Future Market Insights has announced the addition of the "Chitosan Oligosaccharides Market: Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 - 2029 " report to their offering
Valley Cottage, NY -- (SBWIRE) -- 07/02/2019 -- Chitosan Oligosaccharides Market Outlook
Chitosan is a polysaccharide that has low solubility, and thus, is hydrolyzed into small fragments to obtain chitosan oligosaccharides. The chitosan oligosaccharides have better solubility due to the presence of some amino acids and a shorter chain length. Chitosan oligosaccharide is less bitter as compared to chitosan polysaccharide and is available in powder and liquid form. Chitosan oligosaccharide has application in many industries such as food, beverage, cosmetics, wastewater treatment, etc. Chitosan oligosaccharide is used as an eco-friendly agricultural material which is used in the formulation of fertilizers, fungicides, etc.
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Several Applications of Chitosan Oligosaccharides Boosts its Market
The increase in the agricultural industry is anticipated to have a positive impact on the chitosan oligosaccharides market. According to FAO, more than 60% of the global population depends on agriculture for survival. As the world population increases, the demand for agricultural products is estimated to increase, which further enhances the demand for agricultural fertilizers and other such products. The chitosan oligosaccharide is used in the preparation of fertilizers, seed treatment products, plant activator, etc. Chitosan oligosaccharide has excellent solubility and beneficial antioxidant and antimicrobial properties which increases the innate immunity of the plants. Chitosan oligosaccharide decreases and eliminates the infection against the pathogenic agents and regulates the immunization at the gene level. Thus, the manufacturers in the agricultural industry are anticipated to prefer the use of chitosan oligosaccharides in the preparation of various agricultural products. Thus, the increase in the agriculture industry is estimated to boost the sales of chitosan oligosaccharide.
Approximately 6 million tons of crab, lobster, and shrimp shell's waste is generated all over the world every year. Such waste can be utilized in the production of chitosan, which can be further hydrolyzed to obtain chitosan oligosaccharide. The abundance of raw material is estimated to serve as a driver for chitosan oligosaccharide market.
The high production cost is expected to serve as a restraint for the chitosan oligosaccharide market. The production of chitosan oligosaccharides is a time-consuming process and requires close monitoring to maintain the quality of the product. The process of hydrolyzes to form chitosan oligosaccharides requires monitoring a difference in process timing can affect its chain length and solubility.
Chitosan Oligosaccharides Market Segmentation
The chitosan oligosaccharides market can be segmented on the basis of source, form, grade, and end-use –
The chitosan oligosaccharides market can be segmented on the basis of the source as:
The chitosan oligosaccharides market can be segmented on the basis of the form as:
The chitosan oligosaccharides market can be segmented on the basis of the grade as:
The chitosan oligosaccharides market can be segmented on the basis of the end-use as:
Food and Beverage Industry
Waste Water Treatment
Cosmetic and Personal Care Industry
Animal Feed Supplements
Chitosan Oligosaccharides Market: Regional Analysis
The demand for chitosan oligosaccharide is estimated to increase in the Asia Pacific region. The increase in urbanization and industrialization are expected to serve as drivers for the chitosan oligosaccharide market. As industrialization increases, the quantity of wastewater also increases. Also, the decrease in the groundwater levels makes it necessary to use a proper wastewater treatment procedure to fulfill the water requirements of the huge population. Thus, the increase in wastewater treatment is anticipated to have a positive impact on the chitosan oligosaccharide market as it is an eco-friendly chemical which can be effectively used in the treatment of wastewater. Also, the increase in the agricultural sector is estimated to boost the demand for chitosan oligosaccharide in the Asia Pacific region.
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Chitosan Oligosaccharides Market: Key Participants
Few of the key market players in the chitosan oligosaccharides market are:
Kunpoong Bio Co., Ltd
Auro Biotechnologies Pvt. Ltd.
Marshall Marine Products
News-Golden-Shell Pharmaceutical Co., Ltd
T.C. Bio Corporation
Zhejiang Aoxing Biotechnology Co.,LTD
Jinan Haidebei Marine Bioengineering Co.Ltd.