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Chitosan Market Will Be Worth of Usd 4.22 Billion in 2020, Expanding at a Cagr of 17.7% by 2020.

  • Date Submitted: 09/19/2016 04:21 AM
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Transparency Market
Chitosan Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020

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Press Release

Growing Usage of Chitosan in Waste Water Treatment Fuels
Market Growth, Says TMR
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Chitosan Market

Chitosan Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Transparency Market Research observes that chitosan manufacturing companies are collaborating with endproduct manufacturing companies to ensure consistency in revenues. Manufacturers are also establishing
reliable tie-ups with e-commerce websites to ensure sales and strong distribution network. Some of the leading
players operating in the global chitosan market are Golden Shell Pharmaceutical Co., Ltd., Biothera, GTC Bio
Corporation, Panvo Organics Pvt., Ltd. “Manufacturing chitosan-based food supplements is expected to open
up a wide range of opportunities for the vendors in the global market,” states the lead author of the research
report. A large number of consumers are expected to demand chitosan as it is known to act as a key agent in
reducing weight.
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North America Chitosan Market Surges at 15.8% between 2014 and 2020
According to the research report, the opportunity in the global chitosan market is expected to be worth
US$4.20 bn by 2020 as the market rises at a CAGR of 17.70% between 2014 and 2020. The report predicts
that North America chitosan market will progress at a formidable CAGR 15.8% between 2014 and 2020 as the
region is witnessing a surging demand for pharmaceutical and biomedical products. On the other hand, the
water treatment segment will...


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