200 Users Online
Cellulose Gel Market by Source (Wood and Non-Wood), The Wood based Cellulose Gel dominates the Cellulose Gel Market with 90.7% of value share in 2022.
Expanding at a CAGR of 7.1%, the global market for Cellulose Gel Market is projected to increase from a valuation of US$ 1,288.20 Million in 2023 to US$ 2,557.86 Million by 2033.
|
Cellulose Gel Market Size (2023E) |
US$ 1,288.20 Million |
|
Projected Sales of Cellulose Gel (2033F) |
US$ 2,557.86 Million |
|
Value CAGR (2023 to 2033) |
7.10% |
|
Value Share of Top 4 Countries (2022E) |
58% |
FREE Report Sample is Available
In-depth report coverage is now just a few seconds away
Get FREE Report Sample
The global cellulose gel market has witnessed significant growth in the historical period registering a CAGR of 5.87% in the historical period and was valued at US$ 1,288.20 Million in 2023. The market is expected to grow steadily with increasing awareness and benefits about applications of cellulose gel.
Cellulose gel helps in serving the health-conscious consumers with reduced fat and oil content without compromising on the texture of food. The reduced calorie content of the cellulose gel aids in creating healthy bakery and confectionery products for consumers demanding low-calorie and tasty food products. Cellulose gel also has gelling and stabilizing properties making it functional and healthy substitute as compared to synthetic additives. These benefits offered by Cellulose Gel over other additives in food and beverage industry is expected to drive increased demand.
The global market for cellulose gel is estimated to reach an approximate valuation of US$ 2,557.86 Million in the forecast period.
Make This Report Your Own
Take Advantage of Intelligence Tailored to your Business Objective
Get a Customized Version“Shifting Consumer Preference for High Fiber Food Stimulating the Demand for Food Grade Cellulose”
Dietary fiber contains high disease protective properties, which are capable of fighting against heart diseases, diabetes, and some types of cancer. In addition, high fiber food comprises low calories and can be favorable for the consumers demanding healthy diet. Gut health being one of the serious problem amongst many consumers is increasing the demand for high fiber food. Addition of cellulose gel in food products helps in increasing the fiber content along with improved flavors, moist texture, and luscious mouthfeel to different food products.
As such, the food grade cellulose market is set to experience value CAGR of 6.5% during the forecasted period.
“Increased use of Cellulose Gel in Pharmaceutical Industry to Bolster Growth for the Market”
Cellulose gel is insolvent in dilute acids, water, and most of the other organic solvent and hence, has a wide range of applications in the pharmaceutical industry for tableting of dry powder. Cellulose gel also exhibits properties such as, thickening agent, stabilizing, thickener and viscosity builder, compressibility enhancer for wet and dry granulation of tablets. It is also a great disintegrate and lubricant, thus useful in the excipient formulations. In most of the excipient formulas, it is utilized in oral dosages requiring pellets, tablets, capsules, sachets, and others.
“Quality Assurance from International Standards Supporting Cellulose Gel Market”
All consumers need assurance of safety and quality measures taken by any company for the production of food and pharmaceutical ingredients. Since, the consumption of these, food and pharma ingredients may have direct effect on consumers’ health, all the industry players are careful about its product offerings. The international food quality and safety organizations are playing a vital role in standardizing procedures and processes to maintain the finest quality of products all over the globe. Quality certifications and standard operating activities give an edge over others in this cut-throat competitive market.
These certifications ensure product quality through certain laboratory tests. Certifications also ensure that the quantity and grade of food are maintained. Consumers can blindly trust products that are approved by regulatory bodies such as ISO 9001, HALAL, KOSHER, ISO 14001, OHSAS 18001, GMP + B2, IFS Food, NON-GMO Projects, USDA, FDA, and ISCC.
Mingtai Chemical Co., Ltd. and J. Rettenmaier & Söhne GmbH + Co KG companies belive in complying with these international standards for assuring quality of the cellulose gel.
