"The global chitosan market size is expected to reach USD 21.41 billion by 2025. The market is projected to expand at a CAGR of 20.8% from 2019 to 2025. Growing scope of applications in cosmetics, water treatment for removal of impurities, and medical sectors is the key factor driving the market. Moreover, rising demand for bio-based chemicals and less number of fresh water resources is impelling the market growth. North America is expected to lead chitosan market in the near future due to positive outlook from the pharmaceutical sector in the region."
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