Chitin is a large, structural polysaccharide made from chains of modified glucose. Chitin is found in the exoskeletons of insects, the cell walls of fungi, and certain hard structures in invertebrates and fish. In terms of abundance, chitin is second to only cellulose.
This report contains market size and forecasts of Chitin in global, including the following market information:
Global Chitin Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Chitin Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Chitin companies in 2021 (%)
The global Chitin market was valued at 123.9 million in 2021 and is projected to reach US$ 148.1 million by 2028, at a CAGR of 2.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Food Grade Chitin Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Chitin include AgraTech, Primex, Advanced Biopolymers, Kunpoong, Navamedic, Heppe Medical Chitosan, Bannawach Bio-Line, Yangzhou Hongxin and Jining Taihao, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Chitin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Chitin Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Chitin Market Segment Percentages, by Type, 2021 (%)
Food Grade Chitin
Industrial Grade Chitin
Global Chitin Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Chitin Market Segment Percentages, by Application, 2021 (%)
Industrial
Agriculture
Medicine
Global Chitin Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Chitin Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Chitin revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Chitin revenues share in global market, 2021 (%)
Key companies Chitin sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Chitin sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AgraTech
Primex
Advanced Biopolymers
Kunpoong
Navamedic
Heppe Medical Chitosan
Bannawach Bio-Line
Yangzhou Hongxin
Jining Taihao
AOXIN
Jiangsu Shuanglin Marine Biological
Golden-Shell Pharmaceutical
Ningbo Zhenhai Haixin Biological
Fengrun Biochemical
Qingdao Yunzhou Biochemistry