Key Highlights from Report
Which Is the Highest Grossing Chitosan Market?
In Japan, many products with a natural ingredients such as chitosan have been launched in recent years. These products have grown in popularity due to their evolving consumer preferences. Japan currently leads the global market, with revenue expected to reach US$ 1.09 Bn by 2031.
Which is the Top-selling Form in Chitosan Market?
Powder will remain top-selling product form in the market, accounting for over 91% of revenue generated by 2031. This is due to the increasing demand from the various industries such as food additives, dietary supplements and others.
Which are some of the leading companies offering Chitosan?
Some of the leading companies in this landscape are Golden Shell Pharmaceuticals, Kraeber & Co GmbH, Tidal Vision Inc., Primex Ehf, Zhejiang Aoxing Biotechnology Co. Ltd., KYTOSAN USA, LCC. As per FMI, over 20% of the market share is currently covered by the top 9 players.
Who is the Leading End User of Chitosan?
Dietary Supplements segment is expected to lead the market during the forecast period, generating revenue of US$ 1.4 Bn by 2031 due to increased demand from obese population for chitosan based dietary supplements
Key Points Covered in Chitosan Market Study
- Market estimates and forecast 2015-2031
- Key drivers and restraints impacting market growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on Chitosan Market and How to Navigate
- Recommendation on Key Winning Strategies
2016-2020 Chitosan Market Outlook Compared to 2021-2031 Forecast
Driven by increasing application of chitosan in fighting infectious disease and strengthening immunity, the market is expected to rise at 14.3% CAGR between 2021 and 2031 in comparison above 12.1% CAGR registered during 2016-2020.
Chitosan market is registering high growth due to the increasing food additives application. Cargill has introduced a new flavor technology for food additives application that provides consumers with a consistent, fresh taste experience while being safer for producers than liquid alternatives. As chitosan is a natural ingredient, it helps the food products to stay fresh and retain the quality of the product.
Consumers’ shift towards natural and organic products is one of the major factors driving the chitosan market. In addition to this, the demand for products that do not cause harm to the environment and health will rise, creating sales opportunities for the market due to chitosan’s renewability.
People from around the world are becoming aware about the benefits of using ecofriendly products. The benefits of chitosan-based products include its eco-friendliness and biodegradability. As a result, several industries are increasingly becoming inclined to use chitosan-based products over synthetic ingredients.
Some of the key applications of chitosan include in the healthcare industry for the treatment of tuberculosis, cancer, and diabetes, and in nutraceuticals, and the agriculture industry for the production of bio-pesticides, seed treatment, leaf coatings, and others. Chitosan is also used as an antioxidant additive in food and beverages.
Research conducted on the use of chitosan-based products is leading to discovery of cures for various diseases, which is expected to drive the chitosan market during the forecast period. Chitosan-based membranes, for example, have been proposed for artificial kidneys due to their high tensile strength.
Chitosan and its derivative products can be used in space filling implants, drug and antibiotics delivery systems, tissue engineering, antifungal and wound dressings, dental implants, and many others.
Chitosan can also be used in the treatment of burned areas as it forms a tough, biocompatible, water-absorbent film, allows oxygen permeability and degrades naturally. Researches are underway to study the use of chitosan in developing artificial skin and in plastic skin surgery.
Chitosan can also be used in the manufacturing of contact lenses. Thus, the promising uses of chitosan in the healthcare industry are expected to drive the chitosan market during the forecast period.
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Applications of Chitosan in Fighting Infectious Diseases Emerge as Key Growth Drivers
Communicable diseases are undoubtedly one of the leading causes of death worldwide. The treatment and prevention of these diseases have gotten a lot of attention. Diseases such as SARS virus, coronavirus disease-19, AIDS, and Ebola virus pose a global threat to human health. New viruses, fungi, and drug-resistant bacteria continue to pose a threat to the human effective drug bank. Scientists have developed a number of new antibacterial and antiviral drugs in response to the transmission of infectious diseases.
Meanwhile, advances in functional materials have improved clinical outcomes. Chitosan is a natural material with high bioactivity, biocompatibility, and bioavailability. Combining chitosan with conventional medicine has shown to significantly improve anti-infection capacity.
