Chitin is the second most abundant organic chemical in
nature, and it naturally appears as a fiber-forming polymer in many lower
eukaryotes, similar to how cellulose protects plants. It's an unbranched
long-chain polysaccharide made up of N-acetylglucosamine residues linked by 1,4
covalent bonds. Chitin is found in a variety of biological structures,
including insect peritrophic matrix, fungal cell walls, crustacean cuticles,
protozoan cyst walls, and nematode eggshells. Chitin derivatives, such as
chitooligosaccharides, have a wide range of biotechnological applications due
to their diverse properties. Chitin derivatives are also widely employed in
biomedicine, pharmaceutical and food technologies, and agricultural
biosciences.
Cuticles of various crustaceans, mostly shrimps and crabs,
are the principal suppliers of chitin. For chemical extraction of chitin
Market, chemical demineralization and deproteinization are commonly
employed procedures. The chitin in the crabshell allows soil organisms to
release chitinases, which are enzymes that break down chitin. Chitin, a
component of flea egg shells, is degraded by chitanases. Because chitin is
present in the fertiliser, it acts as a natural biopesticide, making it
non-toxic to animals, fish, birds, and plants.
Chitin Market Outlook
The most promising markets for chitin manufacturers are
likely to be Asia Pacific and North America. This is due to the rapidly
expanding healthcare business, as well as an increase in medical tourism in
emerging nations like India. The Indian healthcare market is estimated to reach
USD 280 billion by 2020, according to IBEF. The health budget in India's Union
Budget 2017-18 was increased from USD 5.96 billion to USD 7.3 billion. The
Indian healthcare industry is rapidly growing as a result of its expanding
coverage, services, and significant public and private investment. The India
Brand Equity Foundation (IBEF) is a Trust created by the Ministry of Commerce
and Industry, Department of Commerce, in partnership with the Government of
India, with the goal of promoting and raising international awareness of
Indian-made goods.
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