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 Europechitosan 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, 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.
The overall size of the Europe chitosan market has been derived in accordance with both primary and secondary source. To begin the research process,exhaustive secondary research has been conductedusing internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have beenconducted with industry participants and commentators to validate data, as well as to gain more analytical insights into the topic. The participants who typically take part in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along withexternal consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europechitosan market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 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
1. Advanced Biopolymers AS
2. Kitosano SL
3. FMC Corporation
4. Heppe Medical Chitosan GmbH
5. Kitozyme LLC
6. Primex EHF