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Global and United States Chitin Market Report & Forecast 2022-2028

SKU ID : QYR-20988005 | Publishing Date : 27-May-2022 | No. of pages : 116

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.
Market Analysis and Insights: Global and United States Chitin Market
This report focuses on global and United States Chitin market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Chitin market size is estimated to be worth US$ 123.9 million in 2022 and is forecast to a readjusted size of US$ 145.4 million by 2028 with a CAGR of 2.7% during the review period. Fully considering the economic change by this health crisis, by Type, Food Grade Chitin accounting for % of the Chitin global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Industrial was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Global key players of Chitin include Jiangsu Shuanglin Marine Biological, AOXIN, Jining Taihao, Golden-Shell Pharmaceutical and Fengrun Biochemical, etc. Top three players occupy for a share about 24%. Asia Pacific is the largest market, with a share about 58%, followed by Europe and North America. In terms of product, Industrial Grade is the largest segment, with a share over 65%. In terms of application, Industrial is the largest market, with a share over 61%.
Global Chitin Scope and Market Size
Chitin market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Chitin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Chitin market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type

Food Grade Chitin
Industrial Grade Chitin

Segment by Application

Industrial
Agriculture
Medicine

By Region

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company

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

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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