The cellulose gel market size is expected to see strong growth in the next few years. It will grow to $1.83 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising consumer preference for clean label products, growth in the pharmaceutical industry, increasing use in cosmetics and personal care products, growth in vegan and vegetarian food, increasing applications in the food industry for texture improvement. Major trends in the forecast period include adoption of sustainable practices, advancement in production techniques, development of novel applications, integration of smart technologies,implementation in the food and beverage industries.
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Scope Of Cellulose Gel Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Cellulose Gel Market Overview
Market Drivers –
The increasing demand for processed food products is expected to propel the growth of the food enzyme market going forward. Processed food products refer to food items that have undergone various mechanical, physical, or chemical alterations from their original form to make them suitable for consumption. The fast-paced lifestyle, technological advancements in food processing, urbanization, and higher disposable incomes are leading to the rising demand for processed food products. Cellulose gel enhances processed foods by improving texture, stability, and shelf life as a versatile ingredient used in sauces, dressings, desserts, and ready-to-eat meals. For instance, in October 2023, according to Agriculture and Agri-Food Canada (AAFC), a Canada-based government department for agriculture and food-related products, in 2022, exports of processed food and beverage products reached an all-time high of $54.3 billion, marking a 14.1% increase compared to 2021. These exports represented 34.7% of the total production value. Therefore, the increasing demand for processed food products is driving the growth of the cellulose gel market.
Market Trends –
Major companies operating in the cellulose gel market focus on innovative and sustainable solutions, such as cellulose thickeners, to address environmental concerns and meet the growing demand for eco-friendly products in various industries. Cellulose thickeners enhance the viscosity and stability of multiple products in food, pharmaceuticals, cosmetics, and other industries. For instance, in April 2022, Nouryon, a Netherlands-based specialty chemicals company, launched Bermocoll flow cellulose ethers. It delivers an optimal balance of sag resistance and leveling, along with improved spatter resistance and hiding, compared to paint systems made with standard thickeners. Moreover, the product is soluble in water. It is well suited for low-volatile organic compound (VOC) paint formulations and airless spray applications, making it a natural, more sustainable alternative for interior and exterior decorative paints.
The cellulose gel market covered in this report is segmented –
1) By Source: Wood Cellulose, Cotton Cellulose
2) By Derivative Type: Commodity Cellulose Pulp, Cellulose Ethers, Cellulose Esters, Microcrystalline Cellulose, Nanocellulose, Other Derivatives
3) By Property: Thickening Agent, Stabilizer, Binder, Anti Repository Agent, Lubricator, Emulsifier, Excipient
4) By Application: Food And Beverages, Oil And Refining, Pharmaceutical, Paint Industry And Textile, Cosmetics And Personal Care Industry, Paper Coating And Household Care, Other Applications
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Regional Insights –
North America was the largest region in the cellulose gel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cellulose gel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the cellulose gel market are Thermo Fisher Scientific Inc., Shin Etsu Chemical Co. Ltd., Asahi Kasei Corporation, DuPont de Nemours Inc., International Flavors & Fragrances Inc., AkzoNobel N.V., Avantor Inc., FMC Corporation, Clariant AG, Roquette Frères, Sigma-Aldrich, J.M. Huber Corporation, Ashland Inc., Rayonier Advanced Materials (RYAM), CP Kelco U.S. Inc., Borregaard AS, Lamberti S.p.A., Spectrum Chemical Manufacturing Corporation, J. Rettenmaier & Söhne GmbH + Co KG, DMV-Fonterra Excipients GmbH & Co. KG, CFF GmbH & Co. KG, Maple Biotech Private Limited, Mingtai Chemical Co. Ltd., Sigachi Industries Limited, Accent Microcell Limited, CelluForce Inc
Table of Contents
1. Executive Summary
2. Cellulose Gel Market Report Structure
3. Cellulose Gel Market Trends And Strategies
4. Cellulose Gel Market – Macro Economic Scenario
5. Cellulose Gel Market Size And Growth
…..
27. Cellulose Gel Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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