Press release
Global Powdered Cellulose Market will register above 6% CAGR between 2021 and 2031
Powdered Cellulose Market
The rising demand for natural ingredients in food products and the popularity of dietary fibers in the food industry will drive the powdered cellulose market across the globe. The demand for powdered cellulose is also influenced by its functionalities. Powdered cellulose is increasingly used as a stabilizer, thickener, coating agent, and emulsifier in the food, pharmaceuticals, cosmetics and personal care, construction and welding applications, paper and textiles industry and several other industries.
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According to a Future Market Insights (FMI) report, changing consumer behaviour will result in high demand for powdered cellulose in the coming years. The study predicts the market’s valuation to surpass US$ 180 Mn by 2021.
“Higher focus on healthy eating have attracted attention towards ingredient list of food products. In general there is higher demand for food products containing ingredients derived from natural sources. This has resulted in increasing use of powdered cellulose as emulsifier and gelling agents in sauces and mixes. The demand for powdered cellulose will therefore continue increasing through the forecast period.” said a lead analyst at FMI
Key Takeaways from the Study:
• Powdered cellulose market will register above 6% CAGR between 2021 and 2031
• The U.S. has emerged as a key market, accounting for over 60% sales in North America
• The increasing demand from various industries will enable the U.K. market exhibit a little below 4% y-o-y growth in 2021
• The expansion of food and construction sectors will support growth in Germany and France
• China will lead East Asia, thanks to the rising demand from the food industry
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Competitive Landscape
In 2021, J. Rettenmaier & Söhne GmbH + Co KG conducted researches on powdered cellulose and cellulose fibers to address technological difficulties in the processing of pet food and to offer various health benefits to all of the beloved pets. J. Rettenmaier & Söhne GmbH + Co KG installed its production and business plant in China in 2017 to enhance the service for existing customers and also expand the market reach.
Some of the leading companies operating in powdered cellulose market are:
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 FineCell Sweden AB
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
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