Europe Chitosan Market to 2027: COVID-19 Impact and Regional Analysis by Grade; Application; Source, and Country - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Europe Chitosan Market to 2027- COVID-19 Impact and Regional Analysis by Grade; Application; Source, and Country" report has been added to ResearchAndMarkets.com's offering.

The Europe chitosan market was valued at US$ 348.97 million in 2018 and is projected to reach US$ 920.95 million by 2027, it is expected to grow at a CAGR of 11.4 % during the forecast period.

Chitosan is a natural fibrous material derived from chitin. It is a substance produced in the outer shell of some shellfishes such as lobsters, crabs, and shrimps. Shrimps are considered to be major source of chitosan as they contain ~20-40% of chitin content, whereas crab shells contain ~15-20% chitin. Certain varieties of fungi have also been known to produce low amounts of chitin in their cell walls.

However, the unavailability of an optimal procedure for commercial-scale chitin extraction from fungi makes it a less used source for obtaining chitosan. The polymer is a rich fiber source and is increasingly being incorporated into dietary supplements for promoting weight loss as it blocks the absorption of cholesterol and dietary fats; therefore, it is being used in medicines to cure medical conditions such as high cholesterol, obesity, and Crohn's disease. Chitosan is also directly applied on the gums to alleviate inflammation of gums.

Based on grade, the Europe chitosan market has been segmented into industrial grade, food grade, and pharmaceutical grade. The industrial grade segment dominated the market in 2018. However, the market for food grade chitosan is expected to grow at a rapid pace during forecast period. Offshore crabs and shrimps are basic sources used for the production of industrial-grade chitosan.

This grade is versatile and due to its solubility, high density of positive charges, and reactive free amino groups that make it suitable for industrial applications. The industrial grade chitosan acts as a chelating agent and a heavy metal trapper. Its n-benzyl sulphonate derivatives are used as a sorbent to remove metal ions in acidic medium. The industrial grade polymer is used as a dye deepening agent in the textile industry. Since chitosan is a form of the cationic polymer, it is used as a fixing agent for anionic dyes. Salt-free dyeing is also possible using chitosan with some other additives.

In the agriculture industry, the food grade chitosan is widely used in the agricultural industry in the form of coatings for seed, leaf and fruit. It is also used in the form of vegetable coating as a fertilizer. It is also applied in a controlled agrochemical release to stimulate plants immunity, increase plant yield, and provide protection against microorganisms.

Based on country, the Europe chitosan market is segmented into Germany, the UK, France, Italy, Spain, and Rest of Europe. In 2018, Germany was the major market for chitosan. The production and consumption of chitosan products have consistently risen in the last decade due to growing living standards of consumers driving the demand for functional food and beverages.

The antimicrobial activity and film-forming property of chitosan make it a potential food preservative or coating material that is of natural origin. Chitosan has been declared as an excipient in the pharmaceutical industry and used as a tablet disintegrant; it is also used for direct compression of tablets, production of controlled release solid dosage forms, and improvement of drug dissolution.

Advanced Biopolymers AS, KitoSano S. L., FMC Corporation, Heppe Medical Chitosan GmbH, KitoZyme LLC, and Primex EHF are among the major players operating in the Europe chitosan market.

Key Topics Covered:

1. Introduction

1.1 Scope of the Study

1.2 Report Guidance

1.3 Market Segmentation

1.3.1 Europe Chitosan Market - By Grade

1.3.2 Europe Chitosan Market - By Application

1.3.3 Europe Chitosan Market - By Source

1.3.4 Europe Chitosan Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Chitosan Market Landscape

4.1 Market Overview

4.1.1 Europe PEST Analysis

5. Europe Chitosan Market - Key Industry Dynamics

5.1 Market Drivers

5.1.1 Essential Properties of Chitosan

5.1.2 Importance of Chitosan in the Human Nutrition Industry

5.2 Market Restraints

5.2.1 Side Effects of Chitosan

5.3 Market Opportunities

5.3.1 Increasing awareness of chitosan

5.4 Future Trends

5.4.1 Growing Demand of Chitosan in North America and Europe

5.5 Impact Analysis of Drivers and Restraints

6. Chitosan- Europe Market Analysis

6.1 Europe Chitosan Market Overview

6.2 Europe: Chitosan Market - Revenue, and Forecast to 2027 (US$ Mn)

7. Europe Chitosan Market Analysis - By Grade

7.1 Overview

7.2 Industrial Grade

7.3 Food Grade

7.4 Pharmaceutical Grade

8. Europe Chitosan Market Analysis - By Application

8.1 Overview

8.2 Europe Chitosan Market Breakdown, By Application, 2018 & 2027

8.3 Water Treatment

8.4 Food and Beverages

8.5 Biomedical and Pharmaceuticals

8.6 Cosmetics

8.7 Others

9. Europe Chitosan Market Analysis - By Source

9.1 Overview

9.2 Europe Chitosan Market, By Source (2018 and 2027)

9.3 Shrimp

9.4 Prawns

9.5 Insects

9.6 Crab

9.7 Others

10. Europe Chitosan Market - Country Analysis

10.1 Overview

10.1.1 Europe: Chitosan Market - Revenue and Forecast to 2027(US$ Mn)

10.1.2 Europe: Chitosan Market, by Key Country

11. Impact of COVID-19 Pandemic on Europe Chitosan Market

11.1 Overview

11.2 Europe: Impact Assessment of COVID-19 Pandemic

12. Company Profiles

• Advanced Biopolymers AS
• Kitosano SL
• FMC Corporation
• Heppe Medical Chitosan GmbH
• Kitozyme LLC
• Primex EHF

For more information about this report visit https://www.researchandmarkets.com/r/7d5dm3