Middle East & Africa Chitosan Market Size & Outlook
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MEA chitosan market highlights
- The MEA chitosan market generated a revenue of USD 526.4 million in 2023.
- The market is expected to grow at a CAGR of 22.2% from 2024 to 2030.
- In terms of segment, cosmetics was the largest revenue generating product in 2023.
- Food & beverage is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 526.4 million |
| Market revenue in 2030 | USD 2,136.7 million |
| Growth rate | 22.2% (CAGR from 2024 to 2030) |
| Largest segment | Cosmetics |
| Fastest growing segment | Food & beverage |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Treatment, Pharmaceutical, Biomedical, Cosmetics, Food & beverage |
| Key market players worldwide | Lyondellbasell Advanced Polymers Inc Pref Share, Foodchem International Corporation, FMC Corp, Shell PLC, Primex Pharmaceuticals, Nanobiotix SA ADR, Dainichiseika Color & Chemicals Mfg Co Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.0% of the global chitosan market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 3,153.3 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Chitosan Market Scope
Chitosan Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dainichiseika Color & Chemicals Mfg Co Ltd | View profile | 3939 | 1-7-6, Nihonbashi-Bakurocho, Chuo-ku, Tokyo, Japan, 103-8383 | http://www.daicolor.co.jp |
| Nanobiotix SA ADR | View profile | 102 | 60 Rue de Wattignies, Paris, France, 75012 | https://www.nanobiotix.com |
| Lyondellbasell Advanced Polymers Inc Pref Share | View profile | 5300 | 1221 McKinney Street, Suite 300, Houston, TX, United States, 77010 | https://www.lyondellbasell.com |
| Primex Pharmaceuticals | View profile | 11-50 | Helsinki, Southern Finland, Finland, Europe | http://www.primexpharma.com/ |
| Foodchem International Corporation | View profile | - | Shanghai, Shanghai, China, Asia | http://www.foodchemadditives.com/ |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| FMC Corp | View profile | 6600 | 2929 Walnut Street, Philadelphia, PA, United States, 19104 | https://www.fmc.com |
Middle East & Africa chitosan market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chitosan market will help companies and investors design strategic landscapes.
Cosmetics was the largest segment with a revenue share of 39.68% in 2023. Horizon Databook has segmented the Middle East & Africa chitosan market based on water treatment, pharmaceutical, biomedical, cosmetics, food & beverage covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for natural and organic products is industry is expected to remain a key factor driving the regional market over the forecast period. The shift in trend toward chemical free products is expected to fuel the demand for chitosan, in turn, augmenting the market growth.
he country exhibits high consumption rate of personal care and cosmetics particularly of skin and hair care products. This can be attributed to presence of high-income groups, consumer inclination towards high and premium priced products especially among women in the country.
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Our clientele includes a mix of chitosan market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa chitosan market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa chitosan market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA chitosan market size, by country, 2018-2030 (US$M)
Middle East & Africa Chitosan Market Outlook Share, 2023 & 2030 (US$M)
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