New Research: Lucintel Predicts a Bright Future for the Chitosan Market Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Chitosan Market”?

This market report for chitosan identifies and predicts future opportunities for growth in chitosan market for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for chitosan in the water treatment, food & beverage, cosmetics, medical & pharmaceutical, and agrochemical industries.

According to Lucintel’s market report, the chitosan market is expected to grow with a CAGR of 15% from 2019 to 2024. Some of the dominant players in the chitosan market are Primex EHF, Heppe Medical Chitosan GmbH, Vietnam Food, Kitozyme S.A., Agratech, Advanced Biopolymers, Bio21 Co., Ltd. , G.T.C. Bio Corporation, Taizhou City Fengrun, Biochemical Co., Ltd., Zhejiang Golden-Shell Pharmaceutical Co., Ltd., and others.

There are some interesting developments in chitosan market as competition heats up and players try to increase their market share. The major growth drivers for this market are growing awareness, availability of abundant raw materials, and increasing demand from water treatment and cosmetic industries.

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