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Chitin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

Chitin is the second-most abundant organic compound in nature and naturally occurs as a fibre?forming polymer that plays a protective role in many lower eukaryotes similar to that of cellulose in plants.

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Chitin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

  1. 1. © Coherent market Insights. All Rights Reserved Chitin Market - -Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025
  2. 2. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION • Chitin is the second-most abundant organic compound in nature and naturally occurs as a fibre forming polymer that plays a protective role in many lower eukaryotes similar to that of cellulose in plants. It is a long chain unbranched polysaccharide consisting of Nacetyl glucosamine residues connected through β?1,4 covalent bonds. Chitin plays an important role in biological structures such as insect peritrophic matrix, fungal cell walls, crustacean cuticles, cyst wall of protozoa and eggshells from nematodes. Owing to the varied characteristics chitin derivatives, such as chito oligosaccharides have many biotechnological applications. Chitin derivatives are also extensively used in areas which include biomedicine, pharmaceutical and food technology and agro biosciences. • The main sources for chitin are cuticles of various crustaceans, mainly shrimps and crabs. Chemical demineralization and deproteinization are generally used methods for chemical extraction of chitin. The chitin which is present in the crabshell enables soil organisms to secrete enzymes called chitinases. Chitanases degrade chitin, which is a constituent of flea egg shells. The occurrence of chitin in the fertilizer turns it into a natural biopesticide, which makes it non-toxic to animals, fish, birds and plants.
  3. 3. © Coherent market Insights. All Rights Reserved GLASS MAT THERMOPLASTIC MARKET Taxonomy • On the basis of product type, the global chitin market is classified into: • α-Chitin • β-chitin • On the basis of end-use industry, the global chitin market is classified into: • Healthcare • Agriculture • Paper and Pulp • Personal care products • Biotechnology • Food and Beverages
  4. 4. © Coherent market Insights. All Rights Reserved Market Segmentation • Chitin is widely used in healthcare industry due to properties such as renewable origin, biocompatibility, non-allergenicity, non-toxicity, and biodegradability in the body Owing to excellent biological activities such as antifungal, anticholesteremic agent, antitumor, antibacterial, antithrombogenic, immunoadjuvant, and bioadhesivity, chitin is widely used as a hydrating agent and absorption promoter. It also used for applications such as film production and wound healing. Chitin is also used as an excipient and drug carrier in gel, film, or powder form for many applications including mucoadhesivity. Request a sample pdf Copy of report@ https://www.coherentmarketinsights.com/insight/request-sample/563
  5. 5. © Coherent market Insights. All Rights Reserved Key Strategies Extensive use in the healthcare industry is fueling the growth of chitin market, especially in Asia Pacific and Middle East regions. Insolubility of chitin is one of the restraining factors in the global chitin market. However, this is chitin is combined with chitosan to avoid these problem without affecting its application. Product innovation and expansion in various geographies is a key strategy adopted by the major players in the chitin market. In January 2015, Kerry Group plc, a global taste and nutrition company, acquired Wellmune from Biothera Inc. Wellmune is a natural food and beverage ingredient which helps to strengthen the immune system. Some of the major companies operating in the global chitin market include Biothera, Navamedic ASA, Kunpoong Bio Co. Ltd., Advanced Biopolymers AS, CarboMer Inc., Heppe Medical Chitosan GmbH, Sonat Co., United Chitotechnologies Inc., Meron Biopolymers, Dalian Xindie Chitin Co. Ltd., QBas Co., TaizhouCandorly Sea Biochemical & Health Products Co. Ltd and PrimexEhf.
  6. 6. © Coherent market Insights. All Rights Reserved Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. ABOUT US ABOUT COHERENT MARKET INSIGHTS SERVICES INDUSTRY ANALYSIS CUSTOMIZED RESEARCH SYNDICATED RESEARCH CONSULT STUDIES MARKET INTELLIGENCE SERVICES COUNTRY SPECIFIC STUDIES
  7. 7. © Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE BIOTECHNOLOG Y CLINICAL DIAGNOSTIC HEALTHCARE IT PHARMACEUTIC AL MEDICAL IMAGING MEDICAL DEVICES Chemicals & Materials Healthcare Bulk Chemicals Advanced Materials Speciality and Fine Chemicals Polymers & Resins Cosmetic Ingredients Food Ingredients Green Chemicals
  8. 8. © Coherent market Insights. All Rights Reserved Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. RESEARCH SOLUTIONS GLOBAL REPORTS FEASIBILITY STUDIES TECHNOLOGY SNIPPETS EXCEL FORECAST DATABASE COMPETITIVE ASSESSMENT SURVEY RESEARCH CUSTOMIZED SOLUTIONS CONSULT PROJECTS COUNTRY ANALYSIS KEY STATS Insights Published Per Year Consulting Projects Till Date Clients Worldwide Per Year Analysts and Contract Consultants 100+ 150+ 125+ 110+ ABOUT COHERENT MARKET INSIGHTS
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