The chitosan powder market is expected to increase significantly around the world between 2022 and 2032, with a high CAGR of about 6.38%. Increased demand for chitosan powder from a variety of end-use sectors, including food and beverage, pharmaceuticals, nutritional supplements, and personal care & cosmetics, is responsible for the market’s growth.
Chitosan powder is obtained by treating the shells of crabs and other crustaceans with an alkaline substance such as sodium hydroxide. The shell waste contains a high amount of chitin which is further processed to manufacture glucosamine, chitosan, and other by-products. It is a deacetylated form of chitin. Chitosan powder is a biopolymer and has many beneficial properties such as biorenewability, biodegradability, biocompatibility, nontoxicity, and bioadhesivity, and thus, has applications in personal care and cosmetic industry, the pharmaceutical industry, and various other industries. Chitosan powder is obtained from various sources such as crabs, lobster, shrimp, etc.
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The Biodegradable Property Increases the Demand for Chitosan Powder
The occurrence of obesity and the overweight problem is increasing at a high rate across various regions of the world. According to WHO, in 2016, 13% of the adults were obese, and 39% of the adults were overweight.
Therefore, consumers are trying to maintain a healthy lifestyle and prefer the use of dietary supplements to fulfill the nutritional requirement of the body. The increase in weight management problems is expected to serve as a driver for the chitosan powder market. Chitosan powder is a dietary fiber and is used as a weight loss dietary supplement. Some studies have shown that chitosan helps to reduce fat absorption, and thus, can reduce the overall calorie content which helps in weight management. Therefore, the increase in obesity and overweight problems are anticipated to increase the chitosan powder market.
Chitosan Powder Market: Key Participants
Some of the market participants in the Chitosan Powder market are:
- T.C. Bio Corporation
- Advanced Biopolymers AS
- Meron Group
- Novamatrix
- Amicogen, Inc.
- Heppe Medical Chitosan GmbH
- Tokyo Chemical Industry Co., Ltd.
- Comgraf SAS
- Kitozyme S.A.
- Jiangyin Healthway International Trade Co., Ltd
- Primex ehf
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Chitosan Powder Market Segmentation
The Chitosan Powder market can be segmented on the basis of source, grade, end use, and distribution channel:
On the basis of source, the Chitosan Powder market can be segmented as:
- Shrimp
- Crab
- Krill
- Squid
- Others (Lobster, Turtle, etc.)
On the basis of grade, the Chitosan Powder market can be segmented as:
- Pharmaceutical Grade
- Food Grade
- Agricultural Grade
- Industrial Grade
On the basis of end use, the Chitosan Powder market can be segmented as:
- Food and Beverage Industry
- Personal Care and Cosmetic Industry
- Pharmaceutical Industry
- Dietary Supplement Industry
- Textile Industry
- Others (Wastewater treatment, Animal Feed, etc.)
On the basis of the distribution channel, the chitosan powder market is segmented into-
- Direct Sales/B2B
- Indirect Sales/B2C
- Hypermarkets/ Supermarkets
- Convenience Stores
- Specialty Stores
- Online Retailing
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Frequently Asked Questions
- At what rate will the global chitosan market grow?
- Which market is forecast to register a higher growth rate?
- Which are some prominent chitosan powder manufacturers?
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