The global powdered cellulose market is anticipated to exceed US$ 297.4 million in 2033. According to Future Market Insights (FMI), the valuation of the market is likely to reach US$ 183.8 million in 2023. A slow but steady CAGR of 4.9% from 2023 to 2033 is slated to drive global market acceleration.
Powdered cellulose is primarily derived from wood. However, wheat, bamboo, and cotton may also be used for producing it. It has a white appearance along with a free-flowing texture. Its highlight is its chemical inertness, which prevents it from being digested.
Its excipient applications in the pharmaceutical industry facilitate the creation of hard tablets. The cosmetics industry depends on powdered cellulose as well for its anti-caking qualities. According to FMI, the global food & beverage industry is likely to generate substantial powdered cellulose demand between 2023 and 2033. Powdered cellulose’s anti-caking qualities make it the perfect component that prevents lump formations in confectionaries, table salt and other granulated products.
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Key Takeaways from the Powdered Cellulose Market Study
- In 2023, the market for powdered cellulose is estimated to reach a US$ 183.8 million.
- From 2023 to 2033, a slow but steady 9% CAGR is likely to contribute to market acceleration.
- The global market is slated for a US$ 297.4 million valuation in 2023.
- The food & beverage industry is expected to generate significant powdered cellulose demand between 2023 and 2033.
- FMI also expects the United States and China to dominate the global market from 2023 to 2033.
“Players in the global market for powdered cellulose are keen on enhancing their existing products. To do this, they are likely to make hefty investments in research & development and facility expansions. In developing economies, local players are likely to outperform companies of international renown. However, leading international players should perform well across developed economies.” Says an FMI analyst.
Who is winning?
The market for powdered cellulose is set to be driven globally by the increasing demand for natural ingredients in food items and the acceptance of dietary fibers in the food sector. The diverse array of functions of powdered cellulose is likely to have a positive impact on demand as well. In a variety of industries, powdered cellulose is being increasingly employed as a stabilizer, thickening, coating agent, and emulsifier.
Leading players operating in the powdered cellulose market include J. Rettenmaier & Söhne GmbH + Co KG, CFF GmbH & Co. KG, Jelu-Werk J. Heeler GmbH & Co KG, InterFiber Sp. Z.O.O, Ankit Pulps and Boards PVT. LTD, Accent Microcell Pvt. Ltd., NB Entrepreneurs, Mikro-Technik GmbH & Co KG, Central Drug House (P) Ltd, Natural Fiber Solutions, Parnacell Chemical Pvt. Ltd., AROMATICS., Maple Biotech Pvt. Ltd, HNB BIO CO., LTD, and FineCell Sweden AB.
Get Valuable Insights into Powdered Cellulose Market
Future Market Insights, in its new offering, provides an unbiased analysis of the powdered cellulose Market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on the powdered cellulose market based on grade (food grade, pharmaceutical grade, industrial grade), functionality (thickener, stabilizer, emulsifier, gelling, coating agent), source (soft and hard wood pulp, cotton linter pulp, bamboo, wheat straw pulp), end use (food & beverage industry, pharmaceuticals, cosmetics, construction industry, chemical industry, leather industry, textile industry, paper industry) across seven regions.
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