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The global chitosan market was valued at USD 7.0 billion in 2023 and is expected to reach USD 21.7 billion by 2030, growing at a CAGR of 21.0% during 2025-2030. The chitosan market is highly fragmented due to the presence of a large number of players in the market, which makes it a highly competitive market for the industry players. The players need to have a focused strategy to achieve a competitive advantage in the market. The various key players in the chitosan industry are investing heavily in carrying out research and development activities for the development of new and improved production processes and technologies for chitosan manufacturing.  

The water treatment application category held the largest share of the chitosan market in 2023

Based on power output, the chitosan market is categorized into water treatment, food and beverage, cosmetics, medical and pharmaceuticals, agrochemicals, and others. Among these, the water treatment application category accounted for the foremost share in 2023 with the increasing need for wastewater treatment to meet the increasing demand of drinking water and clean water.

Global Chitosan Market Segmentation and Key Players

Geography Insight

APAC is the largest contributor in the chitosan market and holds the largest share of the market. The region market is expected to register the fastest growth during the forecast period. This can be attributed to the presence of major producers in the region, which are fueling the market growth in the region. This is due to the increasing demand along with rising investment. Along with that, various research and development activities are ongoing for the commercial production of the product from non-aquatic sources such as algae, yeasts, and fungi are also expected to drive the chitosan market growth in the region.

Competitive Insight

Some of the key players operating in the chitosan market are Chitosan AS, Mahtani chitosan pvt. ltd., AgraTech, JBIChem International, Primex ehf, Heppe Medical Chitosan GmbH, Vietnam Food, Advanced Biopolymers AS, G.T.C. Bio Corporation, and KitoZyme S.A.

Key Takeaway from the Report:

• Among all the grades, the industrial-grade chitosan segment captured the largest market share in 2023.
• Of all the applications, the water treatment application category accounted for the foremost share in 2023.

The Report Offers:

• Historical market estimate for the years 2018–2023 and forecast for the years 2025–2030
• Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
• Market insights by in-depth segmentation with industry dynamics.
• Competitive analysis and benchmarking of the industry leaders and their product offerings
• Profiles of leading players and innovators, their financial overview, and product portfolio
• Analysis of key industry trends and recent developments
• Value chain analysis and distribution channel analysis with opportunity assessment
• Market share analysis of major players

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The report provides the market value for the base year 2023 and a yearly forecast till 2030 for revenue (USD Billion). The report segments the global chitosan market based on grade, application, and region.

Global Chitosan Market Coverage

Grade Insight and Forecast 2025 – 2030

• Industrial
• Food
• Pharmaceutical

Application Insight and Forecast 2025 – 2030

• Water Treatment
• Food & Beverage
• Cosmetics
• Medical & Pharmaceuticals
• Agrochemicals

Geographical Segmentation

Chitosan Market by Region

North America

• By Grade
• By Application
• By Country – U.S., Canada, and Mexico

Europe

• By Grade
• By Application
• By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

• By Grade
• By Application
• By Country – China, Japan, India, South Korea, Singapore, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Grade
• By Application
• By Country – Brazil, South Africa, Saudi Arabia, and Other Countries