Europe Chitosan Market Size & Outlook, 2024-2030
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Europe chitosan market highlights
- The Europe chitosan market generated a revenue of USD 1,448.0 million in 2023.
- The market is expected to grow at a CAGR of 15.2% from 2024 to 2030.
- In terms of segment, biomedical was the largest revenue generating product in 2023.
- Food & beverage is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,448.0 million |
| Market revenue in 2030 | USD 3,892.2 million |
| Growth rate | 15.2% (CAGR from 2024 to 2030) |
| Largest segment | Biomedical |
| Fastest growing segment | Food & beverage |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Treatment, Pharmaceutical, Biomedical, Cosmetics, Food & beverage |
| Key market players worldwide | Lyondellbasell Advanced Polymers Inc Pref Share, Foodchem International Corporation, FMC Corp, Shell PLC, Primex Pharmaceuticals, Nanobiotix SA ADR, Dainichiseika Color & Chemicals Mfg Co Ltd |
Other key industry trends
- In terms of revenue, Europe region accounted for 11.1% of the global chitosan market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 3,153.3 million by 2030.
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Chitosan Market Scope
Chitosan Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dainichiseika Color & Chemicals Mfg Co Ltd | View profile | 3939 | 1-7-6, Nihonbashi-Bakurocho, Chuo-ku, Tokyo, Japan, 103-8383 | http://www.daicolor.co.jp |
| Nanobiotix SA ADR | View profile | 102 | 60 Rue de Wattignies, Paris, France, 75012 | https://www.nanobiotix.com |
| Lyondellbasell Advanced Polymers Inc Pref Share | View profile | 5300 | 1221 McKinney Street, Suite 300, Houston, TX, United States, 77010 | https://www.lyondellbasell.com |
| Primex Pharmaceuticals | View profile | 11-50 | Helsinki, Southern Finland, Finland, Europe | http://www.primexpharma.com/ |
| Foodchem International Corporation | View profile | - | Shanghai, Shanghai, China, Asia | http://www.foodchemadditives.com/ |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| FMC Corp | View profile | 6600 | 2929 Walnut Street, Philadelphia, PA, United States, 19104 | https://www.fmc.com |
Europe chitosan market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chitosan market will help companies and investors design strategic landscapes.
Biomedical was the largest segment with a revenue share of 45.74% in 2023. Horizon Databook has segmented the Europe chitosan market based on water treatment, pharmaceutical, biomedical, cosmetics, food & beverage covering the revenue growth of each sub-segment from 2018 to 2030.
Economic crisis in the region has resulted in decline of the pharmaceutical industry in France, Germany and Italy which is expected to affect chitosan market in pharmaceutical application. However, increasing R&D expenditure on pharmaceutical industry in Europe is expected to indirectly fuel chitosan.
Increasing demand for bio-based polymers for domestic and industrial waste water treatment is expected to propel demand for chitosan over the forecast period. Rising consumer concerns regarding water purity and safety coupled with innovations in the field of water treatment is expected to have positive impact on the market growth over the projected period.
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Target buyers of Europe chitosan market databook
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Our clientele includes a mix of chitosan market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe chitosan market , including forecasts for subscribers. This continent databook contains high-level insights into Europe chitosan market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe chitosan market size, by country, 2018-2030 (US$M)
Europe Chitosan Market Outlook Share, 2023 & 2030 (US$M)
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