“High Production Cost of Cellulose Gel and Availability of Low Cost Substitute Impeding Growth of Market”
Cellulose gel is very versatile in the production of food, pharmaceutical, and cosmetic & personal care products even though industry players are hesitant for its utilization. Cellulose gel is very costly to produce. The market prices of cellulose gel is a bit higher than its alternatives. The higher cost of cellulose gel is one of the major factor hindering the market from reaching its full potential.
In the market, abundant low cost substitutes are available with similar qualities and functionalities as that of cellulose gel. The pharmaceutical or personal care industry manufacturers may opt for these substitute in order to reduce its operational cost. The presence of these low cost substitutes and high production cost of the cellulose gel is hindering the growth of the market.
What Regions Are Dominating the Global Cellulose Gel Market?
The global cellulose gel market space is dominated by the established market like North America and Europe. These regions together account for more than 50% of the total value share globally in the year 2022. North America dominates the global Cellulose Gel market with the highest value share of 28.0% in 2022. This is attributable to the higher demand for cellulose gel from food and beverages and pharmaceutical industry.
Why is the Asian Pacific Cellulose Gel Market Expected to Project High Growth?
With the rising urbanization, disposable income, and population of the emerging economies such as, India and China in Asia Pacific, the market dynamics and consumer buying behavior has witnessed tremendous change. The consumers are ready to spend hefty amount on the packaged good, bakery, and confectionery products. Followed by westernization, consumers of Asian countries have shown inclination toward ready to eat foods. With cellulose gel being an essential ingredient in these food products, the demand is expected to surge with South Asia expected to witness significant value CAGR of 8.9% during the forecasted period.
Sales Team
Client Partner
What is the Projected Growth of the Global Cellulose Gel Market?
Pharmaceutical industry is the biggest consumer of cellulose gel with market value share of 41.5% in 2022 owing to the bio-based multifunctional property of cellulose gel which makes it versatile for pharmaceutical industry
The Bakery and confectionery industry is expected to witness the highest incremental value opportunity during the forecasted period attributable to its properties including stabilizing, gelling, and thickening as well as retaining air for volume of bakery products
By source, the wood based cellulose gel dominates the global cellulose gel market with 90.7% of market value share in 2022. However, the non-wood based cellulose gel is expected to exhibit significant value CAGR of 8.0% over the forecast period owing to its lower price than wood based cellulose gel.
Why is there an Increasing Application of Cellulose Gel in the Food and Beverage Industry?
Cellulose gel is capable of emulsifying food such as sauces, and also prevents the separation of water from the rest of the ingredients. Cellulose is also known to thicken food products. The demand for the frozen food, dairy, and bakery products are stable, as these products are widely consumed, which is expected to stimulate the growth in demand for cellulose gel.
Manufacturers operating in the cellulose gel market are complying with different international standard for assuring quality and safety to the consumers. Quality certifications and standard operating activities are expected to give manufacturers edge over others in the cut-throat competitive market of cellulose gel. Manufacturers efforts in serving the food and beverage industry with gluten-free, non-GMO, and allergen free cellulose gel is expected to further contribute towards high market growth.
|
Attribute |
Details |
|
Forecast period |
2023 to 2033 |
|
Historical data available for |
2018 to 2022 |
|
Market analysis |
USD million for value |
|
Key regions covered |
|
|
Key countries covered |
|
|
Key market segments covered |
|
|
Key companies profiled |
|
|
Report coverage |
|
|
Customization & pricing |
Available upon request |
By Source:
By Grade:
By End Use:
By Region:
The global market for cellulose gel has a value of US$ 1,288.20 Mn in 2023.
The global market for cellulose gel has a value CAGR of 5.87% from 2018-2022.
The global market for cellulose gel has a value of US$ 2,557.86 Mn in 2033.
The global market for cellulose gel has a value CAGR of 7.10% from 2023-2033.
The top players hold more than 25-30% of the market share. They include DuPont de Nemours, Inc., Asahi Kasei Corporation, Roquette Frères S. A.
