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Microbial and Bacterial Cellulose Production Market is Expected to Reach USD 980.9 Million By 2028 - Reports and Data
According to the current analysis of Reports and Data, the global Microbial and Bacterial Cellulose Production Market was valued at USD 506.8 Million in 2020 and is expected to reach USD 980.9 Million by 2028, at a CAGR of 8.1%. Wide application of microbial and bacterial cellulose in wound care, therapeutics, cosmetology, cardiovascular diseases, oncology, ophthalmology, urology, drug delivery systems, tissue engineering, and tissue regeneration are expected to propel market growth over the forecast periodAccording to the International Journal of Biological Macromolecules, bacterial cellulose (BC) has sparked a lot of interest in the pharmaceutical and medical fields because of its inherent physical, mechanical, and biological properties. BC was first used in artificial blood vessel development, organ development, tissue regeneration, and wound dressing. According to the International Journal of Biological Macromolecules, multiple BC-based composite scaffolds have been developed and are used in the treatment of cancer. According to Canada's Health Fact Sheets Diabetes, 2.3 million Canadians were diagnosed with diabetes in 2017. BC can help to improve human health by replacing these fats. The US Food and Drug Administration (FDA) has declared bacterial cellulose (BC) to be a "Generally Recognized as Safe" (GRAS) food. Bacterial cellulose is used as a dietetic food for humans because of its fibre content, which makes it easier to digest. Nata-de-coco, a bacterial cellulose grown from coconut water with amino acids and carbohydrates, is one of the most well-known BC.
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Asia Pacific region is expected to register highest CAGR of 8.5% over the forecast period. Several market players are relocating their manufacturing facilities to Asia Pacific as a result of favorable government policies, the availability of low-cost labor, and rising demand for bacterial cellulose in the region's food and beverage industry. However, the availability of substitutes and strict regulations are likely to restrain market growth.
Further key findings from the report suggest:
Based on the growth media, synthetic media segment accounted for the largest market share of 57.5% in 2020. The most well-known synthetic method for growing bacterial cellulose is the Hestrin-Schramm (HS) medium. An ideal synthetic medium contains glucose, ammonium sulfate, monopotassium phosphate, disodium phosphate, magnesium sulfate, nicotinamide, and ethanol.
Among bacteria type, gram negative bacteria segment accounted for the significant share in the forecast period. Secretion of large amounts of cellulose as micro-fibrils from Gluconacetobacter xylinus is likely boost market growth.
In December 2020, Borregaard has received a commitment of NOK 15.7 million in funding from the Research Council of Norway for a project for the development of biochemicals to replace petrochemical alternatives.
North America, registered largest share of approximately, 37.8% in the Microbial and Bacterial Cellulose Production market attributing to well-developed healthcare infrastructure, increasing investments by major players in R&D, and growing applications of bacterial cellulose in wound care products.
Competitive Landscape:
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, and product & service portfolio. The Microbial and Bacterial Cellulose Production market is extremely competitive and consists of several key players at the regional and global levels. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures, and collaborations to strengthen their market position and enhance their product portfolio.
Leading companies operating in the market are:
Celluforce, American Process, Axcelon Biopolymers Corporation, Borregaard, Bowil Sp. z o. o., Daicel Corporation, Fzmb GmbH, Merck KGaA, Nippon Paper Industries Co., Ltd., and Nympheas International Biomaterial Corporation.
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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Microbial and Bacterial Cellulose Production Market Segmentation:
Growth Medium Outlook (Revenue in Million USD; 2018-2028)
Synthetic Media
Non-Synthetic Media
Mode of Delivery Outlook (Revenue in Million USD; 2018-2028)
Static Method
Dynamic Method
Bacteria Type Outlook (Revenue in Million USD; 2018-2028)
Gram Negative Bacteria
Agrobacterium tumefaciens
Rhizobium
Aerobacter
Azotobacter
Others
Gram Positive Bacteria
Application Outlook (Revenue in Million USD; 2018-2028)
Pharmaceutical And Medical Applications
Wound Care Therapeutics
Cosmetology
Cardiovascular Diseases
Oncology
Ophthalmology
Urology
Drug Delivery Systems
Tissue Engineering And Regeneration
Other Antimicrobial Products
Non-Medical Application
Food Industry
Paper Industry
Others
Regional Outlook:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
Some essential purposes of the Microbial and Bacterial Cellulose Production market research report:
Vital Developments: Custom investigation provides critical improvements to the Microbial and Bacterial Cellulose Production market, including R&D, new item shipment, coordinated efforts, development rate, partnerships, joint efforts, and local development of rivals working in the market on a global scale and regional.
Market Characteristics: The report contains Microbial and Bacterial Cellulose Production market highlights, income, limit, limit utilization rate, value, net, creation rate, generation, utilization, import, trade, supply, demand, cost, part of the industry in general, CAGR, and gross margin. Likewise, the market report offers an exhaustive investigation of the elements and their most recent patterns, along with Service market fragments and subsections.
Investigative Tools: This market report incorporates the accurately considered and evaluated information of the major established players and their extension into the Microbial and Bacterial Cellulose Production market by methods. Systematic tools and methodologies, for example, Porter's Five Powers Investigation, Possibilities Study, and numerous other statistical investigation methods have been used to analyze the development of the key players working in the Microbial and Bacterial Cellulose Production market.
Convincingly, the Microbial and Bacterial Cellulose Production report will give you an unmistakable perspective on every single market reality without the need to allude to some other research report or source of information. This report will provide all of you with the realities about the past, present, and eventual fate of the Microbial and Bacterial Cellulose Production market.
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