Rising Demand for Dietary Supplements Enabling Growth in Chitosan Market at 14.3% CAGR

Future Market Insights - Seite 2

• Increasing prevalence of infectious diseases is expected to boost the demand for chitosan-based products.
• Growing food additives application is spurring the growth of the chitosan market.
• Rising demand for organic personal care and cosmetics products will bolster the growth of the market.
• Increasing incidence of obesity and overweight will create growth opportunities for the market.

Key Restraints

• High production cost is restraining the growth of the chitosan market.
• The lengthy and time-consuming process for manufacturing chitosan might hamper the market growth.
• Lack of raw material is a factor negatively affecting the growth of the chitosan market.

Discover more about the chitosan market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/checkout/11443

Competitive Landscape

Companies operating in the chitosan market are focusing on expanding their product portfolio by developing a wide range of chitosan-based products according to the application of the end-use industries. For instance,

• Axio Biosolutions launched its new product named, MaxioCel, a next-generation wound care dressing chitosan-based product in 2019.
• Friesland foods kievit, a Germany-based company, has created a new encapsulating technology to increasing the use of chitosan as a natural product. Friesland foods kievit has established a distinct business organization named, Kievit Ventures.

Leading players profiled by FMI operating in chitosan market include:

• Agratech (KYTOSAN USA, LLC)
• Austanz Chitin Pty Ltd.
• CarboMer, Inc.
• Golden-Shell Pharamceuticals Co. Ltd
• Heppe Medical Chitosan GmbH
• KIMICA Corporation
• Kitozyme, LLC
• Kraeber & Co. GmbH
• Meron Group
• Qingdao Haijia Biology and Technology Co. Ltd
• Tidal Vision Inc.
• Chitolytic
• Marshall Marine Products
• Zhejiang Aoxing Biotechnology Co. Ltd.

More Insights on FMI's Chitosan Market

The latest market study on global chitosan market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented