The chitosan market is expected to grow at a CAGR of 15% by 2024


   September 26, 2019
According to a market report by Lucintel, the future of the chitosan market looks promising with opportunities in the water treatment, food & beverage, cosmetics, medical & pharmaceutical, and agrochemical industries. The chitosan market is expected to grow with a CAGR of 15% from 2019 to 2024. 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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Within the chitosan market, water treatment, food & beverages, cosmetics, medical & pharmaceuticals, and agrochemicals are the major end use industries. Water treatment is the largest end use segment of the chitosan market.

Industrial grade, food grade, and pharmaceutical grade are the major grade of the chitosan market.

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Asia Pacific will remain the largest region over the forecast period due to the presence of a large number of manufacturers in Japan, China, and India and easy availability of raw materials in the region.

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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., and Zhejiang Golden-Shell Pharmaceutical Co., Ltd. are among the major manufacturers of chitosan.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the chitosan market by end use industry, grade, and region. Lucintel has prepared a comprehensive research report entitled "Chitosan Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the chitosan market by end use industry, grade, and region as follows:

By Grade [$M shipment analysis for 2013 – 2024]:



  • Industrial Grade


  • Food Grade


  • Pharmaceutical Grade


 By End Use Industry [$M shipment analysis for 2013 – 2024]:



  • Water Treatment


  • Food & Beverages


  • Cosmetics


  • Medical & Pharmaceuticals


  • Agrochemicals


  • Others


By Region [$M shipment analysis for 2013 – 2024]:



  • North America


  • US


  • Canada


  • Mexico


  • Europe


  • Germany


  • Spain


  • France


  • United Kingdom


  • Russia


  • Asia Pacific


  • China


  • Japan


  • India


  • South Korea


  • Thailand


  • The Rest of the World


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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/chitosan-market.aspx or helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.


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