This review summarized the design considerations and application of chitosan-composed systems for the treatment of infectious diseases, with the goal of introducing the concept of "infectious disease therapy."
How is Increasing Demand from Cosmetics & Personal Care Industries Driving the Growth?
Chitosan market is also expected to gain from increasing application in the cosmetics and personal care segment. Chitosan is used as a moisturizer to maintain skin moisture level. The molecular weight of chitosan is so high that it can’t penetrate into the skin; it thus creates a protective layer on the skin.
Chitosan is also used as a thickening agent, hydrating agent, emulsifying agent, and stabilizing agent in the production of personal care products including skin care, hair care, and oral care products. Chitosan is further used in the manufacturing of lotions, skin creams, shampoos, nail paints, make-up powder, varnishes, hair colorants, soaps and others.
Is Inclination towards Non-modified Functional Ingredients Boosting Chitosan Sales?
The growing health-conscious population has resulted in high demand for Non-GMO cosmetics ingredients like chitosan. The trend in the global cosmetic ingredients market implied the need for manufacturers to provide their customers with Non-GMO certified products.
In the case of parenting, parents are increasingly concerned about the ingredients used in infant products on the market, resulting in a preference for Non-GMO and non-modified functional ingredients. This will pave the way for the expansion of the chitosan market in the near future.
How is Demand for Pharmaceuticals Excipient Driving Chitosan Sales?
Chitosan is increasingly used as an excipient in the pharmaceutical industry for tablet disintegration, direct tablet compression, the manufacture of sustained release solid dosage types, and the improvement of drug dissolution.
When compared to conventional excipients, chitosan has shown greater versatility and superior properties in use. In addition to this, chitosan is used to ensure sustained release implant systems for long-term hormone delivery.
The transmucosal absorption-promoting properties of chitosan have recently been used for oral and nasal delivery of polar products such as proteins and peptides and vaccine delivery. These properties, combined with a low toxicity profile, make chitosan a promising and interesting excipient for the pharmaceutical industry's current and future applications.
Will the Demand in Food & Beverage Industry Emerge as Key Growth Driver?
Over the forecast period, the global food and beverage industry is projected to expand at a significant pace. Since it is non-toxic, chitosan is used in the food industry for various applications. Microcrystalline chitosan (MMC), for example, has excellent thickening and emulsifying properties and serves as a gelling agent for food stabilization.
Chitosan is used in food as an antioxidant, dietary fiber, and functional ingredient. Furthermore, chitosan can be used as a substitute for food preservatives, toxic pesticides that are widely used for food safety, and non-biodegradable and non-renewable polymers that are used to cover certain crops, such as fruits and vegetables.
Chitosan can also be used as a non-absorbable carrier for highly concentrated food ingredients, such as food nutrients and dyes. Increasing applications of chitosan and its derivatives like oligosaccharides in food and beverages are expected to drive the chitosan market during the assessment period.
How Big is the Opportunity for Chitosan Market in the U.S.?
According to FMI, the North America chitosan market is expected to offer lucrative growth opportunities over the forecast period. In 2021, the U.S. is expected to hold over 80% of the market.
Health and well-being are top priorities for consumers in the United States these days. A product that offers various health benefits backed by research results is likely to gain popularity.
This offers an opportunity for manufacturers to promote products with desirable claims that are trending. Clean label and transparency are the claims most preferred by consumers, especially millennial.
Will Germany Remain Dominant in the Europe Chitosan Market?
With a market share of nearly 21% in 2021, Germany remains a leading market for chitosan in Europe. The growing demand for personal care products in Germany is providing new opportunities for players in the chitosan market.
The ever-increasing demand for natural ingredients in cosmetics and personal care product is also expected to result in significantly higher sales of the ingredients used in these products.
How is Increasing Demand for Natural Ingredients Affecting Growth in Japan?
With a market share of over 55% in 2021, Japan remains one of the leading markets for chitosan in East Asia. In Japan, many products with a natural ingredients such as chitosan have been launched in recent years.
These products have grown in popularity due to their evolving consumer preferences. Clean label products have been introduced in the dietary supplements & food additives market, with Chitosan playing a significant role.
How are Government Initiatives Boosting Chitosan Sales in China?
