We are monitoring the impact of COVID-19 on North America Chitosan Market Get in touch with us for detailed analysis Know More
Pulished Date April, 2021
ID: 10257
Share on
Share on

North America Chitosan Market segmentation by Grade (Industrial, Food, and Pharmaceutical), Application (Water Treatment, Food & Beverages, Cosmetics, Medical & Pharmaceuticals, and Agrochemicals), and Region – Forecast to 2026

Pulished: April, 2021
ID: 10257
Pages: 140

North America Chitosan Market accounted for a prominent revenue share in the worldwide chitosan market. It is expected to grow at a CAGR of 12% in the outlook period between 2021and 2026.

Recent Developments in the North America Chitosan INdustry:

  • In February 2019, Thermo Fisher Scientific reached an agreement with BioNTech a German company, under the terms that BioNTech's messenger RNA (mRNA) manufacturing platform will be supported by Thermo Fisher through the supply of nucleotides, enzymes, and other critical raw materials

  • Danaher acquired IDT expanded its courier zones of free next-day delivery service to scientists based in the following cities: Cambridge, Oxford, and London. This service expansion will help IDT to increase its customer base, and also enable the starting and ending of a project sooner.

Drivers and Restraints of North America Chitosan Market

Chitosan is a kind of amino polysaccharide polymer that is made industrially from the shells of seafood like shrimps, crab, lobster, and crayfish. The raw material for the product has different chitosan content hence play an important role in commercial manufacturing. Shrimp is considered to be the major source for chitosan since it contains about 24% to 45% chitin, whereas the crab shell contains approximately 17% to 20%. Therefore, ease of availability of the raw material for the chitosan market is one of the strongest contributing factors towards its growth.

Rising product demand from the cosmetics industry, on top of that, increasing scope of product application in waste-water treatment is also anticipated to boost the market growth. Additionally, the elimination of stringent regulations and norms that restricted the establishment of new manufacturing units by the Government of Mexico has resulted in the development of new and large-scale pharmaceutical manufacturing facilities in the Mexican region.

The major business players in the chitosan market invest in cost-effective and use safer production methodologies. Therefore, there is a lack of drive towards increasing investments and research. This is one of the factors that can hinder the growth of the chitosan market in the North American area.

Impact of COVID-19 on the North American Chitosan Market

North America, especially the USA is the hotspot for the COVID-19 virus with infection rates surging every week. Amidst this, the economies have contracted by 25% and it has an adverse effect on every sector. However, the Chitosan market saw an increase in demand during this period as clinical trials for vaccines were going on, and the search for the foolproof vaccine was on full swing. The packaging sector flourished during this period and chitosan acting as an antimicrobial was in high demand from these packaging sectors. A lot of investments are being made towards the pharmaceutical and healthcare sectors which is likely to boost the growth of the Chitosan market.

North America Chitosan market has been segmented into the following categories:

On the basis of Application

  • Water Treatment
  • Medical & Pharmaceutical
  • Biomedical
  • Agrochemicals
  • Food and Beverage

On the basis of Grade

  • Industrial
  • Food
  • Pharmaceutical

Water treatment is the biggest application segment when it comes to the chitosan market.

The industrial, commercial and municipal waste treatment has become one of the major causes of concerns with respect to the stringent environmental regulations that have been imposing on various industries. In the packaging sector, chitosan is being used as antimicrobial agents in food processing. It offers freshness and prevents fungal infections. This is also growing at a high pace in the market and the demand is increasing.

North America Chitosan Market Regional Analysis :

The United States is expected to be the leader of the market in the North America region owing to its increasing investments and rising funds dedicated to the manufacturing companies as well as academic and research institutes for the research and development of gene synthesis based end products that include precision medicine and other therapeutics.

North American region is the second-largest market for the chitosan in the world.  This is major because of the strong existing economy that invests a lot in the pharmaceutical sector as well as the healthcare sector.

There are several major players that are asserting their dominance in the Chitosan Market in recent years, some of the big names in North America are:

  1. GTC bio corporations
  2. PT biotech Surindo
  3. Golden Shell pharmaceutical co.
  4. Panvo Organics pvt.
  5. Meron Biopolymers

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 sources                        

                                5.1.1 Introduction           

                                5.1.2 shrimp shells          

                                5.1.3 crabs          

                                5.1.4 squid and krill         

                                5.1.5 Y-o-Y Growth Analysis, By sources

                                5.1.6 Market Attractiveness Analysis, By sources              

                                5.1.7 Market Share Analysis, By sources               

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 agrochemicals        

                                5.2.3 cosmetics

                                5.2.4 others       

                                5.2.5 Y-o-Y Growth Analysis, By Application         

                                5.2.6 Market Attractiveness Analysis, By Application       

                                5.2.7 Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By sources

                                                6.1.3.3 By Application

                                                6.1.3.4 By Indication

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By sources

                                                6.1.4.3 By Application

                                                6.1.4.4 By Indication

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By sources

                                                6.1.5.3 By Application

                                                6.1.5.4 By Indication

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 GmbH                       

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Qingdao Yunzhou Biochemistry Co                   

                8.3 Panvo Organics Pvt Ltd                          

                8.4 Advanced Biopolymers AS                   

                8.5 Meron Biopolymers                

                8.6 Biophrame Technologies, Inc.                            

                8.7  United Chitotechnologies                   

                8.8 Heppe Medical Chitosan GmbH                         

                8.9 KITOZYME SA                             

                8.10 Kraeber. & Co                         

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures

  • Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of by source, by application,by geography along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. NA Chitosan  Market By Region, From 2021-2026( USD Billion )

  2. NA Chitosan  Market By sources, From 2021-2026( USD Billion )

  3. NA shrimp shells Market By Region, From 2021-2026( USD Billion )

  4. NA crabs Market By Region, From 2021-2026( USD Billion )

  5. NA  squid and krill Market By Region, From 2021-2026( USD Billion )

  6. NA Chitosan  Market By Application, From 2021-2026( USD Billion )

  7. NA agrochemicals Market By Region, From 2021-2026( USD Billion )

  8. NA cosmetics Market By Region, From 2021-2026( USD Billion )

  9. NA others Market By Region, From 2021-2026( USD Billion )

 

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 2500

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample