Global Powdered Cellulose Market Report and Forecast 2023-2028

Global Powdered Cellulose Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global powdered cellulose market is expected to grow at a CAGR of 5.02% between 2023 and 2028. Aided by the rising health consciousness among consumers and the increasing demand for processed food, the market is expected to grow significantly by 2028.

Powdered cellulose, a fine and odourless white powder, is derived from the alpha-cellulose in purified wood pulp or cotton lint. Owing to its high fibre content and beneficial properties such as excellent emulsifying, stabilising, and thickening characteristics, it finds significant use in various products, including dietary supplements, food products, pharmaceuticals, and cosmetics.

The growing consumer preference for low-calorie and high-fibre food products is propelling the global powdered cellulose market growth. The rise in health consciousness has triggered a notable shift towards food products that are low in calories but high in fibre, leading to an increased demand for powdered cellulose. It also acts as a fat replacement, reducing the overall caloric content of food products without compromising texture or taste.

The versatile applications of powdered cellulose across multiple industries are also contributing significantly to the powdered cellulose market development. In the pharmaceutical industry, powdered cellulose is used as a binder and disintegrant in tablet formulation. The cosmetics industry employs powdered cellulose due to its excellent moisture-retention properties, vital for various skincare products. Also, its inherent properties make it an essential component in the manufacturing of paints, coatings, and plastics.

The growing demand for plant-based alternatives in the food and beverage industry has also augmented the focus on powdered cellulose. With the rise of vegetarian and vegan diets, along with increased popularity of plant-based products, powdered cellulose has surfaced as a significant ingredient in the formulation of dairy-free cheese, meat substitutes, and other alternatives, thus amplifying the powdered cellulose market expansion.

In addition, the emergence of clean-label trends, with consumers increasingly favouring products containing natural and familiar ingredients, has accelerated the adoption of powdered cellulose. Its natural derivation and high fibre content align with the clean-label ethos, driving its inclusion in a variety of food and beverage products, propelling the powdered cellulose market demand.

Market Segmentation

The market can be divided based on grade, distribution channel, end use, and region.

Market Breakup by Grade

• Food Grade
• Pharmaceutical Grade
• Industrial Grade

Market Breakup by Distribution Channel

• B2B
• B2C

Market Breakup by End Use

• Food and Beverage Industry
• Pharmaceuticals
• Cosmetics
• Construction
• Chemical
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global powdered cellulose companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• J. Rettenmaier & SÖHNE GmbH + Co KG
• Nippon Paper Industries Co., Ltd
• CFF GmbH & Co. KG
• Asahi Kasei Corporation
• Ingredion Incorporated
• Sweetener Supply Corp.
• Jelu-Werk J. Ehrler GmbH & Co. KG
• Accent Microcell Ltd.
• Sigachi Industries
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.