Biochitin Market is expected to reach 63 million USD by 2025 – QY Research

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This report researches the worldwide Biochitin market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.

This study categorizes the global Biochitin breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Biochitin and its derivatives—as a potential resource as well as multiple functional substrates—have generated attractive interest in various fields such as biomedical, pharmaceutical, food and environmental industries, since the first isolation of Biochitin in 1811. Moreover, chitosan and its chitooligosaccharides (COS) are degraded products of Biochitin through enzymatic and acidic hydrolysis processes; and COS, in particular, is well suited for potential biological application, due to the biocompatibility and nontoxic nature of chitosan. In this review, we investigate the current bioactivities of Biochitin derivatives, which are all correlated with their biomedical properties. Several new and cutting edge insights here may provide a molecular basis for the mechanism of Biochitin, and hence may aid its use for medical and pharmaceutical applications.

The Biochitin industry was 43 million USD in 2017 and is projected to reach USD 63 million USD by 2024, at a CAGR (Compounded Annual Growth Rate) of 4.9% between 2017 and 2024. The market is driven by various end-user industries, such as Agriculture, Industrial, Medicine.

Chitin is obtained from shrimp, crab and lobster waste. Insect chitin, a by-product from animal feed production, is a new source for chitin. Adult insects are used for reproduction and the larvae are used as a protein source for animal feed. The leftover insect and cocoon bodies are used as a chitin source. This chitin is used in the textile industry, building & construction, packaging materials, clothing for work and protection, civil engineering, etc., which is expected to boost the growth of chitin during the forecast period.

The worldwide changes in the Biochitin industry are making it more difficult to advise Biochitin shoppers. For many years, the paradigm for Biochitin quality has been an international peck-ing order: Biochitins from Russia, China, and Indonesia at the bottom; followed by Korea, Japan, and Eastern Europe; and, finally, Western Europe at the top, with Biochitins from the U.S. scattered here and there, depending on the brand. This pecking order has never been foolproof, but it has served a generation of Biochitin buyers well enough as a rule of thumb.

This report focuses on the top manufacturers’ Biochitin capacity, production, value, price and market share of Biochitin in global market. The following manufacturers are covered in this report:

AgraTech

Primex

Advanced Biopolymers

Kunpoong

Hubei Huashan

Jiangsu Shuanglin Marine Biological

Golden-Shell Pharmaceutical

Zhejiang New Fuda Ocean Biotech

 

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Biochitin Breakdown Data by Type

Food Grade Biochitin

Industrial Grade Biochitin

Biochitin Breakdown Data by Application

Agriculture

Industrial

Medicine

Other

 

Biochitin Production Breakdown Data by Region

United States

Europe

China

Japan

Other Regions

 

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