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Cellulose Gel Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: October 2023 || SKU: FB6337
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180 pages
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Global Cellulose Gel Market is Segmented By Source (Wood Cellulose, Cotton Cellulose), By Application (Food and Beverages, Cosmetics/Personal Care, Pharmaceuticals, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

 

Cellulose Gel Market Overview

The global cellulose gel market is projected to reach at a CAGR of 7.12% during the forecast period (2023-2030).

Cellulose gel is a molecule that consists of hydrogen, carbon, and oxygen and is found in the cellular structure of all plants. It is a biomacromolecule that is environmentally friendly, biocompatible, biodegradable, and renewable, among others. Even though cellulose is found in all plants, the most frugal source of cellulose is derived from wood pulp and cotton. In recent years, cellulose gel has witnessed a significant increase in demand from the food and beverage industries, owing to its physical and chemical properties when combined with liquids.

Cellulose Gel Market Scope

Metrics

Details

Market CAGR

7.12%

Market Size Available for Years

2021-2030

Forecast Period

2023-2030

Market Data

Value (US$) 

Segments Covered

Source, Application, and Region

Regions Covered

North America, Europe, Asia-Pacific, South America and Middle East & Africa

Largest Market Share

Europe

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other Key Insights.

 

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Cellulose Gel Market Dynamics

The burgeoning pharmaceutical industry surge the demand for cellulose gel 

The continuous development in science and technology and the advent of big data and artificial intelligence have sparked the pharmaceutical industry's research activities to develop new medicines. Innovative treatments and personalized care have become common sightings due to research in the pharmaceutical industry. Increasing investments by governments and private players to develop new medicines and treatments to treat various diseases drive the market. As per the European Federation of Pharmaceutical Industries and Associations (EPA), the pharmaceutical industry in Europe invested around USD 38,500 million in research and development in 2019. For instance, the recent coronavirus pandemic has affected the world and has compelled scientists and doctors to develop a vaccine, further fueled by heavy private and governmental investments. Cellulose gel is a bioadhesive and mucoadhesive used in drug delivery systems that help improve the specific localization of drug delivery. Furthermore, cellulose gel is used as a coating for tablets, pellets, pills, and beads, as it offers a protective layer from humidity, oxygen, and other environmental factors. These factors have expected to drive growth. 

Water retention properties of cellulose gel to surge its adoption in the construction sector 

The construction industry has witnessed moderate growth even though the global economy has shown signs of deceleration due to the ongoing pandemic. The easing of restrictions and the infusion of government economic aid are likely to jumpstart the industry again. The overall long-term outlook of the construction industry is showing positive signs and is expected to be above the global GDP. Increasing construction activities in emerging economies, such as India and China, upgrading existing infrastructure, and surging overall investments in renewable and telecom sectors are likely to boost construction activities. According to Oxford Economics, the U.S. construction industry is expected to overtake China in the coming decade. Furthermore, the three countries that account for around 60% of the growth include the U.S., China, and India. The global construction volume is expected to grow by around 85% and reach around USD 15.5 trillion by 2030. Cellulose gel is a performance additive in construction materials as it helps increase cement properties such as water retention, workability, viscosity, and adhesion, among others.

Cellulose Gel Market Segment Analysis

The global cellulose gel market is segmented based on source, application and region.

The food and beverages segment holds the highest share of the market

Globally, the number of obesity cases is increasing at an alarming rate. As per the World Health Organization (WHO), globally, the number of obesity cases has increased by three times since 1975. In 2019, around 13% of the global adult population was obese. In line with this, people are opting to switch to healthier alternatives. Cellulose gel finds a wide range of applications in the food and beverage industry as it increases the fiber content in food, makes one feel satiated and aids in weight loss. Furthermore, it acts as a calorie reducer as it increases the volume of food, is nondigestible, and has no calories, further driving the segment's growth.

Source: DataM Intelligence Analysis (2023)

Cellulose Gel Market Geographical Share

Europe plays a dominant role in driving the global market growth

The food and beverage sector plays a crucial role in the European economy. The sector is less vulnerable than other sectors as the demand is usually static, even with economic fluctuations. According to Food Drinks Europe, Europe’s food and drink industry reached a value of USD 1.30 trillion in 2019 and employed around 4.57 million people. The total research and development expenditure was around USD 3.2 billion, and total trade accounted for around USD 130 billion. The food and beverage industry is quite diverse in Europe, with various sectors ranging from fruits, vegetables, dairy, drinks, and sauces. Cellulose gel is used as an ingredient in food and beverages to act as an emulsifier and thickener that helps prevent the separation of the two mixed liquids. It also exhibits anti-caking properties and is used extensively in dairy products. Rising consumption and demand for confectionery items in recent times has surged the prevalence of obesity, further driving the demand for cellulose gel in Europe as it is consumed widely as a calorie reducer. Cake and chocolate manufacturers in Europe are using cellulose gel to improve the presentation of their products while offering them as a healthy alternative to traditional confectionery products.

Source: DataM Intelligence Analysis (2023)

Cellulose Gel Market Companies

The major global players in the market include Ashland Global Specialty Chemicals Inc., Cellulose Solutions Private Limited, E. I. du Pont de Nemours and Company, J. Rettenmaier & Söhne GmbH + Co KG, J.M. Huber Corporation, Libraw Pharma, Mingtai Chemical Co., Ltd., Sigachi Industries Limited, Somaiya Group, Spectrum Chemical Mfg. Corp.

COVID-19 Impact Analysis

By Source

  • Wood Cellulose
  • Cotton Cellulose

By Application

  • Food and Beverages
  • Cosmetics/Personal Care
  • Pharmaceuticals
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa

Key Developments

  • In 2019, DowDuPont (USA) acquired FMC Corporation's (USA) Health & Nutrition business segment. The acquisition has helped the firm extend its pharmaceutical excipient storage capabilities. The acquisition also helped the firm acquire new cellulose gel ingredients. 
  • In September 2019, Itacel, a Brazil-based company, was acquired by Roquette. The acquisition helped Roquette maintain its foothold in the global MCC market by becoming a major supplier of MCC. 

The global cellulose gel market report would provide approximately 53 tables, 54 figures and 195 Pages.

FAQ’s

  • The Projected CAGR value is 7.12%.

  • Key players are Ashland Global Specialty Chemicals Inc., Cellulose Solutions Private Limited, E. I. du Pont de Nemours and Company, J. Rettenmaier & Söhne GmbH + Co KG, J.M. Huber Corporation, Libraw Pharma, Mingtai Chemical Co., Ltd., Sigachi Industries Limited, Somaiya Group, Spectrum Chemical Mfg. Corp.

  • Europe is the Largest Market Share in Cellulose Gel Market.

  • The segments are By Source, By Application, and By Region.
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