StockNews.AI
SHEL
StockNews.AI
145 days

Chitin Market Research Report 2025: Analysis and Forecast Through 2020-2030, Featuring Profiles of Sfly, Heppe Medical Chitosan, Golden-Shell Pharmaceutical, Zhejiang Fengrun Biotech, and Aoxin Biotechnology

1. Chitin market expected to grow to USD 150 million by 2030. 2. North America leads chitin demand, especially in cosmetics and agriculture. 3. Advancements in extraction technologies are critical for market growth. 4. Sustainable agriculture and clean beauty trends drive chitin usage. 5. High production costs and supply variability pose challenges.

9m saved
Insight
Article

FAQ

Why Neutral?

The chitin market's modest growth does not significantly influence SHEL's core operations. Previous trends in sustainability have not strongly affected SHEL's stock unless linked to major corporate actions.

How important is it?

While the article discusses a growing market, its relevance to SHEL's operations is limited. SHEL's strategic moves toward sustainability may align with chitin trends, but direct impacts are uncertain.

Why Long Term?

While the chitin market is growing, SHEL's direct involvement is limited, suggesting gradual, not immediate effects. Long-term investments in sustainable practices may eventually create value.

Related Companies

SHEL
Dublin, March 27, 2025 (GLOBE NEWSWIRE) -- The "Chitin Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering.The global chitin market is estimated at USD 100 to 150 million in 2025, with a CAGR of 5% to 6% from 2025 to 2030, fueled by diverse industry demand. Key drivers include rising agricultural biostimulant use, clean beauty demand, and advancements in chitin extraction.Regional Analysis North America: Holds 35-40% market share, with a growth rate of 4-5%. Growth is driven by cosmetics, with the United States leading in beauty products and Canada focusing on agriculture.Europe: Accounts for 25-30%market share, with a growth rate of 4-5%. Demand from Germany and France supports stability, driven by sustainable agriculture.Asia Pacific: Represents 20-25% market share, with a growth rate of 6-7%. China and Japan drive growth with pharma and agricultural production.Rest of the World: Holds 10-15% market share, growing at 5-6%, with Brazil leading due to agriculture needs. Trends in Asia Pacific focus on scale, while North America emphasizes premium uses.Application AnalysisAgriculture grows at 5-6%, driven by biostimulant demand, with trends toward chitin in soil health and pest control products. Cosmetics grow at 6-7%, fueled by skin health needs, with trends toward chitin in moisturizers and wound care. Pharmaceuticals grow at 5-6%, supporting drug delivery, with trends toward chitin-based biomaterials. Others, like water treatment, grow at 4-5%, with steady demand for sustainable solutions.Key Market Players Sfly: Sfly offers chitin for agriculture and pharma. Known for its sustainable, high-quality products, it serves Asia's markets.Heppe Medical Chitosan GmbH: Heppe provides chitin for medical uses. It excels in delivering pure, innovative solutions for Europe.Golden-Shell Pharmaceutical: Golden-Shell supplies chitin for health applications. It focuses on scalable, quality products for China.Zhejiang Fengrun Biotech: Fengrun offers chitin for diverse uses. Known for its practical, high-performance solutions, it supports regional markets.Aoxin Biotechnology: Aoxin provides chitin for agriculture and cosmetics. It focuses on reliable, cost-effective products for Asia. These companies compete on sustainability, purity, and cost, driving the market through innovation.Porter's Five Forces AnalysisThe threat of new entrants is moderate due to extraction barriers. Substitutes are medium, with synthetic polymers competing. Buyer power is medium, with industries negotiating. Supplier power is moderate due to shell sourcing. Rivalry is high, pushing quality and sustainability.Market Opportunities and Challenges Opportunities Rising sustainable agriculture demand boosting chitin use.Advancements in extraction technology.Expansion into emerging cosmetic markets. Challenges