Middle East & Africa Chitosan Market Size & Outlook

The chitosan market in Middle East & Africa is expected to reach a projected revenue of US$ 1,765.1 million by 2030. A compound annual growth rate of 23% is expected of Middle East & Africa chitosan market from 2023 to 2030.
Revenue, 2022 (US$M)
$336.3
Forecast, 2030 (US$M)
$1,765.1
CAGR, 2023 - 2030
23%
Report Coverage
Middle East & Africa

MEA chitosan market highlights

  • The MEA chitosan market generated a revenue of USD 336.3 million in 2022.
  • The market is expected to grow at a CAGR of 23% from 2023 to 2030.
  • In terms of segment, cosmetics was the largest revenue generating product in 2022.
  • 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 2023 to 2030.


MEA data book summary

Market revenue in 2022USD 336.3 million
Market revenue in 2030USD 1,765.1 million
Growth rate23% (CAGR from 2022 to 2030)
Largest segmentCosmetics
Fastest growing segmentFood & beverage
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWater Treatment, Pharmaceutical, Biomedical, Cosmetics, Food & beverage
Key market players worldwideLyondellbasell 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 3.1% of the global chitosan market in 2022.
  • Globally, North America 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 2,647.2 million by 2030.

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Chitosan Market Companies

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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 32.29% in 2022. 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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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.

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MEA chitosan market size, by country, 2018-2030 (US$M)

Middle East & Africa Chitosan Market Outlook Share, 2022 & 2030 (US$M)

MEA chitosan market size, by country, 2018-2030 (US$M)

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