Global Cellulose Gel Market Size, Trends & Analysis - Forecasts to 2026 By Source (Wood, and Non-Wood ); By Grade (Food Grade, and Industrial Grade); By End User (Food & Beverage [Dairy Products, Beverages, Sauces and Dressing, Meat and Poultry, Bakery and Confectionery], Cosmetics and Personal Care Industry, Pharmaceutical, and Industrial); By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Vendor Landscape, and Company Market Share Analysis & Competitor Analysis
Cellulose gel is used by health-conscious consumers to reduce fat content, without bargaining on the texture quality of food. The gel is also known as Microcrystalline Cellulose (MCC), which is white in color and free-flowing powder most extracted from wood pulp. This gel can play various vital roles such as stabilizer, bulking agent, thickener, emulsifier, suspending agent, textured, and fat substitute mostly in pharmaceutical and food industries. The gelling feature of the cellulose gel makes it a healthy and better alternative to synthetic additives.
As per the studies conducted by GME, the cellulose gel market is estimated to grow at a CAGR of 4.5% between the 2020-2026 timespan. Increasing consumption and demand for frozen food, bakery products, dairy are expected to aid the expansion of the market size across the globe. Also, the gel shows a minimal effect on humans with rare allergic reactions thus attracting a large volume of the customer base.
The sources required in cellulosic gel industries are wood and non-wood. The non-wood segment is estimated to grow at the largest rate in coming years as various alternatives of non-wood sources are being analyzed to formulate a production process for cellulose gel. Also, the required cost for the non-wood segment is comparatively low than the wood segment as the raw material used for the production process of non-wood is obtained from agricultural waste.
Food grade and industrial grade are the categorization of the cellulose gel market based on grade. Food grade is the highest market share building segment of the cellulose gel products. Cellulose gel in food products add nutritional content and helps in improving the taste. Also, shifting consumer's preference towards high fiber food is stimulating the demand for food-grade cellulosic products.
Food & beverage, cosmetics, and personal care industry, pharmaceutical, and industrial are the bifurcations of the end-user for cellulose gel industry. The pharmaceutical segment is the fastest-growing end-user of cellulose gel products due to its insolvent nature in dilute acids, water, and most organic solvents. The cellulose gel is used as a thickening agent, thickener, and compressibility enhancer to build liquid and dry tablets.
Asia-Pacific is estimated to trend upwards between 2020-2026 period. Rising urbanization and disposable income in emerging economies have changed consumer buying preferences which have led to indirect growth of the market. Consumers are inclined towards investing in packaged goods, bakery, and confectionery products that are building the market for cellulose gel products. As cellulose gel shows fewer side effects and being an essential ingredient in these food products, it leads to bringing increment in the demand for cellulose gel thus responsible to witness significant growth in the coming years.
The main players operating in the market include BeanTown Chemical, Spectrum Chemical Mfg. Corp., Alfa Aesar, Godavari Biorefineries Ltd, Accent Microcell Pvt. Ltd., Chemfield Cellulose, Libraw Pharma, Sigachi Industries Limited, Foodchem International Corporation, J. Rettenmaier & Söhne GmbH + Co KG, Mingtai Chemical Co., Ltd., Roquette Frères S. A., DFE Pharma GmbH & Co. KG, limited, Asahi Kasei Corporation, and DuPont de Nemours, Inc. among others
Please note: This is not an exhaustive list of companies profiled in the report.
In September 2017, Roquette Frères S. A acquired a Brazil; based company Itacel. The acquisition is done by the firm to maintain the foothold on the global cellulose gel market by becoming the leading supplier of the product.
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The Global Cellulose Gel Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Cellulose Gel Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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