Global Chitin Fertilizer Market Size to Exceed USD 274.32 Billion by 2033
According to a research report published by Spherical Insights & Consulting, the Global Chitin Fertilizer Market Size is Expected to Grow from USD 180.78 Billion in 2023 to USD 274.32 Billion by 2033, at a CAGR of 4.26% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Chitin Fertilizer Market Size, Share, and COVID-19 Impact Analysis, By Source (Fungal Cell Wall, Insects, Cephalopods, Crustaceans, and Others), By Type (Alpha Chitin, Beta Chitin, and Gama Chitin), By Application (Biological fertilizers, Food Preservatives, Bio Pesticides, and Seed Treatment, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Chitin fertilizer, obtained from chitin, a natural polymer found in crustaceans, is a rich source of nitrogen and essential nutrients for plant growth and soil health. Its slow-release properties promote long-lasting effects and improve soil structure, water retention, and microbial activity, offering growth opportunities in the organic and sustainable agriculture sector. Consumers are increasingly aware of the environmental and health benefits of organic fertilizers, leading to a growing demand for chitin-based products. Governments and regulatory bodies support organic farming, creating a favorable market environment. Chitin, the second most abundant carbohydrate biopolymer, is experiencing global growth owing to population growth, environmental concerns, and government sustainability initiatives, enhancing crop efficiency and yield. The global chitin fertilizer market is experiencing significant growth ascribed to its easy production process, availability, and biocompatibility. It is ideal for biomedical products, artificial organs, and implants. The rise in lifestyle diseases and adoption in industries including textiles, personal care, and healthcare are expected to fuel market growth. Additionally, increased R&D investments are expected to boost demand. However, higher expenses for manufacturing and incompatible products as a consequence of seasonal, geographical, and chemical variability impede market growth.
The crustaceans segment is expected to hold the largest share of the global chitin fertilizer market over the forecast period.
Based on the source, the global chitin fertilizer market is categorized as fungal cell walls, cephalopods, insects, crustaceans, and others. Among these, the crustaceans segment is expected to hold the largest share of the global chitin fertilizer market over the forecast period. Chitin, derived from crabs, lobsters, and shrimps, is a valuable fertilizer ascribed to its high nitrogen concentration. It also stimulates plant defense against pathogen attacks, making it a valuable resource in the food industry.
The alpha chitin segment is expected to hold the largest share of the global chitin fertilizer market throughout the projection period.
Based on the type, the global chitin fertilizer market is categorized as alpha chitin, beta chitin, and gama chitin. Among these, the alpha chitin segment is expected to hold the largest share of the global chitin fertilizer market throughout the projection period. Alpha chitin, found in shellfish and fungi cell walls, has antiparallel and parallel microfibril chains, attracting interest for potential applications in agriculture, water treatment, biotechnology, and pharmaceuticals.
The seed treatment segment is expected to grow at the fastest CAGR during the predicted period.
Based on the application, the global chitin fertilizer market is categorized as biological fertilizers, food preservatives, seed treatment, bio-pesticides, and others. Among these, the seed treatment segment is expected to grow at the fastest CAGR during the predicted timeframe. Chitin fertilizer improves seed growth by altering seed plasma membrane permeability, increasing sugar, proline, and enzyme activities, and preventing bacteria growth by combining with amino and carboxyl groups and calcium.
Asia Pacific is projected to hold the highest share of the global chitin fertilizer market over the forecast period.
Asia Pacific is projected to hold the highest share of the global chitin fertilizer market over the forecast period. The market for chitin fertilizer has expanded significantly throughout the APAC area as a result of growing awareness of the adverse effects of chemical-based synthetic fertilizers.
North America is expected to grow at a rapid pace in the global chitin fertilizer market over the forecast period. North America places a great emphasis on sustainable and organic farming practices. Chitin fertilizer fits into this trend because it is a natural, organic soil supplement generated from crustacean shells. The extensive implementation of modern agricultural technologies in North America makes chitin fertilizer use and application more efficient.
Competitive Analysis
Major vendors in the global Chitin Fertilizer market are AgraTech International, Panvo Organics, Primerx, Novamatrix, G.T.C. Union Group, Golden-Shell Pharmaceutical, Heppe Medical Chitosan, Advanced Biopolymers, Biovert, Chimac Environmental, Sikko Industries, Japan Biofertilizers, EuroChem Group, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global chitin fertilizer market based on the below-mentioned segments:
Global Chitin Fertilizer Market, By Source
- Fungal Cell Wall
- Cephalopods
- Insects
- Crustaceans
Global Chitin Fertilizer Market, By Type
- Alpha Chitin
- Beta Chitin
- Gama Chitin
Global Chitin Fertilizer Market, By Application
- Biological Fertilizers
- Food Preservatives
- Bio Pesticides
- Seed Treatment
- Others
Global Chitin Fertilizer Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa