Topic: chitosan market

Market Overview: In 2020, the global chitosan market was valued at USD 784.8 million and is projected to reach USD 2,093.5 million by 2028, with a compound annual growth rate (CAGR) of 12.9% during the forecast period. Chitosan, a polysaccharide derived from chitin present in waste from crustacean shells (lobsters, shrimps, prawns, crabs) and white mushrooms, plays a crucial role in hindering the absorption of lipids in the gastrointestinal tract. This characteristic has led to a high demand ...