According to IMARC Group’s latest report, titled “North America Chitosan Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is expected to exhibit moderate growth during 2021-2026. Looking forward, IMARC Group expects the North America chitosan market to continue its robust growth during the forecast period (2021-2026).
Chitosan is a fibrous substance obtained from the outer skeleton of shellfish or crustaceans, such as lobster, crab, and shrimp. It blocks the absorption of fat and cholesterol and is extensively used to treat obesity, Crohn’s disease, kidney failure, anemia, insomnia, and high cholesterol. As a result, it is extensively used across the pharmaceutical, cosmetics, agriculture, and food and beverage (F&B) industries.
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North America Chitosan Market Trends:
The widespread use of chitosan across the biomedical and food and beverage (F&B) industries represents one of the key factors driving the market growth in the North American region. Moreover, chitosan finds extensive application in the water treatment industry, which, in turn, is driving the market market. This is primarily because it acts as a non-allergic agent that aids in removing pesticides and surfactants present in the water.
Other factors, including the growing demand for cosmetics and personal care products manufactured using natural ingredients, are anticipated to create a positive outlook for the market further across the region.
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Key Market Segmentation:
The report has categorized the market based on grade, source and application.
Breakup by Grade:
- Industrial Grade
- Food Grade
- Pharmaceutical Grade
Based on Source:
- Shrimp
- Crab
- Squid
- Krill
- Others
Application:
- Water Treatment
- Food & Beverages
- Cosmetics
- Medical & Pharmaceuticals
- Agrochemicals
- Others
Analysis by Country:
- United States
- Canada
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Group employs a robust research methodology which involves data triangulation using an amalgamation of bottom-up and top-down approaches and validation of the final market numbers through expert interviews. We use our extensive database of macroeconomic and sector-specific data to generate the industry forecast. Growth rates exhibited by the market are calculated based on numerous factors and their level of impact on the market.
Methodology
These factors include market drivers, challenges, technological developments, government regulations, macro-economic scenario, etc. Information is gathered from our internal databases, as well as from key stakeholders in the industry. This enables us to take into account unprecedented events that otherwise cannot be normally captured. The initial baseline forecasts are generated with the most recent market data. After an initial baseline forecast, all future events and assumptions are based on extensive primary and secondary research
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