Chitosanase Market Scope
Chitosanase is produced by microbes and plants, where it is essential for nutrition and defense. Chitosanase was first discovered in soil microorganisms in 1973. Several research papers have been published over the last 40 years on the event occurring, manufacturing, purification, and categorization of chitosanase from various microorganisms, including bacteria, fungi, as well as cyanobacteria and plants.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Specialty Enzymes (Unites States), Dynamic Enzymes (United States), Green Stone Swiss (China), Creative Enzymes (United States), Megazyme (Australia), Advanced Biopolymers AS (United States), Agratech International Inc (India), Golden-Shell Pharmaceutical Co. Ltd (China), G. T. C. Bio Corporation (United States) and Heppe Medical Chitosan GmbH (Germany) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Chitosanase market throughout the predicted period.
Specialty Enzymes (Unites States), Dynamic Enzymes (United States), Green Stone Swiss (China), Creative Enzymes (United States), Megazyme (Australia), Advanced Biopolymers AS (United States), Agratech International Inc (India), Golden-Shell Pharmaceutical Co. Ltd (China), G. T. C. Bio Corporation (United States) and Heppe Medical Chitosan GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Kitozyme S. A (Germany), Nova matrix (United States), Panvo Organics Pvt Ltd (India) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Chitosanase market by Type , by Application (Agriculture, Health Care Products, Water Treatment, Pharmaceutical & biomedical, Cosmetics, Food & beverage and Others) and Region with country level break-up.
On the basis of geography, the market of Chitosanase has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
On 28th November 2021, Novozymes and Novo Nordisk Pharmatech have signed a collaborative agreement to pool their expertise and interests in the development of specialised enzymes for biopharmaceutical processing and regenerative medicine. Novozymes and Novo Nordisk Pharmatech have announced a collaborative agreement to pool their expertise and interests in the development of specialised enzymes for biopharmaceutical processing and regenerative medicine.
On 11th April 2022, Specialty Enzymes & Probiotics, a leading global enzymes and probiotics manufacturer, launches two game-changing pet supplements for gut and immune health ProbioSEB CSC3 PET and ImmunoSEB PET.
Influencing Trend:
Water Treatment is expected to Witness a Healthy Growth in the Upcoming Future
Market Growth Drivers:
Easy Availability of Raw Material, and Unique Properties of Chitosanase and Strong Advancements in Healthcare or Medical Industry in North America
Challenges:
High Production Cost, Disadvantages of Using Chitosanase in Drug Delivery System and Instability of Chitosanase in Some Applications
Restraints:
Lack of knowledge and technical issues, High Product Costs Depending On the Quality and Purity and Regulations and Compliances Related to Shrimp Farming
Opportunities:
Biodegradability, And Non-Toxic Nature and Applications across Several End-User Industry and Production of Chitosanase from Non-Aquatic Sources
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Raw Material Suppliers, Chitosanase Manufacturers, Traders/Exporters/Importers, Pharmaceutical Industries, Chemical Engineers, Government Bodies and Others