Market Analysis 2012-2021and Forecast 2022-2032

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2012-2021

    17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022-2032

        17.4.1. By Country

            17.4.1.1. GCC Countries

            17.4.1.2. Turkey

            17.4.1.3. Northern Africa

            17.4.1.4. South Africa

            17.4.1.5. Rest of Middle East and Africa

        17.4.2. By Derivative Type

        17.4.3. By End-Use Industry

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Derivative Type

        17.5.3. By End-Use Industry

    17.6. Drivers and Restraints - Impact Analysis

18. Countries Wise Chitin Market Analysis

    18.1. U.S. Chitin Market Analysis

        18.1.1. By Derivative Type

        18.1.2. By End-Use Industry

    18.2. Canada Chitin Market Analysis

        18.2.1. By Derivative Type

        18.2.2. By End-Use Industry

    18.3. Mexico Chitin Market Analysis

        18.3.1. By Derivative Type

        18.3.2. By End-Use Industry

    18.4. Brazil Chitin Market Analysis

        18.4.1. By Derivative Type

        18.4.2. By End-Use Industry

    18.5. Germany Chitin Market Analysis

        18.5.1. By Derivative Type

        18.5.2. By End-Use Industry

    18.6. Italy Chitin Market Analysis

        18.6.1. By Derivative Type

        18.6.2. By End-Use Industry

    18.7. France Chitin Market Analysis

        18.7.1. By Derivative Type

        18.7.2. By End-Use Industry

    18.8. UK Chitin Market Analysis

        18.8.1. By Derivative Type

        18.8.2. By End-Use Industry

    18.9. Spain Chitin Market Analysis

        18.9.1. By Derivative Type

        18.9.2. By End-Use Industry

    18.10. Russia Chitin Market Analysis

        18.10.1. By Derivative Type

        18.10.2. By End-Use Industry

    18.11. BENELUX Chitin Market Analysis

        18.11.1. By Derivative Type

        18.11.2. By End-Use Industry

    18.12. China Chitin Market Analysis

        18.12.1. By Derivative Type

        18.12.2. By End-Use Industry

    18.13. Japan Chitin Market Analysis

        18.13.1. By Derivative Type

        18.13.2. By End-Use Industry

    18.14. South Korea Chitin Market Analysis

        18.14.1. By Derivative Type

        18.14.2. By End-Use Industry

    18.15. India Chitin Market Analysis

        18.15.1. By Derivative Type

        18.15.2. By End-Use Industry

    18.16. ASEAN Chitin Market Analysis

        18.16.1. By Derivative Type

        18.16.2. By End-Use Industry

    18.17. ANZ Chitin Market Analysis

        18.17.1. By Derivative Type

        18.17.2. By End-Use Industry

    18.18. GCC Countries Chitin Market Analysis

        18.18.1. By Derivative Type

        18.18.2. By End-Use Industry

    18.19. Turkey Chitin Market Analysis

        18.19.1. By Derivative Type

        18.19.2. By End-Use Industry

    18.20. Northern Africa Chitin Market Analysis

        18.20.1. By Derivative Type

        18.20.2. By End-Use Industry

    18.21. South Africa Chitin Market Analysis

        18.21.1. By Derivative Type

        18.21.2. By End-Use Industry

19. Market Structure Analysis

    19.1. Market Concentration by Top Players

    19.2. Apparent Production Capacity

    19.3. Market Analysis by Tier of Companies

    19.4. Market Share Analysis of Top Players

    19.5. Market Presence Analysis

20. Competition Analysis

    20.1. Competition Dashboard

    20.2. Competition Deep Dive

        20.2.1. Wellable

            20.2.1.1. Overview

            20.2.1.2. Product Portfolio

            20.2.1.3. Key Financials

            20.2.1.4. Recent Developments

            20.2.1.5. Strategy Overview

        20.2.2. SHANDONG LAIZHOU HIGHLY BIO-PRODUCTS CO.LTD.

            20.2.2.1. Overview

            20.2.2.2. Product Portfolio

            20.2.2.3. Key Financials

            20.2.2.4. Recent Developments

            20.2.2.5. Strategy Overview

        20.2.3. Yaizu Suisankagaku Industry Co.,Ltd

            20.2.3.1. Overview

            20.2.3.2. Product Portfolio

            20.2.3.3. Key Financials

            20.2.3.4. Recent Developments

            20.2.3.5. Strategy Overview

        20.2.4. Zhejiang Aoxing Biotechnology Co., Ltd.

            20.2.4.1. Overview

            20.2.4.2. Product Portfolio

            20.2.4.3. Key Financials

            20.2.4.4. Recent Developments

            20.2.4.5. Strategy Overview

        20.2.5. Bayir Extracts Pvt. Ltd.

            20.2.5.1. Overview

            20.2.5.2. Product Portfolio

            20.2.5.3. Key Financials

