Europe Chitosan Market to 2027- Covid-19 Impact and Regional Analysis by Grade (Industrial Grade, Food Grade and Pharmaceutical Grade); Application (Water Treatment, Food and Beverages, Biomedical and Pharmaceuticals, Cosmetics, Others); Source (Shrimp, Pawns, Insects, Crab and Others), and Country
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. Chitosan is a rich fiber source and is increasingly being incorporated into dietary supplements for promoting weight loss asit 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.
In 2018, Germany contributed to the largest share of the Europe chitosan market. The market in Europe is witnessing growth on the back of the presence of well-established players. With the rise in health consciousness among the consumers in the region, the demand for food and beverages containing natural ingredients is expected to continue to grow during the forecast period. Owing to higher purchasing power of the consumers and rising preference for nutritional products, the popularity of the chitosan-enriched food products has increased in Germany, France, and the UK, among other European countries.
Effect of COVID-19 on Europe Chitosan Market
In December 2019, Wuhan (China) reported the emergence of COVID-19 outbreak, and since then, it has spread at a fast pace worldwide. As of March 2020, China, India, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms confirmed cases and reported deaths. The pandemic has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The closedown of various industries, including chemicals and materials industry, and the disruptions in supply chains due to lockdowns have created a strain on the supplies of chemicals and materials. Europe has faced huge economic losses due to covid-19 outbreak. The impact would worsen depending upon the spread of the virus. Italy, Spain, Russia, France, and the UK have been badly hit by the pandemic. Europe is likely face severe losses in revenue from various industries. Other European Union member states have closed their borders and adopted different drastic measures, including travel restrictions, which, in turn, is anticipated to restrain in the market growth in this region in the coming financial quarters.
Europe Chitosan Market
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Market Insights
Essential Properties of Chitosan
Chitosan is a natural polymer extracted from the outer skeletons or shells of shrimps, crabs, and lobsters. It is recognized as a versatile biomaterial as it is nontoxic, less allergenic, biodegradable, and biocompatible substance. Owing to these properties, it is used in a wide range of applications such as food & beverages, water treatment, medical and pharmaceuticals, cosmetics, and agrochemicals. Due to its adsorption abilities, chitosan can be used in water treatment applications to separate metals, iron, toxic substances, and other impurities from the wastewater through the adsorption process. The application of chitosan for water treatment is not only effective but also economical and environmentally friendly. Its antimicrobial activity, bioactivity, and anti-oxidative activity make it beneficial in several medical and pharmaceutical applications. The polymer is being used in a wide range of hair products, such as shampoos, hair colorants, rinses, hair sprays, hair tonics, permanent wave agents, and styling lotions.
Grade-Based Insights
Based on grade, the Europe chitosan market is segmented into industrial grade, food grade, and pharmaceutical grade. The industrial grade segment accounted for the largest share of the market in 2018; however, the market for the food grade segment is expected to grow at the highest CAGR during the 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. Chitosan also gathers attention as a potential natural food preservative owing to its superior antimicrobial activities against a wide variety of food-borne filamentous yeast, fungi, and bacteria. The properties such as good bioavailability, low toxicity, and average molecular weight of polymer make it suitable for pharmaceutical formulations.
Europe Chitosan Market, by Grade – 2018 and 2027
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Application-Based Market Insights
Based on application, theEuropechitosanmarket is segmented into water treatment, food and beverages, biomedical and pharmaceuticals, cosmetics, and others. In 2018, the water treatment segment dominated market; whereas, the food and beverages segment is expected register the highest CAGR during 2019–2027.Chitosan and its composites possess biosorbent ability against common pollutants in wastewater ssuch as heavy ions, pesticides, suspended solids, turbidity, and fatty or oil impurities. The adsorption property of chitosan can be increased with the help of chemical modifications leading to the formation of grafting chitosan, chitosan derivatives, and chitosan composites. The antibacterial, antioxidant, and biological activities of chitosan, along with safety in terms of human consumption, support the application of chitosan in the food industry. Natural polymers possess high bioactivity and biocompatibility and are readily accepted by the human body. Chitosan possesses unique biological and technological properties, which leads to high demand for the same in the cosmetics industry. It is used as a skin, hair care ingredient; it is also used in oral hygiene products. The other applications of chitosan include oral healthcare, supplements, and insecticides.
