The Europe Chitosan Market would witness market growth of 16.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 40.84 kilo tonnes, showcasing a growth of 16.3% (2019-2022).
Food-grade chitosan, derived from crustacean shells, holds significant promise and versatility in the food industry. Its uses span various applications, including food processing, packaging, and preservation. Chitosan's natural antimicrobial properties make it an effective preservative. Thus, the UK market consumed 14.33 kilo tonnes of Chitosan in 2022.
The Germany market dominated the Europe Chitosan Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,750.2 Million by 2030. The UK market is exhibiting a CAGR of 15.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 17.8% during (2023 - 2030).
Its remarkable wound-healing properties have garnered significant attention in the medical community. Its ability to accelerate wound closure, promote tissue regeneration, and inhibit bacterial growth makes it invaluable in advanced wound dressings and bandages.
Moreover, Chitosan-based wound healing products facilitate faster healing, reduce the risk of infection, and enhance patient comfort, revolutionizing the management of acute and chronic wounds.
Government of the United Kingdom, regarding gross value added (GVA), beverages were the largest manufacturing category with a value of £6.5 billion in 2021. It contributed 21.4% to the total food and drink manufacturing GVA. The other food products category was the second largest, valued at £6.3 billion in the same year, contributing 20.6% to the total food and drink manufacturing GVA.
Free Valuable Insights: The Global Chitosan Market will Hit USD 36.2 Billion by 2030, at a CAGR of 17.2%
Based on Grade, the market is segmented into Industrial, Food, and Pharmaceutical. Based on Application, the market is segmented into Water Treatment, Food & Beverages, Cosmetics, Medical & Pharmaceuticals, Agrochemicals, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Grade (Volume, Kilo Tonnes, USD Billon, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billon, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billon, 2019-2030)
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