United States Chitosan Market Analysis, 2024-2030

Chitosan is a sugar that is obtained from the hard outer skeleton of shellfish like crab, lobster, and shrimp. It is used for medicine. Chitosan is generally used in cosmetology. It is commonly used to treat obesity, high cholesterol, and Crohn's disease. Chitosan, a deacetylated chitin, is a widely available dietary supplement purported to decrease body weight and serum lipids through gastrointestinal fat binding. Chitosan is widely used in manufacturing cosmetics.

This report is a result of study conducted by the team at Market Krystal based on secondary and primary sources. As per the report, chitosan market size from cosmetic applications was worth USD XXX million in 2015 in the North American area. North American chitosan market will exhibit a CAGR of about XX% over the period of 2016 to 2024.

The growth witnessed in the North American chitosan market is primarily driven by natural antifungal activities of chitosan nanoparticles. A highly purified version of chitosan is used in the manufacture of powerful drugs due to their biocompatibility and non-toxicity. It can be taken in many ways. Sometimes, when taken by mouth, chitosan might cause mild stomach upset, constipation, or gas.

One needs to be aware of the allergy attacks it can cause in chitosan-sensitive people and consuming it during pregnancy may cause complications. These are the reasons why the growth of the market can be hampered. In addition to being used as a cosmetic supplement, the product is extensively used in wastewater treatment plants owing to its the non-toxic nature and biodegradability. Some of the key players include Advanced Biopolymers, FMC Corporation, Golden-Shell Biochemical, G.T.C. Bio Corporation, KitoZyme, Agra Tech, Axio Biosolutions, Heppe Medical Chitosan, Kunpoong Bio, Marshall Marine Products, Meron, Nitta Gelatin India, Panvo Organics, Primex, SRL, TAGROW and TCI Chemicals.

Our Approach

The process begins with the identification of the factors affecting the demand and supply of chitosan in the United States followed by their effects on each segments of the chitosan market. The US chitosan market is segmented based on source, application and geography. Chitosan derived from different sources such as shrimp, crab, squid, and krill were mapped with different applications such as water treatment, food, cosmetics, and pharmaceutical among others across the globe and the findings were analysed in the report. This insights in the report has been collected by conducting interviews with the industry leaders across chitosan industry value chain (Fig-1)

Figure 1 Primary research breakdown

Contents of the report:

• Insight on chitosan industry in the United States.
• Estimation of the present chitosan market size in terms of value and volume in the United States.
• Market bifurcation of the chitosan market in the United States.
• Market size forecast for each segment of the United States chitosan market.

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