Source-Based Market Insights
Based on source, the Europe chitosan market is segmented into shrimps, prawns, insects, crabs, and others. In 2018, the shrimps segment dominated the market, whereas the crabs segment is expected to register the highest CAGR during 2019–2027. Chitosan has natural existence in the shells of prawns, crabs, lobsters, shrimps, and many other organisms such as insects and fungi. It is mainly obtained from shrimps, particularly the pacific shrimps. Chitosan extracted from shrimps has been demonstrated to possess antimicrobial effect against some gut pathogenic organisms. It is a useful polymer that ends up forming structural components in the exoskeleton of prawns. Chitosan can also be produced from the waste crab shells. The process starts with the cleaning and drying of the shells. The dried shells are then crushed and mashed to get the outcome in powdered form.
Strategic Insights
Product development, merger and acquisition, and business planning are the commonly adopted strategies by companies to expand their product portfolios. KitoSano S.L, KitoZyme LLC, and Primex EHF are among the Europe chitosan market players implementing these strategies to enlarge the customer base and gain significant share in the regional, as well as global, market, which, in turn, permits them maintain the brand name in these markets.
Report Spotlights
- Progressive industry trends in the Europe chitosan market that help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Europe chitosan market from 2017 to 2027
- Estimation of Europe chitosan demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the market competition in Europe
- Market trends and outlook, and factors driving and restraining the growth of the Europe chitosan market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the market growth
- Europe chitosan market size at various nodes of market
- Detailed overview and segmentation of the Europe chitosan market, as well as dynamics in the industry
- Europe chitosan market size in various countries with promising growth opportunities in these countries
Europe Chitosan Market – By Grade
- Industrial Grade
- Food Grade
- Pharmaceutical Grade
Europe Chitosan Market – By Application
- Water Treatment
- Food and Beverages
- Biomedical and Pharmaceuticals
- Cosmetics
- Others
Europe Chitosan Market- By Source
- Shrimp
- Prawns
- Insects
- Crab
- Others
Company Profiles
- Advanced Biopolymers AS.
- KitoSano S.L.
- FMC Corporation
- Heppe Medical Chitosan GmbH
- KitoZymeLLC
- Primex EHF
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research 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
7.2.1 Overview
7.2.2 Industrial Grade: Europe Chitosan Market, Revenue Forecast to 2027 (US$ Mn)
7.3 Food Grade
7.3.1 Overview
7.3.2 Food Grade: Europe Chitosan Market, Revenue and Forecast to 2027 (US$ Mn)
7.4 Pharmaceutical Grade
7.4.1 Overview
7.4.2 Pharmaceutical Grade: Europe Chitosan Market, Revenue and Forecast to 2027 (US$ Mn)
8. Europe Chitosan Market Analysis – By Application
8.1 Overview
8.2 Europe Chitosan Market Breakdown, By Application, 2018 & 2027
8.3 Water Treatment
8.3.1 Overview
8.3.2 Water Treatment: Europe Chitosan Market, Revenue Forecast to 2027 (US$ Mn)
8.4 Food and Beverages
8.4.1 Overview
8.4.2 Food and Beverages: Europe Chitosan Market, Revenue and Forecast to 2027 (US$ Mn)
8.5 Biomedical and Pharmaceuticals
8.5.1 Overview
8.5.2 Biomedical and Pharmaceuticals: Europe Chitosan Market, Revenue and Forecast to 2027 (US$ Mn)
8.6 Cosmetics
8.6.1 Overview
8.6.2 Cosmetics: Europe Chitosan Market, Revenue and Forecast to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Europe Chitosan Market, Revenue and Forecast to 2027 (US$ Mn)
9. Europe Chitosan Market Analysis – By Source
9.1 Overview
9.2 Europe Chitosan Market, By Source (2018 and 2027)
9.3 Shrimp
9.3.1 Overview
9.3.2 Shrimp: Europe Chitosan Market Revenue and Forecast, to 2027 (US$ Mn)
9.4 Prawns
9.4.1 Overview
9.4.2 Prawns: Europe Chitosan Market Revenue and Forecast, to 2027 (US$ Mn)
9.5 Insects
9.5.1 Overview
9.5.2 Insects: Europe Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
9.6 Crab
9.6.1 Overview
9.6.2 Crab: Europe Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Europe Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
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
10.1.2.1 Germany: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.2.1.1 Germany: Chitosan Market, by Grade
10.1.2.1.2 Germany: Chitosan Market, by Application
10.1.2.1.3 Germany: Chitosan Market, by Source
10.1.2.2 France: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.2.2.1 France: Chitosan Market, by Grade
10.1.2.2.2 France: Chitosan Market, by Application
10.1.2.2.3 France: Chitosan Market, by Source
10.1.2.3 Italy: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.2.3.1 Italy: Chitosan Market, by Grade
10.1.2.3.2 Italy: Chitosan Market, by Application
10.1.2.3.3 Italy: Chitosan Market, by Source
10.1.2.4 UK: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.2.4.1 UK: Chitosan Market, by Grade
10.1.2.4.2 UK: Chitosan Market, by Application
10.1.2.4.3 UK: Chitosan Market, by Source