            20.2.5.4. Recent Developments

            20.2.5.5. Strategy Overview

        20.2.6. Golden-Shell Pharmaceutical Co. Ltd

            20.2.6.1. Overview

            20.2.6.2. Product Portfolio

            20.2.6.3. Key Financials

            20.2.6.4. Recent Developments

            20.2.6.5. Strategy Overview

        20.2.7. Bio21

            20.2.7.1. Overview

            20.2.7.2. Product Portfolio

            20.2.7.3. Key Financials

            20.2.7.4. Recent Developments

            20.2.7.5. Strategy Overview

        20.2.8. Panvo Organics Pvt Ltd.

            20.2.8.1. Overview

            20.2.8.2. Product Portfolio

            20.2.8.3. Key Financials

            20.2.8.4. Recent Developments

            20.2.8.5. Strategy Overview

        20.2.9. Tidal Vision

            20.2.9.1. Overview

            20.2.9.2. Product Portfolio

            20.2.9.3. Key Financials

            20.2.9.4. Recent Developments

            20.2.9.5. Strategy Overview

        20.2.10. Primex ehf

            20.2.10.1. Overview

            20.2.10.2. Product Portfolio

            20.2.10.3. Key Financials

            20.2.10.4. Recent Developments

            20.2.10.5. Strategy Overview

        20.2.11. Meron Biopolymers

            20.2.11.1. Overview

            20.2.11.2. Product Portfolio

            20.2.11.3. Key Financials

            20.2.11.4. Recent Developments

            20.2.11.5. Strategy Overview

        20.2.12. Heppe Medical Chitosan GmbH

            20.2.12.1. Overview

            20.2.12.2. Product Portfolio

            20.2.12.3. Key Financials

            20.2.12.4. Recent Developments

            20.2.12.5. Strategy Overview

        20.2.13. CarboMer, Inc.

            20.2.13.1. Overview

            20.2.13.2. Product Portfolio

            20.2.13.3. Key Financials

            20.2.13.4. Recent Developments

            20.2.13.5. Strategy Overview

        20.2.14. DALIAN XINDIE CHITIN CO., LTD

            20.2.14.1. Overview

            20.2.14.2. Product Portfolio

            20.2.14.3. Key Financials

            20.2.14.4. Recent Developments

            20.2.14.5. Strategy Overview

        20.2.15. Kunpoong Bio Co. Ltd.

            20.2.15.1. Overview

            20.2.15.2. Product Portfolio

            20.2.15.3. Key Financials

            20.2.15.4. Recent Developments

            20.2.15.5. Strategy Overview

        20.2.16. Advanced Biopolymers AS

            20.2.16.1. Overview

            20.2.16.2. Product Portfolio

            20.2.16.3. Key Financials

            20.2.16.4. Recent Developments

            20.2.16.5. Strategy Overview

        20.2.17. Mahtani Chitosan Pvt. Ltd

            20.2.17.1. Overview

            20.2.17.2. Product Portfolio

            20.2.17.3. Key Financials

            20.2.17.4. Recent Developments

            20.2.17.5. Strategy Overview

21. Assumptions and Acronyms Used

22. Research Methodology

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List of Tables

Table 01: Global Chitin Market Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 02: Global Chitin Market Value (US$ Mn) & Volume (Tons) Forecast by End-Use Industry, 2012-2032

Table 03: Global Chitin Market Value (US$ Mn) & Volume (Tons) Forecast by Region, 2012-2032

Table 04: North America Chitin Market Size Volume (Tons) and Value (US$ Mn) Forecast By Country, 2012-2032

Table 05: North America Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 06: North America Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 07: North America Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by End-Use Industry, 2012-2032

Table 08: North America Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by End-Use Industry, 2012-2032

Table 09: Latin America Chitin Market Size Volume (Tons) and Value (US$ Mn) Forecast By Country, 2012-2032

Table 10: Latin America Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 11: Latin America Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 12: Latin America Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by End-Use Industry, 2012-2032

Table 13: Latin America Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by End-Use Industry, 2012-2032

Table 14: Europe Chitin Market Size Volume (Tons) and Value (US$ Mn) Forecast By Country, 2012-2032

Table 15: Europe Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 16: Europe Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by End-Use Industry, 2012-2032

Table 17: East Asia Chitin Market Size Volume (Tons) and Value (US$ Mn) Forecast By Country, 2012-2032

