Global Chitin Fertilizer Market Size By Type (Shrimp, Crab), By Application (Food & Beverages, Water Treatment), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 10753 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Chitin Fertilizer Market was valued at USD 2.3 billion in 2023 and is projected to reach USD 4.1 billion by 2031, growing at a CAGR of 7.6% during the forecast period of 2023–2031. The market growth is driven by increasing awareness of sustainable agricultural practices, rising demand for organic fertilizers, and the benefits of chitin in enhancing soil health and plant growth. Chitin fertilizers, derived from crustacean shells and other organic sources, improve plant immunity, soil microbial activity, and nutrient absorption, positioning them as an essential component in modern agriculture.

Drivers

Rising Demand for Organic Farming: The shift toward organic farming practices globally has boosted the demand for eco-friendly fertilizers like chitin, which naturally enrich the soil and enhance crop yields.

Environmental Benefits: Chitin fertilizers are biodegradable and reduce the dependency on chemical fertilizers, contributing to sustainable farming practices and minimizing soil and water pollution.

Improved Crop Resistance: Chitin enhances plant resistance against pathogens and pests, which is increasingly crucial for maximizing productivity amid climate change challenges.

Restraints

High Cost of Extraction and Production: The extraction process of chitin from natural sources like crustacean shells can be expensive, impacting the affordability of these fertilizers.

Limited Awareness Among Farmers: In developing regions, lack of awareness and access to chitin-based fertilizers may hinder market penetration.

Opportunity

Expansion in Emerging Markets: Growing agricultural activities in emerging economies present a significant opportunity for market players to introduce cost-effective chitin-based fertilizers.

Technological Advancements in Extraction: Innovations in the extraction process can reduce costs and enhance the scalability of production, broadening market accessibility.

Market by System Type Insights

Based on product type, powdered chitin fertilizers dominated the market in 2023, accounting for over 50% of the market share. These fertilizers are favored for their ease of application and fast absorption into the soil, providing immediate benefits for crop growth. The liquid fertilizer segment is expected to grow at the fastest rate due to its increasing adoption in high-tech farming practices, including drip and spray irrigation systems.

Market by End-use Insights

The horticulture segment led the market in 2023, holding a significant share due to the high use of chitin fertilizers in growing fruits, vegetables, and ornamental plants. With increasing demand for premium-quality produce, the segment is poised to witness robust growth. The cereal crops segment is also projected to grow significantly, driven by the need to improve yields in staple food production.

Market by Regional Insights

Geographically, North America accounted for the largest market share in 2023, fueled by the region's advanced agricultural practices, high awareness of organic fertilizers, and extensive availability of raw materials like crustacean shells. Asia-Pacific is anticipated to register the highest CAGR during the forecast period, driven by expanding agricultural activities, growing population, and rising focus on sustainable farming in countries like India, China, and Indonesia.

Competitive Scenario

Key players in the global chitin fertilizer market include Shrimp Shell Biotech Ltd., Agrinos, BiOWiSH Technologies Inc., Novozymes A/S, and Growtech Innovations. These companies are focusing on R&D investments, strategic collaborations, and product portfolio expansion to strengthen their market position.

Recent developments:

In 2023, Agrinos launched a cost-effective powdered chitin fertilizer targeting small-scale farmers in Latin America.

Novozymes partnered with a leading agricultural institute in 2024 to research the role of chitin in carbon sequestration in soil.

BiOWiSH Technologies introduced a liquid chitin-based fertilizer with enhanced microbial properties in 2025.

Scope of Work – Global Chitin Fertilizer Market

Report Metric

Details

Market Size (2023)

USD 2.3 billion

Market Size (2031)

USD 4.1 billion

CAGR (2023-2031)

7.6%

Key Segments

Product Type (Powdered, Liquid), End-use (Horticulture, Cereal Crops)

Growth Drivers

Rising demand for organic farming, environmental benefits, improved crop resistance

Opportunities

Technological advancements, expansion in emerging markets

 

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