Global Chitosan Market Growth at 13% CAGR Forecast to 2019

Jul 27, 2015, 02:00 ET from ReportsnReports

DALLAS, July 27, 2015 /PRNewswire/ -- adds Global Chitosan Market 2015-2019 research report that emphasizes emerging use of chitosan as an alternative in food packaging as a major factor triggering growth across the globe for this industry.

Complete report on chitosan market spread across 65 pages, analyzing 5 major companies and supported with 25 data exhibits is now available at .

The chitosan market is expected to grow rapidly during the forecast period because of increasing consumption of chitosan in water treatment and the cosmetics industry. Chitosan is used as a flocculating and chelating agent for removing various traces of metals from industrial wastewater. Chitosan is used as a substitute to petroleum by-products such as plastics used in food packing, which are not recyclable. It is increasingly preferred for food packaging as it is produced from the shells of prawns and different scavengers, and is biodegradable, and also possesses antimicrobial properties.

Commenting on the report, an analyst said: "Demand from APAC is expected to be higher than other regions because of strong growth of various industries such as cosmetics, food and beverage, healthcare and medical, agrochemicals, biomedicine, and pulp and paper. Also, India and China are likely to post high GDP growth rates; as a result, the demand from various industries such as wastewater treatment is expected to increase substantially during the forecast period. In addition, many vendors are expected to set up production facilities in this region to cater to the growing demand."

Biothera, FMC Health & Nutrition, Golden-Shell Pharmaceutical, GTC Bio and KitoZyme are the major companies discussed in this chitosan market research. Other prominent vendors simply mentioned in the report include Advanced Biopolymers, Dalian Xindie Chitin, Kunpoong Bio, Meron Biopolymers, Navamedic and Primex. Order a copy of Global Chitosan Market 2015-2019 research report at .

According to this chitosan market report, in cosmetics, it is used as a moisturizing agent, emollient, and film former. The consumption of chitosan accounted for 41% in the cosmetics industry mainly for skin care products, and 8% in the pharmaceutical industry. Organic acids are generally used as a solvent for cosmetic applications. Polyanionic chitosan is the only natural cationic gum, which turns viscous when neutralized with an acid. Chitosan also helps in hair softening and smoothening. Further, the report states that it is difficult for small-scale water utilities to afford enough water treatment products because of the high prices of these products, thereby hindering market growth.

The report, Global Chitosan Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various types of production techniques, applications and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.

Key Market Drivers 

  • Increased Use of Chitosan in Cosmetics
  • Rise in Demand for Water Treatment in Developed Nations
  • Increased Demand for Chitosan in Emerging Countries

Key Market Trends 

  • Increasing Demand from APAC
  • Use of Chitosan in Fuel Cells
  • Emerging Use of Chitosan as Alternative in Food Packaging

To define the chitosan market circumstances for the next 3-4 years, analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

On a related note, another research titled Insoluble Dietary Fiber Market by Type (Cellulose, Hemicellulose, Chitin & Chitosan, Lignin, Fiber/Bran, Resistant Starch), Industry (Food, Feed & Pharmaceutical) & Region - Global Trend & Forecast to 2019 says Asia-Pacific region is estimated to be the fastest-growing market for insoluble dietary fibers. It is estimated to grow at the highest CAGR of about 10% for during the review period. The demand for functional foods and increasing health consciousness is driving the insoluble dietary fiber market in developed economies. In emerging economies, rising disposable income and growing awareness of consumers is fueling the growth. Also, increasing prevalence of several health disorders-including obesity, coronary heart disorder, diabetes, gastro-intestinal troubles, and cholesterol-are shifting consumer preference towards intake of insoluble dietary fibers.

Companies profiled in this insoluble dietary fiber market research include Archer Daniels Midland Company, Cargill Incorporated, E. I. Dupont De Nemours and Company, Grain Processing Corporation, Ingredion Incorporated, J. Rettenmaier & Söhne Gmbh & Co. Kg, Roquette Frères, Südzucker AG, Sunopta Inc. and Tate & Lyle PLC. Comprehensive table of contents and more on this research is available at .

For the chemicals industry as well as pharmaceuticals and F&B markets, has a wide range of relevant reports that might be of interest:

Global and China Chitosan Gel Industry 2014-2019 Report:  Spread across 129 pages, this research profiles companies like Yantai Wanli Medical, QISHENG, Shijiazhuang Yishengtang, Chang Sha Hai Run, JLDMK BIOLOGICAL, NANCHANG HUAKANG, JiangXi Yu Zhang, YY biotechnology, Nanchang De Han and AOL&D Bio. This research is supported with 151 tables and figures to support the chitosan gel market analysis of the report. Comprehensive table of contents and more on this report is available at .

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