Table 18: East Asia Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 19: East Asia Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by End-Use Industry, 2012-2032

Table 20: South Asia & Pacific Chitin Market Size Volume (Tons) and Value (US$ Mn) Forecast By Country, 2012-2032

Table 21: South Asia & Pacific Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 22: South Asia & Pacific Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by End-Use Industry, 2012-2032

Table 23: MEA Chitin Market Size Volume (Tons) and Value (US$ Mn) Forecast By Country, 2012-2032

Table 24: MEA Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by Derivative Type, 2012-2032

Table 25: MEA Chitin Market Size (US$ Mn) and Volume (Tons) Forecast by End-Use Industry, 2012-2032

Nikhil Kaitwade
Principal Consultant
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List of Charts

Figure 01: Global Chitin Market Historical, Current and Forecast Volume (Tons), 2022-2032

Figure 02: Global Chitin Market Historical, Current, and Forecast Value (US$ Mn), 2022-2032

Figure 03: Global Chitin Market Incremental $ Opportunity, 2022-2032

Figure 04: Global Chitin Market Share and BPS Analysis By Derivative Type, 2022 & 2032

Figure 05: Global Chitin Market Y-o-Y Growth Projections By Derivative Type, 2022-2032

Figure 06: Global Chitin Market Absolute $ Opportunity by Glucosamine Segment, 2012-2032

Figure 07: Global Chitin Market Absolute $ Opportunity by Chitosan Segment, 2012-2032

Figure 08: Global Chitin Market Absolute $ Opportunity by Others Segment, 2012-2032

Figure 09: Global Chitin Market Attractiveness Analysis By Derivative Type, 2022-2032

Figure 10: Global Chitin Market Share and BPS Analysis By End-Use Industry, 2022 & 2032

Figure 11: Global Chitin Market Y-o-Y Growth Projections By End-Use Industry, 2022-2032

Figure 12: Global Chitin Market Absolute $ Opportunity by Food and Beverages Segment, 2012-2032

Figure 13: Global Chitin Market Absolute $ Opportunity by Agrochemical Segment, 2012-2032

Figure 14: Global Chitin Market Absolute $ Opportunity by Healthcare Segment, 2012-2032

Figure 15: Global Chitin Market Absolute $ Opportunity by Cosmetics and Toiletries Segment, 2012-2032

Figure 16: Global Chitin Market Absolute $ Opportunity by Waste and Water Treatment, 2012-2032

Figure 17: Global Chitin Market Absolute $ Opportunity by Others Segment, 2012-2032

Figure 18: Global Chitin Market Attractiveness Analysis By End - Use, 2022-2032

Figure 19: Global Chitin Market Share and BPS Analysis By Region, 2022 & 2032

Figure 20: Global Chitin Market Y-o-Y Growth Projections By Region, 2022-2032

Figure 21: Global Chitin Market Absolute $ Opportunity by North America Region, 2012-2032

Figure 22: Global Chitin Market Absolute $ Opportunity by Latin America Region, 2012-2032

Figure 23: Global Chitin Market Absolute $ Opportunity by Europe Region, 2012-2032

Figure 24: Global Chitin Market Absolute $ Opportunity by East Asia Region, 2012-2032

Figure 25: Global Chitin Market Absolute $ Opportunity by South Asia & Pacific Region, 2012-2032

Figure 26: Global Chitin Market Absolute $ Opportunity by Middle East & Africa Region, 2012-2032

Figure 27: Global Chitin Market Attractiveness Analysis Projections By Region, 2022-2032

Figure 28: North America Chitin Market Share and BPS Analysis By Country– 2022 & 2032

Figure 29: North America Chitin Market Y-o-Y Growth Projections By Country, 2022-2032

Figure 30: North America Chitin Market Attractiveness Projections By Country, 2022-2032

Figure 31: North America Chitin Market Share and BPS Analysis by Derivative Type– 2022 & 2032

Figure 32: North America Chitin Market Y-o-Y Growth Projections by Derivative Type, 2022-2032

Figure 33: North America Chitin Market Attractiveness Analysis by Derivative Type, 2022-2032

Figure 34: North America Chitin Market Share and BPS Analysis by End-Use Industry– 2022 & 2032

Figure 35: North America Chitin Market Y-o-Y Growth Projections by End-Use Industry, 2022-2032

Figure 36: North America Chitin Market Attractiveness Analysis by End-Use Industry, 2022-2032

Figure 37: Latin America Chitin Market Share and BPS Analysis By Country– 2022 & 2032

Figure 38: Latin America Chitin Market Y-o-Y Growth Projections By Country, 2022-2032

