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Next Move Strategy Consulting

Chitosan Market Set to Reach USD 9.75 Billion by 2030

Chitosan Market Set to Reach USD 9.75 Billion by 2030

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According to the study by Next Move Strategy Consulting, the Chitosan Market size is expected to reach USD 9.75 billion with a CAGR of 18% till 2030.

The demand for chitosan is increasing due to its bioactivity, biodegradability, biocompatibility, non-toxicity, fiber grade-properties, and adsorption. It is used in a wide range of applications such as water treatment as coagulants and flocculants.

Europe holds the predominant share in chitosan market and is expected to continue its dominance during the forecast period. 

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