10.1.2.5 Spain: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.2.5.1 Spain: Chitosan Market, by Grade
10.1.2.5.2 Spain: Chitosan Market, by Application
10.1.2.5.3 Spain: Chitosan Market, by Source
10.1.2.6 Rest of Europe: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.2.6.1 Rest of Europe: Chitosan Market, by Grade
10.1.2.6.2 Rest of Europe: Chitosan Market, by Application
10.1.2.6.3 Rest of Europe: Chitosan Market, by Source
11. Impact of COVID-19 Pandemic on EuropeChitosan Market
11.1 Overview
11.2 Europe: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 Advanced Biopolymers AS
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 KitoSano S.L.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 FMC Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Heppe Medical Chitosan GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Kitozyme, LLC.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Primex EHF
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Europe Chitosan Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Germany Chitosan Market, by Grade – Revenue and Forecast to 2027 (USD Mn)
Table 3. Germany Chitosan Market, by Application– Revenue and Forecast to 2027 (USD Mn)
Table 4. Germany Chitosan Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 5. France Chitosan Market, by Grade – Revenue and Forecast to 2027 (USD Mn)
Table 6. France Chitosan Market, by Application– Revenue and Forecast to 2027 (USD Mn)
Table 7. France Chitosan Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 8. Italy Chitosan Market, by Grade – Revenue and Forecast to 2027 (USD Mn)
Table 9. Italy Chitosan Market, by Application– Revenue and Forecast to 2027 (USD Mn)
Table 10. Italy Chitosan Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 11. UK Chitosan Market, by Grade – Revenue and Forecast to 2027 (USD Mn)
Table 12. UK Chitosan Market, by Application– Revenue and Forecast to 2027 (USD Mn)
Table 13. UK Chitosan Market, by Source– Revenue and Forecast to 2027 (USD Mn)9
Table 14. Spain Chitosan Market, by Grade – Revenue and Forecast to 2027 (USD Mn)
Table 15. Spain Chitosan Market, by Application– Revenue and Forecast to 2027 (USD Mn)
Table 16. Spain Chitosan Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 17. Rest of Europe Chitosan Market, by Grade – Revenue and Forecast to 2027 (USD Mn)
Table 18. Rest of Europe Chitosan Market, by Application– Revenue and Forecast to 2027 (USD Mn)
Table 19. Rest of Europe Chitosan Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 20. Glossary of Terms,EuropeChitosan Market
LIST OF FIGURES
Figure 1. Europe Chitosan Market Segmentations
Figure 2. Europe Chitosan Market Segmentation – By Country
Figure 3. Europe Chitosan Market Overview
Figure 4. The Industrial Grade Segment Held Largest Share of Europe Chitosan Market By Grade
Figure 5. Germany Held Largest Share of Europe Chitosan Market
Figure 6. Europe Chitosan Market, Industry Landscape
Figure 7. Europe– Pest Analysis
Figure 8. Europe Chitosan Market Impact Analysis of Driver And Restraints
Figure 9. Europe Chitosan Market Forecast and Analysis, (US$ Mn)
Figure 10. Europe: Chitosan Market Revenue Share, by Grade (2018 and 2027)
Figure 11. Industrial Grade: Europe Chitosan Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 12. Food Grade: Europe Chitosan Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 13. Pharmaceutical Grade: Europe Chitosan Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 14. Europe Chitosan Market Revenue Share, by Application (2018 and 2027)
Figure 15. Water Treatment: Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 16. Food and Beverages: Europe Chitosan Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 17. Biomedical and Pharmaceuticals: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 18. Cosmetics: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Others: Europe Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Chitosan Market Revenue Share, by Source (2018 and 2027)
Figure 21. Shrimp: Europe Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 22. Prawns: Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 23. Insects: Europe Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 24. Crab: Europe Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 25. Others: Europe Chitosan Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 26. Europe: Chitosan Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Europe: Chitosan Market Revenue Share, by Key Country (2018 and 2027)
Figure 28. Germany: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 29. France: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Italy: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 31. UK: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Spain: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Rest of Europe: Chitosan Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 34. Impact of COVID-19 Pandemic In Europe Country Markets
The List of Companies - Europe Chitosan Market
- Advanced Biopolymers AS
- Kitosano SL
- FMC Corporation
- Heppe Medical Chitosan GmbH
- Kitozyme LLC
- Primex EHF
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe Chitosan market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.