FMI has projected the China chitosan market to gain attractive value share over the forecast period. It is expected to account for a share of nearly 30% in 2021 in the East Asia market.
With health consciousness and environmental sustainability as broad-level indicators of consumer demand, government in China is imposing increasingly stringent standards on food production, forcing manufacturers to meet these standards.
Implementation of stringent regulations will create opportunities for the expansion of chitosan sales in the country.
Is India a lucrative Country for Chitosan Market?
FMI has projected the India chitosan market to gain significant impetus over the forecast period. India is expected to hold over 45% in South Asia market in 2021. Athletes in India are demanding natural ingredients with clean labels for fitness and sports nutrition dietary supplements, on the assumption that natural ingredients with clean label are safe. These will create opportunities for chitosan sales in India.
Which Form of Chitosan Accounts for Maximum Share Globally?
The powder chitosan segment will account for nearly 88% of the global chitosan market in 2021. The powder chitosan application in food additives and dietary supplements is increasing. The trend will continue because chitosan in powder form is easy to mix.
Furthermore, increasing application in pharmaceuticals, besides food and beverages sector, will aid growth in this segment.
Why Is Shrimp Preferred As Source for Chitosan?
Shrimp segment is expected to account for share of 54.9% in 2021, which is also expected to grow at a high rate over the forecast period. The primary natural source of glucosamine is chitosan, which is derived from shrimp offal. Glucosamine, frequently in combination with chondroitin sulfate, has also been used to treat osteoarthritis, a common ailment worldwide.
Who is the Leading End User of Chitosan?
Due to rising demand from health-conscious consumers, the dietary supplements segment is expected to account for the dominant share in the market of more than 35% in 2021. Chitosan products such as ChitoClear, MicroChitosan NutriCology, and Chitoseen-F are marketed as fat reducers, antioxidant agents, and cholesterol-lowering agents.
ChitoClear, is recognized as a safe, natural, and effective weight loss supplement when combined with a healthy lifestyle. It can also help in the treatment of weight management and obesity. However, the effectiveness of chitosan in blocking fat absorption is debatable.
Companies are nowadays investing in research and development to launch new products with significantly enhanced properties.
- For instance: In 2019, MaxioCel, a chitosan-based next-generation wound care dressing, was introduced by Axio Biosolutions. Patients with chronic injuries such as venous leg ulcers, diabetic foot ulcers, post-operative surgical wounds, pressure ulcers, skin abrasions, cavity wounds, and donor sites may benefit from the "first of its type" solution, which is supposed to give relief and speed recovery. With its integrated scar healing, hemostatic and pain management properties, MaxioCel fills a significant market gap.
- Friesland foods kievit is a prominent player who has created this novel encapsulating technology to promote the usage of chitosan as a natural product. By establishing a distinct business organization, Kievit Ventures, Friesland Foods Kievit claims to have accelerated long-term innovation in encapsulation technology. Manufacturers are also focusing on the expansion of manufacturing facilities globally to maintain their global presence.
Some of the leading companies operating in the market are:
- Agratech (KYTOSAN USA, LLC)
- Austanz Chitin Pty Ltd.
- CarboMer, Inc.
- Golden-Shell Pharamceuticals Co. Ltd
- Heppe Medical Chitosan GmbH
- KIMICA Corporation
- Kitozyme, LLC
- Kraeber & Co. GmbH
- Meron Group
- Qingdao Haijia Biology and Technology Co. Ltd
- Tidal Vision Inc.
- Marshall Marine Products
- Zhejiang Aoxing Biotechnology Co. Ltd.,
*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report.
Scope of Report
Historical Data Available for
USD Million for Value
Key Regions Covered
North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa
Key Countries Covered
US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa
Key Segments Covered
Form, Source, End Use and Region
Key Companies Profiled
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
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Chitosan Market by Category
By End Use:
- Food Additive
- Dietary Supplements
- Crohn’s Disease
- Dental Cavities
- Weight Loss
- Sports Nutrition
- Immune & Digestive Health
- Bone & Joint Health
- Heart Health
- Other Specific Requirements
- Hair Care
- Nail Care
- Skin Care
- North America
- Latin America
- East Asia
- South Asia
- Middle East and Africa (MEA)