Industry Overview
The global Chitosan Market was valued at USD 7.8 billion in 2023 and is expected to reach USD 26.7 billion by 2030, growing at a CAGR of 21.0% during 2025-2030. The global chitosan market is growing at a remarkable rate with its increasing demand in the pharmaceutical industry due to its various uses such as; It is used to treat complications such as kidney failure, anemia, loss of strength and appetite, and others. It is used to treat various medical conditions including high cholesterol and obesity.
Chitosan is a sugar that is obtained from the hard outer skeleton of shellfish including lobster, shrimp, and crab. It is a fibrous substance that might block the absorption of dietary fat and cholesterol. It is a natural biopolymer which is derived from chitin.
Market Segmentation
Insight by Grade
On the basis of grade, the market is bifurcated into industrial grade, food grade, and pharmaceutical grade. Among these grades, Industrial grade chitosan segment captured the largest market share in 2023. Industrial-grade chitosan is widely used in various applications including water treatment, agrochemicals, and textiles due to its low-cost advantage. Also, due to its physical and chemical properties, it is being used in a wide array of products and applications, wherein different properties are required for different applications, which change with the degree of acetylation and molecular weight.
Insight by Source Type
Based on source type, the Global Chitosan Market is segmented into Shrimps, Prawns, Crabs, Lobsters, Fungi. The market is dominated by segment Shrimps as shrimp shell derived chitosan is used as antibacterial, biocompatible and eco-friendly polyelectrolyte biomaterial with a wide range of applications in water treatment, additives for cosmetics, textile treatment and chromatography for antimicrobial activity.
Insight by Application Type
Based on end-user type, the Global Chitosan Market is segregated into food additive, dietary supplements, pharmaceuticals and spa. Dietary supplements leads the market due to rising demand of health-conscious consumers. 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 for a healthy lifestyle which help in the treatment of weight management and obesity.
Global Chitosan Market Report Coverage
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Report Metric
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Details
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Historical Period
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2018 - 2023
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Base Year Considered
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2024
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Forecast Period
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2025 - 2030
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Market Size in 2023
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U.S.D. 7.8 Billion
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Revenue Forecast in 2030
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U.S.D. 26.7 Billion
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Growth Rate
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21.0%
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Segments Covered in the Report
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By Grade, By Source Type, and By Application Type
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Report Scope
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Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
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Regions Covered in the Report
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North America, Europe, Asia-Pacific, Middle East, and Rest of the World
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Industry Dynamics
Growth drivers
Easy and abundant availability, unique properties, and growing awareness related to its health benefits are the major growth drivers identified in the chitosan market. Chitin is the second most abundant resource in the world following cellulose, which is becoming a major attraction for various industries. Chitin is estimated to be produced annually as much as cellulose in the coming years, as it is a high-potential resource. It is being commercially produced in countries such as Poland, India, Japan, the U.S., Norway, and Australia.
Moreover, it has a number of biomedical uses, for instance, it is useful in bandages which can reduce the bleeding and can act as an antibacterial agent. The growing awareness about health across the globe is expected to drive the chitosan market growth.
Challenges
Stringent rules and regulations related to aquaculture are expected to pose a main restraint in the chitosan market growth. In some countries, rigorous shrimp farming has led to environmental degradation and threats to the long-term sustainability of the industry; hence various guidelines have been set by regulatory authorities to maintain the balance in the industry.
Geographic Overview
The APAC is the largest contributor to the chitosan market and holds the largest share of the market. The region market is expected to register the fastest growth during the forecast period. This can be attributed to the presence of major producers in the region, which are fueling the market growth in the region. This is due to the increasing demand along with rising investment. Along with that, various research and development activities are ongoing for the commercial production of the product from non-aquatic sources such as algae, yeasts, and fungi are also expected to drive the chitosan market growth in the region.
Competitive Insight
The chitosan market is highly fragmented due to the presence of a large number of players in the market, which makes it a highly competitive market for the industry players. The players need to have a focused strategy to achieve a competitive advantage in the market. The various key players in the chitosan industry are investing heavily in carrying out research and development activities for the development of new and improved production processes and technologies for chitosan manufacturing.
Some of the key players operating in the chitosan market are Chitosan AS, Mahtani chitosan Pvt. ltd., AgraTech, JBIChem International, Primex Ehf, Heppe Medical Chitosan GmbH, Vietnam Food, Advanced Biopolymers AS, G.T.C. Bio Corporation, and KitoZyme S.A.
Primary Research
VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from the industry experts. The key profiles approached within the industry include CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end-user surveys comprising consumers are also conducted to understand consumer behavior.
The Chitosan Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
- Grade
- Industrial
- Food
- Pharmaceutical
- Source Type
- Shrimps
- Prawns
- Crabs
- Lobsters
- Fungi
- Application Type
- Food Additive
- Dietary Supplements
- Pharmaceuticals
- Spa
Region Covered in the Report
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East and Africa (MEA)
- South America
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Source: VynZ Research
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Source: VynZ Research