Figure 39: Latin America Chitin Market Attractiveness Projections By Country, 2022-2032

Figure 40: Latin America Chitin Market Share and BPS Analysis by Derivative Type– 2022 & 2032

Figure 41: Latin America Chitin Market Y-o-Y Growth Projections by Derivative Type, 2022-2032

Figure 42: Latin America Chitin Market Attractiveness Analysis by Derivative Type, 2022-2032

Figure 43: Latin America Chitin Market Share and BPS Analysis by End-Use Industry– 2022 & 2032

Figure 44: Latin America Chitin Market Y-o-Y Growth Projections by End-Use Industry, 2022-2032

Figure 45: Latin America Chitin Market Attractiveness Analysis by End-Use Industry, 2022-2032

Figure 46: Europe Chitin Market Share and BPS Analysis By Country– 2022 & 2032

Figure 47: Europe Chitin Market Y-o-Y Growth Projections By Country, 2022-2032

Figure 48: Europe Chitin Market Attractiveness Projections By Country, 2022-2032

Figure 49: Europe Chitin Market Share and BPS Analysis by Derivative Type– 2022 & 2032

Figure 50: Europe Chitin Market Y-o-Y Growth Projections by Derivative Type, 2022-2032

Figure 51: Europe Chitin Market Attractiveness Analysis by Derivative Type, 2022-2032

Figure 52: Europe Chitin Market Share and BPS Analysis by End-Use Industry– 2022 & 2032

Figure 53: Europe Chitin Market Y-o-Y Growth Projections by End-Use Industry, 2022-2032

Figure 54: Europe Chitin Market Attractiveness Analysis by End-Use Industry, 2022-2032

Figure 55: East Asia Chitin Market Share and BPS Analysis By Country– 2022 & 2032

Figure 56: East Asia Chitin Market Y-o-Y Growth Projections By Country, 2022-2032

Figure 57: East Asia Chitin Market Attractiveness Projections By Country, 2022-2032

Figure 58: East Asia Chitin Market Share and BPS Analysis by Derivative Type– 2022 & 2032

Figure 59: East Asia Chitin Market Y-o-Y Growth Projections by Derivative Type, 2022-2032

Figure 60: East Asia Chitin Market Attractiveness Analysis by Derivative Type, 2022-2032

Figure 61: East Asia Chitin Market Share and BPS Analysis by End-Use Industry– 2022 & 2032

Figure 62: East Asia Chitin Market Y-o-Y Growth Projections by End-Use Industry, 2022-2032

Figure 63: East Asia Chitin Market Attractiveness Analysis by End-Use Industry, 2022-2032

Figure 64: South Asia & Pacific Chitin Market Share and BPS Analysis By Country– 2022 & 2032

Figure 65: South Asia & Pacific Chitin Market Y-o-Y Growth Projections By Country, 2022-2032

Figure 66: South Asia & Pacific Chitin Market Attractiveness Projections By Country, 2022-2032

Figure 67: South Asia & Pacific Chitin Market Share and BPS Analysis by Derivative Type– 2022 & 2032

Figure 68: South Asia & Pacific Chitin Market Y-o-Y Growth Projections by Derivative Type, 2022-2032

Figure 69: South Asia & Pacific Chitin Market Attractiveness Analysis by Derivative Type, 2022-2032

Figure 70: South Asia & Pacific Chitin Market Share and BPS Analysis by End-Use Industry– 2022 & 2032

Figure 71: South Asia & Pacific Chitin Market Y-o-Y Growth Projections by End-Use Industry, 2022-2032

Figure 72: South Asia & Pacific Chitin Market Attractiveness Analysis by End-Use Industry, 2022-2032

Figure 73: MEA Chitin Market Share and BPS Analysis By Country– 2022 & 2032

Figure 74: MEA Chitin Market Y-o-Y Growth Projections By Country, 2022-2032

Figure 75: MEA Chitin Market Attractiveness Projections By Country, 2022-2032

Figure 76: MEA Chitin Market Share and BPS Analysis by Derivative Type– 2022 & 2032

Figure 77: MEA Chitin Market Y-o-Y Growth Projections by Derivative Type, 2022-2032

Figure 78: MEA Chitin Market Attractiveness Analysis by Derivative Type, 2022-2032

Figure 79: MEA Chitin Market Share and BPS Analysis by End-Use Industry– 2022 & 2032

Figure 80: MEA Chitin Market Y-o-Y Growth Projections by End-Use Industry, 2022 – 2032

Figure 81: MEA Chitin Market Attractiveness Analysis by End-Use Industry, 2022-2032

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