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Chitosan is a polysaccharide derivative of chitin that is obtained from the shells of marine animals such as shrimps, lobsters, crabs, and others. Chitin extracted from crustacean shell waste is further processed and treated with acids and alkalis to obtain chitosan. According to the Food and Agriculture Organization FAOSTAT, Europe produces around 750,000 tons of crustacean shell waste every year. This waste disposal in the developed countries is highly expensive, for instance, it costs around $150 per ton in Australia. In addition, the waste is high in proteins and chitin. However, as chitin is the second most beneficial polysaccharide found in nature, other than cellulose, it makes the waste highly valuable. Chitosan is used in a variety of applications such as in agriculture as a biopesticide amp; plant growth promoter, for water treatment, and in the biomedical sector for blood clotting amp; weight loss. Several researches have estimated potential applications of chitosan in polyurethane paints amp; coatings, bioprinting of organs, and as a food preservation material.nnThe world chitosan market is derived by factors such as the growing waste from the seafood industry, the increasing applications of chitosan, and support from the government towards waste utilization. The shell waste is processed into chitin and other high value products. In addition, the surge in demand of biobased cosmetic products is also expected to propel the market growth during the forecast period. However, the high cost of production may hamper the market growth. The Ramp;D for exploring further applications and uses of chitosan has created a significant growth opportunity for the industry players.nnThe chitosan market is segmented based on the source, applications, and geography. On the basis of source, the market is subsegmented into shrimp, crab, krill, and squid. Based on application, the market includes water treatment, biomedical amp; pharmaceuticals, cosmetics, food amp; beverage, and others. Geographically, the market is analyzed acorss North America, Europe, AsiaPacific, and LAMEA. The report also includes the country level analysis of each geographic region.nnThe major companies profiled in the report include:nnnnAdvanced Biopolymers ASnnHeppe Medical Chitosan GmbHnnG.T.C. Bio CorporationnnPrimex ehfnnKitozyme S.A.nnNovamatrixnnAgratech International, Inc.nnGoldenShell Pharmaceutical Co. Ltd.nnQingdao Yunzhou Biochemistry Co. Ltd.nnPanvo Organics Pvt Ltd.nnnKEY BENEFITS FOR STAKEHOLDERSnnnnThis report provides an extensive analysis of the current and emerging market trends and dynamics in the global chitosan industry.nnIndepth analysis is conducted by constructing market estimations for the key market segments between 2014 and 2022.nnFactors driving and restraining the market growth along with their impact analysis are mentioned in the report.nnKey market players are profiled, with thorough analysis of the strategic actions taken by them to provide complete market understanding.nnnKEY MARKET SEGMENTSnnBY SOURCEnnnnShrimpnnCrabnnKrillnnSquidnnnBY APPLICATIONnnnnWater TreatmentnnBiomedical amp; PharmaceuticalsnnCosmeticsnnFood amp; BeveragennOthersnnnBY GEOGRAPHYnnnnNorth AmericannnnnnU.S.nnnCanadannnMexiconnnnnnEuropennnnnGermanynnnFrancennnItalynnnUKnnnRest of EuropennnnnnAsiaPacificnnnnnChinannnJapannnnIndiannnSouth KoreannnRest of AsiaPacificnnnnnnLAMEAnnnnnBrazilnnnSouth AfricannnArgentinannnRest of LAMEAnnnnnnnOther players that are active across the value chain of chitosan include:nnnnBioPhrame TechnologiesnnBiotherannDainichiseika Color amp; Chemicals Mfg. Co. LtdnnUnited Chitotechnologies Inc.nnKoyo World Hong Kong Co. Ltd.nnKraeber amp; Co. GmbHnnFoodchem International CorporationnnFMC CorporationnnXianju Tengwang Chitosan FactorynnPT Biotech Surindonnn*Above list of companies are not profiled, can be profiled based on client request
Original Article: Chitosan Market by Source Shrimp, Crab, Squid, and Krill, Application Water Treatment, Biomedical Pharmaceuticals, Cosmetics, Food beverage, and Others Global Opportunity Analysis and Industry Forecast, 20142022 [Report Updated: 09012017] Prices from UNEXT ARTICLE
Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism ...