Global Chitin
Market Report
2025
The Global chitin market size is USD 48.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global chitin market size is USD 48.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Chitin Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 6.5% |
North America Chitin Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 11% |
Europe Chitin Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 11.5% |
Asia Pacific Chitin Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 14% |
South America Chitin Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 12.5% |
Middle East Chitin Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 12.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Source |
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Market Split by Production Method |
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Market Split by Derivative |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Chitin industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Chitin Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The rising demand for chitosan from a wide range of end-use industries, including agriculture, industry, and medicine, is driving the expansion of the worldwide chitin market. The global chitin market is expected to be driven by the increasing demand for chitin in the textile, building and construction, packaging materials, work and protective gear, and civil engineering industries during the next decade. The increasing need for biodegradable composites made from natural fibers across many markets is also a key factor. Furthermore, due to its many nanotechnology uses, chitin is anticipated to be widely used in polymer scaffold production. When encapsulating protein payloads, it is also used. The global market might benefit from more R&D efforts focused on cargo-release features, leading to faster growth worldwide over the next few years.
(Source:www.echemi.com/cms/1496202.html)
The biotech and pharmaceutical industries find several uses for chitin, such as in tissue engineering and wound healing. Rising interest in healthcare and technological developments in this area have boosted chitin demand. Chitin's importance in the biotechnology and healthcare industries is fueled by its utilization in several biomedical applications, including scaffolds for transplantation and drug delivery systems, which is growing in the market throughout the forecast period.
For instance, in November 2023, Hive Energy developed a process to convert clam waste into chitosan, a revolutionary step forward. Biomedicine, cosmetics, agriculture, and industry are just a few of the many possible applications for this biopolymer, which is fully biodegradable (100%).
The global chitin business is experiencing growth due to the rising consciousness of the need to protect the environment. It's a natural polymer, and chitin is a good fit for this trend and has several eco-friendly uses. As a biofertilizer and biopesticide, chitin has further uses in farming. Increased usage in agriculture has contributed to the growth of the Chitin market, owing to its eco-friendly nature and efficiency in crop protection.
For instance, in November 2022, Cruz Foam said that $18 million had been invested in their chitin-based packaging. With this funding, the company will research and develop compostable and naturally occurring alternatives to traditional packaging to meet the rising demand for eco-friendly products.
(Source:www.cruzfoam.com/)
The extraction and purifying processes make chitin a costly commodity. Because of the potential impact on their total cost-effectiveness, this could render chitin-based items less competitive in some markets. Businesses and consumers need to be made aware of chitin's benefits and uses so the market for the chemical might hinder the market growth. Educational and promotional campaigns may be necessary to increase awareness of chitin and its benefits.
Due to lockdowns, production and distribution of chitin were impacted by the pandemic's disruption of global supply systems. Consumers' habits and tastes shifted as a result of the pandemic. The demand for chitin in industries like healthcare and pharmaceuticals could be affected by the rising demand for other products in these sectors. Investment decisions influenced by economic downturns and concerns during the pandemic may have impacted chitin's market growth.
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Market leaders in the chitin industry are concentrating on expanding existing product lines, and Global and local packing companies control a lot of the market. These businesses focus on hard, flexible choices that benefit the environment. Innovative materials and methods for packaging give companies an edge over their competitors. Several important participants and an increasing focus on R&D to investigate potential new uses and extraction techniques.
(Source:www.echemi.com/cms/1524957.html)
(Source:www.gmp-chitosan.com/en/news.html?start=4)
Top Companies Market Share in Chitin Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, Asia Pacific dominated the market in 2023 because of the rising demand for food goods among customers and their fast industrialization. Expansion in the area is also anticipated to be driven by the increasing demand from various end-use sectors, such as agricultural chemicals, medicines & medications, beauty & personal care goods, etc. Additionally, government efforts to improve the environment-friendly chitin diet will likely contribute to market growth during the forecast period.
Middle East and Africa are the fastest-growing categories in the region because the increase in innovation in sustainable packaging has led to the creation of new and improved chitin packaging. The demand for packaging solutions based on chitin is partly driven by the region's vast and varied food industry. The rising demand for chitin in this region has led to a developing comprehension of the importance of using ecologically sustainable and sustainable materials in personal care products and cosmetics because of the moisturizing and conditioning effects, all contributing to the need for chitin in the Middle East and Africa.
The current report Scope analyzes Chitin Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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According to Cognitive Market Research, North America held a considerable market share in 2023, accounting for more than 35% of global revenue, and will expand with a CAGR of 11.00% from 2023 to 2030. The market for chitin has grown because more online companies and innovators are coming up with new ideas. The need for innovative materials is rising because many emerging markets embrace new technology, also helping the market grow in the region. According to Cognitive Market Research, the chitosan sector is a significant driver because of its hemostatic characteristics and biocompatibility. Chitosan is used in wound dressings and tissue engineering. Wound healing and tissue regeneration can both be aided by chitosan, which boosts the market in this segment. In conclusion, the North American chitin market thrives due to a quick uptake of new technologies. Market expansion is propelled by the increased accessibility of chitin for commercial applications, made possible by improved extraction technologies, which are continuously growing in the coming years.
According to Cognitive Market Research, Europe held a considerable market share in 2023, accounting for more than 30% of global revenue, and will expand with a CAGR of 11.5% from 2023 to 2030 due to the chitin market is positively affected by regulations and guidelines that encourage the use of sustainable and bio-based products in different industries is expected to drive growth in the European chitin industry. According to Cognitive Market Research, extraction is a significant product type segment because extraction processes have been improved, leading to more cost-effective production. Because of improved extraction methods, chitin is now more economically feasible for various products and services. In conclusion, the European chitin market, which covers emerging nations like Germany, France, Italy, Spain, Russia, and the rest of Europe, is anticipated to expand rapidly during the projected period.
According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 26% of global revenue, and will expand with a CAGR of 14.00% from 2023 to 2030. Chitin-based products are in high demand in this region due to their extensive use in agriculture, the emphasis on sustainable and organic agriculture techniques, and the widespread use of eco-friendly packaging materials. According to Cognitive Market Research, it is predicted that the food-grade chitin category will have the most rapid expansion in Asia-Pacific in the next years because chitin helps foods retain more water by increasing their water-holding capacity. This is ideal for uses like preparing meat to make it more juicy and tender. In conclusion, improvements in chitin extraction techniques, new product developments, and related fields are all results of continuous R&D in nations like South Korea, China, and Japan, which have contributed to the industry's growth over the forecast period.
According to Cognitive Market Research, Latin America held a considerable market share in 2023, accounting for more than 5.00% of global revenue, and will expand with a CAGR of 12.5% from 2023 to 2030 due to expanding chitin and chitosan's research and development into pharmaceutical and biological uses. Tissue engineering, medication delivery systems, and wound healing all use these materials. The region's developing healthcare industry has fueled the need for chitin in numerous medical applications. According to Cognitive Market Research, the Latin American market is expected to increase in the following years because the accessibility of shrimp shells has prompted studies and advancements in chitin extraction techniques, resulting in the chitin industry's ongoing progress towards greater efficiency and sustainability, improving overall market shrimp category growth and contributing to the market growth in this region. In conclusion, the Latin American chitin market exhibits steady growth because of the constant stream of R&D efforts to discover new uses and characteristics of protein expansion over the coming years.
According to Cognitive Market Research, the Middle East and Africa held a considerable market share in 2023, accounting for more than 4.00% of global revenue, and will expand with a CAGR of 12.6% from 2023 to 2030 due to the rapid industrialization and subsequent increase in consumer demand for food products. Growth in the region is expected to be propelled by rising demand for pharmaceuticals and medicines. According to Cognitive Market Research, the medicine segment has grown because medical industries are driven by its usage in biomedical applications, such as drug delivery systems and scaffolds for tissue engineering. In conclusion, the MEA chitin market exhibits growth potential due to increased collaboration with other biomedical and pharmaceutical industries, improvements to the market, and new tendencies in this region.
Global Chitin Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Chitin Industry growth. Chitin market has been segmented with the help of its Type, Application Source, and others. Chitin market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, food-grade chitin held the major market share over the forecast period because a biodegradable natural polymer, chitin, is an excellent choice. One way to reduce the environmental impact of packaging materials is by using food-grade chitin instead of synthetic equivalents. This gives sustainability aims, which fuels the market growth.
Industrial-grade chitin packaging is the fastest-growing category over the forecast period because greater sustainability in waste management is achieved through the utilization of chitin derived from waste sources, such as by-products of seafood processing. As a result, it can recycle trash into something useful for many different kinds of industries.
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According to Cognitive Market Research, medicine holds a prominent market share because wound dressings, chitin-based drug delivery devices, and tissue engineering are some of the medicinal applications of chitin. Its biocompatibility and other qualities render it appropriate for various medical uses, which also helps boost its popularity.
Agriculture is the fastest-growing category over the forecast period, as soil conditioning, bio-pesticide, and increased plant disease resistance are all potential agricultural uses for chitin and its metabolites. These applications help make farming more sustainable and less environmentally harmful, contributing to the market's growth.
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According to Cognitive Market Research, the shrimp category holds a prominent market share because using shrimp shells to extract chitin helps the seafood business practice sustainability by repurposing an otherwise wasted resource. The environmental impact of processing seafood is reduced, that coincides with the principles of the circular economy.
Fungi are the fastest-growing category over the forecast period, as they offer a sustainable and alternate raw material for chitin extraction due to their high chitin content. Chitin is found in fungi's mycelium and cell walls. In fact, some fungal strains can be grown to produce chitin, contributing to the market's overall growth.
According to Cognitive Market Research, extraction holds a prominent market share because production has become more affordable because of advancements in chitin extraction technologies. With more efficient extraction methods, chitin has become an increasingly attractive ingredient for many products and uses.
Fermentation is the fastest-growing category over the forecast period because maximizing the generation of chitin-rich fungal biomass is possible by fermentation, which permits exact control over growing conditions. And because fermentation technologies are usually scalable, chitin can be mass-produced commercially to satisfy demand.
According to Cognitive Market Research, chitosan holds a prominent market share because it is an excellent material for tissue engineering and wound dressings due to its biocompatibility and hemostatic characteristics. When applied to wounds, chitosan speeds up the healing process and encourages new tissue growth, contributing to their rising stardom.
Glucosamine is the fastest-growing category over the forecast period, as Glucosamine is found in the digestive system mucosa. Although studies are still in their early stages, some have looked into its possible function in promoting digestive health, aiding in expanding the market.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Chitin Market is witnessing significant growth in the near future.
In 2023, the Food Grade Chitin segment accounted for noticeable share of global Chitin Market and is projected to experience significant growth in the near future.
The Agriculture segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies AgraTech , Advanced Biopolymers and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Food Grade Chitin, Industrial Grade Chitin |
Application | Agriculture, Industrial, Medicine, Food & Beverages, Cosmetics, Water Treatment, Others |
Source | Shrimp, Crab, Krill, Lobster, Fungi, Insects |
Production Method | Extraction, Fermentation |
Derivative | Chitosan, Glucosamine, Others |
List of Competitors | AgraTech, Primex, Advanced Biopolymers, Kunpoong, Navamedic, Heppe Medical Chitosan, Bannawach Bio-Line, Hubei Huashan, Jiangsu Shuanglin Marine Biological, Golden-Shell Pharmaceutical, Zhejiang New Fuda Ocean Biotech, Weifang Haizhiyuan Biological, Ningbo ZhenhaiHaixin Biological, Fengrun Biochemical, Qingdao Yunzhou Biochemistry |
This chapter will help you gain GLOBAL Market Analysis of Chitin. Further deep in this chapter, you will be able to review Global Chitin Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Chitin. Further deep in this chapter, you will be able to review North America Chitin Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Chitin. Further deep in this chapter, you will be able to review Europe Chitin Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Chitin. Further deep in this chapter, you will be able to review Asia Pacific Chitin Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Chitin. Further deep in this chapter, you will be able to review South America Chitin Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Chitin. Further deep in this chapter, you will be able to review Middle East Chitin Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Chitin. Further deep in this chapter, you will be able to review Middle East Chitin Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Chitin. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Source Analysis 2021 - 2033
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Chapter 13 Market Split by Production Method Analysis 2021 - 2033
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Chapter 14 Market Split by Derivative Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Chitin market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Food Grade Chitin have a significant impact on Chitin market? |
What are the key factors affecting the Food Grade Chitin and Industrial Grade Chitin of Chitin Market? |
What is the CAGR/Growth Rate of Agriculture during the forecast period? |
By type, which segment accounted for largest share of the global Chitin Market? |
Which region is expected to dominate the global Chitin Market within the forecast period? |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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