Chitin Market
                     Chitin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-
2026
Chitin is the second-most abundant organic compound in nature and naturally occurs as a fibre 
forming polymer that plays a protective role in many lower eukaryotes similar to that of cellulose in
plants. It is a long chain unbranched polysaccharide consisting of N-acetylglucosamine residues 
connected through β1,4 covalent bonds. Chitin plays an important role in biological structures such 
as insect peritrophic matrix, fungal cell walls, crustacean cuticles, cyst wall of protozoa and 
eggshells from nematodes.
Chitin Market Taxonomy
On the basis of product type, the global chitin market is classified into:
•α-Chitin
•β-chitin
On the basis of end-use industry, the global chitin market is classified into:
•Healthcare
•Agriculture
•Paper and Pulp
•Personal care products
•Biotechnology
Chitin Market Outlook – Rising Demand in Healthcare and allied Industries to be the Major 
Market Driver 
Asia Pacific and North America are expected to be the most potential markets for chitin 
manufacturers. This owing to the rapidly growing healthcare industry coupled with growing 
medical tourism in developing countries such as India. According to IBEF, Indian healthcare 
industry is expected to reach at USD 280 billion by 2020. In the Union Budget 2017-18 of India, 
the health budget was increased from USD 5.96 billion to USD 7.3 billion. The Indian healthcare 
industry is budding swiftly due to its firming coverage, services and high expenditure by public and 
private players.
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Major Keyplayers: Biothera, Navamedic ASA, Kunpoong Bio Co. Ltd., Advanced Biopolymers 
AS, CarboMer Inc., Heppe Medical Chitosan GmbH, Sonat Co., United Chitotechnologies Inc., 
Meron Biopolymers, Dalian Xindie Chitin Co. Ltd., QBas Co., TaizhouCandorly Sea Biochemical 
& Health Products Co. Ltd and PrimexEhf.
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