FDBusiness.com

Report: Market for chitosan to reach $1.5bn by 2022

 Breaking News
  • Orkla Acquires Leading Czech Frozen Vegetable Producer Through its wholly-owned subsidiary Hamé, Nordic food group Orkla has purchased Agrimex, a leading frozen vegetable producer in the Czech Republic. Hamé is a leading branded food company in the Czech Republic and Slovakia, and holds strong positions in the liver paté, ready meals, ketchup, jam, baby food and tinned vegetable categories. Through the acquisition [...]...
  • Change of Leadership at Alpro Bernard Deryckere, current CEO of Alpro who has been leading the company for the last 16 years, is stepping down and handing over management responsibility to Sven Lamote. Sven Lamote will be tasked to prepare the Alpro plant-based business for its next stage of growth as the company’s new General Manager, building on Bernard Deryckere’s [...]...
  • Ornua Expands into South Korea With Launch of Kerrygold Ornua, Ireland’s largest exporter of Irish dairy products, has announced a major product expansion into the South Korean market with the launch of Kerrygold butter. Kerrygold will be sold through major Korean retailers. Kerrygold dairy products, made from the milk of grass-fed cows, will bring a unique new offering to South Korean consumers. Korean consumers place a high [...]...
  • East Meets West – Taura Inspires Global Flavour Combinations at FIE Real fruit and vegetable pieces are the perfect way to combine eastern and western flavours, Taura Natural Ingredients will demonstrate at Food Ingredients Europe. With consumers seeking new taste sensations, and eastern flavours particularly sought after, Taura – part of Frutarom – offers a range of ways to help manufacturers satisfy adventurous palates. The company’s unique [...]...
  • Pots Showcase Dairy Delights Regional French dairy producer Duo Lozère has selected RPC Bebo Bouxwiller to supply the packaging for the company’s high quality organic yoghurts and fromage blanc. The stylish 125cc thermoformed polypropylene pots are lightweight and easy to handle, combining consumer convenience and ease of use with effective product protection and presentation. Newly-designed graphics, offset printed in a [...]...

Report: Market for chitosan to reach $1.5bn by 2022

April 14
14:24 2016

crustaceansGrand View Research new report forecasts a growth in the global market for the bio-polymer obtained from the shells of crustaceans, chitosan, which is expected to reach a value of nearly $1.5 bn by 2022.

Market demand is primarily being driven by abundant raw material availability, low price, and superior product quality, the US insights provider claimed. A rising number of potential applications for chitosan as an eco-friendly packaging option is expected to propel demand over the next six years – although the main areas of growth will be in the textile and agrochemical industries, as oppose to the food and beverage sector.

The increasing use of chitosan as a chelating, coagulating and flocculating agent in waste water treatment is expected to have a positive impact on the market growth, while
integration with the fishery industries to source raw material is the key factor promoting growth, Grand View Research said.

It added that rising consumer awareness regarding the benefits of chitosan, coupled with a demand-supply gap due to low production volumes, especially in North America and Europe, is expected to offer an opportunity for emerging producers.

Grand View Research said: “European demand for food and beverage applications was valued at over $7 million in 2014, growing at a CAGR of over 17% from 2015 to 2022. In Europe, chitosan hydrochloride is approved as a substance in the food industry, which complies with regulation (EC) 1107/2009 of the European Parliament and of the Council, which is expected to have a positive impact on the market growth. A growing food industry in the region, coupled with the rising requirement of bio-derived food ingredients in food formulations, is expected to propel growth.”

About Author

admin

admin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • November 28, 2017Fi Europe
  • December 4, 2017Plastics and Paper in Contact with Foodstuffs 2017
  • January 8, 2018RAI Exhibition
  • January 16, 2018Sival Plant Production Trade Show
AEC v1.0.4

Jobs: Food Packaging

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements