Cellulose Gel Market Expected to Achieve 6.6% CAGR by 2029: Growth Forecast Insights

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How Large Will the Cellulose Gel Market Size By 2025?
In recent years, the market size of cellulose gel has been expanding substantially. The market's value is predicted to surge from $1.41 billion in 2024 to $1.51 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.0%. Factors contributing to this notable growth during the historic period include a heightened demand for food items low in fat and calories, amplified use in the sector of pharmaceuticals, increasing health consciousness among the populace, development of the processed food industry, and a surge in the consumption of convenience foods.

How Big Is the Cellulose Gel Market Size Expected to Grow by 2029?
Anticipations are high for a robust expansion in the cellulose gel market in the upcoming years with a projection to hit $1.95 billion in 2029, increasing at a compound annual growth rate of 6.6%. Dominant factors contributing to this surge during the predicted period include an elevation in consumer inclination towards products with clean labels, booming pharmaceutical sector, growing usage in cosmetics and personal care product categories, the rise in demand from vegan and vegetarian food producers, and wider use in food industry to enhance texture. The forecast period will likely be characterized by the acceptance of eco-friendly practices, progress in production methods, invention of new uses, amalgamation of advanced technologies, and more implementations in the food and beverage sectors.

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Which Key Market Drivers Powering Cellulose Gel Market Expansion and Growth?
The food enzyme market is anticipated to expand due to the rising consumer preference for processed food products. Such products are subject to various mechanical, physical, or chemical transformations from their original state, making them fit for consumption. Factors such as rapid urbanization, advancements in food processing technology, an accelerated lifestyle, and increasing disposable incomes contribute to the surging demand for these processed items. Cellulose gel, as a versatile component, improves processed foods by enhancing their texture, stability, and shelf life. It's extensively used in a variety of food items such as sauces, dressings, desserts, and ready-to-eat meals. For instance, in October 2023, Agriculture and Agri-Food Canada (AAFC), stated that the export of processed food and beverage products had reached a record high of $54.3 billion in 2022, showing a 14.1% growth from 2021. These exports made up 34.7% of the total production value. Thus, the burgeoning demand for processed food products is fueling the growth of the cellulose gel market.

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Which Fast-Growing Trends Are Poised to Disrupt the Cellulose Gel Market?
Leading entities in the cellulose gel market are prioritizing innovative and eco-friendly solutions such as cellulose thickeners. This is in an effort to both address environmental concerns and cater to the growing interest for environment-friendly products across different sectors. Cellulose thickeners improve the viscosity and stability of diverse products in industries like food, pharmaceuticals, and cosmetics among others. For instance, in April 2022, Nouryon, a specialty chemicals firm based in the Netherlands, rolled out Bermocoll flow cellulose ethers. This product offers an ideal mix of sag resistance and leveling, along with enhanced spatter resistance and hiding, when compared to paint systems crafted with traditional thickeners. Additionally, this product dissolves in water. This makes it perfect for applications like low-volatile organic compound (VOC) paint formulations and airless spray, thereby serving as a natural and more sustainable substitute for indoor and outdoor decorative paints.

What Are the Emerging Segments in the Cellulose Gel Market?
The cellulose gel market covered in this report is segmented -

1) By Source: Wood Cellulose, Cotton Cellulose
2) By Derivative Type: Commodity Cellulose Pulp, Cellulose Ethers, Cellulose Esters, Microcrystalline Cellulose, Nanocellulose, Other Derivatives
3) By Property: Thickening Agent, Stabilizer, Binder, Anti Repository Agent, Lubricator, Emulsifier, Excipient
4) By Application: Food And Beverages, Oil And Refining, Pharmaceutical, Paint Industry And Textile, Cosmetics And Personal Care Industry, Paper Coating And Household Care, Other Applications

Subsegments:
1) By Wood Cellulose: Hardwood Cellulose, Softwood Cellulose
2) By Cotton Cellulose: Organic Cotton Cellulose, Conventional Cotton Cellulose

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Who Are the Global Leaders in the Cellulose Gel Market?
Major companies operating in the cellulose gel market are Thermo Fisher Scientific Inc., Shin Etsu Chemical Co. Ltd., Asahi Kasei Corporation, DuPont de Nemours Inc., International Flavors & Fragrances Inc., AkzoNobel N.V., Avantor Inc., FMC Corporation, Clariant AG, Roquette Frères, Sigma-Aldrich, J.M. Huber Corporation, Ashland Inc., Rayonier Advanced Materials (RYAM), CP Kelco U.S. Inc., Borregaard AS, Lamberti S.p.A., Spectrum Chemical Manufacturing Corporation, J. Rettenmaier & Söhne GmbH + Co KG, DMV-Fonterra Excipients GmbH & Co. KG, CFF GmbH & Co. KG, Maple Biotech Private Limited, Mingtai Chemical Co. Ltd., Sigachi Industries Limited, Accent Microcell Limited, CelluForce Inc

Which are the Top Profitable Regional Markets for the Cellulose Gel Industry?
North America was the largest region in the cellulose gel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cellulose gel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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