Chitin Fertilizer Market - By Source, By Type, By Application, and By Geography Analysis - Forecast 2020 – 2025

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Chitin Fertilizer Market  Forecast (2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
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• Chitin Fertilizer Market size is forecast to
  reach around 25 billion by 2025, after growing
  at a CAGR of 18 during 2020-2025.
• Chitin is the second most abundant carbohydrate
  biopolymer in the biosphere, after cellulose.
• The increasing population coupled with a decrease
  in landmass is driving the growth of chitin
  fertilizer market globally.
• Additionally, the need to increase the efficiency
  and yield of crops without degrading the
  environment is also augmenting the growth of
  chitin fertilizer market.

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• Key Takeaways
• Rapid population growth in countries like China,
  India, and Indonesia with decrease in landmass
  and adoption of new farming methods has propelled
  the chitin fertilizer market.
• Properties such as anti-microbial,
  biocompatibility and non-toxicity of chitin are
  the major factors driving the growth of chitin
  fertilizer market.
• Increasing environmental concerns due to adverse
  effect of synthetic fertilizers are also
  contributing to the growth of chitin fertilizer
  market size during the forecast period.

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By Distribution Channel- Segment Analysis Based
on the source, the crustaceans segment holds the
largest share of more than 35 in the chitin
fertilizer market in 2019. Chitin is obtained
from the waste product of crabs, lobsters, and
shrimps. An increase in demand for shellfish from
the food industry results in the easy
availability of exoskeletons of crustaceans for
processing of chitin rather than extraction from
insects or fungal cell walls. Chitin acts as a
potential fertilizer due to its high nitrogen
concentration.
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• Chitin Fertilizer Industry Outlook 
• Advanced Biopolymers AS
• Heppe Medical Chitosan GmbH
• G.T.C. Bio Corporation
• Primex EHF
• Kitozyme LLC.
• DuPont Corporation, Inc.
• Golden-Shell Pharmaceutical Co. Ltd.
• Qingdao Yunzhou Biochemistry Co. Ltd.

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