Global chitin fertilizer market, 2013-2023

Global chitin fertilizer market, 2013-2023

Chitin and its derivatives are naturally occurring polymers and furnish an ecofriendly solution to a wide variety of applications including biomedical, water treatment, fertilizers, pharmaceuticals, and pesticides. Chitin is the world’s second largest biopolymer after cellulose and is used in major end-user industries such as food & beverages, agrochemicals, personal care, biomedicine, and others. Chitin shares numerous biochemical similarities with plant cellulose. It is a neutrally charged and long-chained linear polymeric polysaccharide and is widely used in the construction of physical and mechanical barriers to achieve structural stability.

The global chitin fertilizer market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global chitin fertilizer market is growing at a fast pace and increasing its geographical footprint rapidly. The global chitin fertilizer market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.

Excellent characteristic properties such as biocompatibility, nontoxicity, and biodegradability make chitosan ideal for making biomedical products, artificial organs, and implants. In addition, rise in number of lifestyle diseases coupled with increase in adoption of chitin in the major end-user industries such as textile, personal care, and healthcare are anticipated to fuel the growth of the global market during the forecast period. Moreover, abundance of raw materials coupled with emerging applications from distinct end-use industries are some other key elements anticipated to fuel the market of the market.

However, high production cost coupled with product inconsistency due to regional, seasonal, and chemical alterations hinder the market growth.

The chitin fertilizer market has remarkable usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and Latin America. This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the chitin fertilizer market. It consists of the profiles of leading companies such as Advanced Biopolymers AS ,Heppe Medical Chitosan GmbH , G.T.C. Bio Corporation Primexehf, Kitozyme S.A. Novamatrix , Agratech International, Inc. , Golden-Shell Pharmaceutical Co. Ltd.

Research Methodology

The research process includes the market segmentation of the global chitin fertilizer market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

Insights on the global chitin fertilizer industry dynamics
Estimation of the present global chitin fertilizer market size in terms of value and volume
Global chitin fertilizer market breakup based on type and application
Substantiated global chitin fertilizer market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of global chitin fertilizer industry value chain