High production costs limiting adoption.Supply chain variability in raw materials.Market saturation in developed regions requiring innovation. Key Topics CoveredChapter 1 Executive SummaryChapter 2 Abbreviation and AcronymsChapter 3 Preface3.1 Research Scope3.2 Research Sources3.2.1 Data Sources3.2.2 Assumptions3.3 Research MethodChapter 4 Market Landscape4.1 Market Overview4.2 Classification/Types4.3 Application/End UsersChapter 5 Market Trend Analysis5.1 Introduction5.2 Drivers5.3 Restraints5.4 Opportunities5.5 ThreatsChapter 6 Industry Chain Analysis6.1 Upstream/Suppliers Analysis6.2 Chitin Analysis6.2.1 Technology Analysis6.2.2 Cost Analysis6.2.3 Market Channel Analysis6.3 Downstream Buyers/End UsersChapter 7 Latest Market Dynamics7.1 Latest News7.2 Merger and Acquisition7.3 Planned/Future Project7.4 Policy DynamicsChapter 8 Trading Analysis8.1 Export of Chitin by Region8.2 Import of Chitin by Region8.3 Balance of TradeChapter 9 Historical and Forecast Chitin Market in North America (2020-2030)9.1 Chitin Market Size9.2 Chitin Demand by End Use9.3 Competition by Players/Suppliers9.4 Type Segmentation and Price9.5 Key Countries Analysis9.5.1 United States9.5.2 Canada9.5.3 MexicoChapter 10 Historical and Forecast Chitin Market in South America (2020-2030)10.1 Chitin Market Size10.2 Chitin Demand by End Use10.3 Competition by Players/Suppliers10.4 Type Segmentation and Price10.5 Key Countries Analysis10.5.1 Brazil10.5.2 Argentina10.5.3 Chile10.5.4 PeruChapter 11 Historical and Forecast Chitin Market in Asia & Pacific (2020-2030)11.1 Chitin Market Size11.2 Chitin Demand by End Use11.3 Competition by Players/Suppliers11.4 Type Segmentation and Price11.5 Key Countries Analysis11.5.1 China11.5.2 India11.5.3 Japan11.5.4 South Korea11.5.5 Southeast Asia11.5.6 AustraliaChapter 12 Historical and Forecast Chitin Market in Europe (2020-2030)12.1 Chitin Market Size12.2 Chitin Demand by End Use12.3 Competition by Players/Suppliers12.4 Type Segmentation and Price12.5 Key Countries Analysis12.5.1 Germany12.5.2 France12.5.3 United Kingdom12.5.4 Italy12.5.5 Spain12.5.6 Belgium12.5.7 Netherlands12.5.8 Austria12.5.9 Poland12.5.10 RussiaChapter 13 Historical and Forecast Chitin Market in MEA (2020-2030)13.1 Chitin Market Size13.2 Chitin Demand by End Use13.3 Competition by Players/Suppliers13.4 Type Segmentation and Price13.5 Key Countries Analysis13.5.1 Egypt13.5.2 Israel13.5.3 South Africa13.5.4 Gulf Cooperation Council Countries13.5.5 TurkeyChapter 14 Summary For Global Chitin Market (2020-2025)14.1 Chitin Market Size14.2 Chitin Demand by End Use14.3 Competition by Players/Suppliers14.4 Type Segmentation and PriceChapter 15 Global Chitin Market Forecast (2025-2030)15.1 Chitin Market Size Forecast15.2 Chitin Demand Forecast15.3 Competition by Players/Suppliers15.4 Type Segmentation and Price ForecastChapter 16 Analysis of Global Key Vendors16.1 Sfly16.1.1 Company Profile16.1.2 Main Business and Chitin Information16.1.3 SWOT Analysis of Sfly16.1.4 Sfly Chitin Sales, Revenue, Price and Gross Margin (2020-2025)16.2 Heppe Medical Chitosan GmbH16.2.1 Company Profile16.2.2 Main Business and Chitin Information16.2.3 SWOT Analysis of Heppe Medical Chitosan GmbH16.2.4 Heppe Medical Chitosan GmbH Chitin Sales, Revenue, Price and Gross Margin (2020-2025)16.3 Golden-Shell Pharmaceutical16.3.1 Company Profile16.3.2 Main Business and Chitin Information16.3.3 SWOT Analysis of Golden-Shell Pharmaceutical16.3.4 Golden-Shell Pharmaceutical Chitin Sales, Revenue, Price and Gross Margin (2020-2025)16.4 Zhejiang Fengrun Biotech16.4.1 Company Profile16.4.2 Main Business and Chitin Information16.4.3 SWOT Analysis of Zhejiang Fengrun Biotech16.4.4 Zhejiang Fengrun Biotech Chitin Sales, Revenue, Price and Gross Margin (2020-2025)16.5 Aoxin Biotechnology16.5.1 Company Profile16.5.2 Main Business and Chitin Information16.5.3 SWOT Analysis of Aoxin Biotechnology16.5.4 Aoxin Biotechnology Chitin Sales, Revenue, Price and Gross Margin (2020-2025) For more information about this report visit https://www.researchandmarkets.com/r/btumlc About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Related News