Discover trends, market shifts, and competitive outlooks for the chitosan industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#How Has The Chitosan Market Growth Evolved From 2024 To 2025, And What’s Ahead?

The chitosan market has seen rapid expansion in the last few years. The market size, which stood at $8.65 billion in 2024, is projected to rise to $10.37 billion in 2025, achieving a compound annual growth rate (CAGR) of 19.9%. This robust growth during the historic period can be traced back to various factors – waste from seafood processing, applications in biomedicine, burgeoning usage in the agricultural sector, the food and beverage industry, the paper and pulp industry, and metal ion chelation.

Expectations suggest that the chitosan market will experience notable advancements in the coming years, potentially increasing to $22.99 billion by 2029 with a compound annual growth rate (CAGR) of 22.0%. The projected growth during the forecast period can likely be connected to the evolution of bioplastics, nutraceuticals, dietary supplements, environmental factors, agricultural biostimulants, and functional food ingredients, as well as regulatory backing. Key trends anticipated in the forecast period encompass water filtration methodologies, advancements and variations in chitosan, the introduction of chitosan nanoparticles in medication delivery, usage of chitosan in biomedical scaffoldings, and tissue engineering employing chitosan.

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What are the Fundamental Drivers and Innovations Shaping the Chitosan Market?

The global chitosan market is anticipated to expand due to the soaring demand for wastewater treatment. Defined as the elimination of contaminants from wastewater before it enters natural water bodies like oceans, lakes, and rivers, wastewater treatment is a significant application of chitosan. It is primarily used to absorb heavy metals or metalloids, remove dye from industrial wastewater, and eliminate other organic pollutants such as organic oxidants, oil waste, and organochloride pesticides. This was evidenced in March 2024, when the UK’s non-departmental public body, Environment Agency, reported a 54% surge in sewage spills, escalating from 301,091 incidents in 2022 to 464,056 in 2023. Consequently, the escalating demand for wastewater treatment globally is propelling the growth of the chitosan market.

How Is the Chitosan Market Segmented?

The chitosan market covered in this report is segmented –

1) By Grade: Pharmaceutical Grade, Industrial Grade, Food Grade

2) By Source: Shrimp, Squid, Crab, Krill, Other Sources

3) By Application: Water Treatment, Food And Beverages, Cosmetics, Medical And Pharmaceuticals, Agrochemicals, Other Applications

Subsegments:

1) By Pharmaceutical Grade: Drug Delivery Systems, Wound Healing Applications

2) By Industrial Grade: Water Treatment, Agriculture And Crop Protection

3) By Food Grade: Food Preservation, Nutraceutical Applications

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Which Regions Are Driving the Next Phase of the Chitosan Market Growth?

Asia-Pacific was the largest region in the chitosan market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the chitosan market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Key Trends Are Shaping the Future of the Chitosan Market?

The principal players in the chitosan market are working on developing advanced solutions, like chitosan injection, to enhance their market position. Chitosan injection is a kind of drug delivery tool that uses chitosan, a naturally existing polymer, as its primary ingredient. For example, KiOmed Pharma, a biotechnology organization based in Belgium, introduced KiOmedinevsOne in September 2023. KiOmedinevsOne is a single, non-animal chitosan injection that was created as an intraarticular injection specific for relieving symptoms of knee osteoarthritis. Its structure, distinct from hyaluronic acid and common chitosan, lessens knee pain for an extended period of over six months. It’s a patented technology that has seen up to 76% response rates.

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How Is the Chitosan Market Defined and What Are Its Core Parameters?

Chitosan is obtained from the outer skeleton of crustaceans and the cell walls of certain fungi. Chitosan can be used as a medicine and for manufacturing certain drugs. It is used for high blood pressure, wound healing, obesity, high cholesterol, and various other purposes. Due to its biodegradable nature, chitosan is also used for the development of antimicrobial films for food packaging.

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