The future of the global chitosan market looks promising with opportunities in the food & beverage, pharmaceutical, and agrochemical industries. The global chitosan market is expected to grow with a CAGR of 14%-16% from 2020 to 2025. The major drivers for this market are its biodegradability, bioactivity, biocompatibility, non-toxicity, fiber grade properties, and adsorption.

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In this market, industrial is the largest grade of chitosan, whereas food & beverages is the largest application. Growth in various segments of the chitosan market are given below: